A-Mark Precious Metals (AMRK) 10-Q 7 Nov 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Sep. 30, 2014	Nov. 05, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'A-Mark Precious Metals, Inc.	'
Entity Central Index Key	'0001591588	'
Trading Symbol	'AMRK	'
Current Fiscal Year End Date	'--06-30	'
Entity Filer Category	'Non-accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q1	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	6,962,742

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Current assets:	'	'
Cash	$4,657	$13,193
Receivables, net	143,482	102,824
Inventories	138,627	150,944
Restricted inventories	20,613	24,610
Restricted and Nonrestricted Inventory, Net	159,240	175,554
Income taxes receivable from Former Parent	3,139	3,139
Prepaid expenses and other assets	728	613
Total current assets	311,246	295,323
Property and equipment, net	1,599	1,678
Goodwill	4,884	4,884
Intangibles, net	2,657	2,753
Investments	1,611	500
Total assets	321,997	305,138
Current liabilities:	'	'
Lines of credit	128,000	135,200
Liability on borrowed metals	11,998	8,709
Product financing arrangement	20,613	24,610
Accounts payable	104,922	77,426
Accrued liabilities	3,935	6,070
Income taxes payable	384	2,178
Deferred tax liability - current	1,456	1,456
Total current liabilities	271,308	255,649
Deferred tax liabilities	33	33
Total liabilities	271,341	255,682
Commitments and contingencies	'	'
Stockholders’ equity:	'	'
Preferred stock, $0.01 par value, authorized 10,000,000 shares; issued and outstanding: none as of September 30, 2014 and June 30, 2014	0	0
Common Stock, par value $0.01; 40,000,000 authorized; 6,962,742 and 6,962,742 issued and outstanding as of September 30, 2014 and June 30, 2014, respectively	70	70
Additional paid-in capital	22,379	22,317
Retaining earnings	28,207	27,069
Total stockholders’ equity	50,656	49,456
Total liabilities and stockholders’ equity	$321,997	$305,138

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Statement of Financial Position [Abstract]	'	'
Common stock, par value (usd per share)	$0.01	$0.01
Preferred stock, par value (usd per share)	$0.01	$0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, issued	'	0
Preferred stock, outstanding	0	0
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	6,962,742	7,402,664
Common stock, shares outstanding	6,962,742	7,402,664

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'
Revenues	$1,453,466	$1,496,025
Cost of sales	1,447,736	1,488,996
Gross profit	5,730	7,029
Selling, general and administrative expenses	-4,219	-3,648
Interest income	1,477	1,457
Interest expense	-1,063	-988
Unrealized gains (losses) on foreign exchange	-9	36
Net income before provision for income taxes	1,916	3,886
Provision for income taxes	-778	-1,520
Net income	$1,138	$2,366
Basic and diluted income per share:	'	'
Basic - net income (loss) (usd per share)	$0.16	$0.31
Diluted - net income (loss) (usd per share)	$0.16	$0.30
Weighted average shares outstanding	'	'
Basic (shares)	6,962,742	7,729,500
Diluted (shares)	7,065,700	7,875,250

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity Statement (USD $)	Total	Common Stock	Additional Paid-in Capital	Retained Earnings
In Thousands, except Share data, unless otherwise specified
Beginning balance at Jun. 30, 2014	$49,456	$70	$22,317	$27,069
Beginning balance, shares at Jun. 30, 2014	7,402,664	6,962,742	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Net income	1,138	'	'	'
Share-based compensation	62	'	62	'
Ending balance at Sep. 30, 2014	$50,656	$70	$22,379	$28,207
Ending balance, shares at Sep. 30, 2014	6,962,742	6,962,742	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Cash flows from operating activities:	'	'	'
Net Income	$1,138	$2,366	'
Adjustments to reconcile net income to net cash (used in) provided by operating activities:	'	'	'
Depreciation and amortization	228	220	'
Interest added to principal of secured loans	-91	0	'
Provision for doubtful accounts	0	-72	0
Share-based compensation	62	37	'
Changes in assets and liabilities:	'	'	'
Receivables	-38,758	46,937	'
Inventories	16,314	-12,988	'
Prepaid expenses and other current assets	-115	-242	'
Accounts payable	27,496	-37,879	'
Liabilities on borrowed metals	3,289	-6,809	'
Accrued liabilities	-2,135	-1,245	'
Receivable from/ payables to Former Parent	0	-1,329	'
Income taxes payables	-1,794	0	'
Net cash provided by (used in) operating activities	5,634	-11,004	'
Cash flows from investing activities:	'	'	'
Capital expenditures for property and equipment	-53	-196	'
Purchase of cost method investment	-1,111	0	'
Secured loans acquired	-3,669	-350	'
Principal collections on secured loans acquired	1,860	0	'
Net cash used in investing activities	-2,973	-546	'
Cash flows from financing activities:	'	'	'
Product financing arrangement, net	-3,997	6,902	'
Dividends paid to Former Parent	0	-5,000	'
Borrowings (repayments) under lines of credit, net	-7,200	4,700	'
Net cash (used in) provided by financing activities	-11,197	6,602	'
Net decrease in cash and cash equivalents	-8,536	-4,948	'
Cash and cash equivalents, beginning of period	13,193	21,565	21,565
Cash and cash equivalents, end of period	4,657	16,617	13,193
Cash paid during the period for:	'	'	'
Interest expense	1,003	774	'
Income taxes	2,572	2,800	'
Non-cash investing and financing activities:	'	'	'
Interest added to principal of secured loans	91	0	'
Secured loans received in satisfaction of customer receivable	$0	$12,800	'

