Thursday, November 6, 2008

Mint: October 2008

US Mint coin production figures have been updated for October 2008:
(http://usmint.gov/about_the_mint/coin_production/index.cfm?action=production_figures&allCoinsYear=2008#starthere)

Jan.-Oct. 2008 totals:
Cents: 4.9196 B
Nickels: 559.44 M
Dimes: 928.5 M
Quarters: 2.1308 B
Half Dollars: 3.4 M
Dollars: 464.48 M (including 3.64 Sacagaweas)
Total Coins: 9.00986 B

Subtracting out the Jan-Sept totals gives the following October monthlies:
Cents: 577.2 M
Nickels: 78.24 M
Dimes: 176.5 M
Quarters: 229.6 M
Half Dollars: none
Dollars: 64.54 M
Total Coins: 1.12608 B
Average Coin Value: 13.26 cents

Year-over-Year (YoY) trends compared to Oct. 2007:
Cents: up 3.6%
Nickels: up 17.3% (first positive YoY for nickels since Nov. 2007)
Dimes: up 22.6% (first positive YoY for dimes since my records began in June 2007)
Quarters: down 9.5%
Total Coins: up 4.91%

It was a strong month for nickels and dimes, average for pennies, and weak for quarters. It was also the busiest month for dollar coins since January. Average coin value is up from last month consequently.

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