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.
Jeff Garrett: The 1924 Double Eagle is easily the most common date of the series. Nearly 10% of the large mintage of over 4 million coins has been graded by the major grading services. NGC has graded over 100,000 coins in MS 64 alone! Much of Europe was in financial distress around this time and large quantities of this and other dated Double Eagles were sent overseas for international banking transactions. Many sat there for decades and large numbers continue to find their way back to the United States each year. Luckily, the abundance of coins available makes this a great candidate for a Type coin of the issue. NGC has graded two coins as MS 68, the last of which sold at auction for $48,875 in 2005.
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