Description_of_Business

Description of Business	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Description of Business	'
	DESCRIPTION OF BUSINESS
	A-Mark Precious Metals, Inc. and its subsidiaries (“A-Mark”, or the “Company”) is a full-service precious metals trading company. Its products include gold, silver, platinum and palladium for storage and delivery primarily in the form of coins, bars, wafers and grain. The Company's trading-related services include financing, consignment, logistics, hedging and various customized financial programs.
	Through its wholly owned subsidiary, Collateral Finance Corporation (“CFC”), a licensed California Finance Lender, the Company offers loans on precious metals, rare coins and other collectibles collateral to coin dealers, collectors and investors, most of whom are active customers of A-Mark. Through its wholly owned subsidiary, A-Mark Trading AG (“AMTAG”), the Company promotes A-Mark bullion products throughout the European continent. Transcontinental Depository Services (“TDS”), also a wholly owned subsidiary of the Company, offers worldwide storage solutions to institutions, dealers and consumers.
	Spinoff from Spectrum Group International, Inc.
	The Company filed a registration statement on Form S-1 in connection with the distribution (the “Distribution”) by Spectrum Group International, Inc. (“SGI” or the "Former Parent") to its stockholders of all the outstanding shares of common stock of the Company, par value $0.01 per share. The registration statement was declared effective by the Securities and Exchange Commission (“SEC”) on February 11, 2014. On March 11, 2014, the Company filed a Form 8-A with the SEC to register its shares of common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended. The Distribution, which effected a spinoff of the Company from SGI, was made on March 14, 2014 to SGI stockholders of record on February 12, 2014. On the Distribution date, stockholders of SGI received one share of A-Mark common stock for each four shares of SGI common stock held.
	As a result of the Distribution, the Company became a publicly traded company independent from SGI. On March 17, 2014, A-Mark’s shares of common stock commenced trading on the NASDAQ Global Select Market under the symbol "AMRK." An aggregate of 7,402,664 shares of A-Mark common stock were distributed in the Distribution. All share and per share information has been retrospectively adjusted to give effect to the Distribution, determined based on the Former Parent's common shares outstanding for the periods presented prior to the Distribution multiplied by distribution ratio of one share of the Company's common stock for every four shares of the Former Parent's common stock, and determined based on A-Mark's common shares outstanding after the Distribution.
	Subsequent to the Distribution, SGI informed the Company that an aggregate of 71,922 shares of A-Mark's common stock should not have been distributed because the SGI shares with respect to which those shares were distributed had been incorrectly classified as outstanding. Accordingly, effective as of March 14, 2014, those 71,922 shares were canceled and returned to the status of authorized but unissued stock.
	In connection with the spinoff, the Company entered into various agreements with SGI, each effective as of March 14, 2014. These agreements are described below.
	Distribution Agreement
	The Distribution Agreement (the "Distribution Agreement") set forth the principal actions to be taken in connection with the Distribution and also governs our ongoing relationship with SGI following the Distribution.
	•	A-Mark-SGI Arrangements. All agreements, arrangements, commitments and understandings, including most intercompany accounts payable or accounts receivable, between us and our subsidiaries and other affiliates, on the one hand, and SGI and its other subsidiaries and other affiliates, on the other hand, terminated effective as of the Distribution, except certain agreements and arrangements that we and SGI expressly provided will survive the Distribution.
	•	The Distribution; Conditions. The Distribution Agreement governed the rights and obligations of the parties regarding the proposed Distribution and set forth the conditions that must be satisfied or waived by SGI in its sole discretion.
	•	Exchange of Information. The Company and SGI have agreed to provide each other with access to information in the other party's possession or control owned by such party and created prior to the Distribution date, or as may be reasonably necessary to comply with reporting, disclosure, filing or other requirements of any national securities exchange or governmental authority, for use in judicial, regulatory, administrative and other proceedings and to satisfy audit, accounting, litigation and other similar requests. The Company and SGI have also agreed to retain such information in accordance with our respective record retention policies as in effect on the date of the Distribution Agreement, but in no event for fewer than seven years from the Distribution date. Until the end of the first full fiscal year following the Distribution, each party has also agreed to use its reasonable best efforts to assist the other with respect to its financial reporting and audit obligations.
	•	Release of Claims. The Company and SGI agreed to broad releases pursuant to which we released the other and its affiliates, successors and assigns and their respective shareholders, directors, officers, agents and employees from any claims against any of them that arise out of or relate to events, circumstances or actions occurring or failing to occur or any conditions existing at or prior to the time of the Distribution. These releases are subject to certain exceptions set forth in the Distribution Agreement.
	•	Indemnification. The Company and SGI agreed to indemnify each other and each other’s current and former directors, officers and employees, and each of the heirs, executors, successors and assigns of any of the foregoing against certain liabilities in connection with the Distribution and each other’s respective businesses.
	Tax Separation Agreement
	The tax separation agreement (the "Tax Separation Agreement") with SGI governs the respective rights, responsibilities and obligations of SGI and us with respect to, among other things, liabilities for U.S. federal, state, local and other taxes. In addition to the allocation of tax liabilities, the Tax Separation Agreement addresses the preparation and filing of tax returns for such taxes and disputes with taxing authorities regarding such taxes. Under the terms of the Tax Separation Agreement, SGI has the responsibility to prepare and file tax returns for tax periods ending prior to the Distribution date and for tax periods which include the Distribution date but end after the Distribution date, which will include A-Mark and its subsidiaries.
	These tax returns will be prepared on a basis consistent with past practices. A-Mark has agreed to cooperate in the preparation of these tax returns and have an opportunity to review and comment on these returns prior to filing. A-Mark will pay all taxes attributable to A-Mark and its subsidiaries, and be entitled to any refund with respect to taxes it has paid.
	Secondment Agreement
	Under the terms of the secondment agreement (the "Secondment Agreement"), A-Mark has agreed to make Gregory N. Roberts, our Chief Executive Officer, and Carol Meltzer, our Executive Vice President, General Counsel and Secretary, available to SGI for the performance of specified management and professional services following the spinoff in exchange for an annual secondment fee of $150,000 (payable monthly) and reimbursement of certain bonus payments.
	Neither Mr. Roberts nor Ms. Meltzer will devote more than 20% of their professional working time on a monthly basis to SGI and in no event will the performance of services for SGI interfere with the performance of the duties and responsibilities of Mr. Roberts and Ms. Meltzer to A-Mark. In addition, to the services to be provided under the Secondment Agreement, both Mr. Roberts and Ms. Meltzer are expected to serve as officers and directors of SGI following the spinoff. The Secondment Agreement will terminate on June 30, 2016 and is subject to earlier termination under certain circumstances. Under the Secondment Agreement, SGI will be obligated to reimburse A-Mark for the portion of the performance bonus payable under Mr. Roberts’ employment agreement with A-Mark (to be effective at the time of the spinoff) attributable to pre-tax profits of SGI.
	Equity Awards
	Holders of share-based awards denominated in and settleable by delivery of shares of Former Parent's common stock received share-based awards denominated in and settleable by delivery of shares of the Company's common stock based on the exchange ratio of one to 4.17, for which the ratio was based on the three-day-average closing stock price of SGI prior to the Distribution compared to the three-day-average closing stock price of A-Mark after the Distribution. This formula, which was selected because it measured the aggregate intrinsic value of each Former Parent equity award immediately before the spinoff (by reference to Former Parent's share prices), and provided for the grant of a replacement A-Mark equity award with substantially the same aggregate intrinsic value immediately after the spinoff (by reference to A-Mark share prices), was different from the ratio of one share of the Company's common stock for every four shares of the Former Parent's common stock used in the spinoff.
	As a result, the Company issued 130,646 restricted stock units, 8,990 stock appreciation rights ("SARs") and options to purchase 249,846 shares of common stock. The shares subject to A-Mark equity awards issued as a result of the adjustments described above were not drawn from A-Mark’s 2014 Stock Award and Incentive Plan; instead, such shares were issued and/or delivered based on A-Mark's assumption of the rights and obligations under the SGI equity compensation plans pursuant to which the pre-distribution SGI awards were granted and related SGI award agreements.
	Reclassifications
	Certain previously reported amounts have been reclassified to conform to the current fiscal year's condensed consolidated financial statement presentation.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation and Principles of Consolidation
	The condensed consolidated financial statements reflect the financial condition, results of operations, and cash flows of the Company, and were prepared using accounting principles generally accepted in the United States (“U.S. GAAP”). The Company operated in one segment for all periods presented.
	These condensed consolidated financial statements include the accounts of A-Mark, and its wholly owned subsidiaries, CFC, AMTAG and TDS (collectively the “Company”). All significant inter-company accounts and transactions have been eliminated in consolidation. The condensed consolidated statements of income include all revenues and costs attributable to the Company's operations, including costs for certain functions and services performed by SGI and directly charged or allocated based on usage or other systematic methods. The allocations and estimates are not necessarily indicative of the costs and expenses that would have resulted if the Company's operations had been operated as a separate stand-alone entity. Allocations for inter-company shared service expense are made on a reasonable basis to approximate market costs for such services; these allocations are only applicable for periods prior to the spinoff. Management believes the allocation methods are reasonable.
	Unaudited Interim Financial Information
	The accompanying interim condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. These interim condensed consolidated financial statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to present fairly the condensed consolidated balance sheets, condensed consolidated statements of income, condensed consolidated statements of stockholders’ equity, and condensed consolidated statements of cash flows for the periods presented in accordance with U.S. GAAP. Operating results for the three months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending June 30, 2015 or for any other interim period during such fiscal year. Certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with U.S. GAAP have been omitted in accordance with the rules and regulations of the SEC. These interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto contained in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2014 (the “2014 Annual Report”), as filed with the SEC. Amounts related to disclosure of June 30, 2014 balances within these interim condensed consolidated financial statements were derived from the aforementioned audited consolidated financial statements and notes thereto included in the 2014 Annual Report.
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. These estimates include, among others, determination of fair value, and allowances for doubtful accounts, impairment assessments of long-lived assets and intangible assets, valuation reserve determinations on deferred tax assets, and revenue recognition judgments. Significant estimates also include the Company's fair value determinations with respect to its financial instruments and precious metals materials. Actual results could materially differ from these estimates.
	Concentration of Credit Risk
	Cash is maintained at financial institutions and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances.
	Assets that potentially subject the Company to concentrations of credit risk consist principally of receivables, loans of inventory to customers, and inventory hedging transactions. Concentration of credit risk with respect to receivables is limited due to the large number of customers composing the Company's customer base, the geographic dispersion of the customers, and the collateralization of substantially all receivable balances. Based on an assessment of credit risk, the Company typically grants collateralized credit to its customers. The Company enters into inventory hedging transactions, principally utilizing metals commodity futures contracts traded on national futures exchanges or forward contracts with credit worthy financial institutions. All of our commodity derivative contracts are under master netting arrangements and include both asset and liability positions. Substantially all of these transactions are secured by the underlying metals positions.
	Foreign Currency
	The functional currency of the Company is the United States dollar ("USD"). The Company's wholly-owned foreign subsidiary, AMTAG, maintains its books of record in Euros. The Company remeasures the financial statements of AMTAG into USD. The remeasurement of local currency amounts into USD creates remeasurement gains and losses are included in the condensed consolidated statements of income.
	To manage the effect of foreign currency exchange fluctuations, the Company utilized foreign currency forward contracts. These derivatives generate gains and losses when they are settled and/or when they are marked to market. The change in the value in the derivative instruments is shown on the face of the condensed consolidated statements of income as unrealized net gains (losses) on foreign exchange.
	Cash Equivalents
	The Company considers all highly liquid investments with original maturities of three months or less, when purchased, to be cash equivalents.
	Concentration of Suppliers
	A-Mark buys precious metals from a variety of sources, including through brokers and dealers, from sovereign and private mints, from refiners and directly from customers. The Company believes that no one or small group of suppliers is critical to its business, since other sources of supply are available that provide similar products on comparable terms.
	Concentration of Customers
	Customers providing 10 percent or more of the Company's revenues for the three months ended September 30, 2014 and 2013 are listed below:
	in thousands
			Three Months Ended
			September 30, 2014							September 30, 2013
			Amount				Percent			Amount			Percent
	Total revenue		$	1,453,466			100	%		$	1,496,025		100	%
	Customer concentrations
	HSBC Bank USA		$	534,538			36.8	%		$	312,545		20.9	%
	US Mint		109,223				7.5			168,680			11.3
	Total		$	643,761			44.3	%		$	481,225		32.2	%
	Customers providing 10 percent or more of the Company's accounts receivable, excluding $38.6 million and $41.3 million of secured loans and derivative assets of $46.2 million and $22.2 million, as of September 30, 2014 and June 30, 2014, respectively, are listed below:
	in thousands
			September 30, 2014							June 30, 2014
			Amount				Percent			Amount			Percent
	Total accounts receivable, net (excluding secured loans and derivative assets)		$	58,676			100	%		$	39,409		100	%
	Customer concentrations
	United States Mint		$	38,127			65	%		$	—		—	%
	Veris Gold		7,103				12.1			—			—
	Total		$	45,230			77.1	%		$	—		—	%
	Customers providing 10 percent or more of the Company's secured loans as of September 30, 2014 and June 30, 2014, respectively, are listed below:
	in thousands
			30-Sep-14							June 30, 2014
			Amount				Percent			Amount			Percent
	Total secured loans		$	38,627			100	%		$	41,261		100	%
	Customer concentrations
	Customer A		$	5,640			14.6	%		$	3,771		9.1	%
	Customer B		4,200				10.9			4,200			10.2
	Customer C		4,075				10.5			4,103			10
	Total		$	13,915			36	%		$	12,074		29.3	%
	The loss of any of the above customers could have a material adverse effect on the operations of the Company.
	Inventories
	Inventories principally include bullion and bullion coins and are acquired and initially recorded at fair market value. The fair market value of the bullion and bullion coins is comprised of two components: (1) published market values attributable to the costs of the raw precious metal, and (2) a published premium paid at acquisition of the metal. The premium is attributable to the additional value of the product in its finished goods form and the market value attributable solely to the premium may be readily determined, as it is published by multiple reputable sources.
	The Company’s inventories, except for certain lower of cost or market basis products (as discussed below), are subsequently recorded at their fair market values, that is, "marked-to-market". The daily changes in the fair market value of our inventory are offset by daily changes in the fair market value of hedging derivatives that are taken with respect to our inventory positions; both the change in the fair market value of the inventory and the change in the fair market value of these derivative instruments are recorded in cost of sales in the condensed consolidated statements of income.
	While the premium component included in inventories is marked-to-market, our commemorative coin inventory, including its premium component, is held at the lower of cost or market, because the value of commemorative coins is more influenced by supply and demand determinants than on the underlying spot price of the precious metal content of the commemorative coins. Unlike our bullion coins, the value of commemorative coins is not subject to the same level of volatility as bullion coins because our commemorative coins typically carry a substantially higher premium over the spot metal price than bullion coins. As of September 30, 2014 and June 30, 2014 the premium component included in inventory was $2.8 million and $3.3 million, respectively. Our commemorative coin inventory totaled $0.8 million and $2.6 million as of September 30, 2014 and June 30, 2014, respectively. (See Note 4). Neither the commemorative coin inventory nor the premium component of our inventory is hedged.
	Inventories include amounts borrowed from suppliers under arrangements to purchase precious metals on an unallocated basis. Unallocated or pool metal represents an unsegregated inventory position that is due on demand, in a specified physical form, based on the total ounces of metal held in the position. Amounts under these arrangements require delivery either in the form of precious metals or cash. Corresponding obligations related to liabilities on borrowed metals are reflected on the condensed consolidated balance sheets and totaled $12.0 million and $8.7 million, respectively as of September 30, 2014 and June 30, 2014. The Company mitigates market risk of its physical inventories through commodity hedge transactions. The Company also protects substantially all of its physical inventories from market risk through commodity hedge transactions (see Note 11).
	The Company periodically loans metals to customers on a short-term consignment basis, charging interest fees based on the value of the metals loaned. Inventories loaned under consignment arrangements to customers as of September 30, 2014 and June 30, 2014 totaled $4.3 million and $11.1 million. Such inventories are removed at the time the customers elect to price and purchase the metals, and the Company records a corresponding sale and receivable. Substantially, all inventories loaned under consignment arrangements are collateralized for the benefit of the Company.
	Inventory includes amounts for obligations under product financing agreement. The Company enters into an agreement for the sale of gold and silver at a fixed price to a third party. This inventory is restricted and the Company is allowed to repurchase the inventory at an agreed-upon price based on the spot price on the repurchase date. The third party charges a monthly fee as percentage of the market value of the outstanding obligation; such monthly charge is classified in interest expense in the condensed consolidated statements of income. These transactions do not qualify as sales and therefore have been accounted for as financing arrangements and reflected in the condensed consolidated balance sheet within product financing arrangement. The obligation is stated at the amount required to repurchase the outstanding inventory. Both the product financing and the underlying inventory (which is entirely restricted) are carried at fair value, with changes in fair value included as component of cost of precious metals sold. Such obligation totaled $20.6 million and $24.6 million as of September 30, 2014 and June 30, 2014, respectively.
	The Company enters into arrangements with certain customers under which A-Mark purchases precious metals products that are subject to repurchase by the customer at the fair value of the of the product on the repurchase date. The Company or the counterparty may terminate any such arrangement with 14 days notice.  Upon termination the customer’s rights to repurchase any remaining inventory is forfeited. As of September 30, 2014 and June 30, 2014, included within inventory is $26.1 million and $24.6 million, respectively, of precious metals products subject to repurchase.
	Property and Equipment and Depreciation
	Property and equipment is stated at cost less accumulated depreciation. Depreciation is calculated using a straight line method based on the estimated useful lives of the related assets, ranging from three years to five years.
	Goodwill and Purchased Intangible Assets
	Goodwill is recorded when the purchase price paid for an acquisition exceeds the estimated fair value of the net identified tangible and intangible assets acquired.
	Goodwill and other indefinite life intangibles are evaluated for impairment annually in the fourth quarter of the fiscal year (or more frequently if indicators of potential impairment exist) in accordance with the Intangibles - Goodwill and Other Topic 350 of the ASC. Other purchased intangible assets continue to be amortized over their useful lives and are evaluated for impairment when events or changes in business circumstances indicate that the carrying amount of the assets may not be recoverable. The Company may first qualitatively assess whether relevant events and circumstances make it more likely than not that the fair value of the reporting unit's goodwill is less than its carrying value. If, based on this qualitative assessment, management determines that goodwill is more likely than not to be impaired, the two-step impairment test is performed. This first step in this test includes comparing the fair value of each reporting unit to its carrying value, including goodwill. If the carrying amount of a reporting unit exceeds its fair value, the second step in the test is performed, which is measurement of the impairment loss. The impairment loss is calculated by comparing the implied fair value of goodwill, as if the reporting unit has been acquired in a business combination, to its carrying amount. As of September 30, 2014 and June 30, 2014, the Company had no impairments.
	If the Company determines it will quantitatively assess impairment, the Company utilizes the discounted cash flow method to determine the fair value of each of its reporting units. In calculating the implied fair value of the reporting unit's goodwill, the present value of the reporting unit's expected future cash flows is allocated to all of the other assets and liabilities of that unit based on their fair values. The excess of the present value of the reporting unit's expected future cash flows over the amount assigned to its other assets and liabilities is the implied fair value of goodwill. In calculating the implied value of the Company's trade names, the Company uses the present value of the relief from royalty method.
Amortizable intangible assets are being amortized on a straight-line basis which approximates economic use, over periods ranging from four years to fifteen years. The Company considers the useful life of the trademarks to be indefinite. The Company tests the value of the trademarks and trade name annually for impairment.
Long-Lived Assets
Long-lived assets, other than goodwill and purchased intangible assets with indefinite lives are evaluated for impairment when events or changes in business circumstances indicate that the carrying amount of the assets may not be recoverable. In evaluating impairment, the carrying value of the asset is compared to the undiscounted estimated future cash flows expected to result from the use of the asset and its eventual disposition. An impairment loss is recognized when estimated future cash flows are less than the carrying amount. Estimates of future cash flows may be internally developed or based on independent appraisals and significant judgment is applied to make the estimates. Changes in the Company's strategy, assumptions and/or market conditions could significantly impact these judgments and require adjustments to recorded amounts of long-lived assets. As of September 30, 2014 and June 30, 2014, management concluded that an impairment write-down was not required.
Investments
Investments into ownership interest in noncontrolled entities that do not have readily determinable fair values (i.e., non-marketable equity securities) under Cost Method Investments Topic 325-20 of the ASC ("ASC 325-20") are initially recorded at cost. Income is recorded for dividends received that are distributed from net accumulated earnings of the noncontrolled entity subsequent to the date of investment. Dividends received in excess of earnings subsequent to the date of investment are considered a return of investment and are recorded as reductions in the cost of the investment. Investments are written down only when there is clear evidence that a decline in value that is other than temporary has occurred. The Company assesses all cost-method investments for impairment quarterly. Below is a summary of the Company's cost-method investments.
On February 18, 2014, the Company purchased 2.5% of issued and outstanding Class A common stock of a nonpublic, online retailer of generic gold and silver coins and bullion (and a customer of the Company) for $0.5 million. On September 19, 2014, the Company entered into an agreement with a separate customer (also a nonpublic, online retailer of generic gold and silver coins and bullion) to purchase up to 9% of its issued and outstanding common stock, on a fully diluted basis, in two tranches, for an aggregate purchase price of $2.0 million. The closing of the first tranche of the second transaction, for 5% of the retailer's issued and outstanding common stock at a purchase price equal to $1.1 million, took place on September 19, 2014. The closing of the second tranche of the second transaction, for 4% of the retailer's issued and outstanding common stock at a purchase price equal to $0.9 million, will take place on prior to February 15, 2015; provided that A-Mark’s obligation to close the second tranche is subject to various conditions relating to minimum sales and gross profit during the preceding six months.
In connection with both transactions, the Company entered into exclusive supplier agreements, pursuant to which the retailers will purchase all bullion products required for their respective businesses exclusively from A-Mark for a period of 5.0 years and 3.0 years, respectively (subject to renewal and earlier termination under certain circumstances). In the case of the second transaction, A-Mark (i) will continue to provide fulfillment services to the retailer under the terms of a previously existing fulfillment agreement, and (ii) has the right to appoint a board member to the board of directors of the retailer.
As of September 30, 2014, the aggregate carrying amount of the Company’s cost-method investments was $1.6 million. There were no identifiable events or changes in circumstances that may have had a significant adverse effect on the fair value. As a result, no impairment loss was recorded, nor were any dividends received during the three months ended September 30, 2014. For the three months ended September 30, 2014 the Company had aggregate sales of $87.9 million and aggregate purchases of $65.5 million, respectively, with these entities. For the three months ended September 30, 2013 the Company had aggregate sales of $36.3 million and aggregate purchases of $14.5 million, respectively, with these entities. As of September 30, 2014, the aggregate balance of payables due to and the aggregate balance of receivables due from these entities totaled $12.4 million and $11.0 million, respectively. As of June 30, 2014, the aggregate balance of payables due to and the aggregate balance of receivables due from these entities totaled $3.5 million and $2.6 million, respectively.
Fair Value Measurement
The Fair Value Measurements and Disclosures Topic 820 of the ASC ("ASC 820"), creates a single definition of fair value for financial reporting. The rules associated with ASC 820 state that valuation techniques consistent with the market approach, income approach and/or cost approach should be used to estimate fair value. Selection of a valuation technique, or multiple valuation techniques, depends on the nature of the asset or liability being valued, as well as the availability of data.
Fair Value of Financial Instruments
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments as of September 30, 2014 and June 30, 2014.
in thousands
		September 30, 2014								June 30, 2014
		Carrying Amount				Fair value				Carrying Amount			Fair value
Financial assets:
Cash		$	4,657			$	4,657			$	13,193		$	13,193
Receivables, advances receivables and secured loans		97,273				97,273				80,640			80,640
Derivative assets - open sale and purchase commitments, net, included in receivable		2,628				2,628				22,170			22,170
Derivative assets - futures contracts included in receivable		27,071				27,071				—			—
Derivative assets - forward contracts included in receivable		16,510				16,510				14			14
Income taxes receivable from Former Parent		3,139				3,139				3,139			3,139
Financial liabilities:
Lines of credit		$	128,000			$	128,000			$	135,200		$	135,200
Liability for borrowed metals		11,998				11,998				8,709			8,709
Product financing obligation		20,613				20,613				24,610			24,610
Derivative liabilities - open sale and purchase commitments, net, included in payables		49,139				49,139				848			848
Derivative liabilities - futures contracts included in payables		—				—				8,078			8,078
Derivative liabilities - forward contracts included in payables		—				—				14,873			14,873
Accounts payable, margin accounts, advances and other payables		55,783				55,783				53,627			53,627
Accrued liabilities		3,935				3,935				6,070			6,070
The fair values of the financial instruments shown in the above table as of September 30, 2014 and June 30, 2014 represent the amounts that would be received to sell those assets or that would be paid to transfer those liabilities in an orderly transaction between market participants at that date. Those fair value measurements maximize the use of observable inputs. However, in situations where there is little, if any, market activity for the asset or liability at the measurement date, the fair value measurement reflects the Company’s own judgments about the assumptions that market participants would use in pricing the asset or liability. Those judgments are developed by the Company based on the best information available in the circumstances, including expected cash flows and appropriately risk‑adjusted discount rates, available observable and unobservable inputs.
The carrying amounts of cash and cash equivalents, receivables and secured loans, accounts receivable and consignor advances, and accounts payable approximated fair value due to their short-term nature. The carrying amounts of lines of credit approximate fair value based on the borrowing rates currently available to the Company for bank loans with similar terms and average maturities.
Valuation Hierarchy
Topic 820 of the ASC established a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:
•	Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
•	Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
•	Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement.
The significant assumptions used determine the carrying fair value and related fair value of the financial instruments are described below:
Inventory. Inventories principally include bullion and bullion coins and are acquired and initially recorded at fair market value. The fair market value of the bullion and bullion coins is comprised of two components: 1) published market values attributable to the costs of the raw precious metal, and 2) a published premium paid at acquisition of the metal. The premium is attributable to the additional value of the product in its finished goods form and the market value attributable solely to the premium may be readily determined, as it is published by multiple reputable sources. Except for commemorative coin inventory, which are included in inventory at the lower of cost or market, the Company’s inventories are subsequently recorded at their fair market values on a daily basis. The fair value for commodities inventory (i.e., inventory excluding commemorative coins) is determined using pricing and data derived from the markets on which the underlying commodities are traded. Precious metals commodities inventory are classified in Level 1 of the valuation hierarchy.
Derivatives. Futures contracts, forward contracts and open sale and purchase commitments are valued at their intrinsic values, based on the difference between the quoted market price and the contractual price, and are included within Level 1 of the valuation hierarchy.
Margin and Borrowed Metals Liabilities. Margin and borrowed metals liabilities consist of the Company's commodity obligations to margin customers and suppliers, respectively. Margin liabilities and borrowed metals liabilities are carried at fair value, which is determined using quoted market pricing and data derived from the markets on which the underlying commodities are traded. Margin and borrowed metals liabilities are classified in Level 1 of the valuation hierarchy.
Product Financing Obligations. Product financing obligations consist of financing agreements for the transfer and subsequent re-acquisition of the sale of gold and silver at a fixed price to a third party. Such transactions allow the Company to repurchase this inventory at an agreed-upon price based on the spot price on the repurchase date. The third party charges monthly interest as a percentage of the market value of the outstanding obligation, which is carried at fair value. The obligation is stated at the amount required to repurchase the outstanding inventory. Fair value is determined using quoted market pricing and data derived from the markets on which the underlying commodities are traded. Product financing obligations are classified in Level 1 of the valuation hierarchy.
The following tables present information about the Company's assets and liabilities measured at fair value on a recurring basis as of September 30, 2014 and June 30, 2014 aggregated by the level in the fair value hierarchy within which the measurements fall:
		September 30, 2014
		Quoted Price in
		Active Markets				Significant Other				Significant
		for Identical				Observable				Unobservable
		Instruments				Inputs				Inputs
in thousands		(Level 1)				(Level 2)				(Level 3)			Total Balance
Assets:
Inventory (1)		$	158,424			$	—			$	—		$	158,424
Derivative assets — open sale and purchase commitments, net		2,628				—				—			2,628
Derivative assets — futures contracts		27,071				—				—			27,071
Derivative assets — forward contracts		16,510				—				—			16,510
Total assets valued at fair value		$	204,633			$	—			$	—		$	204,633
Liabilities:
Liability on borrowed metals		$	11,998			$	—			$	—		$	11,998
Product financing arrangement		20,613				—				—			20,613
Liability on margin accounts		5,333				—				—			5,333
Derivative liabilities — open sales and purchase commitments, net		49,139				—				—			49,139
Total liabilities, valued at fair value		$	87,083			$	—			$	—		$	87,083
____________________
(1) Commemorative coin inventory totaling $0.8 million is held at lower of cost or market and is thus excluded from this table.
		June 30, 2014
		Quoted Price in
		Active Markets				Significant Other				Significant
		for Identical				Observable				Unobservable
		Instruments				Inputs				Inputs
in thousands		(Level 1)				(Level 2)				(Level 3)			Total Balance
Assets:
Inventory		$	172,990			$	—			$	—		$	172,990
Derivative assets — open sale and purchase commitments, net		22,170				—				—			—
Derivative assets — forward contracts		14				—				—			14
Total assets, valued at fair value		$	195,174			$	—			$	—		$	195,174
Liabilities:
Liability on borrowed metals		$	8,709			$	—			$	—		$	8,709
Product financing arrangement		24,610				—				—			24,610
Liability on margin accounts		8,983				—				—			8,983
Derivative liabilities — open sale and purchase commitments, net		848				—				—			848
Derivative liabilities — futures contracts		8,078				—				—			8,078
Derivative liabilities — forward contracts		14,873				—				—			14,873
Total liabilities valued at fair value		$	66,101			$	—			$	—		$	66,101
____________________
(1) Commemorative coin inventory totaling $2.6 million is held at lower of cost or market and is thus excluded from this table.
There were no transfers in or out of Level 2 or 3 during the three months ended September 30, 2014.
Assets Measured at Fair Value on a Non-Recurring Basis
Company's goodwill and other intangible assets are measured at fair value on a non-recurring basis. These assets are measured at cost but are written down to fair value if they are impaired. As of September 30, 2014, there were no indications present that the Company's goodwill or other purchased intangibles were impaired, and therefore were not measured at fair value. There were no gains or losses recognized in earnings associated with the above purchased intangibles during the three months ended September 30, 2014.
The Company's investments in ownership interests in noncontrolled entities do not have readily determinable fair values and were initially recorded at cost, $1.6 million, in aggregate. Quoted prices of the investments are not available, and the cost of obtaining an independent valuation appears excessive considering the materiality of the instruments to the Company. There were no gains or losses recognized in earnings associated with the Company's ownership interests in noncontrolled entities during the three months ended September 30, 2014.
Revenue Recognition
Revenues are recognized when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, no obligations remain and collection is probable. The Company records sales of precious metals, which occurs upon receipt by the customer. The Company records revenues from its metal assaying and melting services after the related services are completed and the effects of forward sales contracts are reflected in revenue at the date the related precious metals are delivered or the contracts expire. The Company records revenues from its storage and logistics services after the related services are completed.
The Company accounts for its metals and sales contracts using settlement date accounting. Pursuant to such accounting, the Company recognizes the sale or purchase of the metals at settlement date. During the period between trade and settlement date, the Company has essentially entered into a forward contract that meets the definition of a derivative in accordance with the Derivatives and Hedging Topic 815 of the ASC. The Company records the derivative at the trade date with a corresponding unrealized gain (loss), which is reflected in the cost of sales in the condensed consolidated statements of income. The Company adjusts the derivatives to fair value on a daily basis until the transaction is physically settled. Sales which are physically settled are recognized at the gross amount in the condensed consolidated statements of income.
Interest Income
The Company uses the effective interest method to recognize interest expense on its secured loans and secured financing transactions. For these arrangements, the Company maintains a security interest in the precious metals and records interest income over the terms of the receivable. Recognition of interest income is suspended and the loan is placed on non-accrual status when management determines that collection of future interest income is not probable. The interest income accrual is resumed, and previously suspended interest income is recognized, when the loan becomes contractually current and/or collection doubts are removed. Cash receipts on impaired loans are recorded first against the receivable and then to any unrecognized interest income (see Note 3).
Interest Expense
The Company incurs interest expense and related fees as a result of usage under its lines of credit, product financing arrangements and liability on borrowed metals.
The Company incurs interest expense based on usage under its Trading Credit Facility recording interest expense using the effective interest method.
The Company incurs financing fees (classified as interest expense) as a result of its product financing arrangements for the transfer and subsequent re-acquisition of gold and silver at a fixed price to a third party finance company. During the term of this type of financing agreement, a third party finance company holds the Company's inventory as collateral, with the intent to return the inventory to the Company at an agreed-upon price based on the spot price on the finance arrangement termination date, pursuant to the guidance in ASC 470-40 Product Financing Arrangements. The third party charges a monthly fee as percentage of the market value of the outstanding obligation. In addition, the Company incurs a financing fee related to custodial storage facility charges related to the transferred collateral inventory; this collateral is classified as restricted inventory on our condensed consolidated balance sheets.
Additionally, the Company incurs interest expense when we borrow precious metals from our suppliers under short-term arrangements, which bear interest at a designated rate. Amounts under these arrangements are due at maturity and require repayment either in the form of precious metals or cash. This liability is reflected in the condensed consolidated balance sheet as liability on borrowed metals.
Derivative Instruments
The Company’s inventory consists of precious metals products, and for which Company regularly enters into commitment transactions to purchase and sell its precious metal products. The value of our inventory and these commitments is intimately linked to the prevailing price of the underlying precious metal commodity. The Company seeks to minimize the effect of price changes of the underlying commodity and enters into inventory hedging transactions, principally utilizing metals commodity futures contracts traded on national futures exchanges or forward contracts with only major credit worthy financial institutions. All of our commodity derivative contracts are under master netting arrangements and include both asset and liability positions. Substantially all of these transactions are secured by the underlying metals positions. Notional balances of the Company's derivative instruments, consisting of contractual metal quantities, are expressed at current spot prices of the underlying precious metal commodity (see in Note 11).
Commodity futures and forward contract transactions are recorded at fair value on the trade date. The difference between the original contract value and the market value of the open futures and forward contracts are reflected in receivables or payables in the condensed consolidated balance sheet at fair value (see Note 3 and Note 7).
The Company records the change between market value and trade value of the underlying open commodity contracts as a derivative asset or liability, and it correspondingly records the related unrealized gains or losses. The change in unrealized gain (loss) on open commodity contracts from one period to the next is reflected in net gain (loss) on derivative instruments. These unrealized gains and losses are included as a component of cost of sales on the condensed consolidated statements of income. Gains or losses resulting from the termination of commodity contracts are reported as realized gains or losses on commodity contracts, which is recorded as a component of cost of sales on the condensed consolidated statement of income. Below, is a summary of the net gains (losses) on derivative instruments for the three months ended September 30, 2014 and 2013.
in thousands
		Three Months Ended
		September 30, 2014				September 30, 2013
Gain (loss) on derivative instruments:
Unrealized gain (loss) on open future commodity and forward contracts and open sale and purchase commitments, net		$	1,278			$	(15,886	)
Realized loss on future commodity contracts, net		(7,634		)		(1,703		)
Total		$	(6,356	)		$	(17,589	)
The Company enters into these derivative transactions solely for the purpose of hedging our inventory holding risk, and not for speculative market purposes. The Company’s gains (losses) on derivative instruments are substantially offset by the changes in the fair market value of the underlying precious metals inventory, which is also recorded in cost of sales in the condensed consolidated statements of income (see Note 11).
Advertising
Advertising costs are expensed as incurred. Advertising expense was $0.1 million and $0.1 million, respectively, for the three months ended September 30, 2014 and 2013, and are included in selling, general and administrative expenses in the condensed consolidated statements of income.
Shipping and Handling Costs
Shipping and handling costs represent costs associated with shipping product to customers, and receiving product from vendors. Shipping and handling costs incurred totaled $1.5 million and $1.7 million, respectively, for the three months ended September 30, 2014 and 2013, and are included in cost of sales in the condensed consolidated statements of income.
Share-Based Compensation
The Company accounts for equity awards under the provisions of the Compensation - Stock Compensation Topic 718 of the ASC ("ASC 718"), which establishes fair value-based accounting requirements for share-based compensation to employees. ASC 718 requires the Company to recognize the grant-date fair value of stock options and other equity-based compensation issued to employees as expense over the service period in the Company's condensed consolidated financial statements.
Certain key employees of the Company participated in Stock Incentive Plans of the Former Parent (“Former Plans”). The Former Plans permitted the grant of stock options and other equity awards to employees, officers and non-employee directors. Prior to the Distribution, the equity awards had been settled in shares of SGI stock and A-Mark did not reimburse SGI for the expense, therefore it was treated as a capital contribution to A-Mark. Following the Distribution, the Company settles share-based awards by the delivery of shares of the Company's common stock.
The equity awards assumed by A-Mark in connection of the spinoff contained substantially identical terms, conditions and vesting schedules as the previously outstanding. In accordance with the guidance in ASC 718, the assumption shares qualify as a modification of an equity compensation award. As such, the Company calculated the incremental fair value of the awards immediately prior to and after their modification and determined that there was no positive incremental equity compensation cost that was required to be expensed or amortized. Pertaining to the modified awards of A-Mark's employee and non-employees as of the Distribution date, the Company amortizes the unvested awards based on the fair value and vesting schedule based on the original grant date, as determined by SGI. Pertaining to the modified awards of SGI's employee and non-employees for which A-Mark assumed, the Company does not record compensation expense.
Prior to the Distribution, the Company’s Board of Directors ("Board") adopted and the Company's shareholders approved the 2014 Stock Award and Incentive Plan ("2014 Plan"). Under the 2014 Plan, the Company may grant options and other equity awards as a means of attracting and retaining officers, employees, non-employee directors and consultants, to provide incentives to such persons, and to align the interests of such persons with the interests of stockholders by providing compensation based on the value of the Company's stock. As of September 30, 2014, no equity awards were issued from the 2014 Plan (see Note 13).
Income Taxes
As part of the process of preparing its condensed consolidated financial statements, the Company is required to estimate its provision for income taxes in each of the tax jurisdictions in which it conducts business, in accordance with the Income Taxes Topic 740 of the ASC ("ASC 740"). The Company computes its annual tax rate based on the statutory tax rates and tax planning opportunities available to it in the various jurisdictions in which it earns income. Significant judgment is required in determining the Company's annual tax rate and in evaluating uncertainty in its tax positions. The Company recognizes a benefit for tax positions that it believes will more likely than not be sustained upon examination. The amount of benefit recognized is the largest amount of benefit that the Company believes has more than a 50% probability of being realized upon settlement. The Company regularly monitors its tax positions and adjusts the amount of recognized tax benefit based on its evaluation of information that has become available since the end of its last financial reporting period. The annual tax rate includes the impact of these changes in recognized tax benefits. When adjusting the amount of recognized tax benefits, the Company does not consider information that has become available after the balance sheet date, but does disclose the effects of new information whenever those effects would be material to the Company's condensed consolidated financial statements. The difference between the amount of benefit taken or expected to be taken in a tax return and the amount of benefit recognized for financial reporting represents unrecognized tax benefits. These unrecognized tax benefits are presented in the condensed consolidated balance sheet principally within accrued liabilities.
The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. Significant judgment is applied when assessing the need for valuation allowances. Areas of estimation include the Company's consideration of future taxable income and ongoing prudent and feasible tax planning strategies. Should a change in circumstances lead to a change in judgment about the utilization of deferred tax assets in future years, the Company would adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income. Changes in recognized tax benefits and changes in valuation allowances could be material to the Company's results of operations for any period, but is not expected to be material to the Company's condensed consolidated financial position.
The Company accounts for uncertainty in income taxes under the provisions of ASC 740. These provisions clarify the accounting for uncertainty in income taxes recognized in an enterprise's financial statements, and prescribe a recognition threshold and measurement criteria for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The provisions also provide guidance on de-recognition, classification, interest, and penalties, accounting in interim periods, disclosure, and transition. The potential interest and/or penalties associated with an uncertain tax position are recorded in provision for income taxes on the condensed consolidated statements of income. Please refer to Note 8 for further discussion regarding these provisions.
Income taxes are accounted for using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements.  Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion or all of the net deferred tax assets will not be realized. The factors used to assess the likelihood of realization include the Company's forecast of the reversal of temporary differences, future taxable income and available tax planning strategies that could be implemented to realize the net deferred tax assets. Failure to achieve forecasted taxable income in applicable tax jurisdictions could affect the ultimate realization of deferred tax assets and could result in an increase in the Company's effective tax rate on future earnings.
Based on our assessment it appears more likely than not that most of the net deferred tax assets will be realized through future taxable income. Management has established a valuation allowance against the deferred taxes related to certain state net operating loss carryovers. Management believes the utilization of these losses may be limited. We will continue to assess the need for a valuation allowance for our remaining deferred tax assets in the future.
The Company's condensed consolidated financial statements recognized the current and deferred income tax consequences that result from the Company's activities during the current and preceding periods, as if the Company were a separate taxpayer prior to the date of the Distribution rather than a member of the Former Parent's consolidated income tax return group. Current tax receivable reflects balances due from the Former Parent for the Company's share of the income tax assets of the group.
Following the Distribution, the Company files federal and state income tax filings that are separate from the SGI tax filings. The Company recognizes current and deferred income taxes as a separate taxpayer for periods ending after the date of Distribution.
Earnings per Share ("EPS")
The Company computes and reports both basic EPS and diluted EPS. Basic EPS is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net earnings by the sum of the weighted average number of common shares and dilutive common stock equivalents outstanding during the period. Diluted EPS reflects the total potential dilution that could occur from outstanding equity awards, including unexercised stock options, utilizing the treasury stock method.
To determine the weighted average number of common shares outstanding for the periods presented prior to the Distribution, the Former Parent's weighted average number of common shares outstanding was multiplied by distribution ratio of one share of the Company's common stock for every four shares of the Former Parent's common stock. Thereafter, the weighted average number of common shares outstanding was based on the Company's basic and fully diluted share figures.
A reconciliation of shares used in calculating basic and diluted earnings per common shares follows. There is no dilutive effect of SARs, as such, obligations are not settled and were out of the money for the three months ended September 30, 2014 and 2013.
in thousands
		Three Months Ended
		September 30, 2014			September 30, 2013
Basic weighted average shares outstanding (1)(2)		6,963			7,730
Effect of common stock equivalents — stock issuable under outstanding equity awards		103			145
Diluted weighted average shares outstanding (2)		7,066			7,875
_________________________________
-1		Basic weighted average shares outstanding include the effect of vested but unissued restricted stock grants.
-2		Basic and diluted income per share was based on historical SGI basic and fully diluted share figures through March 14, 2014, the distribution date. Amounts shown were retroactively adjusted to give effect for the share distribution in connection with the spinoff, on the basis of one share of A-Mark stock issued for every four shares of SGI stock held through the distribution date. Thereafter, basic and diluted income per share was based on the Company's basic and fully diluted share figures.
Recent Accounting Pronouncements
In June 2014, the FASB issued ASU No. 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchases Financings, and Disclosures, which requires that repurchase-to-maturity transactions be accounted for as secured borrowings consistent with the accounting for other repurchase agreements. In additions, the amendments require separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement. ASU 2014-11 is effective beginning annual periods beginning after December 15, 2014 and for interim periods beginning after March 15, 2015. We are currently evaluating the impact of our pending adoption of ASU 2014-11 on our consolidated financial statements.
In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP.
The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). We are currently evaluating the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard in 2017.

