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.
Although many 1872 Seated Quarters may have been melted after Congress passed the Mint Act of February 12, 1873, we do not know whether or not proofs were affected. We do know, however, that, while more common than similarly dated business strikes in higher grades, the proof 1872 is a significant rarity in grades above the Choice level.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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