Coin production hits 1 billion|
Monthly circulation coin output rose in March to just over 1 billion pieces at the U.S. Mint from a February level of 939 million pieces.
Cents, nickels and dimes saw increased production while quarter and Presidential dollar mintages edged a bit lower from the prior month.
If production levels hold constant through the remainder of the calendar year, the Mint is on track to strike nearly 13.7 billion coins. That would be up about 15 percent over 2013 levels.
As usual, cent production makes up the lion’s share. The 611.2 million pieces produced in March is almost 60 percent of monthly output. This percentage is tracking at a level almost identical to that of calendar year 2013.
While output is fairly evenly divided between Philadelphia and Denver for cents, nickels and dimes, Denver has been strongly outperforming Philadelphia in quarter output.
For dollar coins, which end up in collector hands by the bag and by the roll, Denver leads in Golden Dollar (Native American) production. Philadelphia is ahead in the Presidential dollars.
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