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.
As an issue, the 1860-O (1.2 million pieces produced) is not particularly rare in Mint State. (Wiley and Bugert, 1993, assign the date a Low R.4 rating in all MS grades.) In Gem, however, the '60-O is conditionally rare.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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