US Mint Coin Production April 2010: First 2010 Jefferson Nickels
Circulating coin production at the United States Mint rose in the latest month. During April 2010, the US Mint facilities at Philadelphia and Denver produced a combined 451.96 million coins. This represents the highest monthly production total in at least a year.
During the month, production included cents, nickels, dimes, quarters, and Presidential Dollars. Notably, this represented first production of 2010 Jefferson Nickels this year. The denomination has not been minted for circulation since July 2009.
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 | ||
| April 2010 | Jan 2010 - Apr 2010 | |
| Lincoln Cent - Denver | 135.20 M | 429.20 M |
| Lincoln Cent - Phil. | 149.60 M | 427.63 M |
| Jefferson Nickel - Denver | 0 | 0 |
| Jefferson Nickel - Phil. | 1.68 M | 1.68 M |
| Roosevelt Dime - Denver | 40.00 M | 40.00 M |
| Roosevelt Dime - Phil. | 54.50 M | 73.50 M |
| Quarters - Denver | 16.40 M | 35.40 M |
| Quarters - Phil. | 18.60 M | 42.00 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. | 0 | 32.06 M |
| Pres Dollar - Denver | 16.94 M | 75.32 M |
| Pres Dollar - Phil. | 19.04 M | 74.90 M |
| Total | 451.96 M | 1,249.19 M |
The US Mint produced a total of 284.80 million one cent coins during April. This was down slightly from the production of 294 million cents in the prior month, but continues the relatively steady pattern of production for the denomination. Total production of the 2010 Lincoln Cent across both facilities has now reached 856.83 million.
The first production of 2010 Jefferson Nickels took place this month. It was limited to only 1.68 million coins struck at the Philadelphia Mint.
There were 94.5 million 2010 Roosevelt Dimes produced during the month. This total is broken down as 40.0 million Denver mint coins and 54.5 million Philadelphia Mint coins. Previously for the year, just 19 million dimes had been produced at Philadelphia, so this month's figures have a significant impact. Last month I wrote about the first 2010 Roosevelt Dimes appearing in the channels of circulation. Big prices were being paid, but I cautioned that production of up to 224 million dimes was expected this year.
Across both facilities, 35 million America the Beautiful Quarters were produced. Total production for the year has now reached 77. 4 million. The US Mint has not indicated if production of the Yellowstone National Park Quarter has begun, or if the entire amount represents entirely Hot Springs National Park Quarters.
Coin Update News: 2010 Gold Buffalo Proof Coins on Sale June 3
Labels: Coin Mintages
posted by Mint News Blog @ 11:01 AM
21 Comments:
I would think at least half of the quarters production for April would be Yellowstone, since the Mint allowed over 6 weeks lead-time from the first date of production (March 4th according to Director Moy at the Hot Springs ceremony) until the release ceremony on April 20th.
A similar time-frame before the Yellowstone quarter launch ceremony (June 1st) would peg the first day of production around April 15th.
The two rolls of ATB quarters I received from the m$nt were awful. Not a single one had clean rims. It prompted me to investigate my unopened 2010 Shield pennies, they were even worse. I am new to this stuff and that's it for me no more m$nt rolls.
Yeah, Mint rolls are only worth a premium at the very least if they remain unopened in their specially-decorated paper wrappers. Preferably, they need to remain inside their original sealed white mailer boxes with product code and packaging date on the outside.
I've heard several complaints about the quality of coins contained inside the Mint's numismatic rolls and bags. I've also heard that the paper that is used for those rolls will eventually damage the coin finishes. At least if they remain in the unopened white mailer boxes, the damage is invisible. You can always pretend it doesn't exist that way, even though in the back of your mind you pretty much know that it does.
Getting back to the quarter production, if April's totals are split between Hot Springs and Yellowstone, that could mean that only around 27,000,000 Denver Hot Springs coins were struck. That is a pretty low number for a final production figure!
I too just got my rolls of Hot Springs quarters. They are dirty and not the blazing silver I've gotten accustomed to. Are they not rinsing properly? Also, I was not aware they were reverting back to the old George Washington profile on the obverse, I like the statehood GW better!
I actually like the old George Washington obverse that the Hot Springs quarters have. I never liked the "spaghetti hair" version as much.
I wonder how long the Mint will wait until they provide the final mintage figures for the Hot Springs quarters. It looks like the figures for both Denver and Philadelphia might come in even lower than the Northern Mariana Islands quarters.
