The NGC Universal ID is a four digit alphanumeric that groups coins based on a unique combination of date, mintmark, denomination and striking process (MS, PF, or SP). These IDs are a simple organization of all coins prior to variety attribution and grading.
One of the effects of reinstating specie payments and returning silver to active circulation in the mid to late 1870s was the sudden return of massive quantities of U.S. coins to the country. These silver coins had been exported after specie payments were suspended early in the Civil War. Since the Mint had its hands full distributing these coins, as well as churning out vast quantities of the new Morgan Dollar, Seated Dime production was fewer 50,000 coins each year from 1879-1881. Furthermore, no coins of this denomination were struck at the branch mints until the San Francisco facility returned to the fray in 1884.
The 1879 was produced to the extent of just 14,000 business strikes and 1,100 proofs. While Dimes of this date are more common than these mintage figures might suggest, they are immensely popular among specialists. The proof delivery is also a noteworthy condition rarity in the highest grades.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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