U.S. Mint coin production increased again in October, marking a second month of accelerating output, while no Lincoln cents were struck for a third consecutive month — just the third time since CoinNews began tracking in 2011 that other denominations were produced while pennies were not. With the Mint’s recent ceremony marking the last circulating strikes, this absence is expected to become permanent.
In October, the Mint produced 367.36 million coins for circulation, including nickels, dimes, quarters, and half dollars. The total was up 53.2% from September but down 55.6% from October 2024.
Here’s how the month’s output compared with other months over the past year:
October 2024 to October 2025 Circulating Coin Production
| Month | Mintages* | Rank |
|---|---|---|
| October 2025 | 367.36 M | 10 |
| September 2025 | 239.82 M | 11 |
| August 2025 | 193.00 M | 13 |
| July 2025 | 414.12 M | 8 |
| June 2025 | 204.42 M | 12 |
| 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 | 9 |
| November 2024 | 602.90 M | 5 |
| October 2024 | 826.60 M | 1 |
*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 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.
Lincoln Cent Production
The penny had long accounted for more than half of the Mint’s monthly coin output, as the Federal Reserve consistently ordered more of them than any other denomination. This continued despite its high production cost, most recently estimated at 3.69 cents per coin. That trend, however, is now history. In July, the Mint struck just 400,000 Lincoln cents — only 0.1% of all circulating-quality coins produced for the month — and none were minted in August, September, or October.
The shift follows a Feb. 9 directive from President Trump to end penny production, describing the move as a step toward reducing "wasteful" government spending. In May, the U.S. Treasury confirmed it had placed its final order for penny blanks and will phase out production once current inventories are depleted. On Nov. 12, the U.S. Mint held a ceremonial striking to mark the final production of the circulating one-cent coin, noting it will only be made for collector products going forward.
Month-Over-Month
In month-over-month comparisons for other coins commonly used by Americans, October production increased by:
- 70% Jefferson nickels,
- 30.3% Roosevelt dimes, and
- 70.4% 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).
Some 2025 Kennedy half dollars have entered general circulation, based on the latest figures. In January, production totaled 3.6 million coins from the Denver Mint and 5.8 million from the Philadelphia Mint. February added 2 million more from Denver, while March contributed another 2.4 million from Philadelphia.
With no reported changes in April, May, or June, the year-to-date total held at 13.8 million coins. In July, the Mint reported an additional 3.2 million from Denver, lifting the cumulative 2025 total to 17 million. The figures were unchanged in August. September saw another 1.6 million minted in Denver. October added 1.6 million from Denver and 3 million from Philadelphia, bringing the cumulative 2025 total to 23.2 million — 12 million from Denver and 11.2 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 of Native American Dollars
Since the U.S. Mint’s May revision to 2025 Native American dollars, which reset the cumulative mintage to the 2.38 million coins first reported in January, the total had remained unchanged until October.
Earlier monthly reports had shown the following additions before they were removed by the May update:
- 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)
Subsequent data confirmed that cumulative totals never moved beyond January’s level, effectively nullifying all reported increases from February through April.
In October, figures increased by 700,000 from each facility, resulting in updated totals of 1.82 million from Denver and 1.96 million from Philadelphia, for a cumulative total of 3.78 million.
For comparison, the 2024 Native American dollar saw slightly lower production, totaling 2.24 million coins, evenly split between the Denver and Philadelphia Mints.
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 shows 2025 circulating coin mintages in October by production facility and denomination.
U.S. Mint Circulating Coin Production in October 2025
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 0 | 0 | 0 |
| Jefferson Nickel | 48,000,000 | 63,360,000 | 111,360,000 |
| Roosevelt Dime | 100,000,000 | 44,000,000 | 144,000,000 |
| Quarters | 40,000,000 | 66,000,000 | 106,000,000 |
| Kennedy Half-Dollar | 1,600,000 | 3,000,000 | 4,600,000 |
| Native American $1 Coin | 700,000 | 700,000 | 1,400,000 |
| Total | 190,300,000 | 177,060,000 | 367,360,000 |
In October, the Denver Mint struck 190.3 million coins, while the Philadelphia Mint produced 177.06 million, for a combined 367.36 million.
Coin Production Through October 2025
Year-to-date, Denver has struck 2,182,240,000 coins and Philadelphia 2,355,560,000 coins, for an overall total of 4,537,800,000 coins — the weakest ten-month start on record, according to CoinNews data, and 1.8% less than the 4,619,040,000 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 | 645.2M | 370.32M | 685.5M | 467.4M | 12M | 1.82M | 2182.24M |
| Philadelphia | 655.2M | 507.20M | 564.0M | 616.0M | 11.2M | 1.96M | 2355.56M |
| Total | 1300.4M | 877.52M | 1249.5M | 1083.4M | 23.2M | 3.78M | 4537.80M |
If the current production pace continues through December, the 2025 annual mintage would reach 5.44 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 one-year-only 2025 Native American dollar, the U.S. Mint through October released all five 2025 issues from its four-year American Women Quarters™ Program, which concludes this year.
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. With no changes reported since, 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 a month later. Rolls and bags went on sale March 25. Production to date has reached 130.2 million from Denver and 200.4 million from Philadelphia, for a combined total of 330.6 million.
Production of the third 2025 design, featuring Dr. Vera Rubin, began in April, when 2.2 million coins were struck in Philadelphia. Output increased sharply in May, reaching 25 million from Denver and 27.8 million from Philadelphia, for a combined total of 52.8 million. June production rose further to 63 million coins from Denver and 55.8 million from Philadelphia, bringing the cumulative total to 118.8 million. The coin entered circulation on June 2, with rolls and bags offered a day later on June 3. No changes were reported for July, August, September, or October.
Minting for the fourth 2025 design, featuring Stacey Park Milbern, began in May with 2.2 million coins struck at the Denver Mint and 2.4 million at the Philadelphia Mint. No changes were reported in June, but production surged in July to 41.8 million from Denver and 72.8 million from Philadelphia, for a combined 114.6 million. In August, output increased by another 17.6 million from Denver, reaching 59.4 million, and 22 million from Philadelphia, totaling 94.8 million, for a cumulative mintage of 154.2 million. The coin was released in rolls and bags on Aug. 12. No additional coins were reported for September or October.
In June, the Mint began striking the final 2025 quarter design — and the last of the program — honoring Althea Gibson, with 2.4 million coins produced at Philadelphia. That month, the 2.4 million total was excluded from the Mint’s overall coin production report but appeared in its separate quarterly output report.
In July, Philadelphia’s figure held at 2.4 million, while Denver added 2.2 million, bringing the total to 4.6 million, which remained unchanged in August. In September, production increased by an additional 29.4 million coins at Denver and 32.8 million at Philadelphia. October contributions included 40 million from Denver and 66 million from Philadelphia, bringing the overall total to 172.8 million, with respective Denver and Philadelphia splits of 71.6 million and 101.2 million. The quarter entered circulation on Oct. 20, followed by its release in rolls and bags on Oct. 21.
Of note, the Mint’s reporting by quarter design still runs 2.4 million higher than what is reflected in the overall coin production report, leaving a discrepancy between the two.
This final table shows all American Women quarter dollar mintages by production facility, denomination, and design.
2022-2025 American 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 | 63,000,000 | 55,800,000 | 118,800,000 |
| 2025 Stacey Park Milbern Quarter | 59,400,000 | 94,800,000 | 154,200,000 |
| 2025 Althea Gibson Quarter | 71,600,000 | 101,200,000 | 172,800,000 |
| 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 |
