Sunday, May 15, 2011

US Mint Coin Production Figures Fall in February 2011

Gettysburg National Military Park Quarter

The United States Mint produced fewer coins in February 2011 than in January 2011, according to published coin production figures recently released.

While it minted no Presidential dollars or Kennedy half dollars during the month, it did strike cents, nickels, dimes and quarters in the amount of 523,140,000 in total.

In contrast, coin production in January 2011 was at 764,730,000.

As the above figures reflect, the Denver and Philadelphia Mints were most busy striking Lincoln cents. Their February total of 336 million represents 64.2% of all the coins produced for the month.

Native American $1 coins were produced for a second straight month. Their monthly production is not guaranteed. The US Mint must strike enough that they account for 20% of all dollar coins minted in a year. As such, their levels are bound to how many Presidential $1 coins are produced.

The pace in February 2011 was quicker than during the same period of a year ago, but then February 2010 was also the second slowest month of the year.

The US Mint coin production figures also revealed mintages for the Andrew Johnson Presidential $1 coins and the Gettysburg National Military Park Quarters. Their totals, shown below, were the lowest in either series to date.

The Gettysburg Quarter mintages do have a chance to increase since the US Mint has a bulk purchase policy in place that enables businesses to order quarters that the Mint has stopped producing.

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