US Mint Annual Coin Production Tops 11.9B in 2013, Most Since 2007

by Mike Unser on January 10, 2014 · 6 comments

More U.S. coins for circulation were produced in 2013 than in any year since 2007, according to data released Thursday by the United States Mint.

2013-D Mount Rushmore Quarter

U.S. Mint circulating coin production jumped to a six-year high in 2013. More quarters were struck in 2013 than the last three years combined. Most recently, more than 500 million 2013 Mount Rushmore quarters were minted, nearly doubling the prior release.

U.S. Mint coin production figures show the annual total for 2013 at 11,906,940,000 coins, marking a 27.5% increase over the 9,336,230,000 coins minted in 2012. The tally is the highest since 14,440,650,000 coins were struck in 2007, before the Great Recession reared its ugly head and decimated demand.

Levels increased across every coin for circulation. America the Beautiful Quarters led percentage gains, jumping 156.2% from a year ago. Their high hurdle was due, in large part and without surprise, to 504.2 million Mount Rushmore quarters. The mintage is the highest for a 25-cent piece since the 2008 Hawaii state quarter scored 517.6 million.

Another no surprise, because the Mint no longer strikes dollars for circulation but only for numismatic products sold to collectors, Presidential $1 Coins dropped 24% and Native American $1 Coins sank 38.1% from their totals in 2012. Kennedy halves are also no longer made for circulation but their mintages leapt 174.3%.

Here is a breakdown of the annual coin production levels adjusted on a per coin basis from 2012 to 2013.

2012 vs. 2013 US Mint Annual Coin Production

  Year
2012
Year
2013
2013 Unit Gain / Loss 2013 % Gain / Loss
Lincoln Cents 6,015,200,000 7,070,000,000 1,054,800,000 17.5%
Jefferson Nickels 1,023,600,000 1,223,040,000 199,440,000 19.5%
Roosevelt Dimes 1,676,000,000 2,112,000,000 436,000,000 26.0%
Quarters 568,010,000 1,455,200,000 887,190,000 156.2%
Kennedy Half Dollars 3,500,000 9,600,000 6,100,000 174.3%
Native American $1 5,880,000 3,640,000 -2,240,000 -38.1%
Presidential $1s 44,040,000 33,460,000 -10,580,000 -24.0%
Annual Production 9,336,230,000 11,906,942,013 2,570,712,013 27.5%

 

Economic conditions dictate how many coins are produced for circulation, not the United States Mint. Federal Reserve Banks order coins from the Mint based on usage trends and orders they receive from financial institutions around the country.

Coins for circulation originate from either the Denver Mint or Philadelphia Mint. Last year, the two facilities were further apart in total output than in typical years. Denver produced less than 5.8 billion coins while Philadelphia struck more than 6.1 billion coins. Here is a table with 2013 coin mintages by U.S. Mint facility:

2013 Circulating Coin Production by Coin Design

  Denver Philadelphia 2013 Total
Lincoln Cents 3,319,600,000 3,750,400,000 7,070,000,000
Jefferson Nickels 615,600,000 607,440,000 1,223,040,000
Roosevelt Dimes 1,025,500,000 1,086,500,000 2,112,000,000
White Mountain Quarter 107,600,000 68,800,000 176,400,000
Perry’s Victory Quarter 131,600,000 107,800,000 239,400,000
Great Basin Quarter 141,400,000 122,400,000 263,800,000
Fort McHenry Quarter 151,400,000 120,000,000 271,400,000
Mount Rushmore Quarter 272,400,000 231,800,000 504,200,000
Kennedy Half Dollars 4,600,000 5,000,000 9,600,000
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 5,785,525,100 6,121,410,700 11,906,935,800

 

This table offers the 2013 coin production breakdown by denomination and U.S. Mint facility:

2013 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Pres $1 Total:
Denver 3319.6M 615.6M 1025.5M 804.4M 4.6M 1.82M 14.01M 5785.53M
Philadelphia 3750.4M 607.44M 1086.5M 650.8M 5M 1.82M 19.45M 6121.41M
Total 7070M 1223.04M 2112M 1455.2M 9.6M 3.64M 33.46M* 11906.94M

 

*There is a difference when subtracting the totals by coin design from the totals by denomination. The Presidential $1 coins are higher by 4,200 as a result of a rounding difference. The actual total for the dollars is 33,455,800 and not 33.46 million.

Annual Mintages Rising Sharply for America the Beautiful Quarters

In returning to the topic of America the Beautiful Quarters, annual mintages continue to advance as the series matures. When introduced in 2010, a total of 347 million were made. In 2011, the figure rose to 391.2 million. In 2012, the total surged to 568 million. Last year the tally moved above 1.4 billion, or more than the three prior years combined.

The biggest revelation in December was the published 2013 Mount Rushmore quarter mintages. At 504.2 million, no other America the Beautiful Quarter comes close. Nearest is the 2012 Denali quarter and its 302 million, which itself was higher than the four prior 2012 quarters combined.

Since the start of the series, the Mint has produced more than 2.76 billion quarters with each honoring a specific national park or national site in the United States or its territories. Here is a breakdown of coin production totals by America the Beautiful Quarter design and coin production facility.

2010 – 2013 America the Beautiful Quarters Mintages

  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
White Mountain Quarter 107,600,000 68,800,000 176,400,000
Perry’s Victory Quarter 131,600,000 107,800,000 239,400,000
Great Basin Quarter 141,400,000 122,400,000 263,800,000
Fort McHenry Quarter 151,400,000 120,000,000 271,400,000
Mount Rushmore Quarter 272,400,000 231,800,000 504,200,000
Total 1,486,610,000 1,274,800,000 2,761,410,000

 

Since the inception of the Mint’s Presidential $1 Coin Program in 2007, more than 2.45 billion have been produced. Annual increases will continue to rise slower than earlier years now that collector demand determines how many are made.

