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 1854-S is a paradox. In lower grades it is highly touted as the only S-mint Type One gold dollar, and its scarcity is often overstated. However, at the Gem level it is virtually ignored by specialists, undoubtedly because its extreme rarity at this level prevents it from being promoted.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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