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 1921-dated Morgan dollars, struck after a hiatus lasting more than a decade and a half, show a number of small design changes from their predecessors. In 1910, the old hubs used to make Morgan dollar dies had been destroyed, as the Mint had seen no need for them in the future. The revised Morgan dollar design of 1921 is properly credited to Morgan, though as Q. David Bowers notes, John R. Sinnock also played a role.
NGC population figures reveal an abundant supply of coins through near-Gem, after which the number of specimens decreases significantly. The 1921-D tends to be weakly struck. David Bowers (2005) writes: "Sharply struck pieces are in the distinct minority and will require extensive cherrypicking to find."
Prooflike 1921-D dollars are more a matter of chance rather than intention, meaning, that they are probably a result of the use of new dies rather than polishing previously used ones.
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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