The Denver Mint: A Behind-the-Scenes Look at the Production of Millions of Coins Per Day

From the outside, the Denver Mint may be just another two-story federal office across from Civic Center Park. But inside the Cherokee Street building, dedicated staff and sophisticated machinery are busily pressing metal coils into countless coins per day.

The Denver Mint, one of two facilities in the United States that are responsible for making circulating coins. According to Tom Fesing with the Denver Mint, the facility produces roughly 4.5 million coins every 24 hours. Fesing estimates that about $750,000** to **$1 million has gone through the facility each day this year. The amount of coins that are produced each year depends on the orders that the Mint receives monthly from the central bank, the Federal Reserve System, Fesing said. Despite the millions of dollars in coins passing through, Fesing said the coin with the lowest value, the penny, has historically had the most production. Those numbers depend on how many coins are needed for cash transactions in the economy, according to Fesing. “When someone gets back a cent in change, what happens to them? They usually end up in piggy banks, or in a jar, and they're not introduced into circulation as fast as, let's say, a quarter or a dime,” Fesing said. While the Mint can't predict the numbers for the end of this year, it has produced almost 1.3 billion coins this year, with almost 800 million being pennies. In 2023, the Mint produced around 5.65 billion coins for the entire year.

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