Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much profit does the US Mint make on coinage?

coinage mint profit
0
Posted

How much profit does the US Mint make on coinage?

0

I am no accountant and trying to provide a simple answer is difficult since the US mint turns over specific non operating funds to the Treasury Department. You can take a look at the 2006 Annual Report from the US Mint. Here is the link http://www.usmint.gov/downloads/about/annual_report/2006AnnualReport.pdf From our quick reading, it looks like the Mint return about $625 Million dollars to the General fund in 2006. Not sure if you could call that Profit or not. Where is a good accountant when you need them?

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123