Receivables

Receivables	3 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Receivables	'
	RECEIVABLES
	Receivables and secured loans consist of the following as of September 30, 2014 and June 30, 2014:
	in thousands
			September 30, 2014			June 30, 2014
	Customer trade receivables		$	41,250		$	1,744
	Wholesale trade advances		15,292			4,586
	Due from brokers		2,134			33,079
	Subtotal		58,676			39,409
	Secured loans		38,627			41,261
	Subtotal		97,303			80,670
	Less: allowance for doubtful accounts		(30		)	(30		)
	Subtotal		97,273			80,640
	Derivative assets — open sale and purchase commitments, net		2,628			22,170
	Derivative assets — futures contracts		27,071			—
	Derivative assets — forward contracts		16,510			14
	Receivables, net		$	143,482		$	102,824
	Customer trade receivables represent short-term, non-interest bearing amounts due from precious metal sales and are secured by the related precious metals stored with the Company, a letter of credit issued on behalf of the customer, or other secured interests in assets of the customer.
	Wholesale trade advances represent advances of various bullion products and cash advances to customers. These advances are unsecured, short-term, non-interest bearing advances made to wholesale metals dealers and government mints.
	Due from brokers principally consists of the margin requirements held at brokers related to open futures contracts (see Note 11).
	Secured loans represent short term loans made to customers of CFC, or short term loans acquired by CFC, which include a combination of on-demand and short term facilities. These loans are fully secured by bullion, numismatic and semi-numismatic material which are held in safekeeping by CFC. As of September 30, 2014 and June 30, 2014, the loans carried weighted-average effective interest rates of 8.4% and 8.3%, respectively, and mature in periods generally ranging from on-demand to one year.
	Below is a summary of the significant secured loans that were modified, assumed or acquired and the financial effects of those agreements:
	•	On September 27, 2013, CFC, a subsidiary of the Company, assumed the rights from a borrower/customer to a portfolio of short-term loan receivables totaling $12.8 million for $0.35 million and the satisfaction of an existing outstanding loan, totaling $12.8 million, which was owed to CFC. This transaction resulted in the assignment of the borrower/customer's portfolio of loan receivables to CFC, which were collateralized by the underlying precious metal product of the customers of the borrower/customer. The loan premium is amortized ratably as the loan is paid off. The loans are due on demand with the option to extend maturities for 180 days. As of September 30, 2014, the aggregate carrying value of this loan portfolio was $4.3 million and the aggregate loan premium was $0.23 million, related to this transaction. As of June 30, 2014, the aggregate carrying value of this loan portfolio was $5.8 million and the aggregate loan premium was $0.1 million, related to this transaction.
	•	On June 5, 2014, CFC assumed the rights from the above-referenced customer to a portfolio of short-term loan receivables totaling $3.8 million for the aggregate principal amount of the loan portfolio. This transaction resulted in the assignment of the customer's portfolio of loan receivables to CFC, which are collateralized by each of the customer's borrowers' underlying precious metals. The customer has retained certain rights to repurchase these loans at a price equal to the then-outstanding principal balance, plus accrued and unpaid interest. Additionally, the customer retains the responsibility for the servicing and administration of the loans. As a result of the terms of this arrangement, the Company reflects this as a financing arrangement with this customer, secured by the transfer of the portfolio of short-term loan receivables, which is collateralized by precious metal products. As of September 30, 2014 and June 30, 2014, the aggregate carrying value of this loan portfolio was $2.7 million and $3.8 million, respectively.
	•	On June 18, 2014, CFC assumed the rights to a secured portfolio of short-term loan receivable totaling $2.6 million from Stack's-Bowers Numismatics, LLC ("Stack's Bower"), a wholly-owned subsidiary of our Former Parent. As a result of the terms of this arrangement, the Company reflects this as a financing arrangement with this related party, secured by the transfer of the portfolio of short-term loan receivables, collateralized by numismatic and semi numismatic products. As of September 30, 2014 and June 30, 2014, the aggregate carrying value of this loan was $0.0 million and $2.6 million, which bore interest of 5.5% per annum. This secured loan was paid off in full, plus accrued interest, on August 19, 2014.
	•	On July 1, 2014, CFC assumed the rights to a portfolio of short-term loan receivables totaling $3.7 million for the aggregate principal amount of the loan portfolio from the same customer from whom it had entered into similar arrangements on June 5, 2014. This transaction resulted in the assignment of the customer's portfolio of loan receivables to CFC, which are collateralized by each of the customer's borrowers' underlying precious metals. The customer has retained certain rights to repurchase these loans at a price equal to the then-outstanding principal balance, plus accrued and unpaid interest. Additionally, the customer retains the responsibility for the servicing and administration of the loans. As a result of the terms of this arrangement, the Company reflects this as a financing arrangement with this customer, secured by the transfer of the portfolio of short-term loan receivables, which is collateralized by precious metal products. As of September 30, 2014, the aggregate carrying value of this loan portfolio was $2.9 million.
	•	On October 9, 2014, CFC entered into a loan agreement and related documents with Stack’s Bower (a related party), providing for a secured line of credit in the maximum principal amount of up to $16.0 million, bearing interest at a competitive rate per annum, which is at an interest rate midst the rates CFC charges its non-related parties. Advances under the line of credit are secured by numismatic and semi-numismatic products (see Note 15).
	The secured loans that CFC generates with active customers of A-Mark or related parties of the Company are reflected as an operating activity on the condensed consolidated statements of cash flows within receivables or secured loans to Former Parent. The secured loans that are assumed by CFC from others, including from our customers, are reflected as an investing activity on the condensed consolidated statements of cash flows, shown as secured loans acquired.
	The Company's derivative assets and liabilities represent the net fair value of the difference between market values and trade values at the trade date for open precious metals sale and purchase contracts, as adjusted on a daily basis for changes in market values of the underlying metals, until settled (see Note 11). The Company's derivative assets represent the net fair value of open precious metals forwards and futures contracts. The precious metals forwards and futures contracts are settled at the contract settlement date.
	Credit Quality of Financing Receivables and Allowance for Credit Losses
	The Company applies a systematic methodology to determine the allowance for credit losses for finance receivables. The finance receivables portfolio is comprised solely of secured commercial loans with similar risk profiles. This similarity allows the Company to apply a standard methodology to determine the credit quality for each loan. The credit quality of each loan is generally determined by the secured material, the initial and ongoing collateral value determination and the assessment of loan to value determination. Typically, the Company's finance receivables within its portfolio have similar credit risk profiles and methods for assessing and monitoring credit risk.
	The Company evaluates its loan portfolio in one of two classes of finance receivables: those loans secured by bullion and those loans secured by numismatic items. Each of these two classes of receivables have the same initial measurement attribute and a similar method for assessing and monitoring credit risk.
	The Company's secured loans by portfolio class, which align with management reporting, are as follows:
	in thousands
			September 30, 2014						June 30, 2014
	Bullion		$	14,542		37.6	%		$	17,361			42.1	%
	Numismatic and semi numismatic		24,085			62.4			23,900				57.9
	Total secured loans		$	38,627		100	%		$	41,261			100	%
	The methodology of assessing the credit quality of the secured loans acquired by CFC is similar to the secured loans originated loans by CFC; they are administered using the same internal reporting system, collateralized by precious metals, and the same loan to value determination procedures are applied.
	Credit Quality of Loans and Non Performing Status
	Generally, interest is due and payable within 30 days. A loan is considered past due if interest is not paid in 30 days or collateral calls are not met timely. Typically, loans do not achieve the threshold of non performing status due to the fact that customers are generally put into default for any interest past due over 30 days and for unsatisfied collateral calls. When this occurs the loan collateral is typically liquidated within 90 days.
	For certain secured loans, interest is billed monthly and, if not paid, is added to the outstanding loan balance. These secured loans are considered past due if their current loan-to-value ratio fails to meet established minimum equity levels, and the borrower fails to meet the collateral call required to reestablish the appropriate loan to value ratio.
	Non-performing loans have the highest probability for credit loss. The allowance for credit losses attributable to non-performing loans is based on the most probable source of repayment, which is normally the liquidation of collateral. In determining collateral value, the Company estimates the current market value of the collateral and considers credit enhancements such as additional collateral and third-party guarantees. Due to the accelerated liquidation terms of the Company's loan portfolio, all past due loans are generally liquidated within 90 days of default.
	Further information about the Company's credit quality indicators includes differentiating by categories of current loan-to-value ratios. The Company disaggregates its secured loans as follows:
	in thousands
			30-Sep-14						30-Jun-14
	Loan-to-value of 75% or more		$	14,791		38.3	%		$	11,950			29	%
	Loan-to-value of less than 75%		23,836			61.7			29,311				71
	Total secured loans		$	38,627		100	%		$	41,261			100	%
	No loans have a loan-to-value in excess of 100% at September 30, 2014 and June 30, 2014.
	Impaired loans
	A loan is considered impaired if it is probable, based on current information and events, that the Company will be unable to collect all amounts due according to the contractual terms of the loan. Customer loans are reviewed for impairment and include loans that are past due, non-performing or in bankruptcy. Recognition of interest income is suspended and the loan is placed on non-accrual status when management determines that collection of future interest income is not probable. Accrual is resumed, and previously suspended interest income is recognized, when the loan becomes contractually current and/or collection doubts are removed. Cash receipts on impaired loans are recorded first against the receivable and then to any unrecognized interest income.
	All loans are contractually subject to margin call. As a result, loans typically do not become impaired due to the fact the Company has the ability to require margin calls which are due upon receipt. Per the terms of the loan agreement, the Company has the right to rapidly liquidate the loan collateral in the event of a default. The material is highly liquid and easily sold to pay off the loan. Such circumstances would result in a short term impairment that would typically result in full repayment of the loan and fees due to the Company.
	For the three months ended September 30, 2014 and 2013, the Company incurred loan impairment costs of $0.00 million, and $0.00 million, respectively.
	Allowance for Doubtful Accounts
	Allowances for doubtful accounts are recorded based on specifically identified receivables, which the Company has identified as potentially uncollectible. As summary of the activity in the allowance for doubtful accounts is as follows:
	in thousands
	Period ended:		Beginning Balance			Provision				Charge-off				Ending Balance
	Three Months Ended September 30, 2014		$	30		$	—			$	—			$	30
	Year Ended June 30, 2014		$	104		$	—			$	(74	)		$	30

Inventories

Inventories	3 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
	INVENTORIES
	The Company's inventories primarily include bullion and bullion coins and are acquired and initially recorded at fair market value. The fair market value of the bullion and bullion coins is comprised of two components: (1) published market values attributable to the cost of the raw precious metal, and (2) a published premium paid at acquisition of the metal. The premium is attributable to the additional value of the product in its finished goods form and the market value attributable solely to the premium may be readily determined, as it is published by multiple reputable sources. The premium is included in the cost of the inventory, paid at acquisition, and is a component of the total fair market value of the inventory. The precious metal component of the inventory may be hedged through the use of precious metal commodity positions, while the premium component of our inventory is not a commodity that may be hedged.
	The Company’s inventories are subsequently recorded at their fair market values, that is, "marked-to-market". The daily changes in the fair market value of our inventory are offset by daily changes in fair market value of hedging derivatives that are taken with respects to our inventory positions; both the change in the fair market value of the inventory and the change in the fair market value of these derivative instruments are recorded in cost of sales in the condensed consolidated statements of income.
	The premium component of market value included in the inventories as of September 30, 2014 and June 30, 2014 totaled $2.8 million and $3.3 million, respectively. Commemorative coins, which are not hedged, are also included in inventory at the lower of cost or market and totaled $0.8 million and $2.6 million as of September 30, 2014 and June 30, 2014, respectively. As of September 30, 2014 and June 30, 2014, the unrealized gains (losses) resulting from the difference between market value and cost of physical inventories were $(10.2) million and $3.8 million, respectively.
	The Company enters to arrangements with its suppliers and customers regarding its inventory, as summarize below:
	Borrowed Precious Metals from Suppliers
	Inventories include amounts borrowed from suppliers under arrangements to purchase precious metals on an unallocated basis. Unallocated or pool metal represents an unsegregated inventory position that is due on demand, in a specified physical form, based on the total ounces of metal held in the position. Amounts under these arrangements require delivery either in the form of precious metals or cash. Corresponding obligations related to liabilities on borrowed metals are reflected on the condensed consolidated balance sheets and totaled $12.0 million and $8.7 million as of September 30, 2014 and June 30, 2014, respectively. The Company mitigates market risk of its physical inventories through commodity hedge transactions (see Note 11).
	Repurchase Arrangements with Finance Company
	Inventories include amounts for obligations under product financing agreement. The Company enters into a product financing agreement for the transfer and subsequent re-acquisition of gold and silver at a fixed price to a third party finance company. This inventory is restricted and is held at a custodial storage facility in exchange for a financing fee, by the third party finance company. During the term of the financing, the third party finance company holds the inventory as collateral, and both parties intend to return the inventory to the Company at an agreed-upon price based on the spot price on the finance arrangement termination date, pursuant to the guidance in ASC 470-40 Product Financing Arrangements. The third party charges a monthly fee as percentage of the market value of the outstanding obligation; such monthly charge is classified in interest expense. These transactions do not qualify as sales and therefore have been accounted for as financing arrangements and reflected in the condensed consolidated balance sheet within product financing arrangement. The obligation is stated at the amount required to repurchase the outstanding inventory. Both the product financing and the underlying inventory are carried at fair value, with changes in fair value included in cost of sales in the condensed consolidated statements of income. Such obligation totaled $20.6 million and $24.6 million as of September 30, 2014 and June 30, 2014, respectively.
	Consignment Arrangements with Customers
	The Company periodically loans metals to customers on a short-term consignment basis, charging interest fees based on the value of the metal loaned. Inventories loaned under consignment arrangements to customers as of September 30, 2014 and June 30, 2014 totaled $4.3 million and $11.1 million, respectively. Such inventories are removed at the time the customer elects to price and purchase the precious metals, and the Company records a corresponding sale and receivable. Substantially all inventories loaned under consignment arrangements are collateralized for the benefit of the Company.
	Repurchase Arrangements with Customers
	The Company enters into arrangements with certain customers under which A-Mark purchases precious metals products that are subject to repurchase by the customer at the fair value of the of the product on the repurchase date. The Company or the counterparty may terminate any such arrangement with 14 days notice.  Upon termination the customer’s rights to repurchase any remaining inventory is forfeited. As of September 30, 2014 and June 30, 2014, included within inventory is $26.1 million and $24.6 million, respectively, of precious metals products subject to repurchase.

Property_and_Equipment

Property and Equipment	3 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Property and Equipment	'
	PROPERTY AND EQUIPMENT
	Property and equipment consists of the following at September 30, 2014 and June 30, 2014:
	in thousands
		September 30, 2014			June 30, 2014
	Office furniture, fixtures and equipment	$	490		$	490
	Computer equipment	338			323
	Computer software	2,372			2,333
	Leasehold improvements	260			260
	Subtotal	3,460			3,406
	Less: accumulated depreciation	(1,861		)	(1,728		)
	Property and equipment, net	$	1,599		$	1,678
	Depreciation expense for the three months ended September 30, 2014 and 2013 was $0.1 million and $0.1 million, respectively.

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	GOODWILL AND INTANGIBLE ASSETS
	On July 1, 2005, all of the outstanding common stock of A-Mark was acquired by Spectrum PMI, Inc. Spectrum PMI was a holding company whose outstanding common stock was owned 80% by SGI, and 20% by Auctentia, S.L. In September 2012, SGI purchased from Auctentia its 20% interest in Spectrum PMI. On September 30, 2013, Spectrum PMI was merged with and into SGI, as a result of which all of the outstanding shares of A‑Mark were then owned directly by SGI.
	In connection with the acquisition of A-Mark by Spectrum PMI on July 1, 2005, the accounts of the Company were adjusted using the push down basis of accounting to recognize the allocation of the consideration paid to the respective net assets acquired. In accordance with the push down basis of accounting, the Company's net assets were adjusted to their fair values as of the date of the acquisition based upon an independent appraisal, which resulted in goodwill of $4.9 million and identifiable purchased intangible assets of $8.4 million.
	Goodwill represents the excess of the purchase price and related costs over the value assigned to intangible assets of businesses acquired and accounted for under the purchase method.
	The carrying value of other purchased intangibles as of September 30, 2014 and June 30, 2014 is as described below:
	dollar amounts in thousands
				September 30, 2014							June 30, 2014
		Estimated Useful Lives (Years)		Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
	Trade-name	Indefinite		$	454	$	—		$	454	$	454	$	—		$	454
	Existing customer relationships	15-May		5,747		(3,544		)	2,203		5,747		(3,448		)	2,299
	Non-compete and other	4		2,000		(2,000		)	—		2,000		(2,000		)	—
	Employment agreement	3		195		(195		)	—		195		(195		)	—
	Purchased intangibles subject to amortization			7,942		(5,739		)	2,203		7,942		(5,643		)	2,299
				$	8,396	$	(5,739	)	$	2,657	$	8,396	$	(5,643	)	$	2,753
	The Company's other purchased intangible assets are subject to amortization except for trademarks, which have an indefinite life. Intangible assets subject to amortization are amortized using the straight-line method over their useful lives, which are estimated to be four to fifteen years. Amortization expense related to the Company's intangible assets for the three months ended September 30, 2014 and 2013 was $0.1 million and $0.1 million, respectively.
	Estimated amortization expense on an annual basis for the succeeding five years is as follows (in thousands):
	Fiscal year ending June 30,		Amount
	2015 (9 months remaining)		$	288
	2016		385
	2017		385
	2018		385
	2019		385
	Thereafter		375
	Total		$	2,203

Accounts_Payable

Accounts Payable	3 Months Ended
	Sep. 30, 2014
Accounts Payable, Current [Abstract]	'
Accounts Payable	'
	ACCOUNTS PAYABLE
	Accounts payable consist of the following:
	in thousands
		September 30, 2014		June 30, 2014
	Trade payable to customers payables	$	960	$	366
	Advances from customers	12,809		38,739
	Liability on deferred revenue	19,510		4,177
	Net liability on margin accounts	5,333		8,983
	Due to brokers	15,875		—
	Other accounts payable	1,296		1,362
	Subtotal	55,783		53,627
	Derivative liabilities — open sales and purchase commitments, net	49,139		848
	Derivative liabilities — futures contracts	—		8,078
	Derivative liabilities — forward contracts	—		14,873
		$	104,922	$	77,426

Income_Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	INCOME TAXES
	The Company files a consolidated federal income tax return based on a June 30th tax year end. The provision for (benefit from) income taxes for the three months ended September 30, 2014 and 2013 consists of the following:
	in thousands
	Three Months Ended September 30,	2014			2013
	U.S	$	778		$	1,520
	Foreign	—			—
	Provision for Income taxes	$	778		$	1,520
	The effective tax rate for the three months ended September 30, 2014 and 2013 is as follows:
	in thousands
	Three Months Ended September 30,	2014		2013
	Effective tax rate	40.6	%	39.1	%
	The Company uses an estimated annual effective tax rate, which is based on expected annual income, statutory tax rates and tax planning opportunities available in the various jurisdictions in which the Company operates, to determine its quarterly provision for income taxes. Certain significant or unusual items are separately recognized in the quarter in which they occur and can be a source of variability in the effective tax rates from quarter to quarter. The effective tax rate varies significantly from the federal statutory rate due to permanent adjustments for nondeductible items and state taxes.
	In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. During the three months ended September 30, 2014, management concluded that with the exception of certain state net operating losses, it was more likely than not that the Company would be able to realize the benefit of the U.S. federal and state deferred tax assets in the future. We based this conclusion on historical and projected operating performance, as well as our expectation that our operations will generate sufficient taxable income in future periods to realize the tax benefits associated with the deferred tax assets. As of September 30, 2014, the Company had $0.3 million of valuation allowance for its realizability of deferred tax assets. The Company will continue to assess the need for a valuation allowance in the future by evaluating both positive and negative evidence that may exist.
	The Company's consolidated financial statements recognized the current and deferred income tax consequences that result from the Company's activities during the current and preceding periods, as if the Company were a separate taxpayer during the period prior to the Distribution rather than a member of the Former Parent company's consolidated income tax return group. Current tax receivable reflects balances due from the Former Parent company to A-Mark for its share of the income tax assets of the group. Income taxes payable represents amounts due to federal and state jurisdictions due to taxable income generated following the close of the transaction.
	As of September 30, 2014, the Company had $0.7 million of unrecognized tax benefits and $0.4 million relating to interest and penalties. Of the total unrecognized tax benefits, $0.7 million would reduce the Company's effective tax rate, if recognized. The Company's continuing practice is to recognize interest and penalties related to income tax matters in income tax expense. During the three months ended September 30, 2014 and 2013, the Company had no additional accruals for interest and penalties.
	The Company files income tax returns in the US and various states. Prior to the Distribution, the Company was included in the consolidated federal and state tax filing of the Former Parent. The Former Parent is currently under examination by the IRS for the years ended June 30, 2004 through 2013 and other taxing jurisdictions on certain tax matters, including challenges to certain positions the Former Parent has taken. The Former Parent is unable to determine the outcome of these audits at this time. With few exceptions, either examinations have been completed by the tax authorities or the statute of limitations have expired for U.S. federal, state and local income tax returns filed by the Former Parent for the years through 2003. Pursuant to the Tax Separation Agreement, A-Mark may be responsible for any tax amount related to A-Mark that is incurred as the result of adjustments made during the Internal Revenue Service examination or other tax jurisdictions' examinations of the Former Parent.
	In connection with the spinoff, the Company entered into a Tax Separation Agreement with SGI.  The Tax Separation Agreement governs the respective rights, responsibilities and obligations of SGI and us with respect to, among other things, liabilities for U.S. federal, state, local and other taxes. In addition to the allocation of tax liabilities, the Tax Separation Agreement addresses the preparation and filing of tax returns for such taxes and disputes with taxing authorities regarding such taxes. Under the terms of the Tax Separation Agreement, SGI will have the responsibility to prepare and file tax returns for tax periods ending prior to the Distribution date and for tax periods which include the Distribution date but end after the Distribution date, which will include A-Mark and its subsidiaries. These tax returns will be prepared on a basis consistent with past practices. The Company will cooperate in the preparation of these tax returns and have an opportunity to review and comment on these returns prior to filing. A-Mark will pay all taxes attributable to A-Mark and its subsidiaries, and be entitled to any refund with respect to taxes it has paid.
	The amounts receivable under the Company's income tax sharing obligation due from SGI totaled $3.1 million, and $3.1 million as of September 30, 2014 and June 30, 2014, respectively, and is shown on the face of the condensed consolidated balance sheets as income taxes receivable from Former Parent. Based on the terms to the Tax Separation Agreement, payment is due to the Company after SGI files its tax return and is in receipt of its tax refund from the IRS. Furthermore, pursuant to the terms of the Tax Separation Agreement, the Company has been allocated approximately $6.3 million of state net operating losses. These net operating losses resulted in a deferred tax asset of $0.4 million.
	SGI received a written opinion from Kramer Levin Naftalis & Frankel LLP that the spinoff qualifies as a tax-free transaction under Section 355 of the Internal Revenue Code and that for U.S. federal income tax purposes, (i) no gain or loss shall be recognized by SGI upon the distribution of our common stock in the spinoff, and (ii) no gain or loss shall be recognized by, and no amount will be included in the income of, holders of SGI common stock upon the receipt of shares of our common stock in the spinoff. If, notwithstanding the conclusions included in the opinion, it is ultimately determined that the distribution does not qualify as tax-free for U.S. federal income tax purposes, each SGI shareholder that is subject to U.S. federal income tax and that received shares of our common stock in the distribution could be treated as receiving a taxable distribution in an amount equal to the fair market value of such shares. In addition, if the distribution were not to qualify as tax-free for U.S. federal income tax purposes, then SGI would recognize gain in an amount equal to the excess of the fair market value of our common stock distributed to SGI shareholders on the date of the distribution over SGI’s tax basis in such shares. Also, we could have an indemnification obligation to SGI related to its tax liability. The Company considers this possible outcome as remote, and as a result, no liability has been recorded.

