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Message:: [QUOTE="Conder101, post: 7962311, member: 66"]They often don't make the entire authorized mintage ahead of time, just part of it.  The first people in line get the ones already on hand the others wait on backorder until the product can be manufactured, packaged and shipped. It's called seigniorage, and profit on numismatic and bullion sales. They have money budgeted from the previous year.  From that they pay all expenses and generate seigniorage, numismatic and bullion revenue.  From this revenue they budget for the next year and turn the excess revenue over what is budgeted to the Treasury General Fund.  This allows them to continue operating and paying all of their expenses without having to get appropriations of tax money. In fiscal year 2019 the face value of the billions of coins made for circulation was $798.1 million.  Cost of manufacturing them (including materials) was $479.8 million.  Net profit was $318.3 million (and it would have been $102.9 Million higher if it wasn't for the losses on the cent and five cent pieces)  In 2019 the mint after deducting the budget for 2020 deposited $540 million in the Treasury General Fund. So yes they do operate at no expense to the tax payers. For 2020 face value was $1.1685 billion, cost was $618.6 million and net profit was $549.9 million  (losses for the cent and five cent  reduced net profit by $101 million.)[/QUOTE]