Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51303
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,624,476
Award facts
- Contract value 100% obligated
- $1,624,475.78 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 $1.62M delivery order to Stonex Financial LTD for raw gold bullion on October 17, 2025, with completion targeted for October 31, 2025. This firm fixed-price delivery order, with no set-aside designation, represents open competition for a critical commodity supply to support the Mint's coin and medal production operations. Stonex Financial LTD, a London-based commodity trading firm specializing in precious metals, will perform the work in Great Britain. The contractor has maintained SAM.gov registration since March 2020 and operates as a for-profit entity focused on international precious metals procurement and risk management.
This delivery order is issued under an indefinite delivery vehicle (IDV) contract for raw gold bullion supply that Stonex Financial LTD holds with the U.S. Mint. The vendor has established itself as a strategic and consistent supplier to the Mint since 2021, with delivery orders typically ranging from $1M to $22M in value. Additionally, Stonex Financial LTD holds a second IDV with a $10B ceiling value for silver raw materials, awarded in June 2021 and extending through December 31, 2040. These arrangements enable the Mint to maintain reliable access to international precious metal supplies necessary for its ongoing coinage and medal production requirements.
Quick answers
Who was awarded contract 2031JG26F51303?
2031JG26F51303 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 17, 2025.
How much is contract 2031JG26F51303 worth?
The government has obligated $1,624,476 on 2031JG26F51303.
Is contract 2031JG26F51303 an order under another contract?
Yes. 2031JG26F51303 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51303 competed?
The extent of competition for 2031JG26F51303 was full and open competition.
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