Federal Reserve Bank Archives

Federal Reserve Has 888 Million Dollar Coins in Vaults

April 4, 2023 by Clinton

In its latest annual report to Congress, the Federal Reserve has indicated that it has 888 million dollar coins in vaults. While this is down from the over 1 billion it had last year, it still shows a significant inventory remains, and citizens need to be using dollar coins in manageable numbers. For those who are outside of the United States or unfamiliar with it, the Federal Reserve System is effectively the central bank of …

United States Mint Begins Shipment of Nina Otero-Warren Quarter for Circulation Today

August 15, 2022 by Clinton

2022 American Women Quarter Nina Otero Warren Reverse

The following is a Press Release from the United States Mint, announcing that it will begin shipments of the Nina Otero-Warren American Women Quarter to the Federal Reserve starting today. The Federal Reserve, the Central Bank of the United States, is where banks around the country order their circulating coins from for circulation. The United States Mint (Mint) will begin shipping the fourth coin in the American Women Quarters (AWQ) Program on August 15. These …

Federal Reserve Releases Digital Currency Assessment – Seeking Public Comments

January 21, 2022 by Clinton

The Federal Reserve, the central bank of the United States, has released a long awaited report and assessment on digital currency. The report, originally slated for released last year, was released yesterday. The 40-page PDF can be found here and the public is encouraged to read it and provide any feedback or comments to the Federal Reserve. The report itself is neutral in that the Fed does not take a particular stance on digital currency. …

Yes, The 2021 Kennedy Half Dollar is in Circulation

October 6, 2021 by Clinton

2021-P Kennedy Half Dollar Obverse (Image Courtesy of The United States Mint)

Don’t be surprised if you get a roll of Half Dollar coins from your local bank and find a 2021 Kennedy Half Dollar in them. The Federal Reserve, for the first time since 2001, has ordered the half dollar coin for circulation and the Mint is happily producing them. The Kennedy half dollars will bare the Denver and Philadelphia mint marks. For the first part of 2021, the Kennedy half had only been produced for …

Federal Reserve Bank Has Over 1 Billion Dollar Coins in Inventory

October 6, 2021 by Clinton

In its latest quarterly report, the Federal Reserve System (or the Federal Bank) reports that it now has over 1 billion dollar coins in inventory. While the number is staggeringly high, it is down slightly from the second quarter of 2020. Currently, the United States’ central bank has 1.011 billion dollar coins in inventory. For those who are outside of the United States or unfamiliar with it, the Federal Reserve System is effectively the central …