Related_Party_Transactions

Related Party Transactions	3 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	RELATED PARTY TRANSACTIONS
	During the three months ended September 30, 2014 and 2013, the Company made sales and purchases to various companies under common control with A-Mark (through common ownership and management) through the date of Distribution. The companies are as follows: Calzona Ventures, LLC ("Calzona"), Stack's-Bowers Numismatics, LLC ("Stack's Bowers"), Spectrum Numismatics International, Inc. (now doing business as Stack's Bowers) ("SNI"), and Teletrade Inc. (now doing business as Stack's Bowers) ("Teletrade"). All of such entities were consolidated by our Former Parent, SGI.
	in thousands
		Three Months Ended
		September 30, 2014				September 30, 2013
		Sales		Purchases		Sales		Purchases
	Related Party Company
	Calzona	$	157	$	—	$	868	$	—
	SNI (now doing business as Stack's Bower)	224		1,648		2,171		466
	Stack's Bower	578		898		346		1,121
	Teletrade (now doing business as Stack's Bowers)	593		375		481		864
	Related party, total	$	1,552	$	2,921	$	3,866	$	2,451
	As of September 30, 2014 and June 30, 2014, the Company's had related party receivables and payables balance as set forth below:
	in thousands
		September 30, 2014				June 30, 2014
		Receivables		Payable		Receivables		Payable
	Related Party Company
	Calzona	$	—	$	—	$	—	$	67
	SNI (now doing business as Stack's Bowers)	103		—		—		72
	Stack's Bowers	29		—		2,563		—
	Teletrade (now doing business as Stack's Bowers)	—		—		—		133
	SGI (Former Parent)	3,289		83		3,289		—
	Related party, total	$	3,421	83		$	5,852	$	272
	Secured Loans to Related Parties
	On June 18, 2014, CFC assumed the rights to a secured portfolio of short-term loan receivable totaling $2.6 million from Stack's Bowers (a related party). As a result of the terms of this arrangement, the Company reflects this as a financing arrangement with this related party, secured by the transfer of the portfolio of short-term loan receivables, collateralized by numismatic and semi numismatic products. As of September 30, 2014, the aggregate carrying value of this loan was $0.0 million, which bore interest of 5.5% per annum. This secured loan was paid off in full, plus accrued interest, on August 19, 2014.
	On October 9, 2014, CFC entered into a loan agreement and related documents with Stack’s Bower (a related party), providing for a secured line of credit in the maximum principal amount of up to $16.0 million, bearing interest at a competitive rate per annum, which is at an interest rate midst the rates CFC charges its non-related parties. Advances under the line of credit are secured by numismatic and semi-numismatic products (see Note 15).
	Corporate Overhead Charges
	During the three months ended September 30, 2014 and 2013, the Company incurred $0.00 million and $0.20 million, respectively, of corporate overhead charges, which were payable monthly to SNI based on the Former Parent's annual budget, and were included in selling, general and administrative expenses. As a result of the Distribution, this monthly obligation to SNI concluded.
	Secondment Agreement Fees and Reimbursements
	Under the terms of the Secondment Agreement, A-Mark has agreed to make Gregory N. Roberts, our Chief Executive Officer, and Carol Meltzer, our Executive Vice President, General Counsel and Secretary, available to SGI for the performance of specified management and professional services following the spinoff in exchange for an annual secondment fee and reimbursement of certain bonus payments. The Secondment Agreement will terminate on June 30, 2016 and is subject to earlier termination under certain circumstances (see Note 1). The Company records the accrual of secondment fees as a reduction to selling, general and administration expense.
	Income Tax Sharing Obligations
	The amounts receivable under the Company's income tax sharing obligation due from SGI, totaled $3.1 million, and $3.1 million as of September 30, 2014 and June 30, 2014, respectively, and is shown on the face of the condensed consolidated balance sheets as income taxes receivable from Former Parent (see Note 8).
	Dividends Paid to Former Parent
	During the three months ended September 30, 2014 and 2013, the Company paid to SGI dividends totaling $0.0 million and $5.0 million, respectively, in regards to dividends declared prior to the spinoff. The Company has not made a determination regarding our policy on the payment of dividends following the spinoff.
	Royalties to Former Owner
	As part of the sales agreement dated July 1, 2005, a former owner of the Company receives a portion of the finance income earned with a specific customer through June 2015. The Company incurred $0.08 million and $0.05 million in selling, general and administrative expenses (royalty expense) during the three months ended September 30, 2014 and 2013, respectively. The total amount due to the former owner of $0.28 million and $0.20 million are included in accrued liabilities as of September 30, 2014 and June 30, 2014, respectively.

Financing_Agreements

Financing Agreements	3 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Financing Agreements	'
	FINANCING AGREEMENTS
	Lines of Credit
	A-Mark has a borrowing facility (“Trading Credit Facility”) with a group of financial institutions under an inter-creditor agreement, which provides for lines of credit including a sub-facility for letters of credit up to the maximum of the credit facility. All lenders have a perfected, first security interest in all assets of the Company presented as collateral. Loan advances will be available against a borrowing base report of eligible assets in accordance with the inter-creditor agreement currently in place. Pledged collateral comprises assigned and confirmed inventory, trade receivable, trade advances, derivatives equity and pledged non bullion and bullion loans.
	Effective September 12, 2014, the Company obtained a permanent increase in its demand Trading Credit Facility through the addition of a sixth institutional participant, which is providing $50.0 million in demand lines. As of September 30, 2014, the maximum of the Trading Credit Facility was $220.0 million. The Company routinely uses the Trading Credit Facility to purchase precious metals from suppliers and for operating cash flow purposes. Amounts under the Trading Credit Facility bear interest based on London Interbank Offered Rate (“LIBOR”) plus a margin. The one-month LIBOR rate was approximately 0.15% and 0.15% as of September 30, 2014 and June 30, 2014, respectively. Borrowings are due on demand and totaled $128.0 million and $135.2 million for lines of credit and $0.0 million and $0.0 million for letters of credit at September 30, 2014 and at June 30, 2014, respectively. The amounts available under the Trading Credit Facility are determined at the end of each week following a specified borrowing base formula.  The Company is able to access additional credit as needed to finance operations, subject to the overall limits of the Trading Credit Facility and lender approval of the revised borrowing base calculation.  The amounts available under the Trading Credit Facility after taking into consideration current borrowings, based upon the latest approved borrowing bases in effect, totaled $34.7 million and $14.4 million at September 30, 2014 and June 30, 2014, respectively. The Trading Credit Facility also limits A-Mark's ability to pay dividends. The Trading Credit Facility is cancelable by written notice from the financial institutions.
	The Trading Credit Facility has certain restrictive financial covenants, which require the Company to maintain a minimum tangible net worth. In connection with the new line effective September 12, 2014, the minimum tangible net worth financial covenant under the Trading Credit Facility was increased from $25.0 million to $35.0 million. The Company’s tangible net worth as of September 30, 2014 was $42.4 million. The Company is in compliance with all restrictive financial covenants. The Company's ability to pay dividends, if it were to elect to do so, could be limited as a result of these restrictions.
	Included in the $220.0 million Trading Credit Facility was a sub-facility that, through October 8, 2014, was able to be drawn on by both the Company and SNI (a related party). A-Mark and SNI could draw up to $20.0 million and $5.0 million, respectively, under the sub-facility; provided that the maximum amount that was permitted to be outstanding at any given time could not exceed $23.0 million. As of September 30, 2014, the total amount borrowed under the sub-facility was $21.0 million, which consisted of $18.0 million by A-Mark and $3.0 million by SNI. The Company's and SNI's sub-facility lines represented two entirely separate lines of credit and neither party had a performance obligation for the other should an event of default have occurred. Amounts available for borrowing under this sub-facility as of September 30, 2014 and June 30, 2014 were $2.0 million and $3.3 million, respectively. On October 8, 2014, SNI paid off its obligations under the sub-facility in full utilizing funds drawn from its line of credit with CFC, and SNI no longer has any right to draw upon the sub-facility (see Note 15).
	Interest expense related to the Company’s borrowing arrangements totaled $0.9 million and $0.8 million, which represents 87.8% and 82.5% of the total interest expense recognized, for the three months ended September 30, 2014 and 2013, respectively. Our borrowing arrangements carried a daily weighted average effective interest rate of 3.06% and 3.19%, respectively, for the three months ended September 30, 2014 and 2013.
	Liability on Borrowed Metals
	The Company borrows precious metals from its suppliers under short-term agreements, which bear interest at a designated rate. Amounts under these agreements are due at maturity and require repayment either in the form of precious metals or cash. The Company's inventories included borrowed metals with market values totaling $12.0 million and $8.7 million as of September 30, 2014 and June 30, 2014, respectively. Certain of these metals are secured by letters of credit issued under the Trading Credit Facility, which totaled $0.0 million and $0.0 million as of September 30, 2014 and June 30, 2014, respectively.
	Product Financing Arrangement
	The Company has entered into an agreement with a third party for the sale of gold and silver, at the option of the third party, at a fixed price. Such agreement allows the Company to repurchase this inventory at an agreed-upon price based on the spot price on the repurchase date. The third party charges a monthly fee as percentage of the market value of the outstanding obligation; such monthly charges are classified in interest expense. These transactions do not qualify as sales, and therefore have been accounted for as financing arrangements and reflected in the condensed consolidated balance sheet within product financing obligation. The obligation is stated at the amount required to repurchase the outstanding inventory. Both the product financing obligation and the underlying inventory (which is entirely restricted) are carried at fair value, with changes in fair value recorded as a component of cost of sales in the condensed consolidated statements of income. Such obligation totaled $20.6 million and $24.6 million as of September 30, 2014 and June 30, 2014, respectively.

Hedging_Transactions

Hedging Transactions	3 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Hedging Transactions	'
	HEDGING TRANSACTIONS
	The Company is exposed to market risk, such as change in commodity prices, and foreign exchange rates. To manage the volatility relating to these exposures, the Company enters into various derivative products, such as precious metal's forwards and futures. By policy, the Company historically has not entered into derivative financial instruments for trading purposes or for speculation.
	Commodity Price Management
	The Company manages the value of certain specific assets and liabilities of its trading business, including trading inventories, by employing a variety of strategies. These strategies include the management of exposure to changes in the market values of the Company's trading inventories through the purchase and sale of a variety of derivative products such as metal's forwards and futures.
	The Company's trading inventories and purchase and sale transactions consist primarily of precious metal bearing products. The value of these assets and liabilities are linked to the prevailing price of the underlying precious metals.
	The Company's precious metals inventories are subject to market value changes, created by changes in the underlying commodity markets. Inventories purchased or borrowed by the Company are subject to price changes. Inventories borrowed are considered natural hedges, since changes in value of the metal held are offset by the obligation to return the metal to the supplier.
	Open sale and purchase commitments are subject to changes in value between the date the purchase or sale price is fixed (the trade date) and the date the metal is received or delivered (the settlement date). The Company seeks to minimize the effect of price changes of the underlying commodity through the use of forward and futures contracts.
	The Company's policy is to substantially hedge its inventory position, net of open sale and purchase commitments that is subject to price risk. The Company regularly enters into precious metals commodity forward and futures contracts with major financial institutions to hedge price changes that would cause changes in the value of its physical metals positions and purchase commitments and sale commitments. The Company has access to all of the precious metals markets, allowing it to place hedges. However, the Company also maintains relationships with major market makers in every major precious metals dealing center.
	The Company enters into these derivative transactions solely for the purpose of hedging our inventory holding risk, and not for speculative market purposes. Due to the nature of the Company's global hedging strategy, the Company is not using hedge accounting as defined under Topic 815 of the ASC, whereby the gains or losses would be deferred and included as a component of other comprehensive income until the contract is executed. Instead, gains or losses resulting from the Company's futures and forward contracts and open sale and purchase commitments are reported as unrealized gains or losses on commodity contracts (a component of cost of sales) with the related unrealized amounts due from or to counterparties reflected as a derivative asset or liability (a component of receivables or payables). Gains or losses resulting from the termination of hedge contracts are reported as realized gains or losses on commodity contracts. Net gains (losses) on derivative instruments in the condensed consolidated statements of income totaled $(6.4) million and $(17.6) million for the three months ended September 30, 2014 and 2013, respectively.
	The Company’s management sets credit and position risk limits. These limits include gross position limits for counterparties engaged in sales and purchase transactions with the Company. They also include collateral limits for different types of sale and purchase transactions that counterparties may engage in from time to time.
	The following table summarizes the results of our hedging activities as follows at September 30, 2014 and at June 30, 2014, showing the precious metal commodity inventory position, net of open sale and purchase commitments, which is subject to price risk:
	in thousands
		September 30, 2014			June 30, 2014
	Inventory	$	159,240		$	175,554
	Less unhedgable inventory:
	Commemorative coin inventory, held at lower of cost or market	(816		)	(2,564		)
	Premium on metals position	(2,778		)	(3,285		)
	Inventory value not hedged	(3,594		)	(5,849		)
	Subtotal	155,646			169,705
	Commitments at market:
	Open inventory purchase commitments	429,522			489,944
	Open inventory sales commitments	(145,283		)	(190,108		)
	Margin sale commitments	(10,610		)	(15,751		)
	In-transit inventory no longer subject to market risk	(34,993		)	(4,522		)
	Unhedgable premiums on open commitment positions	271			1,694
	Inventory borrowed from suppliers	(11,998		)	(8,709		)
	Product financing obligation	(20,613		)	(24,610		)
	Advances on industrial metals	1,915			8,813
	Inventory subject to price risk	363,857			426,456
	Inventory subject to derivative financial instruments:
	Precious metals forward contracts at market values	158,770			206,055
	Precious metals futures contracts at market values	205,031			220,984
	Total market value of derivative financial instruments	363,801			427,039
	Net inventory subject to commodity price risk	$	56		$	(583	)
	As of September 30, 2014 and June 30, 2014, the Company had the following outstanding commitments and open forward and future contracts:
	in thousands
		September 30, 2014			June 30, 2014
	Purchase commitments	$	429,522		$	489,944
	Sales commitments	(145,283		)	(190,108		)
	Margin sales commitments	(10,610		)	(15,751		)
	Open forward contracts	158,770			206,055
	Open futures contracts	205,031			220,984
	The contract amounts of these forward and futures contracts and the open sales and purchase orders are not reflected in the accompanying condensed consolidated balance sheet. The difference between the market price of the underlying metal or contract and the trade amount is recorded at fair value.
	The Company’s open sale and purchase commitments typically settle within 2 business days, and for those commitments that do not have stated settlement dates, the Company has the right to settle the positions upon demand. Futures and forwards contracts open at September 30, 2014 are scheduled to settle within 30 days.
	The Company is exposed to the risk of failure of the counterparties to its derivative contracts. Significant judgment is applied by the Company when evaluating the fair value implications. The Company regularly reviews the creditworthiness of its major counterparties and monitors its exposure to concentrations. At September 30, 2014, the Company believes its risk of counterparty default is mitigated as a result of such evaluation and the short-term duration of these arrangements.
	Foreign Currency Exchange Rate Management
	The Company utilizes foreign currency forward contracts to manage the effect of foreign currency exchange fluctuations of its sale and purchase transactions. These contracts generally have maturities of less than one week. The accounting treatment of our foreign currency exchange derivative instruments is similar to the accounting treatment of our commodity derivative instruments, that is, the change in the value in the financial instrument is immediately recognized as a component of cost of sales. Unrealized net gains (losses) on foreign exchange derivative instruments shown on the face of the condensed consolidated statements of income totaled $(9,000) and $36,000 for the three months ended September 30, 2014 and 2013, respectively. The market values (fair values) of the Company’s foreign exchange forward contracts and the net open sale and purchase commitment transactions, denominated in foreign currencies, outstanding at September 30, 2014 was $1.4 million and $3.5 million, respectively. The market values (fair values) of the Company’s foreign exchange forward contracts and the net open sale and purchase commitment transactions, denominated in foreign currencies, outstanding at June 30, 2014 was $2.7 million and $3.8 million, respectively.
	Offsetting Derivative Instruments
	In respect to the Company's derivative contracts with the same counterparty, the receivables and payables have been netted on the condensed consolidated balance sheets. Such derivative contracts include open sale and purchase commitments, futures, forwards and margin accounts. In the table below, the aggregate gross and net derivative receivables and payables balances are presented by contract type and type of hedge, as of September 30, 2014 and June 30, 2014.
		September 30, 2014											June 30, 2014
	in thousands	Gross Derivative			Amounts Netted			Cash Collateral Pledge			Net Derivative		Gross Derivative			Amounts Netted			Cash Collateral Pledge			Net Derivative
	Nettable derivative receivables:
	Open sale and purchase commitments	$	4,178		$	(1,550	)	$	—		$	2,628	$	26,282		$	(4,112	)	$	—		$	22,170
	Future contracts	27,071			—			—			27,071		—			—			—			—
	Forward contracts	16,510			—			—			16,510		14			—			—			14
		$	47,759		$	(1,550	)	$	—		$	46,209	$	26,296		$	(4,112	)	$	—		$	22,184
	Nettable derivative payables:
	Open sale and purchase commitments	$	49,768		$	(629	)	$	—		$	49,139	$	1,022		$	(174	)	$	—		$	848
	Margin accounts	10,610			—			(5,277		)	5,333		15,751			—			(6,768		)	8,983
	Future contracts	—			—						—		(15,121		)	—			23,199			8,078
	Forward contracts	—			—			—			—		14,873			—			—			14,873
		$	60,378		$	(629	)	$	(5,277	)	$	54,472	$	16,525		$	(174	)	$	16,431		$	32,782

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	COMMITMENTS AND CONTINGENCIES
	Refer to Note 12 of the Notes to Consolidated Financial Statements in the 2014 Audited Financial Statements for information relating to minimum rental payments under operating and capital leases, consulting and employment contracts, and other commitments.

Stockholders_Equity

Stockholders' Equity	3 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Stockholders' Equity	'
	STOCKHOLDERS’ EQUITY
	Effectiveness of Registration Statement and Distribution of Shares
	A-Mark filed with the Securities and Exchange Commission a registration statement on Form S-1 relating to the Distribution by SGI to its shareholders of all the shares of common stock of the Company. The registration statement was declared effective by the SEC on February 11, 2014.
	The spinoff of the Company from SGI was effected on March 14, 2014 and an aggregate of 7,402,664 shares of A-Mark's common stock were distributed to SGI stockholders. On March 17, 2014, A-Mark's shares began trading on the NASDAQ Global Select Market under the symbol "AMRK". All share and per share information has been retrospectively adjusted to give effect for the Distribution.
	Subsequent to the Distribution, SGI informed the Company that an aggregate of 71,922 shares of A-Mark's common stock should not have been distributed because the SGI shares with respect to which those shares were distributed had been incorrectly classified as outstanding. Accordingly, effective as of March 14, 2014, those 71,922 shares were canceled and returned to the status of authorized but unissued stock.
	Repurchase of Common Shares
	On June 4, 2014, A-Mark entered into an amendment (“Amendment No. 1”) to the Purchase Agreement (as amended, the “Purchase Agreement”) dated February 26, 2014 with Afinsa, Auctenia and SGI pursuant to which, among other things, SGI agreed to purchase all shares of SGI’s common stock held by Afinsa and Auctentia and Afinsa and Auctentia agreed to sell to A-Mark any shares of common stock of A-Mark received by Afinsa and Auctentia in SGI’s spinoff of A-Mark, which was effected on March 14, 2014. As previously disclosed, the first closing under the Purchase Agreement occurred on February 26, 2014.
	Pursuant to Amendment No. 1, also on June 4, 2014, A-Mark purchased 5,520 shares of A-Mark common stock from Afinsa and 373,513 shares of A-Mark common stock from Auctentia for an aggregate purchase price of $2.2 million plus interest in the amount of $0.02 million calculated from February 26, 2014 at the rate of 4% per annum. Afinsa and Auctentia no longer hold any shares of A-Mark common stock.
	Shares of A-Mark common stock purchased under the Purchase Agreement have been returned to the status of authorized but unissued shares.
	Payment of Dividends to Former Parent
	On July 1, 2013, the Board of Directors of the Company declared a $5.0 million dividend to SGI, which was paid on July 5, 2013. The Company has not made a determination regarding our policy on the payment of dividends following the spinoff.
	2014 Stock Award and Incentive Plan
	Prior to the Distribution, the Company’s Board of Directors ("Board") adopted and the Company's then sole stockholders approved the 2014 Stock Award and Incentive Plan ("2014 Plan"). Under the 2014 Plan, the Company may grant options and other equity awards as a means of attracting and retaining officers, employees, non-employee directors and consultants, to provide incentives to such persons, and to align the interests of such persons with the interests of stockholders by providing compensation based on the value of the Company's stock. Awards under the 2014 Plan may be granted in the form of incentive or non-qualified stock options, stock appreciation rights ("SARs"), restricted stock, restricted stock units, dividend equivalent rights and other stock-based awards (which may include outright grants of shares). The 2014 Plan also authorizes grants of performance-based cash incentive awards. The 2014 Plan is administered by the Compensation Committee of the Board of Directors, which, in its discretion, may select officers and other employees, directors (including non-employee directors) and consultants to the Company and its subsidiaries to receive grants of awards. The Board of Directors itself may perform any of the functions of the Compensation Committee under the 2014 Plan.
	Under the 2014 Plan, the exercise price of options and base price of SARs may be set at the discretion of the Committee, but generally may not be less than the fair market value of the shares on the date of grant, and the maximum term of stock options and SARs is 10 years. The 2014 Plan limits the number of share-denominated awards that may be granted to any one eligible person to 250,000 shares in any fiscal year. Also, in the case of non-employee directors, the 2014 Plan limits the maximum grant-date fair value at $300 thousand of stock-denominated awards granted to a director in a given fiscal year, except for a non-employee Chairman of the Board whose grant-date fair value maximum is $600 thousand per fiscal year. The 2014 Plan will terminate when no shares remain available for issuance and no awards remain outstanding; however, the authority to grant new awards will terminate on December 13, 2022.
	As of September 30, 2014, 625,000 shares were available for grants under the 2014 Plan. At that date no awards had yet been granted under the 2014 Plan.
	Equity Awards Assumed in Connection with the Spinoff
	Prior to the Distribution Date, the SGI Board of Directors and the Compensation Committee of the SGI Board of Directors, and the Board of Directors of A-Mark, had taken action to provide that the holders of share-based awards, outstanding as of March 14, 2014, denominated in and settleable by delivery of shares of SGI common stock, would have their SGI share-based awards canceled upon the effectiveness of the Distribution, and in place of the canceled awards would become entitled to receive share-based awards denominated in and settleable by delivery of shares of the Company's common stock. The exchange ratio was based on the average closing market price of SGI’s common stock in the final three trading days on which SGI common stock traded before trading ex-dividend with respect to the Distribution, and the average closing market price of A-Mark’s common stock on its first three trading days in the NASDAQ Global Select Market (the “Exchange Ratio”). This resulted in an Exchange Ratio of 0.2397, based on an average closing price for SGI shares of $3.32 and an average closing price for A-Mark shares of $13.85. (For reference, the closing SGI price per share on March 14, 2014 was $3.37 per share and the closing A-Mark price per share on March 17, 2014 was $13.30 and on March 19, 2014 was $14.00.)
	Accordingly, to provide for the equitable treatment of holders of then outstanding SGI equity awards in connection with the spinoff, the Company modified (reduced) the number of shares underlying each affected SGI award in the form of stock options, stock appreciation rights (“SARs”) or restricted stock units (“RSUs”) by a factor of 0.2397 to one (with the number of shares rounded up to the next whole share for the entire award, with rounding up of previously vested tranches first and rounding down (where necessary) of later vested tranches). For stock options and SARs, the Company modified (increased) the holders’ award exercise price or base price by a factor 4.1717 to one (the inverse of the Exchange Ratio), with per share exercise prices or base prices then rounded up to the next whole cent. These actions were taken pursuant to the anti-dilution assumption and adjustments approved by SGI and A-Mark. As a result, the Company granted, on March 19, 2014 (the date as of which the exchange ratio became determinable based on the average closing market price of A-Mark common stock), 130,646 RSUs, 8,990 SARs and options to purchase 249,846 shares of common stock. These awards are deemed to be granted under the original plans and arrangements of SGI that have been assumed by the Company, not under the 2014 Plan. However, the Company has not assumed those SGI plans and arrangements insofar as they authorize future grants of share-based compensation (as distinguished from the grants of replacement awards described above).
	The cancelation and reissuance of share-based awards are accounted for as modifications in accordance with ASC 718, Compensation-Stock Compensation. The Company compared the fair value of each award immediately before and after modification and determined that the modification did not create any incremental compensation costs. Accordingly, there were no changes to the compensation costs of these awards, as determined using the Black-Scholes fair value model for stock options and SARs, and the common stock value for RSUs, on the original grant dates of each award.
	Of the 249,846 stock options, 130,646 RSUs and 8,990 SARs issued in connection with the spinoff, 216,943 stock options, 50,340 RSUs and 8,990 SARs were issued to employees of the Company and the remainder were issued to employees of SGI. After the spinoff, the Company will recognize remaining compensation costs related to awards held by employees of the Company, including SGI employees who transferred to the Company in conjunction with the spinoff, over the remaining service period for each award. The Company does not recognize compensation cost for financial reporting purposes relating to the awards replaced by A-Mark following the Distribution which were held by persons who remained employees of SGI.
	From September 30, 2014, the Company will recognize compensation expense of $0.4 million, $0.1 million and $0.0 million, related to stock-options, RSUs and SARs, respectively, over weighted average periods 3.1 years, 1.4 years and 0.0 years respectively. The Company will not recognize compensation costs for awards held by employees of SGI, as they are not providing any services to the Company.
	Employee Stock Options
	Our Former Parent had granted employee stock options to certain members of management, key employees, and directors, including to A-Mark personnel, that were denominated in and settleable by delivery of shares of SGI common stock. Effective with the Distribution, the SGI share-based awards were canceled and in place of the canceled awards the holders of the awards were entitled to receive share-based awards denominated in and settable by delivery of shares of the Company's stock.
	During the three months ended September 30, 2014, the Company incurred compensation expense related to stock options granted to the Company's employees (including SGI employees who transferred to the Company in conjunction with the spinoff) that were settleable in shares of SGI common stock (prior to the date of Distribution) and settleable in shares of Company's common stock (subsequent to the date of Distribution and award modification) as set forth below.
	in thousands
	Three Months Ended September 30,		2014				2013
	Stock option based Compensation Cost related to Shares Settleable in:
	SGI common stock		$	—			$	—
	A-Mark common stock		39.6				—
	Total stock option based compensation costs		$	39.6			$	—
	As of September 30, 2014, there was total remaining compensation expense of $0.4 million related to employee stock options, which will be recorded over a weighted average period of approximately 3.1 years.
	The following table summarizes the stock option activity for the three months ended September 30, 2014:
			Options			Weighted Average Exercise Price Per Share				Aggregate Intrinsic Value			Weighted Average Grant Date Fair Value Per Award (1)
										(in thousands)
	Outstanding at June 30, 2014		230,787			$	10			$	407		$	5.98
	Granted through stock option plan		—			—
	Exercised		—			—
	Cancellations, expirations and forfeitures		(660	)		48.02
	Outstanding at September 30, 2014		230,127			9.89				$	446		$	6
	Shares exercisable at September 30, 2014		134,242			11				$	155		$	5.8
	_________________________________
	-1		For awards held by A-Mark employees, the fair value of the awards assumed in Distribution was based awards' fair value at grant date, which were determined by SGI prior to the Distribution. Since, the Company does not recognize compensation costs for the awards assumed in the Distribution held by employees of SGI, the calculation of the weighted average fair value per share price at grant date was solely based on the awards' fair value at grant date that were awarded to employees of A-Mark.
	Following is a summary of the status of stock options outstanding at September 30, 2014:
									Options Outstanding						Options Exercisable
	Exercise Price Ranges								Number of Shares Outstanding			Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price		Number of Shares Exercisable	Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price
	From				To
	$	—			$	10			134,239			8.11	$	8.39	38,354	8.18	$	8.5
	10.01				15				95,888			7.96	12		95,888	7.96	12
									230,127			8.04	9.89		134,242	8.02	11
	Restricted Stock Units
	During the three months ended September 30, 2014, the Company incurred compensation expense related to RSUs granted to the Company's employees (including SGI employees who transferred to the Company in conjunction with the spinoff) that were settleable in shares of SGI common stock (prior to the date of Distribution) and settleable in shares of Company's common stock (subsequent to the date of Distribution and award modification) as set forth below.
	in thousands
	Three Months Ended September 30,		2014				2013
	RSUs-based Compensation Cost related to Share Settleable in:
	SGI common stock		$	—			$	36.9
	A-Mark common stock		22.6				—
	Total RSUs based compensation costs		$	22.6			$	36.9
	The remaining compensation expense that will be recorded under restricted stock grants totals $0.1 million, which will be recorded over a weighted average period of approximately 1.4 years.
	The following table summarizes the RSU activity for the three months ended September 30, 2014:
		Shares			Weighted Average Share Price at Grant Date (1)
	Outstanding at June 30, 2014	106,674			$	2.72
	Shares granted	—			—
	Shares released	—			—
Shares forfeited	—			—
Outstanding at September 30, 2014	106,674			$	2.72
Vested but unissued at September 30, 2014	—			$	—
_________________________________
-1		For awards held by A-Mark employees, the fair value of the awards assumed in Distribution was based awards' fair value at grant date, which were determined by SGI prior to the Distribution. Since, the Company does not recognize compensation costs for the awards assumed in the Distribution held by employees of SGI, the calculation of the weighted average share price at grant date was solely based on the awards' fair value at grant date that were awarded to employees of A-Mark.
No tax benefit was recognized in the condensed consolidated statements of income related to share-based compensation for the three months ended September 30, 2014. No share-based compensation was capitalized for the three months ended September 30, 2014.
Stock Appreciation Rights
The Company, from time to time, may grant SARs to certain key employees and executive officers. The number of shares to be received under these awards ultimately depends on the appreciation in the Company’s common stock over a specified period of time, generally 3.0 years. At the end of the stated appreciation period, the number of shares of common stock issued will be equal in value to the appreciation in the shares of the Company’s common stock, as measured from the stock's closing price on the date of grant to the average price in the last month of the third year of vesting. As of September 30, 2014, the Company had issued and outstanding 8,990 SARs with an average base price of $50.31, in connection with the spinoff. At September 30, 2014, there was no intrinsic value associated with these arrangements. The Company did not recognize any compensation expense related to these awards during the three months ended September 30, 2014. There is no remaining compensation expense that will be recorded for these awards.
Certain Anti-Takeover Provisions
The Company’s Certificate of Incorporation and by-laws contain certain anti-takeover provisions that could have the effect of making it more difficult for a third party to acquire, or of discouraging a third party from attempting to acquire, control of the Company without negotiating with its Board. Such provisions could limit the price that certain investors might be willing to pay in the future for the Company’s securities. Certain of such provisions provide for a Board with staggered terms, allow the Company to issue preferred stock with rights senior to those of the common stock, or impose various procedural and other requirements which could make it more difficult for stockholders to effect certain corporate actions.

