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.
When dime production restarted from its hiatus in 1922, mintages came roaring back. At Philadelphia alone, more than 50 million business strikes left the presses. David Lange noted in his Complete Guide to Mercury Dimes that '1923(P) is common in all popular grades, including full bands gem.'
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