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.
Despite a mintage of only 125,830 pieces, the 1903 eagle has little price pressure in most grades, since the issue has a high survival rate in Mint State. Still, it poses a significant challenge in better grades. As Garrett and Guth note, 'MS-63 examples are scarce but not rare. Several dozen MS-64 examples have been certified, but only a tiny handful of these coins have earned the coveted MS-65 designation.'
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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