Department of the Treasury
Financial Management Service
STATUS REPORT OF U.S. TREASURY-OWNED GOLD
September 30, 2004
Summary
Fine Troy Ounces
Book Value
Gold Bullion
258,641,851.485
$10,920,427,976.14
Gold Coins, Blanks, Miscellaneous
2,907,354.128
122,754,887.47
Total
261,549,205.613
11,043,182,863.61
Mint-Held Gold
Deep Storage:
Denver, CO
43,853,707.279
1,851,599,995.81
Fort Knox, KY
147,341,858.382
6,221,097,412.78
West Point, NY
54,067,331.379
2,282,841,677.17
Subtotal - Deep Storage Gold
245,262,897.040
10,355,539,085.76
Working Stock:
West Point, NY - bars
2,051,859.227
86,634,010.65
Headquarters - coins, blanks, miscellaneous
107.283
4,529.72
Offsite Warehouse - coins, miscellaneous
29,371.100
1,240,112.46
Philadelphia, PA - coins, blanks, miscellaneous
4,999.425
211,086.72
West Point, NY - coins, blanks, miscellaneous
747,187.918
31,547,917.71
Subtotal - Working Stock
2,833,524.953
119,637,657.26
Total - Mint-Held Gold
248,096,421.993
10,475,176,743.02
Federal Reserve Bank-Held Gold
Gold Bullion:
Federal Reserve Banks - NY Vault
13,376,961.126
564,804,727.98
Federal Reserve Banks - display
1,993.319
84,162.40
Subtotal - Gold Bullion
13,378,954.445
564,888,890.38
Gold Coins:
Federal Reserve Banks - NY Vault
73,451.741
3,101,294.10
Federal Reserve Banks - display
377.434
15,936.11
Subtotal - Gold Coins
73,829.175
3,117,230.21
Total - Federal Reserve Bank-Held Gold
13,452,783.620
568,006,120.59
Total - Treasury-Owned Gold
261,549,205.613
$11,043,182,863.61
Deep Storage: Deep-Storage gold is the portion of the U.S. government-owned Gold Bullion Reserve that the U.S. Mint secures in sealed vaults, which are examined annually by the Department of Treasury's Office of the Inspector General. Deep-Storage gold comprises the vast majority of the Reserve and consists primarily of gold bars. This portion was formerly called "Bullion Reserve" or "Custodial Gold Bullion Reserve."
Working Stock: Working-Stock gold is the portion of the U.S. government-owned Gold Bullion Reserve that the U.S. Mint uses as the raw material for minting congressionally authorized coins. Working-Stock gold comprises only about 1 percent of the Reserve and consists of bars, blanks, unsold coins, and condemned coins. This portion was formerly listed as individual coins and blanks or called "PEF Gold."
