The United States Mint has provided updated circulating coin production figures, covering production at the Philadelphia and Denver Mint facilities through August 2012. The preliminary mintage has been indicated for the Hawaii Volcanoes National Park Quarters.
For the month, production across both facilities was 655.50 million coins. This is down from the prior month when 906.62 million coins were produced, but up from the year ago period of August 2011, which had production of 604.54 million coins.
The table below includes the production figures broken down by denomination and mint facility. The first number column represents production for August 2012, while the second number column represents year to date production though August 31, 2012.
|2012 US Mint Coin Production Figures|
|August 2012||YTD 2012|
|Lincoln Cent – Denver||182.80 M||1,968.00 M|
|Lincoln Cent – Phil.||270.40 M||2,199.20 M|
|Jefferson Nickel – Denver||30.24 M||396.48 M|
|Jefferson Nickel – Phil.||13.76 M||326.64 M|
|Roosevelt Dime – Denver||49.00 M||588.50 M|
|Roosevelt Dime – Phil.||67.50 M||586.50 M|
|Quarters – Denver||31.00 M||142.41 M|
|Quarters – Phil.||10.80 M||118.80 M|
|Kennedy Half – Denver||0||1.70 M|
|Kennedy Half – Phil.||0||1.80 M|
|Native Am Dollar – Denver||0||2.80 M|
|Native Am Dollar – Phil.||0||2.80 M|
|Pres Dollar – Denver||0||16.24 M|
|Pres Dollar – Phil.||0||27.80 M|
|Total||655.50 M||6,379.67 M|
During August 2012, production took place for only cents, nickels, dimes, and quarters, with no representation from the higher denominations. As typical, cents accounted for the majority of production. This was followed by dimes, nickels, and then quarters.
For the year to date, coin production has now reached 6.38 billion coins. This now exceeds the annual production for 2010 which was 6.37 billion, but remains below the annual production for 2011 which was 8.20 billion.
The US Mint provided a preliminary mintage for the recently released Hawaii Volcanoes National Park Quarters. All of the preliminary mintages provided so far for the America the Beautiful Quarters and Presidential Dollars are shown below. As stated in the past, the US Mint has specifically reserved the right to restart production of any design within the year of issue based on demand and production capacity.
|2012 US Mint Coin Production by Design|
|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|
At 124.80 million coins, the Hawaii Quarters show a big jump in production from the prior design which had only 46.41 million coins produced. Will this be the start of a trend towards higher mintages for subsequent releases of the America the Beautiful Quarters series?
As discussed in the past, quarter production has been at historically low levels due to existing supplies available at Federal Reserve Banks, which reduce the need for newly produced coins. If production levels for quarters start to rebound, this may finally call attention to the low mintages for certain releases of the series.
For the America the Beautiful Quarters Program so far, the lowest mintage for a single design occurs for the Chaco Cultue National Historical Park Quarter with 44 million coins produced across the Philadelphia and Denver Mints. The lowest mintage for an individual issue occurs for the 2012-D Acadia National Park Quarter at 21.606 million. These numbers may change if the US Mint resumes production before the close of the year.