U.S. Mint Produces 1.2 Billion Coins for Circulation in October

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A CoinNews photo of a circulating 2021-D George Washington Crossing the Delaware River Quarter
A CoinNews photo of a circulating 2021-D George Washington Crossing the Delaware River Quarter

U.S. coin production in October ran the quickest for a month since July, broke a streak of two straight monthly slowdowns, and registered above the one billion level for the ninth month in a row, according to the latest manufacturing figures published by the United States Mint.

Just over 1.2 billion coins — spread across cents, nickels, dimes, and quarters — were minted last month, representing an increase of 3.8% from September but a 13.6% decline from October of last year.

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

October 2020 to October 2021 Circulating Coin Production

Month Mintages Rank
October 2021 1,213.86 M 6
September 2021 1,169.28 M 8
August 2021 1,187.32 M 7
July 2021 1,505.24 M 1
June 2021 1,348.60 M 4
May 2021 1,473.06 M 2
April 2021 1,320.28 M 5
March 2021 1,134.84 M 11
February 2021 1,163.40 M 10
January 2021 919.52 M 12
December 2020 903.50 M 13
November 2020 1,165.10 M 9
October 2020 1,404.69 M 3

 

The Federal Reserve orders more 1-cent coins from the U.S. Mint than any other denomination even as data shows it costs 1.76 cents to make and distribute each one. The Mint made 698.8 million Lincoln cents last month, representing 57.6% of the circulating-quality coins produced.

Month-Over-Month

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

  • 15.4% more Lincoln cents,
  • 40.6% fewer Jefferson nickels,
  • 0.2% fewer Roosevelt dimes, and
  • 3.4% more 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. 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 advanced by 5.2 million from Denver and 2.9 million from Philadelphia. In May, production increased by 900,000 from Denver and 300,000 from Philadelphia. Finally, the Philadelphia Mint in August produced another 300,000.

Together, the months add to a combined 13.1 million halves — 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 total of 5.7 million halves.

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 dollarsย 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 October 2021

Denomination Denver Philadelphia Total
Lincoln Cents 314,400,000 384,400,000 698,800,000
Jefferson Nickels 44,160,000 36,000,000 80,160,000
Roosevelt Dimes 125,000,000 108,500,000 233,500,000
Quarters 111,200,000 90,200,000 201,400,000
Kennedy Half Dollars 0 0 0
Native American $1s 0 0 0
Total 594,760,000 619,100,000 1,213,860,000

 

U.S. Mint plants in Denver and Philadelphia manufacture all of America’s coins for commerce. Last month, the Denver Mint made 594.76 million coins and the Philadelphia Mint made 619.1 million coins for the combined 1,213,860,000 coins.

YTD Totals

Year to date, the Denver Mint has struck 6,382,780,000 coins and the Philadelphia Mint has struck 6,052,620,000 coins for a combined 12,435,400,000 coins, which is 2.1% fewer than the 12,705,780,000 coins minted through the same period in 2020.

This next table lists coin production totals for 2021 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 3327.2M 712.32M 1334.5M 999.8M 7.7M 1.26M 6382.78M
Philadelphia 3311.6M 678.46M 1186.5M 869.4M 5.4M 1.26M 6052.62M
Total 6638.8M 1390.78M 2521M 1869.2M 13.1M 2.52M 12435.4M

 

If the current production pace stretched through to December, the annual mintage for 2021 would top 14.9 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 October.

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 3,327,200,000 3,311,600,000 6,638,800,000
Jefferson Nickel 712,320,000 678,460,000 1,390,780,000
Roosevelt Dime 1,334,500,000 1,186,500,000 2,521,000,000
Tuskegee Airmen National Historic Site Quarter (Alabama) 304,000,000 160,400,000 464,400,000
George Washington Crossing the Delaware Quarter not reported not reported not reported
Kennedy Half-Dollar 7,700,000 5,400,000 13,100,000
Native American $1 Coin 1,260,000 1,260,000 2,520,000
Total 5,686,980,000 5,343,620,000 11,030,600,000

 

There are 1,404,800,000 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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JWP

If the u.s. men can produce this many coins for circulation in one month why and blank is there a coin shortage? Has the mint not figured out how to get these coins into circulation or do they just like producing coins and not put it in them in circulation so that they can pay for storage. This so-called coin shortage is an excuse created by the mint because they don’t know what they’re doing.

c_q

1.2 billion sounds like a lot, but that’s actually just 4 coins per person per month. so, if everyone didn’t spend just 4 coins per month for one reason or another, then there will be a coin shortage even at this rate of coin production. (OK it’s probably not that few, since not everyone uses coins, so if say 100m people use coins regularly, that would be just 12 coins received but not spent per month to cause a shortage). and remember half of these are cents, which most people don’t even want to deal with at all. nobody picks… Read more »

Last edited 7 months ago by c_q
Major D

Kaiser, sorry but must disagree. Stores are not getting coins from banks because the banks have none. Banks are not getting coins from the Fed. This has been going on for months. There is a massive distribution problem.

