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 Mint began its production of silver coinage in October 1794 with the dollar. After the coining of approximately 2,000 dollars, however, it became apparent that the largest press on hand was not powerful enough to completely strike up the design. Mint Director David Rittenhouse thus decided that half dollars be struck while the Mint was making arrangements for the construction of a larger and more powerful press. According to Mint records, 5,300 Flowing Hair half dollars were delivered on December 1, 1794 under Warrant number 2. Then, according to a November 26, 2002 Numismatic News article by researcher Robert Julian: '... a key piece of machinery broke down and it was some weeks before repairs could be completed.' The next half dollar delivery occurred on February 4, 1795 with 18,164 pieces, per Warrant number 3. These were presumably dated 1794, giving the 1794 Flowing Hair half dollar a total mintage of 23,464 pieces. Julian estimates that between 250 and 350 specimens survive, most in 'well-worn condition.?
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