US Government Prints 1.18 Billion Banknotes in September 2013

by CoinNews.net on October 3, 2013 · 1 comment

US Currency

Currency totals in September more than doubled the previous month

The U.S. government printed more banknotes in September than in August, marking a fourth consecutive monthly increase, according to newly released figures from the agency responsible for manufacturing American currency.

At more than 1.18 billion notes worth over $65.7 billion, both the quantity and value more than doubled the totals from the prior month, data released Wednesday by the Bureau of Engraving and Printing (BEP) shows.

Last month the BEP ran the spectrum. The bureau produced $1s, $5s, $10s, $20s, $50s and $100s whereas no $10s, $20s, $50s were printed in August. In month-over-month comparisons, the quantity of banknotes increased 100.9% while the total dollar value jumped 105.4%.

The biggest gains came from the over 615 million in $100s that summed to more than $61.5 billion. After delays due to production issues, these newly redesigned $100s will begin circulating on October 8, 2013.

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

September 2013 BEP Money Production

Facility at Washington, DC

BEP Money Production at Washington DC for September 2013

Facility at Fort Worth, TX

BEP Money Production at Fort Worth, TX for September 2013

The BEP produced millions of star notes in denominations of $5s, $10s, $20s and $100s. These 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 September:

Banknotes by Denomination: Total Printed and Values

September 2013

Banknote Denomination Total Printed Total Value ($)
$1.00 332,800,000 332,800,000
$5.00 169,600,000 848,000,000
$10.00 2,176,000 21,760,000
$20.00 6,400,000 128,000,000
$50.00 57,600,000 2,880,000,000
$100.00 615,040,000 61,504,000,000
Totals for September 2013 1,183,616,000 65,714,560,000

 

For comparison, tables of the prior four monthly money production totals are below:

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 for August 2013 589,120,000 $32,000,000,000

 

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

 

{ 1 comment… read it below or add one }

richardparker October 8, 2013 at 4:40 am

10 years of research, great..!! , a well planned security measure 3D blue security ribbon and a bell and inkwell image which the reserve says are difficult to forge.

http://www.cbronline.com/news/new-banknote-includes-hi-tech-security-features

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