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 1837 quarter eagle issue by any measure is the rarest, most elusive, and priciest of the first four Classic Head quarter eagles, one that shows an extremely steep price/condition curve as the higher Mint State levels are ascended, from MS62 to MS63 to MS64 to MS65. The mintage was recorded at only 45,080 pieces--but Mint history makes it clear that to assume all of those coins were dated 1837 would be an enormous leap of faith. The nominal mintage is nonetheless several times less than the previous three years' issues.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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