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 issue would seem to be underrated at the MS64 grade level, based upon a cursory examination of population data from the two major coin grading services. The population drops precipitously above Select Mint State, such that the number of Choice examples is a fraction of their MS63 graded counterparts.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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