U.S. Mint Produces Over 1.5 Billion Coins for Circulation in January

by Mike Unser on February 15, 2019 · 5 comments

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The U.S. Mint in January produced over 1.5 billion coins

U.S. Mint production surged in January with the agency’s facilities in Denver and Philadelphia striking more than 1.5 billion coins for circulation. Those coins included in cents, nickels, dimes, quarters, half-dollars and dollars.

The production pace jumped 168.9% from December but slipped 5.9% from January 2018. Here’s how the month stacks up against others in the past year:

January 2018 to January 2019 Circulating Coin Production

Month Mintages Rank
January 2019 1,507.30 M 2
December 2018 560.64 M 13
November 2018 1,031.24 M 8
October 2018 1,382.18 M 4
September 2018 976.82 M 9
August 2018 831.56 M 12
July 2018 1,403.16 M 3
June 2018 1,198.34 M 6
May 2018 1,291.76 M 5
April 2018 878.74 M 11
March 2018 902.924 M 10
February 2018 1,066.51 M 7
January 2018 1,601.54 M 1

 

The Federal Reserve always orders more 1-cent coins than any other denomination even as it costs the U.S. Mint 1.82 cents to make and distribute each one. The bureau produced 894 million Lincoln cents in January, representing 59.3% of the circulating-quality coins produced for the month.

Year-Over-Year

Comparing the production output in January from December offers little value in this round of data because the two months are aways far opposite of each other.

In year-over-year comparisons for coins used daily by Americans, production totals:

  • Declined 11% for Lincoln cents,
  • Fell 9.7% for Jefferson nickels,
  • Climbed 10.5% for Roosevelt dimes, and
  • Rose 3.2% for America the Beautiful quarter dollars.

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.

Published mintages for the 2019 Kennedy half-dollar combine to 3.4 million with equal splits between Denver and Philadelphia. Last year’s half-dollar was the most produced since the one from 2001. It saw 6.1 million from Denver and 4.8 million from Philadelphia for a combined 10.9 million coins.

So far, the U.S. Mint has released two annually issued coins with one-year-only designs. They include the 2019 Lowell National Historical quarter for Massachusetts, released on Feb. 4, and the 2019 Native American $1 Coin, released on Feb. 13.

Finalized mintages for the Lowell quarter should be available by March or April.

Reported mintages for the space-themed 2019 Native American dollars are 1.4 million from Denver and 1.4 million from Philadelphia for a combined 2.8 million coins, matching last year’s dollar mintages.

Here’s a summary of all circulating-quality coins produced last month:

US Mint Circulating Coin Production in January 2019

Denomination Denver Philadelphia Total
Lincoln Cents 424,800,000 469,200,000 894,000,000
Jefferson Nickels 65,280,000 71,520,000 136,800,000
Roosevelt Dimes 127,000,000 152,500,000 279,500,000
ATB Quarters 100,400,000 90,400,000 190,800,000
Kennedy Half Dollars 1,700,000 1,700,000 3,400,000
Native American $1s 1,400,000 1,400,000 2,800,000
Total 720,580,000 786,720,000 1,507,300,000

 

In overall production totals, the Philadelphia Mint struck 786.72 million coins and the Denver Mint struck 720.58 million coins for the combined 1,507.3 million coins. If the current production pace stretched through to December, the annual mintage for 2019 would top 18 billion coins. The Mint made over 13.1 billion coins for circulation in 2018.

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Seth RieslingRichardjoeraBrotherYipc_q Recent comment authors
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c_q

can we stop with the cent production already? sure, make some for collectors but no need for them in circulation. once supply dries up, people will be happy to round off to nickel.

BrotherYip
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BrotherYip

US Mint should Stop making Hulk Amount of USELESS coins, for over 50 years they already waste more than 100 million Earth’s Resource . Average American family have more then $10 worth of coin in their home . what is the points to waste taxes money to create and store the coins in Vault ? Modern Coin Collectors are reducing a lot . New generation don’t want to collect . Kids only play game or Internet Social People use Plastic card or Electronic Card . Anyone using coins more than $10 ? I guess NO.

joera
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joera

I can’t even remember using coins or paper money. Oh wait, I remember now… I needed quarters to put air in my car’s tires so I went to my bank and used my debit card to get the quarters. I sure miss the times when other people use to put gas and air in the car. Back in the…??? Wow I really can’t remember when that was, “FULL SERVICE GAS STATIONS” A lot of people are going… “WHAT?”

Richard
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Richard

Meanwhile the pointless American Innovation dollars march on….

Seth Riesling
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Seth Riesling

joera –

I am the same. I use my Visa debit card or one of my two credit cards for everything. I don’t use cash at all. My mother still carries cash & coins in her purse & writes checks at Wal-Mart for groceries & it drives me crazy! Lol

Sweden is the country that is the closest to a no coins or banknotes usage situation currently a study I read said.

NumisdudeTX