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 1865 proof five is obviously very rare, with a mintage of only 25 pieces. Of that number, only 10 specimens are believed to be extant today. Its rarity and desirability are further enhanced by the rarity of 1865 business strikes, of which a mere 1,270 pieces were produced.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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