U.S. circulating coin production slowed in November from October but ran much quicker than a year earlier, the latest manufacturing figures from the United States Mint show.
Over 1.3 billion in cents, nickels, dimes, and quarters came out of the Mint’s coining presses last month, marking a 5.4% decline from October but a 37.9% increase from November 2016. Here’s how the month stacks up against others in the past year:
2016 – 2017 November Coin Production Figures
|November 2017||1,346.26 M||4|
|October 2017||1,423.54 M||3|
|September 2017||1,316.22 M||5|
|August 2017||1,167.48 M||8|
|July 2017||1,254.74 M||6|
|June 2017||1,252.88 M||7|
|May 2017||1,156.34 M||9|
|April 2017||959.54 M||12|
|March 2017||1,445.8 M||2|
|February 2017||983.40 M||10|
|January 2017||1,790.30 M||1|
|December 2016||696.68 M||13|
|November 2016||976.04 M||11|
The Federal Reserve orders more 1-cent coins from the U.S. Mint than any other denominations even as it costs 1.5 cents to make and distribute each one. The agency struck 782.4 million Lincoln cents in November for 58.1% of the circulating-quality coins produced during the month.
2017-dated circulating cents from the Philadelphia Mint carry a ‘P’ mint mark for the first time in history. This is a one-year-only embellishment, added as a part of the U.S. Mint’s 225th anniversary celebration.
These P-cents are not rare, however, with more than 4.1 billion made through the first eleven months of this year.
In the latest month-over month comparisons for coins used daily by Americans, November production totals saw:
- 8.6% fewer Lincoln cents,
- 4.2% fewer Jefferson nickels,
- 13.7% fewer Roosevelt dimes, and
- 22.3% more America the Beautiful Quarters.
Native American $1 Coins and Kennedy half-dollars are no longer ordered by Federal Reserve Banks but they are still made in circulating quality for coin collectors. In January, the U.S. Mint tends to strike both coins to the expected amounts needed for the entire year. The agency in April did produce 140,000 more 2017-P Native American dollars. In October, it also struck 1.1 million more 2017-D Kennedy half-dollars.
Production facilities in Denver and Philadelphia manufacture all of America’s coins for commerce. Last month, the Denver Mint made 637.76 million coins and the Philadelphia Mint made 708.5 million coins.
Here’s a summary of all circulating-quality coins produced during the month:
US Mint Circulating Coin Production in November 2017
|Kennedy Half Dollars||0||0||0|
|Native American $1s||0||0||0|
Year-to-date figures at 6,898,360,000 coins from Denver and 7,198,140,000 coins from Philadelphia total 14,096,500,000 coins, representing an 8% decline from the 15,320,730,000 coins minted by the same time last year.
This next table lists 2017 coin production totals by denomination and by U.S. Mint facility:
YTD 2017 Circulating Coin Production by Denomination
|1 ¢||5 ¢||10 ¢||25 ¢||50 ¢||N.A. $1||Total:|
This year’s monthly average of more than 1.28 billion coins tracks over 12 months to about 15.4 billion coins. The U.S. Mint produced over 16 billion coins for circulation in 2016 after making more than 17 billion coins in 2015, the most since 2001.
Ellis Island Quarter Mintages
The U.S. Mint has released all six its 2017-dated coins bearing one-year-only designs. They include the:
- 2017 Native American $1 Coin, released on Jan. 25.
- 2017 Effigy Mounds Quarter for Iowa, released on Feb. 6.
- 2017 Frederick Douglass Quarter for D.C., released on April 3.
- 2017 Ozark Riverways Quarter for Missouri, released on June 5.
- 2017 Ellis Island Quarter for New Jersey, released on Aug. 28.
- 2017 George Rogers Clark Quarter for Indiana, released on Nov. 13
Mintages for the Native American dollar at 1.54 million from Denver and 1.82 million from Philadelphia combine to 3.36 million coins. Last year’s design ended with splits of 2.1 million from Denver and 2.8 million from Philadelphia for 4.90 million coins.
Production figures include 215 million quarters that have yet to be officially assigned to a coin design. These are George Rogers Clark National Historical Park quarters. The coin’s final mintage will be available in January.
The following table offers a breakdown of this year’s mintages by coin design:
2017 Circulating Coin Production by Design
|Effigy Mounds National Monument Quarter||210,800,000||271,200,000||482,000,000|
|Frederick Douglass National Historic Site Quarter||185,800,000||184,800,000||370,600,000|
|Ozark National Scenic Riverways Quarter||200,000,000||203,000,000||403,000,000|
|Ellis Island National Monument Quarter||254,000,000||234,000,000||488,000,000|
|George Rogers Clark National Historical Park Quarter||0|
|Native American $1 Coins||1,540,000||1,820,000||3,360,000|
Coin production figures in this coin news article are based on data aggregated from the Mint’s webpage at: https://www.usmint.gov/circulating-coins-production.