US Mint Coin Production March 2010
During March 2010, the United States Mint had their highest monthly coin production since Mint News Blog started tracking the monthly changes. Contributing factors were an increase in production of cents and the start of production for quarters.
The Philadelphia and Denver Mint facilities produced a combined 384.42 million coins in March, which included cents, quarters, Native American Dollars, and Presidential Dollars. The total production this month nearly matched the production of the first two months, bringing the year to date total to 797.23 million.
With the first quarter of the year already passed, the US Mint is still on pace for another year of extremely low coin production. During 2009 total coin production was 3,548 million.
The table below displays the breakdown of production by denomination and Mint for the month and the year to date.
| 2010 US Mint Coin Production Figures | ||
| March 2010 | YTD | |
| Lincoln Cent - Denver | 165.20 M | 294.00 M |
| Lincoln Cent - Phil. | 128.80 M | 278.03 M |
| Jefferson Nickel - Denver | 0 | 0 |
| Jefferson Nickel - Phil. | 0 | 0 |
| Roosevelt Dime - Denver | 0 | 0 |
| Roosevelt Dime - Phil. | 0 | 19.00 M |
| Quarters - Denver | 19.00 M | 19.00 M |
| Quarters - Phil. | 23.40 M | 23.40 M |
| Kennedy Half - Denver | 0 | 1.70 M |
| Kennedy Half - Phil. | 0 | 1.80 M |
| Native Am Dollar - Denver | 0 | 14.00 M |
| Native Am Dollar - Phil. | 8.26 M | 32.06 M |
| Pres Dollar - Denver | 21.42 M | 58.38 M |
| Pres Dollar - Phil. | 18.34 M | 55.86 M |
| Total | 384.42 M | 797.23 M |
The US Mint produced 294 million one cent coins during March. This was divided between 165.20 million at the Philadelphia Mint and 128.80 million at the Denver Mint. Last year, cent production was split between four different designs, resulting in relatively low mintages for each. This year, all production will be for the new Union Shield design, which will result in a comparatively large mintage.
There was no production of nickels or dimes during the month. Nickels have not been produced at all for the year to date. Last month, there were 19 million dimes produced at the Philadelphia Mint. To my knowledge, none of the 2010 Roosevelt Dimes have been spotted in the channels of circulation yet.
The first quarters of the year were produced with 23.40 million at the Philadelphia Mint and 19.00 million at the Denver Mint. These are presumably Hot Springs Quarters, the first release of the America the Beautiful Quarters series coming on April 19, 2010. It seems likely mintages for the new series will be on the low end, which might give prove a motivating factor to collect the series.
During the month, there were 18.34 million Presidential Dollars produced at the Philadelphia Mint and 21.42 million produced at the Denver Mint. The previous production of Presidential Dollars for the year was entirely Millard Fillmore Dollars with the final mintages already announced as 37.52 million Philadelphia strikes and 36.96 Denver strikes.
Labels: Coin Mintages
posted by Mint News Blog @ 11:28 AM
43 Comments:
I'm still looking for any of the 2009 nickels and dimes! I've seen the P rolls online, but as far as I know no one has even SEEN a 2009-D! Where are they????
By the way, before anyone says it, the nickels and dimes in the Mint sets don't count! I'm talking CIRCULATION strikes here, NOT satin finish!
Amen, brother! stinkin' satin finish. :-)
I received a 2009 P dime in change on March 29, 2010 in a CVS. No nickels yet.
Wow! I guess it's been a whole year since they last produced a nickel. I have yet to find a 2009 nickel. I haven't seen a single bill with Geithner's name on it either.
The new $100 comes out April 21st and has his name on it
I remember seeing a circulated 2009 nickel selling for over $4 on ebay sometime late last year. I couldn't believe a single circulated 2009 nickel could sell for so much - FOR ONE COIN.
I was curious how difficult they were to find so last week I bought a $100 case of nickels from my bank. I found two 2009-P coins, two very worn silver coins, one dateless buffalo coin and about 30-40 others from 1939-1960.
