U.S. Coin Production Down to 878.74M in April; Apostle Islands Quarter Mintages Published

by Mike Unser on May 18, 2018 · 0 comments

Apostle Islands National Lakeshore quarters

The U.S. Mint produced 296 million Apostle Islands National Lakeshore quarters

U.S. coin production fell in April to a four-month low and also declined from a year ago, according to manufacturing figures published by the United States Mint.

Mint data also shows mintages for Wisconsin’s Apostle Islands National Lakeshore quarter, the second of five 2018-dated quarters with unique designs.

In the headline figure for April, coining presses struck cents, nickels, dimes, and quarters in amounts totaling 878.74 million coins — 2.7% fewer than struck in March and 8.4% less than pressed in April 2017.

Here’s how the month stack up against others in the past year:

April 2017 to April 2018 Circulating Coin Production

Month Mintages Rank
April 2018 878.74 M 12
March 2018 902.924 M 11
February 2018 1,066.51 M 9
January 2018 1,601.54 M 1
December 2017 762.86 M 13
November 2017 1,346.26 M 3
October 2017 1,423.54 M 2
September 2017 1,316.22 M 4
August 2017 1,167.48 M 7
July 2017 1,254.74 M 5
June 2017 1,252.88 M 6
May 2017 1,156.34 M 8
April 2017 959.54 M 10

 

The Federal Reserve always orders more 1-cent coins than any other denomination even as it costs the U.S. Mint 1.82 cents to make and distribute each one. The bureau struck 538.8 million Lincoln cents in April, representing 61.3% of the circulating-quality coins produced for the month.

Month-Over-Month

In month-over month comparisons for coins used daily by Americans, production totals in April saw:

  • 3.6% fewer Lincoln cents,
  • 41.1% fewer Jefferson nickels,
  • 10.8% more Roosevelt dimes, and
  • 23.2% more America the Beautiful quarter dollars.

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.

Higher Kennedy Half-Dollar Mintages

However, the agency in February did produce 1.8 million more 2018-D Kennedy half-dollars. Then in March, it struck another 3.2 million from Denver and 1.2 million more for Philadelphia. None were made in April. Mintages for the half-dollar are at 5.4 million from Denver and 4.8 million from Philadelphia for a combined 10.2 million coins — the most since 2001 and more than doubling 2017. Last year’s release ended with splits of 2.9 million from Denver and 1.8 million from Philadelphia for a combined 4.7 million coins.

Here’s a summary of all coins produced for circulation last month:

US Mint Circulating Coin Production in April 2018

Denomination Denver Philadelphia Total
Lincoln Cents 269,600,000 269,200,000 538,800,000
Jefferson Nickels 30,720,000 30,720,000 61,440,000
Roosevelt Dimes 53,500,000 44,000,000 97,500,000
ATB Quarters 88,400,000 92,600,000 181,000,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Total 442,220,000 436,520,000 878,740,000

 

U.S. Mint facilities in Denver and Philadelphia manufacture all of America’s coins for commerce. Last month, the Denver Mint struck 442.22 million coins and the Philadelphia Mint made 436.52 million coins.

For the year so far, the Denver Mint made 2,145,940,000 coins and the Philadelphia Mint struck 2,303,774,000 coins for a combined 4,449,714,000 coins — 14.1% fewer than the 5,179,040,000 coins minted in through the first four months of 2017.

This next table lists 2018 coin production totals by denomination and by U.S. Mint facility:

YTD 2018 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 1322M 212.64M 281M 322.8M 5.4M 2.1M 2145.94M
Philadelphia 1420.8M 213.36M 311.5M 351.914M 4.8M 1.4M 2303.774M
Total 2742.8M 426M 592.5M 674.714M 10.2M 3.5M 4449.714M

 

The 2018 monthly average of about 1.11 billion coins tracks over 12 months to roughly 13.3 billion coins. In 2017, the U.S. Mint produced over 14.8 billion coins for circulation — the third quickest for a year since 2001, after the more than 16 billion coins were made in 2017 and the over 17 billion coins were made in 2015.

Apostle Island Quarter Mintages

So far, the U.S. Mint has released three 2018-dated coins with one-year-only designs. They include the:

Reported mintages for the 2018 Native American dollars are 2.1 million from Denver and 1.4 million from Philadelphia for a combined 3.5 million coins. Last year’s release ended with splits of 1.54 million from Denver and 1.82 million from Philadelphia for 3.36 million coins.

The U.S. Mint this month published Apostle Islands quarter mintages for the first time. They came in at 137.8 million from Denver and 158.2 million from Philadelphia for 296 million quarters. That’s the lowest combined total for a quarter design since the first release in 2014, but it’s nowhere near mintage lows in the series.

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

2018 Circulating Coin Production by Design

  Denver Philadelphia Total
Lincoln Cents 1,322,000,000 1,420,800,000 2,742,800,000
Jefferson Nickels 212,640,000 213,360,000 426,000,000
Roosevelt Dimes 281,000,000 311,500,000 592,500,000
Pictured Rocks National Lakeshore Quarter (MI) 182,600,000 186,714,000 369,314,000
Apostle Islands National Lakeshore Quarter (WI) 137,800,000 158,200,000 296,000,000
Voyageurs National Park Quarter (MN) 0 0 0
Cumberland Island National Seashore Quarter (GA) 0 0 0
Block Island National Wildlife Refuge Quarter (RI) 0 0 0
Kennedy Half-Dollars 5,400,000 4,800,000 10,200,000
Native American $1 Coins 2,100,000 1,400,000 3,500,000
Total 2,143,540,000 2,296,774,000 4,440,314,000

 

There are 9.4 million in quarters that the U.S. Mint hasn’t officially assigned to a design yet. These are likely a portion of the upcoming Voyageurs National Park quarter for Minnesota. They launched into circulation on June 11.

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