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	<title>
	Comments on: U.S. Mint Produces Just 2.66 Billion Coins in First Half of 2024	</title>
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	<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/</link>
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		<title>
		By: Andy		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-540059</link>

		<dc:creator><![CDATA[Andy]]></dc:creator>
		<pubDate>Wed, 07 Aug 2024 02:43:45 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-540059</guid>

					<description><![CDATA[Back in 1933 Utah authorized a 2 year emergency relief fund, and issued 1 and 5 mil aluminum tokens.  The current value would be 3 and 15 cents.  The thin, flimsy aluminum tokens were unpopular,  so in 1942 the aluminum tokens were replaced with 1, 2 and 5 mil plastic tokens.  These became less and less used, so in 1951 Utah was one of the last states to give up and demonetized the sales tax tokens.  In 1951 the Utah tax tokens had a 2024 value of 1.5,  3 and 7.5 cents.  The 1 cent was equivalent to 15 cents today.  Based on the history of sales tax tokens, the 1 cent has long outlived it&#039;s usefulness, and the nickel and dime&#039;s days of usefulness are numbered.  Almost 20 years ago, New Zealand decided the 5 cent coin was a nuisance and made the 10 cent the smallest denomination.  The British 1 and 2 pence coins have seen very limited production since 2017, and none issued for circulation since 2021.  Based on the compete lack of circulation issue Charles III pennies, it appears the Penny will not be produced for circulation again.  Proof and uncirculated sets continue to include the penny and 2 pence.]]></description>
			<content:encoded><![CDATA[<p>Back in 1933 Utah authorized a 2 year emergency relief fund, and issued 1 and 5 mil aluminum tokens.  The current value would be 3 and 15 cents.  The thin, flimsy aluminum tokens were unpopular,  so in 1942 the aluminum tokens were replaced with 1, 2 and 5 mil plastic tokens.  These became less and less used, so in 1951 Utah was one of the last states to give up and demonetized the sales tax tokens.  In 1951 the Utah tax tokens had a 2024 value of 1.5,  3 and 7.5 cents.  The 1 cent was equivalent to 15 cents today.  Based on the history of sales tax tokens, the 1 cent has long outlived it&#8217;s usefulness, and the nickel and dime&#8217;s days of usefulness are numbered.  Almost 20 years ago, New Zealand decided the 5 cent coin was a nuisance and made the 10 cent the smallest denomination.  The British 1 and 2 pence coins have seen very limited production since 2017, and none issued for circulation since 2021.  Based on the compete lack of circulation issue Charles III pennies, it appears the Penny will not be produced for circulation again.  Proof and uncirculated sets continue to include the penny and 2 pence.</p>
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		<title>
		By: Rick		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539914</link>

		<dc:creator><![CDATA[Rick]]></dc:creator>
		<pubDate>Mon, 05 Aug 2024 05:24:16 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539914</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539849&quot;&gt;Rick&lt;/a&gt;.

Nice car, minimal potential hail damage. I&#039;m not familiar with the &quot;ASS&quot; model (next to tail light), but quite fitting! 
Just kidding bud!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539849">Rick</a>.</p>
<p>Nice car, minimal potential hail damage. I&#8217;m not familiar with the &#8220;ASS&#8221; model (next to tail light), but quite fitting!<br />
Just kidding bud!</p>
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		<title>
		By: Antonio		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539867</link>

		<dc:creator><![CDATA[Antonio]]></dc:creator>
		<pubDate>Sun, 04 Aug 2024 21:32:27 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539867</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539640&quot;&gt;Antonio&lt;/a&gt;.

I was under the impression they are delivered from the mint in bags and get put into rolls at the bank or other facility, like Loomis.  Like I observed before, it&#039;s a strange year.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539640">Antonio</a>.</p>
<p>I was under the impression they are delivered from the mint in bags and get put into rolls at the bank or other facility, like Loomis.  Like I observed before, it&#8217;s a strange year.</p>
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		<title>
		By: Rick		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539849</link>

		<dc:creator><![CDATA[Rick]]></dc:creator>
		<pubDate>Sun, 04 Aug 2024 18:44:35 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539849</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539721&quot;&gt;Rick&lt;/a&gt;.

