The United States Mint produced nearly 1.17 billion coins in September
The pace of production of US coins for circulation slowed for the third consecutive month in September, but quantities exceeded 1 billion for the eighth consecutive month, according to the latest manufacturing figures released by the United States Mint.
Almost 1.17 billion coins – broken down into cents, nickels, dimes and quarters – were minted last month, a decrease of 1.5% from August and 17.8% from September 2020.
This is how the month compares to others in the past year:
September 2020 to September 2021 circulation coin production
|September 2021||1,169.28 million||8th|
|August 2021||1,187.32 million||7th|
|July 2021||1,505.24 million||1|
|June 2021||1,348.60 M.||5|
|May 2021||1,473.06 million||2|
|April 2021||1,320.28 million||6th|
|March 2021||1,134.84 million||11|
|February 2021||1,163.40 million||10|
|January 2021||919.52 M.||12th|
|December 2020||903.50 M.||13|
|November 2020||1,165.10 million||9|
|October 2020||1,404.69 million||4th|
|September 2020||1,422.59 million||3|
The Federal Reserve orders more 1-cent coins from the US Mint than any other denomination, although data shows that it costs 1.76 cents each to manufacture and distribute. The Mint made 605.6 million Lincoln cents last month, which is 51.8% of the circulating grade coins produced.
month for month
In monthly comparisons for coins used daily by Americans, September production totals saw:
- 19.6% less Lincoln cents,
- 14% more Jefferson nickel,
- 31.8% more Roosevelt groschen and
- 41.2% more quarters.
Native American $ 1 coins and Kennedy half dollars are no longer ordered from the Federal Reserve Banks, but they are still made in circulation grade for coin collectors. Often in January, the US Mint mints both coins at the expected amounts needed for the entire 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 by 5.2 million from Denver and 2.9 million from Philadelphia for both facilities. 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 parts 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 September 2021
|Kennedy half dollars||0||0||0|
|Native American $ 1s||0||0||0|
The US mints in Denver and Philadelphia produce all American coins for trade. Last month, the Denver Mint produced 661.4 million coins and the Philadelphia Mint produced 507.88 million coins for the combined 1,169,280,000 coins.
So far this year, the Denver Mint has minted 5,788,020,000 coins and the Philadelphia Mint has minted 5,433,520,000 coins for a total of 11,211,540,000 coins, 0.8% less than the 11,301,070,000 coins minted in the same period in 2020 .
The following 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:|
|total||5940M||1310.62M||2287.5M||1,667.8 million||13.1 million||2.52M||11211.54M|
If the current production rate extended to December, the annual minting for 2021 would exceed 14.9 billion coins. The US Mint produced over 14.77 billion coins for circulation in 2020.
Embossing from Unique Design
In addition to the Native American dollar, the US Mint (on February 8) released another coin with a design only for a year – the 2021 Tuskegee Airmen District for Alabama. Its coinage remained unchanged in August.
This last table provides a breakdown of this year’s coins reported by Coin Design:
2021 Circulation coin production according to design
|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|
There are 1,203,400,000 in quarters that the US Mint has yet to officially assign to a design. This is George Washington Crossing the Delaware Quarters in 2021. Hundreds of millions more will be made by the time the first American Women Quarters are released in 2022.
Article Source : https://www.coinnews.net/2021/10/15/u-s-mint-produces-nearly-1-17-billion-coins-for-circulation-in-september/