Skip to main content

The attrition rate of United States coins in circulation: some evidence from Federal Reserve data

Buy Article:

$51.63 plus tax (Refund Policy)

Abstract:

The United States Mint recently conducted a coin attrition study designed to estimate the rate at which coins are withdrawn from circulation in order to better plan coin production. This paper reports on the analysis of a large sample of coins taken from the United States Federal Reserve Bank cash offices used to estimate coin attrition rates by denomination. The dollar value of the circulating stock of coin available to serve the needs of commerce is estimated to be $11.8 billion (£7.6 billion).

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840210122362

Publication date: November 10, 2002

More about this publication?
routledg/raef/2002/00000034/00000016/art00005
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more