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 1868 is a true 'sleeper' date among Type Two Double Eagles. It is reasonably scarce in all grades and rare in the middle About Uncirculated grades. It is easily the most difficult Type Two issue from Philadelphia in high grades and can be regarded as a true rarity in Mint State with just seven to nine pieces known. The only Uncirculated 1868 to sell in many years was the Dallas Bank Collection: 48 coin, which realized $16,100. It was subsequently graded MS 62 by NGC.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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