US Mint Circulating Coin Production October 2014

centUpdated figures are available for the United States Mint’s circulating coin production through the month of October 2014. For the eighth time this year, overall production topped the 1 billion level.

For the month of October, the US Mint produced 1.17 billion circulating quality coins at the Philadelphia and Denver Mint facilities. This figure was up from the prior month when just over 1 billion coins had been struck, but down slightly from the year ago period when 1.22 billion coins were struck.

For the year to date, production has now reached 11.45 billion pieces. This is up by 7.71% from the comparable year ago period when production had reached 10.63 billion pieces. For all of 2013, the US Mint had struck 11.91 billion circulating coins.

2014 US Mint Coin Production Figures
Oct 2014 YTD 2014
Lincoln Cent – Denver 351.60 M 3,498.80 M
Lincoln Cent – Phil. 352.80 M 3,349.60 M
Jefferson Nickel – Denver 55.44 M 524.40 M
Jefferson Nickel – Phil. 49.44 M 535.92 M
Roosevelt Dime – Denver 114.50 M 980.50 M
Roosevelt Dime – Phil. 87.00 M 925.50 M
Quarters – Denver 86.00 M 862.80 M
Quarters – Phil. 72.00 M 720.20 M
Kennedy Half – Denver 0 2.10 M
Kennedy Half – Phil. 0 2.50 M
Native Am Dollar – Denver 0 5.60 M
Native Am Dollar – Phil. 0 3.08 M
Pres Dollar – Denver 0 15.26 M
Pres Dollar – Phil. 0 19.88 M
Total 1,168.78 M 11,446.14 M

During the October 2014, the US Mint struck a combined 704.4 million cents, accounting for 60.27% of overall production. The smallest denomination has typically accounted for more than half of monthly circulating coin production.

The next most produced denomination for the month was the dime at a combined 201.5 million pieces, accounting for 17.24% of overall production.

Production for the quarter reached a combined 158 million pieces, accounting for 13.52% of production.

The least produced denomination for the month was the nickel at a combined 104.88 million pieces, accounting for 8.97% of production.

During the month, the Mint did not strike any circulating quality half dollars or $1 coins. The last time production for the $1 coin occurred was in May. Production for the half dollar took place only in January.

2014 US Mint Coin Production by Design
Denver Phil. Total
Great Smoky Mountains 99.40 M 73.20 M 172.60 M
Shenandoah 197.80 M 112.80 M 310.60 M
Arches 251.40 M 214.20 M 465.60 M
Great Sand Dunes 171.80 M 159.60 M 331.40 M
Warren G. Harding 3.78 M 6.16 M 9.94 M
Calvin Coolidge 3.78 M 4.48 M 8.26 M
Herbert Hoover 3.78 M 4.48 M 8.26 M
Franklin D. Roosevelt 3.92 M 4.76 M 8.68 M

There have been no updates to the chart showing preliminary production levels by design for the this year’s America the Beautiful Quarters and Presidential Dollars.

From the totals released so far, the Great Smoky Mountains Quarter had the lowest overall production amongst the quarters at a combined 172.60 million pieces. The Arches National Park Quarter had the highest production at 465.60 million.

The highest produced Presidential Dollar for the year was the Warren G. Harding $1 Coin at 9.94 million pieces. The low position is shared by the Calvin Coolidge and Herbert Hoover $1 Coins at 8.26 million pieces.

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Comments

  1. NC_Stacker says

    To all the veterans out there this Veterans day Thank you for your service and contribution to this country. Things would be completely different without your service.

    American Vet: “Do you speak German?”
    French national: “No.”
    American Vet: “You’re welcome.”

    Just received my Everglades P pucks today and I am very impressed with the design. Much better looking at this in person then the images I have seen online. The detail on the bird is impressive.

    Two of the pucks had very slight rim edge dings but they would still score good with NGC but not with PCGS if I were to ever send them off to be graded.

    Packaging: Not packed at tight as the Kennedy’s as the pucks in the sealed box when shaken did rattle.

    All in all I am still happy that I bought them.

  2. Jon in CT says

    Eagle One wrote on November 11, 2014 at 7:35 PM:

    I would much rather see John Glen’s autograph on an ASE.

    I would much rather know who the heck John Glen is/was. 😈

  3. VA Rich says

    Eagle One – let it roll, its Tequila Tuesday, if not familiar with that or Gin’thursdays, ask Pitt, GF, or a host of others.., it a recurring event

  4. Dave says

    Jon

    Appropriate smiley face. You are the kid in High School who knew everything, corrected everybody, and nobody wanted to hang around with.
    I was a teacher for 32 years, and none of us liked your type , either. And all this time you thought you were impressing us. Too bad…..you are only feeding your own ego. And it is VERY large.

    Sadly, if you simply shared your expansive knowledge in a positive manner, everyone WOULD be impressed with you, appreciate you, and honor your contribution. Instead you CHOSE to alienate. Really, it’s just sad.

    Please stop the petty nitpicking.

