Flea market vendor, "better" coins
logger7
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"Ricardo" has these two coins, a 1928 Peace dollar he calls "MS64" and an 1882 Morgan he thinks may be a "proof".






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The big concern about 1928-P dollars is a removed mint mark. I can’t tell from the photos.
The 1882 is not a Proof.
Once in a while I can do some buying with "Ricardo" at the indoor market. My guess on the 1882 is that it is pl "enough" if the surfaces merited a straight grade after a dip in acetone. He's a member of a local club, so I doubt the Peace dollar has an altered mm.
Just seeing the abused 1882 with the described condition and price would be enough to indicate the dealer is a full clown… and then I would move on.
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All I have to hear is "flea market" ...
Would you move on if he were just half of a clown?
Yes, but only at half speed. Full steam ahead with this one, no offense meant to “Ricardo”, but he may consider keeping his day job.
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His day job is a pastry chef.
And I agree.
Based on those 2 coins, I wouldn't trust them to not be chocolate. Just because he's a member of a coin club doesn't mean he's not a clown.
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These two coins for $4500. Hmmmmmm, Flea Market, Clown, pastry......maybe just go buy a donut.
"Ricardo" wouldn't be getting my business
Lucyyyyyy!
All comments reflect the opinion of the author, even when irrefutably accurate.
"Ricardo" moonlights on the weekend with the other indoor flea market vendors, his regular job is as a plumber so if your shower or toilet is clogged--he's your man. He doesn't do much business, I may have done more business with him than others because his sky high pricing and hustle routine is usually a deal killer.
It sure is difficult to grade and price coins when you’re distracted by fleas… those things are super annoying.
For The $1500 asking price

The 1928 should be in a slab.
What would be the reason it isn't...BINGO.
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When I see the offerings of a seller like that, I will sometimes check a little more to see if maybe they missed something on other coin(s).
MS64 is within the realm of possibility for the 1928 Peace Dollar.
The 1882 Morgan Dollar has glue or something all over it (and it is not a proof, of course).
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That clearly says "M564"
Absolutely should have been sent to grading but Ricardo pulls out the usual bs about grading being subjective, a waste of money, etc., etc.. Dealing with him is like wrestling with a greased pig. He said he's "now" ready to lower his prices after in the past being totally unreasonable and very hard to get him down to a reasonable price on things.
How does he treat the hagglers and tire kickers 😁
Sort of reminds me of my old dealer friend, that I sometimes helped, who kept trying different tacks. For a while he’d put high grades and sky high prices on his stuff, but when asked for a best price, would invariably knock 50% off, sometimes more.
If people felt they were getting a big discount, sometimes they’d pull the trigger. I said to me it’s off putting, because if I didn’t know him I’d think he was nuts and would just move on.
Many years ago, I bought a 1928-P Peace $ at a flea market for $100 that graded MS-63 at Anacs.
He doesn't have many people willing to haggle with him; as he has jewelry, he'll negotiate a little then tell them he can't do better. I have more of an academic style of thinking which doesn't serve me well with those who are all instincts and street smarts and cunning. Next time I'll show him Greysheet on coins I'm interested in, say 10% back on certifieds and less than that on raw coins based on my grading not his, nor based on the numbers he brings up on ebay as his smartphone is not an accurate basis to reasonable pricing or past sales.
I have major concerns when seeing 4 figure coins (other than gold) in 2x2’s regardless of who is selling them. Especially ones like these that are susceptible to alteration or misrepresentation.