US Coin Production Soars Over 1.2 Billion in January 2013

by Mike Unser on February 8, 2013 · 0 comments

Rolls of White Mountain Quarters and McKinley Presidential $1 Coins

Mintages for White Mountain Quarters and McKinley Presidential $1 Coins have not been called

For the first time since at least early into the Great Recession, U.S. circulating coin production topped 1.2 billion coins for a month, United States Mint data for January shows.

If the pace stretches through to the end of the year, 2013 annual mintages would exceed 14 billion coins. Such a level has not been recorded since 2007.

More recently, January coin production at 1,223,680,000 surged 398.8% from December and 52.5% from a year ago. December is often soft as the U.S. Mint changes gears for the coming year. January is typically strong.

The following table shows how last month stacks up against others in 2012.

Monthly US Coin Production Figures / Mintages

Month Mintages Rank
January 2013 1,223,68 M 1
December 2012 245.34 M 13
November 2012 765.76 M 10
October 2012 1,040.12 M 2
September 2012 905.34 M 5
August 2012 655.55 M 11
July 2012 906.62 M 4
June 2012 975.59 M 3
May 2012 819.86 M 7
April 2012 858.04 M 6
March 2012 781.70 M 9
February 2012 579.86 M 12
January 2012 802.50 M 8

 

Every denomination but the Kennedy half-dollar was minted last month. Lincoln cents led, as they always do, with nearly 675 million, or 55.2% of the entirely monthly total.

Mintages have yet to be called for the first 2013 America the Beautiful Quarter honoring White Mountain National Forest in New Hampshire or for the first 2012 Presidential $1 Coin depicting William McKinley.

The U.S. Mint has been striking them as overall quarter and dollar figures climbed in January. Based on current figures, it appears mintages for the White Mountain quarter will be among the highest of the America the Beautiful Quarters while McKinley $1 coins will stick to similar smaller levels seen for the last year’s dollars. White Mountain quarters launched on Jan. 28, 2013. McKinley Presidential dollars debut on Feb. 19, 2013.

For reference, coin production figures for January follow.

US Circulating Coinage Production in January 2013

Denomination Denver Philadelphia Total
Lincoln Cents 298,800,000 376,000,000 674,800,000
Jefferson Nickels 68,400,000 60,480,000 128,880,000
Roosevelt Dimes 102,500,000 122,000,000 224,500,000
2012 ATB Quarters 112,200,000 67,200,000 179,400,000
Kennedy Half Dollars 0 0 0
Native American $1s 1,820,000 1,820,000 3,640,000
Presidential Dollars 3,360,000 9,100,000 12,460,000
Total 587,080,000 636,600,000 1,223,680,000

 

Kennedy halves, Native American $1 Coins and Presidential $1 Coins are produced for coin collectors. They are not distributed into circulation.

Production figures are based on data aggregated from the U.S. Mint webpage at: http://www.usmint.gov/about_the_mint/?action=coin_production.

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