  5. Jon in CT says

    Eagle One wrote on November 10, 2014 at 3:26 PM:

    Based upon the data provided by the MNB posters and the U.S. Mint, I have been able to reforecast the number of days it will take to sell out the first 180K Silver Kennedy Sets (K13). Enough historical data was collected to produce a fully plotted raw data curve. A trend line was tightly fitted to the raw data curve and an extrapolation function was derived from the trend line. The correlation coefficient (r²) between the raw data plot and the extrapolation function was calculated to be 0.9845 (where 1.00 is a perfect correlation). Therefore, the extrapolation function is statistically worthy enough to be used for extrapolation or estimation purposes.

    where “x” is the number of hours

    f(x) = 18316 LN (x) + 36902

    It is a well-known fact that one can fit an (n-1)ᵗʰ order polynomial to any data sample of size n perfectly, with a resulting residual error equal to zero, meaning that the correlation coefficient (r²) must be exactly 1.

    You’ve always assumed a log distribution for Mint coin sales but have never explained why.

  6. Jon in CT says

    Dave,
    Sleeping through life as a teacher for 32 years (I’ll place a big bet you “worked” for a public school system) is NOT a credential I value highly (or at all).

  7. Jerry Diekmann says

    Why not John Glenn’s autograph on an Ike dollar with the reverse of the eagle landing on the moon? Or Susan B. Anthony’s signature – wait – I guess we’re too late for that. Well, I’m sure the TPG will come up with some gimmick to relieve some fools over their money. These things will never be worth more than a couple of dollars over bullion, IMO.

  8. Jerry Diekmann says

    Eagle One and Jon – Sorry, you lost me. I’m a college graduate but all of that flew way over my head. I know about correlation as I worked with it in my job forecasting demand vs. price, but the math concepts are beyond me – sorry!

  9. Jerry Diekmann says

    Hard to believe the Mint would strike more Harding dollars than FDR dollars. I guess it just means mintages mean very little in this series. That seems to fit in OK, because the whole series has no meaning. Most of the presidents are not worth remembering, much less commemorating. More than several were just awful. Given the fact that the Mint knew the Sacagawea dollars were not circulating well, and they tarnished badly (any chemist or metallurgist would have told them that manganese is one of the worst metals to use in coin alloys, and we already knew how bad it was from the war nickels of 1942 to 1945), so why even issue these unneeded coins. Was it a “full employment act” for the Mint, along with striiking worthless cents? Cents should have been done away back in 1982, when they came up with that copper coating over zinc, another metal which may be good in coins as an alloy, but deteriorates quickly when exposed to air or circulation. Again, we already knew about it from the zinc covered cents of 1943 which were a disaster as a coin, but were great for propaganda. There are much better alloys out there – check out the alloys used for the various Euro coins – they seem to work fine and the aluminum bronze doesn’t tarnish like our “golden” dollars do. You would think this country could do a better job when it comes to striking coins for circulation. Now, I’ll hop off my high horse.

  10. Jerry Diekmann says

    Jon – you do not need to be so negative with people. Teachers are very important and good teachers can have a tremendous impact on the lives of children. I think you owe Dave an apology. No, I have never been a teacher, but I do respect the work they do. Many of them are very committed to making this a better world for the younger generation, which we should all realize, one day replace all of us older people. I have never been a veteran (I was too tall for Vietnam – over the height limit), but I do respect our soldiers and veterans and the sacrifices they have paid, some with their lives, some with lifelong mental and/or physical disabilities, in order to allow all ofus the right to “life, liberty, and the pursuit of happiness”. Many people in other parts of this world never had those chances because of maleovolent and diabolical dictators – we have been free of them now for 238 years because of our soldiers. And we are one of the best educated and advanced societies in this world because of our teachers.

  11. Eagle One says

    LN(x) or the natural log is commonly used in finance equations when forcasting decay and compounding. First, second, third, fourth, and fifth order polynominals were tried and they did NOT produce a statistically significant fit to the raw data plot.

    John Glenn was the first American to orbit the Earth on February 20th 1962. The Project was called Mercury and the mission was called Friendship 7.

  12. Hawkster says

    Jon,
    John Glen was born 1932 in Sudbury-on-Thames, England. As an assistant director, he was responsible for such films as “For Your Eyes Only” and “”Octupussy”. Does that answer your question?

  13. cagcrisp says

    @GoldFishin, If the Mint continues Sales into 2015, this thing could get Interesting…

    Gold Kennedy Guesstimates (resorted from low to high)

    • GoldFishin 66,532 – 73,185 07/31
    • Jeff 70k 07/10
    • TimTom 70k 07/31
    • Longarm 70k 08/01
    • VA Rich 50k +/- 8k 07/10 ; 71,293 07/31
    • Louis 50k 07/10; +/- 75k 08/01
    • zeeman 75,000 08/03
    • bg35765 75,920 08/01
    • Dustyroads 86,500 07/31
    • Pittsburg P between 88,000 and 110,000 07/31
    • gary 92,586 07/31
    • SilverFan over/under 100k 07/11
    • VA Bob 100k +/- 5k 07/31
    • A Bob 100,000 07/31
    • VABEACHBUM 07/16 do not think it will either garner the interest or come anywhere close to 109k
    • Sith 60k 07/11; 100k to 120k 07/31
    • thePhelps between 75 and 100k the first week and a total of 125k 07/31
    • Stephen m. 150k+ 07/11
    • Clark exceed 200k 07/26

  14. Hawkster says

    Cag,
    Thanks. As you can see, I have attempted to blunt Jon’s sarcasm with humor. He seemingly does not know how to respond to or acknowledge humor.