Geographic_Information

Geographic Information	3 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Geographic Information	'
	GEOGRAPHIC INFORMATION
	Revenue are attributed to geographic location based on customer location. The Company's geographic operations are as follows:
	in thousands
		Three Months Ended
		September 30, 2014		September 30, 2013
	Revenue by geographic region:
	United States	$	1,313,486	$	1,300,446
	Europe	54,950		70,304
	North America, excluding United States	71,779		76,766
	Asia Pacific	11,312		47,327
	Australia	1,939		1,150
	South America	—		32
	Total revenue	$	1,453,466	$	1,496,025
	in thousands
		September 30, 2014		June 30, 2014
	Inventories by geographic region:
	United States	$	139,787	$	159,145
	Europe	10,788		10,500
	North America, excluding United States	5,821		4,091
	Asia	2,844		1,818
	Total inventories	$	159,240	$	175,554
	in thousands
		September 30, 2014		June 30, 2014
	Total assets by geographic region:
	United States	$	300,411	$	285,092
	Europe	12,921		14,137
	North America, excluding United States	5,821		4,091
	Asia	2,844		1,818
	Total assets	$	321,997	$	305,138
	in thousands
		30-Sep-14		30-Jun-14
	Total long term assets by segment/geographic region:
	United States	$	10,666	$	9,726
	Europe	85		89
	Total long-term assets	$	10,751	$	9,815

