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.
This is one of those truly rare San Francisco Mint early gold issues that, if it had a C, CC, or D mintmark, would undoubtedly garner a great deal more attention. At it is, it poses an enticing opportunity for astute numismatists who have developed an understanding for both how rare and underrated some of these early S-mint gold issues are. While not quite as rare as the 1866-S No Motto half eagle, which is unknown in Mint State, the 1866-S With Motto is merely a great condition rarity--one seldom seen in high grades and extremely rare in Mint State. As most certified examples grade only about VF30, it is clear that most pieces circulated heavily on the West Coast soon after their issue.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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