In the past two fiscal years (20), the Federal Reserve unexpectedly ordered millions of Kennedy half dollars for circulation. However, this remains the case only for Native American dollars, as Kennedy halves saw their mintages increase in multiple months in 2021, 2022, and 2023. Mint produces both denominations in the expected amounts needed for the entire year. This practice was also true for Kennedy half dollars until recently, specifically starting in 2021. Mint continues to make them in circulating quality for numismatic products sold to coin collectors. While the Federal Reserve no longer orders Native American $1 coins, the U.S. Mint also produces dollars and half dollars in circulating quality.

In addition to cents, nickels, dimes, and quarters, the U.S.

95.48 million made in November), andĢ023 Kennedy Half Dollar Mintages Rise to 58 Million After November Increase of 13.19 Million

4,773% more Roosevelt dimes (the Mint reported just 20,000 struck in October vs.

In month-over-month comparisons for coins used daily by Americans, production totals in November saw: Historically, prior to May 2022 (and now again in November as well as October), more than half of the coins produced each month were cents. For example, in September, the percentage dropped to 33%.

In the months from May 2022 through September 2023, this percentage was frequently below 50%, often well below it. In October, the percentage reached 50.4%. In November, the Mint struck 303.976 million Lincoln cents, accounting for 50.3% of all circulating-quality coins produced 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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