The United States Mint’s monthly coin output in 2025 has remained within a relatively narrow range from the upper 500 millions to the upper 600 millions, with May’s total landing near the top of that span.
The month also marked the 21st consecutive month in which production remained below the one-billion mark – a notable stretch that highlights the slowdown compared to earlier periods, when monthly totals regularly surpassed that threshold. Just prior to this trend, the Mint recorded eight straight months with output above one billion coins.
In May, the Mint struck 657.95 million coins for circulation, including cents, nickels, dimes, and quarters. The figure reflects a 13.9% increase from April and a 66.1% jump over May 2024.
Here’s how May’s production compares to previous months over the past year:
May 2024 to May 2025 Circulating Coin Production
| Month | Mintages* | Rank |
|---|---|---|
| May 2025 | 657.95 M | 3 |
| April 2025 | 577.64 M | 7 |
| March 2025 | 669.02 M | 2 |
| February 2025 | 580.91 M | 6 |
| January 2025 | 633.56 M | 4 |
| December 2024 | 391.70 M | 11 |
| November 2024 | 602.90 M | 5 |
| October 2024 | 826.60 M | 1 |
| September 2024 | 486.00 M | 8 |
| August 2024 | 405.20 M | 9 |
| July 2024 | 235.20 M | 12 |
| June 2024 | 168.22 M | 13 |
| May 2024 | 396.08 M | 10 |
*The May total excludes a negative adjustment reflected in the Mint’s May data for 3.22 million Native American dollars – an amount that, based on CoinNews tracking, had inflated monthly totals by 700,000 in February, 1.4 million in March, and 1.12 million in April. Those figures have also been updated.
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 May, the Mint struck 205 million Lincoln cents, accounting for 31.3% of all circulating-quality coins produced for the month.
The future of the one-cent coin, 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. In May, the U.S. Treasury announced it had placed its final order for penny blanks and will phase out production of the one-cent coin once current inventories are exhausted.
Month-Over-Month
In month-over-month comparisons for coins commonly used by Americans, May production saw:
- 49.4% more Lincoln cents,
- 32.8% more Jefferson nickels,
- 13.4% fewer Roosevelt dimes, and
- 4% more quarters.
The U.S. Mint also produces other coins in circulating quality, including half dollars and dollars. Although Native American $1 coins are no longer ordered by the Federal Reserve, they continue to be produced in circulating quality for collectors. The same was true for Kennedy half dollars until recent years – specifically in 2021, 2022, 2023, and 2024 – when they were also distributed into circulation.
Mintages of Kennedy Halves
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 unclear whether any 2025 Kennedy half dollars will be released into general circulation. As of January, production totals stood at 3.6 million coins from the Denver Mint and 5.8 million from the Philadelphia Mint. February added another 2 million from Denver, while March contributed 2.4 million more from Philadelphia. With no reported changes in April or May, the year-to-date total stands at 13.8 million coins – 5.6 million from Denver and 8.2 million from Philadelphia.
By comparison, 2024 saw significantly higher production, with 21.9 million half dollars struck at Denver and 15.7 million at Philadelphia, for a combined total of 37.6 million coins.
Mintages Adjusted for Native American Dollars
In May, mintage levels for the 2025 Native American dollar were revised downward by 3.22 million coins. Initially, totals were reported as follows:
- January: 1.12 million (Denver) + 1.26 million (Philadelphia) = 2.38 million
- February: an additional 700,000 (Philadelphia)
- March: another 1.4 million (700,000 from each facility)
- April: 1.12 million added (420,000 Denver, 700,000 Philadelphia)
However, updated figures now show cumulative production remains exactly as first reported in January at 2.38 million coins. By comparison, 2024 saw slightly lower production, totaling 2.24 million Native American dollars, with equal splits of 1.12 million from each facility.
The U.S. Mint began selling rolls, bags, and boxes of 2025 Native American dollars on Jan. 28, followed by the release of 2025 Kennedy half dollar rolls and bags on May 6.
The following table details 2025 circulating coin mintages in May by production facility and denomination.
U.S. Mint Circulating Coin Production in May 2025
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 137,800,000 | 67,200,000 | 205,000,000 |
| Jefferson Nickel | 45,600,000 | 80,600,000 | 126,200,000 |
| Roosevelt Dime | 57,000,000 | 105,000,000 | 162,000,000 |
| Quarters | 70,900,000 | 93,850,000 | 164,750,000 |
| Kennedy Half-Dollar | 0 | 0 | 0 |
| Native American $1 Coin | -1,120,000 | -2,100,000 | -3,220,000 |
| Total | 310,180,000 | 344,550,000 | 654,730,000 |
In May, the Denver Mint struck 311.3 million coins, while the Philadelphia Mint produced 346.65 million, for a combined monthly total of 657.95 million coins.
