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.
Starting in 1896, Morgan Dollar production returned to pre-1893 levels. With the sole exception of the 1899, every issue from 1896 through 1921 would have a mintage of more than 1 million coins. As an issue, the high mintage (9.9 million pieces) 1896 is among the more common Morgan Dollars on today's market. Circulated examples abound, and even Gems are obtainable for a modest sum. Above the MS66 grade level, however, the 1896 develops into a true condition rarity.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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