US Mint Circulating Coin Production August 2013

quarterUpdated circulating coin production figures are now available from the United States Mint. The latest monthly total represents the lowest of the year, however it still remains above the level from the year ago period.

For the month of August 2013, the US Mint struck 724.91 million circulating coins at the Philadelphia and Denver Mint facilities. This was down rather sharply from the previous month when production had reached 1.23 billion coins. However, it does represent an increase of 10.59% from the year ago period of August 2012 when production had reached 655.50 million coins.

This is now the eighth consecutive month that circulating coin production has recorded an increase compared to the year ago period.

For the year to date, production has now reached 8.34 billion coins. The US Mint remains on pace to surpass the total annual production of 9.93 billion coins reached in the previous year.

A breakdown of circulating coin production by mint facility and denomination appears in the table below. The first number column represents the latest monthly production, while the second number column represents the year to date production.

2013 US Mint Coin Production Figures
Aug 2013 YTD 2013
Lincoln Cent – Denver 169.20 M 2,342.80 M
Lincoln Cent – Phil. 271.20 M 2,637.20 M
Jefferson Nickel – Denver 32.64 M 443.52 M
Jefferson Nickel – Phil. 39.36 M 417.60 M
Roosevelt Dime – Denver 49.50 M 716.00 M
Roosevelt Dime – Phil. 81.00 M 754.50 M
Quarters – Denver 41.80 M 538.80 M
Quarters – Phil. 40.20 M 419.00 M
Kennedy Half – Denver 0 1.80 M
Kennedy Half – Phil. 0 1.80 M
Native Am Dollar – Denver 0 1.82 M
Native Am Dollar – Phil. 0 1.82 M
Pres Dollar – Denver 0.01 M 14.01 M
Pres Dollar – Phil. 0 19.45 M
Total 724.91 M 8,310.12 M

As is typically the case, the cent accounted for more than half of overall production for the month. There were 440.4 million cents struck across the Philadelphia and Denver Mints.

The next highest produced denomination was the dime, followed by the quarter, and then the nickel. A minor number of Presidential Dollars were added, which may have just been an adjustment. There were no Kennedy Half Dollars or Native American Dollars produced during the month.

The US Mint has provided a preliminary mintage for the Fort McHenry National Monument and Historic Shrine Quarter. There were 151.4 million pieces struck at the Denver Mint and 120 million pieces struck at the Philadelphia Mint for an overall total of 271.4 million. This comes in a bit higher than the previous design and represents the highest overall total for any quarter design released so far this year.

All of the preliminary mintages provided by the US Mint for this year’s America the Beautiful Quarters and Presidential Dollars are shown below. As in the past, these figures should be considered preliminary as the Mint may restart production for any design during the current calendar year.

2013 US Mint Coin Production by Design
Denver Phil. Total
White Mountain Quarter 107.60 M 68.80 M 176.40 M
Perry’s Victory Quarter 131.60 M 107.80 M 239.40 M
Great Basin Quarter 141.40 M 122.40 M 263.80 M
Fort McHenry Quarter 151.40 M 120.00 M 271.40 M
McKinley Dollar 3.36 M 4.76 M 8.12 M
Roosevelt Dollar 3.92 M 5.31 M 9.23 M
Taft Dollar 3.36 M 4.76 M 8.12 M
Wilson Dollar 3.36 M 4.62 M 7.98 M

On a related note, the US Mint has scheduled the official launch ceremony for the 2013 Fort McHenry Quarter to take place at the site on September 13 at 10:00 AM ET. The ceremony occurs on the opening day of Star-Spangled Banner Weekend and will be attended by Treasurer of the United States Rosie Rios, as well as a Senator and three Congressmen. As with other launch ceremonies, attendees will have the opportunity to purchase rolls of the newly released coins at face value.

Full details for the event can be found here.

