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.
In order for the operational mints to conform to the terms of the Bland-Allison Act of 1878, production of the other silver denominations had to take a back seat to the Morgan Dollar. For the Seated Half this meant an era of limited Philadelphia Mint deliveries that spanned from 1879 through the end of the series in 1891. The former year witnessed the production of only 4,800 business strikes and 1,100 proofs. Catalogers and other numismatists who overstate the rarity of these deliveries seem to forget that the limited mintage figures were recognized at the time of delivery. As such, many examples were set aside for posterity. On the other hand, few that were have survived with truly pristine surfaces.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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