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

Stack’s Bowers’ June 2020 Auction Nets Over $5 Million

The Stack’s Bowers Galleries June 2020 Auction continued the trend of high prices realized recently demonstrated in their March Santa Ana and May Hong Kong auctions. Over $5 million was realized in the June sale across United States coins, tokens, and medals, achieving 114 percent of the pre-sale estimate on sold lots. (All prices listed include the buyer’s fee.) Strong demand for high-end gold coinage reflected continued growth in this collecting area, while Numismatic America also saw incredible strength, earning over 50 percent above pre-sale estimates in Internet-Only Session Three. With such strong results in their June sale, Stack’s Bowers Galleries is anticipating considerable interest in their upcoming August 2020 Auction, which will be posted online for viewing and bidding in early July. This Mint State 1824/4 O-110 Capped Bust half dollar featuring Washington and Lafayette countermarks realized $26,400. (All images courtesy Stack’s Bowers) Session One opened with Numism...
Post a Comment
Read more

Mythology Featured on Early Indian Banknotes

The origin of the universe can be explained by modern astronomers and astrophysicists, while archaeologists and historians try to clarify the origin of human societies. A mythology is a collection of stories about a specific culture or religion. They often feature supernatural characters. Cultures around the world are filled with such ales about relationships between gods and humans. In the distant past, however, before any sciences existed, the beginnings of the world and of society were explained by MYTHOLOGY. Mythology is a common topic of expression through artwork. Not just dance; painting, sculpting, the mythology is a way of expression during many facets of day to day life. Even on Indian coins, stamps, and banknotes Mythology is featured with distinct concepts. The blog covers the topic: Mythology Featured on Early Indian Banknotes. As the British colonial reign strengthened in India over the years, their paper currency became the new normal. More denominations came in, layou...
Post a Comment
Read more

Letters to the Editor (September 18, 2018)

Minting a new 3-cent piece wasteful if not silly Mint a three-cents coin? In the Aug. 28 issue of Numismatic News , a Viewpoint article by Wayne Pearson advocated the issuance of a new three-cent denomination coin to replace the cent. I think this idea is silly since nothing can be bought for three cents. Minting such a denomination would be wasteful. The least expensive item I know of is a paper bag, which one can buy for 10 cents in California when buying groceries. Making any coin of a smaller denomination makes no sense. I advocate a complete reworking of all of our coin denominations as follows: A dime, as the smallest; a quarter; a half dollar; and a dollar and a five dollar, all in ascending order of size. Eliminate the $1 bill and the $5 bill and begin the printing of $500 bills. Thomas Miller Santa Rosa, Calif.   Base metal dollar coin designs that have circulated alongside the paper dollar include Eisenhower (top left), Susan B. Anthony (center right), and Sacaga...
Post a Comment
Read more