U.S. Mint Produces Over 1.15 Billion Coins for Circulation in October

by Mike Unser on November 22, 2019 · 0 comments

unites states coins -cents, quarters, dimes

The U.S. Mint produced 1,154,940,000 coins for circulation in October

More than one billion coins for circulation came from U.S. coining presses in October, the latest manufacturing figures from the United States Mint show.

The amount was the most since July and marked the seventh time this year were a month’s production pace hurdled the billion level.

In the headline figure and comparisons for the month, the U.S. Mint struck about 1.15 billion, climbing 22.9% from September while falling 16.4% from October 2018.

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

October 2018 to October 2019 Circulating Coin Production

Month Mintages Rank
October 2019 1,154.94 M 6
September 2019 939.66 M 10
August 2019 767.32 M 11
July 2019 1,202.10 M 5
June 2019 1,021.654 M 9
May 2019 485.24 M 13
April 2019 1,253.76 M 4
March 2019 1,054.90 M 7
February 2019 1,256.10 M 3
January 2019 1,507.30 M 1
December 2018 560.64 M 12
November 2018 1,031.24 M 8
October 2018 1,382.18 M 2

 

The Federal Reserve always orders more 1-cent coins than any other denomination even with the latest data showing it costs the U.S. Mint 2.06 cents to make and distribute each one. The bureau produced 713.6 million Lincoln cents last month, representing 61.8% of the circulating-quality coins produced in October.

Month-Over-Month

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

  • 32.8% for Lincoln cents,
  • 16% for Jefferson nickels,
  • 9.3% for Roosevelt dimes, and
  • 6.8% for 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 finish for coin collectors. In January, the U.S. Mint tends to strike both coins to the expected amounts needed for the entire year.

That said, the bureau’s data for February did show an increase of 140,000 in 2019-D Native American dollars. Reported mintages for the space-themed piece are at 1.54 million for Denver and 1.4 million for Philadelphia for a combined 2.94 million coins — up from last year’s dollar mintages by the added 140,000.

Mintages for the 2019 Kennedy half-dollar remained the same for a ninth straight month, totaling 3.4 million coins with equal splits between the Denver and Philadelphia Mints. Last year’s half-dollar was the most produced since the one from 2001. It saw 6.1 million from Denver and 4.8 million from Philadelphia for a combined 10.9 million coins.

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

US Mint Circulating Coin Production in October 2019

Denomination Denver Philadelphia Total
Lincoln Cents 379,200,000 334,400,000 713,600,000
Jefferson Nickels 53,280,000 36,960,000 90,240,000
Roosevelt Dimes 99,500,000 88,000,000 187,500,000
ATB Quarters 88,600,000 75,000,000 163,600,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Total 620,580,000 534,360,000 1,154,940,000

 

U.S. Mint facilities in Denver and Philadelphia manufacture all of America’s coins for commerce. In October, the Philadelphia Mint produced 534.36 million coins and the Denver Mint produced 620.58 million coins.

YTD Totals

In year to date production figures, the Philadelphia Mint struck 5,466,174,400 coins and the Denver Mint struck 5,176,800,000 coins for a combined 10,642,974,400 coins — 7.7% fewer than the 11,533,534,000 coins minted through the first ten months of 2018.

This next table lists 2019 coin production totals by denomination and by U.S. Mint facility:

YTD 2019 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 3070.4M 471.16M 920M 712M 1.7M 1.54M 5176.8M
Philadelphia 3199.6M 521.7744M 1073.5M 668.2M 1.7M 1.4M 5466.1744M
Total 6270M 992.9344M 1993.5M 1380.2M 3.4M 2.94M 10642.9744M

 

The 2019 monthly average of about 1.06 billion coins tracks over 12 months to roughly 12.8 billion coins. The U.S. Mint made over 13.1 billion coins for circulation in 2018.

Mintages by Unique Design

Through October, the U.S. Mint released five annually issued coins with one-year-only designs. They include:

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

2019 Circulating Coin Production by Design

  Denver Philadelphia Total
Lincoln Cents 3,070,400,000 3,199,600,000 6,270,000,000
Jefferson Nickels 471,160,000 521,774,400 992,934,400
Roosevelt Dimes 920,000,000 1,073,500,000 1,993,500,000
Lowell National Historical Park Quarter (MA) 182,200,000 165,800,000 348,000,000
American Memorial Park Quarter (MP) 182,600,000 142,800,000 325,400,000
War in the Pacific National Historical Park Quarter (GU) 114,400,000 116,600,000 231,000,000
San Antonio Missions National Historical Park Quarter (TX) 129,400,000 142,800,000 272,200,000
Frank Church River of No Return Wilderness Quarter (ID) 0
Kennedy Half-Dollars 1,700,000 1,700,000 3,400,000
Native American $1 Coins 1,540,000 1,400,000 2,940,000
Total 5,073,400,000 5,365,974,400 10,439,374,400

 

There are 203.6 million in quarters that the U.S. Mint has yet to officially assign to a design. These are a portion of Idaho’s Frank Church River of No Return Wilderness quarters released Nov. 4.

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