US Mint Produces 6.37 Billion Circulating Coins in 2010
The United States Mint has updated their circulating coin production figures to represent the full year of 2010.
Production for the month of December 2010 was minimal at 80.2 million coins, although this is likely seasonal. For December 2009, the US Mint did not report any circulating coins produced.
For all of 2010, production was 6,373,110,000 coins. This represents an increase of 79.6% over the historic low production experienced in 2009. Lower denomination coins were produced in greater numbers, while production of most higher value coins fell.
| 2010 US Mint Coin Production Figures | ||
| December 2010 | Full Year 2010 | |
| Lincoln Cent - Denver | 64.40 M | 2,047.20 M |
| Lincoln Cent - Phil. | (6.80 M) | 1,963.63 M |
| Jefferson Nickel - Denver | 3.36 M | 229.92 M |
| Jefferson Nickel - Phil. | 0 | 260.64 M |
| Roosevelt Dime - Denver | 13.50 M | 562.00 M |
| Roosevelt Dime - Phil. | 0 | 557.00 M |
| Quarters - Denver | 0 | 173.40 M |
| Quarters - Phil. | 0 | 173.60 M |
| Kennedy Half - Denver | 0 | 1.70 M |
| Kennedy Half - Phil. | 0 | 1.80 M |
| Native Am Dollar - Denver | 5.74 M | 48.72 M |
| Native Am Dollar - Phil. | 0 | 32.06 M |
| Pres Dollar - Denver | 0 | 159.88 M |
| Pres Dollar - Phil. | 0 | 161.56 M |
| Total | 80.20 M | 6,373.11 M |
Comparing 2010 coin production to the prior year, cents across both mint facilities rose by 70.38% to more than 4 billion. Nickels rose by 403.92% to 490.56 million. Dimes rose by 666.43% to more than 1.1 billion. Native American Dollars rose by 13.36% to 80.78 million.
Looking at denominations which experienced declines, production of quarters fell by 35% to 347 million. Kennedy Half Dollars fell from 3.8 million to 3.5 million. Presidential Dollars fell by 8.78% to 321.44 million.
There were no changes to the figures provided for 2010 Presidential Dollars and 2010 America the Beautiful Quarters by individual design, suggesting that these figures are now final. For the quarter series, the US Mint had reserved the right to restart production of prior designs within the same year of issuance, if demand existed from the bulk purchase program.
| 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 |
| Mount Hood Quarter | 34.40 M | 34.40 M | 68.80 M |
| Total | 347.00 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 |
| Abraham Lincoln | 48.02 M | 49.00 M | 97.02 M |
| Total | 321.44 M | ||
Coin Update News: Cost to Make Cent, Nickel
Labels: Coin Mintages
posted by Mint News Blog @ 1:41 PM
16 Comments:
does anybody know the release date for 2011 5 oz silver thru the us mint
Something tells me that in about 30years, the 2009 lincoln cents will be worth a pretty penny. Especially the Satin 95% Copper Cents. I'm actuall suprised that the 2009 Uncirculated sets don't command much premium. I've got quite a few bank rolls of each of the designs for the 09 lincoln cents. I guess I'll just keep them and wait until everyone figures out that they were minted in very low numbers in contrast to most other years.
With so many people putting away rolls and bags of stuff, I doubt much of today's material will go up in value. Best chance for appreciation is in the precious metals. Silver eagle bullion will probably be way up in 20-30 years. Lincoln pennies? Probably less than the $8 a roll the mint was charging.
Billion and million being the key word here. There are just to many for any of these to carry any future value. Even the ATBs and all the other PMs all the flippers hype about will never hold the speculative values in 30 years. There are just to many to become as rare as people claim them to be. They will always be available. And in tough times none of them will matter to people needing to survive. Even buying at spot can be considered a risky move by many experts. So paying all these premiums are just not a good risk considering the times.
On Anonymous's above comment...
Probably the 2009 95% copper satin lincoln cents will rise in cost since only about 747,000 were made in mint sets. However, since they WERE made in mint sets and can be bought or found easily, there price rise will be limited, probably reaching a maximum of $15 per coin in 2021.
Ditto the 2010 satin lincoln cents.
They will be the only ones in the shield series. However, often it is not easy to distinguish satin from regulat circulation strikes, and both 2010 satin finish and regular circulation strikes have identical metal composition, 5% copper.
Michael,
Any word on who will be the next Mint Director?
According to Numismatic News many mint sets like 1971, 1972, 1978, 1979, 1980... are worth less than issue price! Every coin dealer has a table full of them and no one buys them. And with inflation, $5 in 1971 is worth $26 today, so putting that money in the bank or a savings bond would have given you much more profit. Just not as much fun.
