U.S. Government Prints 477 Million Notes Worth $18.8 Billion in November

by CoinNews.net on December 29, 2008 · 0 comments

BEP Production FiguresThe U.S. government in November, and for the second consecutive month, printed fewer but higher valued banknotes, according to Bureau of Engraving and Printing (BEP) figures released Tuesday.

476,800,000 banknotes were produced last month valued at $18,841,600,000. In contrast, the BEP printed 608M Notes Worth $14.1B in October.

Compared to October, 51.2 million more $100s were issued. Additionally, 22.4 million of the less frequently issued $50s were printed.

The BEP also produced 10,000 sheets of $100s and 20,000 sheets of $50s in star notes (total of these not in table below). Star notes are replacements for misprinted notes or certain serial numbers, like 000 000 000. They are generally more desirable to collectors as they are rarer.

Spread across November’s 30 days, the BEP averaged some 15.9 million notes per day with a total daily face value worth about $628 million.

Printed Notes by Denomination, Volume and Face Value

November 2008

Denomination Total Printed Total Face Value
$1 153,600,000 153,600,000
$5 83,200,000 416,000,000
$10 51,200,000 512,000,000
$50 22,400,000 1,120,000,000
$100 166,400,000 16,640,000,000
Total 476,800,000 18,841,600,000

October 2008

Denomination Total Printed Total Face Value
$1 243,200,000 243,200,000
$5 115,200,000 576,000,000
$10 89,600,000 896,000,000
$20 44,800,000 896,000,000
$100 115,200,000 11,520,000,000
Total 608,000,000 14,131,200,000

September 2008

Denomination Total Printed Total Face Value
$1 316,800,000 316,800,000
$5 140,800,000 704,000,000
$10 70,400,000 704,000,000
$20 115,200,000 2,304,000,000
Total 643,200,000 4,028,800,000

In addition to the CoinNews monthly reports, banknote production totals may be found on the BEP page Monthly Production Figures.

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