US Mint Coin Production April 2011
Circulating coin production at the United States Mint reached its highest monthly level since January. Across all denominations, there were 640.17 million coins produced at the Philadelphia and Denver Mints.
This is up from 485.50 million circulating coins produced in the previous month, and also up from the 451.96 coins produced in the year ago period.
Total production for the year to date has now risen to more than 2.4 billion. During all of 2010, the US Mint had struck 6.37 billion coins.
The table below shows a breakdown of production by coin and mint facility for April, along with the year to date totals.
| 2011 US Mint Coin Production Figures | ||
| April 2011 | YTD 2011 | |
| Lincoln Cent - Denver | 212.40 M | 747.60 M |
| Lincoln Cent - Phil. | 169.20 M | 706.40 M |
| Jefferson Nickel - Denver | 32.40 M | 132.72 M |
| Jefferson Nickel - Phil. | 37.68 M | 91.20 M |
| Roosevelt Dime - Denver | 47.50 M | 196.50 M |
| Roosevelt Dime - Phil. | 68.50 M | 194.50 M |
| Quarters - Denver | 13.80 M | 75.40 M |
| Quarters - Phil. | 30.4 M | 91.60 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 | 9.66 M |
| Pres Dollar - Denver | 18.49 M | 73.93 M |
| Pres Dollar - Phil. | 9.80 M | 72.52 M |
| Total | 640.17 M | 2413.54 M |
As was the case for each month of the year so far, the Lincoln Cent accounted for the largest proportion of production. The US Mint struck 381.6 million cents across both facilities, accounting for almost 60% of all coin production. For the year to date, more than 1.45 billion cents have been produced.
Production of nickels and dimes saw an increase in the latest month. There were just over 70 million nickels and exactly 116 million dimes produced. For these two denominations, this is the highest monthly production since January. The year to date production figures for each denomination are now already more than double the full annual production for 2009. For that year, final mintages were at the lowest levels in decades.
There were 44.2 million quarters produced for the month. This seems to represent the initial production for the Olympic National Park Quarter, due to be released on June 13, 2011.
There were 28.29 million Presidential Dollars struck, representing the continued production of the Ulysses S. Grant Dollar, set to be released on May 19, 2011.
The following table shows the production levels by design for the America the Beautiful Quarters and Presidential Dollars. For the quarters, the data is preliminary since production may be restarted for any design during the year of issue. No new figures have been added since last month's update.
| 2011 US Mint Coin Production by Design | |||
| Denver | Phil. | Total | |
| 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 |
Labels: Coin Mintages
posted by Mint News Blog @ 6:35 AM
23 Comments:
With so many state quarters created, I have yet to see a single one in circulation and my bank continues to tell me they have never seen them.
The first one I actually saw in person was the 5 ouncer I bought from the mint!
My bank sometimes gets a box of the new quarters by sheer chance. They had one box of Glacier recently, so I was able to get a couple rolls at face value.
I wonder why no one seems to care about the low mintages anymore? If these were like the 50 State Quarters, rolls would be fetching $100+ each due to scarcity!
i have yet to see a 2009 nickel or 2009 dime. on occasion i get one of the four lincoln pennies, and see a territories quarter (DC seems to be the most prevalent), tho i just found a Samoa in my change this last week. 2011 pennies are everywhere, and i jsut started seeing nickels & dime. i can't count on one hand the number of 2010 quarters.
where do they all go?
I wonder why no one seems to care about the low mintages anymore?
No need to get excited until the end of the year as the mint can restart production for bulk purchases
"I wonder why no one seems to care about the low mintages anymore?"
Because a "low" mintage is still probably 1,000 or 10,000 times as many as the number of collectors.
Consider the mint only made 27,000 of this 5 oz. ATB and it took a week to fid enough collectors to buy them. And some bought 2 or 5 using different addresses. How many collectors are there?
Now here's a super idea! I keep reading about the grading services enticing unwary people to pay extra premiums for coins because they added a "First Strike", "Early Release" or other useless tag to the slab. They get a decent fee for doing so, and the flippers and others foist these for sale on ebay and other paper adverstisements.
Well, I have a SUPER idea. I am going to contact a few grading services and inquire whether they will be willing to set up a grading label "Last of the Series", or "Final Design" and stick them onto slabs that I could sell. We need to arrange a special price for these as I'm thinking of the 20 or so 500 coin sealed unc. bags of 2003 P&D Jefferson Bags that I've stored. As you know, 2003 was the final year of the 1938-2003 Jefferson Monticello reverse nickels.
In my view the last or final of a series is just as desirable as the first or early distribution coins. I just wonder how many collectors and investors thought to save 2003's for the future. I love the idea. You've just got to think out of the box these days.
Where can one find a list of the most recent proof, commemoratives,gold,silver coinage mintages? Are these numbers top secret or something?
Why are they not listed somewhere?
