Mint cent output slides in October
A large drop in cent production in October helped push overall Mint output lower for the month. The decline of 157.6 million pieces put the October cent production at 381.2 million coins as compared to 538.8 million the month before.
A large drop in cent production in October helped push overall Mint output lower for the month.
The decline of 157.6 million pieces put the October cent production at 381.2 million coins as compared to 538.8 million the month before.
Nevertheless, October’s cent effort was enough to push the denomination past the 4 billion mark for the first 10 months of the calendar year, reaching 4,183,740,000 pieces.
Total U.S. Mint output in October was 690.66 million coins of all denominations, a drop of 120.76 million coins from September’s 811.42 million figure.
In addition to cents, October saw declines in the output of nickels, dimes and Presidential dollars.
The 60.48 million nickels struck in October was down from 101.76 million produced in September, a decline of 41.28 million coins.
The decline in dime output to 111 million pieces was a gentler 14.5 million pieces from the 125.5 million September number.
October Presidential dollar production caved by 18.62 million coins to 26.76 million from 45.36 million in September.
Had it not been time for commencement of production of the fifth 2011 America the Beautiful quarter design, which honors the Chickasaw National Recreation Area, October coin production might have fallen further. In the event, 100.6 million quarters were made in the month. Quarter production in September was zero.
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Philadelphia turned out 10.64 million of the Native American dollars in October. Denver made none, but this was a change from September when both circulating coin production facilities were inactive as far as this form of dollar coin was concerned.
Overall, the Mint does a pretty good job of dividing annual output evenly between Denver and Philadelphia. Looking at the 10-month output numbers, only the nickel production seems skewed. Denver has produced nearly 100 million more coins than Philadelphia, but December production could easily tidy that up.
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