The production figures make no sense. 1869.2M quarters produced YTD 2021? But 1404.8M have yet to be assigned a design- and these are the Wash Xing? The mint isn’t releasing figures on the Wash Xing quarters? All very strange.

c_q

over the last few decades the mint has made hundreds of billions of coins that are all perfectly usable but are sitting around in people’s drawers and ashtrays and couches and whatever. people just don’t bother spending coins because it’s a hassle and they aren’t worth all that much, so people are more apt to pull out dollar bills only (or plastic) when paying. one thing that could help is if the mint just stopped making cents altogether – that’s half their production, it costs more to make than face value, and they are the least likely coins to get… Read more »

Victor

Yet. I canโ€™t get a brand new roll of any kind. Hmโ€ฆ

FViia

Yes, this last thought is most likely (bank sitting on hands and only dealing with businesses).

Major D

Nope, at least not in my area. Stores are not getting coins from banks because banks are not getting coins from the Fed. It’s forcing stores to require digital transactions. Maybe this is the Fed’s plan? Or more likely there is a huge distribution bottleneck

Antonio

I’ve been able to get 2021 coins of all denominations. Must only be a problem in certain parts of the country. The only ones I’m not getting are half dollars. I’ve been buying rolls and now have an almost complete set from 1971 to 2001, except for 1987, of course.

Chris Terp

Quarters will always be tough in this COVID environment as businesses that need them hit bank(s) quickly for them – laundry mats, vending machine companies are in dire straits in certain parts of country for coins. Some stores and many consumers only using credit/debit cards so coins are “out there” but not being circulated. Trend for card use even before COVID and now many businesses only accept, or prefer customers to use cards for COVID protocols. Lot of consumers use only their cards also because of COVID fear. If you live in and near cities that use parking meters you… Read more »

Chris Terp

My domestic and overseas clients in Africa and Russia late last year were telling me they don’t think world gets back to normal until sometime in 2023 ๐Ÿ™

Chris Terp

COVID is not Armageddon Kaiser. Things will return to a normal in due course.

All “plagues” come to an end. Yes people remember as we do have written and oral history of previous plagues and people will revert to their normal ways. Yes, takes time but will happen. Hopefully sooner rather than later – fingers crossed.

SENZA

It’s Insane

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Chris Terp

My favorite The Doors song ๐Ÿ™‚

Clockwork Squirrel

To paraphrase O. Henry, “Eleven billion coins, and 60% of them were in pennies”.

Plus a quarter shortage yet only token circulation of halves.

WHAT WILL IT TAKE TO STOP THE MADNESS??

SENZA

Cancel my subscription to the resurrection

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Last edited 7 months ago by SENZA
SENZA

HAPPY HOLIDAYS – IF I KNEW YOUR ADDRESSES I WOULD SEND YOU ALL GIFT BASKETS THEN RAID YOUR FRIDGE AND MAYBE BORROW YOUR CAR………

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Chris Terp

NICEEEEEE ๐Ÿ˜‰

Hmmm, maybe Santa has you on his naughty list now? Don’t feel bad if some coal in your stocking on Baby Jesus Day ๐Ÿ˜ฎ ๐Ÿ˜‰

Chris Terp

Santa’s a sugar daddy nowadays ๐Ÿ˜‰

Antonio

I have a Krampus bell to summon him. All naughty boys and girls, away with him.

SENZA
SENZA
Antonio

I believe there’s a parade in Germany or Austria for that.

SENZA

No worries Chris, membership is still open and the initiation ceremony is painless but the exit ceremony is somewhat permanent………………………

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Last edited 6 months ago by SENZA
Chris Terp

๐Ÿ˜‰ ๐Ÿ˜ฎ ๐Ÿ˜ฎ ::o

Only one rule in Fight Club …

SENZA

Thems The Rules

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SENZA

I don’t like Alec perhaps that’s maybe why I don’t recall ever seeing this movie – gonna make a point to look it up….

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Rob S

I saw the interview he did. While I am siding with him in this case, a revolver can be fired by pulling the hammer back and letting it go – it slams the firing pin into the cap that fires the bullet, ultimately. You dont HAVE to pull the trigger. It produces the same effect.
But this model was supposed to have a half-cock safety feature (so it woudnt do that when dropped), so I hear.
And … just HOW did a LIVE round get into that “prop” gun??
I dont think that one is on AB.

SENZA

All we have to do is think like Alec, he did the dirty with that chic and she felt guilty and threatened to tell her husband and Alec hired a prop guy he knew could off her before she spoke up – some things are so obvious we over-look them. There were some disagreements on the amount and type of favors she owed him for certain citizenship issues he helped smooth over.

