I have a better idea:  instead of paying foolish sums of money, the Mint should use pony up some gold to forge a large septer and crown that Mr. Sarkar can be loaned to wear during his tenure, all the while paying him a more nominal public servant salary.

That way he would feel powerful, significant, important, and when he's accomplished nothing, the taxpayer will still have two valuable gold pieces in its assets after all is said and done.