Sunshine Minting Inc.

Sunshine Minting Inc., a woman-owned manufacturer of precious metal blanks and raw materials, operates as a prime contractor exclusively to the United States Mint, with 859 awards (86% of its 1,002-award footprint) and $8.2 billion in combined potential value flowing from a single customer. The Henderson, Nevada-based for-profit Subchapter S corporation holds no subcontracting relationships and competes exclusively on full-and-open basis — no set-asides apply to any award in its portfolio.

Sunshine Minting's capability portfolio is tightly scoped to precious metal fabrication for coinage. The vendor manufactures silver, gold, palladium, and platinum blanks and planchets in specified weights and finishes for the Mint's circulating, commemorative, bullion, and numismatic programs. Representative recent delivery orders include a $26.3 million order issued February 26, 2025, for 1-ounce upset silver blanks for West Point Mint production; a $7.275 million order issued July 3, 2024, for 1-ounce silver blanks; a $2.548 million order issued July 30, 2024, for $1 silver commemorative and 2.55-ounce silver planchets; and smaller 2026 orders for 0.25 silver proof blanks ($580,608 on June 24, 2026), 0.999 $1 silver commemorative blanks ($504,000 on June 24, 2026), and 24-karat gold blanks ($165,000 on July 7, 2026). The vendor also supplies raw precious metals and provides ancillary services including government-furnished scrap melting and anti-tarnish solutions for numismatic products.

Customer concentration is extreme. The Department of the Treasury United States Mint accounts for 93% of combined potential value across the portfolio — the remaining three agencies (Department of the Treasury general, Department of the Interior Bureau of Reclamation, and Department of Agriculture Forest Service) are de minimis, representing $7.7 million combined against $8.2 billion from the Mint. This concentration reflects a strategic single-supplier relationship rather than open-market competition.

Sunshine Minting holds a $150 million single-award Indefinite Delivery Contract with the United States Mint awarded January 1, 2024, and running through November 30, 2033. This parent vehicle is the sole source of Mint awards in the recent period; the vendor places delivery orders and purchase orders under this IDC covering specific blank and material specifications. Older parent vehicles in the portfolio include Fabrication of Precious Metal Planchets and Blanks 2012-2017 (91 task orders, $106.9 million), Indefinite Delivery Contract TMK123 (61 task orders, $160.7 million), Indefinite Delivery Contract 2031JG18D00007 (48 task orders, $73.8 million), and Indefinite Delivery Contract 2031JG24D00011 (23 task orders, $54.6 million) — these represent closed or expiring vehicles from prior decades.

Activity has remained relatively stable over the last five years: 5 awards in 2022, 11 in 2023, 16 in 2024, 6 in 2025, and 4 so far in 2026 (as of July 15). Only six awards totaling $27.6 million in combined potential value reach ultimate completion within the next twenty-four months, meaning the vendor faces minimal recompete exposure in that window; the 2024 IDC running through 2033 anchors long-term stability. The vendor has served the Mint continuously since 2002 and is characterized across award documents as the Mint's exclusive supplier of fabricated precious metal blanks — a de facto sole-source status underpinned by specialized manufacturing capabilities and regulatory compliance for federal coinage materials.

Sunshine Minting Inc is a full service minting facility that has defined the global standards and is well respected in the industry as a leader. SMI is a primary supplier of silver and gold products to several of the largest sovereign mints around the world, capable of producing very large volumes of high-quality bullion, blanks, coins, bars and medallions. At SMI, we combine art, technology, science, skilled workmanship and experience to produce unique commemorative pieces.