Numis Network MLM : Coins WAY WAY Overpriced!!!
Numis Network MLM : Coins WAY WAY Overpriced!!!
Numis Network is now marketing their silver and gold numismatic bullion coins through network marketing. Every year there are in fact people who invest thousands of dollars buying up the exact same type of coins. Would you believe the coin industry is well into the billions. We have decided to dive a bit deeper and figure out what Numis Network is all about.
Without a doubt people should be taking there hard earned dollars and making some investments into such coins. If you follow the news at all I’m sure you have heard US currency is tanking and some countries aren’t accepting our money. It’s nothing more than paper loaded with debt. In short, our dollar does not come close to what it was once worth. Economists are actually saying that the dollar is being devalued so much it could be worthless in the future.
It only makes sense that precious metals (gold silver etc) would be going up in value if our currency is going down the drain. If you think that is what happened you thought right. What I am completely against is paying more for an investment no matter what the product or service is. That is a BIG PROBLEM with Numis Network. They are charging their customers and distributors way over the market value for their coins. Reputable dealers charge spot price (going rate) plus a small commission. This is way below what Numis is charging. Do the research yourself.
So why is the Numis Network charging 5x more for the ANACS MS70 graded 2009 Silver Eagle? Is it really worth paying that much more than a non-graded 2009 Silver Eagle?
***Numis Network charges 5 for ANACS MS70 2009 Silver Eagle.
***Non-Graded coins with same amount of precious metal selling for a cool
So why the heck is Numis Network charging five times the amount for the same exact amount of precious metal as the non-graded coins? It really doesn’t make sense and people are starting to see it.
Maybe your already a Numis distributor this is the first time someone is telling you this. If you don’t believe me I want you to bring your 2009 ANACS MS70 Silver Eagle to a local coin dealer not a pawn shop. Ask them what this coin is worth. Would you believe the “grading” of these modern coins is WORTHLESS. The fact is that the only benefit you have with Numis Network is that the coins are real. Oh ya, and they come in a protective plastic slab. For an extra I can buy coin cases at Walmart and save . I think I’d rather go that route.
Your probably asking yourself why do these companies grade coins. Yep, you guessed it, they get PAID for EVERY COIN graded and they’ve SOLD OUT for profits. So how hard is it to grade coins?
The so called grading system was implements for companies like Morgans or gold St. Gaudens. There had to be a set standard for evaluating the worth of OLD coins. Tell you what, find a mlm that has OLD coins for this price and I’M in. Unfortunately you won’t find any.
So lets dive just a bit deeper. Why is Numis Network saying they have rare collectable coins? Is there anything special about these coins? We think NOT.
Once again, collectable coins are based on their precious metal content and also rarity, collector demand, and the condition they are in. How does Numis compare in comparison?
- Fact number one. It cost for one troy ounce of silver
- HUNDREDS OF MILLIONS of these silver eagle minted coins were produced in last decade. They ARE NOT rare by any means.
- Serious coin collectors would NEVER pay 5x the spot price for a coin that is not rare. Precious metal content is precious metail content period.
- Silver Eagle is pristine… They just got STAMPED at the mint. Would you expect anything less?
So ANACS 2009 MS70 Silver Eagle sure does sound good but the fact is that it is worth no more than . What this means for the Numis customer they are paying 5 for something worth . Not a scam but a definitely a RIPOFF.
These coins are not rare and the value will not go up significantly over time. So the only real way to recoup your money is to wait for silver prices to rise above 5; or try and sell it to someone on ebay who knows nothing about coins.
Josh Paiva is an expert in evaluating network marketing companies and can help with your question regarding Numis Network Coins or starting your very own online business. For answers click here MLM Secrets
What You Need To Know About Coin Collecting
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Military coins are important to the unit that issues them because they are used to identify members of the unit. Find out how military coins were often used in place of US currency with help from a second-generation numismatist in this free video on military coins. Expert: Brian Kuszmar Contact: www.thecoinbroker.com Bio: Brian Kuszmar is a second-generation numismatist, and the owner of Commercial Rare Coins LLC in Lauderdale By The Sea, Fla. Filmmaker: Paul Muller
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