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Comments

  1. VARich says

    Off topic though touching on production, while it appears all WP ASE order will have been shipped by week’s end – I feel sorry for FS collectors, 10 coins in the next 90 days and missed opportunities to buy when gold was a low water mark.., talk about a bum steer! Wonder if the RPBuff production is impacting a schedule forecast for the coins…

  2. joe says

    The US Mint has done nothing right with the FS series. In fact, everything they have done almost appears to be a calculated effort to kill the series. Someone at the Mint should be fired over it. Oh yeah…the Mint is government operated; hence no repercussions for incompetence (more likely just promotions).

  3. VABEACHBUM says

    We live in a society where at least 40% of our daily sales transactions are completed electronically. What in the world are we doing with 5 BILLION 2013 pennies??

    @ Michael – I realize you prepare a very detailed report in December, but I was wondering if you have put together some preliminary numbers for Seignoirage profits and losses??

    Even with the Mint’s last restructuring of their manufacturing cost classifications and accounting methods, I have to believe that they are taking a bath within the “circulating coin” business line.

    Granted, they’ll cover most of these losses with the profits from the Numismatic Sales of the WP Sets and RP Buffalos, but still…

  4. says

    VABB,

    While you are correct the mint is almost still certainly losing money on the production of pennies and nickels, they seem to have been offsetting it with increased quarter production.

    Though I have to admit, I am beginning to get suspicious of how all these AtBs are being produced and yet none seem to be circulating anywhere. A friend, who frequently uses cash in his transactions, actively seeks AtB quarters and has found a total of $2.50 worth in AtB quarters since 2010. I am not much better off..

  5. joe says

    I recently went through a box a quarters purchased from my local bank and found roughly one roll of AtB quarters out of the 50 rolls. Most of the AtB quarters I found were recent releases such as PV and WM. What I’ve found to be even more rare (at least in my experience) are the territory quarters from a few years ago (DC, Puerto Rico, etc.). Tons of State quarters though…

  6. VARich says

    2013 United States Mint Annual Uncirculated Dollar Coin Set (XA5) posted to Upcoming Page –

    “This product will be available for one year from the initial on-sale date or until inventory is depleted prior to the one-year timeframe.” And….

    Mintage Limit: None
    Product Limit: None
    Household Order Limit: None

    So how many of these are historically produced, any guesses? Could we be more vague…. Thx

  7. Blair J Tobler says

    @ CO

    The Uncirculated Dollar Set first came out in 2007, and again in 2008, then was suspended for ’09, ’10 & ’11.

  8. VABEACHBUM says

    @ C.O. – Agreed on the ATB off-set, as well as the relative unavailability when compared to production.

    I’m another one of the dinosaurs using cash in most of my daily transactions, and I’m lucky if I see one ATB per week. When I do, it’s usually a 2010 or a 2011 coin. I’ve yet to receive a 2012 or 2013 in my change.

    If I had to guess, some one is building the ATB Annex to that brand new Dollar Coin Warehouse!!

  9. thePhelps says

    Well…I also use cash in most of my daily transactions. I got my 4th ATB yesterday – I have 1 2010 -1 2011 and 2 2012. Interestingly to me where I live we normally only see Denver coins and these are all Phillys…

    I have to ask why the mint is pressing so many pennies. Why press 3 billion of them when there can’t possibly be a reason for it, although most of my penny transactions are almost all new ones.

  10. Ray says

    @ann, you’re a genious. That’s where all the 2013 coins are! i wonder what this years production weighs. Might sit down and nerd out about it and see.

  11. gary says

    Received my 2013-P Fort McHenry today from the Mint. Real beautiful coin! I guess the Mint does not send these with signature required for delivery. It was just left in my mailbox!

  12. Brad says

    Gary,

    I don’t think a signature is required if the order is under $300. Did they send it via the slow as molasses “FedEx Smartpost”? Man, I hate that method!

