However, there's a fascinating story behind the 1804 Silver Dollars. They were not actually minted in 1804; rather, they were produced in the 1830s as diplomatic gifts for foreign dignitaries.
Second Reverse: The term "Second Reverse" refers to a modification in the design on the reverse side of the coin.
Restrike: The coins known as 1804 Draped Bust Silver Dollars are all restrikes. They were struck using original dies, but they were produced at a later date than the initial 1804 issue.
Class III: The "Class III" classification is part of a system created by numismatists to categorize different striking variations of the 1804 Draped Bust Silver Dollar. Class III typically includes those restrikes produced for collectors and later offered to collectors.
The 1804 Silver Dollar is highly sought after by collectors and investors due to its rarity and historical significance. The term "Class III" is part of the lore surrounding these coins and denotes a specific grouping in the classification system.
If you have a coin fitting this description, it is advisable to have it authenticated and graded by reputable numismatic experts or professional grading services.