Currently one of the large well known retail coin websites (Smyrna Coin Shop) is selling a P&D TWO COIN uncirculated 2009 nickel set for $6.95.
If some of these new quarters have low mintages I wonder how much they will be selling for in the market.
The 2009 nickel P & D's from Smyrna are from Mint sets that are satin finish, not the business strikes.
But if you look at the description of what Smyrna is selling... they got it from U.S. Mint sets... which means they are the 'satin finish' type. Not the droids we're looking for. :-)
Still waiting to be able to get my hands on a 2009 D nickel/dime. I live on the east coast, so I'd probably only find P-minted ones if I got some from the bank. However, I'm sure some of you midwest and west-coast folks can try out your banks and possibly find one.
I just really want to see one. Its like looking for the elusive snipe! :-)
You both are correct about the 2009 2 coin nickel sets from Smyrna Coins being from mint sets. I remember seeing that in the description but forgot to mention it in my post. But it is a different coin.
I also have seen recently a seller on ebay seliing rolls of circulated 2009 nickels for I think around $10 - $17 a roll. Almost as much as unc. rolls from other sellers.
off the nickel and dime subject, are the boy scout coins winners or losers.
I'm thinking they will be winners for those who truly want them, but losers for those hoping to make good money off of them on the secondary market. Too many "flippers" are buying them to try to unload immediately after the sellout, I'm afraid.
With a limited mintage, I believe they will be sought after. Will they command high premiums? No I doubt it. Nonetheless, I have bought several as keepsakes and maybe to sell a few on the side.
JA
Michael,
The right side bar is overlaying the main body of your mint production figures. I am unable to see the figures on the right. Am I the only one having this problem?
The scouting coin is a great one for the scouting people to have, to give as a gift to scouts, or use some way as incentive in a scout program. Its selling quickly but is that due to a lot of individual sales or gross sales to dealers/flippers? If sell out due to mostly individual sales then I believe it will start appreciating at a faster pace. If sales are mostly dealers/flippers then appreciation may be at a slower pace. But if you like the coin I say buy it whether it goes up or down.
FLASH: Gold is creeping up!
$1500 by end of summer?
I wonder if congress could re-do the worst, I mean first spouse coins to be 1/4 ounce for better sales (after Mary is minted of course).
BoyScout/ GirlScout coin is a JOKE!
Commemorating the 100 years of girls in Boy Scouting....??????
Wow, look at the two nice options turned down for the BSA coin:
http://news.coinupdate.com/why-is-there-a-girl-on-the-boy-scouts-coin-0204/
Those designs would have sold out in a few days at most if it wasn't for the PCness of Big Brother.
The First Spouse coins won't be re-sized. First and foremost, it would require changing the law to do so, and no one will go to that trouble. Also, those who have been collecting the series would likely abandon it since it would look weird to have the coins shrink in size after several years of the half-ounce coins.
I'm glad that so many people are turning up their noses at the First Spouse coins. After it's all over with, the very low mintage of some of the coins will gain much more appreciation, and those of us who were faithful to the series will reap the benefits. Don't say you weren't advised to be one of them! From Dolley Madison onward, anyone who wanted the coins had ample time to buy them. The fact that so many didn't buy from Elizabeth Monroe onward just made it better for those of us who did.
My point is that with gold climbing, the first louse [sic]coins will have higher melt value (all they are worth, except Liberty series), but who has the money to buy them????
Maybe if silver keeps climbing the boygirlboyscout coin may also have a higher melt value!
WHERE ARE THE REAL COINS???
YOU KNOW... THE SILVER EAGLES AND GOLD FRACTIONAL EAGLES???
READ MY LIPS: THAT IS WHAT WE WANT!!!!!!STOP WITH ALL THE OTHER PC CRAP!!!!!!!
Okay, since a few of the commenters are dreaming here's mine. I'm dreaming of a half oz silver or bimetal silver/gold buffalo. I'm going back to bed now. Wake me up in 20 years if there are some classic coins available from the mint. If not let me sleep.