  13. Jon in CT says

    Off topic. The White Mountain 5 oz silver AtB has gone on backorder for the second time. As of Sun, Sept 8, sales of that coin totaled 19,658 units with a stated maximum of 25,000. Does anyone thing the Mint will bang out another 5,000 units? Or is the current backorder status really a wait list because the Mint arbitrarily decided to produce a total of only 20,000 units?

  14. Tom P. says

    South of Boston I’ve been getting a lot of the Perry quarters lately. I’m not big on electronic payments but still only get an average of 1 ATB quarter per week except for the recent Perrys. 2009 and 2010 quarters are very tough to find.

    I also have no idea where the 3 billion pennies from this year alone are going. I see unofficial rounding going on more and more often. Cashiers giving me a nickel instead of 4 pennies, being looked at funny if I wait for a penny or 2, etc. I am seeing fewer and fewer copper pennies in circulation even compared to the beginning of the year.

  15. fmtransmitter says

    Everyone seems to be hoarding the copper pennies after that epsidode came out of the “old man” on Pawn Stars hoarding those 5 gallon buckets…IMO

  16. fmtransmitter says

    On a brighter note, even the the USPS gave my 2014 1 OZ Silver coin to another person, I was able to get the missing link for the sequential $2 star notes beginning with 3 zeros today. I think I got 7 of them, so times $20 would be a minimum of $140 for $14. Not bad, I was due up for a break. May bring more, I cannot find ANY with THREE zeroes, only two, and those have been selling in the $20 range and in not good shape. These are crisp near perfect.

  17. VARich says

    CO / Blair – thanks! Found the other tally –

    “Sales eventually reached about 90,000 sets in 2007 and just under 100,000 sets in 2008. For both years, these sets remained available for sale after the individual uncirculated Silver Eagles had sold out.” – MNB 9/6/12

    So wish the mint would release early and not let these offerings linger…, a ‘possible’ three more silver products to go for the year with 3 1/2 mos left (the 3rd being the ever soooooo elusive Teddie Special Set.., maybe I’ll find that if I go snipe hunting

  18. oldfolkie says

    Just a little note, I live in a small town in Wyoming, the middle of nowhere, and I get ATB quarters quite regularly in change, several a week at the minimum. Quite often you can tell everyone has new rolls and that is all I get.

    On another issue I have gotten all the mint issued ATB 5 oz coins and have consistently gotten great coins. Only with the Hot Springs coin did I get one with a slight dimple on the rim that was obviously a minting variety since others mentioned the same problem. I have received all my bullion from 2010 on from Apmex (often multiple copies) and all coins looked great except for a rough fingerprint smudge on a Hawaii Coin that I got rid of. Knock on wood.

  19. thePhelps says

    oldfolkie.. I get many from APMEX but haven’t tried them for the fresh from the mint stuff until the FMH… the others have been really nice – but on my FMH…poor George has a nasty hickie on his neck.

    I actually really like the Fort side of the coin. I think the fireworks really needs the back round to be something other than the frosted fields… this coin begs for a proof like mirror with a frosted fireworks display on it.

  20. VARich says

    I’ll second that, thePhelps! Just like the proof quarter.., talk about spectacular!

    Oldfolkie – thanks for giving me another reason to leave behind the rat race, load up the wagon and head West! Seriously!

    Here’s some humor for the week – (from Mint World regarding WP Sales order delays)

    Jurkowsky [Dir. of PR] said U.S. Mint officials alerted customers at the time of purchase to expect possible delays in shipping by posting the anticipated dates the numismatic product would be shipped from its contracted order fulfillment center in Plainfield, Ind., and updating those dates.

    Well, they were proactive to say the least! As I recollect, in one 24 hour period my ship date changed 4 times across 3 different months.., and then all just shifted to July.., I’m SURE they were shipped then… I’m just glad the last of the litter found its way home…, the little bugger actually just arrived today. :S

  21. Tim says

    @the Phelps

    Totally agree about your take on the FMH fireworks. When I first saw the design awhile back I figured a DMP

  22. VARich says

    I got alerted by HR to shut my door when I checked my ship dates –

    Those fractional AGE’s are taking a beating!

