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 1843 is a large mintage Seated dollar with a production of 165,100 pieces. It is curious that this date is so common in circulated grades and so rare in the better grades of Uncirculated. When Bowers wrote his dollar book in 1993, he quoted a much earlier article by Bruce Amspacher who stated (in 1982): 'But with a mintage of over 165,000 one (MS65) has to exist somewhere, doesn't it?' Well, not necessarily. None have been certified by either of the major services to date (6/08).
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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