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.
This denomination is highly sought by numismatists and collectors today, and has been actively chased for decades. Proof examples are especially desirable for their added beauty and rarity. Just 76 Proofs were struck in 1882, and few of those survive today. In fact, we would be surprised if even half the mintage survived.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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