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Tuesday, November 10, 2009

US Mint Coin Production October 2009


The United States Mint has updated coin production figures to reflect coins produced through the end of October 2009. The overall production level rebounded from the prior month when production had dipped to some of the lowest levels of the year.

A total of 353.8 million coins were produced in October. The biggest contributor was the Lincoln Cent, with 266 million of the new Presidency design produced across both mints. The US Mint also produced quarters and Presidential Dollars at both mints. The Philadelphia Mint produced 200,000 Kennedy Half Dollars to bring their total half dollar production in line with the Denver Mint.

The table below presents the coins produced by the US Mint for the month of October and the entire year to date.

2009 US Mint Coin Production Figures

October 2009 Jan 2009 - Oct 2009
Lincoln Cent - Denver 144.4 M 1,194.40 M
Lincoln Cent - Phil. 121.6 M 1,098.00 M
Jefferson Nickel - Denver 0 46.80 M
Jefferson Nickel - Phil. 0 39.84 M
Roosevelt Dime - Denver 0 49.50 M
Roosevelt Dime - Phil. 0 96.50 M
Quarters - Denver 20.40 M 257.80 M
Quarters - Phil. 32.20 M 264.32 M
Kennedy Half - Denver 0 1.90 M
Kennedy Half - Phil. 0.20 M 1.90 M
Native Am Dollar - Denver 0 33.88 M
Native Am Dollar - Phil. 0 37.38 M
Pres Dollar - Denver 24.22 M 177.10 M
Pres Dollar - Phil. 10.78 M 172.62 M



Total 353.80 M 3,471.94 M


A few observations from the numbers. The 2009 Kennedy Half mintage now exceeds from the totals from last year with 1.9 million produced at the Denver and Philadelphia Mints. The 2008 Kennedy Half Dollar had 1.7 million produced at each facility, which stand as the lowest mintage for a circulation strike coin for the entire series.

No additional nickels or dimes were produced this month. Both denominations have been elusive for collectors this year and continue to bring huge premiums above face value for anyone lucky enough to find them. Early in the year the US Mint had announced that production of nickels and dimes was officially done for the year, although the Denver Mint did produce a small number of nickels in June and July.

The following additional table shows the US Mint coin production by design. Several denominations feature rotating obverse or reverse designs. When the US Mint posts production figures for individual designs, these have been the final mintages. There are no new numbers available in the table this month.

2009 US Mint Coin Production by Design

Denver Phil. Total
Birthplace Cent 350.00 M 284.80 M 634.80 M
Formative Years Cent 363.60 M 376.00 M 739.60 M




Harrison Pres Dollar 55.16 M 43.26 M 98.42 M
Tyler Pres Dollar 43.54 M 43.54 M 87.08 M
Polk Pres Dollar 41.72 M 46.62 M 88.34 M




DC Quarter 88.80 M 83.60 M 172.40 M
Puerto Rico Quarter 86.00 M 53.20 M 139.20 M
Guam Quarter 42.60 M 45.00 M 87.60 M
Am Samoa Quarter 39.60 M 42.60 M 82.20 M
US Virgin Islands Quarter 41.00 M 41.00 M 82.00 M

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16 Comments:

At November 10, 2009 at 12:55 PM , Anonymous Anonymous said...

Michael,

Would you consider using links to auctions on the Webidz.com site as well as eBay by any chance? I've got some First Spouse Gold coins and Guam quarter bags for sale on that site, but no one knows it exists so the auctions don't get many hits and I've made no sales thus far. I'm tired of eBay "double-dipping" on the fees (by charging their own fees then another fee through PayPal to get paid for the items), so I'm trying to sell on Webidz.com now so they can only hit me through PayPal.

 
At November 10, 2009 at 1:15 PM , Anonymous Anonymous said...

Could you tell us more about Webidz.com. Some of us would like to completely/permanently edit both the Flea and the PeePee out of our lives.

 
At November 10, 2009 at 1:17 PM , Anonymous Anonymous said...

Are you being sarcastic or serious? :)

 
At November 10, 2009 at 2:23 PM , Anonymous Anonymous said...

Tomorrow is wednesday, does anyone know if the prices of gold coins will go up again? I think it's close to bumping up to the next price tier.

 
At November 10, 2009 at 2:34 PM , Anonymous Anonymous said...

As long as tomorrow's London AM fix is at $1,114.50 or less, the price will not change. We'll miss it by the skin of our teeth.

I think the chances of the price coming in under that to get us at least one more week of the $1,050-$1,099.99 tier are good.

 
At November 10, 2009 at 3:14 PM , Anonymous Dave said...

Any updates on the proof buffalo mintage total?

