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2013 cent found; where are dimes, quarters?

The first report to reach me of receipt in change of a 2013-dated coin occurred yesterday.

Another first is that it was reported to me via Facebook.

Richie Stinchcomb said he received a 2013 cent from Philadelphia in change in the Atlanta area.

As regular readers know, it is my belief that the earlier new coins reach the public the greater the likelihood the economy is doing well.

With this first report occurring rather late in the year for a new cent, it does not bode well for the economy. It follows a recent report that the economy contracted 0.1 percent in the fourth quarter of 2012.

This collector find seems to confirm that the economy is not robust.

Of course there is the possibility that collectors are indifferent this year as to when they receive their first 2013-dated coins, but I do not think that this is the case. It would break a pattern that has held for the 35 years I have been at Numismatic News.

I also renew my call for reports of when other 2013 coins are being found around the country. Let me know when you find one.

The Mint reports that 674.8 million cents were produced in January, so they should be spreading out in commercial channels. This breaks down to 376 million Philadelphia cents and 298.8 Denver cents.

Next most numerous 2013 coins are dimes. Philadelphia struck 224.5 million in January and Denver 102.5 million for a combined total of 224.5 million.

Third up are 2013 quarters. Denver produced 112.5 million in January and Philadelphia 67.2 million for a grand monthly total of 179.4 million.

So check your change as you receive it. I will mention first reports to me of the other denominations.

Buzz blogger Dave Harper is editor of the weekly newspaper “Numismatic News.”

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