The U.S. government in October printed fewer banknotes that were worth much more compared to its September output, according to Bureau of Engraving and Printing (BEP) figures released on Wednesday.

608,000,000 banknotes were produced last month valued at $14,131,200,000. In contrast, the BEP printed 643.2M Notes Worth $4B in September.

The biggest accounting for the difference was October’s more than 115,000 one-hundred dollar bills. September had none.

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The 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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The 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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The 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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The 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 »

Have 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 »

The 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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“Money Makes the World Go Round,” an original song written, performed and produced by Mark Keefner of West Hills, Calif., was awarded first place in the American Numismatic Association’s 2008 National Coin Week theme contest. “Money Makes the World Go Round” is the theme of National Coin Week, held April 20-26.

Keefner receives the contest’s grand prize, a one-half ounce gold American Eagle proof coin. Mitch Ernst of Omaha, Neb., also submitted “Money Makes the World Go Round,” and receives a one-quarter ounce gold American Eagle proof coin. “Be a History Teacher: Give a Kid a Coin,” submitted by Greg Roberts of Glendale, Wis., placed third; Roberts receives a one-tenth ounce gold American Eagle proof coin.

“I’m honored and elated to have provided this year’s theme,” said Keefner, who gave the first-ever musical submission in an ANA theme contest. “As the song says, money is a symbol of value, faith and trust, and teaches us about world history, commerce and art.”

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