US Mint Coin Production in August, Fort McHenry Quarter Mintages

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2013 Ft. McHenry Quarter
Preliminary mintages were revealed for the 2013 Fort McHenry Quarter

Far fewer coins were struck for circulation in August than in any other month this year, coin production figures from the United States Mint show. Also revealed by the Mint were mintages for the 2013 Fort McHenry quarter.

Historically, August is often a tepid coin production month. On cue, this last one reached 724.91 million coins, sharply snapping a streak of four straight monthly gains of at least 1 billion coins.

In traditional comparisons, last month’s production pace was down 40.9% from July yet cruised 10.6% ahead of the 655.5 million coins struck in August 2012. Here’s how the month stacks up to others over the past year:

2012 – 2013 August Coin Production Figures / Mintages

Month Mintages Rank
August 2013 724.91 M 11
July 2013 1,225,96 M 1
June 2013 1,070,12 M 5
May 2013 1,084.36 M 4
April 2013 1,117.23 M 3
March 2013 932.56 M 8
February 2013 939.98 M 7
January 2013 1,223.68 M 2
December 2012 245.34 M 13
November 2012 765.76 M 10
October 2012 1,040.12 M 6
September 2012 905.34 M 9
August 2012 655.55 M 12

 

Federal Reserve Banks always order more pennies from the U.S. Mint than any other denomination. In August, the Mint produced 440.4 million of them. That represents 60.8% of all circulating-quality coins struck for the month.

Dollar coins and Kennedy half-dollars are no longer produced for commerce. As such, the U.S. Mint only makes enough of them to fulfill collector demand. Native American $1 Coins have not been produced since January and presses have been silent for Kennedy half-dollars since April. For a second straight month, the Mint made Presidential $1 coins but in limited quantities — 10,000 in August and 3.36 million in July.

As for coins used every day by Americans, each logged month-over-month production declines of:

  • 38.6% for Lincoln cents,
  • 45.9% for Jefferson nickels,
  • 40.1% for Roosevelt dimes, and
  • 47% for America the Beautiful Quarters

The following table offers last month’s coin production figures by denomination:

US Mint Circulating Coin Production in August 2013

Denomination Denver Philadelphia Total
Lincoln Cents 169,200,000 271,200,000 440,400,000
Jefferson Nickels 32,640,000 39,360,000 72,000,000
Roosevelt Dimes 49,500,000 81,000,000 130,500,000
2013 ATB Quarters 41,800,000 40,200,000 82,000,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Presidential Dollars 10,000 0 10,000
Total 293,150,000 431,760,000 724,910,000

 

Year-To-Date 2013 Circulating Coin Production

United States Mint plants in the cities of Philadelphia and Denver are tasked with producing all coins for commerce. For the January through August period, the Philadelphia Mint struck 4,251,370,000 coins and the Denver Mint produced 4,058,750,000 coins.

Both facilities have a combined year-to-date total of 8,310,120,000 coins, marking a 30.3% increase over the 6,379,660,000 coins struck through the first eight months in 2012. This year’s monthly average of more than 1.04 billion coins would place the annual coin production total above 12.4 billion coins or the most since 14.4 billion were minted in 2007.

The following table offers the latest production breakdown by U.S. Mint facility:

Circulating Coin Production from Jan 2013 – Aug 2013

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Pres $1 Total:
Denver 2342.8M 443.52M 716.M 538.8M 1.8M 1.82M 14.01M 4058.75M
Philadelphia 2637.2M 417.6M 754.5M 419.M 1.8M 1.82M 19.45M 4251.37M
Total 4980M 861.12M 1470.5M 957.8M 3.6M 3.64M 33.46M 8310.12M

 

Mintages for 2013 Fort McHenry Quarters

Demand continues to climb for America the Beautiful Quarters. Preliminary mintages were published for the Fort McHenry National Monument and Historic Shrine quarter that launched into circulation on August 26. Mintage splits for the Fort McHenry quarter are 151,400,000 from Denver and 120,000,000 from Philadelphia for a combined total of 271,400,000.

When comparing those figures to other America the Beautiful Quarters:

  • The Fort McHenry quarter mintage total is second highest. 2012 Denali quarters leads them all at 302 million.

  • 2013-P Fort McHenry quarters have the third highest mintage of Philadelphia struck quarters. They fall behind the immediate prior 2013-P Great Basin quarters at 122.4 million and last year’s final 2012-P Denali quarters at 135.4 million.

  • 2013-D Fort McHenry quarters have the second highest mintage of Denver produced quarters. 2012-D Denali quarters lead at 166.6 million.

Here is a table showing the known America the Beautiful Quarter mintages:

Mintages of 2010 – 2013 America the Beautiful Quarters

  Denver Philadelphia Total
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 30,400,000 30,800,000 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
2011 Vicksburg National Military Park 33,400,000 30,800,000 64,200,000
2011 Chickasaw National Recreation Area 69,400,000 73,800,000 143,200,000
2012 El Yunque Quarter 25,000,000 25,800,000 50,800,000
2012 Chaco Culture Quarter 22,000,000 22,000,000 44,000,000
2012 Acadia Quarter 21,606,000 24,800,000 46,406,000
2012 Hawai’i Quarter 78,600,000 46,200,000 124,800,000
2012 Denali Quarter 166,600,000 135,400,000 302,000,000
2013 White Mountain Quarter 107,600,000 68,800,000 176,400,000
2013 Perry’s Victory Quarter 131,600,000 107,800,000 239,400,000
2013 Great Basin Quarter 141,400,000 122,400,000 263,800,000
2013 Fort McHenry Quarter 151,400,000 120,000,000 271,400,000
2013 Mount Rushmore Quarter

 

The following grid lists 2013 mintages by coin design (minus the quarters since they appear directly above):

2013 Circulating Coin Production / Mintages by Coin Design

  Denver Philadelphia 2013 Total
Lincoln Cents 2,342,800,000 2,637,200,000 4,980,000,000
Jefferson Nickels 443,520,000 417,600,000 861,120,000
Roosevelt Dimes 716,000,000 754,500,000 1,470,500,000
Kennedy Half Dollars 1,800,000 1,800,000 3,600,000
Native American $1 1,820,000 1,820,000 3,640,000
William McKinley $1 3,365,100 4,760,000 8,125,100
Theodore Roosevelt $1 3,920,000 5,310,700 9,230,700
William Howard Taft $1 3,360,000 4,760,000 8,120,000
Woodrow Wilson $1 3,360,000 4,620,000 7,980,000
Total 4,051,945,100 4,251,370,700 8,303,315,800

 

Finally, two differences are found when comparing the totals by coin design by those for denomination:

  • America the Beautiful Quarters are higher by 6,800,000. These are likely starting mintages for 2013 Mount Rushmore quarters. This last America the Beautiful quarter of the year is scheduled for a circulation launch on November 4, 2013. If the trend since 2011 continues, its mintage will be the highest of the year.

  • Presidential $1 Coins are higher by 4,200. Next month’s report should offer clarity as to this difference.

All circulating coin production figures above are based on data aggregated from the United States Mint webpage found at: http://www.usmint.gov/about_the_mint/?action=coin_production.

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Boz

Looks like Chaco is the key to the quarter series unless we have another big recession prior to the end of production. A nice overview!