Don't look now boys but I think the Mint is pulling a fast one... Save your coppers, Perhaps the mint is trying to get all the copper out of circulation...and of course the nickels are being held because the metal is now worth more than the five cent coin value.
Now, what happened to all that silver that the Mint pulled out of circulation in the sixties...must be somewhere...
Goldilocks
To Anonymous (Goldilocks) at 3:33pm
I thought a lot of the silver coins were melted in the 70's and early 80's.
I just got another 40% silver half $ in a roll from my bank today. I usually try and get any half $'s I can when I'm at the bank.
So far in the past 6 or 7 months I've collected almost an entire roll of 40% silver coins, two '64 halves and about 7 months ago I really hit the jackpot. I went to my bank and bought a roll of half $'s and later that night I opened them up and was shocked to find that the entire roll was all silver Franklin's dated '59-'63. That's about $130-$140 worth of silver bought at $10 face value. I almost felt like I was stealing from the bank.
Another time a few months later from that same bank I bought 8 lose half $'s that the teller had in her tray and 3 of them were 40% silver. And teller's sometimes ask me why do I want to buy them?
The good thing about half $'s is the mint minted so many of the Kennedy's in the 60's (almost 300 million in '67 alone) and many people don't seem to realize that the halves after '64 have silver in them. And even though it's only 40%, because they are halves they still have a lot of silver - worth about $2.75 as of today (and much more before to long).
Buying silver at the bank is the poor man's way of investing in silver - buying it at face value. Plus I kind of like the thrill of the hunt (somewhat). Although I don't think I'll ever find another roll of Ben Franklin's again.
The product info for the new quarters is now available on the US Mint website.
I think I like the mint coin roll cover packaging better than the design of the reverse of the coin.
To Anonymous,
I have just started to search through half dollar rolls at the bank. The only problem that I am having is that most of the banks I go to don't even have half dollars. I ask them if they have any and they look at me like I am crazy. Is there any advice you have on what types of banks would have them and which wouldn't?
To Anonymous 8:12am,
I sometimes get the same reaction from some banks. It seems as though some banks rarely ever have half $'s and other banks have them just about every time I'm there.
I bank at Bank of America and 2 or 3 of the locations I seem to have the best luck at (like the entire roll of Ben Franklin's and many other silver Kennedy's) while other locations never seem to have any.
It probably has something to do with clients who live in that area nearby. You just kind of have to check around the diiferent banks in your area to find out which ones are more likely to have them and which ones don't.
Some banks will even order them for you if you are a customer there but there is usually a minimum order of around $500 or so.I even tried that one time and got a $500 Brinks bag and had no luck at all.
But last week I was at a B of A office and the teller had 10 rolls that I bought that she said came from a bag they had ordered and she had rolled herself and I found 2 40% Kennedy's in them. So I just don't know what to think about the ordering process. This is also the same location that I got a very shinny '65 Kennedy just yesterday from a roll I bought. The coin is in such great shape it looks like it is a clad coin just minted last year.
So it may just take some scouting around at the banks in your area. Good luck.
CG
My experience here in Southern Illinois is that the small, home town banks tend to have the halfs a lot more than the big chain banks. If you have any local independent banks near you, I would check those out.
I've been known to get those "are you crazy?" looks from bank employees from time to time myself! :)
I've also checked some of the smaller banks in my area but haven't had any luck. One of those banks I've bought rolls from on two different occasions but haven't found any silver.
I tend to think it has more to do with the customers who live near and/or bank in that area than the bank itself.
I've often wondered who would deposit an entire roll of silver half $'s worth at least $130 for only $10 face value. Obviously must have been someone who for some reason just didn't know any better or who just deposited the wrong roll by mistake.
CG
Any buyers for the new quarter rolls or bags? And any guesses on what some of the mintages might be?
I wonder if the later release date from the mint this year might affect the mintages and sales numbers.
