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Wednesday, July 8, 2009

US Mint Coin Production June 2009


The US Mint recently posted their latest production figures for circulating coins. These numbers have received more attention this year because of the significant decline from prior years.

The table below lists the US Mint's coin production during the month of June 2009. The numbers are produced by subtracting last month's year to date production figures from this month's year to date production figures.
US Mint Coin Production June 2009

Philadelphia Denver Total
Cents 64.40 M 164.40 M 228.80 M
Nickels 0 0.48 M 0.48 M
Dimes 0 0 0
Quarters 42.60 M 26.60 M 69.20 M
Halves 0 0 0
Presidential Dollars 41.02 M 14.28 M 55.30 M
Native Amer Dollars 0 0 0
Total 148.02 M 205.76 M 353.78 M

Production was concentrated in three denominations, the cent, quarter, and dollar. The production for the nickel also moved up slightly. The US Mint had previously announced that they had ended production of nickels and dimes for the rest of the year, so perhaps this was just a slight adjustment to the previously reported figures. Overall the US Mint produced 353.78 million coins during June. This was in line with the prior month when 352.92 million coins were produced.

The additional table below shows the total year to date coin production for each denomination, and where possible, each coin design. For Quarters and Presidential Dollars, the US Mint posts production figures for each separate design once production for that design has ended.

2009 Coin Production January 2009 to June 2009

Philadelphia Denver Total
Lincoln Cent 660.40 M 714.00 M 1,374.40 M
Jefferson Nickel 39.84 M 39.84 M 79.68 M
Roosevelt Dime 96.50 M 49.50 M 146.00 M
District of Columbia Quarter 83.60 M 88.80 M 172.40 M
Puerto Rico Quarter 53.20 M 86.00 M 139.20 M
Guam Quarter 45.00 M 42.60 M 87.60 M
Kennedy Half Dollar 1.70 M 1.70 M 3.40 M
W.H. Harrison Dollar 43.26 M 55.16 M 98.42 M
John Tyler Dollar 43.54 M 43.54 M 87.08 M
Native American Dollar 27.30 M 23.80 M 51.10 M

The US Mint did not post any new "final" mintage figures for 2009 Presidential Dollars or 2009 DC & US Territories Quarters. The figures for the Guam Quarter and John Tyler Presidential Dollar had been available in last month's update. During 2009, the overall mintage for each quarter and dollar release has been lower than the previous release. The US Mint's next coin production update will be closely watched to see if this trend remains intact.

The year to date production figures for the one cent denomination yield an interesting observation. Assuming that the US Mint has not yet begun production of the third design representing Lincoln's Professional Life, the implied mintage for the Formative Years design is now above the mintage for the Birthplace Design. The Birthplace design had a final mintage of 350.4 M Denver coins and 284.4 M Philadelphia coins. Backing these numbers out of the total above results in possible Formative Years mintages of 363.6 M Denver coins and 376 M Philadelphia coins.

Update: The US Mint is done producing the Formative Years design. The possible mintages quoted above are the final mintages.

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