US Mint Circulating Coin Production June 2011
For the month of June 2011, the United States Mint's circulating coin production reached 903.06 million. This is the highest monthly level since one year ago in June 2010.
Cents, nickels, and dimes accounted for the majority of production for the prior month, at 94.5% of the total. The balance of production consisted entirely of Presidential Dollars, with quarters and half dollars not struck during the month.
The table below displays the breakdown of production by denomination and mint facility. The first number column represents the production for June 2011, while the second column represents the latest year to date production figures.
2011 US Mint Coin Production Figures | ||
June 2011 | YTD 2011 | |
Lincoln Cent - Denver | 269.20 M | 1,252.94 M |
Lincoln Cent - Phil. | 240.00 M | 1,151.20 M |
Jefferson Nickel - Denver | 78.48 M | 276.96 M |
Jefferson Nickel - Phil. | 52.32 | 211.20 M |
Roosevelt Dime - Denver | 103.50 M | 393.00 M |
Roosevelt Dime - Phil. | 110.00 M | 425.50 M |
Quarters - Denver | 0 | 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 | 22.54 M | 97.58 M |
Pres Dollar - Phil. | 27.02 M | 100.66 M |
Total | 903.06 M | 4,124.01 M |
At the mid-year mark, circulating coin production is ahead of the levels of last year by about 15%. From January through June 2010, production had reached 3,597.43 million. For all of 2010, circulating coin production had reached 6,373.11 million.
For 2011, the mid year figures show that cents accounted for more than 58% of production. This was followed by dimes, which accounted for nearly 20% of production. From a personal perspective, cents and dimes have been the only 2011-dated coins that I have encountered in circulation.
The United States Mint has provided the preliminary production figures for the Olympic National Park Quarter. With 61 million produced across both facilities, the total is almost exactly in line with the previous two designs for the year. The US Mint does reserve the right to restart production of any design for the America the Beautiful Quarters Program within the year of release, so these numbers should not be considered final.
Shown below are all of the production levels by design that have been released by the US Mint so far. The figures for the listed Presidential Dollars can be considered final.
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 |
Olympic Quarter | 30.60 M | 30.40 M | 61.00 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
25 Comments:
OMG, I still unable to find any 2010 and 2011 Quarter here. For the 2009, I only have couple of 2009.
Agree with the first poster above. I have NOT seen but a very few cents in over 2 years, and absolutely no other denomination coins in circulation. I have to believe the Mints are producing coins and shipping them directly into storage warehouses somewhere for what reason I can't fathom. Absurd.
on rare occasions i get a 2009 quarter or penny. i have never seen a 2009 nickel or dime. rarer still are the 2010 quarters, an occasional penny and dime, but no nickels. for 2011, i have only find pennys and dimes. no quarters or nickels. i have even asked for them at my local back, one that supposedly supplies other banks with coinage. they have nothing.
For 2009 coins, I have plenty of pennies. No nickles, still can't find any despite two years of searching. Have a couple of dimes (P only). After a VERY long time searching I managed to secure one of each quarter out of circulation (P only).
For 2010 coins I have plenty of the penny. Tons of the nickels - I lucked out when buying from the bank and got about ten rolls of freshly minted 2010s (P only). A small number of dimes (P only). Finally got two quarters after extensive searching (i.e. buying rolls of quarters frequently from my bank) - one Grand Canyon, one Yosemite. Both P. Only located the Yosemite about two weeks ago.
For 2011? Handful of pennies. One nickel (P). Two dimes (P). No quarters.
My conclusion is that circulating coinage past 2008 is becoming rare. I live in the D.C. metro area, which likely explains my total inability to find any Denver coins. New quarters in particular seem to be extremely rare. I have two friends at work who have been searching for standard AtB quarters and cannot locate any. New nickels are also becoming uncommon,
I would highly suggest people grit their teeth and keep buying those Mint rolls of the AtBs, because I think you may find in some years that those clad quarters are worth something. Probably not "big money" like the First Spouses or other precious metals products, but I bet you will get a lot more than face value for them given how unusual they are going to be. The huge majority of them are in the hands of collectors right now, not the public. I suspect most of the coins not sold at the Mint are just lying in Federal Reserve vaults, likely to face melting in a few years.
As an addendum to my 5:59 comment, I should add that while Michael's report shows coin production up, I do not think most of these coins are actually making their way into general circulation. Is there some way of discovering where these coins are going after they are minted? If production is up I cannot imagine why it is so hard to find 2011 coinage.
Never seen any ATB quarters at all.
Saw exactly TWO Lincoln 2009 cents in a lady at works pocket change. Never found any since. I loaded up o9n mint boxes of those cents when they were up for sale by the mint..
I've seen a good number of comments in the last year about how recent minted circulating coinage is difficult to come by. My thinking is because of the economy that hoarding has begun with numerous homes now secreting stashed away tin cans full of pennies, nickels, dimes, and quarters in addition to all the collectors who may have upped their roll coin storage. Since all but the dimes have new designs perhaps people think they are worth more than previous years. Another alternative is the banks are not releasing a lot of them for some reason. Or perhaps both things are happening.
Once the mint saw how people paid up for those bicentennial Lincoln penny rolls in 2009 they were hooked on selling them direct and cashing in.
So if you want 2009, 2010 or 2011 coins you have to buy them straight from the mint now. The sad part is these coins are like new cars, once you get them home they lose half their value.
