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 healthy mintage of 1878 three dollar coins made the piece a type issue, produced to the extent of more than 82,000 coins. This was related to the reestablishment of parity between silver coins, gold coins, and currency, something that had not occurred for more than two decades previous to that time. But after parity was achieved, there was no need for the three dollar gold coins to serve any particular function. The mintage plummeted in 1879 to a mere 3,000 coins.
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