The United States Mint struck more coins for circulation in June 2011 than in any previous month of this year, according to the latest coin production figures released by the bureau on Monday.
The Mint’s production pace in June surpassed May’s by 11.8 percent, marking a third-straight monthly increase. It was the busiest month for the United States Mint since the same time of a year ago. The figures also revealed mintages for the Olympic National Park Quarter which began circulating on June 13. The quarters are the most scarce to date.
In total, the Mint produced 903.06 million coins for circulation in June. The level was the highest since 918.94 million were coined in June 2010, the best month of last year.
Monthly US Mint Coin Production Figures / Mintages
|June 2011||903.06 M||2|
|May 2011||807.41 M||3|
|April 2011||640.17 M||9|
|March 2011||485.5 M||12|
|February 2011||523.14 M||11|
|January 2011||764.73 M||5|
|December 2010||80.200 M||13|
|November 2010||531.46 M||10|
|October 2010||730.22 M||7|
|September 2010||690.02 M||8|
|August 2010||743.78 M||6|
|July 2010||772.08 M||4|
|June 2010||918.94 M||1|
The two United States Mint facilities responsible for producing coins for circulation reside in Philadelphia and Denver. Presses in both locations were silent last month when it came to America the Beautiful quarters, Kennedy half dollars and Native American $1 coins. Quarters are generally produced each month, half dollars make their appearance usually only in the beginning of the year, and Native American $1’s are made throughout the year but not every month.
Jefferson nickels and Roosevelt dimes tend to show up monthly in the coin production tables and, in fact, June was the second best month of the year for them. Their totals trailed just behind those from May. Lincoln cents appear more than any other coin. The penny output from last month was 509,200,000 — easily the highest of the year. Pennies accounted for 56.4 percent of the Mint’s coin production total.
June 2011 US Mint Coin Production
|Kennedy Half Dollars||0||0||0|
|Native American $1s||0||0||0|
The United States Mint through the first six months of this year has pushed out 4.12401 billion coins for circulation. The amount is already more than the entire supply minted in 2009 (3.548 billion) and the pace is on track to top 2010 (6.37311 billion) by September.
Olympic quarters have taken the reign as most scarce. Their total mintage is 61 million, the lowest amount of quarters produced with a particular design in decades. The Philadelphia 2011-P Olympic quarter tied the previous two 2011-dated issues with a mintage of 30.4 million. The 2011-D Olympic quarter is the most scarce quarter-dollar produced in Denver with its mintage of 30.6 million. It should be noted, however, these numbers have the potential to increase. The United States Mint has a bulk purchase program in place that permits businesses to buy past quarter designs for a year even when it has stopped delivering them to Federal Reserve Banks. The possibility is low, but it did happen last year.
America the Beautiful Quarter Mintages
|Quarter||Denver Mintages||Philadelphia Mintages||Total Mintages|
|2010 Hot Springs National Park||34,000,000||35,600,000||69,600,000|
|2010 Yellowstone National Park||34,800,000||33,600,000||68,400,000|
|2010 Yosemite National Park||34,800,000||35,200,000||70,000,000|
|2010 Grand Canyon National Park||35,400,000||34,800,000||70,200,000|
|2010 Mount Hood National Forest||34,400,000||34,400,000||68,800,000|
|2011 Gettysburg National Military Park||30,800,000||30,400,000||61,200,000|
|2011 Glacier National Park||31,200,000||30,400,000||61,600,000|
|2011 Olympic National Park||30,600,000||30,400,000||61,000,000|
Based on the latest coin production figures, the United States Mint has already started manufacturing Rutherford B. Hayes $1’s. The Mint previously announced the final mintages for the first two issues of this year which honored Presidents Andrew Johnson and Ulysses S. Grant. Subtracting those numbers from the current year-to-date Presidential coin production figures leaves 49.56 million dollars unaccounted for, which means the Mint is about 2/3 of the way through it production run of the Rutherford B. Hayes $1’s. The coin is scheduled to launch into circulation on August 18.
For reference, the following table summarizes the latest United States mintage figures by coin design and denomination.
YTD 2011 Coin Production by Design
|Gettysburg Park Quarters||30,800,000||30,400,000||61,200,000|
|Glacier Park Quarters||31,200,000||30,400,000||61,600,000|
|Olympic Park Quarters||30,600,000||30,400,000||61,000,000|
|Kennedy Half Dollars||1,700,000||1,750,000||3,450,000|
|Native American $1||18,060,000||9,660,000||27,720,000|
|Johnson Presidential $1||37,100,000||35,560,000||72,660,000|
|Grant Presidential $1||37,940,000||38,080,000||76,020,000|