Anon @ 12:20, I could certainly agree with this theory on quarters or the 2009 pennies (I should add that I have seen no new 2009 pennies in about one year). However, that doesn't explain the difficulty of finding dimes and nickels. You CANNOT find new dimes and nickels past 2008, period, and the Mint is not selling these in rolls. Even a friend who owns a small business has not seen any, and he looks for them too as a fellow coin collector.
I really think the issue is for some reason banks aren't buying new coinage at all or the Federal Reserve (I believe those are the initial receivers of the coins after minting) are refusing to sell them to banks.
I believe the appearance of new coins depends on where you live and which city.
I believe if you live in a major metropolitan area where there are large business that have multiple cash transactions, you'll see more coins. That's because those businesses will obtain coins rolls from banks in large quantities.
I live in the DC area and have seen many of the 2010 coins. I have seen a few 2011 pennies as well.
You're likely seeing many of the older coins because newer coins (2010/2011) simply are not needed in your areas.
if 2011w AGE 1 oz unc gold coin mintage is low. the last few days before sales close. the big buyers can consume few thousand pieces right away.
remember the 2004 & 2005 nickels. it cost a lot to buy them. but now you try to sell it to the coin dealers. it's face value only.
Anon @ 3:27, I live in the Baltimore area, and I am just not finding newer dimes, nickels, or quarters. I have been collecting circulating coinage for years and never had any problems until 2009. These coins just do not show up in vending machines, cash registers, etc. The only place you can find them is by digging through rolls at banks. I have had more success finding buffalo nickels and silver Roosevelt dimes than I have the 2009 nickel.
We need a way to get in touch with other posters here. I get the new quarters by the rolls at the bank, and I live in a smaller town, about an hr from Detroit. Maybe we could help each other out. I usually save a few rolls for myself and spend a roll, just to get some out there. I would imagine they don't last very long before they are snatched up, but I try.
@July 15, 2011 8:33 AM
That is a great offer, I have been asking my bank for 3 years about new coins on a monthly basis. Each and every time they have said they don't have them.
Certainly I would love to take you up on this offer if you're serious about it.
@July 15, 2011 8:33 AM & JA
Maybe you can try arranging a swap via the forum at Coin Network. http://www.coinnetwork.com/
This is a coin collecting social network that I set up a few years ago.
WOW, I am feeling really lucky living in a small town in Colorado, 160 miles west of Denver. Banks here get fresh rolls and I am lucky to score all demoninations. I tried selling them on eBay for small markup but man NOBODY is buying or willing to pay the mark up! Thanks for the link to coinnetwork!
Anon @9:55, it's true you can't get good prices for anything clad right now. That has to do partly with the climate in the coin collecting world right now. Collector and dealer interest in anything not made of precious metals is basically zero right now. There is a huge overfocus on gold and silver at the moment due to a combination of the economic climate and the meteoric rise in precious metals prices.
I think we will see a comeback in clad one the situation shakes itself out. In my opinion, you should think about squirreling away the best examples you can find of any circulating coin past 2008. I could easily see some of them becoming key dates if the bulk of these coins end up being melted.
I live in the US Virgin Islands. I found lots of 09 10 11 pennies dimes nickels. Sold several rolls of 2010 pennies when they were hot but couldn't get 09 dimes or nickels until about 6 months ago. I see P. R. & V. I. quarters daily but no ATB.
The coins you guys are talking about, are they "collectible"?
Why would you buy these coins more than the face value if they make billions of those for circulation. I try to get rid of my loose change coins and I have trouble getting rid of them. Some machine actually deduct the value of the coins fed into them.
I have trouble spending my $1 coins that I got from the coin shows (change for entrance fees). Nobody want them.
I only collect gold and silver coins so I am very ignorant about the rest.
"I think we will see a comeback in clad one the situation shakes itself out"
Clad is worthless. Buy silver proof sets if you must, but don't buy the copper nickel "sandwiches"!
I have been looking at the nickels here in FL and have also noticed that there are extremely few coins for 2010 and 2011. So far in 6 boxes I have only seen about 20 coins for those years. Something is definitely going on. I am also seeing the same thing in quarters. The mint says that they're producing but they're not showing up in circulation. Where are they?
They are still at The Fed, I have noticed a ton of un-circulated State Quarters, either The Fed is getting rid of them or collectors are in either case because banks can not order specific type rolls from the Fed, they get what they get and apparently the new rolls are not needed, as the state quarters are being dis-horded I suspect that the mintage will crash...by the way I was real lucky I found 2 ATB coins but none of them are from 2011. This is my 2 cents but in a earlier post I was called a fool for paying the mint markup for them but as noted I can not get them any other way.
Anon @ 9:59 PM
It's actually not true that they make billions anymore except for pennies. Many clad coins have dropped down to the tens of millions, and of those, many coins are simply not circulating at all and are rotting away in Fed/bank vaults. Eventually I think you will see significant premiums for some of these coins as casual collectors discover they can't find any to fill in those holes in their coin albums. I doubt you will get like $100 or $200 bucks for an AtB, but you might get $5 or $10 or even $20.
And as for the person who says all clad is worthless, if you got a good quality buffalo nickel or Indian head cent, would you throw that away? After all, it's "not gold and silver!"
The more thinking like this pervades the market, the easier it will be for me to pick up some nice Indian heads and buffaloes for myself while people pay grossly inflated premiums for common date gold quarter eagles and half eagles.
Still have not gotten any 09,10, or 11 dimes or nickels. Have found 1 type of ATB 2010 quarter (Yellowstone), and 2 ATB 2011 quarters (Gettysburg). In Western NC. Tim
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