SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~April~~October 3015, 2013

SPECTRUM GROUP INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)



Delaware	1-11988	22-2365834
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. employer identification no.)

1063 ~~McGaw~~McGrawIrvine, ~~Suite 250Irvine,~~ CA(Address of principal executive offices) 92614(Zip code)

Registrant’s telephone number, including area code: (949) ~~748~~955-~~4800~~1250

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ρ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ρ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ρ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ρ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 85.0102. Departure ~~Other~~of ~~Events.~~Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

OnBonus ~~April~~Awards 30, 2013, the Company, through its subsidiaries Bowers & Merena Auctions LLC and Stack's-Bowers Numismatics, LLC (“SBN”), purchased the remaining 49% non-controlling interest in SBN/dba Stack's Bowers Galleries. As a result of this transaction, which was effective as of April 1, 2013, SBN/dba Stack's Bowers Galleries is now wholly owned by the Company. The purchase price consisted of $2.25 million in cash and $2.65 million evidenced by promissory note, bearing interest at 5.5% per annum and maturing on April 1, 2015. The Company is a primary obligor on the note, which is interest-only until maturity. In addition, the Company agreed to pay the seller, Stack's, LLC, an earn-out based on the performance of Stack's Bowers Galleries for ~~its~~Fiscal ~~fiscal years ending June 30, 2014, 2015 and 2016.~~2013

Effective October 15, 2013, the Board of Directors of Spectrum Group International, Inc. (the "Company" or "SGI”), based on the recommendation of the Compensation Committee of the Board of Directors, awarded cash bonuses to its named executive officers, as set forth below. The bonus payable to Gregory Roberts, President and CEO, was determined based on the achievement of specific metrics as set forth in his employment agreement, plus a discretionary component. The bonuses payable to the other executive officers were determined in the discretion of the Compensation Committee.

Greg Roberts $897,240

Paul Soth $160,000

Arthur Hamilton $ 35,000

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: ~~May~~October 221, 2013

SPECTRUM GROUP INTERNATIONAL, INC. ~~By: /s/ Carol Meltzer Name: Carol Meltzer Title: General Counsel and Secretary~~

By: /s/ Carol Meltzer

Name: Carol Meltzer

Title: General Counsel and Secretary

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