  23. Tim says

    OT sorry,
    I read an article earlier this evening about OGP proof sets from the 30′s and 40′s being on the Bay, talk about SWEET, those things are gorgeous. One is a 42 set with the P in a way I have never seen before (in proof) and pirate treasure found off Cape Cod.

  24. MarkInFlorida says

    Since the series started I’ve gotten about 10 AtB quarters in change and I use cash a lot. Today I put my loose quarters in a roll to take to the bank and there was a Perry and a Denali.

    The lady at the bank said a guy came in and cashed in about 2 rolls of dimes and a hand full of halves, all silver! Some people have no idea. She of course bought them from her drawer. I said I’d pay her the dealer’s buy price and she said she’d sell.

    The more I read the zero hedge site the more I want to stash all the silver and gold I can afford. I can’t imagine a real financial collapse, but then 100 years ago the Germans didn’t expect to be paying a billion marks for a stamp or a trillion for a loaf of bread.

  25. Tom P. says

    Mark, I don’t know how old you are but back in the early 60′s the money in your pocket was actually worth something. Maybe not face value but it wasn’t that far off. Some paper money was redeemable for silver coins.

    Today the only coins in your pocket worth anything are nickels and pennies made pre 1982. Paper money is redeemable for other paper money.

    On the negative side, people have been saying a collapse is “imminent” since 1970 or so. Believe it or not, the collapse is still “imminent” today.

    You have to view silver and gold (copper and nickel) as commodities. Their value will never go to zero. Paper is always paper. It’s only worth what you think it’s worth.

    I get a kick out of people leaving behind silver coins because some vending machines won’t take them. Your average non-collector thinks bicentenial coins are valuable. Even if you tell some of them “that coin is made of silver”, I still get a blank stare.

  26. MarkInFlorida says

    I did live through the 60s, Tom. My grandmother gave me some rolls of the new 1964 JFK halves and I traded some of them with a collector in England who sent me the recently-obsolete half-doller sized pennies in trade. I still have the 1300 British pennies but they are worth a fraction of what those silver halves would be worth. Live and learn!

  27. joe says

    Well…I finally received the WP set I ordered back in May. Fortunately, both coins were in great condition. Glad I didn’t follow through on canceling the order like I was tempted to do. Beautiful set…

  28. MarkInFlorida says

    My last day WP set finally says “In stock and reserved” with no cancel box. It had previously said “backordered to 7/19″ for weeks.

  29. says

    Come to Hawaii if you want AtB quarters. The 2010s except Yosemite and 2011s are a little hard to come by, but we seem to be flooded with 2012s and 2013s. I get at least one Denali, Chaco, or Volcano when I pay in cash, and they all look fresh from the mint. There’s a couple of Perrys in my pocket after buying a Subway for lunch today.
    On a different topic, my two RP buffalos arrived from the mint this morning. One looks okay, but the other must be a dealer reject. I won’t return it to the mint’s distribution center, as the box will arrive empty, even if sent registered/insured. Don’t know if the theft occurs here or on route.

  30. fmtransmitter says

    Both Barry, I am sorry to say. Notice the ads on TV lately about the USPS. They are going down fast and the disgruntled workers know it. They are doing their best to cash in on what they can.I consider myself lucky to only have had about 5 ounces of silver missing so far. I did ship a box of coins to my Mother’s and I made sure I got the bright pink sticker. That seems to alert the carriers the best that they better make sure the package arrives. I insured it for ten grand, the guy at the PO asked if I can verify that, I said yep! They dig and want to know what you are mailing/receiving, it pisses me off due to privacy issues. I guess privacy is a thing of the past in this modern tech world. Miss the good ol days. Happy Days and Laverne ans Shirley were on, brought back good memories.

  31. thePhelps says

    Order number: 41747XXX
    Order Date: 06/06/2013 at 12:21 AM
    2013 AM EAGLE SILVER 2-COIN SET (WP) 2 $139.95 $279.90 In stock and reserved

    @MarkinFlorida – I checked on my last day order as well!

