US Mint Coin Production March 2011
Updated circulating coin production figures are available from the United States Mint, including coins struck during March 2011. The update also includes the preliminary production figures for the recently released Glacier National Park Quarter.
During March 2011, the US Mint produced 485.5 million coins for circulation at the Philadelphia and Denver Mints. This is down moderately from the prior month when 523.14 million coins were struck, but up from the level of the year ago period at 384.42 million coins.
All denominations were produced during the latest month, except for the half dollar. The table below shows a breakdown of production by coin and mint facility for March and the current year to date total.
|2011 US Mint Coin Production Figures|
|March 2011||YTD 2011|
|Lincoln Cent - Denver||128.00 M||535.20 M|
|Lincoln Cent - Phil.||210.40 M||537.20 M|
|Jefferson Nickel - Denver||20.16 M||100.32 M|
|Jefferson Nickel - Phil.||8.40 M||53.52 M|
|Roosevelt Dime - Denver||10.00 M||149.00 M|
|Roosevelt Dime - Phil.||43.50 M||126.00 M|
|Quarters - Denver||19.40 M||61.60 M|
|Quarters - Phil.||0||61.20 M|
|Kennedy Half - Denver||0||1.70 M|
|Kennedy Half - Phil.||0||1.75 M|
|Native Am Dollar - Denver||0||18.06 M|
|Native Am Dollar - Phil.||0.14 M||9.52 M|
|Pres Dollar - Denver||18.34 M||55.44 M|
|Pres Dollar - Phil.||27.16 M||62.72 M|
|Total||485.50 M||1,773.37 M|
Across both mint facilities there were 338.40 million Lincoln Cents produced in the latest month. This accounts for nearly 70% of circulating coin production by volume. The year to date total has already exceeded the one billion mark.
The least produced denomination for the month was the quarter with just 19.4 million coins produced. Although the quarter has been called the "workhorse coin" of circulation, the need for newly produced coins has diminished due to the large number of quarters within Federal Reserve Banks inventories. This has resulted in frustration for anyone trying to collect the new America the Beautiful Quarters from circulation.
For the month, the US Mint produced 18.34 million and 27.16 million Presidential Dollars at the Denver and Philadelphia Mints, respectively. This seems to be the start of production for the upcoming Ulysses S. Grant Presidential Dollar.
|2011 US Mint Coin Production by Design|
|Gettysburg Quarter||30.80 M||30.40 M||61.20 M|
|Glacier Quarter||31.20 M||30.40 M||61.60 M|
|Andrew Johnson Dollar||37.10 M||35.56 M||72.66 M|
The table above shows the coin production levels by design for the America the Beautiful Quarters and Presidential Dollars.
Generally, these numbers are provided when production of a certain design has been completed. However, for the ATB quarters, the US Mint has stated that they may restart production of a design within the year of release if demand exists from their bulk purchase program. Last year, this resulted in the striking of additional Hot Springs and Yellowstone Quarters.
The preliminary production figures for the Glacier National Park Quarter were provided in the latest update, at 31.2 million Denver Mint coins and 30.4 million Philadelphia Mint coins. Total production of 61.6 million is just above the level set for the Gettysburg National Military Park design.
Labels: Coin Mintages