Current FAQs

Informing the public about the Federal Reserve

Currency
Each year, the Federal Reserve Board projects the need for new currency, which it acquires from the Department of the Treasury's Bureau of Engraving and Printing at the cost of production. The new-currency budget for 2012 is $747 million, and reflects the following costs per denomination:

$1 and $2 notes -- 5.2 cents per note
$5 and $10 notes -- 8.5 cents per note
$20 and $50 notes -- 9.2 cents per note
$100 note -- 7.7 cents per note

You can read further details on the production costs for Federal Reserve notes, including the new design $100 note, from the new currency budget.

Coin
The United States Mint determines annual coin production. Reserve Banks influence this process by providing the Mint with monthly coin orders and a twelve-month, rolling coin-order forecast. Reserve Banks purchase coin at face value from the Mint. Further details on coins can be found on the Mint's website.