  32. merryxmasmrscrooge says

    Bought a shield nickel from a bucket in a coin shop abt. 10 yrs ago for $5. The coin graded abt VG to F and I thought the date was messed up, that’s why it was cheap. Turned out to be an 1883 over 2 worth a couple hundred dollars. You never know what you mighr find!

  33. charles says

    The ONLY way the USPS will honor insurance on coins or bullion is if you send it by “registered mail”. Insurance on First Class or Priority Mail will not cover coins or bullion.

  34. Ikaika says

    @ Charles

    You are absolutely correct. I learned the hard way. Spent 6 months fighting with USPS because of stolen package. Sent priority fully insured. Had the tracking and was accepted but was stolen on its way to sorting facility. USPS sent me a check for less than the postage.

  35. Danno says

    I started attending college in northeast Pennsylvania and have been flooded with ATB quarters. I stopped counting but have come across over 50 in three weeks. A lot of that comes from checking out vending machines and people letting me look through their laundry money. Of course, almost everything is P. I’ve gotten every quarter in P except Hot Springs, the first three of 2012, and FMH. The only P I’ve actually gotten I needed is a Hawaii Volcanoes (the only others I need are Chaco Culture, Hawaii Volcanoes, and both FMH).

    I have been lucky to get a few D which I thought I’d never see here (we’re only 130 miles from the P mint). There was Yellowstone in the dorm candy box, a kid gave me a Glacier, and I got two El Yunque from two different kids, finishing all of those. There’s also some territories but not as many as you might think. I’ve only found American Samoa, DC, and Virgin Islands.

    I think the reason there are so many here is not only because of how close them mint is but also because it is a college, with kids from all over, and big cities nearby (New York is only 130 miles east of here).

    The one other interesting thing is that most quarters have been Great Basin. I’ve gotten 14 of them so far, though I already got mine somewhere else in July. I’ve also must have gotten about 10 White Mountain. With this, there will probably be a flood of FHM at the college in the next two months. Still have only gotten one D so far for 2012.

  36. GMS says

    @fmtransmitter: Obviously the WP sets that are not First Strike are bringing less regardless what ones personal opinion is of labels and I certainly don’t want to start another label debate. But it will be interesting to see what the RP Buffalo’s that are not First Strike bring, they should appear in a month or so since everyone’s date for shipping has been pushed well past the PCGS cutoff date.

  37. Mystoboy says

    Collectible coins are insurable and do not have to be sent registered. From the postal manual:

    DMM TOC > 600 Basic Standards for All Mailing Services

    4.1 Payable Claim
    Insurance for loss or damage to insured, registered, or COD mail within the amount covered by the fee paid or within the indemnity limits for Express Mail as explained in 4.2 is payable for the following:

    g. Fair market value of stamps and coins of philatelic or numismatic value, as determined by a recognized stamp or coin dealer or current coin and stamp collectors newsletters and trade papers.

  38. Ray says

    Thx for the info about USPS shipping and insurance. I shipped 7 coins to NGC on Monday ans now I’m concerned. I sent via Prioirty with insurance. I’ll know better for next time. I just hope that package does not get lost.

  39. high low silver says

    Ray: If your tracking has not updated you sent it registered with a declaired value, I always use Insured and it gets to reciever in 2 days.Yours might be in lala land for a week….don’t ask.

  40. Ikaika says

    @Mystoboy

    But if your coins contain any PM, the USPS considered them bullions. As mentioned, I fought six months to claim the insurance. After receiving the first decision letter, I appealed. They sent me a check for part of the postage and said “be happy”. If not, go to DC to complain. The USPS inspector contacted me but was not much help either. He wasn’t willing to do jack. He kept saying its impossible to catch these employees that are stealing the packages. This made me realize even more: “Hey, you are dealing with the federal gov. Who cares?”

