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.
The brief production of the Twenty Cent piece seems rather predictable today. The ill-conceived denomination was a dismal failure in terms of practicality, being neither needed nor wanted. However little sense it makes to have a One Cent coin today, it made even less to push a Twenty Cent coin down the public's throat in the 1870s. Nevertheless, the expanding economy in the Far West was so strong during this period and the need for small silver coinage so great that even this albatross managed to circulate rather extensively. Still, the novelty of this first year issue and its comparatively high production of over 1.1 million pieces meant that a fair number were set aside for posterity, perhaps several thousand coins in total.
The typical 1875-S in Mint State has been rather carelessly preserved or poorly produced, often displaying substandard luster and noticeable softness on the major design elements (particularly the eagle's left wingtip). As a result most fall into the MS62-63 grade range and it is unusual to find an example that surpasses the Choice level.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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