United States Mint Circulating Coinage Production Report – January 2023

The United States Mint has released its Circulating Coin Production Report for January 2023, showing that 1.2 billion coins were produced for circulation across the nation’s Mint facilities. It is the first billion coin production month since October 2022, although the total production for January 2023 was down slightly from the same month last year.

According to the Mint’s production report, 485.2 million Lincoln Cents were produced for circulation. Of that total, 264.8 million were minted in Denver, while the remaining 220.4 million were minted in Philadelphia. Jefferson Nickels saw the lowest overall production of a standard circulating coin, with just 153.12 million minted in January. Breaking down the Nickel production figure, 85.92 million were minted in Denver, and the remaining 67.2 million were minted in Philadelphia.

Turning to the Roosevelt Dime, the Mint reported that 309.5 million were produced in January 2023. Of that, 162.5 million were minted in Denver, with the remaining 147 million produced in Philadelphia. The Washington Quarter saw a production total of 246 million in January, nearly evenly split over the Denver and Philadelphia mints. The Denver Mint pressed 121.2 million Quarters last month, while the Philadelphia Mint was responsible for 124.8 million. The Mint does not break down which of the different circulating Quarters comprise the total production figure.

As has been the case since 2021, the Kennedy Half Dollar will be in circulation in 2023, but in small quantities. Therefore, the 4.4 million Kennedy’s minted in January – 2.2 million across both the Denver and Philadelphia facilities – is understandable. Production all of last year for the Kennedy Half was 9.7 million. It is likely in 2023, production figures will be similar.

Rounding out the report was the 2023 Native American Dollar with 2.24 million produced in January.

The United States Mint production report is updated monthly and is available to the public at this link on the Mint’s site.

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