US Mint Circulating Coin Production November 2012

Updated figures are available for the United States Mint’s circulating coin production covering the month of November 2012. Quarter production continues at elevated levels compared to recent years.

During the month of November 2012, total circulating coin production across the Philadelphia and Denver Mint facilities reached 765.76 million coins. While this is down from the production of more than 1 billion coins in the prior month, it is up from the year ago period when 715.96 million coins were struck.

The table below presents a breakdown of circulating coin production for November, along with total production for the year to date through November 30, 2012.

2012 US Mint Coin Production Figures
Nov 2012 YTD 2012
Lincoln Cent – Denver 201.60 M 2,781.60 M
Lincoln Cent – Phil. 254.80 M 3,086.00 M
Jefferson Nickel – Denver 47.76 M 533.76 M
Jefferson Nickel – Phil. 45.60 M 454.80 M
Roosevelt Dime – Denver 45.50 M 831.00 M
Roosevelt Dime – Phil. 66.50 M 785.50 M
Quarters – Denver 46.00 M 313.41 M
Quarters – Phil. 58.00 M 251.40 M
Kennedy Half – Denver 0 1.70 M
Kennedy Half – Phil. 0 1.80 M
Native Am Dollar – Denver 0 3.08 M
Native Am Dollar – Phil. 0 2.80 M
Pres Dollar – Denver 0 16.24 M
Pres Dollar – Phil. 0 27.80 M
Total 765.76 M 9,090.89 M

As has been the case for the entire year, the cent accounted for more than half of production. Across both facilities, there were 456.4 million cents struck during the month, accounting for 59.6% of all production. The most recent figures indicate that it cost the United States Mint 2.00 cents to make and distribute each cent. Production levels are dictated by orders placed by the Federal Reserve Banks.

Quarter production remained relatively robust at 104 million coins across both facilities. For the year to date, the Mint has struck 564.81 million quarters, which already exceeds last year’s total quarter production of 391.2 million.

During the recent House subcommittee hearing, the Acting Mint Director had remarked that quarter production is expected to continue to rebound during 2013. This will serve to make up for some of the seigniorage lost by the decrease in production of the $1 coins.

The US Mint recently sold out of the 250-coin boxes of 2012 Native American Dollars, perhaps signaling that production for the coin is completed for the year. The production of 3.08 million coins at Denver and 2.80 million coin at Philadelphia is significantly lower than last year’s production of 48.16 million and 29.40 million, respectively.

No changes were made to the production totals by design for the 2012 America the Beautiful Quarters and 2012 Presidential Dollars. The same figures as last month are reproduced once again below. As in the past, I will mention that the US Mint reserves the right to restart production of any design within the calendar year, based on collector demand and production capacity.

2012 US Mint Coin Production by Design
Denver Phil. Total
El Yunque Quarter 25.00 M 25.80 M 50.80 M
Chaco Culture Quarter 22.00 M 22.00 M 44.00 M
Acadia Quarter 21.606 M 24.80 M 46.41 M
Hawaii Quarter 78.60 M 46.20 M 124.80 M
Arthur Dollar 4.06 M 6.02 M 10.08 M
Cleveland Dollar 4.06 M 5.46 M 9.52 M
Harrison Dollar 4.20 M 5.64 M 9.84 M
Cleveland (2) Dollar 3.92 M 10.68 M 14.60 M

Total indicated production for the first four quarter designs per the chart above is 266.01 million. The total production indicated for the denomination in the first chart is 564.81 million. This suggests that production for the Denali National Park Quarter has reached 298.8 million, which would be the highest mintage for the series to date.

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Comments

  1. Stevedoc22 says

    Six billion useless pennies. I see them on the floor evrywhere I go. People don’t even bother picking them up. But, the powers that be will not cease making them, as that will be a tacit reminder that our currency has been dramatically debased over the years (and more coming!)

  2. merryxmasmrscrooge says

    “Total indicated production for the first four quarter designs per the chart above is 266.01 million. The total production indicated for the denomination in the first chart is 564.81 million. This suggests that production for the Denali National Park Quarter has reached 298.8 million, which would be the highest mintage for the series to date.”

    Maybe not. This 298.8 million could include and be added to all 5 2012 designs at the end of the year.

  3. Mint News Blog says

    In the past, they have updated the totals for previous designs if additional production took place during the month.

    Of course, the US Mint could have changed up the procedures they have followed for the past few years, so that I why I said it “suggests”.

  4. Smiledon says

    I make a pertty penny when I stop to pick them up. Value is what some one is willing to pay, and I believe that pennies aadd up!

  5. says

    Samuel,

    The only thing I can think of is possibly the special-packaged set for the Star Spangled Banner – the bicentennial set. It’s a nicely packaged coin and could possibly do a little better than an average silver commemorative coin.

    Realistically, though, I am not sure any of these are going to do that well. I like this year’s commemoratives but I’m not expecting big financial gains from them. I think the big sales surge in the uncirculated SSB will probably drive the value of that one.