Yes, Covid distribution issues no doubt. 
I guess you and I are the A-holes in all of this because we save some 1C coins causing the shortages, then the stores are forced to hand out nickels instead of 1C lol funny stuff.. 
I place orders for 1C boxes whenever I want and pick them up within days quite frankly. Just last month I made the mistake with a 3 box oder(wrong time of year), because they were all PL 2024-D coins, every single one of them went into the Coinstar machine.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539721">Rick</a>.</p>
<p>Yes, Covid distribution issues no doubt.<br />
I guess you and I are the A-holes in all of this because we save some 1C coins causing the shortages, then the stores are forced to hand out nickels instead of 1C lol funny stuff..<br />
I place orders for 1C boxes whenever I want and pick them up within days quite frankly. Just last month I made the mistake with a 3 box oder(wrong time of year), because they were all PL 2024-D coins, every single one of them went into the Coinstar machine.</p>
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		<title>
		By: Antonio		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539776</link>

		<dc:creator><![CDATA[Antonio]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 22:08:56 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539776</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539640&quot;&gt;Antonio&lt;/a&gt;.

I got my first 2024-D cent today when I turned in some mutilated coins I found.  My first 2024 coin, August 3rd.  I asked my teller and he hadn&#039;t noticed any 2024 coins of any denomination and wondered where all the coins were going to, out of the country perhaps?  Also spoke with a businessman who handles hundreds of dollars in change and he hadn&#039;t noticed any 2024 coins either.  Makes you wonder where all this change is going to.  I&#039;ve come across an unusual number of mutilated quarters in my quarter rolls for laundry.  Why so many?  I&#039;m curious if some of the mutilated quarters aren&#039;t counterfeits from China, passed on as mutilated when in fact they&#039;re counterfeit to harm our economy.  Wouldn&#039;t put it past Beijing to do that. This is turning out to be an unusual year.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539640">Antonio</a>.</p>
<p>I got my first 2024-D cent today when I turned in some mutilated coins I found.  My first 2024 coin, August 3rd.  I asked my teller and he hadn&#8217;t noticed any 2024 coins of any denomination and wondered where all the coins were going to, out of the country perhaps?  Also spoke with a businessman who handles hundreds of dollars in change and he hadn&#8217;t noticed any 2024 coins either.  Makes you wonder where all this change is going to.  I&#8217;ve come across an unusual number of mutilated quarters in my quarter rolls for laundry.  Why so many?  I&#8217;m curious if some of the mutilated quarters aren&#8217;t counterfeits from China, passed on as mutilated when in fact they&#8217;re counterfeit to harm our economy.  Wouldn&#8217;t put it past Beijing to do that. This is turning out to be an unusual year.</p>
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		<title>
		By: Rick		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539766</link>

		<dc:creator><![CDATA[Rick]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 17:46:53 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539766</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539763&quot;&gt;AKBob&lt;/a&gt;.

Wow you really backed the truck up on the 2021 Silver! You&#039;re a fair man no doubt.
If I were you I would respectfully &#038; firmly request that they check the video for the Ryder hand signed &#038; serialized COA(you&#039;ll need dates &#038; sub #&#039;s handy). If that signed COA was deemed &#039;Not Mint sealed&#039; they won&#039;t encapsulate it..(do you still have the accompanying graded coin?)..

Just yesterday I sent in 3 CC GSA Morgans to be restored/refurbished/re-holdered, and on a separate form I submitted the 3 accompanying serialized COA&#039;s to be encapsulated also. Technically serialized COA&#039;s won&#039;t qualify unsealed, but I gave it a shot for these cool 50 year old COA&#039;s anyway. We&#039;ll see!?
https://www.pcgs.com/COA]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539763">AKBob</a>.</p>
<p>Wow you really backed the truck up on the 2021 Silver! You&#8217;re a fair man no doubt.<br />
If I were you I would respectfully &amp; firmly request that they check the video for the Ryder hand signed &amp; serialized COA(you&#8217;ll need dates &amp; sub #&#8217;s handy). If that signed COA was deemed &#8216;Not Mint sealed&#8217; they won&#8217;t encapsulate it..(do you still have the accompanying graded coin?)..</p>
<p>Just yesterday I sent in 3 CC GSA Morgans to be restored/refurbished/re-holdered, and on a separate form I submitted the 3 accompanying serialized COA&#8217;s to be encapsulated also. Technically serialized COA&#8217;s won&#8217;t qualify unsealed, but I gave it a shot for these cool 50 year old COA&#8217;s anyway. We&#8217;ll see!?<br />
<a href="https://www.pcgs.com/COA" rel="nofollow ugc">https://www.pcgs.com/COA</a></p>
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		<title>
		By: AKBob		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539763</link>

		<dc:creator><![CDATA[AKBob]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 14:47:23 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539763</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539753&quot;&gt;Rick&lt;/a&gt;.

