Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51324
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,414,383
Award facts
- Contract value 100% obligated
- $3,414,382.92 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 delivery order valued at $3.41M to Stonex Financial LTD for raw gold bullion under the Mint MAC Gold Bullion program. The contract, awarded on October 30, 2025, with an ultimate completion date of November 21, 2025, represents a firm fixed-price procurement with no set-aside designation, indicating open competition. Stonex Financial LTD, a London-based international commodity trading firm specializing in precious metals, will perform the work in Great Britain. This delivery order is issued under one of two indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD maintains with the U.S. Mint, which enable the agency to procure critical raw materials for its coin and medal production operations through a streamlined, competitive procurement pathway.
The contract supports the U.S. Mint's ongoing operational requirements for precious metal raw materials. Stonex Financial LTD has established itself as a strategic international supplier to the U.S. Mint since 2021, serving as the prime contractor on multiple delivery orders ranging from $1M to $22M without the use of subcontractors. The company holds two significant IDV contracts with the Mint: a primary $10B ceiling multiple-award contract for silver raw materials extending through December 31, 2040, and a separate IDV for raw gold bullion supply. These vehicles demonstrate the Mint's reliance on Stonex Financial LTD as a critical source for maintaining steady supplies of international precious metal commodities.
Quick answers
Who was awarded contract 2031JG26F51324?
2031JG26F51324 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 30, 2025.
How much is contract 2031JG26F51324 worth?
The government has obligated $3,414,383 on 2031JG26F51324.
Is contract 2031JG26F51324 an order under another contract?
Yes. 2031JG26F51324 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51324 competed?
The extent of competition for 2031JG26F51324 was full and open competition.
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