Quarter Output Gets a Bit Livelier|
July 12, 2013
When the economy is predictable, so are the Mint’s monthly circulation coin production reports. Once again just over 1 billion coins were produced during the month of June to bring the total coins struck in the first half of 2013 to 6,359,250,000 pieces.
Cents comprised nearly 61 percent of the monthly total, while quarters reached nearly 13 percent in June.
No half dollars or dollar coins came off the presses during the month.
For the first six months of the year, quarter production was running ahead of nickel production 721.2 million compared to 655.92 million.
Last year because of massive numbers of quarters in public hands, nickel production was nearly twice quarter production.
The excess quarter supply might finally be cleared away. Mintages plunged in 2009 as the recession bit deeply and the state quarter program ended. Many people who had saved the 50 different designs were forced to spend them through economic necessity, reducing the number of new coins needed from the Mint.
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