United States Mint
United States Mint Program Summary by Budget Activity Dollars in Thousands FY 2012 FY 2013 FY 2014 FY 2012 TO FY 2014 Budget Activity Actual Estimated Estimated $ Change % Change Manufacturing $3,106,304 $3,525,178 $2,937,540 ($168,764) -5.43% Total Cost of Operations $3,106,304 $3,525,178 $2,937,540 ($168,764) -5.43% FTE 1,788 1,844 1,874 86 4.81% Summary circulating coins in FY 2014 to meet the The United States Mint supports the needs of commerce. Department of the Treasury’s strategic goal to enhance U.S. competitiveness and promote Numismatic Program international financial stability and balanced Bullion – Mint and issue bullion coins global growth. while employing precious metal purchasing strategies that minimize or Since 1996, the United States Mint operations eliminate the financial risk that can arise have been funded through the Public from adverse market price fluctuations. Enterprise Fund (PEF), established by section 522 of Public Law 104–52 (codified at section Other Numismatic Products - Produce and 5136 of Title 31, United States Code). The distribute numismatic products in United States Mint generates revenue through sufficient quantities, through appropriate the sale of circulating coins to the Federal channels, and at the lowest prices Reserve Banks (FRB), numismatic products to practicable, to make them accessible, the public and bullion coins to authorized available, and affordable to people who purchasers. Both operating expenses and choose to purchase them. Design, strike capital investments are associated with the and prepare for presentation Congressional production of circulating and numismatic Gold Medals and commemorative coins, as coins and coin-related products.
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