Schedule 13D/A

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13D/A
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

Under the Securities Exchange Act of 1934

(Amendment No. 1)

SPECTRUM GROUP INTERNATIONAL, INC.
_____________________________________________________________________________
(NAME OF ISSUER)

Common Stock, Par Value $0.01 Per Share

_____________________________________________________________________________
(Title of Class of Securities)

84763M102
_____________________________________________________________________________
(CUSIP NUMBER)

Gregory N. Roberts

c/o Spectrum Group International, Inc.

1063 McGaw

Irvine, CA 92614

(949) 748-4800
_____________________________________________________________________________
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

December 28, 2012
_____________________________________________________________________________
(Date of event which requires filing of this statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box [ ]

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

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CUSIP No. 84763M102	13D



1	NAME OF REPORTING PERSONS Gregory N. Roberts
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP				(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS PF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)				o
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER 170,000¹
			8	SHARED VOTING POWER 3,555,580
			9	SOLE DISPOSITIVE POWER 170,000¹
			10	SHARED DISPOSITIVE POWER 3,555,580
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,725,580
12		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES				o
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 12.0%
14		TYPE OF REPORTING PERSON IN


¹	Represents 170,000 shares that the Reporting Person has the right to acquire under currently exercisable options.



CUSIP No. 84763M102	13D



1	NAME OF REPORTING PERSONS Sharon Roberts
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP				(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS PF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)				o
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER 0
			8	SHARED VOTING POWER 439,825
			9	SOLE DISPOSITIVE POWER 0
			10	SHARED DISPOSITIVE POWER 439,825
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 439,825
12		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES				o
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.4%
14		TYPE OF REPORTING PERSON IN

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CUSIP No. 84763M102	13D



1	NAME OF REPORTING PERSONS William A. Richardson
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP				(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS PF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)				o
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER 935,163
			8	SHARED VOTING POWER 3,115,755
			9	SOLE DISPOSITIVE POWER 935,163
			10	SHARED DISPOSITIVE POWER 3,115,755
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,050,918
12		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES				o
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.1%
14		TYPE OF REPORTING PERSON IN

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CUSIP No. 84763M102	13D



1	NAME OF REPORTING PERSONS Silver Bow Ventures LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP				(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)				o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Nevada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH			7	SOLE VOTING POWER 3,115,755
			8	SHARED VOTING POWER 0
			9	SOLE DISPOSITIVE POWER 3,115,755
			10	SHARED DISPOSITIVE POWER 0
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,115,755
12		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES				o
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1%
14		TYPE OF REPORTING PERSON OO

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AMENDMENT NO. 1 TO SCHEDULE 13D

This Amendment No. 1 to Schedule 13D amends and supplements the Schedule 13D dated as of, and filed with the Securities and Exchange Commission on, October 5, 2012. Capitalized terms used herein which are not defined herein have the meanings given to such terms in the Schedule 13D. Except as otherwise provided herein, all Items of the Schedule 13D remain unchanged.



Item 5.	Interest in Securities of the Issuer

(a), (b) and (c). On December 28, 2012, William A. Richardson disposed of beneficial ownership of 804,117 shares of Common Stock by gifting such shares to his adult children. Following such transactions, Mr. Richardson has beneficial ownership of 4,050,918 shares of Common Stock, which represents approximately 13.1% of the shares of Common Stock outstanding. This includes 935,163 shares as to which William A. Richardson has sole voting and dispositive power; and 3,115,755 shares owned directly by Silver Bow Ventures LLC as to which Gregory N. Roberts shares voting and dispositive power with William A. Richardson.

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SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: January 22, 2012



	/s/ Gregory N. Roberts
	Gregory N. Roberts



	/s/ Sharon Roberts
	Sharon Roberts



	/s/ William A. Richardson
	William A. Richardson



	Silver Bow Ventures LLC




By:	/s/ Gregory N. Roberts
Name:	Gregory N. Roberts
Title:	Member

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