U.S. coin production slowed in February after reaching a three-month high in January, according to newly released United States Mint manufacturing data. Output remained below 1 billion coins for the 18th consecutive month, following a previous streak of eight months above that level.
The U.S. Mint struck 581.61 million coins for circulating in February – including cents, nickels, dimes, quarters, and half dollars – reflecting declines of 8.2% from January and 9.8% from February 2024.
Here’s how February’s production compares to previous months over the past year:
February 2024 to February 2025 Circulating Coin Production
| Month | Mintages | Rank |
|---|---|---|
| February 2025 | 581.61 M | 5 |
| January 2025 | 633.56 M | 3 |
| December 2024 | 391.70 M | 9 |
| November 2024 | 602.90 M | 4 |
| October 2024 | 826.60 M | 1 |
| September 2024 | 486.00 M | 6 |
| August 2024 | 405.20 M | 7 |
| July 2024 | 235.20 M | 12 |
| June 2024 | 168.22 M | 13 |
| May 2024 | 396.08 M | 8 |
| April 2024 | 368.20 M | 11 |
| March 2024 | 332.70 M | 10 |
| February 2024 | 644.86 M | 2 |
The U.S. Mint’s primary mission is to manufacture coins in response to public demand. It produces, sells, and delivers circulating coins to Federal Reserve Banks and their coin terminals, ensuring commercial banks and other financial institutions have the necessary supply.
Despite costing the Mint 3.69 cents to produce and distribute each penny, the Federal Reserve consistently orders more of them than any other denomination. In February, the Mint struck 353 million Lincoln cents, accounting for 60.7% of all circulating-quality coins produced for the month.
The future of the penny, however, is increasingly uncertain. On Feb. 9, President Trump ordered an end to its production, calling the move a step toward reducing "wasteful" government spending.
"For far too long the United States has minted pennies which literally cost us more than 2 cents," Trump said in a Truth Social post. "This is so wasteful! I have instructed my Secretary of the US Treasury to stop producing new pennies. Let’s rip the waste out of our great nations budget, even if it’s a penny at a time," Trump wrote.
Month-Over-Month
In month-over-month comparisons for coins commonly used by Americans, February production saw:
- 45.6% more Lincoln cents,
- 9.6% fewer Jefferson nickels,
- 6.4% fewer Roosevelt dimes, and
- 79.6% fewer quarters.
Mintages of Native American Dollars and Kennedy Halves
The U.S. Mint also produces other coins in circulating quality, including half dollars and dollars. While Native American $1 coins are no longer ordered by the Federal Reserve, they continue to be minted in circulating quality for collectors. The same applied to Kennedy half dollars until recent years – specifically in 2021, 2022, 2023, and 2024 – when they were released into circulation.
In many years, the U.S. Mint strikes both denominations in January to meet the expected demand for the entire year. However, that has not been the case for Kennedy half dollars over the past four years, as the Federal Reserve unexpectedly ordered millions more for circulation – approximately 12 million in 2021, 7 million in 2022, 18 million in 2023, and 52 million in 2024 (fiscal, not calendar years).
It remains uncertain whether any 2025 Kennedy half dollars will be released into general circulation. As of January, production figures indicated 3.6 million half dollars struck at the Denver Mint and 5.8 million at the Philadelphia Mint, totaling 9.4 million coins. February data showed an additional 2 million minted in Denver, raising its year-to-date total to 5.6 million and bringing the overall 2025 half dollar mintage to 11.4 million coins. By comparison, 2024 production reached 21.9 million from Denver and 15.7 million from Philadelphia, for a total of 37.6 million coins.
Mintage levels for 2025 Native American dollars were expected to remain unchanged after January, when 1.12 million were struck at both the Denver and Philadelphia Mints for a combined 2.24 million coins – the same total as in the previous two years. However, February data showed an increase to 3.08 million coins following the addition of 700,000 more minted at the Philadelphia Mint.
On Jan. 28, the U.S. Mint began selling rolls, bags, and boxes of 2025 Native American dollars. Collectors can expect rolls and bags of circulating 2025 Kennedy half dollars to become available on May 6.
