SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* RICHARDSON WILLIAM A (Last) (First) (Middle) C/O SPECTRUM GROUP INTERNATIONAL, INC., 1063 MCGAW (Street) IRVINE CA 92614 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/25/2012	3. Issuer Name and Ticker or Trading Symbol SPECTRUM GROUP INTERNATIONAL, INC. [ SPGZ ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	1,739,280	D(1)
Common Stock, par value $0.01 per share	3,115,755	I(2)	See footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* RICHARDSON WILLIAM A (Last) (First) (Middle) C/O SPECTRUM GROUP INTERNATIONAL, INC., 1063 MCGAW (Street) IRVINE CA 92614 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Silver Bow Ventures LLC (Last) (First) (Middle) C/O SPECTRUM GROUP INTERNATIONAL 1063 MCGAW (Street) IRVINE CA 92614 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Owned directly by William Richardson.

2. These shares are owned directly by the Silver Bow Ventures LLC. Mr. Richardson owns 50% of the membership interests of Silver Bow Ventures. Mr. Richardson disclaims beneficial ownership of the shares owned by Silver Bow Ventures, except to the extent of his pecuniary interest.

	/s/ William Richardson	10/05/2012
	/s/ William Richardson, Authorized signatory of Silver Bow Ventures LLC	10/05/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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