1876-P (Philadelphia) Shield Nickels

Coin / United States of America / 1876 / Philadelphia / Shield Nickels / 5¢ (Five Cents, Nickel, Half Dime)

The coin in question is a Shield Nickel, specifically minted in 1876 at the Philadelphia Mint. It represents a significant piece of American numismatic history, crafted during an era of transition in U.S. coinage. Key characteristics of this coin include its denomination of 5 cents, commonly referred to as a nickel. The coin is composed of a copper-nickel alloy, ensuring both durability and aesthetic appeal. With a diameter of 20.5 millimeters and a weight of 5 grams, it fits comfortably within the standard size and weight of U.S. nickels. The Shield Nickel, introduced in 1866, was the first five-cent piece struck in nickel rather than silver, following the Civil War's economic demands. The design features an obverse portraying a shield with horizontal stripes, symbolizing the strength and protection of the United States, while the reverse includes the denomination surrounded by a laurel wreath. In 1876, the mintage for this particular coin was approximately 2,530,000, making it a relatively common date in the series, but condition can significantly affect its value among collectors. Coins from this era can vary widely in grading, from well-worn pieces showing their age to those in uncirculated condition, which command higher prices. This Shield Nickel not only serves as a currency but also as a historic artifact, representing American values and the evolution of its coinage. Whether for investment, collection, or educational purposes, it stands as a tangible link to the past in the history of money in the United States.