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.
Coinage of silver dollars was halted in 1928 after the bullion purchased from Western silver mine owners was exhausted. The silver dollars of 1934-1935 were coined from silver acquired under various authorizations, including the Act of May 12, 1933 empowering the government to accept silver on war debt accounts for conversion into silver dollars, President Roosevelt's proclamation of December 21, 1933 mandating that the mints coin silver dollars from newly-purchased Western mine bullion, and the Silver Purchase Act of June 18, 1934 ordering the Treasury to buy silver worldwide until its market price reached $1.2929 per ounce (a figure considered to be the standard value of silver for many years), or until the monetary value of the Treasury's silver holdings reached 1/3 of the value of its gold stock.
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