US Government Prints 589.1 Million Banknotes in August 2013

by CoinNews.net on September 11, 2013 · 3 comments

US Money - $100s

The U.S. government printed more banknotes in August than in July, marking a third straight monthly increase, and the value of those notes topped the $30 billion level for the first time since May.

589.12 million in $1s, $5s and $100’s were printed for a total value of $32 billion, according to figures released Tuesday by the Bureau of Engraving and Printing (BEP), the agency responsible for manufacturing U.S. currency.

In month-over-month comparisons, the quantity of banknotes increased 12.3% while the total dollar value jumped 25.4%. The types of bills produced in August matched those of July. The big difference for the month came from the 64.32 million more $100s. Matching opposites, the quantity of $5s grew by 12.8 million from July whereas the number of $1s shrank by 12.8 million.

Here are reports from the BEP showing the type of banknotes printed during the month:

August 2013 BEP Money Production

Facility at Washington, DC

BEP Money Production at Washington, DC for August 2013

Facility at Fort Worth, TX

BEP Money Production at Fort-Worth, TX for August 2013

The BEP produced millions of $100 star notes. Those are referenced by the "*" designator in the above money production charts. Star notes are replacements for misprinted notes or certain serial numbers, like 000 000 000. Money collectors generally find them more desirable since they are harder to find.

The following table lists the type, the amount and the total value of notes printed by the BEP in August.

Banknotes by Denomination: Total Printed and Values

August 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 192,000,000 192,000,000
$5.00 83,200,000 416,000,000
$10.00 0 0
$20.00 0 0
$50.00 0 0
$100.00 313,920,000 31,392,000,000
Totals August 2013 589,120,000 $32,000,000,000

 

For comparison, tables of the previous three monthly money production totals are below:

July 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 204,800,000 204,800,000
$5.00 70,400,000 352,000,000
$10.00 0 0
$20.00 0 0
$50.00 0 0
$100.00 249,600,000 24,960,000,000
Totals for July 2013 524,800,000 $25,516,800,000

 

June 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 64,000,000 64,000,000
$5.00 71,360,000 356,800,000
$10.00 76,800,000 768,000,000
$20.00 0 0
$50.00 0 0
$100.00 250,240,000 25,024,000,000
Totals for June 2013 462,400,000 $26,212,800,000

 

May 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 134,400,000 134,400,000
$5.00 44,800,000 224,000,000
$10.00 70,400,000 704,000,000
$20.00 44,800,000 896,000,000
$50.00 0 0
$100.00 375,392,000 37,539,200,000
Totals for May 2013 669,792,000 $39,497,600,000

 

{ 3 comments… read them below or add one }

Boz September 12, 2013 at 7:53 am

How come none of the low serial numbers ever end up in circulation? Where do they go and who has access to hoard them all up…employees of various banks up line in the food chain?

Larry corrie September 13, 2013 at 6:50 pm

I would like to know or find out is it possible to buy any low early $100 notes especially the star notes there seems to be 10,000 uncut sheets plus 6,400,000 individuals of them what outrageously over priced set are they gonna show up in ? Also where do the new $100 notes go to in there distribution order ?
Every bank I ask about acquiring the new $100 bills and they act like they know nothing ? Really

Joe September 14, 2013 at 3:52 pm

Are these the new $100 (design) notes coming out in October 8 2013, or are they the same old bills?

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