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.
The 1892 is a well-known and highly respected issue in the Type Three series. Only 4,523 business strikes were produced, with another 93 proofs struck. The rarity and value of this issue are such that the mintmark has been removed from 1892-S coins in the past. It is reliably estimated that some 130-140 coins survive today in all grades. Most survivors are in XF-AU and Mint State coins are quite rare, especially above MS62. The 1892 is generally seen with numerous and heavy abrasions.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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