Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51420
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,700,929
Award facts
- Contract value 100% obligated
- $1,700,928.80 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 United States Mint awarded a $1.7 million firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion, with performance to be completed by January 30, 2026. The London-based international commodity trading firm will deliver precious metal materials from its facilities in Great Britain to support the Mint's coin and medal production operations. This delivery order was issued without a set-aside designation, indicating open competition among qualified vendors. The award is issued under Stonex Financial LTD's existing indefinite delivery vehicle (IDV) for raw gold bullion supply, which enables the U.S. Mint to procure essential precious metals through periodic orders without requiring individual competitive solicitations.
Stonex Financial LTD has served as the primary supplier of raw precious metals to the Department of the Treasury's United States Mint since 2021, with a demonstrated track record of delivering high-value gold and silver commodities. In addition to this gold bullion delivery order, the company maintains a second major IDV for silver raw materials with a $10 billion ceiling value and a performance period extending through December 31, 2040, underscoring the strategic and long-term nature of the Mint's reliance on this vendor. As the prime contractor on all observed contracts with no identified subcontractors, Stonex Financial LTD performs substantially all work in-house, ensuring consistent access to the international precious metal supplies necessary for the nation's circulating coins, commemorative coins, bullion coins, and national medal programs.
Quick answers
Who was awarded contract 2031JG26F51420?
2031JG26F51420 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 26, 2026.
How much is contract 2031JG26F51420 worth?
The government has obligated $1,700,929 on 2031JG26F51420.
Is contract 2031JG26F51420 an order under another contract?
Yes. 2031JG26F51420 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51420 competed?
The extent of competition for 2031JG26F51420 was full and open competition.
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