Year-to-date, Denver has struck 1,529,500,000 coins and Philadelphia 1,589,580,000 coins, bringing the combined total to 3,119,080,000 coins – 24.9% more than the 2,497,820,000 coins produced during the same period in 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 | 626M | 205.68M | 390.5M | 300.6M | 5.6M | 1.12M | 1529.5M |
| Philadelphia | 639.6M | 246.72M | 297M | 396.8M | 8.2M | 1.26M | 1589.58M |
| Total | 1265.6M | 452.4M | 687.5M | 697.4M | 13.8M | 2.38M | 3119.08M |
If the current production pace continues through December, the 2025 annual mintage would near 7.5 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.
2025 Quarter Mintages
In addition to the 2025 Native American dollar with its one-year-only design, the U.S. Mint through May has also released the first two of five issues for 2025 from its four-year American Women Quarters™ Program. These coins are the 16th and 17th overall in the series, each featuring a unique reverse design.
The 2025 Ida B. Wells quarter, the first of the year, entered circulation in February, with the Mint offering rolls and bags of the coin to the public beginning Feb. 4. Mintage totals were unchanged in April but increased sharply in May, with an additional 43.7 million coins from Denver and 59.85 million from Philadelphia. The coin’s combined mintage now stands at 309.4 million – 143.2 million from Denver and 166.2 million from Philadelphia.
The second quarter design of the year, honoring Juliette Gordon Low, entered circulation in March. Rolls and bags went on sale March 25. Production to date has reached 130.2 million from Denver and 200.4 million from Philadelphia – the latter following a 3.8 million increase in May – for a combined total of 330.6 million.
Production began in April for the third 2025 design featuring Dr. Vera Rubin, which entered circulation on June 2, with rolls and bags of them offered on June 3. Just 2.2 million coins were struck in Philadelphia that month. In May, the numbers climbed to 25 million from Denver and 27.8 million from Philadelphia, for a combined total of 52.8 million.
Minting started in May for the fourth 2025 design featuring Stacey Park Milbern, scheduled for release in mid-August. Early totals show 2.2 million coins from the Denver Mint and 2.4 million from the Philadelphia Mint, for a combined 4.6 million.
This final table shows all American Women quarter dollar mintages by production facility, denomination, and design.
2022-2025 America Women Quarter Mintages
| Denver | Philadelphia | Total | |
|---|---|---|---|
| 2025 Ida B. Wells Quarter | 143,200,000 | 166,200,000 | 309,400,000 |
| 2025 Juliette Gordon Low Quarter | 130,200,000 | 200,400,000 | 330,600,000 |
| 2025 Dr. Vera Rubin Quarter | 25,000,000 | 27,800,000 | 52,800,000 |
| 2025 Stacey Park Milbern Quarter | 2,200,000 | 2,400,000 | 4,600,000 |
| 2025 Althea Gibson Quarter | 0 | 0 | 0 |
| 2024 Rev. Dr. Pauli Murray Quarter | 185,800,000 | 168,400,000 | 354,200,000 |
| 2024 Patsy Takemoto Mink Quarter | 187,200,000 | 210,200,000 | 397,400,000 |
| 2024 Dr. Mary Edwards Walker Quarter | 159,400,000 | 141,200,000 | 300,600,000 |
| 2024 Celia Cruz Quarter | 156,200,000 | 149,600,000 | 305,800,000 |
| 2024 Zitkala-Ša Quarter | 170,200,000 | 152,600,000 | 322,800,000 |
| 2023 Bessie Coleman Quarter | 317,200,000 | 302,000,000 | 619,200,000 |
| 2023 Edith Kanaka’Ole Quarter | 368,600,000 | 372,800,000 | 741,400,000 |
| 2023 Eleanor Roosevelt Quarter | 271,800,000 | 284,000,000 | 555,800,000 |
| 2023 Jovita Idar Quarter | 188,000,000 | 190,600,000 | 378,600,000 |
| 2023 Maria Tallchief Quarter | 184,800,000 | 185,800,000 | 370,600,000 |
| 2022 Maya Angelou Quarter | 258,200,000 | 237,600,000 | 495,800,000 |
| 2022 Dr. Sally Ride Quarter | 278,000,000 | 275,200,000 | 553,200,000 |
| 2022 Wilma Mankiller Quarter | 296,800,000 | 310,000,000 | 606,800,000 |
| 2022 Nina Otero-Warren Quarter | 219,200,000 | 225,000,000 | 444,200,000 |
| 2022 Anna May Wong Quarter | 240,800,000 | 226,800,000 | 467,600,000 |
