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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 1875-S Trade dollar sported a mintage of 4.487 million pieces. David Bowers, in his Silver Dollars & Trade Dollars of the United States, indicates that: 'While the majority of such coins were exported, thousands went into circulation on the West Coast ... where they traded at face value in commercial transactions.' The issue is relatively available in Mint State, especially through MS64. Bowers even considers MS65 pieces obtainable: 'In MS65 the 1875-S is the most available of all Trade dollars. I estimate that 75 to 150 or more exist.'
Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.
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