Rick, I’ve got some more to send in too.  I’m still butt hurt from my last encounters with PCGS.  I still haven’t got ahold of them about my signed COA by Ryder on the 2019 S ERP ASE.  PCGS was supposed to encapsulate it but didn’t.  PCGS made so many mistakes on my 65coins I submitted a few months back.  What a  show by PCGS.  I’ll be sending in some very soon tho.  I’ve almost got rid of ALL of my 2021 Mor/Pea Dollars.  I had a  pile of them, well over a hundred!!  I actually made quite a bit of money, thankfully.  Plus I haven’t been selling at top dollar prices, I’m not a greedy person, I sell at a fair price, I won’t gouge my buyers.  I’d rather get them sold and put that money towards more gold.   I don’t think I’ll send in my medal as it doesn’t seem to be worth getting graded currently.  That could change.

Rick, I think your prediction could be spot on for the Gold Lib/Brit coin.  If it does become coin of the year, the medal might get a bump.   The PCGS PR70 is going for $5K+, the only ones less than $5K are NGC PF70’s.  So, if it gets the Coin of the Year award, it could get a huge bump!!   I do like the design as I’ve said before, so I’m happy I have 2 already, one uncertified and one PR70 of the medals.  

Well, as always, Good Luck ALL!!!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539753">Rick</a>.</p>
<p>Rick, I’ve got some more to send in too.  I’m still butt hurt from my last encounters with PCGS.  I still haven’t got ahold of them about my signed COA by Ryder on the 2019 S ERP ASE.  PCGS was supposed to encapsulate it but didn’t.  PCGS made so many mistakes on my 65coins I submitted a few months back.  What a  show by PCGS.  I’ll be sending in some very soon tho.  I’ve almost got rid of ALL of my 2021 Mor/Pea Dollars.  I had a  pile of them, well over a hundred!!  I actually made quite a bit of money, thankfully.  Plus I haven’t been selling at top dollar prices, I’m not a greedy person, I sell at a fair price, I won’t gouge my buyers.  I’d rather get them sold and put that money towards more gold.   I don’t think I’ll send in my medal as it doesn’t seem to be worth getting graded currently.  That could change.</p>
<p>Rick, I think your prediction could be spot on for the Gold Lib/Brit coin.  If it does become coin of the year, the medal might get a bump.   The PCGS PR70 is going for $5K+, the only ones less than $5K are NGC PF70’s.  So, if it gets the Coin of the Year award, it could get a huge bump!!   I do like the design as I’ve said before, so I’m happy I have 2 already, one uncertified and one PR70 of the medals.  </p>
<p>Well, as always, Good Luck ALL!!!</p>
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		<title>
		By: Rick		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539753</link>

		<dc:creator><![CDATA[Rick]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 04:08:30 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539753</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539743&quot;&gt;AKBob&lt;/a&gt;.

