Skip to main content

February coin production down overall

February production totals are in and are down 251,200,000, or 16.67%, from January. While this may seem like a significant drop, it is important to consider that January’s production totals had increased over December’s by a whopping 169%. Cents represent a large percentage of the decrease, with 186 million fewer cents produced in February than in January. Nickels, dimes, and quarters were all slightly down as well. There were no half dollars produced in February, compared to 3.4 million in January. How does this stack up to last year?

In February 2019, the Mint released a total of 1,256,100,000 coins compared to 1,066,510,000 in 2018. So year over year, February has shown an increase of 17.8%, spread fairly evenly across all denominations, with just dimes standing out. In February 2019, the Mint produced 248 million dimes, compared to just 154 million in 2018.

Given that coin production overall has been falling three years in a row (see Dave Harper’s assessment from the Feb. 5, 2019, issue of Numismatic News), could this be a positive sign that the first two months of the year are outpacing the last? We will have to wait and see!

 

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

 

SCWC 1701-1800
If you like what you’ve read here, we invite you to visit our online bookstore to learn more about Standard Catalog of World Coins, 1701-1800.

Learn more >>>

The post February coin production down overall appeared first on Numismatic News.

Comments

Post a Comment

Popular posts from this blog

Royal Mint Partners with NGC to Offer Certified UK Coins

The Royal Mint, the official mint of the United Kingdom, has partnered with Numismatic Guaranty Corporation (NGC), the world's largest third-party coin grading service. For the first time, The Royal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Post a Comment
Read more

Gold goes digital: Dillon Gage introduces DGGold future of direct physical gold ownership, now available to investors

Addison, Texas (August 15, 2018) —  Dillon Gage Metals , one of the world’s largest precious metals wholesale firms and technology innovators in the industry, recently launched its first Digital Metals product: DGGold. This product is the first of its kind to be offered to the retail public through Dillon Gage’s growing precious metals dealer network. It is eligible for purchase on their proprietary online trading platform, FizTrade. DGGold, which utilizes VaultChain Gold powered by Tradewind, delivers an unprecedented method of direct gold ownership to the investment community, expanding on Dillon Gage’s already impressive lineup of product and service offerings. “I am excited to introduce Dillon Gage Metals’ newest product to the individual investor and individual retirement account investment community,” said Mark Furmanek, chief operating officer at Dillon Gage Metals. “DGGold brings an investment product, previously dominated by large institutions and bullion banks...
Post a Comment
Read more

Weekly World Numismatic News for August 30, 2020

There were two items this week of a particular note. First, two Israeli teenagers found a hoard of gold coins that experts say date back to the 9th century. The jar of coins found consists of 425 24-karat gold coins weighing 845 grams (1.86 pounds). Most of the coins are cut to that were once […]
Post a Comment
Read more