US Mint Coin Production May 2011
Circulating coin production at the United States Mint jumped to its highest monthly level in nearly a year. Across all denominations, there were a total of 807.41 million coins produced at the Philadelphia and Denver Mints during May 2011.
The breakdown by denomination shows a heavy concentration in the lower denominations. Cents, nickels, and dimes made up 97.64% of all circulating coinage struck during the month. Small amounts of quarters and Presidential Dollars accounted for the remaining production.
The table below shows the production for each denomination by mint location. The first number column represents the monthly production, while the second column represents year to date production through May 31, 2011.
|2011 US Mint Coin Production Figures|
|May 2011||YTD 2011|
|Lincoln Cent - Denver||236.14 M||983.74 M|
|Lincoln Cent - Phil.||204.80 M||911.20 M|
|Jefferson Nickel - Denver||65.76 M||198.48 M|
|Jefferson Nickel - Phil.||67.68 M||158.88 M|
|Roosevelt Dime - Denver||93.00 M||289.50 M|
|Roosevelt Dime - Phil.||121.00 M||315.50 M|
|Quarters - Denver||16.80 M||92.20 M|
|Quarters - Phil.||0||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||1.11 M||75.04 M|
|Pres Dollar - Phil.||1.12 M||73.64 M|
|Total||807.41 M||3,220.95 M|
With five months of the year completed, the US Mint is on pace to exceed the production levels of the prior year. For all of 2010, there were 6.37 billion coins struck for circulation.
The production level for the nickel is setting a faster pace than the previous year. The year to date total of 357.36 million compares to last year's annual total of 490.56 million.
The Native American Dollars are on a slower pace. However, the US Mint will be legally required to increase production at some before the close of the year. By law, at least 20% of all dollar coins produced for each year must be Native American Dollars. The current percentage is 15.71%.
Final production figures for the Ulysses S. Grant Presidential Dollar were released with the latest data. For coins with rotating designs, the US Mint has generally provided figures following the end of production. (Although production of America the Beautiful Quarters may be restarted at any point during the year of issue.)
There were 76.02 million Ulysses S. Grant Presidential Dollars struck across both facilities. This is slightly greater than the number of coins struck for the previous release featuring Andrew Johnson.
Shown below are all of the production levels by design that have been released by the US Mint so far.
|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|
|Ulysses S. Grant Dollar||37.94 M||38.08 M||76.02 M|
Labels: Coin Mintages