Subsequent_Events

Subsequent Events	3 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
		SUBSEQUENT EVENT
	Financing Arrangement with Related Party
	On October 9, 2014, CFC entered into a loan agreement and related documents with Stack’s Bower (a related party), providing for a secured line of credit in the maximum principal amount of up to $16.0 million, bearing interest at a competitive rate per annum, which is at an interest rate midst the rates CFC charges its non-related parties. Advances under the line of credit are secured by numismatic and semi-numismatic products. The principal amount of the loan, together with accrued and unpaid interest, is due and payable by April 7, 2015. As of October 24, 2014, the aggregate carrying value of this loan was $6.1 million, plus accrued interest.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Principles of Consolidation	'
	Basis of Presentation and Principles of Consolidation
	The condensed consolidated financial statements reflect the financial condition, results of operations, and cash flows of the Company, and were prepared using accounting principles generally accepted in the United States (“U.S. GAAP”). The Company operated in one segment for all periods presented.
	These condensed consolidated financial statements include the accounts of A-Mark, and its wholly owned subsidiaries, CFC, AMTAG and TDS (collectively the “Company”). All significant inter-company accounts and transactions have been eliminated in consolidation. The condensed consolidated statements of income include all revenues and costs attributable to the Company's operations, including costs for certain functions and services performed by SGI and directly charged or allocated based on usage or other systematic methods. The allocations and estimates are not necessarily indicative of the costs and expenses that would have resulted if the Company's operations had been operated as a separate stand-alone entity. Allocations for inter-company shared service expense are made on a reasonable basis to approximate market costs for such services; these allocations are only applicable for periods prior to the spinoff. Management believes the allocation methods are reasonable.
Use of Estimates	'
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. These estimates include, among others, determination of fair value, and allowances for doubtful accounts, impairment assessments of long-lived assets and intangible assets, valuation reserve determinations on deferred tax assets, and revenue recognition judgments. Significant estimates also include the Company's fair value determinations with respect to its financial instruments and precious metals materials. Actual results could materially differ from these estimates.
Concentration of Credit Risk	'
	Concentration of Credit Risk
	Cash is maintained at financial institutions and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances.
	Assets that potentially subject the Company to concentrations of credit risk consist principally of receivables, loans of inventory to customers, and inventory hedging transactions. Concentration of credit risk with respect to receivables is limited due to the large number of customers composing the Company's customer base, the geographic dispersion of the customers, and the collateralization of substantially all receivable balances. Based on an assessment of credit risk, the Company typically grants collateralized credit to its customers. The Company enters into inventory hedging transactions, principally utilizing metals commodity futures contracts traded on national futures exchanges or forward contracts with credit worthy financial institutions. All of our commodity derivative contracts are under master netting arrangements and include both asset and liability positions. Substantially all of these transactions are secured by the underlying metals positions.
Foreign Currency	'
	Foreign Currency
	The functional currency of the Company is the United States dollar ("USD"). The Company's wholly-owned foreign subsidiary, AMTAG, maintains its books of record in Euros. The Company remeasures the financial statements of AMTAG into USD. The remeasurement of local currency amounts into USD creates remeasurement gains and losses are included in the condensed consolidated statements of income.
	To manage the effect of foreign currency exchange fluctuations, the Company utilized foreign currency forward contracts. These derivatives generate gains and losses when they are settled and/or when they are marked to market. The change in the value in the derivative instruments is shown on the face of the condensed consolidated statements of income as unrealized net gains (losses) on foreign exchange.
Cash Equivalents	'
	Cash Equivalents
	The Company considers all highly liquid investments with original maturities of three months or less, when purchased, to be cash equivalents.
Inventories	'
	Inventories
	Inventories principally include bullion and bullion coins and are acquired and initially recorded at fair market value. The fair market value of the bullion and bullion coins is comprised of two components: (1) published market values attributable to the costs of the raw precious metal, and (2) a published premium paid at acquisition of the metal. The premium is attributable to the additional value of the product in its finished goods form and the market value attributable solely to the premium may be readily determined, as it is published by multiple reputable sources.
	The Company’s inventories, except for certain lower of cost or market basis products (as discussed below), are subsequently recorded at their fair market values, that is, "marked-to-market". The daily changes in the fair market value of our inventory are offset by daily changes in the fair market value of hedging derivatives that are taken with respect to our inventory positions; both the change in the fair market value of the inventory and the change in the fair market value of these derivative instruments are recorded in cost of sales in the condensed consolidated statements of income.
	While the premium component included in inventories is marked-to-market, our commemorative coin inventory, including its premium component, is held at the lower of cost or market, because the value of commemorative coins is more influenced by supply and demand determinants than on the underlying spot price of the precious metal content of the commemorative coins. Unlike our bullion coins, the value of commemorative coins is not subject to the same level of volatility as bullion coins because our commemorative coins typically carry a substantially higher premium over the spot metal price than bullion coins. As of September 30, 2014 and June 30, 2014 the premium component included in inventory was $2.8 million and $3.3 million, respectively. Our commemorative coin inventory totaled $0.8 million and $2.6 million as of September 30, 2014 and June 30, 2014, respectively. (See Note 4). Neither the commemorative coin inventory nor the premium component of our inventory is hedged.
	Inventories include amounts borrowed from suppliers under arrangements to purchase precious metals on an unallocated basis. Unallocated or pool metal represents an unsegregated inventory position that is due on demand, in a specified physical form, based on the total ounces of metal held in the position. Amounts under these arrangements require delivery either in the form of precious metals or cash. Corresponding obligations related to liabilities on borrowed metals are reflected on the condensed consolidated balance sheets and totaled $12.0 million and $8.7 million, respectively as of September 30, 2014 and June 30, 2014. The Company mitigates market risk of its physical inventories through commodity hedge transactions. The Company also protects substantially all of its physical inventories from market risk through commodity hedge transactions (see Note 11).
	The Company periodically loans metals to customers on a short-term consignment basis, charging interest fees based on the value of the metals loaned. Inventories loaned under consignment arrangements to customers as of September 30, 2014 and June 30, 2014 totaled $4.3 million and $11.1 million. Such inventories are removed at the time the customers elect to price and purchase the metals, and the Company records a corresponding sale and receivable. Substantially, all inventories loaned under consignment arrangements are collateralized for the benefit of the Company.
	Inventory includes amounts for obligations under product financing agreement. The Company enters into an agreement for the sale of gold and silver at a fixed price to a third party. This inventory is restricted and the Company is allowed to repurchase the inventory at an agreed-upon price based on the spot price on the repurchase date. The third party charges a monthly fee as percentage of the market value of the outstanding obligation; such monthly charge is classified in interest expense in the condensed consolidated statements of income. These transactions do not qualify as sales and therefore have been accounted for as financing arrangements and reflected in the condensed consolidated balance sheet within product financing arrangement. The obligation is stated at the amount required to repurchase the outstanding inventory. Both the product financing and the underlying inventory (which is entirely restricted) are carried at fair value, with changes in fair value included as component of cost of precious metals sold. Such obligation totaled $20.6 million and $24.6 million as of September 30, 2014 and June 30, 2014, respectively.
	The Company enters into arrangements with certain customers under which A-Mark purchases precious metals products that are subject to repurchase by the customer at the fair value of the of the product on the repurchase date. The Company or the counterparty may terminate any such arrangement with 14 days notice.  Upon termination the customer’s rights to repurchase any remaining inventory is forfeited.
Property and Equipment and Depreciation	'
	Property and Equipment and Depreciation
	Property and equipment is stated at cost less accumulated depreciation. Depreciation is calculated using a straight line method based on the estimated useful lives of the related assets, ranging from three years to five years.
Goodwill and Other Purchased Intangible Assets	'
	Goodwill and Purchased Intangible Assets
	Goodwill is recorded when the purchase price paid for an acquisition exceeds the estimated fair value of the net identified tangible and intangible assets acquired.
	Goodwill and other indefinite life intangibles are evaluated for impairment annually in the fourth quarter of the fiscal year (or more frequently if indicators of potential impairment exist) in accordance with the Intangibles - Goodwill and Other Topic 350 of the ASC. Other purchased intangible assets continue to be amortized over their useful lives and are evaluated for impairment when events or changes in business circumstances indicate that the carrying amount of the assets may not be recoverable. The Company may first qualitatively assess whether relevant events and circumstances make it more likely than not that the fair value of the reporting unit's goodwill is less than its carrying value. If, based on this qualitative assessment, management determines that goodwill is more likely than not to be impaired, the two-step impairment test is performed. This first step in this test includes comparing the fair value of each reporting unit to its carrying value, including goodwill. If the carrying amount of a reporting unit exceeds its fair value, the second step in the test is performed, which is measurement of the impairment loss. The impairment loss is calculated by comparing the implied fair value of goodwill, as if the reporting unit has been acquired in a business combination, to its carrying amount. As of September 30, 2014 and June 30, 2014, the Company had no impairments.
	If the Company determines it will quantitatively assess impairment, the Company utilizes the discounted cash flow method to determine the fair value of each of its reporting units. In calculating the implied fair value of the reporting unit's goodwill, the present value of the reporting unit's expected future cash flows is allocated to all of the other assets and liabilities of that unit based on their fair values. The excess of the present value of the reporting unit's expected future cash flows over the amount assigned to its other assets and liabilities is the implied fair value of goodwill. In calculating the implied value of the Company's trade names, the Company uses the present value of the relief from royalty method.
	Amortizable intangible assets are being amortized on a straight-line basis which approximates economic use, over periods ranging from four years to fifteen years. The Company considers the useful life of the trademarks to be indefinite. The Company tests the value of the trademarks and trade name annually for impairment.
Long-Lived Assets	'
	Long-Lived Assets
	Long-lived assets, other than goodwill and purchased intangible assets with indefinite lives are evaluated for impairment when events or changes in business circumstances indicate that the carrying amount of the assets may not be recoverable. In evaluating impairment, the carrying value of the asset is compared to the undiscounted estimated future cash flows expected to result from the use of the asset and its eventual disposition. An impairment loss is recognized when estimated future cash flows are less than the carrying amount. Estimates of future cash flows may be internally developed or based on independent appraisals and significant judgment is applied to make the estimates. Changes in the Company's strategy, assumptions and/or market conditions could significantly impact these judgments and require adjustments to recorded amounts of long-lived assets. As of September 30, 2014 and June 30, 2014, management concluded that an impairment write-down was not required.
Investments	'
	Investments
	Investments into ownership interest in noncontrolled entities that do not have readily determinable fair values (i.e., non-marketable equity securities) under Cost Method Investments Topic 325-20 of the ASC ("ASC 325-20") are initially recorded at cost. Income is recorded for dividends received that are distributed from net accumulated earnings of the noncontrolled entity subsequent to the date of investment. Dividends received in excess of earnings subsequent to the date of investment are considered a return of investment and are recorded as reductions in the cost of the investment. Investments are written down only when there is clear evidence that a decline in value that is other than temporary has occurred. The Company assesses all cost-method investments for impairment quarterly. Below is a summary of the Company's cost-method investments.
	On February 18, 2014, the Company purchased 2.5% of issued and outstanding Class A common stock of a nonpublic, online retailer of generic gold and silver coins and bullion (and a customer of the Company) for $0.5 million. On September 19, 2014, the Company entered into an agreement with a separate customer (also a nonpublic, online retailer of generic gold and silver coins and bullion) to purchase up to 9% of its issued and outstanding common stock, on a fully diluted basis, in two tranches, for an aggregate purchase price of $2.0 million. The closing of the first tranche of the second transaction, for 5% of the retailer's issued and outstanding common stock at a purchase price equal to $1.1 million, took place on September 19, 2014. The closing of the second tranche of the second transaction, for 4% of the retailer's issued and outstanding common stock at a purchase price equal to $0.9 million, will take place on prior to February 15, 2015; provided that A-Mark’s obligation to close the second tranche is subject to various conditions relating to minimum sales and gross profit during the preceding six months.
	In connection with both transactions, the Company entered into exclusive supplier agreements, pursuant to which the retailers will purchase all bullion products required for their respective businesses exclusively from A-Mark for a period of 5.0 years and 3.0 years, respectively (subject to renewal and earlier termination under certain circumstances). In the case of the second transaction, A-Mark (i) will continue to provide fulfillment services to the retailer under the terms of a previously existing fulfillment agreement, and (ii) has the right to appoint a board member to the board of directors of the retailer.
	As of September 30, 2014, the aggregate carrying amount of the Company’s cost-method investments was $1.6 million. There were no identifiable events or changes in circumstances that may have had a significant adverse effect on the fair value. As a result, no impairment loss was recorded, nor were any dividends received during the three months ended September 30, 2014. For the three months ended September 30, 2014 the Company had aggregate sales of $87.9 million and aggregate purchases of $65.5 million, respectively, with these entities. For the three months ended September 30, 2013 the Company had aggregate sales of $36.3 million and aggregate purchases of $14.5 million, respectively, with these entities. As of September 30, 2014, the aggregate balance of payables due to and the aggregate balance of receivables due from these entities totaled $12.4 million and $11.0 million, respectively. As of June 30, 2014, the aggregate balance of payables due to and the aggregate balance of receivables due from these entities totaled $3.5 million and $2.6 million, respectively.
Fair Value Measurements	'
	Fair Value Measurement
	The Fair Value Measurements and Disclosures Topic 820 of the ASC ("ASC 820"), creates a single definition of fair value for financial reporting. The rules associated with ASC 820 state that valuation techniques consistent with the market approach, income approach and/or cost approach should be used to estimate fair value. Selection of a valuation technique, or multiple valuation techniques, depends on the nature of the asset or liability being valued, as well as the availability of data.
	Fair Value of Financial Instruments
	The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments as of September 30, 2014 and June 30, 2014.
	in thousands
			September 30, 2014				June 30, 2014
			Carrying Amount		Fair value		Carrying Amount		Fair value
	Financial assets:
	Cash		$	4,657	$	4,657	$	13,193	$	13,193
	Receivables, advances receivables and secured loans		97,273		97,273		80,640		80,640
	Derivative assets - open sale and purchase commitments, net, included in receivable		2,628		2,628		22,170		22,170
	Derivative assets - futures contracts included in receivable		27,071		27,071		—		—
	Derivative assets - forward contracts included in receivable		16,510		16,510		14		14
	Income taxes receivable from Former Parent		3,139		3,139		3,139		3,139
	Financial liabilities:
	Lines of credit		$	128,000	$	128,000	$	135,200	$	135,200
	Liability for borrowed metals		11,998		11,998		8,709		8,709
	Product financing obligation		20,613		20,613		24,610		24,610
	Derivative liabilities - open sale and purchase commitments, net, included in payables		49,139		49,139		848		848
	Derivative liabilities - futures contracts included in payables		—		—		8,078		8,078
	Derivative liabilities - forward contracts included in payables		—		—		14,873		14,873
	Accounts payable, margin accounts, advances and other payables		55,783		55,783		53,627		53,627
	Accrued liabilities		3,935		3,935		6,070		6,070
	The fair values of the financial instruments shown in the above table as of September 30, 2014 and June 30, 2014 represent the amounts that would be received to sell those assets or that would be paid to transfer those liabilities in an orderly transaction between market participants at that date. Those fair value measurements maximize the use of observable inputs. However, in situations where there is little, if any, market activity for the asset or liability at the measurement date, the fair value measurement reflects the Company’s own judgments about the assumptions that market participants would use in pricing the asset or liability. Those judgments are developed by the Company based on the best information available in the circumstances, including expected cash flows and appropriately risk‑adjusted discount rates, available observable and unobservable inputs.
	The carrying amounts of cash and cash equivalents, receivables and secured loans, accounts receivable and consignor advances, and accounts payable approximated fair value due to their short-term nature. The carrying amounts of lines of credit approximate fair value based on the borrowing rates currently available to the Company for bank loans with similar terms and average maturities.
	Valuation Hierarchy
	Topic 820 of the ASC established a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:
	•	Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
	•	Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.
	•	Level 3 - inputs to the valuation methodology are unobservable and significant to the fair value measurement.
	The significant assumptions used determine the carrying fair value and related fair value of the financial instruments are described below:
	Inventory. Inventories principally include bullion and bullion coins and are acquired and initially recorded at fair market value. The fair market value of the bullion and bullion coins is comprised of two components: 1) published market values attributable to the costs of the raw precious metal, and 2) a published premium paid at acquisition of the metal. The premium is attributable to the additional value of the product in its finished goods form and the market value attributable solely to the premium may be readily determined, as it is published by multiple reputable sources. Except for commemorative coin inventory, which are included in inventory at the lower of cost or market, the Company’s inventories are subsequently recorded at their fair market values on a daily basis. The fair value for commodities inventory (i.e., inventory excluding commemorative coins) is determined using pricing and data derived from the markets on which the underlying commodities are traded. Precious metals commodities inventory are classified in Level 1 of the valuation hierarchy.
	Derivatives. Futures contracts, forward contracts and open sale and purchase commitments are valued at their intrinsic values, based on the difference between the quoted market price and the contractual price, and are included within Level 1 of the valuation hierarchy.
	Margin and Borrowed Metals Liabilities. Margin and borrowed metals liabilities consist of the Company's commodity obligations to margin customers and suppliers, respectively. Margin liabilities and borrowed metals liabilities are carried at fair value, which is determined using quoted market pricing and data derived from the markets on which the underlying commodities are traded. Margin and borrowed metals liabilities are classified in Level 1 of the valuation hierarchy.
	Product Financing Obligations. Product financing obligations consist of financing agreements for the transfer and subsequent re-acquisition of the sale of gold and silver at a fixed price to a third party. Such transactions allow the Company to repurchase this inventory at an agreed-upon price based on the spot price on the repurchase date. The third party charges monthly interest as a percentage of the market value of the outstanding obligation, which is carried at fair value. The obligation is stated at the amount required to repurchase the outstanding inventory. Fair value is determined using quoted market pricing and data derived from the markets on which the underlying commodities are traded. Product financing obligations are classified in Level 1 of the valuation hierarchy.
	The following tables present information about the Company's assets and liabilities measured at fair value on a recurring basis as of September 30, 2014 and June 30, 2014 aggregated by the level in the fair value hierarchy within which the measurements fall:
			September 30, 2014
			Quoted Price in
			Active Markets		Significant Other		Significant
			for Identical		Observable		Unobservable
			Instruments		Inputs		Inputs
	in thousands		(Level 1)		(Level 2)		(Level 3)		Total Balance
	Assets:
	Inventory (1)		$	158,424	$	—	$	—	$	158,424
	Derivative assets — open sale and purchase commitments, net		2,628		—		—		2,628
	Derivative assets — futures contracts		27,071		—		—		27,071
	Derivative assets — forward contracts		16,510		—		—		16,510
	Total assets valued at fair value		$	204,633	$	—	$	—	$	204,633
	Liabilities:
	Liability on borrowed metals		$	11,998	$	—	$	—	$	11,998
	Product financing arrangement		20,613		—		—		20,613
	Liability on margin accounts		5,333		—		—		5,333
	Derivative liabilities — open sales and purchase commitments, net		49,139		—		—		49,139
	Total liabilities, valued at fair value		$	87,083	$	—	$	—	$	87,083
	____________________
	(1) Commemorative coin inventory totaling $0.8 million is held at lower of cost or market and is thus excluded from this table.
			June 30, 2014
			Quoted Price in
			Active Markets		Significant Other		Significant
			for Identical		Observable		Unobservable
			Instruments		Inputs		Inputs
	in thousands		(Level 1)		(Level 2)		(Level 3)		Total Balance
	Assets:
Inventory		$	172,990	$	—	$	—	$	172,990
Derivative assets — open sale and purchase commitments, net		22,170		—		—		—
Derivative assets — forward contracts		14		—		—		14
Total assets, valued at fair value		$	195,174	$	—	$	—	$	195,174
Liabilities:
Liability on borrowed metals		$	8,709	$	—	$	—	$	8,709
Product financing arrangement		24,610		—		—		24,610
Liability on margin accounts		8,983		—		—		8,983
Derivative liabilities — open sale and purchase commitments, net		848		—		—		848
Derivative liabilities — futures contracts		8,078		—		—		8,078
Derivative liabilities — forward contracts		14,873		—		—		14,873
Total liabilities valued at fair value		$	66,101	$	—	$	—	$	66,101
____________________
(1) Commemorative coin inventory totaling $2.6 million is held at lower of cost or market and is thus excluded from this table.
There were no transfers in or out of Level 2 or 3 during the three months ended September 30, 2014.
Assets Measured at Fair Value on a Non-Recurring Basis
Company's goodwill and other intangible assets are measured at fair value on a non-recurring basis. These assets are measured at cost but are written down to fair value if they are impaired. As of September 30, 2014, there were no indications present that the Company's goodwill or other purchased intangibles were impaired, and therefore were not measured at fair value. There were no gains or losses recognized in earnings associated with the above purchased intangibles during the three months ended September 30, 2014.
The Company's investments in ownership interests in noncontrolled entities do not have readily determinable fair values and were initially recorded at cost, $1.6 million, in aggregate. Quoted prices of the investments are not available, and the cost of obtaining an independent valuation appears excessive considering the materiality of the instruments to the Company. There were no gains or losses recognized in earnings associated with the Company's ownership interests in noncontrolled entities during the three months ended September 30, 2014.
Revenue Recognition	'
	Revenue Recognition
	Revenues are recognized when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable, no obligations remain and collection is probable. The Company records sales of precious metals, which occurs upon receipt by the customer. The Company records revenues from its metal assaying and melting services after the related services are completed and the effects of forward sales contracts are reflected in revenue at the date the related precious metals are delivered or the contracts expire. The Company records revenues from its storage and logistics services after the related services are completed.
	The Company accounts for its metals and sales contracts using settlement date accounting. Pursuant to such accounting, the Company recognizes the sale or purchase of the metals at settlement date. During the period between trade and settlement date, the Company has essentially entered into a forward contract that meets the definition of a derivative in accordance with the Derivatives and Hedging Topic 815 of the ASC. The Company records the derivative at the trade date with a corresponding unrealized gain (loss), which is reflected in the cost of sales in the condensed consolidated statements of income. The Company adjusts the derivatives to fair value on a daily basis until the transaction is physically settled. Sales which are physically settled are recognized at the gross amount in the condensed consolidated statements of income.
Interest Income	'
	Interest Income
	The Company uses the effective interest method to recognize interest expense on its secured loans and secured financing transactions. For these arrangements, the Company maintains a security interest in the precious metals and records interest income over the terms of the receivable. Recognition of interest income is suspended and the loan is placed on non-accrual status when management determines that collection of future interest income is not probable. The interest income accrual is resumed, and previously suspended interest income is recognized, when the loan becomes contractually current and/or collection doubts are removed. Cash receipts on impaired loans are recorded first against the receivable and then to any unrecognized interest income (see Note 3).
Derivative Financial Instruments	'
	Derivative Instruments
	The Company’s inventory consists of precious metals products, and for which Company regularly enters into commitment transactions to purchase and sell its precious metal products. The value of our inventory and these commitments is intimately linked to the prevailing price of the underlying precious metal commodity. The Company seeks to minimize the effect of price changes of the underlying commodity and enters into inventory hedging transactions, principally utilizing metals commodity futures contracts traded on national futures exchanges or forward contracts with only major credit worthy financial institutions. All of our commodity derivative contracts are under master netting arrangements and include both asset and liability positions. Substantially all of these transactions are secured by the underlying metals positions. Notional balances of the Company's derivative instruments, consisting of contractual metal quantities, are expressed at current spot prices of the underlying precious metal commodity (see in Note 11).
	Commodity futures and forward contract transactions are recorded at fair value on the trade date. The difference between the original contract value and the market value of the open futures and forward contracts are reflected in receivables or payables in the condensed consolidated balance sheet at fair value (see Note 3 and Note 7).
	The Company records the change between market value and trade value of the underlying open commodity contracts as a derivative asset or liability, and it correspondingly records the related unrealized gains or losses. The change in unrealized gain (loss) on open commodity contracts from one period to the next is reflected in net gain (loss) on derivative instruments. These unrealized gains and losses are included as a component of cost of sales on the condensed consolidated statements of income. Gains or losses resulting from the termination of commodity contracts are reported as realized gains or losses on commodity contracts, which is recorded as a component of cost of sales on the condensed consolidated statement of income.
Advertising	'
	Advertising
	Advertising costs are expensed as incurred.
Shipping and Handling Costs	'
	Shipping and Handling Costs
	Shipping and handling costs represent costs associated with shipping product to customers, and receiving product from vendors. Shipping and handling costs incurred totaled $1.5 million and $1.7 million, respectively, for the three months ended September 30, 2014 and 2013, and are included in cost of sales in the condensed consolidated statements of income.
Share-Based Compensation	'
	Share-Based Compensation
	The Company accounts for equity awards under the provisions of the Compensation - Stock Compensation Topic 718 of the ASC ("ASC 718"), which establishes fair value-based accounting requirements for share-based compensation to employees. ASC 718 requires the Company to recognize the grant-date fair value of stock options and other equity-based compensation issued to employees as expense over the service period in the Company's condensed consolidated financial statements.
	Certain key employees of the Company participated in Stock Incentive Plans of the Former Parent (“Former Plans”). The Former Plans permitted the grant of stock options and other equity awards to employees, officers and non-employee directors. Prior to the Distribution, the equity awards had been settled in shares of SGI stock and A-Mark did not reimburse SGI for the expense, therefore it was treated as a capital contribution to A-Mark. Following the Distribution, the Company settles share-based awards by the delivery of shares of the Company's common stock.
	The equity awards assumed by A-Mark in connection of the spinoff contained substantially identical terms, conditions and vesting schedules as the previously outstanding. In accordance with the guidance in ASC 718, the assumption shares qualify as a modification of an equity compensation award. As such, the Company calculated the incremental fair value of the awards immediately prior to and after their modification and determined that there was no positive incremental equity compensation cost that was required to be expensed or amortized. Pertaining to the modified awards of A-Mark's employee and non-employees as of the Distribution date, the Company amortizes the unvested awards based on the fair value and vesting schedule based on the original grant date, as determined by SGI. Pertaining to the modified awards of SGI's employee and non-employees for which A-Mark assumed, the Company does not record compensation expense.
Income Taxes	'
	Income Taxes
	As part of the process of preparing its condensed consolidated financial statements, the Company is required to estimate its provision for income taxes in each of the tax jurisdictions in which it conducts business, in accordance with the Income Taxes Topic 740 of the ASC ("ASC 740"). The Company computes its annual tax rate based on the statutory tax rates and tax planning opportunities available to it in the various jurisdictions in which it earns income. Significant judgment is required in determining the Company's annual tax rate and in evaluating uncertainty in its tax positions. The Company recognizes a benefit for tax positions that it believes will more likely than not be sustained upon examination. The amount of benefit recognized is the largest amount of benefit that the Company believes has more than a 50% probability of being realized upon settlement. The Company regularly monitors its tax positions and adjusts the amount of recognized tax benefit based on its evaluation of information that has become available since the end of its last financial reporting period. The annual tax rate includes the impact of these changes in recognized tax benefits. When adjusting the amount of recognized tax benefits, the Company does not consider information that has become available after the balance sheet date, but does disclose the effects of new information whenever those effects would be material to the Company's condensed consolidated financial statements. The difference between the amount of benefit taken or expected to be taken in a tax return and the amount of benefit recognized for financial reporting represents unrecognized tax benefits. These unrecognized tax benefits are presented in the condensed consolidated balance sheet principally within accrued liabilities.
	The Company records valuation allowances to reduce deferred tax assets to the amount that is more likely than not to be realized. Significant judgment is applied when assessing the need for valuation allowances. Areas of estimation include the Company's consideration of future taxable income and ongoing prudent and feasible tax planning strategies. Should a change in circumstances lead to a change in judgment about the utilization of deferred tax assets in future years, the Company would adjust related valuation allowances in the period that the change in circumstances occurs, along with a corresponding increase or charge to income. Changes in recognized tax benefits and changes in valuation allowances could be material to the Company's results of operations for any period, but is not expected to be material to the Company's condensed consolidated financial position.
	The Company accounts for uncertainty in income taxes under the provisions of ASC 740. These provisions clarify the accounting for uncertainty in income taxes recognized in an enterprise's financial statements, and prescribe a recognition threshold and measurement criteria for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The provisions also provide guidance on de-recognition, classification, interest, and penalties, accounting in interim periods, disclosure, and transition. The potential interest and/or penalties associated with an uncertain tax position are recorded in provision for income taxes on the condensed consolidated statements of income. Please refer to Note 8 for further discussion regarding these provisions.
	Income taxes are accounted for using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements.  Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. A valuation allowance is provided when it is more likely than not that some portion or all of the net deferred tax assets will not be realized. The factors used to assess the likelihood of realization include the Company's forecast of the reversal of temporary differences, future taxable income and available tax planning strategies that could be implemented to realize the net deferred tax assets. Failure to achieve forecasted taxable income in applicable tax jurisdictions could affect the ultimate realization of deferred tax assets and could result in an increase in the Company's effective tax rate on future earnings.
	Based on our assessment it appears more likely than not that most of the net deferred tax assets will be realized through future taxable income. Management has established a valuation allowance against the deferred taxes related to certain state net operating loss carryovers. Management believes the utilization of these losses may be limited. We will continue to assess the need for a valuation allowance for our remaining deferred tax assets in the future.
	The Company's condensed consolidated financial statements recognized the current and deferred income tax consequences that result from the Company's activities during the current and preceding periods, as if the Company were a separate taxpayer prior to the date of the Distribution rather than a member of the Former Parent's consolidated income tax return group. Current tax receivable reflects balances due from the Former Parent for the Company's share of the income tax assets of the group.
	Following the Distribution, the Company files federal and state income tax filings that are separate from the SGI tax filings. The Company recognizes current and deferred income taxes as a separate taxpayer for periods ending after the date of Distribution.
Earnings per Share (EPS)	'
	Earnings per Share ("EPS")
	The Company computes and reports both basic EPS and diluted EPS. Basic EPS is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net earnings by the sum of the weighted average number of common shares and dilutive common stock equivalents outstanding during the period. Diluted EPS reflects the total potential dilution that could occur from outstanding equity awards, including unexercised stock options, utilizing the treasury stock method.
	To determine the weighted average number of common shares outstanding for the periods presented prior to the Distribution, the Former Parent's weighted average number of common shares outstanding was multiplied by distribution ratio of one share of the Company's common stock for every four shares of the Former Parent's common stock. Thereafter, the weighted average number of common shares outstanding was based on the Company's basic and fully diluted share figures.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU No. 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchases Financings, and Disclosures, which requires that repurchase-to-maturity transactions be accounted for as secured borrowings consistent with the accounting for other repurchase agreements. In additions, the amendments require separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement. ASU 2014-11 is effective beginning annual periods beginning after December 15, 2014 and for interim periods beginning after March 15, 2015. We are currently evaluating the impact of our pending adoption of ASU 2014-11 on our consolidated financial statements.
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP.
	The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). We are currently evaluating the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard in 2017.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Schedules of concentration of risk, by risk factor	'
	Customers providing 10 percent or more of the Company's revenues for the three months ended September 30, 2014 and 2013 are listed below:
	in thousands
		Three Months Ended
		September 30, 2014							September 30, 2013
		Amount				Percent			Amount			Percent
	Total revenue	$	1,453,466			100	%		$	1,496,025		100	%
	Customer concentrations
	HSBC Bank USA	$	534,538			36.8	%		$	312,545		20.9	%
	US Mint	109,223				7.5			168,680			11.3
	Total	$	643,761			44.3	%		$	481,225		32.2	%
	Customers providing 10 percent or more of the Company's accounts receivable, excluding $38.6 million and $41.3 million of secured loans and derivative assets of $46.2 million and $22.2 million, as of September 30, 2014 and June 30, 2014, respectively, are listed below:
	in thousands
		September 30, 2014							June 30, 2014
		Amount				Percent			Amount			Percent
	Total accounts receivable, net (excluding secured loans and derivative assets)	$	58,676			100	%		$	39,409		100	%
	Customer concentrations
	United States Mint	$	38,127			65	%		$	—		—	%
	Veris Gold	7,103				12.1			—			—
	Total	$	45,230			77.1	%		$	—		—	%
	Customers providing 10 percent or more of the Company's secured loans as of September 30, 2014 and June 30, 2014, respectively, are listed below:
	in thousands
		30-Sep-14							June 30, 2014
		Amount				Percent			Amount			Percent
	Total secured loans	$	38,627			100	%		$	41,261		100	%
	Customer concentrations
	Customer A	$	5,640			14.6	%		$	3,771		9.1	%
	Customer B	4,200				10.9			4,200			10.2
	Customer C	4,075				10.5			4,103			10
	Total	$	13,915			36	%		$	12,074		29.3	%
Schedule of financial instruments not required to be carried at fair value	'
	The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments as of September 30, 2014 and June 30, 2014.
	in thousands
		September 30, 2014								June 30, 2014
		Carrying Amount				Fair value				Carrying Amount			Fair value
	Financial assets:
	Cash	$	4,657			$	4,657			$	13,193		$	13,193
	Receivables, advances receivables and secured loans	97,273				97,273				80,640			80,640
	Derivative assets - open sale and purchase commitments, net, included in receivable	2,628				2,628				22,170			22,170
	Derivative assets - futures contracts included in receivable	27,071				27,071				—			—
	Derivative assets - forward contracts included in receivable	16,510				16,510				14			14
	Income taxes receivable from Former Parent	3,139				3,139				3,139			3,139
	Financial liabilities:
	Lines of credit	$	128,000			$	128,000			$	135,200		$	135,200
	Liability for borrowed metals	11,998				11,998				8,709			8,709
	Product financing obligation	20,613				20,613				24,610			24,610
	Derivative liabilities - open sale and purchase commitments, net, included in payables	49,139				49,139				848			848
	Derivative liabilities - futures contracts included in payables	—				—				8,078			8,078
	Derivative liabilities - forward contracts included in payables	—				—				14,873			14,873
	Accounts payable, margin accounts, advances and other payables	55,783				55,783				53,627			53,627
	Accrued liabilities	3,935				3,935				6,070			6,070
Schedule of fair value, assets and liabilities measured on recurring basis	'
	The following tables present information about the Company's assets and liabilities measured at fair value on a recurring basis as of September 30, 2014 and June 30, 2014 aggregated by the level in the fair value hierarchy within which the measurements fall:
		September 30, 2014
		Quoted Price in
		Active Markets				Significant Other				Significant
		for Identical				Observable				Unobservable
		Instruments				Inputs				Inputs
	in thousands	(Level 1)				(Level 2)				(Level 3)			Total Balance
	Assets:
	Inventory (1)	$	158,424			$	—			$	—		$	158,424
	Derivative assets — open sale and purchase commitments, net	2,628				—				—			2,628
	Derivative assets — futures contracts	27,071				—				—			27,071
	Derivative assets — forward contracts	16,510				—				—			16,510
	Total assets valued at fair value	$	204,633			$	—			$	—		$	204,633
	Liabilities:
	Liability on borrowed metals	$	11,998			$	—			$	—		$	11,998
	Product financing arrangement	20,613				—				—			20,613
	Liability on margin accounts	5,333				—				—			5,333
	Derivative liabilities — open sales and purchase commitments, net	49,139				—				—			49,139
	Total liabilities, valued at fair value	$	87,083			$	—			$	—		$	87,083
	____________________
	(1) Commemorative coin inventory totaling $0.8 million is held at lower of cost or market and is thus excluded from this table.
		June 30, 2014
		Quoted Price in
		Active Markets				Significant Other				Significant
		for Identical				Observable				Unobservable
		Instruments				Inputs				Inputs
	in thousands	(Level 1)				(Level 2)				(Level 3)			Total Balance
	Assets:
	Inventory	$	172,990			$	—			$	—		$	172,990
	Derivative assets — open sale and purchase commitments, net	22,170				—				—			—
	Derivative assets — forward contracts	14				—				—			14
	Total assets, valued at fair value	$	195,174			$	—			$	—		$	195,174
	Liabilities:
	Liability on borrowed metals	$	8,709			$	—			$	—		$	8,709
	Product financing arrangement	24,610				—				—			24,610
	Liability on margin accounts	8,983				—				—			8,983
	Derivative liabilities — open sale and purchase commitments, net	848				—				—			848
	Derivative liabilities — futures contracts	8,078				—				—			8,078
	Derivative liabilities — forward contracts	14,873				—				—			14,873
	Total liabilities valued at fair value	$	66,101			$	—			$	—		$	66,101
	____________________
	(1) Commemorative coin inventory totaling $2.6 million is held at lower of cost or market and is thus excluded from this table.
Summary of net gains (losses) on derivative instruments	'
	Below, is a summary of the net gains (losses) on derivative instruments for the three months ended September 30, 2014 and 2013.
	in thousands
		Three Months Ended
		September 30, 2014				September 30, 2013
	Gain (loss) on derivative instruments:
	Unrealized gain (loss) on open future commodity and forward contracts and open sale and purchase commitments, net	$	1,278			$	(15,886	)
	Realized loss on future commodity contracts, net	(7,634		)		(1,703		)
	Total	$	(6,356	)		$	(17,589	)
Schedule of earnings per share	'
	in thousands
		Three Months Ended
		September 30, 2014			September 30, 2013
	Basic weighted average shares outstanding (1)(2)	6,963			7,730
	Effect of common stock equivalents — stock issuable under outstanding equity awards	103			145
	Diluted weighted average shares outstanding (2)	7,066			7,875
	_________________________________
	-1	Basic weighted average shares outstanding include the effect of vested but unissued restricted stock grants.
	-2	Basic and diluted income per share was based on historical SGI basic and fully diluted share figures through March 14, 2014, the distribution date. Amounts shown were retroactively adjusted to give effect for the share distribution in connection with the spinoff, on the basis of one share of A-Mark stock issued for every four shares of SGI stock held through the distribution date. Thereafter, basic and diluted income per share was based on the Company's basic and fully diluted share figures.

Receivables_Tables

Receivables (Tables)	3 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Schedule of receivables and secured loans	'
	Receivables and secured loans consist of the following as of September 30, 2014 and June 30, 2014:
	in thousands
		September 30, 2014			June 30, 2014
	Customer trade receivables	$	41,250		$	1,744
	Wholesale trade advances	15,292			4,586
	Due from brokers	2,134			33,079
	Subtotal	58,676			39,409
	Secured loans	38,627			41,261
	Subtotal	97,303			80,670
	Less: allowance for doubtful accounts	(30		)	(30		)
	Subtotal	97,273			80,640
	Derivative assets — open sale and purchase commitments, net	2,628			22,170
	Derivative assets — futures contracts	27,071			—
	Derivative assets — forward contracts	16,510			14
	Receivables, net	$	143,482		$	102,824
Schedule of classes for financing receivables	'
	The Company's secured loans by portfolio class, which align with management reporting, are as follows:
	in thousands
		September 30, 2014						June 30, 2014
	Bullion	$	14,542		37.6	%		$	17,361			42.1	%
	Numismatic and semi numismatic	24,085			62.4			23,900				57.9
	Total secured loans	$	38,627		100	%		$	41,261			100	%
Financing receivable credit quality indicators	'
	The Company disaggregates its secured loans as follows:
	in thousands
		30-Sep-14						30-Jun-14
	Loan-to-value of 75% or more	$	14,791		38.3	%		$	11,950			29	%
	Loan-to-value of less than 75%	23,836			61.7			29,311				71
	Total secured loans	$	38,627		100	%		$	41,261			100	%
Schedule of activity in allowance for doubtful accounts	'
	As summary of the activity in the allowance for doubtful accounts is as follows:
	in thousands
	Period ended:	Beginning Balance			Provision				Charge-off				Ending Balance
	Three Months Ended September 30, 2014	$	30		$	—			$	—			$	30
	Year Ended June 30, 2014	$	104		$	—			$	(74	)		$	30

Property_and_Equipment_Tables

Property and Equipment (Tables)	3 Months Ended
	Sep. 30, 2014
Property, Plant and Equipment [Abstract]	'
Schedule of Property and Equipment	'
	Property and equipment consists of the following at September 30, 2014 and June 30, 2014:
	in thousands
		September 30, 2014			June 30, 2014
	Office furniture, fixtures and equipment	$	490		$	490
	Computer equipment	338			323
	Computer software	2,372			2,333
	Leasehold improvements	260			260
	Subtotal	3,460			3,406
	Less: accumulated depreciation	(1,861		)	(1,728		)
	Property and equipment, net	$	1,599		$	1,678

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of other purchased intangible assets	'
	The carrying value of other purchased intangibles as of September 30, 2014 and June 30, 2014 is as described below:
	dollar amounts in thousands
				September 30, 2014							June 30, 2014
		Estimated Useful Lives (Years)		Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
	Trade-name	Indefinite		$	454	$	—		$	454	$	454	$	—		$	454
	Existing customer relationships	15-May		5,747		(3,544		)	2,203		5,747		(3,448		)	2,299
	Non-compete and other	4		2,000		(2,000		)	—		2,000		(2,000		)	—
	Employment agreement	3		195		(195		)	—		195		(195		)	—
	Purchased intangibles subject to amortization			7,942		(5,739		)	2,203		7,942		(5,643		)	2,299
				$	8,396	$	(5,739	)	$	2,657	$	8,396	$	(5,643	)	$	2,753
Schedule of future amortization expense	'
	Estimated amortization expense on an annual basis for the succeeding five years is as follows (in thousands):
	Fiscal year ending June 30,		Amount
	2015 (9 months remaining)		$	288
	2016		385
	2017		385
	2018		385
	2019		385
	Thereafter		375
	Total		$	2,203

Accounts_Payables_Tables

Accounts Payables (Tables)	3 Months Ended
	Sep. 30, 2014
Accounts Payable, Current [Abstract]	'
Accounts payable	'
	Accounts payable consist of the following:
	in thousands
		September 30, 2014		June 30, 2014
	Trade payable to customers payables	$	960	$	366
	Advances from customers	12,809		38,739
	Liability on deferred revenue	19,510		4,177
	Net liability on margin accounts	5,333		8,983
	Due to brokers	15,875		—
	Other accounts payable	1,296		1,362
	Subtotal	55,783		53,627
	Derivative liabilities — open sales and purchase commitments, net	49,139		848
	Derivative liabilities — futures contracts	—		8,078
	Derivative liabilities — forward contracts	—		14,873
		$	104,922	$	77,426

Income_Taxes_Tables

Income Taxes (Tables)	3 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of components of income tax expense (benefit)	'
	The provision for (benefit from) income taxes for the three months ended September 30, 2014 and 2013 consists of the following:
	in thousands
	Three Months Ended September 30,	2014			2013
	U.S	$	778		$	1,520
	Foreign	—			—
	Provision for Income taxes	$	778		$	1,520
Schedule of effective income tax rate	'
	The effective tax rate for the three months ended September 30, 2014 and 2013 is as follows:
	in thousands
	Three Months Ended September 30,	2014		2013
	Effective tax rate	40.6	%	39.1	%

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	3 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	in thousands
		Three Months Ended
		September 30, 2014				September 30, 2013
		Sales		Purchases		Sales		Purchases
	Related Party Company
	Calzona	$	157	$	—	$	868	$	—
	SNI (now doing business as Stack's Bower)	224		1,648		2,171		466
	Stack's Bower	578		898		346		1,121
	Teletrade (now doing business as Stack's Bowers)	593		375		481		864
	Related party, total	$	1,552	$	2,921	$	3,866	$	2,451
	As of September 30, 2014 and June 30, 2014, the Company's had related party receivables and payables balance as set forth below:
	in thousands
		September 30, 2014				June 30, 2014
		Receivables		Payable		Receivables		Payable
	Related Party Company
	Calzona	$	—	$	—	$	—	$	67
	SNI (now doing business as Stack's Bowers)	103		—		—		72
	Stack's Bowers	29		—		2,563		—
	Teletrade (now doing business as Stack's Bowers)	—		—		—		133
	SGI (Former Parent)	3,289		83		3,289		—
	Related party, total	$	3,421	83		$	5,852	$	272

