Comments on: U.S. Mint Produced Nearly 14.5 Billion Coins for Circulation in 2021 https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/ CoinNews delivers the latest World and US coin news Sat, 29 Jan 2022 14:41:23 +0000 hourly 1 https://wordpress.org/?v=6.1.1 By: Rich https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502994 Sat, 29 Jan 2022 14:41:23 +0000 https://www.coinnews.net/?p=84664#comment-502994 In reply to Rich.

Sir Kaiser, this still seems to be the coin topic du jour, and the Mint web site is also highlighting it in a featured topic on “Explore how quarters enter circulation to reach your hands.” Here are some finer points: Coins circulate between banks, businesses, and people. When people keep coins to drop in change jars, piggy banks, or collections, they take the coins out of circulation. The U.S. Mint produces more than 10 billion circulating coins a year. New coins account for less than 20 percent of the total coins in circulation. The average lifespan of a coin is about 30 years.

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By: Rich https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502923 Tue, 25 Jan 2022 21:08:36 +0000 https://www.coinnews.net/?p=84664#comment-502923 In reply to Rich.

Major D, maybe the conundrum is solved, as Chris T alluded to: the change (coins) is being stored in “coin jars” by the public. As illustrated in this infographic by the U.S. Mint titled “How Coins Circulate” circulating coins are initially produced at the U.S. Mints and ultimately end up in coin jars.

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By: Rich https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502921 Tue, 25 Jan 2022 18:11:09 +0000 https://www.coinnews.net/?p=84664#comment-502921 In reply to Rich.

It has a high relative humidity and we call it a woodie.

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By: Rich https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502900 Sun, 23 Jan 2022 20:04:07 +0000 https://www.coinnews.net/?p=84664#comment-502900 Major D, the dearth of the 2021 George Washington Crossing the Delaware quarters in the Washington, DC area is a conundrum, especially in light of the very high circulating mintages of the coin. Compared to all of the 2010 – 2021 America the Beautiful Quarters mintages of 18,541,567,200, the 2021 George Washington Crossing the Delaware quarters mintage of 1,703,800,000 is approximately 9.2% of all the 21 years of ATB quarters minted.
As I commented earlier, there seems to be some disparity in the distribution and circulation of these quarters around the country, regionally by state and county. For instance, in my environs these quarters are most abundant and in pristine condition. I secured a roll of them because it is a beautiful and meaningful coin. I also did the same with the 2021 Tuskegee Airmen Quarter for Alabama (with much lower mintage of 464,400,000) since they both are highlighted in the 2021 Limited Edition Silver Proof Set.

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By: Rich https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502892 Sun, 23 Jan 2022 15:36:36 +0000 https://www.coinnews.net/?p=84664#comment-502892 Occidents happen.

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By: FViia https://www.coinnews.net/2022/01/21/u-s-mint-produced-nearly-14-5-billion-coins-for-circulation-in-2021/comment-page-1/#comment-502890 Sun, 23 Jan 2022 15:02:52 +0000 https://www.coinnews.net/?p=84664#comment-502890 This may explain my car wash experience.

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