The United States Mint has provided updated circulating coin production figures, covering the month of February 2012. Total production figures have also been indicated for the Chester Arthur Presidential Dollar and the El Yunque National Forest Quarter.
For the month of February 2012, circulating coin production reached 579.86 million. This is a decline from the previous month when 802.50 million coins were struck, but a rise from the year ago period which saw 534.14 million coins struck.
Cents, nickels, and dimes accounted for more than 90% of production for the current month. Production figures by denomination and mint facility are shown below. The first number column represents the total for the month, while the second column represents the year to date total.
|2012 US Mint Coin Production Figures|
|Feb 2012||YTD 2012|
|Lincoln Cent – Denver||113.20 M||275.60 M|
|Lincoln Cent – Phil.||235.20 M||541.20 M|
|Jefferson Nickel – Denver||20.64 M||61.68 M|
|Jefferson Nickel – Phil.||55.20 M||97.44 M|
|Roosevelt Dime – Denver||50.50 M||134.50 M|
|Roosevelt Dime – Phil.||52.50 M||162.50 M|
|Quarters – Denver||21.80 M||46.80 M|
|Quarters – Phil.||22.00 M||47.80 M|
|Kennedy Half – Denver||0||1.70 M|
|Kennedy Half – Phil.||0||1.80 M|
|Native Am Dollar – Denver||1.96 M||2.80 M|
|Native Am Dollar – Phil.||2.80 M||2.80 M|
|Pres Dollar – Denver||1.96 M||2.80 M|
|Pres Dollar – Phil.||2.10 M||2.94 M|
|Total||579.86 M||1,382.36 M|
In addition to the overall numbers, the Mint also provided production totals by design for the first 2012-dated America the Beautiful Quarter and Presidential Dollar. The US Mint has typically provided these totals once the production for a specific design has been concluded. They have specifically reserved the right to re-start production for quarter designs during the same calendar year. I am trying to obtain confirmation whether the same is true for Presidential Dollars. In the past, once production of Presidential Dollars had concluded, it was not subsequently re-started.
For the 2012 El Yunque National Forest Quarter, production was indicated as 25 million at Denver and 25.8 million at Philadelphia, for an overall total of 50.8 million. This represents yet another new mintage low for the series. Previously, the Olympic National Park Quarter had the lowest mintage at a combined 61 million. Here’s a table of mintages for each release of the series so far.
The low production for the latest quarter design is very surprising. Near the end of last year, the US Mint seemed to be increasing production of quarters. The total for the Chickasaw Quarter was more than double the previous release, but rather than the signal of a new trend, this might have just been an anomaly. We might be looking at a third year of extremely low production totals for the America the Beautiful Quarters.
For the Chester Arthur Dollar, production was indicated as 2.80 million at Denver and 2.94 million at Philadelphia, for an overall total of 5.74 million. This is a huge decline from the previous release featuring James Garfield, which had production of 74.2 million.
In December, the Treasury Department announced the suspension of production of Presidential Dollars for circulation. Only a limited number would continue to be produced to satisfy demand from collectors. The US Mint’s production of 5.74 million Chester Arthur Dollars is likely based on the projected demand from collectors.
Curiously, there is still no release date provided for the start of sales for the Chester Arthur Dollar rolls or other 2012 Presidential Dollar products.