United States Mint Circulating Coinage Production Report – May 2023

The United States Mint has released its Circulating Coin Production Report for May 2023, showing that 1.417 billion coins were produced for circulation across the nation’s Mint facilities. Total montage of the Lincoln Cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter, and Kennedy Half Dollar were up month-over-month when compared to the April production report.

According the report, mintage totals of the Lincoln Cent for May were 528 million Cents. This is up 9.6% over the 481.6 million the Mint reported producing in April. Of the 528 million Cents minted, both the Denver and Philadelphia Mint reported a production figure of 264 million coins. For the year, the Mint has now made 2.322 billion Cents for circulation. When compared to the 2022 production figures through May, minting of Cents is down 34%.

Total production in May 2023 of the Jefferson Nickel was 169.68 million Nickels according to the Mint’s report. Of that, 85.2 million were minted in Denver, while the remaining 84.48 million were produced in Philadelphia. The May production figure represents an increase of 9.9% month-over-month from April, with total production for 2023 now at 760.32 million Jefferson Nickels. Unlike the Lincoln Cent, however, Jefferson Nickel production is up 18.6% when compared to total production through May 2022.

Turning to the Roosevelt Dime, it too saw an increase in production month-over-month, ending May with a reported 378 million Dimes minted. Breaking down the total, it shows that 188 million were produced at the Denver Mint, with the remaining 190 million minted in Philadelphia. When compared to April, Dime production rose 14%. For 2023, total Roosevelt Dime production stands at 1.6415 billion pieces. Year-over-year, the 2023 minting of Dimes is ahead of last year through May by 29%.

The Washington Quarter saw a total production of 340.4 million Quarters in May 2023. The Mint does not break down which of the various quarter designs made up the total production figure. Of that total production in the month, 167.2 million were minted in Denver, with the remaining 173.2 million produced in Philadelphia. The Washington Quarter saw the biggest month-over-month production increase, jumping 21.4%. For the year, the United States Mint has minted 1.3738 billion Quarters for circulation, an increase of 30% over the total production through May of last year.

The last coin with reported production in May from the Mint was the Kennedy Half Dollar. The Mint reported 1.7 million Half Dollars were minted in the month, all in Philadelphia. That puts total mintage of the Half Dollar at 10.8 million for the year. That is up 11.3% over production through May of last year.

Across all denominations of coinage, the Mint produced 1,417,780,000 coins for circulation in May. Added to the previous months of 2023, the United States Mint has now produced 6,110,660,000 coins for circulation for the year. When compared to the Mint’s production through May 2022, the Mint has produced 5.9% fewer coins this year.

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

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.