Annual report pursuant to Section 13 and 15(d)

Derivative Instruments and Hedging Transactions - Summary of Hedging Activities Shows Precious Metal Commodity Inventory Position Net of Open Sale and Purchase Commitments (Details)

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Derivative Instruments and Hedging Transactions - Summary of Hedging Activities Shows Precious Metal Commodity Inventory Position Net of Open Sale and Purchase Commitments (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
Derivatives, Fair Value [Line Items]    
Inventories $ 458,019 $ 321,281
Precious metals held under financing arrangements [1] 154,742 178,577
Inventory and precious metals held under financing arrangements 612,761 499,858
Commemorative coin inventory, held at lower of cost or net realizable value (406) (17)
Premium on metals position (11,017) (3,684)
Precious metal value not hedged (11,423) (3,701)
Subtotal 601,338 496,157
Commitments at market:    
Open inventory purchase commitments 987,926 514,553
Open inventory sales commitments (590,156) (309,134)
Margin sale commitments (7,322) (14,652)
In-transit inventory no longer subject to market risk (16,707) (3,605)
Unhedgeable premiums on open commitment positions 8,638 2,779
Borrowed precious metals (91,866) (168,206)
Product financing arrangements (201,028) (74,678)
Advances on industrial metals 287 318
Commitments at market 89,772 (52,625)
Precious metal subject to price risk 691,110 443,532
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments 689,592 443,790
Net precious metals subject to commodity price risk 1,518 (258)
Precious metals forward contracts at market values    
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments 175,352 73,948
Precious metals futures contracts at market values    
Precious metal subject to derivative financial instruments:    
Market value of derivative financial instruments $ 514,240 $ 369,842
[1]

Includes amounts of the consolidated variable interest entity, which is presented separately in the table below.