Spectrum Wine Auctions LLC, a subsidiary of Spectrum Group
International, Inc. (SPGZ) and one of the world's leading fine wine
auction houses, announced today that Jason Boland has resigned from
the company in order to pursue other opportunities. Industry
veteran Amanda Crawford will be assuming the role of President,
effective immediately.
Crawford, who has been with Spectrum Wine for two years as
auction director and lead specialist, previously served in the wine
department as assistant vice president and lead specialist at
Christie’s New York. A frequent instructor on all things wine for
trade and clients alike, she has served on the faculty of the
French Culinary Institute in Manhattan. Her extensive wine related
travels have taken her to Burgundy, Bordeaux, Germany, Piedmont,
Napa, Oregon and Eastern Europe in addition to her work as a
harvest intern in Tuscany. Prior to her tenure at Christie’s,
Crawford was an assistant wine director at 'Inoteca and a manager
of Astor Wines in New York. She graduated from Wellesley
College.
Greg Roberts, CEO of Spectrum Wine Auctions, commented, “Jason
helped to build Spectrum Wine into a force to be reckoned with in
the industry. We are very grateful for his contributions to the
company and wish him the best in his future endeavors.”
Mr. Roberts continued, “We are delighted that Amanda has
accepted the challenge of leading Spectrum Wine into its next phase
of growth. She brings extensive experience and industry-wide
credibility to the position and we believe she is a perfect fit for
the role.”
Spectrum Wine Auctions strategic advisor Kevin Swersey stated,
“Amanda is a rising star in the rarefied world of fine wine and I
am thrilled that she has agreed to take over the helm at Spectrum
Wine Auctions. I look forward to working with her and the rest of
our wine team as we continue to offer the absolute finest in
collectible wine.”
Ms. Crawford said, “I am grateful for the confidence Greg has
placed in me and am committed to establishing Spectrum Wine
Auctions as a worldwide pre-eminent wine auction house. We will
continue to place our clients first, offering buyers and sellers
the best products along with the exceptional customer service they
deserve.”
About Spectrum Wine Auctions
Following in the grand tradition of its sister auction
companies, Spectrum Wine Auctions is a subsidiary of Fortune 500
Company Spectrum Group International, Inc. (SPGZ), a consolidated
global collectibles network. The company is a leading auctioneer of
coins and other memorabilia, targeting both collectors and dealers.
Building a strong financial foundation, Spectrum Group
International is also a merchant/dealer of certain collectibles and
trader of precious metals. The company's collectibles offerings
range from the modest to ultra high-end in value and span the
globe. Spectrum Wine Auctions also conducts semimonthly online
auctions through www.spectrumwine.com. The company offers
competitive incentives for consignors, including no insurance
charges, no tasting wine requirements, no hidden fees and 0%
sellers fees for qualifying consignments and the ability to consign
both highly-collectible and commonly found wines.
Backed by many decades of auction expertise and driven by a team
of dedicated wine specialists and enthusiasts, Spectrum Wine
Auctions is committed to offering buyers and sellers alike the most
accessible and expansive auction opportunities of what is simply
the world’s greatest consumable and collectible product—wine. For
more information on Spectrum Wine Auctions, please call at
949.748.4845 or visit www.spectrumwine.com.
About Spectrum Group International,
Inc.
Spectrum Group International, Inc. (together with its
subsidiaries, “we,” the “Company” or “SGI”) is a global trading and
collectibles network. We are a trader of precious metals and an
auctioneer of coins and wine, serving both collectors and dealers.
We are also a merchant/dealer of certain collectibles. Our
collectibles offerings span the price spectrum from modest to
ultra-high end. Furthermore, we offer loans to coin dealers,
collectors and investors backed by their precious metals, rare
coins, and other collectibles as collateral.
Our Trading business is conducted through A-Mark Precious
Metals, Inc. (“A-Mark”) and its subsidiaries. A-Mark is a
full-service precious metal trading company, and an official
distributor for many government mints throughout the world. A-Mark
products include gold, silver, platinum and palladium for storage
and delivery in the form of coins, bars, wafers and grain, and our
services include financing, leasing, consignment, hedging and
various customized financial programs. A-Mark’s subsidiary,
Collateral Finance Corporation, provides financing on a wide array
of bullion and numismatic products.
Our Collectibles business operates as an integrated network of
leading companies concentrating on numismatic (coins) and rare and
fine vintage wine. We have offices and auction houses in North
America, Europe and Asia. In addition to traditional live auctions,
we also conduct Internet and telephone auctions.
Spectrum Group’s Collectibles companies in the numismatics field
include Stack’s Bowers Galleries (rare coin and currency auction
house), Stack’s Bowers and Ponterio (world and ancient coins and
currency auction house), Teletrade (online coin auctions), and
Spectrum Numismatics International (wholesale rare coin dealer),
all based in Irvine, California. Spectrum Wine Auctions is engaged
in the sale by auction of rare and fine vintage wine.
SAFE HARBOR STATEMENT
Statements in this press release that relate to future plans,
objectives, expectations, performance, events and the like are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and the Securities
Exchange Act of 1934. Future events, risks and uncertainties,
individually or in the aggregate, could cause actual results to
differ materially from those expressed or implied in these
statements. Factors that could cause actual results to differ are
identified in our public filings with the Securities and Exchange
Commission (SEC), and include the fact that we have disclosed that
you should not rely upon our previously published financial
statements and the fact that we have not filed all of our reports
required by the Securities Exchange Act of 1934. More information
about factors that could affect our business and financial results
included in our public filings with the SEC, which are available on
the SEC’s website located at www.sec.gov.
The words "should," "believe," "estimate," "expect," "intend,"
"anticipate," "foresee," "plan" and similar expressions and
variations thereof identify certain of such forward-looking
statements, which speak only as of the dates on which they were
made. Additionally, any statements related to future improved
performance and estimates of revenues and earnings per share are
forward-looking statements. We undertake no obligation to publicly
update or revise any forward-looking statements. Readers are
cautioned not to place undue reliance on these forward-looking
statements.
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