US February Coin Production Lists McKinley, Roosevelt $1 Mintages

by Mike Unser on March 12, 2013 · 0 comments

McKinley and Roosevelt Presidential $1 Coins

Preliminary mintages were revealed for the McKinley and Roosevelt Presidential $1 Coins

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

Month Mintages Rank
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

Denomination Denver Philadelphia Total
Lincoln Cents 297,200,000 252,400,000 549,600,000
Jefferson Nickels 58,560,000 45,600,000 104,160,000
Roosevelt Dimes 83,000,000 89,500,000 172,500,000
2012 ATB Quarters 62,600,000 40,200,000 102,800,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Presidential Dollars 3,220,000 7,700,000 10,920,000
Total 504,580,000 435,400,000 939,980,000

 

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.

McKinley and Roosevelt Presidential $1 Coin Mintages

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

  Denver Philadelphia 2012 Total
Lincoln Cents 596,000,000 628,400,000 1,224,400,000
Jefferson Nickels 126,960,000 106,080,000 233,040,000
Roosevelt Dimes 185,500,000 211,500,000 397,000,000
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
Total 916,860,000 957,740,000 1,874,600,000

 

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.

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