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TREASURY DEPARTMENT 
Washington 

FOR RELEASE, MORNING NEWSPAPERS, Press Service 
Sunday, January 7, 1940. ne No. 19-88 
1/4/40. 

The United States Mints struck off a total of 674,089,105 coins during 
1939, almost two and a half times as many as were minted in 1938, Nellie Tayloe 
Ross, Director of the Mint, announced today. A total of 260,716,690 coins was 
produced in 1938. The value of the 1939 output was $38,289,169.80, as compared 
with a value of $12,718,178.64 in 1938. 

The 1939 production figure has been exceeded only twice in Mint history, 
in 1919, when 738,742,000 coins were minted, and in 1936 when 722,976,721 were 
produced. 

Iwo months in 1939 were record—breaking periods for the Mints, In 
October, the production was 126,977,909 pieces, the largest number produced in 
any one month since the founding of the Mint in 1792. November had the second 
largest production, 124,242,515 coins. 

Production in 1939, by denominations, was as follows: 

HBIVGS Aasbiseessesany Losbooyow 
QUaArtCrS eeecesecseseee 43,268,795 
LIMES es esinais nV de ened Ue sOGs goo. 
TA CKOUSs ag atviawet ad asia moOey fugooe 
CentS sesecvcscvccesee 3053 709,520 

The nickels were all Jeffersons. Over 159,767,900 Jefferson nickels 

have been struck since coinage started in October, 1938, The Jefferson nickel 


Superseded the Buffalo nickel, The final day of coinage of the Buffalo nickel 


was April 9, 1938. 


Coinage for foreign countries in 1939, was 15,725,000 pieces, as com 


pared with 48,579,644 pieces in 1938, Cuba, the Dominican Republic, and Honduras 


were the three countries for which the United States Mints produced coins in 1939, 





The Mints have now returned to their normal one-—shift five-day week, 


said, following the customary pre-Christmas demand for now coins. 
For the vast several months the Philadelphia and Denver Mints have been oper— 
ng 24 hours a day, and the San Francisco Mint 16 hours a day, to meet the 


heavy demands for coins.