FY2020 United States Mint Bullion Side Annual Report Numbers...
Here are numbers for the United States Mint BULLION SIDE of business for FY2020…
$ in millions American Eagle Gold
2020 Oz. Sold in Thousands 662
Revenue $1,188.1
COGS $1,158.8
SG&A $4.3
Net Income $25.0
Bullion Net Margin 2.1%
$ in millions Buffalo Gold
2020 Oz. Sold in Thousands 198
Revenue $349.5
COGS $342.1
SG&A $0.9
Net Income $6.5
Bullion Net Margin 1.9%
$ in millions American Eagle Silver
2020 Oz. Sold in Thousands 22,000
Revenue $490.5
COGS $456.8
SG&A $14.4
Net Income $19.3
Bullion Net Margin 3.9%
$ in millions America the Beautiful Silver
2020 Oz. Sold in Thousands 1,797
Revenue $34.1
COGS $31.7
SG&A $1.4
Net Income $1.0
Bullion Net Margin 2.9%
$ in millions American Eagle Platinum
2020 Oz. Sold in Thousands 56
Revenue $49.5
COGS $54.1
SG&A $1.0
Net Income -$5.6
Bullion Net Margin -11.3%
$ in millions Total
2020 Oz. Sold in Thousands 24,713
Revenue $2,111.7
COGS $2,043.5
SG&A $22.0
Net Income $46.2
Bullion Net Margin 2.2%
Comments
$ in millions American Eagle Platinum
2020 Oz. Sold in Thousands 56
Revenue $49.5
COGS $54.1
SG&A $1.0
Net Income -$5.6
Bullion Net Margin -11.3%
Looks like a lucrative endeavor for the Mint....except for platinum...Cheers, RickO
I don't know. Those healthy 2% margins...
Ever since platinum bullion returned in 2014 they've lost money every year, with the losses increasing every year. Impressive achievement considering the mint was in the black on platinum even during the insanely volatile FY2008 and 2009 years.