Mint Orders of $1 Coin
CURRMTORD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2007 - 1/1/2025
Summary
The Mint Orders of $1 Coin (CURRMTORD) tracks the volume of $1 coin orders placed with the U.S. Mint by financial institutions. This metric provides insights into currency circulation patterns and potential shifts in payment preferences.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator reflects the demand for $1 coins in the U.S. financial system, which can signal changes in consumer behavior and currency usage. Economists and policymakers use this data to understand monetary circulation trends and potential impacts on cash transactions.
Methodology
The data is collected directly from order records maintained by the U.S. Mint, tracking the number and volume of $1 coin orders from banks and financial institutions.
Historical Context
This trend is used in monetary policy analysis, cash flow studies, and understanding broader economic transaction patterns.
Key Facts
- Tracks official orders of $1 coins by financial institutions
- Provides insights into currency demand and usage patterns
- Reflects potential shifts in payment preferences
FAQs
Q: What does CURRMTORD represent?
A: CURRMTORD represents the current mint orders for $1 coins from U.S. financial institutions. It measures the volume of coin orders placed with the U.S. Mint.
Q: Why are $1 coin orders important?
A: $1 coin orders can indicate changes in cash transaction preferences and provide insights into monetary circulation patterns. They help economists understand evolving payment behaviors.
Q: How often is this data updated?
A: The data is typically updated periodically by the U.S. Mint and Federal Reserve, with frequency depending on current economic conditions and mint production schedules.
Q: What factors influence $1 coin orders?
A: Factors include retail demand, vending machine usage, transit systems, and broader economic trends affecting cash transactions.
Q: Are $1 coins still widely used?
A: While less common than paper currency, $1 coins remain in circulation and are used in specific contexts like vending machines, transit systems, and certain retail environments.
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Citation
U.S. Federal Reserve, Mint Orders of $1 Coin [CURRMTORD], retrieved from FRED.
Last Checked: 8/1/2025