v3.26.3
Inventories (Tables)
 3 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Summary of Components of Inventory The following table summarizes the components of our inventory (in thousands):

 

 

 

September 30, 2026

 

 

June 30, 2026

 

Inventory held for sale

 

$

1,040,228

 

 

$

1,203,496

 

Repurchase arrangements with customers

 

 

132,592

 

 

 

156,161

 

Consignment arrangements with customers

 

 

35,895

 

 

 

44,030

 

Collectible coins, held at lower of cost or net realizable value

 

 

104,512

 

 

 

91,339

 

Minting & Refining inventory, held at lower of cost or net realizable value

 

 

14,270

 

 

 

—

 

Borrowed precious metals (1)

 

 

793,783

 

 

 

776,061

 

Product financing arrangements

 

 

314,900

 

 

 

89,249

 

 

$

2,436,180

 

 

$

2,360,336

 

 

(1)
Borrowed precious metals inventory includes restricted inventory of $773.1 million and $709.2 million as of September 30, 2026 and June 30, 2026, respectively. This restricted inventory has a corresponding liability on borrowed metals representing the obligation to deliver the metals to the customer in the future.