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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 comparatively high mintage (34,500 pieces) 1856-S was eagerly and extensively circulated in the bustling 1850s economy of the Western United States and is, today, considered a real find even in problem-free AU grades. Pieces grading mint state are of the utmost importance and rarity. Only a handful are known to exist, five or six at most.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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