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Fourth Lincoln in Pipeline
November 10, 2009

The U.S. Mint’s production facilities returned to the usual monthly pace of production in October.

Some 353.38 million coins were produced, a rate that has been adhered to most months this calendar year.

The Philadelphia minting facility cranked out 200,000 half dollars to match last month’s Denver cumulative total of 1.9 million pieces. Denver did not add to its half dollar total and it still stands at 1.9 million coins.

Cent production indicates that there are 266 million of the new Presidency cents in the pipeline as the Nov. 12 debut ceremony nears.

There were 144.4 million Denver coins struck while Philadelphia cranked out 121.6 million.

Those online speculators who are selling nickels and dimes will be pleased to see the Mint’s coining presses were quiet in October where these denominations were concerned.

There also were no Native American dollars produced in October.

Presidential dollars on the other hand saw 24.22 million pieces flow from Denver presses and 10.78 million from Philadelphia’s.

The rate of quarter production more than doubled in October from September’s level, but this was simply to return to the rate of output that was achieved in August.

Denver cranked out 20.4 million quarters and Philadelphia produced 32.2 million in October.

Overall there is little sign in these numbers of a revival in coin demand to feed American commerce.

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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