The graders must've been drunk or stoned. Edit: or someone made a fake holder, etc. This is probably more likely. I hope.
No, it does not. 92-S is one that typically comes well-struck, so, unless this is some kind of die adjustment strike/super weak strike, I would be inclined to guess it's a fake slab and possibly a fake coin. I can't point to anything specific that gives either the slab or the coin away as a fake, however. OTOH, I have seen specimens of 92-O that were this weakly struck. I would not have been surprised to see an MS 92-O look like that at all. See https://www.cointalk.com/threads/the-truth-about-new-orleans-mint-morgan-dollars.56838/ for instance.
Its from Guam! No wonder why its so hard to find to find tough dates in the U.S., everyone overseas has em all. Darnit!