A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Investments

Long-Term Investments

6 Months Ended

Dec. 31, 2024

10. LONG-TERM INVESTMENTS

The following table shows the carrying value and ownership percentage of the Company's investment in privately-held entities accounted for either under the equity or cost method (in thousands):


	December 31, 2024					June 30, 2024
Investee	Carrying Value		Ownership Percentage			Carrying Value		Ownership Percentage
Pinehurst Coin Exchange, Inc.	$	14,533		49.0	%	$	17,503		49.0	%
Sunshine Minting, Inc.		18,156		44.9	%		18,603		44.9	%
Company A		283		33.3	%		283		33.3	%
Company B		2,112		50.0	%		2,036		50.0	%
Texas Precious Metals, LLC		8,368		12.0	%		7,236		12.0	%
Atkinsons Bullion & Coins		3,066		25.0	%		2,783		25.0	%
APS Investment, LLC (1)		1,939		33.3	%		2,014		33.3	%
	$	48,457				$	50,458

(1)

APS Investment, LLC is a holding company that owns a 10% equity interest in AMS Holding, LLC. Pinehurst Coin Exchange, Inc. and Stack's Bowers Numismatics, LLC also each own a one-third equity interest in APS Investment, LLC.

We consider all of our equity method investees to be related parties. See Note 14 for a summary of the Company's aggregate balances and activity with these related party entities. All of the Company's investees are accounted for using the equity method, with the exception of Company A, which is accounted for using the cost method and is not considered a related party.