A seller has approached me with a 1984 Jamaica Proof set of which very few, 335, were produced. I am trying to determine a fair price to pay but there are zero comp sales that I can find anywhere. I’d love some input from anyone familiar with such low mintage sets. A few are listed on eBay but aren’t moving. Thanks!
Personally if you like the coins I would pay spot silver + 50% as silver is likely to increase by the time you sell (hopefully) . I’ve learnt that low mintage doesn’t mean a lot when issued by mints like Franklin Mint who churn out hundreds of issues. If there is some association with Jamaica or that is your niche what you pay may defy value but if you love them, so what?
It would be tough to sell for more than spot unless you can find someone that has to have it. That said, if you are planning on keeping it you could go over. Silver price alone should let you make money on it in the near future.
Yes, although it's low mintage it's minted by The Franklin Mint and their name doesn't get too much respect anymore unless it's gold, of course. Except from this seller trying to ripoff someone who don't know any better! https://www.ebay.com/itm/137351157592
