1804 Draped Bust Silver Dollar: Second Reverse - Restrike - Class II 

The 1804 Draped Bust Silver Dollar is one of the most famous and valuable coins in American numismatics. However, it's important to clarify that no Draped Bust dollars were struck in 1804.  

The last year of production for silver dollars bearing the Draped Bust design was 1803. The 1804 dollars that exist today were actually struck many years later as part of special sets called "restrikes." 

The 1804 Draped Bust Silver Dollars were struck as diplomatic gifts rather than for general circulation. They were included in sets of coins known as "proof sets" or "presentation sets" that were given to foreign dignitaries as diplomatic gifts.  

1. Originals: These were struck in 1834 as part of a diplomatic mission to Asia. Only a few of these are known to exist, and they are exceedingly rare and valuable.

1. Class I Restrikes: These were struck around the same time as the originals, in the 1830s, but were not officially recorded until 1858. They were produced specifically for collectors and are also extremely rare.

1. Class III Restrikes: These were struck in the 1850s for collectors and are the most common type of 1804 Draped Bust Silver Dollars. However, "common" is relative, as they are still incredibly rare and valuable coins.

The "Second Reverse" designation you mentioned refers to a particular type of Class III Restrike. The reverse of the coin features an eagle with a heraldic shield, and there are two known varieties of the design.  

As you immerse yourself in the $120,000 quest for rare Bicentennial Quarters, you quickly realize that every coin tells a story. Each Bicentennial Quarter you examine carries with it a piece of American history, commemorating the nation's bicentennial anniversary with its unique design and symbolism. 

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