In wrapping up mintages by coin design, here is a breakdown for the series of Presidential $1 Coins.

2007 – 2013 Presidential $1 Coin Mintages

  Denver Philadelphia Total
2007 George Washington $1 163,680,000 176,680,000 340,360,000
2007 John Adams $1 112,140,000 112,420,000 224,560,000
2007 Thomas Jefferson $1 102,810,000 100,800,000 203,610,000
2007 James Madison $1 87,780,000 84,560,000 172,340,000
2008 James Monroe $1 60,230,000 64,260,000 124,490,000
2008 John Quincy Adams $1 57,720,000 57,540,000 115,260,000
2008 Andrew Jackson $1 61,070,000 61,180,000 122,250,000
2008 Martin Van Buren $1 50,960,000 51,520,000 102,480,000
2009 William H. Harrison $1 55,160,000 43,260,000 98,420,000
2009 John Tyler $1 43,540,000 43,540,000 87,080,000
2009 James K. Polk $1 41,720,000 46,620,000 88,340,000
2009 Zachary Taylor $1 36,680,000 41,580,000 78,260,000
2010 Millard Fillmore $1 36,960,000 37,520,000 74,480,000
2010 Franklin Pierce $1 38,360,000 38,220,000 76,580,000
2010 James Buchanan $1 36,540,000 36,820,000 73,360,000
2010 Abraham Lincoln $1 48,020,000 49,000,000 97,020,000
2011 Andrew Johnson $1 37,100,000 35,560,000 72,660,000
2011 Ulysses S. Grant $1 37,940,000 38,080,000 76,020,000
2011 Rutherford B. Hayes $1 36,820,000 37,660,000 74,480,000
2011 James Garfield $1 37,100,000 37,100,000 74,200,000
2012 Arthur Presidential $1 4,060,000 6,020,000 10,080,000
2012 Cleveland (1st Term) Presidential $1 4,060,000 5,460,000 9,520,000
2012 Harrison Presidential $1 4,200,000 5,640,001 9,840,001
2012 Cleveland (2nd Term) Presidential $1 3,920,000 10,680,000 14,600,000
2013 William McKinley $1 3,365,100 4,760,000 8,125,100
2013 Theodore Roosevelt $1 3,920,000 5,310,700 9,230,700
2013 William Howard Taft $1 3,360,000 4,760,000 8,120,000
2013 Woodrow Wilson $1 3,360,000 4,620,000 7,980,000
Total 1,212,575,100 1,241,140,700 2,453,715,800

 

Changing from annual numbers and coin design mintages, production at 285.96 million coins for December fell sharply from November. This is typical as the Mint turns its attention toward newly dated coins. Here’s how December’s production total compares to past months in 2013:

2012 – 2013 December Coin Production Figures / Mintages

Month Mintages Rank
December 2013 285.96 M 12
November 2013 991.14 M 8
October 2013 1,220.38 M 3
September 2013 1,099.34 M 5
August 2013 724.91 M 11
July 2013 1,225.96 M 1
June 2013 1,070.12 M 7
May 2013 1,084.36 M 6
April 2013 1,117.23 M 4
March 2013 932.56 M 10
February 2013 939.98 M 9
January 2013 1,223.68 M 2
December 2012 245.34 M 13

 

Finally, all denominations needed for commerce — from the penny through to the quarter — were struck last month. Here is a table showing December production totals by denomination.

US Mint Circulating Coin Production in December 2013

Denomination Denver Philadelphia Total
Lincoln Cents 76,800,000 126,000,000 202,800,000
Jefferson Nickels 13,200,000 11,760,000 24,960,000
Roosevelt Dimes 24,500,000 30,500,000 55,000,000
2013 ATB Quarters 3,200,000 0 3,200,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Presidential Dollars 0 0 0
Total 117,700,000 168,260,000 285,960,000

 

Circulating coin production figures in this coin news article are based on data aggregated from the United States Mint webpage found at: http://www.usmint.gov/about_the_mint/?action=coin_production.

{ 6 comments… read them below or add one }

Boz January 10, 2014 at 1:23 pm

Seems to be no need for the ATB quarters in circulation,as there are none in pocket change or available in bank rolls at least in the midwest. Fed must till have them stockpiled along with the older native americans and presidents.

One can always hope but with few cash transactions anymore, the chances of kids today turning into the numismatists of the future, chances look slim to none.

Mike Irwin January 11, 2014 at 8:52 am

Boz, They’re floating around here in Texas.

Boz January 11, 2014 at 10:43 am

The economy must be moving ahead better in Texas. That’s a good thing.

Ray January 11, 2014 at 11:20 am

There have been a fair amount of 2013-D AtB quarters floating around Denver.

Vachon January 12, 2014 at 11:32 am

You have to give the ATB quarters time to reach everywhere. I see very few myself and I’m near some rather large cities. As of now, total production of ATB quarters since 2010 is just a few tens of millions shy of the total production of the first three State Quarters.

Overall, four years of ATB production is only about 7% of the State Quarters produced and about 3½% of all quarters produced since 1965.

Jim McLaughlin January 20, 2014 at 3:23 pm

Where does one find the production totals for the ATB quarters, circulation strikes, from the San Francisco mint? And why doesn’t the mint put these figures along side the P & D totals? The Red Book had figures for 2012, but where did they get the information? Production numbers are are important to me, and fascinating.

Thank you.

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