Over the last 10 years, the United States Mint obligated $29.42 billion across 26,901 award actions, with an average action value of $1.09 million. Spending is concentrated in nonferrous metal production and precious-metals supply chains, with the largest obligations going to INTL FCSTONE LTD, COINS 'N THINGS, INC., and PRECIOUS A-MARK METALS INC.
Federal Agency
UNITED STATES MINT Federal Contract Obligations (Last 10 Years)
Federal procurement summary for the United States Mint (Agency ID 2044) covering obligations, vendors, NAICS activity, and annual award trends over the last 10 years.
Annual figures shown are the most recent years provided and totals reflect obligated amounts as reported in FPDS query data.
Agency ID
2044
Total Obligated
29.42 billion
29,415,308,349.47
Award Actions
26,901
Average Action Value
1,093,465.23
About UNITED STATES MINT federal contract activity
Over the last 10 years, the UNITED STATES MINT recorded 26,901 awards totaling $29.42 billion, with an average award value of $1.09 million. The obligation base is concentrated in high-value commodities and services tied to metals procurement and financial arrangements, reflecting the Mint’s material-intensive operating profile.
Vendor concentration and leading contractors
Vendor activity is led by INTL FCSTONE LTD at $5.58 billion across 1,639 awards, followed closely by COINS 'N THINGS, INC. at $5.42 billion across 1,164 awards and PRECIOUS A-MARK METALS INC at $3.54 billion across 1,102 awards. SUNSHINE MINTING, INC. and TORONTO-DOMINION BANK, THE also represent major spend channels, indicating reliance on a small group of suppliers for large-dollar transactions.
Industry profile based on NAICS activity
The top NAICS codes are dominated by nonferrous metals production and processing, led by 331491 at $11.24 billion and 331410 at $11.10 billion. Additional spend flows through 331420, 332999, and 423940, showing that both upstream metal refining and downstream fabricated-metal and precious-metal wholesaling are central to the agency’s procurement base.
Annual contract trend over the analysis window
Annual obligations remained elevated, peaking at $4.87 billion in 2021 and staying above $4.31 billion in 2022 and $4.44 billion in 2023 before declining to $2.80 billion in 2024 and $2.16 billion in 2025. Award counts followed a similar pattern, with the highest volume in 2023 at 3,638 awards and lower activity in 2024 and 2025, suggesting a recent pullback in procurement intensity.
How to interpret this page
This summary is based on FPDS award records for the UNITED STATES MINT, Agency ID 2044, limited to the last 10 years. Totals reflect obligated dollars, award counts reflect recorded transactions in the analysis window, and vendor and NAICS rankings are sorted by total obligated value.
Top Vendors
SELECT
vendor_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__vendor__vendorHeader__vendorName AS vendor_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__purchaserInformation__contractingOfficeAgencyID = '2044'
AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
AND content__award__vendor__vendorHeader__vendorName != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10| Vendor | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| INTL FCSTONE LTD | 5,577,976,211.28 | 5.58 billion | 1,639 |
| COINS 'N THINGS, INC. | 5,420,628,369.59 | 5.42 billion | 1,164 |
| PRECIOUS A-MARK METALS INC | 3,544,712,919.58 | 3.54 billion | 1,102 |
| SUNSHINE MINTING, INC. | 2,381,239,753.99 | 2.38 billion | 369 |
| TORONTO-DOMINION BANK, THE | 1,988,520,152.17 | 1.99 billion | 253 |
| WIELAND ROLLED PRODUCTS NORTH AMERICA, LLC | 1,408,854,674.51 | 1.41 billion | 340 |
| STONEX FINANCIAL LTD | 1,401,617,115.34 | 1.40 billion | 90 |
| ASAHI REFINING USA INC. | 1,310,995,031.19 | 1.31 billion | 327 |
| PMX INDUSTRIES, INC. | 1,068,235,588.09 | 1.07 billion | 376 |
| GBC METALS, LLC | 659,854,163.44 | 659.85 million | 362 |
Insight
Over the last 10 years, the UNITED STATES MINT obligated $29.42 billion across 26,901 awards, with average award value of $1.09 million. Obligations are concentrated among a small set of vendors: the top 10 vendors account for $24.67 billion, or about 83.9% of total obligated dollars, with INTL FCSTONE LTD and COINS 'N THINGS, INC. each exceeding $5.4 billion. Award activity is also uneven, with higher-dollar vendors generally receiving fewer awards than lower-dollar suppliers, indicating a procurement mix dominated by recurring high-value commodity and financial services purchases.
