![]() Mint produces both denominations in the expected amounts needed for the entire year. This was also true for Kennedy half dollars until recently, specifically in 20. While the Federal Reserve no longer orders Native American $1 coins, they are still minted in circulating quality for coin collectors. Mint also produces dollars and half dollars in circulating quality. In addition to cents, nickels, dimes, and quarters, the U.S. Mintages of Native American Dollars and Kennedy Halves In month-over-month comparisons for coins used daily by Americans, production totals in July declined by: For instance, in January of last year, 59.8% of the circulating coins minted were cents, which contrasts with the current situation. Historically, before then, more than half of the coins produced in a given month were cents. This continues a trend that began in May 2022, when the percentage of cents produced in a given month fell below 50%. In July, the Mint struck 457.6 million Lincoln cents, which accounted for 40.2% of the circulating-quality coins made for the month. The Mint produces, sells and then delivers circulating coins to Federal Reserve Banks to support their service to commercial banks and other financial institutions.Įven though it costs the Mint 2.72 cents to make and distribute each 1-cent coin, the Federal Reserve always orders more of them than any other denomination. Mint is to manufacture coins in response to public demand.
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