During the month of July 2011, the United States Mint’s circulating coin production reached 821.98 million across all denominations. This amount is down from the previous month’s total of 903.06 million coins, but up from the year ago period when 772.08 million coins were produced.
For the year to date, coin production now approaches 5 billion coins. The annual total for 2009 was 3.55 billion, and the annual total for 2010 was 6.37 billion.
Shown below is the breakdown in production figures by denomination and mint facility. The first number column represents the production for the month of July 2011, while the second number shows the year to date total through July 31, 2011.
|2011 US Mint Coin Production Figures|
|July 2011||YTD 2011|
|Lincoln Cent – Denver||210.00 M||1,462.94 M|
|Lincoln Cent – Phil.||265.20 M||1,416.40 M|
|Jefferson Nickel – Denver||51.36 M||328.32 M|
|Jefferson Nickel – Phil.||58.80 M||270.00 M|
|Roosevelt Dime – Denver||81.00 M||474.00 M|
|Roosevelt Dime – Phil.||80.50 M||506.00 M|
|Quarters – Denver||25.20 M||117.40 M|
|Quarters – Phil.||25.00 M||116.60 M|
|Kennedy Half – Denver||0||1.70 M|
|Kennedy Half – Phil.||0||1.75 M|
|Native Am Dollar – Denver||0||18.06 M|
|Native Am Dollar – Phil.||0||9.66 M|
|Pres Dollar – Denver||14.28 M||111.86 M|
|Pres Dollar – Phil.||10.64 M||111.30 M|
|Total||821.98 M||4,945.99 M|
As typical, the one cent coin accounted for the majority of production. Across both facilities there were 475.2 million cents struck, representing 57.8% of all coins. The next most prominent denominations were the dime and nickel.
Production of quarters dollars was 25 million at the Philadelphia Mint and 25.2 million at the Denver Mint. This seems to represent the beginning of production for the Vicksburg National Military Park Quarter, scheduled for release into circulation on August 29, 2011. The Mint has not posted a preliminary total for the design, so production may be continuing in the current month.
Presidential Dollar production was 10.64 million at the Philadelphia Mint and 14.28 million at the Denver Mint. This was likely for the issue featuring Rutherford B. Hayes, scheduled to be released on August 18, 2011. A final mintage for the Hayes Dollar has not yet been posted by the US Mint. However, backing out the known total production for the first two designs of the year leaves 74.48 million coins. This amount would seem about right as the mintage for the Hayes Dollar.
Once again, the US Mint has not struck any Native American Dollars. The current legislation provides that at least 20% of all dollar coins struck during the year must be Native American Dollars. The percentage is currently at 11.05%. As mentioned last month, the Mint may be holding off on further production in anticipation of some legislative action.
There have now been six separate bills introduced in Congress that seek to modify $1 coin production or the specifics of the Presidential $1 Coin Program or the Native American $1 Coin Program. I have previously written about the first two bills and the third bill. Stay tuned for my comments on the latest three. For now, you can read the text of each bill H.R. 2760, H.R. 2789, H.R. 2778.