U.S. Mint Produces Over 1.3 Billion Coins for Circulation in April

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The U.S. Mint produced over 1.3 billion coins in April
The U.S. Mint produced over 1.3 billion coins in April

U.S. coin production in April ran the quickest for a month since October, according to the latest round of manufacturing figures from the United States Mint.

The U.S. Mint struck over 1.3 billion coins for circulation last month, marking increases of 16.3% from March and 64.7% from April of last year.

Here’s how the month compares against others in the past year:

April 2020 to April 2021 Circulating Coin Production

Month Mintages Rank
April 2021 1,320.28 M 6
March 2021 1,134.84 M 9
February 2021 1,163.40 M 8
January 2021 919.52 M 10
December 2020 903.50 M 12
November 2020 1,165.10 M 7
October 2020 1,404.69 M 5
September 2020 1,422.59 M 4
August 2020 1,657.06 M 2
July 2020 1,697.74 M 1
June 2020 1,596.48 M 3
May 2020 904.12 M 11
April 2020 801.84 M 13

 

The Federal Reserve orders more 1-cent coins than any other denomination even as data shows it costs the U.S. Mint 1.76 cents to make and distribute each one. The Mint made 598.4 million Lincoln cents last month, representing 45.3% of the circulating-quality coins produced in April.

Month-Over-Month

In month-over month comparisons for coins used daily by Americans, production totals in April saw:

  • 1.7% fewer Lincoln cents,
  • 13% fewer Jefferson nickels,
  • 49.1% more Roosevelt dimes, and
  • 58.6% more 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. Often in January, the U.S. Mint strikes both coins to the expected amounts needed for the entire year.

That wasn’t the case for 2021 halves. Mint data shows none were produced until February, and then only 1.6 million from Denver. Philadelphia finally showed up in March at 1.9 million. Then in April, amounts for both facilities jumped with 6.8 million from Denver and 4.8 million from Philadelphia for a combined 11.6 million — already the most for a year since 2001. Last year’s half-dollar ended with 3.4 million from Denver and 2.3 million from Philadelphia for a combined 5.7 million.

Published mintages of 2021 Native American dollars have remained unchanged since January with equal splits of 1.26 million from Denver and 1.26 million from Philadelphia for a combined 2.52 million coins. In contrast, the 2020 dollar saw 1.26 million for Denver and 1.4 million for Philadelphia for 2.66 million coins.

The U.S. Mint started selling rolls and bags of 2021 Native American dollars on Feb. 16. Rolls and bags of 2021 Kennedy half dollars debuted on May 11.

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

US Mint Circulating Coin Production in April 2021

Denomination Denver Philadelphia Total
Lincoln Cents 252,400,000 346,000,000 598,400,000
Jefferson Nickels 62,400,000 56,880,000 119,280,000
Roosevelt Dimes 138,500,000 168,000,000 306,500,000
Quarters 118,000,000 170,000,000 288,000,000
Kennedy Half Dollars 5,200,000 2,900,000 8,100,000
Native American $1s 0 0 0
Total 576,500,000 743,780,000 1,320,280,000

 

U.S. Mint plants in Denver and Philadelphia manufacture all of America’s coins for commerce. Last month, the Denver Mint made 576.5 million coins and the Philadelphia Mint made 743.78 million coins for the combined 1,320,280,000 coins.

Year-to-date, the Denver Mint struck 2,424,160,000 coins and the Philadelphia Mint made 2,113,880,000 coins for a combined 4,538,040,000 coins, which is 12.8% more than the 4,023,080,000 coins minted through the first four months of 2020.

This next table lists 2021 coin production totals by denomination and by U.S. Mint facility:

YTD 2021 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 1136.8M 298.6M 553.5M 427.2M 6.8M 1.26M 2424.16M
Philadelphia 986.4M 273.62M 517M 330.8M 4.8M 1.26M 2113.88M
Total 2123.2M 572.22M 1070.5M 758M 11.6M 2.52M 4538.04M

 

If the current production pace stretched through to December, the annual mintage for 2021 would top 13.6 billion coins. The U.S. Mint made over 14.77 billion coins for circulation in 2020.

Mintages by Unique Design

In addition to the Native American dollar, the U.S. Mint released (on Feb. 8) another coin with a one-year-only design — the 2021 Tuskegee Airmen quarter for Alabama. Its mintage remained unchanged in April.

This last table offers a breakdown of this year’s mintages that have been reported by coin design:

2021 Circulating Coin Production by Design

Denver Philadelphia Total
Lincoln Cent 1,136,800,000 986,400,000 2,123,200,000
Jefferson Nickel 298,600,000 273,620,000 572,220,000
Roosevelt Dime 553,500,000 517,000,000 1,070,500,000
Tuskegee Airmen National Historic Site Quarter (Alabama) 304,000,000 160,400,000 464,400,000
George Washington Crossing the Delaware Quarter 0 0 0
Kennedy Half-Dollar 6,800,000 4,800,000 11,600,000
Native American $1 Coin 1,260,000 1,260,000 2,520,000
Total 2,300,960,000 1,943,480,000 4,244,440,000

 

There are 293.6 million in quarters that the U.S. Mint has yet to officially assign to a design. These are 2021 George Washington Crossing the Delaware quarters. Hundreds of millions more of them will be made until the first American Women quarters are issued in 2022.

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Kaiser Wilhelm

Check the Mint website for what the Mint won’t be producing in the near future. Surprise!

Big T

If you mean the Morgan dollars they were not going to make these until September anyway. The preorder was for coins shipped in October. I am not sure what changes they plan to improve the backlash from all the whinny babies unless they intend to increase the mintage, reduce the household limit, and propose some kind of lottery system. Guess what, it won’t matter not everyone that wants one will get one unless they increase the mintage significantly, but that will ruin the flipper market (no coins to flip if all the collectors bought one at cost from the mint)… Read more »

Mark Gerard Rigaud

No they can increase the bandwith to allow more collectors onto the website at once it’s doable! Facebook, Tweeter, TikTok, and Youtube have damn near billions of users on those websites daily with no issues. Increase the bandwith then it will truly be “first come, first serve”

Kaiser Wilhelm

Improving the Mint’s website is a very good start, but increasing the mintages, lowering the household buying limits and eliminating all advance bulk purchases are equally as important.

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Last edited 22 days ago by Kaiser Wilhelm
Kaiser Wilhelm

Collectors shouldn’t be the perpetual sacrificial lambs for all of those bottom-feeding flippers. People who have worked hard for their money ought never be called upon to finance the greedy impulses of shameless profiteers. In that regard, here are four suggestions for what would likely amount to bringing about the Mint’s most significant improvements:

  1. Increase the mintages significantly.
  2. Set household limit at 1 for first 24 hours.
  3. Eliminate the Advance Bulk Purchases.
  4. Improve the capacity of the Mint’s website.
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Last edited 22 days ago by Kaiser Wilhelm
Kaiser Wilhelm

I previously forgot to address the issue of flippers versus demand. Flippers don’t increase demand for any particular coins, they simply prey on the collectors whom they manage to deprive of these same coins in the first place by way of their very despicable and singularly underhanded shenanigans. Flippers can’t in any way, shape or form be considered to be a positive element of the collecting market. They are nothing more than bottom feeders and parasites and they represent everything that is wrong with the Mint and the entirely counter-productive way it continues to collaborate with all manner of such… Read more »

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Last edited 15 days ago by Kaiser Wilhelm