U.S. Mint data showed 2025 coin production fell for a fifth straight year, reaching its lowest level since 2009. However, the year’s total was shaped in a big way by the Treasury ending cent production for circulation, which left five straight months without the denomination — historically the Mint’s highest-volume coin.
Overall, in 2025, U.S. Mint facilities delivered 4.947 billion coins to Federal Reserve Banks for circulation, an 11.9% decline from the 5.614 billion coins struck in 2024. The last time annual output was lower was in 2009, when 3.548 billion coins were produced amid the Great Recession, which ended midway through the year.
US Mint Annual Coin Production (2025 vs 2024)
| Year 2024 | Year 2025 | 2025 Unit Gain / Loss | 2025 % Gain / Loss | |
|---|---|---|---|---|
| Cents | 3,225,200,000 | 1,300,400,000 | -1,924,800,000 | -59.7% |
| Nickels | 112,800,000 | 1,041,200,000 | 928,400,000 | 823.0% |
| Dimes | 555,000,000 | 1,375,500,000 | 820,500,000 | 147.8% |
| Quarters | 1,680,800,000 | 1,191,000,000 | -489,800,000 | -29.1% |
| Half Dollars | 37,600,000 | 34,000,000 | -3,600,000 | -9.6% |
| Native American $1 | 2,240,000 | 5,180,000 | 2,940,000 | 131.3% |
| Total | 5,613,640,000 | 4,947,280,000 | -666,360,000 | -11.9% |
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.
2025 Circulating Coin Production by Denomination and Facility
| 1 ¢ | 5 ¢ | 10 ¢ | 25 ¢ | 50 ¢ | N.A. $1 | Total: | |
|---|---|---|---|---|---|---|---|
| Denver | 645.2M | 451.92M | 735.5M | 525.6M | 19.8M | 2.52M | 2380.54M |
| Philadelphia | 655.2M | 589.28M | 640.0M | 665.4M | 14.2M | 2.66M | 2566.74M |
| Total | 1300.4M | 1041.2M | 1375.5M | 1191M | 34.0M | 5.18M | 4947.28M |
Minting facilities in Philadelphia and Denver are responsible for manufacturing all U.S. coins for commerce. In 2025, the Philadelphia Mint produced 2,566,740,000 coins, while the Denver Mint made 2,380,540,000 coins.
Lincoln Cent Production Officially Ends in 2025
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 reported figures have remained unchanged since.
Policy decisions later in the year formalized what production data had already signaled. 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 would phase out production once current inventories were depleted.
On Nov. 12, the U.S. Mint officially marked the end of circulating cent production with a ceremonial striking event, noting the one-cent coin will be produced only for collector products going forward.
"Today the Mint celebrates 232 years of penny manufacturing," Kristie McNally, Acting Mint Director, said at the time. "While general production concludes today, the penny’s legacy lives on. As its usage in commerce continues to evolve, its significance in America’s story will endure."
That transition culminated on Dec. 11, when those last circulating pennies were auctioned, with the top lot realizing $800,000.
2025 Quarter Mintages: Two Series-Low Issues
The U.S. Mint issued all five unique 2025 coins from its four-year 2022-2025 American Women Quarters™ Program. These final-year quarters represent the 16th through 20th coins in the series, each showcasing a distinct design. Two of the quarters stand out for having the lowest mintages in the entire series.
The Ida B. Wells quarter entered circulation on Jan. 2, with the U.S. Mint offering rolls and bags to the public beginning Feb. 4. The coin’s combined mintage totals 309.4 million, including 143.2 million from Denver and 166.2 million from Philadelphia.
The Juliette Gordon Low quarter followed on March 24, with rolls and bags released March 25. Production totals reached 330.6 million coins, with 130.2 million struck at Denver and 200.4 million at Philadelphia.
The Dr. Vera Rubin quarter entered circulation June 2, with rolls and bags offered June 3. The coin’s cumulative mintage stands at 118.8 million, the lowest overall in the series, consisting of 63 million from Denver and 55.8 million from Philadelphia. The Philadelphia-struck 2025-P Dr. Vera Rubin quarter is the scarcest issue in the entire series.
The Stacey Park Milbern quarter entered circulation on Aug. 11, followed by its rolls-and-bags release on Aug. 12. Its combined mintage totals 154.2 million coins, with Denver striking 59.4 million and Philadelphia producing 94.8 million. The Denver-struck 2025-D Stacey Park Milbern quarter ranks as the second-lowest mintage in the series and the lowest from Denver.
The final 2025 quarter honoring Althea Gibson entered circulation Oct. 20, followed by its rolls-and-bags release Oct. 21. Total production reached 197.2 million coins, including 80.0 million from Denver and 117.2 million from Philadelphia.
This table shows all American Women quarter mintages by production facility 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 | 80,000,000 | 117,200,000 | 197,200,000 |
| 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 |
Mintages of Kennedy Halves
After nearly two decades off the Federal Reserve’s order books, Kennedy half dollars returned to circulation in 2021, albeit in small quantities compared to other denominations. Federal Reserve orders have since totaled about 12 million in FY2021, 7 million in FY2022, 18 million in FY2023, and 52 million in FY2024. Circulating-quality halves were also produced for collectors, pushing total mintages above the quantities ordered for circulation.