  6. ABC says

    Louis,
    What was the major announcement from the mint on the 11th? Or are we still waiting for Michael to write about it first?

  7. posterhunter says

    The El Yuque S quarter rolls are in backorder. Maybe they did not make as many S rolls on these as I thought.

  8. zwiggy says

    60% of these pennies probably end up between our seat cushions and on the floor. We are slowly paving our sidewalks with zinc.

  9. Kraw says

    6 billion pennies isn’t that much when you think about it, what is that like 20 per person?

    *Note this is not an endorsement of the penny, get rid of that coin!*

  10. ABC says

    It’s kind of late for them not to field candidates for the 2013 First Spouse program unless they plan on having a repeat of what happened this year and release all 10 of them in the span of a couple months. What are the odds of the mint canceling the series at this point?

  11. Mint News Blog says

    The series is legally required so the Mint could not cancel the series on their own initiative. It would take an act of Congress.

  12. William says

    See a penny pick it up, all the day you’ll have good luck…

    Maybe, if they reissue “indian head” pennies as a multi year set, people (particularly kids) would start collecting them…but, instead of pennies value, change the value to 10 cents.

    Wild Bill

  13. AtB Collector says

    San Francisco (S) Qtr mintages First the mint said 1.4 m for each design,Then they said they were going to mint to demand,Selling them in bags and rolls (only) , Makes them a larger supply in fewer hands,Coin dealers are scooping them up in bulk,To control prices on the secondary market ,When they are all gone,It looks like denali will be gone by end of year.

    Denver

    Phil.

    Total

    El Yunque Quarter

    25.00 M

    25.80 M

    50.80 M

    Chaco Culture Quarter

    22.00 M

    22.00 M

    44.00 M

    Acadia Quarter

    21.606 M

    24.80 M

    46.41 M

    Hawaii Quarter

    78.60 M

    46.20 M

    124.80 M

    Much lower mintage’s than the state quarters.
    http://www.statequarterguide.com/mintages/

    Dansco & whitman albums dont have slots for the (S) MM Qtrs

    These plain folders work great for all of the AtB Qtrs -5oz
    https://whitman.com/Inventory/Detail/Quarters-Plain-Folder+8HRS2692

  14. simon says

    Let’s all be true gentlemen and solid citizens and pick up every cent we see discarded anywhere and everywhere. 🙂

    While we are on the subject of transient troves, I picked up a 2009-D Dime in the parking lot of the Shell gas station in Trinidad CO. Looks like a MS66 FB – nice coin !

  15. Rick says

    ”Production levels are dictated by orders placed by the Federal Reserve Banks.” They seem to be replacing the copper cents that are being systematically extracted from circulation. Me being one of them and I’m only a little guy hoarding a couple thousand a year. Last year around 20% were copper, this year it’s closer to 17%. In a few years finding a copper cent will be similar to finding 90% silver in circulation, same with the current nickel composition. I’m in the contruction biz and even the smallest amounts of any metal is snatched up by co-workers, scrappers or theives looking for a few extra bucks. Just wait til they discover discounted metals in coinage, This behavior wont change for many years I beleive IMO.

  16. veekay says

    On different topic:

    Did any one get Caroline Harrison yet?

    I placed order on Dec 6, first day and it still says in stock and reserved. Wondering if any one got.

    Thanks!

  17. Louis says

    If the 2012 Native American dollar comes in around 6 million total, would that be the lowest mintage for a modern dollar coin? I got a D mint roll and am thinking of also getting a P with these numbers.

  18. hi ho silver says

    Louis : 2005 Native American has a mintage of 2,520,000 for each Mint , but they were not circulated. Source Redbook

  19. TomP says

    @ Rick, I agree with your percentages. I’ve been pulling out non damaged/gunked up copper pennies for years. Some days I may get 75% copper, most days under 25%.

    Unlike you I believe our government is too inept to pull copper pennies out of circulation.

    Canada actually admits to pulling out older coins and the difference up there is obvious. I got hardly any pre 2003 quarters or nickels in circulation on my last vacation.

  20. jejtpr says

    I received the Caroline Harrison coins, yesterday. The proof was in a gold box. The uncirculated was in a brown box. Coin condition was excellent.

  21. Rick says

    No I don’t beleive it’s the government. It’s people like you and I seeing some value here. Just look at completed listings for “penny sorter” and you can see where all the copper is going.

  22. jagnut says

    Looking for assistance – when does the mint normally stop selling the Sacagawea rolls for the current year? I have searched the past articles without any luck.

    Thanks to all!

  23. Mint News Blog says

    It has varied over the years. Generally it may be on the date when the 2013-dated rolls go on sale, or any date sooner if all remaining inventory is sold before then. This year there have been multiple early sell outs, so if you are looking to pick these up, I wouldn’t delay too long.

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