Mint News Blog

News, Information, and Commentary on US Mint Products

Friday, November 12, 2010

US Mint Coin Production October 2010


The United States Mint has updated circulating coin production figures to reflect coins struck during October 2010. There were a total of 730.22 million coins produced at the Philadelphia and Denver Mint facilities across five denominations.

The figures for the latest month break a three month losing streak, which followed this year's peak production of more than 900 million coins in June.

The table below presents the breakdown of circulating coins produced in the latest month by denomination and mint. The first column shows the number of coins produced in October, while the second column shows the total for the year to date.
2010 US Mint Coin Production Figures

October 2010 YTD 2010
Lincoln Cent - Denver 242.80 M 1,805.60 M
Lincoln Cent - Phil. 181.20 M 1,803.63 M
Jefferson Nickel - Denver 44.88 M 192.24 M
Jefferson Nickel - Phil. 39.12 M 222.00 M
Roosevelt Dime - Denver 86.00 M 495.50 M
Roosevelt Dime - Phil. 49.5 M 495.50 M
Quarters - Denver 34.40 M 173.40 M
Quarters - Phil. 34.40 M 173.60 M
Kennedy Half - Denver 0 1.70 M
Kennedy Half - Phil. 0 1.80 M
Native Am Dollar - Denver 0 42.98 M
Native Am Dollar - Phil. 0 32.06 M
Pres Dollar - Denver 8.82 M 159.88 M
Pres Dollar - Phil. 9.10 M 161.56 M



Total 730.22 M 5,761.45 M

As usual, the heaviest production took place for the one cent coin at 424 million. This accounted for more than 50% of overall production. Production of the Lincoln Cent for the year to date is now more than one billion higher than last year's combined production across the four different 2009 Lincoln Cent designs.

The US Mint continues to strike nickels and dimes in quantity, with the monthly and year to date production for each denomination outnumbering the figures for the quarter. This is somewhat surprising since in modern times, the quarter is considered the workhorse coin in commerce.

The lower production for the past two years has been attributed to the high production during the years of the State Quarters Program. With the series concluded some previously collected coins have been returning to the channels of circulation, reducing the need for newly produced coins.

No updates have been made to the circulating coin production figures for the Presidential Dollars and America the Beautiful Quarters broken down by design. The upcoming releases featuring Abraham Lincoln and Mount Hood National Forest may still be in production.
2010 US Mint Coin Production by Design

Denver Phil. Total
Hot Springs Quarter 34.00 M 35.60 M 69.60 M
Yellowstone Quarter 34.80 M 33.60 M 68.40 M
Yosemite Quarter 34.80 M 35.20 M 70.00 M
Grand Canyon Quarter 35.40 M 34.80 M 70.20 M




Fillmore Dollar 36.96 M 37.52 M 74.48 M
Pierce Dollar 38.36 M 38.22 M 76.58 M
Buchanan Dollar 36.54 M 36.82 M 73.36 M

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8 Comments:

At November 12, 2010 at 11:50 AM , Anonymous Anonymous said...

WOW Gold down $40 POP POP KABOOM!

 
At November 12, 2010 at 12:05 PM , Anonymous Anonymous said...

Yep - unfortunately China is going to put the hurt on AU/AG.

 
At November 12, 2010 at 4:11 PM , Anonymous Anonymous said...

Those pesky little bubble pop flies are buzzing around again. They think they are at a picnic and smell an apple pie but they are lost in a pasture and actually smell a hereford pie. They will get their little feet all sticky when they land on it or end up as splatter on a windshield. They are an entertainling little bunch of no significance.

 
At November 13, 2010 at 6:46 AM , Anonymous Anonymous said...

With the end of the year comming and the Lincoln dollar expected to be produced in large quantities compared to the other presidents this year, the mint needs to get busy minting NA dollars to avoid running afoul of the law as it did last year. The law that authorized the presidential dollar series requires one NA dollar to be minted for every four presidential dollars. Last year the mint only minted one for every five and clearly violated the letter and spirit of the law. They were on track this year but have started to fall behind again and will have to begin production again and keep pace with the Lincoln dollars if they are to avoid a repeat of 2009. The mint used the law as their excuse for not minting numismatic SAEs last year, a law that does not even speak of any such prohibition, yet a law that is specific about minting the NA dollars in certain quantities was completely ignored. This fact makes it very to believe that the mint was worried about violating the bullion law when they chose not to produce certain numismatic offerings. If they were concerned with law at all, they would have minted 17 million more NA dollars in 2009 than they did.

 
At November 13, 2010 at 7:10 AM , Anonymous Anonymous said...

I don't see why they would mint more Lincoln Dollars, since 70M is plenty to go around. However, the mint products will definately be ramped up. Lincoln medal sets, Lincoln rolls, etc.

 
At November 13, 2010 at 1:24 PM , Anonymous Anonymous said...

Ha, 20 million would be plenty to go around. If 6 million Sac's a year were sufficient 5 years ago, triple that should be sufficient for any non circulating dollar coin. The rest are just minted so the mint can show a paper profit.

 
At November 13, 2010 at 1:34 PM , Anonymous Anonymous said...

I sure am happy I got my rolls of 2010 pennies at the local bank.

There was no shipping costs or premium paid...

Let's hear it for a "One time good deal".


Penny pinchers unite.

 
At November 14, 2010 at 12:45 AM , Anonymous Anonymous said...

1999-P Delaware Quarter 373.4M
1999-D Delaware Quarter 401.4M

2010-P Hot Springs Quarter 35.60M
2010-D Hot Springs Quarter 34.00M

Talk about a big drop in mintage. Just like the 2009 Dimes & Nickels. Too bad I wee-weed all my money away on those Statehood Quarters.

 

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