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US Government Prints Less Money in August

BEP Production FiguresThe US government printed less money for the third consecutive month, according to the agency responsible for manufacturing US currency.

Bureau of Engraving and Printing (BEP) figures released Wednesday shows that the government produced fewer total notes in August than in July.

The BEP again exclusively printed $1s, $20s and $100s. Added together, 435,200,000 banknotes were manufactured during the month. The total dollar value of those notes, however, was slightly higher with additional $20s making up the difference. August came in at $16,345,600,000 versus the $16.3 billion in July.

Spread across the 31 days in August, the BEP averaged 14 million notes per day with a total daily value of about $527.3 million. Read the rest of this entry »

BEP Prints 438.5 Million Notes Worth $16.3 Billion in July

BEP Production FiguresThe US government cut back currency production in July, newly released Bureau of Engraving and Printing (BEP) figures reveal.

Fewer notes — in denomination and amount — were printed in July versus June. The BEP focused on $1s, $20s and $100s. Added together, 438,528,000 banknotes were produced with a value of $16,303,360,000. In contrast, the BEP printed 558 Million notes worth $17.1 billion in June.

Spread across the 31 days in July, the BEP averaged 14.1 million notes per day with a total daily value of about $525.9 million. Read the rest of this entry »

Rarities Highlight Heritage Long Beach Currency Auction

Heritage to Present 3400+ Lot Signature® Currency event, Sept. 9-13

Dallas, TX — One of the largest offerings of Continental currency and Colonial paper money to be auctioned off in decades will highlight the Official Currency Auction of the September 2009 Long Beach Coin, Stamp & Collectibles Expo conducted by Heritage-Currency Auctions of America, Sept. 9-13, at the Long Beach Convention Center, 100 S. Pine Avenue, Long Beach, CA 90802.

Seguin, TX - $100 1882 Brown Back Fr. 528 The First NB Ch. # (S)5097

The auction will consist of four floor sessions along with one online-only session. The lot viewing will take place in Room 104A and the auction itself will be held in Room 103C.

 

"We have four fine collections anchoring this auction," said Dustin Johnston, Currency Consignment Director at Heritage, "all of which, taken together, offer an excellent survey of American Currency from the Colonial era through current Federal Issues. We’re quite excited to offer these great examples."

 

The Midnight Ride Collection includes an extensive quantity and variety of Colonial material, including many rare pieces. Read the rest of this entry »

US Government Prints 558 Million Banknotes Worth $17.1 Billion in June

BEP Production FiguresThe US government increased the variety of banknotes but did not print as many in June compared to May, Bureau of Engraving and Printing (BEP) figures released Thursday show.

In comparing the months, while the agency added $10s and $50s to its June production, quantities were limited on top of the fewer $1s, and $20s. The production level of $100s remained unchanged.

558,080,000 banknotes were printed last month valued at $17,128,320,000. In contrast, the BEP printed 620.8 M notes worth $17.3 billion in May. Read the rest of this entry »

BEP to Participate in ANA’s World’s Fair of Money in Los Angeles

ANA World's Fair of Money Intaglio Print CardThe Bureau of Engraving and Printing (Bureau/BEP) will exhibit at the American Numismatic Association’s (ANA) World’s Fair of Money, August 5 – 9, 2009 at the Los Angeles Convention Center (West Hall A), 1201 S. Figueroa Street – Los Angeles, CA.

The Bureau will proudly showcase its "Billion Dollar Exhibit" which features more than one billion dollars of rare and antique currency including sheets of $100,000 currency notes, Treasury Bonds, and Gold and Silver certificates. Also, the Bureau will have on display an exhibit featuring two currency face plates from the Federal Reserve Bank of San Francisco, a Series 1934-C 12-Subject $1,000 plate and a Series 1934-C 12-Subject $10,000 plate.

Additionally, the Bureau will have an antique (19th Century) Spider Press at this convention. A technical expert on currency production will conduct printing demonstrations on this Abraham Lincoln-era press and answer questions. There will also be live demonstrations by a member of the Bureau’s Office of Engraving and a member of the Mutilated Currency Division.
Read the rest of this entry »

US Government Prints 620.8 Million Notes Worth $17.3 Billion in May

BEP Production FiguresThe quantity of banknotes produced by the US government in May increased over April, but fewer denominations were printed and the total value of all notes declined, according to Bureau of Engraving and Printing (BEP) figures released Friday.

In comparing the months, the agency printed more $1s and $20s in May, but fewer $100s and no $5s. And similar to April, no $10s or $50s were produced.

In total, 620,800,000 banknotes were produced last month valued at $17,286,400,000. By contrast, the BEP printed 617.6 M notes worth $17.8 billion in April. Read the rest of this entry »

US Government Prints 617.6 Million Notes Worth $17.8 Billion - April

BEP Production FiguresThe same amount of banknotes were produced by the US government in April as in March, but the total value of those notes was less, according to Bureau of Engraving and Printing (BEP) figures released Thursday.

In comparing the months, the agency printed more $1s and the same number of $5s. However, fewer $20s, $100’s, and no $10s or $50s were printed.

In total, 617,600,000 banknotes were produced last month valued at $17,785,600,000. In contrast, the BEP printed 617.6 M notes worth $22.1 billion in February. Read the rest of this entry »

Newly discovered Serial #1 Bicentennial $2 Star Note at CSNS Auction

Gift from grandmother to grandson could bring $20,000+

DALLAS, TX – The only serial #1 star note from the Bicentennial $2 series known to exist in private hands will be offered by Heritage Currency Auctions of America in its Central States auction, May 1, at Cincinnati’s Duke Energy Downtown Convention Center.

$2 1976 Federal Reserve Note

The newly surfaced note had been hidden away by its owner since 1976, when it was obtained – along with the serial #2 San Francisco District $2 star, which accompanies it in this sale – by the consignor’s grandmother from a Bank of America branch in Oakland, Calif. She went in with the express purpose of obtaining a couple of the newly issued $2 Bicentennial notes for her grandson’s budding coin and currency collection.

The notes were placed in an envelope and forgotten until more than three decades later when that same grandson, for whom they were purchased in the first place, discovered the envelope. Now these pristine notes are going to be offered to the general public and the level of curiosity from the collecting world is expected to be high. Read the rest of this entry »

US Government Prints 556.8 Million Notes Worth $25.3 Billion - Feb

BEP Production FiguresThe U.S. government in February produced more banknotes for the second consecutive month, according to Bureau of Engraving and Printing (BEP) figures released Friday, March 13.

The agency in February printed more $1s, $20s and $100s and the same amount of $10s and $50s as January. No $5s were produced in either month.

In total, 556,800,000 banknotes were produced last month valued at $25,286,400,000. In contrast, the BEP printed 489.6 M notes worth $20.3 billion in January. Read the rest of this entry »

BEP Prints 489.6 Million Notes Worth $20.3 Billion in January

BEP Production FiguresThe U.S. government in January printed more notes with a higher total value compared to December, according to Bureau of Engraving and Printing (BEP) figures released Friday, February 13.

The agency printed fewer $1s and $100s, and no $5s. However, the production of $50s more than doubled in January, making up for the difference.

In total, 489,600,000 banknotes were produced last month valued at $20,345,600,000. In contrast, the BEP printed 461 M notes worth $17.5 billion in December. Read the rest of this entry »

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