If one had bought gold with the money in the 1970s, $5 in gold would be worth about $120 today.
So if you are into coin collecting for a profit don't buy most US Mint products. Those are for people who enjoy the coins themselves, their artistry (?), history, etc. Use as birth presents, gifts to boy scouts, etc. Maybe if speculators stopped buying them they would be worth something.
I don't think too many speculators are buying the Mint's coin sets these days, hence the declining mintage numbers.
This year's round of price increases on most products will only serve to further shrink the customer base. I know I'm not going to bother with most things this year. The first to go is the Presidential Dollar coin covers. I'm not paying an extra $4 per cover for them, especially considering the horrible re-design with the black bar on the bottom! Since I know I'm quitting the series, I won't bother buying the 2010's now either. I had held off on them so I could buy all four together after Lincoln came out for one shipping charge. Now I guess the Mint did me a favor, since that is four less covers I have to take a loss on selling now!
It's a shame the mint raised prices for nothing special items that many collected over the years. The economy is bad enough to deal with and many of us simply can't stretch further to buy things which are not necessary and will be kept in boxes, closets, or drawers. I see a lot of discussion here where many will not be buying or continuing to buy from the mint.
I only see the thoughts of a few who leave messages on these blogs. When the news hits the weekly publications and magazines, I suspect we won't see a lot of evidence of those people who also won't be buying any more. There is going to be a massive drop in sales and its completely due to the crazy jump in prices. Someone will do a tally in a quarter or two, and suddenly get excited that a lot is in fullfillment unsold. Wonder if the mint will reconsider eventually and drop pricing to former affordable levels. maybe I'm dreaming.
The price increases are the trend of the times. However there are still some judicious purchases to be made. I'm looking ahead to the satin finish W ASE, and the 1/10 Oz AGE.
Hmmmm. "I'm looking ahead to the satin finish W ASE." Perhaps I've missed something. I thought the Mint has already announced they will no longer be producing "satin finish" (uncirculated) coins and sets begining 2011. Rather they will resort to the older shiney / prooflike surface. I thought the satin finish was only available from 2006 to 2010, thus making the contained coins to be considered now as a short set.
So, perhaps you can update me?
What is the planned production target date to manufacture satin finish American Silver Eagles?
Which coins or sets (?) might be produced in 2011 with the "satin finish" ? Anyone know, thanks.
The satin finish has ended for circulated coinage only... penny, nickel, dime, quarters, half, sac and pres tokens. Numismatic bullion, spouses, commemoratives, etc. keep the satin finish unless specifically stated otherwise (such as the 5 oz. ATB specifically states brilliant finish)
Well if you want to consider investing in a coin, fairly unique and low mintaged, that ought to explode in just another few years.....you'd best consider grabbing as many 2006 ASE in REVERSE PROOF finish as you can. It is truely spectacular. Once the Mint stops the ASE's, and at some juncture they will, it will close the set. If you want completeness, you must obtain an example in every mint mark, date, and finish. There are tens of thousands who have collected proofs, unc.s, satins, and common bullion pieces by date in order to complete a set. Since there are (were) only 250,000 minted, that would be the maximum number of possible full and complete sets.
But it gets better in my view. Nearly all of the coins have graded MS69, MS70, or Cameo right out of the issuing capsule. Whether you've kept them in tact as issued, or shipped out to a grading service to mount a palstic slab and cute label.....it makes little difference. A reverse proof is awesome! Just my opinion. I'd rank this particular coin as "the coin" of the last decade. I don't care what the selling price is at present....just wait until the ASE series ends. Bang, zoom, to the moon!
January 12, 2011 5:36 PM
I agree. The Reverse Proof ASE is the nicest coin the mint has made in decades and the mintage is respectable too. What suprises me is how low the current selling is. I think these coins should be selling for at least $500 raw.
"I think these coins should be selling for at least $500 raw."
And so do I young fellow. So far, I have bought and salted away 137 of these beauties. Some in form of singles, others in the 3 coin sets, etc. I scoop up anytime I see a bargain price. Sometimes 1-2 a month, other times triple that. Depends who needs to sell to run after the flavor of the week. LOL.
A few think I'm carzy, but in a few years I expect at least a jump of 200%+ from current prices I've been paying for the past 4 years. To me that's a good return on my money. Instead of sitting in a gin mill after work, I convert spare bucks into these coins. Each to his own, that's what I'm doing.
"...you'd best consider grabbing as many 2006 ASE in REVERSE PROOF finish as you can. It is truely spectacular."
So what do these generally go for these days in raw state? MS 69? MS 70? Thanks.
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