There's no way the Mint will be able to sell the Hot Springs rolls and bags for an entire year. I think what they meant was the design is SCHEDULED to be available for one year. In other words, they don't plan to end sales at an earlier date than that. However, a lot of times schedules don't work out exactly as planned. These will sell out long before the one year mark is reached. Will anyone really care, though? Low mintages don't mean as much when nearly 100% of the mintage is held by collectors in BU condition.
The real challenge will be in trying to collect the entire series in CIRCULATED condition. I've hardly seen any of the 2009 quarters in circulation, and the 2010's are shaping up to be even lower mintage.
Any possibility of a 2010 UHR?
Does anyone know how many Quarter rolls one person could have bought, in total, at the Hot Springs release 2 weeks ago? By this I mean buying as many as possible by going thru the line repeatedly, like the Lincoln pennies, which you could go thru the line as much as you wanted until the supply ran out.
thanks
"Any possibility of a 2010 UHR?"
While the Treasury Secretary does have the broad authority to authorize something like this again, the US Mint has stated that the UHR would be a one time issue.
I remember there was a proposal for a 2010 paladium UHR in but that apparently is out the window also. That would have been an interesting coin but probably not much demand due to its lack of familiarity. Cost wise it would have been more accessable somewhere in the $600 range for 1 oz coin.
Regarding the question about the coin rolls at the ceremony: I went through the line 3 times and got 10 rolls each time, and after that I quit. However, the line kept getting shorter each time and the exchange was still going on for a little while after I stopped going through the line.
I heard that Bank of America did not give out all of the rolls they had, but eventually stopped the exchange and retained the remaining rolls to distribute at the bank. It was right across the street from the ceremony site.
Man, gold is on FIRE today. It got as high as $1,212/oz.
If it stays at this level for very long, the Mint's gold coin prices might rise again next week, too. Ouch!
Did anyone notice that the 2009 First Spouse 5-Medal set sold out already at the Mint? It didn't even go on backorder first or anything. The 2007 and 2008 sets lasted MUCH longer than that. I didn't see that sellout coming.
Many say gold at $1500 by end of summer. I think it's possible. It can never turn to "junk" like other investments can. May have all time high USMint gold pricing next week.
Yeah, it's best to get the gold coins that are already available now, if you plan to buy them eventually and have not already done so. It looks like the prices will do nothing but continue to go up. By the time prices soften (if that eventually happens), some of the coins currently available might be off-sale by then.
Also, don't trust the Mint to leave the Julia Tyler coins on sale after sales of the Jane Pierce coins begin. I can see BOTH Tyler coins being taken off-sale on that date, not just Letitia. It's possible they might leave Julia on sale and just either end her sales on some arbitrary date around the one year mark, or end her on the same date that the Sarah Polks will be taken off-sale (the day the Buchanan's Liberty goes on sale.) However, just in case, don't wait too long if you plan to buy Julia! It's better to be safe than sorry, especially in the current pricing environment.
The 2009 First Spouse 5-Medal set unexpectedly sold out today, despite not even going on a backorder status first. The Mint is ALWAYS full of surprises, so don't get too comfortable that things will work out as they seem!
Thanks for the heads up on the First Spouse Bronze Medal Set! Just published a post on this.
Michael,
Coin World just posted similar circulation numbers that you posted. But they had 2010 Jefferson D nickels being produced in April, not the P nickels. Can you verify those numbers just to be sure.
Thanks!
When do you figure the Mint will provide final production numbers for the Hot Springs quarters? I'm curious to know if they came in even lower than the Northern Mariana Islands design. It seems likely, especially for the Denver version.
Lasloo,
The US Mint posted numbers show the 2010 nickels produced at Philadelphia.
http://www.usmint.gov/about_the_mint/coin_production/index.cfm?action=production_figures&allCoinsYear=2010#starthere
Thanks Michael!
Don't know why I didn't think about checking the Mint website as well. Maybe I'm just too use to not finding any good metrics on their actual website!
Let's see if next week CoinWorld corrects those numbers.
I just received the 2010 silver proofs; the Washington quarters are a real disappointment. George's hair is flat with no detail. I compared with 2009 silver proof and for sure, the 2010s are poor. I asked my 10 year old daughter to compare any differences and she saw the poor 2010 rendition immediately. Any one else notice this?
Post a Comment
Subscribe to Post Comments [Atom]
<< Home