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Message:: [QUOTE="Conder101, post: 1861901, member: 66"]It isn't especially when you consider just a few years ago it was much closer to 500 million.  For example in 2011 net revenue was $527.8 million.  In 2007 it was $1.08 BILLION.  For a long time most of the mints profits came from seigniorage, but that has been dropping and the numismatic and bullion profits have been making up a larger percentage. Seigniorage2011  $348 Million  67.3% of total2012  $105.9 million  50.9% of total2013  $137.4 million  46.9% of total  (This surprised me I was expecting a loss, but higher quarter and dime production allowed them to offset the loss from the cent and five cent.) Bullion2011  $65.8 million  11.3% of total2012  $28.4 million  13.6% of total2013  $59.3 million  20.3% of total Numismatic2011  $113.2 million  21.4%2012  $73.9 million  35.5%2013  $95.8 million  32.8% Currently the Mint is completely self funding.  They receive no tax money from the Treasury and instead send money TO the Treasury.  Any seigniorage surplus to the treasury reduces the need for taxes or borrowing by that amount.  If the Mint ever start losing money on seigniorage then money will have to come from the Treasury for operations and that will increase taxes and borrowing. The Mint actually did that in 2011.  While they had net income of $527.8 million, they only turned over $51 million to the Treasury to keep a reserve fund against income loss from the discontinuance of the dollar coins and increasing losses on the one and five cent pieces.  They did the same in 2012 turning over $77 million even though the had net income of $208.2 million.  This year they gave some of that back turning over $392 million on income of only $292 million[/QUOTE]

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