The following table details 2025 circulating coin mintages in February by production facility, denomination, and design.
U.S. Mint Circulating Coin Production in February 2025
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 163,000,000 | 190,000,000 | 353,000,000 |
| Jefferson Nickel | 28,560,000 | 45,600,000 | 74,160,000 |
| Roosevelt Dime | 59,500,000 | 57,000,000 | 116,500,000 |
| Quarters | 15,300,000 | 19,950,000 | 35,250,000 |
| Kennedy Half-Dollar | 2,000,000 | 0 | 2,000,000 |
| Native American $1 Coin | 0 | 700,000 | 700,000 |
| Total | 268,360,000 | 313,250,000 | 581,610,000 |
In total February production, the Denver Mint struck 268.36 million coins, while the Philadelphia Mint produced 313.25 million, bringing the combined output to 581.61 million coins.
For the year to date, the Denver Mint has struck 551.86 million coins, and the Philadelphia Mint has made 663.31 million coins, bringing the total to 1,215,170,000 coins. This is 37.9% fewer than the 1,400,840,000 coins manufactured during the first two months of 2024.
This next table lists coin production totals by denomination and by U.S. Mint facility:
YTD 2025 Circulating Coin Production by Denomination
| 1 ¢ | 5 ¢ | 10 ¢ | 25 ¢ | 50 ¢ | N.A. $1 | Total: | |
|---|---|---|---|---|---|---|---|
| Denver | 254.4M | 72.24M | 128M | 99.5M | 5.6M | 1.12M | 551.86M |
| Philadelphia | 350M | 84M | 113M | 108.55M | 5.8M | 1.96M | 663.31M |
| Total | 595.4M | 156.24M | 241M | 208.05M | 11.4M | 3.08M | 1215.17M |
If the current production pace continues through December, the 2025 annual mintage would near 7.3 billion coins. For comparison, the U.S. Mint produced just over 5.6 billion coins for circulation in 2024, marking the lowest output since 2009.
Lastly, Mint data shows that 35.25 million quarters were struck in February, all reported as Ida B. Wells quarters. After adding January’s figures, quarters honoring Wells now total 97.3 million from Denver and 106.35 million from Philadelphia, for a combined 203.65 million. In January, the U.S. Mint also reported striking 4.4 million Juliette Gordon Low quarters, split evenly between the two facilities. The Wells and Low quarters are the 16th and 17th releases in the Mint’s 20-coin American Women Quarters™ series. More Low quarters will obviously be minted, and the same seems likely for Wells quarters, given their relatively low mintage compared to past issues. The lowest in the series so far is the 2024 Dr. Mary Edwards Walker quarter at 300.6 million. The Mint began selling Ida B. Wells quarters in early February, with Juliette Gordon Low quarters set for release on March 25.
So the mint produces roughly 1 cent for every American citizen. I still haven’t received mine yet!
I got some 2025D prooflikes a few places lately. Straight to the stasis chamber. Try big retail, CVS! Kroger……scored many rolls @Kroger. And I also got a roll of cents, out of 50, get this a BU 1968d, a 1948d, 12 <1982 and 4 BU ‘24d and 3 BU 2013D, all without contact marks. Best roll in awhile…. Makes you feel young, OMG a wheatie
Here are 2, 68,48d…..where has the 68 been for sooo long
John,
You are the man! Congratulations on your finds. Are you finding any of those 2023 extra V’s? I’m going to give CVS a try.
On the West coast rare to see any P here…
good hunting at the bank when I ask about some rolls they treat me like Willie Sutton…
I went thru a few more so far this was the best, fun even still…..
Sometimes free flowing spouts of plans does not match reality.
GO UCLA
THIS GUY HAS REFUSED TO SHAVE UNTIL THEY PUT REAL SILVER BACK IN COINAGE, yikes….Cag?
joke…..
Selfie?
Speaking of looking good, the Witterbrick Emperor’s box is for sale. It has an 1851 Humbert $50 in AU55, CAC. Mighty tempting. I missed the earlier ones this year. Went in a flash.
