U.S. Coin Production Steady in November Atop 1.3 Billion

by Mike Unser on December 26, 2017 · 0 comments

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The United States Mint produced over 1.3 billion coins in November 2017

U.S. circulating coin production slowed in November from October but ran much quicker than a year earlier, the latest manufacturing figures from the United States Mint show.

Over 1.3 billion in cents, nickels, dimes, and quarters came out of the Mint’s coining presses last month, marking a 5.4% decline from October but a 37.9% increase from November 2016. Here’s how the month stacks up against others in the past year:

2016 – 2017 November Coin Production Figures

Month Mintages Rank
November 2017 1,346.26 M 4
October 2017 1,423.54 M 3
September 2017 1,316.22 M 5
August 2017 1,167.48 M 8
July 2017 1,254.74 M 6
June 2017 1,252.88 M 7
May 2017 1,156.34 M 9
April 2017 959.54 M 12
March 2017 1,445.8 M 2
February 2017 983.40 M 10
January 2017 1,790.30 M 1
December 2016 696.68 M 13
November 2016 976.04 M 11

 

The Federal Reserve orders more 1-cent coins from the U.S. Mint than any other denominations even as it costs 1.5 cents to make and distribute each one. The agency struck 782.4 million Lincoln cents in November for 58.1% of the circulating-quality coins produced during the month.

P-Mint Cents

2017-P Lincoln cents

For the first time in history and only in 2017, Lincoln cents from the Philadelphia Mint carry a ‘P’ mint mark

2017-dated circulating cents from the Philadelphia Mint carry a ‘P’ mint mark for the first time in history. This is a one-year-only embellishment, added as a part of the U.S. Mint’s 225th anniversary celebration.

These P-cents are not rare, however, with more than 4.1 billion made through the first eleven months of this year.

Month-Over-Month

In the latest month-over month comparisons for coins used daily by Americans, November production totals saw:

  • 8.6% fewer Lincoln cents,
  • 4.2% fewer Jefferson nickels,
  • 13.7% fewer Roosevelt dimes, and
  • 22.3% more America the Beautiful Quarters.

Native American $1 Coins and Kennedy half-dollars are no longer ordered by Federal Reserve Banks but they are still made in circulating quality for coin collectors. In January, the U.S. Mint tends to strike both coins to the expected amounts needed for the entire year. The agency in April did produce 140,000 more 2017-P Native American dollars. In October, it also struck 1.1 million more 2017-D Kennedy half-dollars.

Production facilities in Denver and Philadelphia manufacture all of America’s coins for commerce. Last month, the Denver Mint made 637.76 million coins and the Philadelphia Mint made 708.5 million coins.

Here’s a summary of all circulating-quality coins produced during the month:

US Mint Circulating Coin Production in November 2017

Denomination Denver Philadelphia Total
Lincoln Cents 375,600,000 406,800,000 782,400,000
Jefferson Nickels 63,360,000 68,400,000 131,760,000
Roosevelt Dimes 94,000,000 126,500,000 220,500,000
ATB Quarters 104,800,000 106,800,000 211,600,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Total 637,760,000 708,500,000 1,346,260,000

 

YTD Totals

Year-to-date figures at 6,898,360,000 coins from Denver and 7,198,140,000 coins from Philadelphia total 14,096,500,000 coins, representing an 8% decline from the 15,320,730,000 coins minted by the same time last year.

This next table lists 2017 coin production totals by denomination and by U.S. Mint facility:

YTD 2017 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 4077.2M 630.72M 1229M 957M 2.9M 1.54M 6898.36M
Philadelphia 4165.62M 670.8M 1356.5M 1001.6M 1.8M 1.82M 7198.14M
Total 8242.82M 1301.52M 2585.5M 1958.6M 4.7M 3.36M 14096.5M

 

This year’s monthly average of more than 1.28 billion coins tracks over 12 months to about 15.4 billion coins. The U.S. Mint produced over 16 billion coins for circulation in 2016 after making more than 17 billion coins in 2015, the most since 2001.

Ellis Island Quarter Mintages

The U.S. Mint has released all six its 2017-dated coins bearing one-year-only designs. They include the:

Mintages for the Native American dollar at 1.54 million from Denver and 1.82 million from Philadelphia combine to 3.36 million coins. Last year’s design ended with splits of 2.1 million from Denver and 2.8 million from Philadelphia for 4.90 million coins.

Production figures include 215 million quarters that have yet to be officially assigned to a coin design. These are George Rogers Clark National Historical Park quarters. The coin’s final mintage will be available in January.

The following table offers a breakdown of this year’s mintages by coin design:

2017 Circulating Coin Production by Design

  Denver Philadelphia Total
Lincoln Cents 4,077,200,000 4,165,620,000 8,242,820,000
Jefferson Nickels 630,720,000 670,800,000 1,301,520,000
Roosevelt Dimes 1,229,000,000 1,356,500,000 2,585,500,000
Effigy Mounds National Monument Quarter 210,800,000 271,200,000 482,000,000
Frederick Douglass National Historic Site Quarter 185,800,000 184,800,000 370,600,000
Ozark National Scenic Riverways Quarter 200,000,000 203,000,000 403,000,000
Ellis Island National Monument Quarter 254,000,000 234,000,000 488,000,000
George Rogers Clark National Historical Park Quarter 0
Kennedy Half-Dollars 2,900,000 1,800,000 4,700,000
Native American $1 Coins 1,540,000 1,820,000 3,360,000
Total 6,791,960,000 7,089,540,000 13,881,500,000

 

Coin production figures in this coin news article are based on data aggregated from the Mint’s webpage at: https://www.usmint.gov/circulating-coins-production.

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