Just above 8 million looks to be mintage targets for each of the 2013 Presidential $1 Coins, new coin production figures from the United States Mint suggest.
Overall, the U.S. Mint struck 939,980,000 circulating-quality coins in February 2013. That is exceptionally high coming on the heels of an accelerated production pace in January when newly dated coins launched.
Staying true to historical trends, there was a 23.2% cutback from the year’s start. But February stormed ahead with 62.1% more coins made than a year ago. A normally weaker production month shot to the fourth highest mintage slot in the past 12 months.
2012 – 2013 February Coin Production Figures / Mintages
|February 2013||939.98 M||4|
|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||6|
|August 2012||655.55 M||11|
|July 2012||906.62 M||5|
|June 2012||975.59 M||3|
|May 2012||819.86 M||8|
|April 2012||858.04 M||7|
|March 2012||781.70 M||9|
|February 2012||579.86 M||12|
Lincoln cents always top coin production figures. Their numbers increased 549.6 million in this latest round to account for 58.5% of the circulating-quality coins produced in February.
U.S. Mint facilities in Denver and Philadelphia strike every circulating coin for commerce. Overall, their production levels retreated from the previous month by:
- 18.6% for Lincoln cents,
- 19.2% for Jefferson nickels,
- 23.2% for Roosevelt dimes and
- 42.7% for America the Beautiful Quarters
But on the flip side, they surged from year ago totals by:
- 57.7% for Lincoln cents,
- 37.3% for Jefferson nickels,
- 67.5% for Roosevelt dimes and
- 134.7% for America the Beautiful Quarters
For reference, coin production figures for February follow.
US Circulating Coinage Production in February 2013
|2012 ATB Quarters||62,600,000||40,200,000||102,800,000|
|Kennedy Half Dollars||0||0||0|
|Native American $1s||0||0||0|
A total of 2,163,660,000 coins were minted through the first two months of 2013. That marks a 56.5% increase over the same period in 2012. Splits for the year by U.S. Mint facility stand at 1,091,660,000 for Denver and 1,072,000,000 for Philadelphia.
Of note, mintage levels have yet to be published for the inaugural 2013 America the Beautiful Quarter honoring White Mountain National Forest in New Hampshire, though it was released into circulation beginning on Jan. 28, 2013. There is a chance its mintage tally will be the highest of the already released ATB quarters.
And as shown above, every denomination but Kennedy half-dollars and Native American $1 Coins were minted last month.
50-cent pieces are no longer distributed outside of collector products, and bags of the coins are not scheduled to go on sale until June. It could be a month or two before half-dollars start flowing through U.S. Mint presses.
As for Native American $1 Coins, 3.64 million were struck in January. They, like the Presidential $1 Coins, have not been produced for commerce since 2011. They are minted solely for coin collectors. Rolls, bags and boxes of the Native American $1 Coins go on sale next month.
At least preliminary mintages have been called for William McKinley Presidential dollars and Theodore Roosevelt Presidential dollars. Their totals — above 8 million — and splits by U.S. Mint facility are directly below. Rolls, bags and boxes of circulating-quality McKinley dollars launched on February 19, 2013. Similar products featuring Roosevelt dollars debut in April.
McKinley $1 and Roosevelt $1 mintages could rise if collector buying escalates, but the U.S. Mint has a better grasp on expectations. They now have a year of experience in selling Presidential $1 coins since their production for commerce ended. It would seem the over 8 million coins per design could be enough. (See past $1 coin mintages.) As of last Monday, collector sales of McKinley dollars in rolls, bags and boxes total 4,581,475 coins.
The following table offers a breakdown of mintages by coin design.
2013 Circulating Coin Production / Mintages by Design
|White Mountain Quarter||0||0||0|
|Perry’s Victory Quarter||0||0||0|
|Great Basin Quarter||0||0||0|
|Fort McHenry Quarter||0||0||0|
|Mount Rushmore Quarter||0||0||0|
|Kennedy Half Dollars||0||0||0|
|Native American $1||1,820,000||1,820,000||3,640,000|
|William McKinley $1||3,360,000||4,760,000||8,120,000|
|Theodore Roosevelt $1||3,220,000||5,180,000||8,400,000|
|William Howard Taft $1||0||0||0|
|Woodrow Wilson $1||0||0||0|
In subtracting the totals by coin design from the overall production figures by denomination, two differences are found.
282,200,000 America the Beautiful Quarters have been produced. The bulk of them would logically be White Mountain National Forest Quarters since they are released. Some are likely Perry’s Victory and International Peace Memorial Quarters as they launch in April.
There is an extra 6,860,000 Presidential $1 Coins not assigned to McKinley $1’s or Roosevelt $1’s. The amount likely represents a good part of William Howard Taft $1’s. Taft dollars are expected out in July.
Coin production figures are based on data aggregated from the U.S. Mint webpage at: http://www.usmint.gov/about_the_mint/?action=coin_production.