Hedging_Transactions_Tables

Hedging Transactions (Tables)	3 Months Ended
	Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of market values of derivative instruments	'
	The following table summarizes the results of our hedging activities as follows at September 30, 2014 and at June 30, 2014, showing the precious metal commodity inventory position, net of open sale and purchase commitments, which is subject to price risk:
	in thousands
		September 30, 2014			June 30, 2014
	Inventory	$	159,240		$	175,554
	Less unhedgable inventory:
	Commemorative coin inventory, held at lower of cost or market	(816		)	(2,564		)
	Premium on metals position	(2,778		)	(3,285		)
	Inventory value not hedged	(3,594		)	(5,849		)
	Subtotal	155,646			169,705
	Commitments at market:
	Open inventory purchase commitments	429,522			489,944
	Open inventory sales commitments	(145,283		)	(190,108		)
	Margin sale commitments	(10,610		)	(15,751		)
	In-transit inventory no longer subject to market risk	(34,993		)	(4,522		)
	Unhedgable premiums on open commitment positions	271			1,694
	Inventory borrowed from suppliers	(11,998		)	(8,709		)
	Product financing obligation	(20,613		)	(24,610		)
	Advances on industrial metals	1,915			8,813
	Inventory subject to price risk	363,857			426,456
	Inventory subject to derivative financial instruments:
	Precious metals forward contracts at market values	158,770			206,055
	Precious metals futures contracts at market values	205,031			220,984
	Total market value of derivative financial instruments	363,801			427,039
	Net inventory subject to commodity price risk	$	56		$	(583	)
Schedule of outstanding commitments	'
	As of September 30, 2014 and June 30, 2014, the Company had the following outstanding commitments and open forward and future contracts:
	in thousands
		September 30, 2014			June 30, 2014
	Purchase commitments	$	429,522		$	489,944
	Sales commitments	(145,283		)	(190,108		)
	Margin sales commitments	(10,610		)	(15,751		)
	Open forward contracts	158,770			206,055
	Open futures contracts	205,031			220,984
Offsetting Assets and Liabilities	'
	In the table below, the aggregate gross and net derivative receivables and payables balances are presented by contract type and type of hedge, as of September 30, 2014 and June 30, 2014.
		September 30, 2014											June 30, 2014
	in thousands	Gross Derivative			Amounts Netted			Cash Collateral Pledge			Net Derivative		Gross Derivative			Amounts Netted			Cash Collateral Pledge			Net Derivative
	Nettable derivative receivables:
	Open sale and purchase commitments	$	4,178		$	(1,550	)	$	—		$	2,628	$	26,282		$	(4,112	)	$	—		$	22,170
	Future contracts	27,071			—			—			27,071		—			—			—			—
	Forward contracts	16,510			—			—			16,510		14			—			—			14
		$	47,759		$	(1,550	)	$	—		$	46,209	$	26,296		$	(4,112	)	$	—		$	22,184
	Nettable derivative payables:
	Open sale and purchase commitments	$	49,768		$	(629	)	$	—		$	49,139	$	1,022		$	(174	)	$	—		$	848
	Margin accounts	10,610			—			(5,277		)	5,333		15,751			—			(6,768		)	8,983
	Future contracts	—			—						—		(15,121		)	—			23,199			8,078
	Forward contracts	—			—			—			—		14,873			—			—			14,873
		$	60,378		$	(629	)	$	(5,277	)	$	54,472	$	16,525		$	(174	)	$	16,431		$	32,782

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	3 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Schedule of share based compensation	'
	During the three months ended September 30, 2014, the Company incurred compensation expense related to stock options granted to the Company's employees (including SGI employees who transferred to the Company in conjunction with the spinoff) that were settleable in shares of SGI common stock (prior to the date of Distribution) and settleable in shares of Company's common stock (subsequent to the date of Distribution and award modification) as set forth below.
	in thousands
	Three Months Ended September 30,		2014				2013
	Stock option based Compensation Cost related to Shares Settleable in:
	SGI common stock		$	—			$	—
	A-Mark common stock		39.6				—
	Total stock option based compensation costs		$	39.6			$	—
Schedule of share-based compensation, stock option activity	'
	The following table summarizes the stock option activity for the three months ended September 30, 2014:
			Options			Weighted Average Exercise Price Per Share				Aggregate Intrinsic Value			Weighted Average Grant Date Fair Value Per Award (1)
										(in thousands)
	Outstanding at June 30, 2014		230,787			$	10			$	407		$	5.98
	Granted through stock option plan		—			—
	Exercised		—			—
	Cancellations, expirations and forfeitures		(660	)		48.02
	Outstanding at September 30, 2014		230,127			9.89				$	446		$	6
	Shares exercisable at September 30, 2014		134,242			11				$	155		$	5.8
	_________________________________
	-1		For awards held by A-Mark employees, the fair value of the awards assumed in Distribution was based awards' fair value at grant date, which were determined by SGI prior to the Distribution. Since, the Company does not recognize compensation costs for the awards assumed in the Distribution held by employees of SGI, the calculation of the weighted average fair value per share price at grant date was solely based on the awards' fair value at grant date that were awarded to employees of A-Mark.
Schedule of share-based compensation, status of stock option outstanding	'
	Following is a summary of the status of stock options outstanding at September 30, 2014:
									Options Outstanding						Options Exercisable
	Exercise Price Ranges								Number of Shares Outstanding			Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price		Number of Shares Exercisable	Weighted Average Remaining Contractual Life (Years)	Weighted Average Exercise Price
	From				To
	$	—			$	10			134,239			8.11	$	8.39	38,354	8.18	$	8.5
	10.01				15				95,888			7.96	12		95,888	7.96	12
									230,127			8.04	9.89		134,242	8.02	11
Schedule of employee service share based compensation cost recognized period cost attributed pre and post spinoff RSUs	'
	During the three months ended September 30, 2014, the Company incurred compensation expense related to RSUs granted to the Company's employees (including SGI employees who transferred to the Company in conjunction with the spinoff) that were settleable in shares of SGI common stock (prior to the date of Distribution) and settleable in shares of Company's common stock (subsequent to the date of Distribution and award modification) as set forth below.
	in thousands
	Three Months Ended September 30,		2014				2013
	RSUs-based Compensation Cost related to Share Settleable in:
	SGI common stock		$	—			$	36.9
	A-Mark common stock		22.6				—
	Total RSUs based compensation costs		$	22.6			$	36.9
Schedule of restricted stock activity	'
	The following table summarizes the RSU activity for the three months ended September 30, 2014:
		Shares			Weighted Average Share Price at Grant Date (1)
	Outstanding at June 30, 2014	106,674			$	2.72
	Shares granted	—			—
	Shares released	—			—
	Shares forfeited	—			—
	Outstanding at September 30, 2014	106,674			$	2.72
	Vested but unissued at September 30, 2014	—			$	—
	_________________________________
	-1		For awards held by A-Mark employees, the fair value of the awards assumed in Distribution was based awards' fair value at grant date, which were determined by SGI prior to the Distribution. Since, the Company does not recognize compensation costs for the awards assumed in the Distribution held by employees of SGI, the calculation of the weighted average share price at grant date was solely based on the awards' fair value at grant date that were awarded to employees of A-Mark.

Geographic_Information_Tables

Geographic Information (Tables)	3 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of segment reporting information, by segment	'
	Revenue are attributed to geographic location based on customer location. The Company's geographic operations are as follows:
	in thousands
		Three Months Ended
		September 30, 2014		September 30, 2013
	Revenue by geographic region:
	United States	$	1,313,486	$	1,300,446
	Europe	54,950		70,304
	North America, excluding United States	71,779		76,766
	Asia Pacific	11,312		47,327
	Australia	1,939		1,150
	South America	—		32
	Total revenue	$	1,453,466	$	1,496,025
	in thousands
		September 30, 2014		June 30, 2014
	Inventories by geographic region:
	United States	$	139,787	$	159,145
	Europe	10,788		10,500
	North America, excluding United States	5,821		4,091
	Asia	2,844		1,818
	Total inventories	$	159,240	$	175,554
	in thousands
		September 30, 2014		June 30, 2014
	Total assets by geographic region:
	United States	$	300,411	$	285,092
	Europe	12,921		14,137
	North America, excluding United States	5,821		4,091
	Asia	2,844		1,818
	Total assets	$	321,997	$	305,138
	in thousands
		30-Sep-14		30-Jun-14
	Total long term assets by segment/geographic region:
	United States	$	10,666	$	9,726
	Europe	85		89
	Total long-term assets	$	10,751	$	9,815

Description_of_Business_Detail

Description of Business (Details) (USD $)	3 Months Ended				0 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 17, 2014	Feb. 12, 2014	Mar. 19, 2014	Mar. 19, 2014	Mar. 19, 2014	Mar. 19, 2014	Mar. 19, 2014	Sep. 30, 2014
					Awards assumed from SGI spin-off	Awards assumed from SGI spin-off	Awards assumed from SGI spin-off	Awards assumed from SGI spin-off	Awards assumed from SGI spin-off	Former Parent SGI Plans
						Restricted Stock Units (RSUs)	Restricted Stock Units (RSUs)	Stock Appreciation Rights (SARs)	Stock Appreciation Rights (SARs)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'	'	'	'	'	'
Common stock, par value (usd per share)	$0.01	$0.01	'	$0.01	'	'	'	'	'	'
Common stock, shares outstanding	6,962,742	7,402,664	7,402,664	'	'	'	'	'	'	'
Cancellation of shares by Former Parent, shares	-71,922	'	'	'	'	'	'	'	'	'
Secondment fee payable	'	'	'	'	'	'	'	'	'	$150,000
Common stock exchange ratio, numerator	1	'	'	'	'	'	'	'	'	'
Common stock exchange ratio, denominator	4.1717	'	'	'	'	'	'	'	'	'
Grants during the period (shares)	'	'	'	'	249,846	130,646	130,646	8,990	8,990	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Narrative) (Details) (USD $)	0 Months Ended	3 Months Ended
	Sep. 19, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 25, 2014	Jun. 30, 2014	Feb. 18, 2014
	tranch	Segment
Property, Plant and Equipment [Line Items]	'	'	'	'	'	'
Number of reportable segments	'	1	'	'	'	'
Premium on metals position	'	$2,778,000	'	'	$3,285,000	'
Commemorative coin inventory, held at lower of cost or market	'	-816,000	'	'	-2,564,000	'
Borrowed metals	'	12,000,000	'	'	8,700,000	'
Inventories loaned under consignment	'	4,300,000	'	'	11,100,000	'
Product under financing arrangement	'	20,600,000	'	'	24,600,000	'
Inventory subject to repurchase included in inventory	'	26,100,000	'	'	24,600,000	'
Ownership percentage	'	'	'	'	'	2.50%
Investments	'	1,611,000	'	'	500,000	500,000
Advertising expense	'	100,000	100,000	'	'	'
Shipping, handling costs	'	1,500,000	1,700,000	'	'	'
Number of tranches	2	'	'	'	'	'
Payment for closing of Tranche A	2,000,000	'	'	'	'	'
Payments to acquire Tranche A	1,100,000	'	'	'	'	'
Payable on closing of Tranche B	'	'	'	900,000	'	'
Cost Method Investment, Exclusive Supplier Agreement, Period, Tranche One	'5 years	'	'	'	'	'
Exclusive supplier agreement, period	'3 years	'	'	'	'	'
Payables	'	83,000	'	'	272,000	'
Receivable	'	3,421,000	'	'	5,852,000	'
Minimum	'	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'	'
Estimated useful lives of related assets	'	'3 years	'	'	'	'
Estimated useful lives of intangibles	'	'4 years	'	'	'	'
Maximum	'	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'	'
Estimated useful lives of related assets	'	'5 years	'	'	'	'
Estimated useful lives of intangibles	'	'15 years	'	'	'	'
Common Class A	'	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'	'
Agreement to purchase noncontrolling interest, percentage	9.00%	'	'	'	'	'
Percentage of stock to be purchased for Tranche A	5.00%	'	'	'	'	'
Percentage of stock to be purchased for Tranche B	4.00%	'	'	'	'	'
Cost-method Investee	'	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'	'
Revenue from related party	'	87,900,000	36,300,000	'	'	'
Purchases from related party	'	65,500,000	14,500,000	'	'	'
Payables	'	12,400,000	'	'	3,500,000	'
Receivable	'	$11,000,000	'	'	$2,600,000	'

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Customer Concentrations) (Details) (USD $)

3 Months Ended

3 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

3 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Revenue

Revenue

Accounts receivable

Accounts receivable

Accounts receivable

Secured loans

Secured loans

HSBC Bank USA

HSBC Bank USA

US Mint

US Mint

US Mint

US Mint

US Mint

Veris Gold

Veris Gold

Veris Gold

Customer A

Customer A

Customer B

Customer B

Customer C

Customer C

Major Customers

Major Customers

Major Customers

Major Customers

Major Customers

Major Customers

Major Customers

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Revenue

Revenue

Revenue

Revenue

Accounts receivable

Accounts receivable

Accounts receivable

Accounts receivable

Accounts receivable

Accounts receivable

Secured loans

Secured loans

Secured loans

Secured loans

Secured loans

Secured loans

Revenue

Revenue

Accounts receivable

Accounts receivable

Accounts receivable

Secured loans

Secured loans

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Customer concentrations

Concentration Risk [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenue

$1,453,466

$1,496,025

'

$1,453,466

$1,496,025

'

'

'

'

'

$534,538

$312,545

$109,223

$168,680

'

'

'

'

'

'

'

'

'

'

'

'

$643,761

$481,225

'

'

'

'

'

Total accounts receivable, net (excluding secured loans and derivative assets)

58,676

'

39,409

'

'

58,676

'

39,409

'

'

'

'

'

'

38,127

'

0

7,103

'

0

'

'

'

'

'

'

'

'

45,230

'

0

'

'

Total secured loans

38,627

'

41,261

'

'

'

'

'

38,627

41,261

'

'

'

'

'

'

'

'

'

'

5,640

3,771

4,200

4,200

4,075

4,103

'

'

'

'

'

13,915

12,074

Concentration risk, percentage

'

'

'

100.00%

100.00%

100.00%

100.00%

'

100.00%

100.00%

36.80%

20.90%

7.50%

11.30%

65.00%

0.00%

'

12.10%

0.00%

'

14.60%

9.10%

10.90%

10.20%

10.50%

10.00%

44.30%

32.20%

77.10%

0.00%

'

36.00%

29.30%

Derivative asset

$46,200

'

$22,200

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Fair Value of Financial Instruments) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Financial assets:	'	'
Receivables, advances receivables and secured loans	$97,273	$80,640
Financial liabilities:	'	'
Liability for borrowed metals	11,998	8,709
Product financing obligation	20,613	24,610
Accrued liabilities	3,935	6,070
Carrying Amount	'	'
Financial assets:	'	'
Cash	4,657	13,193
Receivables, advances receivables and secured loans	97,273	80,640
Income taxes receivable from Former Parent	3,139	3,139
Financial liabilities:	'	'
Lines of credit	128,000	135,200
Liability for borrowed metals	11,998	8,709
Product financing obligation	20,613	24,610
Accounts payable, margin accounts, advances and other payables	55,783	53,627
Accrued liabilities	3,935	6,070
Fair value	'	'
Financial assets:	'	'
Cash	4,657	13,193
Receivables, advances receivables and secured loans	97,273	80,640
Income taxes receivable from Former Parent	3,139	3,139
Financial liabilities:	'	'
Lines of credit	128,000	135,200
Liability for borrowed metals	11,998	8,709
Product financing obligation	20,613	24,610
Accounts payable, margin accounts, advances and other payables	55,783	53,627
Accrued liabilities	3,935	6,070
Open sales and purchase commitments | Carrying Amount	'	'
Financial liabilities:	'	'
Derivative liabilities - open sale and purchase commitments, net, included in payable	49,139	848
Open sales and purchase commitments | Fair value	'	'
Financial liabilities:	'	'
Derivative liabilities - open sale and purchase commitments, net, included in payable	49,139	848
Future contracts | Carrying Amount	'	'
Financial liabilities:	'	'
Derivative liabilities	0	8,078
Future contracts | Fair value	'	'
Financial liabilities:	'	'
Derivative liabilities	0	8,078
Forward contracts | Carrying Amount	'	'
Financial liabilities:	'	'
Derivative liabilities	0	14,873
Forward contracts | Fair value	'	'
Financial liabilities:	'	'
Derivative liabilities	0	14,873
Open sales and purchase commitments | Carrying Amount	'	'
Financial assets:	'	'
Derivative assets - open sale and purchase commitments, net, included in receivable	2,628	22,170
Open sales and purchase commitments | Fair value	'	'
Financial assets:	'	'
Derivative assets - open sale and purchase commitments, net, included in receivable	2,628	22,170
Forward contracts | Carrying Amount	'	'
Financial assets:	'	'
Derivative assets - future and forward contracts	16,510	14
Forward contracts | Fair value	'	'
Financial assets:	'	'
Derivative assets - future and forward contracts	16,510	14
Future contracts | Carrying Amount	'	'
Financial assets:	'	'
Derivative assets - future and forward contracts	27,071	0
Future contracts | Fair value	'	'
Financial assets:	'	'
Derivative assets - future and forward contracts	$27,071	$0

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Fair Value Measurement, Recurring and Nonrecurring) (Details) (USD $)

3 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Fair Value on a Recurring Basis

Level 1

Level 1

Level 2

Level 2

Level 3

Level 3

Fair value

Derivative Asset Open Purchases And Sales Commitments

Derivative Asset Open Purchases And Sales Commitments

Derivative Asset Open Purchases And Sales Commitments

Derivative Asset Open Purchases And Sales Commitments

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Future contracts

Forward contracts

Forward contracts

Forward contracts

Forward contracts

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Open sales and purchase commitments

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Level 1

Level 2

Level 3

Fair Value on a Recurring Basis

Level 1

Level 1

Level 2

Level 2

Level 3

Level 3

Fair value

Fair Value on a Recurring Basis

Level 1

Level 1

Level 2

Level 2

Level 3

Level 3

Fair value

Level 1

Level 2

Level 3

Fair value

Level 1

Level 2

Level 3

Fair value

Fair Value on a Recurring Basis

Level 1

Level 1

Level 2

Level 2

Level 3

Level 3

Fair value

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value on a Recurring Basis

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Inventory

'

'

$158,424,000

$158,424,000

$172,990,000

$0

$0

$0

$0

$172,990,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative assets - future and forward contracts

'

'

'

'

'

'

'

'

'

'

2,628,000

2,628,000

0

0

16,510,000

16,510,000

22,170,000

0

0

0

0

0

27,071,000

27,071,000

14,000

0

0

0

0

14,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total assets valued at fair value

'

'

204,633,000

204,633,000

195,174,000

0

0

0

0

195,174,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Liability on borrowed metals

'

'

11,998,000

11,998,000

8,709,000

0

0

0

0

8,709,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Product financing arrangement

'

'

20,613,000

20,613,000

24,610,000

0

0

0

0

24,610,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Liability on margin accounts

'

'

5,333,000

5,333,000

8,983,000

0

0

0

0

8,983,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,078,000

0

0

8,078,000

14,873,000

0

0

14,873,000

49,139,000

49,139,000

848,000

0

0

0

0

848,000

Total liabilities, valued at fair value

'

'

87,083,000

87,083,000

66,101,000

0

0

0

0

66,101,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to acquire other investments

1,111,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Realized gains on cost method investment

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Derivative Instruments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Derivative [Line Items]	'	'
Realized loss on future commodity contracts, net	($6,356)	($17,589)
Futures Commodity And Forwards Contracts And Open Purchase And Sale Commitments [Member]	'	'
Derivative [Line Items]	'	'
Unrealized gain (loss) on open future commodity and forward contracts and open sale and purchase commitments, net	1,278	-15,886
Commodity Contract	'	'
Derivative [Line Items]	'	'
Realized loss on future commodity contracts, net	($7,634)	($1,703)

Summary_of_Significant_Account8

Summary of Significant Accounting Policies (Earnings per Share) (Details)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Accounting Policies [Abstract]	'	'
Basic weighted average shares outstanding	6,962,742	7,729,500
Effect of common stock equivalents - stock options and stock issuable under employee compensation plans	103,000	145,000
Diluted weighted average shares outstanding	7,065,700	7,875,250

Receivables_Components_of_Rece

Receivables (Components of Receivables and Secured Loans - Trading) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	$97,303	$80,670
Subtotal	58,676	39,409
Secured loans	38,627	41,261
Less: allowance for doubtful accounts	-30	-30
Subtotal	97,273	80,640
Derivative assets — open sale and purchase commitments, net	2,628	22,170
Derivative assets — futures contracts	27,071	0
Derivative assets — forward contracts	16,510	14
Receivables, net	143,482	102,824
Customer trade receivables	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	41,250	1,744
Wholesale trade advances	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	15,292	4,586
Due from brokers	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	$2,134	$33,079

Receivables_Narrative_Details

Receivables (Narrative) (Details) (USD $)

3 Months Ended

3 Months Ended

0 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Jul. 02, 2014

Jun. 30, 2014

Jun. 18, 2014

Jun. 05, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 27, 2013

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Jun. 18, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jun. 30, 2014

Oct. 09, 2014

class

Minimum

Maximum

Maximum

Collateral Finance Corporation

Collateral Finance Corporation

Stack Bowers Galleries

Stack Bowers Galleries

Stack Bowers Galleries

Collateral Finance Corporation

Collateral Finance Corporation

Rights Assumed for Portfolio on July 1, 2014

Collateral Finance Corporation

Collateral Finance Corporation

Line of Credit [Member]

Collateral Finance Corporation

Rights Assumed for Portfolio on June 5, 2014

Rights Assumed for Portfolio on June 5, 2014

Subsequent Event

Stack Bowers Galleries

Accounts, Notes, Loans and Financing Receivable [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loans receivable average effective rate of interest (percentage)

8.40%

8.30%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to acquire loans receivable

$3,669,000

$350,000

'

'

'

'

'

'

'

$350,000

'

'

'

'

'

'

'

'

'

'

Option to extend maturity

'180 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Short term loan receivable

'

'

3,700,000

'

2,600,000

3,800,000

'

'

'

12,800,000

4,300,000

0

2,600,000

2,600,000

'

5,800,000

2,900,000

2,700,000

3,800,000

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

5.50%

'

'

'

'

'

'

Premium on receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

230,000

100,000

'

'

'

'

Line of credit, maximum borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,000,000

Classes of receivables

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loans receivable payment terms for interest

'30 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Delinquent period

'30 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Loan receivable liquidation period post default

'90 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Credit quality indicator Loan-to-value threshold percentage

'

'

'

'

'

'

75.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured loans-to-value percentage

'

'

'

'

'

'

'

100.00%

100.00%

'

'

'

'

'

'

'

'

'

'

'

Impaired loans

$0

'

'

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Receivables_Loans_Receivable_a

Receivables (Loans Receivable and Credit Quality Indicators) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	$97,303	$80,670
Percentage of secured loans	100.00%	100.00%
Secured loans	38,627	41,261
Secured loans	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	38,627	41,261
Percentage of secured loans	100.00%	100.00%
Secured loans | Bullion	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	14,542	17,361
Percentage of secured loans	37.60%	42.10%
Secured loans | Numismatic and semi numismatic	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Receivables and secured loans gross	24,085	23,900
Percentage of secured loans	62.40%	57.90%
Loan-to-value of 75% or more	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Percentage of secured loans	38.30%	29.00%
Secured loans	14,791	11,950
Loan-to-value of less than 75%	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Percentage of secured loans	61.70%	71.00%
Secured loans	$23,836	$29,311

Receivables_Allowance_for_Doub

Receivables (Allowance for Doubtful Accounts Rollforward) (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Allowance for Doubtful Accounts Receivable [Roll Forward]	'	'	'
Beginning balance	$30	$104	$104
Provision for losses	0	-72	0
Charge-offs to reserve	0	'	-74
Ending balance	$30	'	$30

Inventories_Details

Inventories (Details) (USD $)	3 Months Ended	12 Months Ended
	Sep. 30, 2014	Jun. 30, 2014
Inventory Disclosure [Abstract]	'	'
Premium on metals position	$2,778,000	$3,285,000
Inventory, Commemorative Coin, Stated At Lower Cost Or Market	816,000	2,564,000
Unrealized gains (losses) included in inventory balance	-10,200,000	3,800,000
Borrowed metals	12,000,000	8,700,000
Product under financing arrangement	20,600,000	24,600,000
Inventories loaned under consignment	4,300,000	11,100,000
Inventory subject to repurchase included in inventory	$26,100,000	$24,600,000

