Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51297
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,534,261
Award facts
- Contract value 100% obligated
- $1,534,260.65 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
About this award
The U.S. Mint awarded a $1.53M firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion on October 16, 2025, with completion scheduled for October 31, 2025. This delivery order is issued under one of Stonex Financial's indefinite delivery vehicle (IDV) contracts with the Mint, which enables the agency to procure precious metal raw materials from the London-based international commodity trader. The award was made through open competition with no set-aside designation, and performance will occur in Great Britain. Stonex Financial LTD has been a critical supplier to the U.S. Mint since 2021, specializing in precious metals procurement and risk management for federal agencies.
The company holds two significant IDV contracts with the U.S. Mint, including a primary $10B multiple-award contract for silver raw materials established in June 2021 and extending through December 2040, under which delivery orders typically range from $10M to $16M. The second IDV supports raw gold bullion supply, facilitating the Mint's ongoing coin and medal production operations. As the prime contractor on this award with no subcontractors identified, Stonex Financial LTD demonstrates a strategic, consistent relationship with the Treasury Department's Mint, ensuring reliable international sourcing of critical precious metal raw materials necessary for U.S. coinage production.
Quick answers
Who was awarded contract 2031JG26F51297?
2031JG26F51297 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 16, 2025.
How much is contract 2031JG26F51297 worth?
The government has obligated $1,534,261 on 2031JG26F51297.
Is contract 2031JG26F51297 an order under another contract?
Yes. 2031JG26F51297 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51297 competed?
The extent of competition for 2031JG26F51297 was full and open competition.
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