Updated circulating coin production figures are available from the United States Mint. During the month of October 2011, the Mint facilities at Philadelphia and Denver struck a combined 690.66 million coins across all denominations.
The latest monthly production represents a decrease from the previous month when 811.42 million coins were struck. It is also a decrease from the year ago period when 730.22 million coins were struck. Looking beyond the totals, there was significant shift for one denomination in particular.
A breakdown of production by denomination and mint facility is presented below. The first number column represents the total production for October 2011, and the second number column represents the total production for the year to date.
|2011 US Mint Coin Production Figures|
|Oct 2011||YTD 2011|
|Lincoln Cent – Denver||252.80 M||2,176.94 M|
|Lincoln Cent – Phil.||128.40 M||2,006.80 M|
|Jefferson Nickel – Denver||50.88 M||473.76 M|
|Jefferson Nickel – Phil.||9.60 M||379.44 M|
|Roosevelt Dime – Denver||48.00 M||659.00 M|
|Roosevelt Dime – Phil.||63.00 M||664.00 M|
|Quarters – Denver||42.40 M||168.00 M|
|Quarters – Phil.||58.20 M||180.60 M|
|Kennedy Half – Denver||0||1.70 M|
|Kennedy Half – Phil.||0||1.75 M|
|Native Am Dollar – Denver||0||23.10 M|
|Native Am Dollar – Phil.||10.64 M||22.26 M|
|Pres Dollar – Denver||15.40 M||148.96 M|
|Pres Dollar – Phil.||11.34 M||146.30 M|
|Total||690.66 M||7,052.61 M|
At a combined 100.6 million, the US Mint reported its highest monthly production for quarters since early 2009. This is a significant rise from the typical production levels since the start of the America the Beautiful Quarters Program. Total production for the nine designs released so far has ranged from a low of 61 million to a high of 70.2 million, with the production for each design split over two or more months.
Mintage levels for America the Beautiful Quarters have been exceptionally low, especially when compared to the previous State Quarters. As mentioned in a previous post, the total ATB Quarters produced for the series to date is still below the total production for the first issue of the State Quarters Program. The lower production level for the current series has been attributed to a backwash of previously minted quarters re-entering the system. Many who had collected State Quarters throughout the program spent or deposited the coins in recent years, leading to a surplus at Federal Reserve Banks. This, in turn, led to lower orders for circulating quarter dollars to the US Mint, which reduced production to a minimal level. This months increase in production may be a sign that the surplus quarters at Reserve Banks have finally been exhausted.
If general mintage levels rise for the coming America the Beautiful Quarter designs and are sustained at higher levels for the remainder of the series, the initial releases may seem scarce and more desirable by comparison. Besides the low mintage levels, the coins are also certainly not being saved in quantity like the State Quarters. If you can acquire any of the first nine ATB Quarter releases at or close to face value, these seem to represent a good opportunity.
Shown below are the mintage levels for the 2010-2011 America the Beautiful Quarters. Note, that the US Mint has reserved the right to restart production for the 2011 issues. The 2010 issues can be considered final.
|Hot Springs Quarter||34.00 M||35.60 M||69.60 M|
|Yellowstone Quarter||34.80 M||33.60 M||68.40 M|
|Yosemite Quarter||34.80 M||35.20 M||70.00 M|
|Grand Canyon Quarter||35.40 M||34.80 M||70.20 M|
|Mount Hood Quarter||34.40 M||34.40 M||68.80 M|
|Gettysburg Quarter||30.80 M||30.40 M||61.20 M|
|Glacier Quarter||31.20 M||30.40 M||61.60 M|
|Olympic Quarter||30.60 M||30.40 M||61.00 M|
|Vicksburg Quarter||33.40 M||30.80 M||64.20 M|