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 Philadelphia Mint was the sole producer of quarter eagles in 1874, and the combined business strike and proof mintage amounted to a mere 3,960 pieces. Despite this limited mintage, the 1874 is remarkably affordable in most circulated grades. At the finer levels of Mint State preservation, however, the 1874 is just as rare as its original mintage would suggest.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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