Numis Network Review – Are the Numis Network Graded Silver and Gold Coins Worth the Money?
The Numis Network is a network marketing company that markets silver and gold numismatic bullion coins.
I've invested tens of thousands of dollars in the same type of silver and gold coins that Numis sells. In fact I have 7 Silver Eagle coins on my desk in front of me, to remind me to work hard towards my goals.
I believe that people should invest in these type of coins to potentially profit as metal prices rise, but more importantly, for protection as the dollar is being devalued so much that it could eventually fail.
What I don't believe in is PAYING TOO MUCH for your investments. When you purchase modern silver and gold numismatic bullion coins from a reputable dealer, you pay the spot price (the current price of that precious metal) plus a small commission.
So is an ANACS MS70 graded 2009 Silver Eagle worth 5x more than a non-graded 2009 Silver Eagle?
* Numis charges $125 for their ANACS MS70 2009 Silver Eagle.
* A non-graded 2009 Silver Eagle is $20.
The answer is NO...
Each coin is basically worth the SPOT PRICE of the precious metal content.
Don't believe me? Take a new 2009 ANACS MS70 Silver Eagle to a local reputable dealer and see what they will pay you for it.
The grading of modern numismatic bullion coins is practically WORTHLESS and the only real benefit is that the coin has been certified to be real and it's in a protective plastic slab.
The reason companies now grade newer coins is because they get paid for every coin graded and they've SOLD OUT for profits. How hard is it to grade a new coin?
The grading system was developed to set a standard for evaluating the worth of OLD coins such as silver Morgans or gold St. Gaudens.
Numis Network says that "Graded silver and gold numismatic coins are not ordinary, they are special. The value of these collectible coins is based not only on their precious metal content, but also on rarity, collector demand, and their actual condition."
* The precious metal content is the current silver spot price for one troy ounce of silver, which is $18 right now
* There have been HUNDREDS OF MILLIONS of Silver Eagles minted in the last decade, so they are not rare.
* Serious coin collectors have no interest in paying 5x the spot price of the precious metal content, for a coin that is not rare.
* Of course the condition of new Silver Eagles is pristine... they just got STAMPED at the mint. What would you expect?
So the only real value an ANACS 2009 MS70 Silver Eagle has is its silver value, which is $18.
That would mean that a Numis Network customer would have paid $125 for a coin that will only sell for $18 at a reputable dealer.
And since it's not a rare, 'collectible' coin whose value will go up significantly over time, the only way for them to recoup their investment is to wait for silver prices to rise above $125; or to sell it on eBay to someone else who is IGNORANT about silver coin terminology and values.
So is there a Numis Network scam?
Hopefully the above information has helped you get the information you need to draw your own conclusions.
This article was written by David Wilcoxson who wants to help people get accurate information to make informed decisions about their home business. Click here to read the comments from my Numis Network Review blog post.
For more information on how you can generate MLM leads, earn affiliate income and build your primary business opportunity, click on MLM Lead System.
Coins Worth Money – Why Silver Numismatic Coins?
Individuals who invest in gold and silver do this for two main rationales: (1) to develop wealth; (2) - to protect wealth. Creating wealth is guaranteed by the reality that the cost of gold and the value of silver have progressively gotten higher over the past decade and will still increase, according to analysts. So, by procuring gold and silver, one would make sure that the his or her money's worth would grow over time - not like the value of cash kept as such, irrespective of the currency. The value of gold and silver is preserved all the more in years of disaster - economical, political or social crisis, as there has always been a bigger request for precious metals in such periods. This only goes to strengthen the second motive why you, or I, or any person would need to acquire gold and silver - keeping wealth: gold and silver are a reliable asset which would protect the wealth you have created against inflation, currency-based crisis, foreign exchange market decline, national debts or armed hostilities.
You might think that gold and silver assets are the prerogative of rich people, and that ordinary people have no access to this privilege. You couldn't be farther from the truth. Because nowadays, apart from investing in gold bars and silver bars, which would involve an amount of money, anyone can invest in gold coins and silver coins - the so-called bullion coins. You can generate your wealth in your own rhythm, and simultaneously be certain that you guard it, all these while taking pleasure in what is called the passion of kings: coin collecting.
Let us clarify first a frequent confusion: when you first search the internet for gold coin collection or silver coin collection, you may discover websites that advertise collector coins or numismatic coins and sell them at high premiums when you consider their gold/silver percentage. Bullion coins, on the other hand, have the plus of selling at small prices considering their gold or silver content, thus making the best gold or silver investment.
Bullion silver coins and bullion gold coins are kept as a collection of value and not utilised in day-to-day trade. The official bullion coin in the United States, manufactured by the United States Mint, is the American Eagle Series, available in gold, silver and platinum. For Canada, the Canadian Maple Leaf series constitutes the official bullion and it is also presented in palladium.
American Gold Eagles are the preferred gold investment of millions of investors, which has made them the most widely sold gold bullion coins in the world. Have you ever questioned how hard it is to purchase an American Gold Eagle or an American Silver Eagle MS70 Certified Coin? In fact, it is very easy. Numis Network makes this opportunity real, for you, your friends and your relatives. You would most likely be even more pleased to find out how this opportunity is exceptional and how you can also enroll in a financially rewarded program, all this while taking pleasure in a new hobby and while generating, accumulating and saving your wealth.
PS... Numis Network allows you to build wealth, guard wealth all the while enjoying the pastime of kings - coin collecting.
Kenny has helped thousands build wealth through mlm and online marketing and preserving it through Numismatic Coins If you want to learn the simple strategies that have allowed Kenny Gregg and thousands of his students to breakthrough, visit his MLM Secrets To Success
Silver coin unearthed in Britain is oldest piece of Roman money
Silver coin unearthed in Britain is oldest piece of Roman money
London, January 30 : Reports indicate that a slightly worn silver coin dug up in a field is the oldest piece of Roman money found in Britain, dating back to 211 BC.
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