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<p>[QUOTE=&quot;Seattlite86, post: 26075811, member: 59737&quot;]I’m glad you didn’t find it rude. Certainly not my intent. I have concerns that you don’t actually understand the subject fully, but you’re speaking on it as if from an absolutely clear position. The U.S. Mint can ABSOLUTELY make a profit. </p><p><br /></p><p>If you look at the reports from the mint, they reported millions in profit from 2022-2024. Source:</p><p><a href="https://www.usmint.gov/content/dam/usmint/reports/2024-annual-report.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.usmint.gov/content/dam/usmint/reports/2024-annual-report.pdf" rel="nofollow">https://www.usmint.gov/content/dam/usmint/reports/2024-annual-report.pdf</a></p><p><br /></p><p>To help you understand, the profit (seniorage) comes when the US Mint delivers coins at a face value for less than what it cost them to produce and deliver. Example: if a quarter costs 15 cents to make, and 3 cents to deliver, when the Mint delivers the quarters to a bank, the bank pays 25 cents per quarter, meaning there’s a 7 cent profit (seniorage) per quarter. </p><p><br /></p><p>Another way to make profit is to sell gold and silver coins well above melt value. Every time someone buys a gold coin, there’s a profit made. The profits add up. </p><p><br /></p><p>Where does the profit go? Back to the Treasury. From there, the money goes wherever Congress tells it to. <a href="https://home.treasury.gov/subfooter/faqs/duties-and-functions-faqs" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://home.treasury.gov/subfooter/faqs/duties-and-functions-faqs" rel="nofollow">https://home.treasury.gov/subfooter/faqs/duties-and-functions-faqs</a>[/QUOTE]</p><p><br /></p>

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