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 quarters of 1873 come in three distinct varieties: the 1873 Closed 3, the 1873 Open 3, and the 1873 With Arrows. Of these variants, the last has the highest mintage, with over a million pieces struck, and the 1873 Open 3, though it has a mintage of only 172,000 coins, is one of the most available Motto quarters issues in Mint State. The 1873 Closed 3 version, however, is highly elusive, with a total production of just 40,000 business strikes, and most survivors showing a degree of wear.
Though the 1873 Closed 3 remains an underrated issue in most grades, connoisseurs are aware of how elusive the issue is in Mint State condition.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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