| The Draped Bust Silver Dollar was minted under | | | | willing to spend much to own one. |
| the Coinage Act of 1792 and is one the earliest | | | | But because of its popularity and the high price |
| coins among the official currency of the USA. It | | | | that it could command, antique silver dollar fakes |
| would cost an absolute fortune to own genuine | | | | have also proliferated. Auction facilities online are |
| pieces of these antique coins. | | | | often the outlets for such counterfeit coins as the |
| There were two types of these Silver dollar coins | | | | sellers could easily hide under anonymity. |
| produced by the US Mint from 1794 to 1803, | | | | Fortunately, population auction houses like eBay |
| each different from the obverse side. The first | | | | are doing some efforts to stop the unscrupulous |
| issue is called the Flowing Hair manufactured for | | | | practice by stopping sale of those coins |
| only two years, 1794-1795. The second is the | | | | determined to be fake. Still, the auction may |
| Draped Silver Dollar which came out for a longer | | | | proceed if the seller declares that the coins being |
| period, 1795-1804. | | | | sold by bidding are replicas. It would only be illegal |
| The Draped Silver Dollar also features two | | | | to own counterfeit coins if the intention of the |
| varieties in its reverse design. These draped silver | | | | owner is to pass them off as real. |
| coin types are the small eagle which was minted | | | | An authority at the American Numismatic Society |
| 1795-1798, and the heraldic eagle struck in | | | | advises that those who chose to collect |
| 1798-1804. | | | | counterfeits or replicas should clearly label them as |
| All dates of mintage between 1795 and 1903 | | | | such to prevent these from being sold |
| have different variety classifications because the | | | | inadvertently as genuine coins later. For indeed, |
| dies in those days were done by hand engraving. | | | | there are still many gullible ones who would not |
| The varying nuances in the draped bust silver | | | | check and just think that theyre buying the real |
| dollar design and its vintage pedigree have created | | | | rare draped bust silver dollar. |
| a certain mystique among coin collectors who are | | | | |