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.
Like the other P-mint Motto Seated Quarters from the 1860s, the 1869 was produced in limited numbers as a business strike (in this case, only 16,000 pieces). As a result, date collectors seeking to complete high-quality sets are often forced to call upon exceptionally well preserved proofs to represent this issue. Only 600 proofs were minted.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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