It looks to me like the Hot Springs quarter mintage might be similar to that of the Northern Mariana Islands quarter. I'm assuming the March mintage numbers consisted entirely of Hot Springs, and the April production might be split between Hot Springs and Yellowstone. However, April might turn out to be nothing but Hot Springs. Even so, the number should still be fairly small.
There might be more people buying the rolls and bags from the Mint if it proves difficult to find rolls of unmixed coins at banks. That has been the talk so far, so it could cause some who ordinarily wouldn't buy from the Mint to give those options a second look.
I could be wrong, but it almost feels like there is a danger of the Mint cutting off the Hot Springs bags and rolls much sooner than expected, especially if there are a lot of sales made early in the ordering period. That could result in a repeat of the District of Columbia secondary market situation, so you'd best not delay too long in making the decision to buy or not if you think there's a good chance you would like to have these.
Because of the later release dates from the mint for the quarters this year that means there is only less than 6 weeks between the release dates of the first two quarters and about 6-7 weeks between the release dates of the remaining quarters this year.
If the mint stops sales of each quarter each time a new quarter is offered for sale that could increase the likely hood of low sales figures of the rolls and bags. Plus there is the likely hood of low overall mintages.
On a seperate subject the 2009D dime rolls have hit the market with a price of 49.95 a roll. These are not the satin ones.
WOW! 2009 D dimes!!!
Its been a long time since people were excited about Roosevelt dimes.
I do want a roll or two or three... but I may wait it out for a little longer. See if I can get any friends on the West Coast to go bank hopping. :-)
At the way the mint is producing this years dimes and nickels all we have forward to look for is the 2010P dime
I recieved a Sacagawea Gold dollar from a vending machine and upon a closer look it is undated and has no mint mark. Does anyone know if it is worth anything. It is in mint condition.
Did you check the edge for the date?
Re. the sacagawea dollar:
The date and mintmark should be on the edge of the coin.
I recently found several 2010 P dimes at a local drugstore
I recently found several 2010 P dimes at a local drugstore
I'd hold on to those 2010P dimes. Since they have only made 19m so far they could be rarer than last years 2009D dimes that are selling for 40-50+ in BU rolls.
I haven't seen any '09 or '10 circulated dimes selling on ebay yet but rolls of circulated '09 nickels have recently sold for between $10 and more than $17 a roll.
And those '09 nickels are damn hard to find. I've only been able to find 2 P's after searching through 2 $100 cases. It's actually easier to find silver nickels (I found 3 of those) than '09 nickels.
Who knows they might not even make 2010 nickels.
Since nickels now have an intrinsic value of more than 6 cents they probably will make very few again (if any as you said).
They may even consider changing the composition of the nickels which might make these '09 - ? nickels even more valuable.
With precious metals prices continuing to rise, nickels and copper pennies may someday be as collectible as silver coins are today. At least for their intrinsic value since most years they did make a lot of them.
WHEN silver gets back to it's all time high 30 years ago of around $50 an ounce silver nickels will be worth about $3, silver dimes will be worth about $4, silver quarters about $10, silver 40% halves about $8 and silver 90% halves at least $20 or more.
These coins are REAL money. It will soon be easier to carry around a few increasing valuable copper, nickel and silver coins than a roll of DECREASINGLY valuable paper dollars.
Anonymous who found the 2010-P Roosevelt Dimes-
Let me know if you can provide images of the coins and some more details of the find for a Mint News Blog post.
Contact me via this form:
http://news.coinupdate.com/contributors/
Just to add to Anonymous's find.
Just today, I found my first 2009-P dime as change at my work building's lobby convenience store.
However, with that said, I had bought (mixture of trade and money) some 2009 P rolls off of Ebay... and currently going through them to see if any are slab-worthy.
I think the P-minted ones are truly starting to show up... FINALLY.
However, you still have to go online to get D-minted 2009 dimes. Don't think I've seen D-minted 2009 nickels anywhere though.
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