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.
Collectors are fortunate indeed that the 1847-C quarter eagle has a generous mintage compared to most C-mint quarter eagles, at 23,226 coins. They are doubly fortunate, in that the issue is also much better-produced than the typical C-mint quarter eagle. Mint State examples are nonetheless rare, but Winter points out that they are 'far more available in Uncirculated grades than any other quarter eagle from this mint.' Winter estimates that 16-18 coins are Mint State, and lists numerous MS64 pieces at the top of his Condition Census from 1998.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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