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Flea market vendor, "better" coins

logger7logger7 Posts: 9,658 ✭✭✭✭✭
in U.S. Coin Forum

"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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    logger7logger7 Posts: 9,658 ✭✭✭✭✭

    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.

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    291fifth291fifth Posts: 25,184 ✭✭✭✭✭

    All I have to hear is "flea market" ...

    All glory is fleeting.
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    USMarine6USMarine6 Posts: 2,093 ✭✭✭✭✭

    @PeakRarities said:
    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.

    Would you move on if he were just half of a clown? :D

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    PeakRaritiesPeakRarities Posts: 4,858 ✭✭✭✭✭

    @USMarine6 said:

    @PeakRarities said:
    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.

    Would you move on if he were just half of a clown? :D

    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.

    Founder- Peak Rarities
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    RedRocketRedRocket Posts: 1,547 ✭✭✭✭✭

    @PeakRarities said:

    @USMarine6 said:

    @PeakRarities said:
    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.

    Would you move on if he were just half of a clown? :D

    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.

    His day job is a pastry chef.
    And I agree.

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    jmlanzafjmlanzaf Posts: 41,388 ✭✭✭✭✭
    edited May 31, 2026 4:23PM

    @logger7 said:
    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.

    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.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    OnastoneOnastone Posts: 4,371 ✭✭✭✭✭

    These two coins for $4500. Hmmmmmm, Flea Market, Clown, pastry......maybe just go buy a donut.

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    LeeBoneLeeBone Posts: 4,845 ✭✭✭✭✭

    "Ricardo" wouldn't be getting my business

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    jmlanzafjmlanzaf Posts: 41,388 ✭✭✭✭✭

    @LeeBone said:
    "Ricardo" wouldn't be getting my business

    Lucyyyyyy!

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    logger7logger7 Posts: 9,658 ✭✭✭✭✭

    "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.

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    airplanenutairplanenut Posts: 22,706 ✭✭✭✭✭

    It sure is difficult to grade and price coins when you’re distracted by fleas… those things are super annoying.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
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    rte592rte592 Posts: 2,210 ✭✭✭✭✭

    @logger7 said:
    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.

    For The $1500 asking price :o
    The 1928 should be in a slab. :o
    What would be the reason it isn't...BINGO.

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    dcarrdcarr Posts: 10,062 ✭✭✭✭✭

    @PeakRarities said:
    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.

    .

    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).

    .

    Moonlight Mint
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    goodmoney4badmoneygoodmoney4badmoney Posts: 1,324 ✭✭✭✭✭

    That clearly says "M564" ;)

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    logger7logger7 Posts: 9,658 ✭✭✭✭✭

    @rte592 said:

    @logger7 said:
    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.

    For The $1500 asking price :o
    The 1928 should be in a slab. :o
    What would be the reason it isn't...BINGO.

    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.

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    Walkerguy21DWalkerguy21D Posts: 12,100 ✭✭✭✭✭
    edited June 1, 2026 6:26AM

    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.

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    TennesseeDaveTennesseeDave Posts: 4,901 ✭✭✭✭✭

    Many years ago, I bought a 1928-P Peace $ at a flea market for $100 that graded MS-63 at Anacs.

    Trade $'s
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    logger7logger7 Posts: 9,658 ✭✭✭✭✭

    @Walkerguy21D said:
    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.

    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.

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    KSorboKSorbo Posts: 172 ✭✭✭

    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.

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