$15.5 Billion of Notes in June
FiguresThe Bureau of Engraving and Printing (BEP)
was slow in reporting June printed banknote
totals, but they picked up the pace in bottom
line production numbers.
Today’s released data reflects a manufacturing
output of 649,600,000 U.S. banknotes in June
worth a total of $15,504,000,000. That compares
to 614.9 million notes worth $13.5 billion in
More than $1 billion of the difference came from
new $20s, as none were printed in May. New $5s
also stuck out with a nearly doubling amount.
Spread across June’s 30 days and counting
weekends and holidays, the BEP averaged nearly
21.7 million notes per day with a total daily
face value worth $516.8 million.
The Bureau of Engraving and Printing indicates
that 95% of the notes made each year are used to
replace notes already in, or taken out of
circulation. If this percentage is run across
June, then "new or extra" notes for circulation
is slashed down to $25.8 million per day.
Printed Notes by Denomination: Volume and Face
Value (June 2008)
Denomination Total Printed Total Face Value
$1 256,000,000 $256,000,000
$5 144,000,000 $720,000,000
$10 70,400,000 $704,000,000
$20 51,200,000 $1,024,000,000
$100 128,000,000 $12,800,000,000
Total 649,600,000 $15,504,000,000
The BEP also printed 3.2 million $5 start notes.
These are replacements for misprinted notes or
certain serial numbers, like 000 000 000. Star
notes are generally more desirable to collectors
as they are rarer.