 
At November 10, 2009 at 3:26 PM , Anonymous Anonymous said...

Yes, the link can be found on the newest post. I'm so glad I don't have to wait until Thursday anymore to see the new figures! Numismaster and Numismatic News were always much slower in publishing them.

 
At November 10, 2009 at 3:31 PM , Blogger Michael said...

Yes, check out the latest sales report on Coin Update News. They are usually posted there on Tuesday.

Coin Update News

 
At November 10, 2009 at 5:11 PM , Anonymous Anonymous said...

To Anonymous @ 1:15,

Webidz.com hails themselves as "The eBay Alternative Site". They function much the same as eBay, but sellers don't have to pay listing or final value fees.

There are many different payment options available for buyers, but most of them I've never heard of. Good old classic checks and money orders are allowed, but most buyers had already long abandoned those forms of payment even before eBay prohibited them. I still offer PayPal as a payment option on Webidz, simply because most buyers would prefer it and I'm not getting hammered for fees twice by the same parent company.

The only thing wrong with Webidz that I can see is for some reason the search engine does not refine the items brought up to match only what you type in. It's the craziest thing I've ever seen. You type in "First Spouse Gold" and it brings up anything with the word "gold" in the title, such as bracelets, pefume with gold in the name, etc. etc. If they could fix that little problem, it would be just as good a site as eBay from a buyer's perspective, and one HECK of a lot better for sellers!

Get the word out to as many people as you can about Webidz.com!

 
At November 10, 2009 at 6:18 PM , Anonymous Anonymous said...

"and one HECK of a lot better for sellers!"

"but no one knows it exists so the auctions don't get many hits and I've made no sales thus far."

How can people describe Webidz.com as "one HECK of a lot better for sellers!" if their experience there is "the auctions don't get many hits and I've made no sales thus far"?

Isn't it better to have actual sales at eBay and pay their fees than to save on fees but have no sales at Webidz? Seems to me that sales minus fees is better than no sales at all. People go where the business is that is why more people flock to eBay than to Webidz. This is just common sense.

 
At November 10, 2009 at 7:04 PM , Anonymous Anonymous said...

Unfortunately, you're right at present. That's how come eBay gets to be what it has become today: A greedy monstrosity that doesn't give a rat's for the sellers who allowed it to get as big as it's become.

What I meant was that Webidz is a lot better for sellers in the way it's designed, with no listing or final value fees. There's no penalty for listing an item that does not sell, unlike eBay. And it IS starting to get more popular, but not nearly enough yet. It will take more people getting used to the idea that eBay is not the ONLY place to get things to make other sites like Webidz really work. That, and sellers like me who are fed up with eBay constantly making it harder and harder on us to operate, forcing us to finally seek other venues.

What really gets me is the way that eBay tries to make it sound like the changes are for seller's benefit, but do they think we were born yesterday? We all know it really is only intended to benefit one thing: eBay's bottom line.

 
At November 10, 2009 at 7:37 PM , Anonymous Anonymous said...

I'm not sure about this but can't individuals sell on Amazon.com, too? Does anyone know how Amazon.com works for private sellers and buyers and how Amazon compares to eBay? Just wondering. Thanks.

 
At November 10, 2009 at 9:48 PM , Anonymous Anonymous said...

I just went to Webidz.com to see how it is. I typed in 2009 nickel roll in the coin section and got every nickel auction and a few other coin auctions that were listed.
I hate it. I don't want to go through thousands of auctions just to see that no one has any.
As a buyer I would rather stay with e-bay's search engine. At least there if no one has any I know right. If someone has something I'm not the one who has to worry about any fees except the overpriced shipping fees some people ask for.

 
At November 11, 2009 at 1:28 AM , Anonymous Anonymous said...

"As long as tomorrow's London AM fix is at $1,114.50 or less, the price will not change."

Well, right now gold is at 1,115.60, so it looks like we WILL be getting another $50 price increase for all gold coins. Highest prices ever under the new system.

Worst part is, before this year is over and for most of next year, it could go up another tier and stay for a while easily!

 
At November 11, 2009 at 6:35 AM , Anonymous Anonymous said...

Webidz is supposed to be working to improve the search engine, but until that time it isn't very buyer friendly, that's for certain.

I have a few coin auctions going on there right now. The best way to find them is to do the advanced search, select "by seller" and enter "hutson", which is my userid. That way just my coin auctions will show up.

 
At November 11, 2009 at 9:27 AM , Anonymous Anonymous said...

This is suppose to be a place where we can talk about a certain subject on coins. It is not suppose to be a place where you can drum up business on a unknown and buyer unfriendly auction site.

 

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