Quarter Production Surges in 2013|
October 18, 2013
Quarter production by the U.S. Mint passed the one billion mark for calendar year 2013 with the addition of September production totals.
This is the first time output of the denomination has exceeded one billion coins since 2008 when over 2.4 billion were made.
With three months left in the calendar year, it is likely to see additions made to the 1,106,400,000 quarters produced through September.
Compared to last year’s nine-month total, quarter production is 222 percent higher than one year ago.
This has helped propel overall coin production by 29 percent in the first nine months of calendar year 2013 to 9,409,460,000 coins compared to the same period in 2012.
Though cents continue to make up the bulk of all coins produced in any given year, the rate of increase has been just 18 percent compared to last year’s output at this time.
So far in calendar year 2013, the Denver and Philadelphia Mints have produced a combined 5,629,600,00 cents, some 856.4 million more than last year’s 4,773,200,000 nine-month figure.
All circulating denominations have registered production gains in 2013 while the half dollar and dollar coins have retreated.
So far this year the Mint has made 100,000 fewer half dollars, 2.24 million fewer Native American dollars and 10.58 million fewer Presidential dollars compared to September 2012 nine-month totals.
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