May 17, 2012

Obama’s Proposed 2011 Budget Allows Coin Composition Changes

2009 Nickel

Will the increased cost of base metals finally bring about a change to the composition of coins? President Obama’s recently submitted 2011 Budget includes a proposal to allow the United States Mint greater flexibility in the material composition of coins for the purpose of reducing production costs. Since 2006, it has cost the US Mint [...]

US Mint Cost to Produce the Penny and Nickel

2009 Penny

For the past four years, it has cost the United States Mint more than face value to produce the penny and the nickel. The cost of the coins was recently 1.62 cents to produce each penny and 5.79 cents to produce each nickel. The United States Mint produces and issues coins for circulation, which are [...]

Millard Fillmore Featured on Presidential Dollar Coin

Millard Fillmore Dollar

The first Presidential dollar coin of 2010 features Millard Fillmore, our 13th President.  He was the second to ascend to the office from being Vice President.  He also holds the distinction as the first President to be born after George Washington’s death, and the last President of the Whig political party. Among his acts as [...]

2008 Annual Uncirculated Dollar Set Sold Out

Annual Uncirculated Dollar Coin Set

Late last week, the United States Mint sold out of the 2008 Annual Uncirculated Dollar Coin Set. This set contained the 2008-W Uncirculated American Silver Eagle. In addition to the collectible 2008-W Silver Eagle, which has a face value of one dollar, the set also contained examples of the five different dollar coins issued for [...]

US Mint Sales: 2010 Kennedy Half Dollars Debut

2010 Kennedy Half Dollar

The newest sales report for United States Mint numismatic products includes the debut figures for the second 2010-dated product. The majority of the report, contains the 2009-dated products which continue to be offered for sale until this year’s versions are released. The US Mint began sales of 2010 Kennedy Half Dollar bags and rolls on [...]

50 State Quarters Program Earned $6.3 Billion in Seigniorage

State Quarters

The United States Mint reflected on the success of their 50 State Quarter Program in their recently issued 2009 Annual Report. The final coin of the series featuring Hawaii was issued on November 3, 2008, within the first quarter of the US Mint’s last fiscal year. The State Quarters series ran for ten years from [...]