United States Mint Annual Report Archives

Increase Production Costs Highlighted in The United States Mint’s 2022 Annual Report

March 9, 2023 by Clinton

The United States Mint has released its 2022 Annual Report, highlighted by the increase in the cost of production of all circulating coinage for the United States. As has been the case since 2015, the Lincoln Cent and the Jefferson Nickel cost more to produce their face value. The 2022 Annual Report is available on the Mint’s website. In the report, the Mint highlights that coin shipments to the Federal Reserve bank decreased by 2.6 …

Coin Production Costs Outlined in The United States Mint Annual Report

January 12, 2022 by Clinton

The United States Mint has released its 2021 Annual Report to the public. You can read the highlights here on USCoinNews. One of the key areas of the in the report is the “Cost of Producing and Distributing Coins by Denomination” which is found on page 12 of the report. The most telling – and damning – figure in coin production costs section of the report is the reported two cents that it costs the …

United States Mint Releases 2021 Annual Report

January 12, 2022 by Clinton

The United States Mint has released its Annual Report for 2021, highlight sales, costs and other key metrics for the nation’s coinage making branch. The 2021 Annual Report can be found here on the Mint’s site and is a worthwhile read for those interested in the behind-the-scenes aspects of the Mint. For those who don’t have the opportunity to read the report in detail, here are a few of the key highlights: The Mint had …

United States Mint Annual Report Released

February 7, 2020 by Clinton

The United States Mint has released its Annual Report for 2019. The report discloses the costs associated with coin production as well as profits made by the Mint. The report reflects that the Lincoln Cent and the Jefferson Nickel have, once again, proven more expensive to produce than their face values. The Lincoln Cent cost the Mint 1.99 cents to produce in 2019 when production, administration, and distribution costs are rolled together. The good news …