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$3,460,000	'	$3,406,000
Less: accumulated depreciation	-1,861,000	'	-1,728,000
Property and equipment, net	1,599,000	'	1,678,000
Depreciation and amortization	100,000	100,000	'
Office furniture, fixtures and equipment	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	490,000	'	490,000
Computer equipment	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	338,000	'	323,000
Computer software	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	2,372,000	'	2,333,000
Leasehold improvements	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'
Property and equipment, gross	$260,000	'	$260,000

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Intangible Assets) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Gross carrying amount - finite lived intangible	$8,396,000	'	$8,396,000
Accumulated Amortization	-5,739,000	'	-5,643,000
Net book value - finite lived intangible	2,657,000	'	2,753,000
Amortization expense related to intangible assets	100,000	100,000	'
Existing customer relationships	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Gross carrying amount - finite lived intangible	5,747,000	'	5,747,000
Accumulated Amortization	-3,544,000	'	-3,448,000
Net book value - finite lived intangible	2,203,000	'	2,299,000
Non-compete and other	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'4 years	'	'
Gross carrying amount - finite lived intangible	2,000,000	'	2,000,000
Accumulated Amortization	-2,000,000	'	-2,000,000
Net book value - finite lived intangible	0	'	0
Employment agreement	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'3 years	'	'
Gross carrying amount - finite lived intangible	195,000	'	195,000
Accumulated Amortization	-195,000	'	-195,000
Net book value - finite lived intangible	0	'	0
Purchased intangibles subject to amortization	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Gross carrying amount - finite lived intangible	7,942,000	'	7,942,000
Accumulated Amortization	-5,739,000	'	-5,643,000
Net book value - finite lived intangible	2,203,000	'	2,299,000
Trade-name	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Gross carrying amount	454,000	'	454,000
Accumulated Amortization	0	'	0
Net book value	$454,000	'	$454,000
Minimum	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'4 years	'	'
Minimum | Existing customer relationships	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'5 years	'	'
Maximum	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'15 years	'	'
Maximum | Existing customer relationships	'	'	'
Indefinite-lived Intangible Assets [Line Items]	'	'	'
Estimated useful lives	'15 years	'	'

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets (Future Amortization Expense) (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'
2015 (9 months remaining)	$288
2016	385
2017	385
2018	385
2019	385
Thereafter	375
Total	$2,203

Goodwill_and_Intangible_Assets4

Goodwill and Intangible Assets (Narrative) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014	Jun. 30, 2012	Sep. 30, 2012	Jun. 30, 2012
				Spectrum PMI	Spectrum PMI	Spectrum PMI
					Auctentia SL	Auctentia SL
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'
Ownership percentage	'	'	'	80.00%	'	'
Noncontrolling interest percentage	'	'	'	'	20.00%	20.00%
Goodwill	$4,884,000	'	'	'	'	'
Gross carrying amount - finite lived intangible	8,396,000	'	8,396,000	'	'	'
Amortization expense related to intangible assets	$100,000	$100,000	'	'	'	'

Accounts_Payables_Details

Accounts Payables (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Accounts Payable, Current [Abstract]	'	'
Trade payable to customers payables	$960	$366
Advances from customers	12,809	38,739
Liability on deferred revenue	19,510	4,177
Net liability on margin accounts	5,333	8,983
Due to brokers	15,875	0
Other accounts payable	1,296	1,362
Accounts Payable, current, Excluding derivative liabilities	55,783	53,627
Derivative liabilities — open sales and purchase commitments, net	49,139	848
Derivative liabilities — futures contracts	0	8,078
Derivative liabilities — forward contracts	0	14,873
Accounts payable	$104,922	$77,426

Income_Taxes_Components_of_Inc

Income Taxes (Components of Income Tax Expense (Benefit) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'	'
U.S	$778	$1,520
Foreign	0	0
Total provision for income taxes	$778	$1,520

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Operating Loss Carryforwards [Line Items]	'	'	'
Effective tax rate	40.60%	39.10%	'
Income taxes receivable from Former Parent	$3,139,000	'	$3,139,000
Operating loss related to state and city deferred tax asset	400,000	'	'
Valuation allowance	-300,000	'	'
Penalties and interest expense recognized	400,000	'	'
Unrecognized tax benefits	700,000	'	'
State and Local Jurisdiction	'	'	'
Operating Loss Carryforwards [Line Items]	'	'	'
Operating loss carryforwards	$6,300,000	'	'

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)

3 Months Ended

3 Months Ended

3 Months Ended

3 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

3 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Jul. 02, 2014

Jun. 30, 2014

Jun. 18, 2014

Jun. 05, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Jun. 18, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Jul. 02, 2013

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Calzona

Calzona

Calzona

SNI

SNI

SNI

Stack Bowers Galleries

Stack Bowers Galleries

Stack Bowers Galleries

Stack Bowers Galleries

Teletrade (now doing business as Stack's Bowers)

Teletrade (now doing business as Stack's Bowers)

Teletrade (now doing business as Stack's Bowers)

SGI (Former Parent)

SGI (Former Parent)

SGI (Former Parent)

SGI (Former Parent)

Former owner

Former owner

Former owner

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Sales

$1,552,000

$3,866,000

'

'

'

'

$157,000

$868,000

'

$224,000

$2,171,000

'

$578,000

$346,000

'

'

$593,000

$481,000

'

'

'

'

'

'

'

'

Purchases

2,921,000

2,451,000

'

'

'

'

0

0

'

1,648,000

466,000

'

898,000

1,121,000

'

'

375,000

864,000

'

'

'

'

'

'

'

'

Receivable

3,421,000

'

'

5,852,000

'

'

0

'

0

103,000

'

0

29,000

'

2,563,000

'

0

'

0

'

3,289,000

'

3,289,000

'

'

'

Payables

83,000

'

'

272,000

'

'

0

'

67,000

0

'

72,000

0

'

0

'

0

'

133,000

'

83,000

'

0

'

'

'

Short term loan receivable

'

'

3,700,000

'

2,600,000

3,800,000

'

'

'

'

'

'

0

'

2,600,000

2,600,000

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5.50%

'

'

'

'

'

'

'

'

'

'

Corporate overhead charges payable to SNI

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

200,000

'

'

'

'

Income taxes receivable from Former Parent

3,139,000

'

'

3,139,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Dividends paid to SGI

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,000,000

0

5,000,000

'

'

'

'

Payment related to royalty agreement with former owner

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

75,000

48,000

'

Royalty expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$277,000

'

$202,000

Financing_Agreements_Narrative

Financing Agreements (Narrative) (Details) (USD $)

3 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Jun. 30, 2014

Sep. 12, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 12, 2014

Sep. 30, 2014

Jun. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Mar. 31, 2014

Mar. 31, 2014

Sep. 30, 2014

Sixth Participant

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Trading credit facility

Collectibles credit facility

Line of credit

Line of credit

Line of credit

A-Mark

A-Mark

A-Mark

Certain lender common to SNI and A-Mark

Certain lender common to SNI and A-Mark

Certain lender common to SNI and A-Mark

Certain lender common to SNI and A-Mark

Certain lender common to SNI and A-Mark

Line of credit

Line of credit

Line of credit

A-Mark

SNI and A-Mark

SNI and A-Mark

SNI

SNI

Line of credit

Line of credit

Line of credit

Line of credit

Line of credit

Schedule Of Financing Arrangements [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit, maximum borrowing capacity

'

'

'

$50,000,000

'

'

'

'

'

$220,000,000

'

$20,000,000

'

$23,000,000

$5,000,000

'

Variable rate basis

'

'

'

'

'

'

'

'

'

'one-month LIBOR

'

'

'

'

'

'

Credit facility, interest rate at period end

'

'

'

'

'

'

'

'

'

0.15%

0.15%

'

'

'

'

'

Borrowings due on demand

'

'

'

'

'

'

'

'

'

128,000,000

135,200,000

'

'

'

'

'

Letters of credit outstanding

'

'

'

'

0

0

'

'

'

'

'

'

'

'

'

'

Credit facility, remaining borrowing capacity

'

'

'

'

'

'

'

'

'

34,700,000

14,400,000

'

'

'

'

2,000,000

Credit facility, minimum required tangible net worth

'

'

'

'

'

'

'

'

35,000,000

'

25,000,000

'

'

'

'

'

Tangible net worth

'

'

'

'

'

'

'

'

'

42,400,000

'

'

'

'

'

'

Line of credit

128,000,000

'

135,200,000

'

'

'

'

'

'

'

'

18,000,000

21,000,000

'

'

3,000,000

Interest expense, notes payable

'

'

'

'

'

'

900,000

800,000

'

'

'

'

'

'

'

'

Percentage of total expense recognized

87.80%

82.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effective rate of interest

3.06%

3.19%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Liability on borrowed metals

11,998,000

'

8,709,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Product financing obligation

$20,613,000

'

$24,610,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Hedging_Transactions_Hedging_o

Hedging Transactions (Hedging of Precious Metals Inventory) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Derivatives, Fair Value [Line Items]	'	'
Inventory	$159,240	$175,554
Commemorative coin inventory, held at lower of cost or market	-816	-2,564
Premium on metals position	-2,778	-3,285
Inventory value not hedged	-3,594	-5,849
Subtotal	155,646	169,705
Commitments at market	'	'
Open inventory purchase commitments	429,522	489,944
Open inventory sales commitments	-145,283	-190,108
Margin sale commitments	-10,610	-15,751
In-transit inventory no longer subject to market risk	-34,993	-4,522
Unhedgable premiums on open commitment positions	271	1,694
Inventory borrowed from suppliers	-11,998	-8,709
Product financing obligation	-20,613	-24,610
Advances on industrial metals	1,915	8,813
Inventory subject to price risk	363,857	426,456
Inventory subject to derivative financial instruments	'	'
Market value of derivative financial instruments	363,801	427,039
Net inventory subject to price risk	56	-583
Precious metals forward contracts at market values	'	'
Inventory subject to derivative financial instruments	'	'
Market value of derivative financial instruments	158,770	206,055
Precious metals futures contracts at market values	'	'
Inventory subject to derivative financial instruments	'	'
Market value of derivative financial instruments	$205,031	$220,984

Hedging_Transactions_Effects_o

Hedging Transactions (Effects of Related Party Transactions) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Inventory Subject to Price Risk [Roll Forward]	'	'
Net inventory subject to price risk, Company consolidated basis	($56)	$583
Open inventory sales commitments	-145,283	-190,108
Open inventory purchase commitments	429,522	489,944
Net inventory subject to price risk, Company stand-alone basis	($56)	$583

Hedging_Transactions_Outstandi

Hedging Transactions (Outstanding Commitments) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Derivative [Line Items]	'	'
Purchase commitments	$429,522	$489,944
Sale commitments	-145,283	-190,108
Margin sales commitments	-10,610	-15,751
Open derivative contracts	363,801	427,039
Precious metals forward contracts at market values	'	'
Derivative [Line Items]	'	'
Open derivative contracts	158,770	206,055
Future contracts	'	'
Derivative [Line Items]	'	'
Open derivative contracts	$205,031	$220,984

Hedging_Transactions_Narrative

Hedging Transactions (Narrative) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2014	Jun. 30, 2014
			Foreign Exchange	Foreign Exchange	Forward contracts	Forward contracts
Derivative [Line Items]	'	'	'	'	'	'
Realized loss on future commodity contracts, net	($6,356)	($17,589)	'	'	'	'
Derivative usual settlement period	'2 days	'	'	'	'	'
Derivative open positions expected settlement period	'30 days	'	'	'	'	'
Unrealized losses on foreign exchange	9	-36	'	'	'	'
Open inventory sale commitments	'	'	$1,433	$2,684	$3,489	$3,829

Hedging_Transactions_Offsettin

Hedging Transactions (Offsetting Assets and Liabilities) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Offsetting Assets and Liabilities [Line Items]	'	'
Net derivative receivable	$46,200	$22,200
Counterparty	'	'
Offsetting Assets and Liabilities [Line Items]	'	'
Gross derivative receivable	47,759	26,296
Amounts netted	-1,550	-4,112
Net derivative receivable	46,209	22,184
Gross derivative payable	60,378	16,525
Amount netted	-629	-174
Cash collateral pledge	-5,277	16,431
Net derivative payables	54,472	32,782
Counterparty | Open sales and purchase commitments	'	'
Offsetting Assets and Liabilities [Line Items]	'	'
Gross derivative receivable	4,178	26,282
Amounts netted	-1,550	-4,112
Net derivative receivable	2,628	22,170
Gross derivative payable	49,768	1,022
Amount netted	-629	-174
Cash collateral pledge	0	0
Net derivative payables	49,139	848
Counterparty | Margin accounts	'	'
Offsetting Assets and Liabilities [Line Items]	'	'
Gross derivative payable	10,610	15,751
Amount netted	0	0
Cash collateral pledge	-5,277	-6,768
Net derivative payables	5,333	8,983
Counterparty | Future contracts	'	'
Offsetting Assets and Liabilities [Line Items]	'	'
Gross derivative receivable	27,071	0
Amounts netted	0	0
Net derivative receivable	27,071	0
Gross derivative payable	0	-15,121
Amount netted	0	0
Cash collateral pledge	'	23,199
Net derivative payables	0	8,078
Counterparty | Forward contracts	'	'
Offsetting Assets and Liabilities [Line Items]	'	'
Gross derivative receivable	16,510	14
Amounts netted	0	0
Net derivative receivable	16,510	14
Gross derivative payable	0	14,873
Amount netted	0	0
Cash collateral pledge	0	0
Net derivative payables	$0	$14,873

Stockholders_Equity_Narrative_

Stockholders' Equity (Narrative) (Details) (USD $)

0 Months Ended

3 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

Jun. 04, 2014

Sep. 30, 2014

Jun. 04, 2014

Jun. 30, 2014

Mar. 17, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jul. 02, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Jun. 04, 2014

Jun. 04, 2014

Stock Appreciation Rights (SARs)

2014 Stock Award and Incentive Plan

Awards assumed from SGI spin-off

Former Parent (SGI)

Former Parent (SGI)

Former Parent (SGI)

Non Employee Director Except Chairman of the Board

Chairman of the Board

Auctentia SL

Afinsa

Stock Appreciation Rights (SARs)

2014 Stock Award and Incentive Plan

2014 Stock Award and Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares outstanding

'

6,962,742

'

7,402,664

7,402,664

'

'

'

'

'

'

'

'

'

'

Cancellation of shares by Former Parent, shares

'

-71,922

'

'

'

'

'

'

'

'

'

'

'

'

'

Repurchase common stock, shares

'

'

'

'

'

'

'

'

'

'

'

'

'

373,513

5,520

Repurchase common stock

$2,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock repurchase related interest expense

'

'

20,000

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate at second closing

'

'

4.00%

'

'

'

'

'

'

'

'

'

'

'

'

Dividends paid to SGI

'

'

'

'

'

'

'

'

5,000,000

0

5,000,000

'

'

'

'

Maximum amount of shares per employee

'

'

'

'

'

'

250,000

'

'

'

'

'

'

'

'

Maximum grant date fair value

'

'

'

'

'

'

'

'

'

'

'

300,000

600,000

'

'

Shares granted under the plan, shares

'

'

'

'

'

'

625,000

'

'

'

'

'

'

'

'

Award vesting period

'

'

'

'

'

'3 years

'

'

'

'

'

'

'

'

'

Shares outstanding

'

'

'

'

'

8,990

'

'

'

'

'

'

'

'

'

Fair value assumptions, exercise price

'

'

'

'

'

$50.31

'

'

'

'

'

'

'

'

'

Intrinsic value, balance

'

446,000

'

407,000

'

0

'

'

'

'

'

'

'

'

'

Total compensation cost not yet recognized, other than options

'

'

'

'

'

'

'

$0

'

'

'

'

'

'

'

Period for recognition of nonvested awards

'

'

'

'

'

'

'

'0 days

'

'

'

'

'

'

'

Stockholders_Equity_Spinoff_De

Stockholders' Equity (Spin-off) (Details) (USD $)

0 Months Ended

3 Months Ended

0 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

Mar. 19, 2014

Sep. 30, 2014

Mar. 14, 2014

Mar. 19, 2014

Mar. 17, 2014

Mar. 19, 2014

Mar. 19, 2014

Sep. 30, 2014

Sep. 30, 2014

Mar. 19, 2014

Mar. 19, 2014

Sep. 30, 2014

Mar. 19, 2014

Mar. 19, 2014

Mar. 19, 2014

Sep. 30, 2014

Mar. 19, 2014

Sep. 30, 2014

Mar. 19, 2014

SGI (Former Parent)

SGI (Former Parent)

SGI (Former Parent)

SGI

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Stock Appreciation Rights (SARs)

Stock Appreciation Rights (SARs)

Stock Appreciation Rights (SARs)

Stock Appreciation Rights (SARs)

Stock Options

Stock Options

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Awards assumed from SGI spin-off

Issued to A-Mark Employees

Issued to A-Mark Employees

Issued to A-Mark Employees

Class of Stock [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exchange ratio based on average closing price for SGI shares

0.2397

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Three day weighted average share price before spin-off

'

'

$3.32

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share price

'

'

$3.37

$14

$13.30

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Three day weighted average share price after spin-off

'

'

'

'

'

$13.85

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock exchange ratio

'

4.1717

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Grants during the period (shares)

'

'

'

'

'

'

249,846

'

'

130,646

130,646

'

50,340

8,990

8,990

'

8,990

'

216,943

Total compensation cost not yet recognized

'

'

'

'

'

'

'

$432,000

'

'

'

'

'

'

'

'

'

'

'

Total compensation cost not yet recognized, other than options

'

'

'

'

'

'

'

'

'

'

'

$127,000

'

'

'

$0

'

'

'

Period for recognition of nonvested awards

'

'

'

'

'

'

'

'

'1 year 4 months 30 days

'

'

'1 year 4 months 30 days

'

'

'

'0 days

'

'3 years 26 days

'

Stockholders_Equity_Option_Act

Stockholders' Equity (Option Activity Rollforward) (Details) (USD $)	3 Months Ended			3 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			Awards assumed from SGI spin-off	Stock Options	Stock Options	Stock Options	Stock Options	Stock Options	Stock Options
						Former Parent SGI Plans	Former Parent SGI Plans	Awards assumed from SGI spin-off	Awards assumed from SGI spin-off
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'	'	'	'	'
Share-based compensation expense	'	'	'	$39,600	$0	$0	$0	$39,600	$0
Total compensation cost not yet recognized	'	'	432,000	'	'	'	'	'	'
Period for recognition of nonvested awards	'	'	'	'3 years 26 days	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'	'	'	'	'	'	'
Options, beginning balance	230,787	'	'	'	'	'	'	'	'
Granted through stock option plan	0	'	'	'	'	'	'	'	'
Exercised	0	'	'	'	'	'	'	'	'
Cancellations, expirations and forfeitures	-660	'	'	'	'	'	'	'	'
Options, ending balance	230,127	'	'	'	'	'	'	'	'
Options, Shares exercisable at end of period	134,242	'	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]	'	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, beginning balance (in dollars per share)	$10	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, Granted (in dollars per share)	$0	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, Exercised (in dollars per share)	$0	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, Cancellations, expirations and forfeitures (in dollars per share)	$48.02	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, ending balance (in dollars per share)	$9.89	'	'	'	'	'	'	'	'
Weighted Average Exercise Price, Shares exercisable at end of period	$11	'	'	'	'	'	'	'	'
Intrinsic value, balance	446,000	407,000	'	'	'	'	'	'	'
Intrinsic Value, Shares exercisable at end of period	$155,000	'	'	'	'	'	'	'	'
Weighted Average per share Grant Date Fair Value, beginning balance (in dollars per share)	$5.98	'	'	'	'	'	'	'	'
Weighted Average per share Grant Date Fair Value, ending balance (in dollars per share)	$6	'	'	'	'	'	'	'	'
Weighted Average per share Grant Date Fair Value, Shares exercisable at end of period (in dollars per share)	$5.80	'	'	'	'	'	'	'	'

Stockholders_Equity_Options_Ou

Stockholders' Equity (Options Outstanding, Range of Exercise Prices and Other Details) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Jun. 30, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'
Stock options, Number of Shares Outstanding	230,127	230,787
Stock options outstanding, Weighted Average Remaining Contractual Life (years)	'8 years 15 days	'
Stock options outstanding, Weighted Average Exercise Price (in dollars per share)	$9.89	$10
Stock options, Number of Shares Exercisable	134,242	'
Stock options exercisable, Weighted Average Remaining Contractual Life (years)	'8 years 7 days	'
Stock options exercisable, Weighted Average Exercise Price (in dollars per share)	$11	'
Price Range $0 - $10.00	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'
Stock options, Exercise Price Ranges, lower range limit	$0	'
Stock options, Exercise Price Ranges, upper range limit	$10	'
Stock options, Number of Shares Outstanding	134,239	'
Stock options outstanding, Weighted Average Remaining Contractual Life (years)	'8 years 1 month 8 days	'
Stock options outstanding, Weighted Average Exercise Price (in dollars per share)	$8.39	'
Stock options, Number of Shares Exercisable	38,354	'
Stock options exercisable, Weighted Average Remaining Contractual Life (years)	'8 years 2 months 4 days	'
Stock options exercisable, Weighted Average Exercise Price (in dollars per share)	$8.50	'
Price Range $10.01 - $15.00	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'
Stock options, Exercise Price Ranges, lower range limit	$10.01	'
Stock options, Exercise Price Ranges, upper range limit	$15	'
Stock options, Number of Shares Outstanding	95,888	'
Stock options outstanding, Weighted Average Remaining Contractual Life (years)	'7 years 11 months 14 days	'
Stock options outstanding, Weighted Average Exercise Price (in dollars per share)	$12	'
Stock options, Number of Shares Exercisable	95,888	'
Stock options exercisable, Weighted Average Remaining Contractual Life (years)	'7 years 11 months 14 days	'
Stock options exercisable, Weighted Average Exercise Price (in dollars per share)	$12	'

Stockholders_Equity_Restricted

Stockholders' Equity (Restricted Stock Units Activity Rollforward) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Restricted Stock, Shares Outstanding [Roll Forward]	'	'
Shares granted	0	'
Restricted Stock Units (RSUs)	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Share-based compensation expense	$22,600	$36,900
Period for recognition of nonvested awards	'1 year 4 months 30 days	'
Restricted Stock, Shares Outstanding [Roll Forward]	'	'
Beginning balance, restricted stock units	106,674	'
Shares released	0	'
Shares forfeited	0	'
Ending balance, restricted stock units	106,674	'
Restricted Stock, Weighted Average Share Price at Grant Date [Roll Forward]	'	'
Beginning balance, restricted stock units, Weighted Average Share Price at Grant Date (in dollars per share)	$2.72	'
Shares issued, restricted stock units, Weighted Average Share Price at Grant Date (in dollars per share	$0	'
Shares forfeited, restricted stock units, Weighted Average Share Price at Grant Date (in dollars per share)	$0	'
Ending balance, restricted stock units, Weighted Average Share Price at Grant Date (in dollars per share)	$2.72	'
Vested but unissued, end of period	0	'
Vested but unissued, end of period, Weighted Average Share Price at Grant Date (in dollars per share)	$0	'
Former Parent SGI Plans | Restricted Stock Units (RSUs)	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Share-based compensation expense	0	36,900
Awards assumed from SGI spin-off | Restricted Stock Units (RSUs)	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Share-based compensation expense	22,600	0
Total compensation cost not yet recognized, other than options	$127,000	'
Period for recognition of nonvested awards	'1 year 4 months 30 days	'
2014 Stock Award and Incentive Plan | Restricted Stock Units (RSUs)	'	'
Restricted Stock, Shares Outstanding [Roll Forward]	'	'
Shares granted	0	'

Geographic_Information_Details

Geographic Information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Segment Reporting Information [Line Items]	'	'	'
Revenue	$1,453,466	$1,496,025	'
Inventories	138,627	'	150,944
Restricted and Nonrestricted Inventory, Net	159,240	'	175,554
Assets	321,997	'	305,138
Long term assets	10,751	'	9,815
United States	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	1,313,486	1,300,446	'
Inventories	139,787	'	159,145
Assets	300,411	'	285,092
Long term assets	10,666	'	9,726
Europe	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	54,950	70,304	'
Inventories	10,788	'	10,500
Assets	12,921	'	14,137
Long term assets	85	'	89
North America, excluding USA	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	71,779	76,766	'
Inventories	5,821	'	4,091
Assets	5,821	'	4,091
Asia Pacific	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	11,312	47,327	'
Australia	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	1,939	1,150	'
South America	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Revenue	0	32	'
Asia	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Inventories	2,844	'	1,818
Assets	$2,844	'	$1,818

Subsequent_Events_Details

Subsequent Events (Details) (Line of Credit [Member], Subsequent Event, USD $)	Oct. 24, 2014	Oct. 09, 2014
		Stack Bowers Galleries
Subsequent Event [Line Items]	'	'
Line of credit, maximum borrowing capacity	'	$16,000,000
Line of credit outstanding	$6,100,000	'