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.
Produced in an era when gold coins circulated widely on the frontier, the 1860-S started as a low mintage issue with just 35,600 pieces struck. Since most coins entered circulation and remained there until lost, it is not surprising that only 150 pieces are believed extant in all grades.
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