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.
For mintages of Liberty double eagles at Philadelphia in the 20th century, there is little middle ground, mintages are either million-plus, as is the case with the 1904 and 1907 issues, or lower six figures and below. With its mintage of 58,919 pieces, the 1905 is part of a trio of issues with five-figure production, along with the 1902 and 1906. One may surmise that the over 6 million double eagles Philadelphia coined in 1904 crowded out the possibilities for large mintages in the next two years.
Many survivors from this issue come from overseas sources, as Garrett and Guth note, 'Most of the coins seen have been plucked from gold shipments that have returned to the United States in recent years. The average coin grades AU-58 to MS-61.' The population data are consistent with those from other repatriated issues. For a number of years, MS64 was the best condition known for the issue. Among other authorities, Garrett and Guth, in their 2006 edition of Encyclopedia of U.S. Gold Coins, stated that 'none are known' in MS65. The appearance of a Gem is a recent development.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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