Higher production totals suggest Kennedy halves continued to move into circulation channels in 2025. Monthly output follows.
- January: 3.6 million (Denver) + 5.8 million (Philadelphia)
- February: +2 million (Denver)
- March: +2.4 million (Philadelphia)
- April-June: no change reported
- July: +3.2 million (Denver)
- August: no change
- September: +1.6 million (Denver)
- October: +1.6 million (Denver) + 3 million (Philadelphia)
- November: +1.6 million (Denver) + 3 million (Philadelphia)
- December: +6.2 million (Denver)
Total 2025 production finished at 34 million half dollars — 19.8 million from Denver and 14.2 million from Philadelphia. By comparison, 2024 production totaled 37.6 million half dollars, including 21.9 million from Denver and 15.7 million from Philadelphia.
Last year, the U.S. Mint began selling rolls and bags of 2025 Kennedy half dollars on May 6.
Mintages of Native American Dollars
Although Native American $1 coins are no longer ordered by the Federal Reserve, they are still produced in circulating quality for collectors and continue to appear in the Mint’s production reports.
Since the U.S. Mint’s May revision to 2025 Native American dollar figures, which reset the cumulative total to the 2.38 million coins first reported in January and erased previously reported increases from February through April, the mintage held steady until October.
In October and again in November, totals rose by 700,000 coins at each mint, bringing the cumulative 2025 mintage to 5.18 million — 2.52 million from Denver and 2.66 million from Philadelphia — and remained unchanged in December. By comparison, 2024 Native American dollar production totaled 2.24 million, evenly split between Denver and Philadelphia.
Last year, the U.S. Mint began selling rolls, bags, and boxes of 2025 Native American dollars on Jan. 28.
Coin Production in December 2025
Historically, December has often been a slower month for coin production. Even so, the most recent December total of 279.2 million coins is solid — especially in the context of past monthly totals and considering that cents are no longer being produced for circulation.
Here’s how the month’s output compared with other months over the past year:
December 2024 to December 2025 Circulating Coin Production
| Month | Mintages* | Rank |
|---|---|---|
| December 2025 | 279.20 M | 9 |
| November 2025 | 130.28 M | 13 |
| October 2025 | 367.36 M | 8 |
| September 2025 | 239.82 M | 10 |
| August 2025 | 193.00 M | 12 |
| July 2025 | 414.12 M | 6 |
| June 2025 | 204.42 M | 11 |
| May 2025 | 657.95 M | 2 |
| April 2025 | 577.64 M | 5 |
| March 2025 | 669.02 M | 1 |
| February 2025 | 580.91 M | 4 |
| January 2025 | 633.56 M | 3 |
| December 2024 | 391.70 M | 7 |
*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.
Month-Over-Month
December’s month-over-month data showed gains across all circulating denominations.
- Jefferson nickels up 5.4%
- Roosevelt dimes up 587.5%
- Quarters up 176.2%
- Half dollars up 34.8%
Figures for Two 2026 Semiquincentennial Quarters
Standouts in the December figures included the production of 2026-dated coins. The Mint previously announced that it began shipping 2026 Semiquincentennial circulating coins to the Federal Reserve on Jan. 5. This year’s circulating coinage includes a dual date of 1776–2026 on the nickel and one-year-only designs for the dime, quarters, and half dollar.
This year’s quarters will feature five paired designs recognizing the Mayflower Compact, the Revolutionary War, the Declaration of Independence, the U.S. Constitution, and the Gettysburg Address. December figures provide early mintage totals for the first two 2026 quarter designs. Those totals follow.
2026 Semiquincentennial Quarter Mintages
| Denver | Philadelphia | Total | |
|---|---|---|---|
| 2026 Mayflower Compact | 48,800,000 | 31,000,000 | 79,800,000 |
| 2026 Revolutionary War | 1,000,000 | – | 1,000,000 |
| 2026 Declaration of Independence | – | – | – |
| 2026 U.S. Constitution | – | – | – |
| 2026 Gettysburg Address | – | – | – |
The U.S. Mint is expected to begin selling rolls and bags of Mayflower Compact quarters to the public on Feb. 5. Rolls and bags featuring the Revolutionary War quarter are expected to follow on March 27.
This final table summarizes all circulating-quality coins produced in December:
U.S. Mint Circulating Coin Production in December 2025
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 0 | 0 | 0 |
| Jefferson Nickel | 48,000,000 | 36,000,000 | 84,000,000 |
| Roosevelt Dime | 50,000,000 | 60,000,000 | 110,000,000 |
| Quarters | 49,000,000 | 30,000,000 | 79,000,000 |
| Kennedy Half-Dollar | 6,200,000 | 0 | 6,200,000 |
| Native American $1 Coin | 0 | 0 | 0 |
| Total | 153,200,000 | 126,000,000 | 279,200,000 |