I have seen hundreds maybe thousands of 2009 and 2010 cents. I work at a big box retailer. If I point out the new 09 and 2010 cents I don't think one customer knew about them. I have only seen 1 ATB quarter. I see quite a few really nice state quaters {people spending the rolls they saved}? Also I order the direct ship dollars. Contrary to other comments previously on this blog I have never had any cashier say they don't take them or have never had them check with management to see if they can take them, at fast food and other retailers. I was in the post office one day and the clerk was all excited when I paid with new presidential dollars. She said WHERE did You get these? She said She had a co worker who saves any She finds{very few} for gifts. I have seen only 10 or so wheat cents. I have worked there about a dozen years so I see a fair amount of coins. One day 2 kids paid with some Ike dollars and a couple peace dollars.
anyone pay with a $20 UHR coin ?
I am always surprised at the blind trust and deference accorded to the TPGs in general and to PCGS in particular. Only PCGS could pull off a stunt like: Our population stat on this Sacagawea $ is low. Voila! Its worth is $2000. Not to mention that the Mint churned out 45 million of them! Ditto "First Stike, Secure Plus, ,... A fool and his coin soon part company! And quite frankly on a passing whim.
To anon at May 12, 2011 9:50 AM
> Now here's a super idea! ...
Try Mr. Hall @ PCGS. He has been giving seminars on Chinese fakes. He should know!
Just curious, but why do they feel the need to produce 400+ million circulating coins per month? I would love to know the number the mint feels is the necessary number to have in circulation at one time. Coins stay in circulation for a very long time. I still recieve '65 quarters all the time and they are in great shape. Paper money I completely understand as their life expectancy is much less, but coins??? Feel free to fill me in on what I am missing here.
The reason many are not seeing the newer coinage is that our government is likely using it to pay off debts for foreign banks and governments. They are probably sending them coinage since even these foreign banks realize that our paper money is soon to be worth not much more than toilet paper. At least clad coinage has some intrinsic value. Just a thought...
http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
They make coins because it is profitable! They make a quarter for 7 cents and get 25 cents for it. Makes millions for the government.
If our paper money iss worthless, then so is
our clad coinage. Also it costs money to ship coins.
I'm kind of glad there is a low population of hardcore collectors. It's hard enough getting some nice rare gems when they come up for sale. Some of those coins never see the light of day for decades. if the population ever wakes up to coin collecting in a large way lots of nice stuff will become scarce real quick. Even more common dates. So let's be glad we have nice affordable coins at this point and that the mint does produce some desirable stuff even though it's not totally exceptional. I just got my hot springs 5 ozers and I must say these things are DAMN beautiful to behold. I really like the mint ones versus the uncircs. I don't say this often but great job US mint! I can't wait to see the yellowstone ones! And especially the grand canyon! And I can't wait for the palladium this year. I hope the PM's market crashes before these are released (but I doubt it)!
So many coins that I don't see in circulation. Tim
I actually found a Yellowstone quarter in my change. Only took a year. Low mintage tough to find any. Maybe the national park quarter series is the one to get for clad?
I have been getting the ATB quarters by the roll, at the local bank. Usually keep a few for myself, and bust one open to spend.
The majority of my purchases are cash. Furthermore, I buy rolls of quarters for laundry (that I look through). The only coins I see in circulation are a few 2010 shield cents, 2 yellowstones, one hot springs. Yesterday, I was fortunate to find my first 2011 coin, a 2011 D Gettysburg, in a bank roll of quarters. The 2010 and 2011 coins are very difficult to come across in circulation with the exception of the 2010 shield penny. This is simply my own experience from dealing with roughly $200 in change over the past couple years. Are other people having the same difficulty finding these in circulation?
I thought the reason for making coins was to support commerce. How can coins support commerce when their value has been eroded to near nothing?
Today's quarter has the same purchasing power as the penny did in 1964; the year we removed silver from our coins.
I'm not saying we should go back to a silver or gold standard. A floating currency has some economic benefits.
I'm just saying that if we float our currency, we need to update it periodically so it continues to perform its intended task...support commerce.
We should follow Norway's example and take away the legal tender status of the penny, nickel, and dime. We should make a copper/zinc quarter the size of the penny and work our way up from there.
We should have $5, $10, and $20 coins, also...perhaps with some (maybe 20%) silver. That would not only make coins useful again, but would make coin collecting a whole lot more interesting!!
...(imho).
...thoughts?
Hey, Anonymous, at May 13, 2011, 6:30 p.m. Where are you and what's your local bank? Share a little with your fellow coin aficionados (sp).
I live in the U.S. Virgin Islands and just found my first 2011 Shield penny two days ago. In comparison to last year when Puerto Rico & the U.S. Virgin Islands received the 2010 Shield pennies before the “official release” in February and I was getting them by the roll to sell on the net for a nice little profit.
I’m just now starting to see 2009 nickels & dimes in circulation. I think they were all sold back to the mainland when our neighbors in Puerto Rico got them first.
Thanks for the update. Seems like we have to move to the Territories to have a crack at actual full rolls of some of the regular production coins from the Mint. Why is that? Any thoughts, Michael, on why that seems to be the case? What is the rhyme and reason of the Mint's distribution policies? Thanks for your thoughts.
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