$48 too much. You can buy the same coin from the "J-Man" for two bucks (and free shipping all the way from Peking); it even has the same markers... and don't worry, the "REPLICA" stamp won't be there (unless you specifically ask for it). http://cgi.ebay.com/Replica-1801-Draped-Bust-Dollar-with-edge-COPY_W0QQitemZ350310493549QQcmdZViewItemQQptZCoins_US_Individual?hash=item519021ed6d
I believe these "second tier" forgeries are a copper-nickle mix, pretty close to correct weight... but you can also buy the "top tier" replica (90% silver, correct weight, using laser cut dies) for around $29; these coins fooled about half the dealers at the 2008 FUN convention (according to Susan Headley's article in Coin World).