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 1853-O is, hands down, the most plentiful Type One New Orleans Gold Dollar in today's market. On the other hand, the majority of examples offered are in circulated or low Mint State grades, and precious few survivors from the 290,000-piece delivery approach the Gem level in terms of either technical quality or eye appeal.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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