  15. stephen m says

    Jon in CT may be a person that can only be serious no matter what the subject or occasion may be. I know of a person like that and as kids he would ask all the rest of us “when are you going to grow up?” My answer was always “never.” It takes all types to fill this world.

  16. cagcrisp says

    @VA Rich, on 11/10/14 a 3 Coin Proof Set 2014 MLB Baseball Hall of Fame $5 GOLD + $1 SILVER + $Half Clad Sold for $709.00 with 5 bids.

    And….on 11/11/14 a 2014 Baseball Hall of Fame Proof Coin Set – $5 Gold, $1 Silver and Half $ Clad Sold for $731.99 with 6 bids.

    Anyway you break it down that’s at least $600.00 for the Gold…

  17. Jon in CT says

    Eagle One wrote on November 12, 2014 at 2:10 AM:

    LN(x) or the natural log is commonly used in finance equations when forcasting decay and compounding. First, second, third, fourth, and fifth order polynominals were tried and they did NOT produce a statistically significant fit to the raw data plot.

    You might want to take a look at the Poisson distribution

  18. Hawkster says

    Jon,
    Eagle One should be very happy that you did not correct the misspelling of the word “forecasting”. Or, did you fail to notice?

  19. Eagle One says

    Jon,

    In this case, we are not using a distribution (a tally of random occurrences), we are using a continuous function. Poisson is used to predict the “number of events that can occur in a given period of time.” We are trying to estimate “how much time it will take to achieve a given number of units.” Just a simple pre-calculus function.

    I can tell that you have no idea what you are talking about. I can also tell that you are not academically astute; nor are you an educator. You are just bluffing everyone and looking for a fight. Your arguments are highly specious (superficially plausible, deceptively convincing, but actually wrong) and you are obsessively deceptive. You thrive on deception and the web is the perfect place for you to do that without going to prison. That is why you hang out here and superficially hurt people. This is the only place you can abuse others without ending up in a state mental facility, state prison, or with a black eye. I suggest that you get your head examined.

  20. Keep Calm & Stack On says

    Thanks cag – any chance you track available units of the $5 BHoFs on fleabay? I’m curious what the inventory trends have been over the past 8 weeks, and then compare that over December and then again this coming fall.

    I had started to track those #’s though got sidetracked –

  21. Keep Calm & Stack On says

    AtB Puck Collectors ~

    Regarding the possibility of a price decrease on the Pucks, in doing some research, I’m leaning to the thought that the mint balances the Puck price to around $11/ounce over spot. Currently, it’s $15.3 per ounce over spot at a sales price of $154.95 – therefore currenlt pricing for the pucks is out of parameters (or an imbalance exists) if using historical pricing over the past 14-18 months.

    Has anyone else done any similar reseach? Can to a similar conclusion or ascertain a different result?

  22. cagcrisp says

    @Keep Calm & Stack On, My search on the bay is “2014 baseball Gold coin” and I track ALL available vs. 69’s and 70’s. I’m not into Graded coins so I just want to bounce out the OGP’s.

    This morning’s search showed 153 in total baseball Gold coins. 74 in OGP.
    Here are the same Day of the month since June 11th 2014:

    06/11/14 219 in Total & 162 in OGP
    07/11/14 240 in Total & 125 in OGP
    08/11/14 200 in Total & 101 in OGP
    09/11/14 167 in Total & 92 in OGP
    10/11/14 162 in Total & 78 in OGP
    11/11/14 151 in Total & 75 in OGP

    The Main thing that has happened is that FINALLY the true auctions are going away and either a Set Opening Price Auction OR a Buy It Now is the preferred method on selling…
    Currently there are 20 Auctions and 56 Buy it Now, However, of the Auctions there are Zero True auctions…

  23. Hawkster says

    Keep Calm,
    Those collectors that are holding out on the Glades uncirculated puck in hopes of a price decrease may have to reconsider their course of action. It would be regretful to these collectors if a sellout occurs before any price decrease takes place.

  24. Keep Calm & Stack On says

    The mint minted less than 24,000 of the ‘Glades? Ahhh.., don’t know about that.

    Volcanoes and Arcadia low mintage was most likely the result of slow sales and increasing Ag prices which surged from $27 to $34/ounce.., resulting in price increase for the pucks from $202 to $229.

  25. Cochisz says

    Thank you @ Eagle one. You said that very well. Hope Jon gets the picture and grows a little
    In mind,body and soul.

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