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Department of the Treasury Awarded a Contract to SUNSHINE MINTING INC for $26,288,500.00

Signed on

2/26/2025, 12:00 AM

SUNSHINE MINTING INC Government Contract #2031JG25F60015

SUNSHINE MINTING INC was awarded a contract with the United States Government for $26,288,500.00. The contract was awarded by the agency office US MINT HEADQUARTERS, which is a division with the United States Mint within the Department of the Treasury.

Summary of Award

Sunshine Minting Inc, a U.S.-Owned Business in Idaho, received a federal contract worth $26,288,500 from the United States Mint for producing 1 oz upset silver. The Department of the Treasury funded the contract. An important transaction involved an initial payment of $25,900,000 in February 2025, followed by an additional transaction of $388,500 in March 2026.

Contract Details

Contract ID2031JG25F60015
Contract TypeC
Total Obligation$26,288,500.00
Exercised Options$26,288,500.00
Base Amount + Options$26,288,500.00
Date Signed2025-02-26
Contract Description1 OZ UPSET SILVER - WEST POINT
Start Date2025-02-26
End Date2027-02-25

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyUnited States Mint
Awarding OfficeUS MINT HEADQUARTERS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyUnited States Mint
Funding OfficeUS MINT WEST POINT

Recipient Details

RecipientSUNSHINE MINTING INC
Recipient Location750 W CANFIELD AVE COEUR D ALENE IDAHO, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001$388,500.00March 19, 2026

United States Mint, a sub agency of Department of the Treasury, issued a payment of $388,500.00 to SUNSHINE MINTING INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$25,900,000.00February 26, 2025

United States Mint, a sub agency of Department of the Treasury, issued a payment of $25,900,000.00 to SUNSHINE MINTING INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$388,500.00March 19, 2026

United States Mint, a sub agency of Department of the Treasury, issued a payment of $388,500.00 to SUNSHINE MINTING INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$25,900,000.00February 26, 2025

United States Mint, a sub agency of Department of the Treasury, issued a payment of $25,900,000.00 to SUNSHINE MINTING INC. The payment included a Subsidy Cost of $0.00.