Top NAICS
SELECT
naics_code,
naics_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__productOrServiceInformation__principalNAICSCode AS naics_code,
anyHeavy(content__award__productOrServiceInformation__principalNAICSCode__description) AS naics_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__purchaserInformation__contractingOfficeAgencyID = '2044'
AND content__award__productOrServiceInformation__principalNAICSCode IS NOT NULL
AND content__award__productOrServiceInformation__principalNAICSCode != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY naics_code
)
ORDER BY total_obligated DESC
LIMIT 10| NAICS Code | Description | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 331491 | NONFERROUS METAL (EXCEPT COPPER AND ALUMINUM) ROLLING, DRAWING, AND EXTRUDING | 11,236,723,176.71 | 11.24 billion | 3,051 |
| 331410 | NONFERROUS METAL (EXCEPT ALUMINUM) SMELTING AND REFINING | 11,100,070,070.45 | 11.10 billion | 2,063 |
| 331420 | COPPER ROLLING, DRAWING, EXTRUDING, AND ALLOYING | 2,995,798,494.09 | 3.00 billion | 896 |
| 332999 | ALL OTHER MISCELLANEOUS FABRICATED METAL PRODUCT MANUFACTURING | 1,301,821,971.59 | 1.30 billion | 915 |
| 423940 | JEWELRY, WATCH, PRECIOUS STONE, AND PRECIOUS METAL MERCHANT WHOLESALERS | 1,114,215,369.17 | 1.11 billion | 150 |
| 518210 | DATA PROCESSING, HOSTING, AND RELATED SERVICES | 384,145,507.63 | 384.15 million | 305 |
| 531190 | LESSORS OF OTHER REAL ESTATE PROPERTY | 104,530,659.45 | 104.53 million | 22 |
| 333519 | ROLLING MILL AND OTHER METALWORKING MACHINERY MANUFACTURING | 93,027,357.84 | 93.03 million | 104 |
| 236210 | INDUSTRIAL BUILDING CONSTRUCTION | 75,182,658.94 | 75.18 million | 397 |
| 333517 | MACHINE TOOL MANUFACTURING | 74,263,555.81 | 74.26 million | 1,394 |
Insight
Over the last 10 years, UNITED STATES MINT obligated $29.42 billion across 26,901 awards, with spending highly concentrated in metal production and refining NAICS. NAICS 331491 and 331410 together account for $22.34 billion, or about 76% of total obligated value, indicating a heavy reliance on nonferrous metal rolling and smelting/refining activities. The remaining top NAICS are much smaller by value and span related manufacturing, wholesale, IT, real estate, construction, and machinery categories, suggesting a broader but secondary mix of support and facility-related procurements.
Annual Trend
SELECT
year,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__purchaserInformation__contractingOfficeAgencyID = '2044'
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 10 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY year
)
ORDER BY year DESC| Year | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| 2025 | 2,159,363,429.05 | 2.16 billion | 2,074 |
| 2024 | 2,802,335,385.15 | 2.80 billion | 2,420 |
| 2023 | 4,442,509,583.16 | 4.44 billion | 3,638 |
| 2022 | 4,313,684,480.39 | 4.31 billion | 3,066 |
| 2021 | 4,866,901,194.49 | 4.87 billion | 3,026 |
| 2020 | 3,681,122,625.13 | 3.68 billion | 2,773 |
| 2019 | 1,311,169,287.28 | 1.31 billion | 2,291 |
| 2018 | 1,206,426,414.55 | 1.21 billion | 2,244 |
| 2017 | 1,470,789,167.36 | 1.47 billion | 2,315 |
| 2016 | 3,161,006,782.91 | 3.16 billion | 3,054 |
Insight
Over the last 10 years, the UNITED STATES MINT recorded $29.42 billion in obligated dollars across 26,901 awards, with an average award value of $1.09 million. Obligations were concentrated in the 2020–2023 period, peaking at $4.87 billion in 2021 and remaining elevated at $4.44 billion in 2023 and $4.31 billion in 2022, compared with roughly $1.21 billion to $1.47 billion in 2016–2019. Activity has since declined, with obligations falling to $2.80 billion in 2024 and $2.16 billion in 2025, while award counts also decreased from 3,638 in 2023 to 2,074 in 2025.
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