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.
Only 1,390 business strike Liberty Head double eagles were minted in 1891, supplemented by 52 proof examples. Despite the minuscule production figure, the 1891 has been overshadowed by the rare dates of the 1880s, and the true rarity of the issue has never been appreciated. Few numismatists were interested in collecting double eagles in 1891 and the tiny supply of proof issues was undoubtedly adequate to satisfy contemporary demand. In their Encyclopedia of U.S. Gold Coins 1795-1933, Jeff Garrett and Ron Guth comment:
'Most of the important collections of previous generations did not have a circulation-strike example of the 1891 double eagle. Collectors considered a Proof example to be preferable and not a distinctly different issue. Modern numismatists now realize the importance and rarity of many previously overlooked Philadelphia issues. The 1891 double eagle is a prime example.?
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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