US Government Prints 547.8 Million Banknotes in June 2010

by CoinNews.net on July 7, 2010 · 1 comment

BEP Production FiguresThe U.S. government printed fewer bills in June than in May, making the month the third busiest in 2010, according to figures from the agency responsible for manufacturing U.S. currency. The value of the banknotes produced in June reached the second highest monthly level this year, right behind May.

The Bureau of Engraving and Printing (BEP) on Thursday released the latest production numbers for June which show it made $1s, $5s, $20s and $100s — the same denominations that were printed between February and May. $10s and $50s continue in a holding pattern, having not been printed since June 2009.

Combined, the BEP produced 547,840,000 banknotes that have a total value of $22,275,200,000. By comparison, May figures were for 551.680 million notes that were worth more than $24.265 billion.

2010 Monthly Banknote Totals

# Notes
(in millions)
Total Value
(in billions)
January 487.000 $14.100
February 504.476 $14.098
March 605.952 $22.138
April 519.136 $21.735
May 551.680 $24.266
June 547.840 $22.275

 

June saw more $1s and $20s than May, with respective differences of 6.40 million and 12.16 million. However, fewer $100s were produced last month to the tune of 22.4 million. The number of $5s was exactly the same.

BEP Money Production in June 2010

Facility at Washington, DC

BEP Note Production in June 2010 at Washington, DC

Facility at Fort Worth, TX

BEP Note Production in June 2010 at Fort Worth, TX

The agency also produced a number of $5 and $100 star notes, as depicted by the "*" reference in the attached images. Star notes are replacements for misprinted notes or certain serial numbers, like 000 000 000. As they are rarer, money collectors generally find them more desirable.

Bills by Denomination, Volume and Value

June 2010

Denomination Total Printed Total Value
$1.00 96,000,000 96,000,000
$5.00 96,640,000 483,200,000
$10.00 0 0
$20.00 172,800,000 3,456,000,000
$50.00 0 0
$100.00 182,400,000 18,240,000,000
June Totals 547,840,000 22,275,200,000

Spread across the 30 days last month, the BEP averaged over 18.26 million notes per day with a total daily value of about $742.51 million.

For reference, the prior month of production figures are included below:

May 2010

Denomination Total Printed Total Value
$1.00 89,600,000 89,600,000
$5.00 96,640,000 483,200,000
$10.00 0 0
$20.00 160,640,000 3,212,800,000
$50.00 0 0
$100.00 204,800,000 20,480,000,000
May Totals 551,680,000 24,265,600,000

 

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