any thoughts guys and gals?

Get over it dude. you have met a bullion dealer who wants to offer you spot for your metal.

Sell it on Ebay if you want to get the premium you are looking for. Unless you find a private buy who wants to buy your premiums, you are always going to give a chunk to the middle man. Ebay in this case. big deal. If it's worth it, then freaking do it.

 

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All dealers need to make a profit. Many times they will buy everything from you, to save you the hassle, then just turn around and wholesale it out to others who specialize in that area. If you want to sell to a dealer, usually the best price is selling to a dealer who specializes in those items. He is usually in the best position to offer you a little more. However, a dealer will always need to eat.

Btw, "low mintage coins" is always a VERY relative term. I have coins that maybe 10 exist, but that is ok since only maybe 5 of us collect them. Otoh a coin which millions collect, a half million mintage could be termed small. Never, ever, ever collect a coin because of "small mintage". Its the biggest error of newbies in the world coin arena, taking their US coin mintages and applying it to world coins. The demand is simply miniscule in world coins versus US demand, so saying, "its rare because only 5000 were minted" is simply not true. If only 500 are wanted, then 5000 is a very high mintage.

 

I do understand, that everybody needs there cut, but just spot, please....

 

The idea that number minted drives variations in value seems to have transferred over from U.S. numismatic rarities to bullion and especially foreign bullion commemorative coinage. Why does any national mint today offer any bullion metal coin ( Let's say the gold Kennedy ( .75 oz gold) at $1240 or a premium of about 33%) and expect it to sell well , unless they limit its number to get the speculators, dealers-TPGspecials, and the unsuspecting newbies to buy. So if 100,000 won't drive the pricing, lets try 50,000. But what if gold goes down? so lets try 40,000. But some countries use 10,000, 5,000, 1,000 or even less- Saw one that was limited to 100....In order to convince people that Value is ALWAYS proportional to mintage.

If you are a Kennedy collector, the price could be even higher if the mintage was lower as there aren't as many Kennedy collectors as say Lincoln. When Lincoln is removed from the cent, expect a 1/2oz gold Lincoln wheatback, maybe 100,000 mintage and 100% premium and they would still sell out. IMO.

Medoraman knows well this scheme~ US and Foreign mints.