Obverse Dies: 16 Known With Type I Reverse and 5 Known With Type II Reverse
Starting in 1876, two different reverse hub styles appeared and were entitled Type I and Type II by Kam Ahwash. The different reverse hubs were used by all mints from 1876 through 1878, except for the 1877 coinage produced at the San Francisco mint.
1876 Philadelphia coinage is common in all grades. The Type I reverse is very common while the Type II reverse is considered
Plate Coin: Fortin 116, Type I Reverse, White Luster With Hints Of Gold At The Rims, Significant Obverse Die Scratch On Liberty, Doubled Die Reverse and Clashed Dies
In 1876, employees at the Philadelphia Mint produced a near-record number of Dimes -- over 11 mllion, second only to the massive mintage of over 12 million in 1853. If all mints are considerd, 1876 was a banner year in which over 30 million Dimes flowed out of Philadelphia, San Francisco, and Carson City. This was a record production that far outstripped any previous year. According to Walter Breen, this reason for this extra production was to replace the 10C Fractional Currency notes still in circulation.
As might be expected, the 1876-P Dime is a very common coin, and one which can be found with ease in top conditions. Gems, even up to MS66, are fairly plentiful (the PCGS CoinFacts Condition Census starts at MS66). In Superb condition (MS67 and better), the 1876 Dime becomes very rare. The finest example appears to be a single NGC MS67+, but the price record belongs to a PCGS MS67.
In 1876, William Barber created a new hub, thus two different reverses appear on 1876 Dimes. On the old, Type 1 reverse, the ribbon on the left side of the reverse has a split end with two points; on the new, Type II reverse, the ribbon on the left side of the reverse comes to a single point.
Bob R. Simpson Collection - Heritage 9/2010:3697, $1,840 - Heritage 7/2011:3413, $1,495 - Heritage 1/2012:5489, $1,265
Heritage 12/6/2015:7355, $763.75