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 1906 proof double eagles were produced to the extent of 94 coins. By 1906 there were many more collectors of means than even a decade earlier, and sales of the proof double eagles would have been much higher. It is possible that most of the 94 coins produced actually found buyers by 1906 (the Mint regularly melted unsold proof coins without reducing reported production figures), although time and attrition took their toll later on.
Garrett and Guth in their Gold Encyclopedia offer this concerning the issue:
'The 1906 double eagle is a very rare issue in Proof. Of the 94 coins struck, there are probably just 45 to 50 coins known in all grades. Most of the coins seen of the date are of PF-64 quality. For some reason, many pieces are softly struck on the reverse. Gem examples are also seen less often than many of the dates from 1898 to 1905. There is also added desirability due to the rarity of circulation-strike examples.?
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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