July 2016 U.S. Mint Circulating Coin Production

2016-penny-uncirculated-obverse-pTINYThe U.S. Mint’s circulating coin production rose in July, with 1.8 billion coins produced to follow up on last month’s 1.58 billion-coin total.

Overall production increased by 14% compared to June, and rose by 8% in relation to July of 2015. This year’s circulating coin total stands at more than 10.1 billion coins, 5% less than had been struck by this time last year.

The chart below details production numbers for the coins, broken down by denomination and mint facility. The first numerical column lists figures for the month of July, while the “2016 Total” represents the cumulative number for the year.

2016 US Mint Coin Production Figures

July 2016 Total
Lincoln Cent – Denver 440.00 M 2797.60 M
Lincoln Cent – Phil. 488.00 M 2984.00 M
Jefferson Nickel – Denver 70.32 M 476.64 M
Jefferson Nickel – Phil. 70.08 M 477.36 M
Roosevelt Dime – Denver 198.00 M 896.00 M
Roosevelt Dime – Phil. 200.00 M 954.00 M
Quarters – Denver 179.60 M 774.60 M
Quarters – Phil. 161.20 M 769.60 M
Kennedy Half – Denver 0 2.10 M
Kennedy Half – Phil. 0 2.10 M
Native Am Dollar – Denver 0 2.10 M
Native Am Dollar – Phil. 0 2.80 M
Pres Dollar – Denver 0 14.84 M
Pres Dollar – Phil. 0 16.94 M
Total 1807.20 M 10170.68 M

The Lincoln cent saw 928 million pieces struck last month, constituting 51.3% of all coins produced during this period. Roosevelt dimes had the second-highest mintage at 398 million coins, followed by America the Beautiful quarters with 340 million and Jefferson nickels with 140 million.

The table below presents cumulative 2016 production numbers for America the Beautiful quarters and Presidential dollars, differentiated by design. Production on the Harpers Ferry ATB quarter is ongoing, so the Mint has yet to share mintage information for that issue. None of the issues listed registered any changes during this period.

2016 US Mint Coin Production by Design
Denver Phil. Total
Shawnee 151.80 M 155.60 M 307.40 M
Cumberland Gap 223.20 M 215.40 M 438.60 M
Nixon 4.34 M 5.46 M 9.80 M
Ford 5.04 M 5.46 M 10.50 M
Reagan 5.46 M 6.02 M 11.48 M

While production figures for individual ATB quarters are not posted until after the Mint has finished making each design, numbers for Presidential $1 coins are not to be considered final until the end of the year. In all likelihood, however, the majority of 2016’s Presidential dollars have already been struck and future adjustments will be minimal.

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Comments

  1. mattarch says

    Thanks for the update Dan. Is there anyway to determine if the Mint is still producing 4 million Silver Eagles a month, while demand has dropped to 1 million per month? What happens if they produce significantly more in 2016 than the demand.

  2. Barry says

    Cent and nickel coins may eventually be hoarded as money creation / printing occurs with no end in sight.. The old copper cents are pretty much gone from circulation and eventually zinc cents and nickels will be, The mint may take action at that point but, who knows.
    I may buy two of the silver Liberty medals from the mint even if later they are cheaper. Then at least I have a couple that I know weren’t picked over. If the price falls later I could always get more if I wanted.

  3. Sith says

    From previous thread;

    @MarkInFlorida

    Why do people think you have to be able to melt pennies and nickels to make them worth more? – How else do you propose we get the medal content out of them?

    We buy and sell 90% silver coins at 15 times, or 20 times face. – Yes we do, because they can be melted down to their base medal.

    We could buy and sell copper pennies and nickels at a multiple of face. – We do that now, it’s called coin collecting 🙂

  4. So Krates says

    Great post Goldfishin. Agree with your moral/constitutional argument but the horse is already out of the barn. Rescuing the cent is as futile as trying to revive the half cent.

    There is an active wheat back cents market which trades in a 2-5x face value range. A few months ago I bought some at 3 cents and sold them for 4.5 cents each. Made $15 on 1000 coins, lol. Would have been a waste of time but I found a 1922-D and a few 09 VDBs.

    I haven’t checked in a while but I believe there is also an eBay market for pre-1982 copper cents.

    Similar to 90% junk silver, these pennies don’t get melted but trade as coins based on commodity prices.

    .

  5. Dustyroads says

    In 2005 the copper craze was in full swing. By 2007 a law was in effect that protected the cent from being melted. At the moment, copper is too low in price to make any money trying to deal it out on ebay. I now have about $400.00 face value in copper cents that I sorted by hand. I can tell you that in my location I will find approximately 15% copper every time I look through a $25.00 box. It’s always fun finding uncirculated looking shinny wheat pennies, and they do show up more often than you may think. The key to enjoying sorting copper cents is not paying anything extra doing it.

  6. Jerry Diekmann says

    I can see saving copper cents – they actually tone to a nice chocolate brown in many cases. Not so for the zinc cents. They are trash when they are new, they stay shiny for maybe a day and then start tarnishing and corroding. I can’t see any post 1981 cents ever being worth more than face value to anyone. I put them in the same category as the BTW & W/c half dollars of the 1940s & 1950s – just plain UGLY. You would have thought that the Mint would have looked at coins made from zinc, like Axis countries during WW II and would have concluded that zinc makes a terrible coin. The USA tried zinc plated steel cents in 1943 but that was just a one-year experiment, with a healthy dose of propaganda for the public. No one liked the steel cents – when new people confused them with dimes – that’s before the zinc turned blue and the steel started rusting.

  7. says

    With the increased production cost associated with the edge lettered ASE’s and the recents run up in silver prices, I wouldn’t be surprised to see a price increase in the Proof ASE…

    say to $54.95’ish, maybe

  8. cagcrisp says

    I would Not be surprised if there was a price Increase on the P puck between now and T Roosevelt…

  9. says

    The enrollment price for the ASE proof is $48.95

    – that’s been listed as such for most of the year,

    – the Federal Register announcement will official set or reset the price

  10. MT says

    Correct.
    “Enrollment Pricing. Listed pricing is for the product currently being included and may change during the course of your enrollment.”

  11. Dustyroads says

    For those curious about the 1982 cent composition. The Mint changed to zinc late in the production period.
    So, anywhere from 80% to 90% of the cents in 1982 are copper.

  12. data dave says

    I finally pre-ordered a few TR bullion pucks yesterday. Hope the price does not increase on the P version. Nice looking coin. I don’t expect stunning first day sales but I will be disappointed if they are not the highest in the past year or since the subscription discount disappeared (I think that was with Great Sand Dunes). So I would think they need to beat the Everglades issue, which started at 16,243.

  13. Dustyroads says

    longarm,

    I know. I used to weigh all the 1983’s in hopes of finding one. Maybe someday I spot one, but not holding my breath.
    I used to have a 1968 S cent minted on a dime planchet. That coin was graded ms65. I’m a little sorry I liquidated it a few years back.

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