Yes AKBob I ordered 2 L&#038;B Silvers along with the Gold on day one since that was the HH limit. All 3 coins are over at PCGS now. I don&#039;t see much going on with the Silver Medals either so I&#039;m going to just hold &#039;em for now! I did however want to send them in with the other coins for the shipping convenience both ways. At least the prelim sales numbers are not through the roof. Same with the HR Gold numbers. You cannot get a PF70 Gold L&#038;B for less than 4k(we paid 3k Mint raw), so there&#039;s that fun fact...
What I&#039;m hopeful for is the following potential scenario...
In 2026, the 2024 Coin of the Year will be announced. The L&#038;B Gold has a real shot for a win. I&#039;m boldly predicting that the L&#038;B Gold is going to win over the Flowing Hair and the other World Mint contenders. If anything it will be because of the collaboration factor. So there&#039;s your Sleeper Winner USM Gold Coin. We&#039;ll see!?
PS: The L&#038;B Gold is already being imaged &#038; encapsulated after just 1 week of being received! The value of the coin required the Express service($70@3 weeks delivered). But it appears that they are giving the coin the Walkthrough treatment($150@1 week). Maybe they&#039;re slow at the moment?...
Let&#039;s hope for a repeat grade(below)!!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539743">AKBob</a>.</p>
<p>Yes AKBob I ordered 2 L&amp;B Silvers along with the Gold on day one since that was the HH limit. All 3 coins are over at PCGS now. I don&#8217;t see much going on with the Silver Medals either so I&#8217;m going to just hold &#8217;em for now! I did however want to send them in with the other coins for the shipping convenience both ways. At least the prelim sales numbers are not through the roof. Same with the HR Gold numbers. You cannot get a PF70 Gold L&amp;B for less than 4k(we paid 3k Mint raw), so there&#8217;s that fun fact&#8230;<br />
What I&#8217;m hopeful for is the following potential scenario&#8230;<br />
In 2026, the 2024 Coin of the Year will be announced. The L&amp;B Gold has a real shot for a win. I&#8217;m boldly predicting that the L&amp;B Gold is going to win over the Flowing Hair and the other World Mint contenders. If anything it will be because of the collaboration factor. So there&#8217;s your Sleeper Winner USM Gold Coin. We&#8217;ll see!?<br />
PS: The L&amp;B Gold is already being imaged &amp; encapsulated after just 1 week of being received! The value of the coin required the Express service($70@3 weeks delivered). But it appears that they are giving the coin the Walkthrough treatment($150@1 week). Maybe they&#8217;re slow at the moment?&#8230;<br />
Let&#8217;s hope for a repeat grade(below)!!</p>
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		<title>
		By: c_q		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539752</link>

		<dc:creator><![CDATA[c_q]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 04:01:42 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539752</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539656&quot;&gt;c_q&lt;/a&gt;.

so just FYI, several countries, in particular japan, have continued to make collector-only versions of low-denomination coins for their various proof and uncirculated sets after those same denominations were no longer being produced for general circulation.  the euro 1-cent and 2-cents are partially facing this fate also, as several euro countries no longer use the 1-cent or 2-cent coins, rounding cash transactions to nearest 5 cents, though they are still obligated to produce these coins for collector sets.

this is effectively true for the US in the case of dollar coins, which can only be obtained in collector sets at prices well above face value, and is nearly effectively true for half-dollar coins also. 

just to keep things in perspective, the US got rid of the 1/2 cent in 1857 due to lack of use.  from that time the 1/2 cent coin would have an inflation-adjusted value today of about 18 cents.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539656">c_q</a>.</p>
<p>so just FYI, several countries, in particular japan, have continued to make collector-only versions of low-denomination coins for their various proof and uncirculated sets after those same denominations were no longer being produced for general circulation.  the euro 1-cent and 2-cents are partially facing this fate also, as several euro countries no longer use the 1-cent or 2-cent coins, rounding cash transactions to nearest 5 cents, though they are still obligated to produce these coins for collector sets.</p>
<p>this is effectively true for the US in the case of dollar coins, which can only be obtained in collector sets at prices well above face value, and is nearly effectively true for half-dollar coins also. </p>
<p>just to keep things in perspective, the US got rid of the 1/2 cent in 1857 due to lack of use.  from that time the 1/2 cent coin would have an inflation-adjusted value today of about 18 cents.</p>
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		By: Rick		</title>
		<link>https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539750</link>

		<dc:creator><![CDATA[Rick]]></dc:creator>
		<pubDate>Sat, 03 Aug 2024 02:48:58 +0000</pubDate>
		<guid isPermaLink="false">https://www.coinnews.net/?p=102928#comment-539750</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539675&quot;&gt;CaliSkier&lt;/a&gt;.

Unfortunately that robotic Mint employee did rebel and went rogue on those sets!
He&#039;s back in the reprogramming dept. getting the latest software updates installed.
Thankfully the Mint re-education camp is inclusive to both &lt;span&gt;non-sentient, and sentient beings. They all come out of production &#038; assembly training with the exact same, non-discriminatory intelligence level of 67. &lt;/span&gt;]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.coinnews.net/2024/07/31/u-s-mint-produces-just-2-66-billion-coins-in-first-half-of-2024/#comment-539675">CaliSkier</a>.</p>
<p>Unfortunately that robotic Mint employee did rebel and went rogue on those sets!<br />
He&#8217;s back in the reprogramming dept. getting the latest software updates installed.<br />
Thankfully the Mint re-education camp is inclusive to both <span>non-sentient, and sentient beings. They all come out of production &amp; assembly training with the exact same, non-discriminatory intelligence level of 67. </span></p>
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