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.
Based on its relatively high mintage of 2.178 million pieces, one might think the 1923-S Walking Liberty half dollar would not be a difficult coin to obtain. The 1923-S, however, was the only half dollar produced between 1921 and 1927. It was thus in great demand in the channels of commerce, making high grade pieces, including Extremely Fine, About Uncirculated, and Mint State, difficult to acquire today. Gem and better coins are especially elusive.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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