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.
More than 260,000 pieces were struck of the 1848-P, but this issue is much scarcer than the mintage would suggest. It is also a conditional scarcity with pieces above XF seldomly encountered, indicating that most of the mintage was dropped into circulation and stayed there.
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