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 1874 is one of the more frequently encountered Type Three gold dollars. It is also a logical candidate for a type set as hundreds of examples are available in mint condition. It is not until one reaches the MS65 level that the 1874 begins to show a relative degree of rarity.
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