Total Coin Production Dips in August
August circulating coin production dropped by 36.17 percent at the U.S. Mint’s two production facilities. The total output of 767,320,000 compares to 1,202,100,000 in July. Decreases were seen in all…
August circulating coin production dropped by 36.17 percent at the U.S. Mint’s two production facilities. The total output of 767,320,000 compares to 1,202,100,000 in July.
Decreases were seen in all denominations. Dimes saw the smallest decline at 32.37 percent, while quarters had the largest decline of 42.21 percent.
The cent’s decline was on par with the overall average decline, recording a 35.65 percent slide, while the nickel dropped 40.62 percent.
At the present rate of decline seen year to date, the U.S. Mint is on track to strike around 12,822,561,000 total coins for 2019, which would represent a 6.82 percent decline from 2018.
As you can see in the following, coin production has steadily been declining the past several years.
Total 2018 output:13,125,414,000, down 11.67 percent from 2017.
Total 2017 output:14,859,360,000, down 7.23 percent from 2016.
Total 2016 output:16,017,410,000, down 6.04 percent from 2015.
Total 2015 output:17,046,700,000.