  41. GMS says

    Well what do you know, two conflicting story’s on the blog again! Looks like Michael is going to have to get a fact checker so people don’t cause a panic on here disseminating false information.

  42. VARich says

    @ Ray – I’m contemplating doing the same for the first time. I’ve read that $30 is a good estimate to expect to have a coin graded by NGC (that includes S&H).., does that sounds about right? Thanks

  43. MarkInFlorida says

    Check the rates before shipping. Sometimes Express or registered mail are cheaper than Priority with insurance because Express mail has less time in the system to get stolen, and registered travels in a locked case and everyone opening it has to sign for it.

  44. MarkInFlorida says

    I just checked one pound insured for $5000. It costs about $40 by express mail (overnight) and $65 for priority mail (2-3 days)!

    The reason is the insurance is only $16 versus $59!

    I wish they’d crack down on those PO felons and lock them up forever.

  45. Jack in N.E says

    I noticed that the 2013 Uncirculated Dollar Set originally up for sale on 9/24/13 has again been moved back to TBD section,.whats up with that ?

  46. Darek says

    Express mail will always be more expensive than priority mail if it is same weight and insurance for both packages. Every time I returning gold coins to the US Mint they telling me they going to check if express is less expensive and for last four years priority was cheaper. Last time I return A Buffalo and 2 First Spouse coins and express would cost me about 20$ more.

  47. Ray says

    @VARich, I had a voucher for 5 free graded coins, and i took advantage of the 5oz AtB $20 special. If you consider shipping via usps registered mail and return shipping, $30/coin may be about right. I sent in 5 eagles + 2 atbs. shipping cost me $21 and that wasn’t via registered mail. Combining return shipping is a puzzle to me. On NGCs fatFAQ section, they say they will, but I’ve read in several places online that it’s rare for them to combine return shipping and that I should expect to pay 2 return shipping charges. We’ll see. I dont have any charges form them yet. Heres a breakdown:
    $21 to ship 7 coins to them
    $8/invoice processing fee (2 invoices)
    $8/invoice processing fee (2 invoices)
    $21 return shipping for the 2 AtBs (This may even be wrong since these are 5oz coins)
    $28 for return shipping for the 5 eagles
    $40 2x$20 Modern Special for AtBs (This is a $40 discount)
    $14*5/$20*5/$30*5 (Modern/Modern Special/Early Bird) 5 Coins

    5 eagles and 2 AtBs without discounts cost:
    $236 for Modern
    $266 for Modern Special
    $316 for Early Bird

    They really need to make this whole process easier for anyone to submit. Too many hoops imo. This is an experiment for me. I’m not expecting all 69/70s. Should be interesting what I get back. The AtBs had edge ding on each, and the 2012 silver eagle had some coloration issues around the rim from being out of the capsule for 2 months

  48. VARich says

    Ray – Wow! This is awesome! I obviously have a lot of reading to do over the weekend – really appreciate the time you put into this as I certainly know it will help me make heads or tells out of their instructions. Hopefully I can return the favor soon.., thanks again and good luck that they all come out on the high end for ya! Rich

  49. says

    Ray, VARich…here is another example of NGC grading costs.

    I sent 8 West Point 2 coin sets.
    16 coins x $20 for Early Release Label = 320 (it’s $14 for regular Brown Label)
    Handling fee $8
    Return of Capsules $3
    Return shipping from NGC via “Registered Mail” (and you don’t have a choice)
    $38
    My cost of shipping coins to NGC…$21.25
    Add it all up and total cost for 16 coins is $390.25…or divided by 16.. $24.39 per coin.

  50. VARich says

    Good stuff Steve – thanks!

    FM – they keep coming down.., how low will they go???

    Annual Unc Dollar set had it’s priced pulled as well…, wonder what’s up with that.., it was $44.., bet it doesn’t come back at that $

  51. Ray says

    @VARich, that is weird. I saw it too. I hope that doesnt mean a price increase. I was pretty sure we good.

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