According to the U.S. Mint, what is the anticipated lifespan of a coin?
10 years
20 years
30 years
45 years
The average U.S. coin boasts an impressive lifespan of about 30 years, allowing it to circulate among banks, businesses, and individuals for decades before wearing out. Each year, the U.S. Mint produces over 10 billion circulating coins, yet only around 20% of the coins in use are newly minted; the rest have been in circulation for years. Coins are far more durable than paper currency, which has a much shorter lifespan. While the U.S. Mint operates four facilities, only two—located in Denver and Philadelphia are responsible for producing coins.
Correct Answer: 30 years