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SENZA

THAT’S MISS CANDY ……. https://www.youtube.com/watch?v=EkgAl2eNaG8

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SENZA

PEACE BRO, I AM SANTA CLAUS – WHAT LIST WOULD YOU LIKE TO BE ON! https://www.youtube.com/watch?v=O90pR8ZGxxs

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Chris Terp

Ha ha ha – NICEEEEEE ๐Ÿ˜‰

Haven’t seen this in ages. Sabbath rules!

Chris Terp

Most excellent! Merry rockin’ Christmas ๐Ÿ™‚

SENZA

That goes double for chipmunks https://www.youtube.com/watch?v=3xj-jGAJgZY

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Rob S

*horns*!!! ๐Ÿ˜€
Ozzy DOES RULE!
Gonna share this on a guitar site I frequent.

SENZA

Spread The Faith Bro

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SENZA

I like it when Kaiser answers his own question

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Rob S

Iommi! Classic!! ๐Ÿ˜€ *horns*!!!

SENZA

Yeah I can’t believe they left out the Strippers and Ambien what a lame party

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Chris Terp

Hmmm, which list? Some say “cruel to be kind (but in the right measure)” so that’s a plus for naughty and others say good guys finish last. So in quandary but I’ll think I’ll take the nice list.

Not metal but a good Christmas song too:

https://youtu.be/OR07r0ZMFb8

SENZA

Hey Kaiser, Chris reminds me of Chevy Chase at the end of NOTHING BUT TROUBLE when it’s revealed everyone is on the judges list.

Kaiser, your definitely on the right list…………………..

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Chris Terp

One of the many Chevy Chase movies I missed. Fletch, Vacation, Modern Problems and the one with Goldie Hawn in it were really the only four movies I enjoyed with him in cast.

On my search see had good cast of funny folks so maybe I’ll take the dive and view? Although the reviews were as usual with Chevy Chase films – terrible ๐Ÿ˜‰

SENZA

I never liked Chevy Chase until I seen Bill Murray act – and of course Christmas Vacation = Home Run in my book…

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SENZA

That one just sort of came up at the right time when movie creation was stale – I found it a pleasant surprise but as you said there are many more

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SENZA

THOSE AREN’T PILLOWS!!!!!!!!!! https://www.youtube.com/watch?v=1iYvcuQSP-U

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Numi

Gee, such a friendly, welcoming site.

Unless, of course, the visitor is a woman, youngster or a polite, civil, respectful and dignified human being.

And such a laser-sharp focus on numismatic news and issues.

Your parents must be so proud.

Last edited 6 months ago by Numi
Rich

Numi, glad someone finally chimed in since sam “i am” tweedy seems to be AWOL today. There are two sides to every coin… thanks for the ladylike hint.

SENZA

I love how the whiners and alter personalities of FViia always knock our content but never add anything of value to it. There is a numismatic item related to every topic we have covered so far – I concur FViia is “Ladylike”

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SENZA

I’m wondering why you answered your own question again and and what could it all mean?

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Rich

Hey… yes, I do miss sam tweedy!!!!!!!!!!!!!

SENZA

I understand where you are coming from and if you don’t like it I hope you will exercise your right to

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Numi

Oh my! No offense intended.

After all, your discretion, dignity and overall sense of decorum are unrivaled in this forum.

Why on Earth would you conclude the post was directed to you? It’s not like I implied you’re a sociopath!

Warmest regards,
Numi

SENZA

Dearest Numi,

Your words do make feel warm and fuzzy all over yet I am only a meek follower of this band of numismatic madmen and our one and only true Fearless Leader Sir Kaiser so if ever I piss you off please follow the chain of command and send all inquiries to our leader. The warm and fuzzy stuff you can always send to me.

Best Regards

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SENZA

transgender tweedy as it seems his personality is taking on some feminine qualities making him a transgender – cybil

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Numi

Well said!

Your thoughtful and concisely expressed comment is much appreciated, as it reveals your deeply committed reverence for the special brand of enlightenment and humanity demonstrated by your avatar’s namesake.

Thanks a trillion DM,
Numi

Domenic Vaiasicca

With large establishments, like Knotts Berry Farm, going cashless, it’s inevitable less coins will circulate.

SENZA

It’s more because most of the 4.7 million mom and pop stores are going out of business and that just plain stops coin circulation

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SENZA

Trump made Walmart even more dominant and Walmart uses it’s 3rd party sellers to create the price gouging nightmare wrongfully called a supply chain issue.

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L Austin

I was all ready to buy Kennedy halves for 2022 today at noon but it says they’re not available. Can anybody tell me what happened?

L Austin

The Finish on all the golden colored coins starting with Sacagawea is awful. After one day in your pocket it’s all ugly and unpresentable. All these coins are off my list of coins to buy from the mint.