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BEP Prints 643.2 Million Notes Worth $4 Billion in September

BEP Production FiguresThe U.S. government printed less money in September compared to August, according Bureau of Engraving and Printing (BEP) figures released on Friday.

643,200,000 U.S. banknotes were manufactured last month worth $4,028,800,000. That compares to 667.5 million notes worth $10.5 billion in August.

While the production pace was just slightly down with some 24 million fewer notes (nearly negated when considering September had one less day than August), the total dollar value of money printed was substantially lower at less than half. The difference between months is mostly due to zero $100 bills produced in September.

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BEP Prints 667.5 Million Notes Worth $10.5 Billion in August

BEP Production FiguresThe Bureau of Engraving and Printing (BEP), the government agency responsible for printing U.S. currency, reported August production totals on Tuesday that shows a quicker pace.

667,520,000 U.S. banknotes were manufactured in August worth $10,547,200,000. That compares to 576 million notes worth $9.8 billion in July.

Substantially more $1s, $5s, $20s, and $100s were produced for the month while the volume of $10s printed were identical to July’s figures.

In addition, the BEP printed 1.92 million $100 star notes, which are replacements for misprinted notes or certain serial numbers, like 000 000 000. Star notes are generally more desirable to collectors, as they are rarer.

Spread across the 31 days in August and counting weekends and holidays, the BEP averaged more than 21.5 million notes per day with a total daily face value worth about $340 million, which would be enough for every man, woman and child in the U.S. to have slighter over $1.

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Heritage Presents 6000 Lot Currency Auction at Long Beach in September

Dallas, TX: Heritage Auction Galleries, the official auctioneer of the Long Beach Coin, Stamp & Collectible Expo, will conduct a 6,000+ lot Currency Signature® Auction on Wednesday, Thursday, and Friday, September 17-19, 2008 at the Long Beach Convention Center, 100 South Pine Ave., Long Beach, California.

Currency highlights from Heritage's 6000 Lot Auction at September Long Beach Coin, Stamp & Collectible Exposition

The Convention Center is also the site of the Long Beach Coin, Stamp & Collectible Show, as well as the location for lot viewing for all Heritage auctions. Nearly 2,000 of the lots will be included as part of the online session.

“The auction is anchored by the impressive $5mm+ Jupiter Collection and the Dr. Edward and Joanne Dauer Collection of Demand Notes,” said Dustin Johnston, Consignment Director for Dallas-based Heritage. “Other notable collections include offerings from the Albert Rollins Collection, The Norman Collection, The Sandpoint Collection of Idaho Nationals, and another installment from the Collection of a Louisiana Gentleman.”

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BEP Prints 576 Million Notes Worth $9.8 Billion in July

BEP Production FiguresThe Bureau of Engraving and Printing (BEP) is responsible for printing U.S. currency, and their reported July banknotes totals have been released. Note production was substantially lower for the month.

576,000,000 U.S. banknotes were manufactured in July worth $9,766,000,000. That compares to 649.6 million notes worth $15.5 billion in June.

More than $5 billion of the difference came from a reduction of $100s in July. Fewer $5s were also produced while the quantity of $1s, $10s and $20s slightly increased.

Spread across the 31 days in July and counting weekends and holidays, the BEP averaged nearly 18.6 million notes per day with a total daily face value worth $315 million, which would be enough for every man, woman and child in the U.S. to have slighter over $1.

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BEP Prints 649.6 Million Notes Worth $15.5 Billion in June

BEP Production FiguresThe Bureau of Engraving and Printing (BEP) was slow in reporting June printed banknote totals, but they picked up the pace in bottom line production numbers.

Today’s released data reflects a manufacturing output of 649,600,000 U.S. banknotes in June worth a total of $15,504,000,000. That compares to 614.9 million notes worth $13.5 billion in May.

More than $1 billion of the difference came from new $20s, as none were printed in May. New $5s also stuck out with a nearly doubling amount.

