Quarter Production Pace Picks Up Speed|
April 12, 2013
This article was originally printed in Numismatic News.
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Quarter production continues its return to life after four dismal years of low production due to low demand from the economy.
In the first three months of calendar 2013, the Mint produced 394.6 million quarters. In 2012, it took over nine months to reach that level.
If the current production rate continues though the rest of 2013, production will have risen by 178 percent from 2012.
Cent, nickel and dime production are also setting a faster pace in 2013 than in 2012.
So far, 1,783,600,000 cents have been coined. On present pace, the Mint would produce 19 percent more than 2012.
For nickels, output through March stands at 314.64 million. This pace will lead to a 23 percent higher output by year end compared to 2012 and dimes, at 571.5 million, are running at a rate that would be 36 percent higher if continued through December.
Collectors will notice that in March, half dollar production began with 800,000 in Philadelphia.
Denver has not yet struck any. This denomination is struck only for collectors.
Dollar coins are also struck only for collectors.
So far in 2013, Presidential dollar output at 27.44 million coins exceeds the 9.1 million coin level achieved by March 2012, but the Native American dollar total lags at 3.64 million compared to 5.6 million struck by the end of March 2012.
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