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January coin production picks up

Monthly coin production at the U.S. Mint increased significantly from December.

In fact, it’s quite a dramatic increase – from 560 million produced in December to 1.5 billion in January. That’s a 169% increase from last month!

Cents led overall production with 894 million struck at the two mints. This was followed by 279.5 million dimes, 190.8 million quarters, and 136.8 million nickels.

Also interesting here is that in 2018, Denver and Philadelphia each struck a total of 1,400,000 golden dollars, also known as the Native American dollars. The same number has been struck for January 2019.

Comparing these figures to January 2018, overall production is down about 100 million. The Philadelphia mint decreased January production in 2019 by 44,420,000, while Denver was down 49,820,000. Cents account for most of that, with dimes and quarters up slightly. Half dollars and golden dollars are down 500,000 and 7,000,000, respectively.

So with 2019 off to a better start than 2018 ended, up from December, will that trend continue or should we expect to see lower year over year totals, given how January 2019 is comparing to 2018? Let us know what you think. Email us at numismatics@fwmedia.com.

 

This article was originally printed in Numismatic News. >> Subscribe today.

 


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