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 1889 is a curious issue regarding what has been published about its relative rarity. Only 48 proofs were originally produced. Taglione estimates that fewer than 30 examples known, 5 of which have remained in the same Philadelphia estate since the turn of the century. He also states that the 1889 is 'not more rare in absolute terms than the 1881 or 1885 Proofs.' On the other hand, Akers says he has seen fewer 1889 proofs than 1881 or 1885 dated coins. Where does the truth lie? In our experience we would have to concur with David Akers as we have not offered an 1889 proof in at least eight years (10/03), and we have sold several of the other dates on multiple occasions.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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