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.
Before the massive release of silver dollars in the early 1960s, the 1903-O Morgan was a key rarity in the series. Prior to that time, the number of thousand coin bags of the date that were held in Treasury vaults was unknown. The total may have been as high as 300 bags, or 300,000 coins. Most were in lower Mint State grades, with only a few Gem survivors.
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