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.
Glancing at the mintage of this third year issue, over 14 million pieces, one would tend to underestimate the scarcity of Gems with a full head designation. While we find Cline's estimate that only five percent of Mint State survivors are sharp enough to meet this criteria to be a bit on the low side, it is nevertheless surprisingly difficult, especially following the striking excellence of the 1917.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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