Spread across June’s 30 days and counting weekends and holidays, the BEP averaged nearly 21.7 million notes per day with a total daily face value worth $516.8 million. Read the rest of this entry »

U.S. Government Prints 614.9 Million Notes Worth $13.5 Billion in May

BEP Production FiguresHave you ever wondered how much money the US government prints each month? There’s no need to wonder. With government provided figures and a little extrapolation, finding totals are easy.

Those totals, however, could be less than what you’d assume given the money the government alone spends. Clearly, electronic transactions dominate paper money in use.

The Bureau of Engraving and Printing (BEP) produced 614,912,000 U.S. banknotes in May worth a total of $13,541,120,000.

The BEP’s May production figures reflect a volume reduction compared to total notes printed in April, but do show a slight increase in total value. How? Fewer denominations were produced across the board with the exception of $100 bills. The $100s made up the difference with a nearly 4,500 increase over April for $448M.

There chart below also shows a quantity of 512,000 star notes in $10 bills.

For monthly comparisons of the total weight of printed banknotes — just for the sake of curiosity:

  • February came in at 1,432,122 lbs or 649,600 kilograms,
  • March notes weighed at 1,728,446,180 lbs or 784,010 kilograms,
  • April banknotes weighted 1,563,342 lbs or 709,120 kilograms, while
  • May notes weighed 1,355,649 lbs or 614,912 kilograms

Spread across the 31 days in May and counting weekends and holidays, the BEP averaged over 19.8 million notes per day with a total face value of approximately $437 million. Read the rest of this entry »

BEP Prints 709M Banknotes Worth $13.5B in April

BEP Production Figures for AprilThe Bureau of Engraving and Printing (BEP) has released their April 2008 banknote production figures. The BEP produced 709,120,000 notes that were worth a total of $13,532,800,000.

April figures show a slight decease in volume by nearly 75,000 notes compared to March banknote figures, but the total value produced is almost identical. Also similar was the production of notes in $1, $5, $10 and $100 denominations and the need to print Star notes. No $20’s were reportedly produced.

For the monthly comparisons by total weight of banknotes made:

  • February came in at 1,432,122 lbs or 649,600 kilograms,
  • March notes weighed at 1,728,446,180 lbs or 784,010 kilograms,
  • And April banknotes weighted 1,563,342 lbs or 709,120 kilograms.

Spread across the 30 days in April and counting weekends and holidays, the BEP averaged slightly over 23.9 million notes per day with a total face value of approximately $451 million. Read the rest of this entry »

BEP Prints 784 Million U.S. Banknotes Worth $13.5 Billion in March

BEP Production FiguresThe Bureau of Engraving and Printing (BEP) produced 784,010,000 U.S. banknotes in March of 2008 worth a total of $13,501,800,000.

March figures reflect a volume increase compared to the total notes printed in February. However, the total value is slightly lower. In further March to February comparisons, for whatever they may be worth, the BEP reported zero $20s printed while doubling the amount of $5s produced.

There chart below also shows March had a fair share of Star notes.

For the final comparison and perhaps the most interesting, the physical weight of all the banknotes produced in February was 1,432,122 lbs or 649,600 kilograms. March notes weighed in at 1,728,446,180 lbs or 784,010 kilograms.

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Pizza Shop Owner Made Fake Dough in Batches of $50 Counterfeits

Pizza with $50 toppingsMaking dough is common place in a pizza shop kitchen. Making fake dough, as in counterfeited $50 bills, is not so common.

Police arrested Frank Donato back in October of 2007. At the time, Fox News reported the owner of a Dobbs Ferry, N.Y., pizzeria was cooking up more than pizza.

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BEP Prints 649.6 Million U.S. Notes Worth $13.8 Billion in February

Money falling from skyThe Bureau of Engraving and Printing (BEP) produced 649,600,000 U.S. notes in February of 2008 worth a total of $13,779,200,000.

Making currency is no small task in such volume. Spread across the 29 days in February and counting weekends and holidays, that averages to nearly 22.5 million notes per day with a face value of approximately $475 million.

Heavy? Yes … The weight of the notes produced in February totals to about 1,432,122 lbs or 649,600 kilograms.

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