Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51342
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,588,032
Award facts
- Contract value 100% obligated
- $1,588,031.68 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 $1.59M delivery order to Stonex Financial LTD, a London-based international commodity trading firm specializing in precious metals, for the supply of raw gold bullion. The contract, issued on December 17, 2025, with an ultimate completion date of December 24, 2025, is structured as a firm fixed-price delivery order with no set-aside designation, indicating open competition. Performance will occur in Great Britain, United Kingdom. This delivery order is issued under one of Stonex Financial LTD's existing indefinite delivery vehicle (IDV) contracts with the U.S. Mint for raw gold bullion supply, which enables the agency to maintain a steady procurement pathway for critical precious metal raw materials supporting the Mint's coin and medal production operations.
Stonex Financial LTD serves as the prime contractor on this award and has maintained a strategic relationship with the U.S. Mint since 2021 as a critical international supplier of precious metals. The company, registered in SAM.gov through June 30, 2026, holds two significant IDV contracts with the Mint: a primary $10B vehicle for silver raw materials extending through December 31, 2040, and a secondary vehicle for raw gold bullion supply. These arrangements allow the Mint to issue routine firm fixed-price delivery orders, typically ranging from $1M to $22M, without requiring competitive solicitation each time, ensuring reliable access to gold and silver needed for ongoing U.S. coin and medal production.
Quick answers
Who was awarded contract 2031JG26F51342?
2031JG26F51342 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 17, 2025.
How much is contract 2031JG26F51342 worth?
The government has obligated $1,588,032 on 2031JG26F51342.
Is contract 2031JG26F51342 an order under another contract?
Yes. 2031JG26F51342 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51342 competed?
The extent of competition for 2031JG26F51342 was full and open competition.
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