Could it be that they simply used up the planchets already on hand and on order before shutting it down? Maybe someday we will know the answer
Yesterday, in the CoinNews March 11, 2025 US Mint Sales article, Major D noted that “the 2025 Marine Silver Proof has already surpassed 2024 Tubman, 29,902 vs. 25,850 (when including the 3-coin)? The clad proof will likely be next, as it’s at 17,929 vs. 18,257. And speaking of the 3-coin, it’s at 4,308 vs. 4,440.” The 2025 U.S. Marine Corps 250th Anniversary commemorative coin sales should be relatively strong compared to recent issues in 2024 (and 2022), even with the increased/higher prices, due to the overall popularity of the Marine Corps 250th Anniversary theme and the fact that only one… Read more »
Important note: I was referring to the modern silver and clad commemorative coins and not the modern gold commemorative coins.
Gold almost made $3,000 an ounce. Almost. Last week I got my last 2024 AWQ, so my circulation 2024 AWQs is complete. I also got an entire uncirculated roll of Maya Angelou AWQs, 2022 D. Strange.
Speaking of strange, of all things, I found a 1972-D Ike Dollar in a Walgreens parking lot a few days ago. Looks like it may be a MS63.
Rich,
Yikes and Ike!
Type I, II, or III? They did not issue those in the 1971 and 1972 mint sets either. So, it had to come from a roll. That coin is 53 years old. You may want to take a closer look at it and do some homework. I myself keep waiting for the Ikes to wake up. Some day they will.
Cheers
I just checked PCGS’s price guide – $23 in MS 63
Yes, E 1, it’s just a regular Type I Clad 1972-D Ike, and I am most surprised at the condition it was in considering it is 53 years old and found laying in a parking lot.
Rich,
You may want to revisit that parking lot.
Nice find and cool button.
Peace Out
They look like one of the rolls you buy in a two roll set from the Mint. Quite unusual. It only cost me $10.
Maybe there should be a marine on the bill instead of Harriet Tubman. No disrespect to her, but they’ve done more for this nation than she has.
GLD just Closed at Another All Time Closing High.
GLD closed at $275.24 (24×5 trading may cause price variation).
I’m not sure if it was at your suggestion, but in Sept 2021 I put my Roth IRA money into GLD and SLV. Up about 50%. And one advantage is it avoids the 28% tax.
MarkInFlorida,
I bet it was. I’ve been pounding the table on the virtues of GLD specifically for years and I’ve pounded the table for years that a Roth is the best tax shelter ever created for all tax brackets.
I usually pound the table for GLD vs. SLV, SLV can be a better trade than GLD because it has a higher beta than GLD. If an investment was made in GLD at its highest price point in September 2021 ($171.55) and subsequently sold at its lowest price point yesterday ($274.66), the ROI would be 60%. If an investment was made in SLV at the highest price point in September 2021 ($23.04) and subsequently sold at its lowest price point yesterday ($30.5101), the ROI would be 32%. One could easily have a 50% ROI depending on the allocation mix and… Read more »
Thanks for the reminder, as well as the examples posted above.
Much appreciated.
well so much for not making any more cents…
Makes cents to me 😀
The I can’t understand why 2025 Lincoln Cents are selling for extra high prices on Ebay, coins produced into the hundreds of millions are not rarities!
FOMO(Fear Of Missing Out)would be a main driver here. Add on the “what if’s”, the YouTube media/coin site speculators, and the Marketeering that the eBay opportunists implement, and there’s our free market at it’s best? Snake Oil does have it’s benefits, don’t you know!?
It happens all of the time, and on occasion–guilty as charged.
E1,
Thats a very nice set of MS &Pf Ikes you’ve got there. What’s going on with the 73 proof? Is that on the holder plastic or the coin itself?
DaveSWFL,
That’s a back reflection from the holder. The coin is perfect. The picture is not. I use my iPhone for all of my pictures now because it’s easier. The set also includes the two 1976-S Silvers. The 1971-S Silver UNC in MS-67 is the money coin. The 1972-S Silver UNC has also gone up a lot in the last year. In all, it is a great looking 10 coin set.
