By: MUDASSIR
With just over 11.38 billion coins shipped for circulation, this marked a 16.4% decline from 2022. Let's delve into the specifics.
Cents, nickels, dimes, and quarters all experienced reductions, contributing to the overall decrease in production.
The U.S. Mint, with facilities in Philadelphia and Denver, is the driving force behind coin manufacturing.
The Federal Reserve consistently orders more of them than any other denomination. In 2023, over 4.5 billion cents were struck.
Unexpectedly, the Kennedy half dollar saw a surge in production in 2023, reaching a combined total of 58 million coins. This is the highest since 1983.
The mintages of Native American $1 coins remained steady in 2023, with a combined total of 2.24 million coins.
Mintages for the Maria Tallchief quarter were the lowest in the series, while the Edith Kanaka'Ole quarter recorded the highest mintages.