Nickel Production Falls in May|
June 13, 2013
Circulation coin output declined slightly in the month of May from April, according to figures released by the U.S. Mint.
Even though on average Philadelphia produced a little less while Denver produced a little more during the month, the combined output fell by 24.19 million – not a particularly significant figure compared to the nearly 5.3 billion coins struck in the first five months of the calendar year.
The primary cause for the overall drop was a reduction in nickels, with a small fall in dimes.
On the other hand, cents and quarters saw their totals increase.
So far this year, the Mint has struck almost 3.2 billion cents, which is roughly 60 percent of all coins produced. This is somewhat less than usual.
On the other hand, quarter production seems to be coming back to life with the total standing at 584.6 million pieces.
Production of the first two designs of 2013 is finished.
Denver struck 107.6 million White Mountain quarters while Denver coined 68.8 million of this design.
The Denver total for the Perry Victory quarter is 131.6 million while the Philadelphia number is 107.8 million.
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