The latest updated figures show that the United States Mint struck more than 13 billion circulating coins in 2014. This now represents the fifth consecutive year of growth after circulating coin production bottomed in 2009.
For the month of December, production totaled 878.76 million pieces and was confined to just three denominations. The monthly total was up sharply compared to the year ago period of December 2013 when production was only 285.96 million pieces.
The table below includes the latest production figures broken down by denomination and mint facility for the latest month and the full year.
|2014 US Mint Coin Production Figures|
|Dec 2014||Full Year 2014|
|Lincoln Cent – Denver||323.20 M||4,155.60 M|
|Lincoln Cent – Phil.||313.20 M||3,990.80 M|
|Jefferson Nickel – Denver||0||570.72 M|
|Jefferson Nickel – Phil.||43.36 M||635.52 M|
|Roosevelt Dime – Denver||96.50 M||1,177.00 M|
|Roosevelt Dime – Phil.||102.50 M||1125.50 M|
|Quarters – Denver||0||862.80 M|
|Quarters – Phil.||0||717.40 M|
|Kennedy Half – Denver||0||2.10 M|
|Kennedy Half – Phil.||0||2.50 M|
|Native Am Dollar – Denver||0||5.60 M|
|Native Am Dollar – Phil.||0||3.08 M|
|Pres Dollar – Denver||0||15.26 M|
|Pres Dollar – Phil.||0||19.88 M|
|Total||878.76 M||13,283.76 M|
As mentioned, production for the month was limited to three denominations, cents, nickels, and dimes. The cent accounted for 72.4% of all production with 636.40 million pieces struck. This was followed by the dime with production of 199 million pieces and the nickel at 43.36 million.
Full year production for 2014 reached 13.28 billion pieces. This was up by 11.5% compared to the full year total for 2013 of 11.91 billion pieces. Looking further back full year circulating production levels reached 9.34 billion in 2012, 8.20 billion in 2011, 6.37 billion in 2010, and 3.55 billion in 2009.
The following table takes a look at the 2014 circulating coin production totals by denomination compared to the prior year.
|2014 vs 2013 US Mint Circulating Coin Production|
|Full Year 2014||Full Year 2013||Change|
|Cents||8,146.40 M||7,070.00 M||15.22%|
|Nickels||1,206.24 M||1,223.04 M||-1.37%|
|Dimes||2,302.50 M||2,112.00 M||9.01%|
|Quarters||1,580.20 M||1,455.20 M||8.59%|
|Half Dollars||4.60 M||9.60 M||-52.08%|
|Native Am Dollars||8.68 M||3.64 M||138.46%|
|Pres Dollars||35.14 M||33.46 M||5.02%|
|Total||13,283.76 M||11,906.94 M||11.56%|
As can be seen, there was growth in production for the cent, dime, and quarter, with a small decline in production for the nickel.
There were larger swings in production for the half dollar and Native American Dollar. In late 2013, the US Mint struck an extra production run of 6 million half dollars in response to an order from the Federal Reserve, which was subsequently canceled. This resulted in the unusually high half dollar production in 2013. For an unknown reason, Native American Dollar production was unusually low in 2013 and rebounded to normal levels in 2014.
Overall Presidential Dollar production was up modestly from the prior year. Production levels may see some larger moves upwards in the coming years as the recent Presidents are honored.
The final table below shows production totals by design for the 2014 America the Beautiful Quarters and 2014 Presidential Dollars. There have been no changes or additions to these figures since last month.
|2014 US Mint Coin Production by Design|
|Great Smoky Mountains||99.40 M||73.20 M||172.60 M|
|Shenandoah||197.80 M||112.80 M||310.60 M|
|Arches||251.40 M||214.20 M||465.60 M|
|Great Sand Dunes||171.80 M||159.60 M||331.40 M|
|Everglades||142.40 M||157.60 M||300.00 M|
|Warren G. Harding||3.78 M||6.16 M||9.94 M|
|Calvin Coolidge||3.78 M||4.48 M||8.26 M|
|Herbert Hoover||3.78 M||4.48 M||8.26 M|
|Franklin D. Roosevelt||3.92 M||4.76 M||8.68 M|