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.
Quarter Eagle production commenced at the San Francisco Mint with a paltry delivery of 246 pieces in 1854. The rarity of the 1854-S and the lack of an 1855-S delivery combine to make the 1856-S the first collectible U.S. Quarter Eagle from the California branch mint. Although collectible, the '56-S is anything but common, and even the limited original mintage of 71,120 pieces does not begin to explain the rarity of this date. Judging by current NGC and PCGS population data, the vast majority of survivors are worn to one degree or another.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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