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Cents push up Mint output

 

Surging cent production helped the U.S. Mint reach the 3 billion coin mark by the end of April.

During the first four months of the calendar year, the Mint cranked out 1,957,600,000 cents, up 34.6 percent from the January-April 2011 period.

Nearly two-thirds of the coins produced so far in calendar 2012 have been cents.

Presidential dollars enjoyed a big month in April also. More than half the dollars struck so far this year were produced in that single month.

Presidential dollar output in Philadelphia totaled 9.1 million coins while Denver chipped in 2.52 million dollars, bringing the running total for 2012 to 20.72 million coins.

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During the month Chester Arthur dollar coins went back into production in Philadelphia, which cranked out an additional 1,120,000 pieces honoring the 21st President.

Also in production were dollars honoring Grover Cleveland’s first term and Benjamin Harrison.

Dime production at Denver and Philadelphia combined rose from 109,500,000 in the month of March to 152,500,000 in April.

Nickel production dropped a tad from 115,440,000 to 106,320,000.

No quarters, half dollars or Native American dollars were struck in April.

So far this year, Philadelphia leads Denver with the output of 1,657,100,000 coins compared to 1,365,000,000.

If the present pace of production were to continue, the Mint would strike over 9 billion coins in calendar year 2012.

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