Thanks
E 1,
How do you manage to avoid the blurry shakes with your iPhone camera? Do you use a brace, or do you just have that steady a hand? My wife’s Android camera makes good pics when there’s plenty of light (faster shutter speed), but despite being a competitive pistol shooter, I still end up with too many blurred shots indoors. I’d post more photos if I could get decent ones.
Sam,
I just use my iPhone. Maybe I’m just a good 2-handed shot. Try using both hands next time. Also, I usually take several shots and pick the best one.
Reminds me of all those pictures of Bigfoot and UFOs.
These are the real endangered creatures…..here are a couple I captured
Nice JQC.
I haven’t seen any here in NorCal yet. I did go to the bank and asked for some 2025 rolls and got zeroed.
Here’s my modest collection of Ike dollars.
That is an awesome collection of Ike Dollars (1971-1978). Do your 32 coins displayed comprise the complete series, including the 1976 Bi-Centennials?
1976 S 40% Silver Bicentennials. Coming up on the 50-year mark. Look for the Red Pack and the Blue 3-coin folder. Once considered toxic waste and now highly sought after. Next year’s Quincentennial should add further interest in the Bicentennial Coins. Also, interest is gaining in the 40% silver clad coins from 1965-1970.
DaveSWFL,
Nice! Thank you for your pic.
Someday the coin collecting public will wake up and begin to appreciate these big modern historical dollars. The 1975-76 Bicentennial issues have the Moon and the Liberty Bell on the reverse. All of the others have the Eagle Landing. Epic – First of its kind. There are a number of varieties in the series too. I grew up with these, so I maybe a little sentimental about them.
They ever so humbly say “Apollo 11” without the words.
I miss those days. I remember being so excited when those coins were announced. I have both the Type I and Type II of the Eisenhower Bicentennial Dollars. I like to look at them and chuckle about the change in lettering on the reverse.
Definitely one of my favorites.
An Epic modern design for sure.
Thumbs up E1, cool looking coins right there.
I believe it is a complete set with all varieties and does include the bicentennial dollars.
Eisenhower Varieties: 1971-D: Some pieces exhibit a variety in which the eagle lacks brow lines and these have been dubbed the “Friendly Eagle Pattern.” 1972-P: The three varieties may be differentiated by examining the depiction of the Earth on the reverse. Type I dollars show the Earth flattened and Florida pointing to the South East. The Type II, the Earth is round and Florida points to the south with a single large island to the southeast. The Type III is similar to the Type II, except that there are two islands directly to the south of the peninsula. 1971-S: Some… Read more »
You are much more of an expert on Ike dollars than I. Rather than varieties, I should have said my collection contains all mintmarks for all years and all strike types for all years . Discerning subtle variations of each type is a project that I just might have to undertake now that I’ve dusted off the storage case and once again admired the beauty of these beastly coins.
DaveSWFL,
Yes, big and beastly indeed. IMO, the very first US coin to bring “Space” to US numismatics. Also, in 1972, a little something extra for the People of Florida. Additionally, Eisenhower’s two terms as President and his rank as Supreme Military Commander during WWII makes him one of the nation’s greatest. But, he has been forgotten by most – much like his coin. Someday, I hope, collectors will remember this man and his coin.
https://en.wikipedia.org/wiki/Dwight_D._Eisenhower
E 1, some of what you said of Dwight D. Eisenhower’s greatness was nicely captured in the 1990 Eisenhower Centennial Silver Dollar Commemorative coin.
Rich,
Yes indeed. Also, it is common to see that coin on the back page of a complete album set of Ikes.
Snagged several rolls of them years ago and use them as valet tips. The valets love them!!! Especially the moon reverse
DaveSWFL,
Yes, an easy way to get rid of the rejects. I recently had a 2013-D Kennedy half dollar in Gem condition. Except, it had roll machine damage on the obverse. As Cali pointed out to me “The Ring of Death.” The coin was double mojo bad luck, so I gave it away to a pesky pan handler in front of the grocery store. I hope he’s OK. But, so glad I quickly got rid of that coin.
Bought an additional 100 shares of GLD pre-market this morning @ $276.567.