US Government Prints 442 Million Banknotes in October 2013

by CoinNews.net on November 8, 2013 · 0 comments

US $10 and $20s

U.S. currency totals in October plummeted from the prior month

Much less money was printed in October by the United States government and the total value of the bills made plunged from September, data from the agency responsible for manufacturing U.S. currency shows.

442.08 million in $1s, $5s, $10s, $20s, $50s and $100s were printed last month for a total value of almost $4.3 billion, according to October production figures released Thursday by the Bureau of Engraving and Printing (BEP). Compared to September, that marks a 62.7% drop in how many banknotes were made and a 93.5% dive in combined value.

Far more $10s and $20s were produced in October but totals for other denominations plunged. The biggest change affecting both the number and value totals was the lack of $100s. In October, the BEP made just 3.2 million of them. In contrast, the amount in September swelled to more than 615 million when the bureau was augmenting its inventory of the newly designed $100s in preparation for their release on October 8.

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

October 2013 BEP Money Production

Facility at Washington, DC

BEP Money Production at Washington DC for October 2013

Facility at Fort Worth, TX

BEP Money Production at Fort Worth TX for October 2013

The BEP produced millions of star notes in denominations of $20s. 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

October 2013

Banknotes Total Printed Total Value ($)
$1.00 192,000,000 192,000,000
$5.00 19,200,000 96,000,000
$10.00 96,000,000 960,000,000
$20.00 128,480,000 2,569,600,000
$50.00 3,200,000 160,000,000
$100.00 3,200,000 320,000,000
Totals 442,080,000 4,297,600,000

 

For comparison, previous monthly money production figures are below:

September 2013

Banknotes 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 1,183,616,000 65,714,560,000

 

August 2013

Banknotes 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 589,120,000 $32,000,000,000

 

July 2013

Banknotes 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 524,800,000 $25,516,800,000

 

June 2013

Banknotes 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 462,400,000 $26,212,800,000

 

May 2013

Banknotes 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 669,792,000 $39,497,600,000

 

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