US Mint Coin Production in July 2012 Hits 906.62 Million

7

It was another fast paced month for American coinage in July, but not as quick as the previous month.

Hawai'i Volcanoes National Park Quarter
U.S. Mint coin production figures show Hawai’i Volcanoes National Park quarters are getting struck, but exact mintage amounts remain unknown

906.62 million coins were struck for circulation, United States Mint coin production figures for July showed. It was the second highest monthly total over the past year, directly behind June’s run of 975.59 million coins which remains the best month on record since before the Great Recession.

2011-2012 July Coin Production Figures / Mintages

Month Mintages Rank
July 2012 906.62M 2
June 2012 975.59M 1
May 2012 819.86 M 5
April 2012 858.04 M 3
March 2012 781.70 M 8
February 2012 579.86 M 12
January 2012 802.50 M 7
December 2011 431.78 M 13
November 2011 715.96 M 9
October 2011 690.66 M 10
September 2011 811.42 M 6
August 2011 604.54 M 11
July 2011 821.98 M 4

 

More America the Beautiful quarters helped in offsetting weaker July from June totals of Lincoln cents, Jefferson nickels and Roosevelt dimes. Quarter mintages rose by 83 million in July — the best monthly increase for 25-cent pieces this year. None were produced in June.

U.S. Mint facilities in Philadelphia and in Denver are responsible for striking all coins for American circulation. For a fifth straight month, Denver’s output was greater with its 494.94 million coins compared to the 411.68 million coins minted in Philadelphia. A breakdown of the types of coins each facility manufactured follows.

US Mint Coin Production in July 2012

Denomination Denver Philadelphia Total
Lincoln Cents 309,600,000 281,600,000 591,200,000
Jefferson Nickels 42,960,000 29,760,000 72,720,000
Roosevelt Dimes 94,500,000 65,000,000 159,500,000
2012 ATB Quarters 47,600,000 35,400,000 83,000,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Presidential Dollars 280,000 -80,000 200,000
Total 494,940,000 411,680,000 906,620,000

 

No surprise, U.S. Mint presses have remained silent for Kennedy half-dollars since January and Native American dollars since February. Like the Presidential $1 coins, these are released solely for coin collectors and not into circulation.

Through the first seven months of 2012, circulating coin production totaled 5,724,160,000 coins. That marks a 15.7% increase over the 4,945,990,000 coins produced through the first seven months in 2011. This year’s monthly average of more than 817.7 million coins would place the 2012 annual coin production level at more than 9.8 billion coins.

Coin production figures offered few revelations for mintages by coin design. It is obvious that the U.S. Mint was busy producing Hawaii Volcanoes quarters, but numbers have not been tagged beside its name yet. The Hawaiian quarters are scheduled for release next week.

US Mint 2012 Coin Production / Mintages by Design

  Denver Philadelphia 2012 Total
Lincoln Cents 1,785,200,000 1,928,800,000 3,714,000,000
Jefferson Nickels 366,240,000 312,880,000 679,120,000
Roosevelt Dimes 539,500,000 519,000,000 1,058,500,000
El Yunque Quarter 25,000,000 25,800,000 50,800,000
Chaco Culture Quarter 22,000,000 22,000,000 44,000,000
Acadia Quarter 21,606,000 24,800,000 46,406,000
Hawai’i Quarter 0 0 0
Denali Quarter 0 0 0
Kennedy Half Dollars 1,700,000 1,800,000 3,500,000
Native American $1 2,800,000 2,800,000 5,600,000
Arthur Presidential $1 4,060,000 6,020,000 10,080,000
Cleveland (1st Term) Presidential $1 4,060,000 5,460,000 9,520,000
Harrison Presidential $1 4,200,000 5,640,001 9,840,001
Cleveland (2nd Term) Presidential $1 3,920,000 10,680,001 14,600,001
Total 2,780,286,000 2,865,680,002 5,645,966,002

 

In terms of specific changes for coins featuring unique designs:

  • First term 2012-D Grover Cleveland Presidential $1 coins increased by 280,000
  • 2012-P Benjamin Harrison Presidential $1 coins declined by 42,000
  • Second term 2012-P Grover Cleveland Presidential $1 coins declined by 42,000

Coin production figures are based on data aggregated from the U.S. Mint page: http://www.usmint.gov/about_the_mint/?action=coin_production.

Subscribe
Notify of
guest

7 Comments
Inline Feedbacks
View all comments
RonnieBGood

That’s a lot of change on the dresser!

george glazener

Ronnie;
What do you think about the long term investment potential of the Lucy Hayes UNC FS Gold Coin? I was lucky enough to get one several months ago. But being kind of inexperienced at flipping, I’m wondering when to hold it, and when to sell it?

Joe

Sell when they get to Kennedy.

RonnieBGood

Hi George, Ready… The gold content will matter the most in short term profiting from your wise purchase and gold is on an upward move. The much larger than expected unemployment figures are fueling an upward movement in the gold (and 24kt gold coin) market. Watch for a run to the $2000+ level in the 4th quarter of this year. Gift purchases in October and November will also increase the demand for quality coins such as the one you have acquired. This is especially true for a grade 69 or 70 coin with no visible imperfections (a 70 will do… Read more »

Munzen

Production has tracked economic activity, even in this day of credit cards and e-payments, so a 15% increase is very good news.

RonnieBGood

George,
The proof Lucy Hayes are still available from the mint. The UNC are doing very well now, off sale & do to the very low mintage. You will not lose with this one!!

Stewart

Ultimately this coin has no numismatic value, unless the production numbers are very very small, so YES, you can lose on this and all gold coins. The price per ounce will determine its value, nothing else. Sell it if the price per ounce gets to a point that makes sense to you and your own personal situation.