US Government Prints 496 Million Banknotes in September 2010

by CoinNews.net on December 9, 2010 · 1 comment

BEP Production Figures25.28 million more U.S. banknotes were produced in September as compared to August, the Bureau of Engraving and Printing said Tuesday in a report that was published one month later than normal and after the close out of the agency’s fiscal year.

The monthly increase is the second straight for the BEP after a string of two consecutive declines.

The production data indicates that $5s were not printed for a second month. However, a small batch of $10s made an appearance for the first time since July 2009. $50s have remained silent since then.

The BEP produced 496,640,000 banknotes in September 2010 which translated to $29,677,440,000 across the various denominations. August figures indicated 471.3 million notes worth more than $22.3 billion were manufactured.

While September ranked only as sixth busiest month this year for the Bureau of Engraving and Printing, it made the top spot for the highest total value of bills produced during a month.

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
July 447.872 $21.325
August 471.360 $22.394
September 496.640 $29.677

 

The large value increase was achieved due an enormous run of $100s. More than 25.2 million were produced in September versus August. The BEP did print fewer $1s and $20s, to the tune of 37.7 million and 16.3 million, respectively.

September 2010 BEP Money Production

Facility at Washington, DC

BEP Note Production in August 2010 at Washington, DC

Facility at Fort Worth, TX

BEP Note Production in August 2010 at Fort Worth, TX

The BEP also produced a number of $1, $10, $20 and $100 star notes, as depicted by the "*" reference in the above 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

September 2010

Denomination Total Printed Total Value
$1.00 77,440,000 77,440,000
$5.00 0 0
$10.00 3,200,000 32,000,000
$20.00 150,400,000 3,008,000,000
$50.00 0 0
$100.00 265,600,000 26,560,000,000
September 2010 Totals 496,640,000 29,677,440,000

 

Spread across the 30 days in September, the BEP averaged over 16.5 million notes per day. Those bills averaged to a daily value of more than $989.24 million.

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

August 2010

Denomination Total Printed Total Value
$1.00 115,200,000 115,200,000
$5.00 0 0
$10.00 0 0
$20.00 166,720,000 3,334,400,000
$50.00 0 0
$100.00 189,440,000 18,944,000,000
August Totals 471,360,000 22,393,600,000

{ 1 comment… read it below or add one }

Eusebio December 9, 2010 at 4:17 pm

My question is how the BEP will fix the mess with the new $100 bills. Of course it will come out of the tax payers pocket.

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