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 1850-O, with a mintage of 141,000 pieces, was the first double eagle struck at the New Orleans Mint. This, and its status as the first-year regular-issue twenty dollar gold piece, places it in strong demand. Most examples are in the VF-XF grade range, where a little more than 200 pieces have been certified by NGC and PCGS. An additional 150 or so coins have been certified in the various AU grade levels. Mint State 1850-Os are downright rare, as the population reports indicate.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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