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US Mint produced 1.1 billion coins for circulation in November

Circulation 2021 quarters

The amount of U.S. coins produced for circulation exceeded a billion for the tenth consecutive month in November, but the monthly pace was the slowest since January, according to the latest manufacturing figures published by the United States Mint.

Just over 1.1 billion coins came into circulation last month, a 9% decrease from October and 5.2% from November last year. This is how the month compares to others in the past year:

November 2020 to November 2021 circulation coin production

month Imprints rank
November 2021 1,104.7 million 11th
October 2021 1,213.86 M. 5
September 2021 1,169.28 million 7th
August 2021 1,187.32 million 6th
July 2021 1,505.24 million 1
June 2021 1,348.60 M. 3
May 2021 1,473.06 million 2
April 2021 1,320.28 million 4th
March 2021 1,134.84 million 10
February 2021 1,163.40 million 9
January 2021 919.52 M. 12th
December 2020 903.50 M. 13th
November 2020 1,165.10 million 8th

The Federal Reserve orders more 1-cent coins from the US Mint than any other denomination, although available data shows that each costs 1.76 cents to manufacture and distribute. The Mint made 666 million Lincoln cents last month, which is 60.3% of the circulating grade coins produced.

month for month

Monthly comparisons for coins used daily by Americans showed a production total in November:

  • 4.7% less Lincoln cents,
  • 39.2% more Jefferson nickel,
  • 28.3% fewer Roosevelt grams and
  • 20.8% fewer quarters.

Native American $ 1 coins and Kennedy half dollars are no longer ordered from the Federal Reserve Banks, but they are still made circulating grade for coin collectors. Often in January, the US Mint mints both coins in the expected amount needed for the whole year.

That was not the case in the halves of 2021. Coin data shows none were made by February and then only 1.6 million from Denver. Philadelphia finally showed up in March at 1.9 million. In April, amounts were advanced for both facilities by 5.2 million from Denver and 2.9 million from Philadelphia. In May production increased by 900,000 from Denver and 300,000 from Philadelphia. Eventually, the Philadelphia Mint produced another 300,000 in August.

Together, the months add up to 13.1 million halves – the most for a year since 2001. Last year’s half dollar ended with 3.4 million from Denver and 2.3 million from Philadelphia, making a total of 5.7 million halves.

The published coins of 2021 Native American dollars have remained unchanged since January, with equal divisions of 1.26 million from Denver and 1.26 million from Philadelphia for a combined 2.52 million coins. In contrast, the 2020 dollar was 1.26 million for Denver and 1.4 million for Philadelphia for 2.66 million coins.

The US Mint began selling rolls and bags of 2021 Indian dollars on February 16. Kennedy Half-Dollar Rolls and Bags debuted on May 11th 2021.

Here is a summary of all circulation grade coins produced in the past month:

US Mint circulation coin production in November 2021

Denomination Denver Philadelphia total
Lincoln cents 340,000,000 326,000,000 666,000,000
Jefferson Nickels 58,560,000 53,040,000 111,600,000
Roosevelt Dimes 77,000,000 90,500,000 167,500,000
quarter 97,400,000 62,200,000 159,600,000
Kennedy half dollars 0 0 0
Native American $ 1s 0 0 0
total 572,960,000 531,740,000 1,104,700,000

The US mints in Denver and Philadelphia produce all American coins for trade. Last month the Denver Mint produced 572.96 million coins and the Philadelphia Mint 531.74 million coins for the combined 1,104,700,000 coins.

YTD totals

Year to date, the Denver Mint has minted 6,955,740,000 coins and the Philadelphia Mint has minted 6,584,360,000 coins for a total of 13,540,100,000 coins, 2.4% less than the 13,870,880,000 coins minted in the same period in 2020 .

The next table lists the total coin production for 2021 by denomination and by US coin system:

YTD 2021 circulation coin production by denomination

1 5 10 25th 50 Not applicable 1 Total:
Denver 3667.2M 770.88M 1411.5M 1,097.2 million 7.7 million 1.26M 6955.74M
Philadelphia 3,637.6 million 731.5M 1277M 931.6M 5.4 M. 1.26M 6584.36M
total 7304.8M 1502.38M 2688.5M 2028.8M 13.1 million 2.52M 13540.1M

If the current pace of production extended to the end of December, the annual minting for 2021, based on a monthly average of 1.2 billion coins, would exceed 14.7 billion coins. The US Mint produced over 14.77 billion coins for circulation in 2020.

Embossings from Unique Design

In addition to the Native American dollar, the US Mint (on February 8) released another coin with only a one-year design – the Tuskegee Airmen Quarter 2021 for Alabama. Its coinage remained unchanged in October.

This final table provides a breakdown of this year’s coins reported by Coin Design:

2021 Circulation coin production according to design

Denver Philadelphia total
Lincoln cents 3,667,200,000 3,637,600,000 7,304,800,000
Jefferson Nickel 770,880,000 731,500,000 1,502,380,000
Roosevelt dime 1,411,500,000 1,277,000,000 2,688,500,000
Tuskegee Airmen National Historic Site Quarter, Alabama 304,000,000 160,400,000 464,400,000
George Washington crossing the Delaware Quarter not reported not reported not reported
Kennedy half dollars 7,700,000 5,400,000 13,100,000
1 dollar Native American coin 1,260,000 1,260,000 2,520,000
total 6,162,540,000 5,813,160,000 11,975,700,000

There are 1,564,400,000 in quarters that the US Mint has yet to officially assign to a design. This is the 2021 George Washington Crossing the Delaware Quarters. With the first 2022 American Women Quarters coming out soon, not too many, if any, will be created.

Article Source : https://www.coinnews.net/2021/12/27/u-s-mint-produces-1-1-billion-coins-for-circulation-in-november/

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