Numis Network - Collect Gold and Silver Coins for Profit

[zoogieboogiedoo]

this is posibly the worst pyramid schemes ever

[chicagopc]

Numis Network is Cool! Coins are Cool! Collecting Gold and Silver is Cool! Our Numis Network team is cool. Gold is cool! Silver is Cool! Making Money Working from Home is Cool!  Selling Gold and Silver on Facebook is Cool! CASH to GOLD

is cool! get paid to sell gold and silver

[nashifab]

Bottom line whether common or not, it is a great opportunity and a great product. The economy is in the toilet and Im excited about putting money into something that increases as value over time.

[AnnoyedDragon]

If you are looking for protection from a weakening dollar; then you should invest in precious metals. Numismatic coins only have value because collectors have deemed them to have value, in terms of inherent value they are no different from any other coin. It's value is a promise, like the dollar.

In a hyper inflation scenario do you thing people care if a coin is MS70? Silver is silver is silver, ounce for ounce; you get better for your money from buying gold/silver bullion than numis.

[AnnoyedDragon]

American Silver Eagles are a common investment grade silver bullion coin, you can get several "perfect" ones in a freshly minted batch from anywhere.

Con...

[chicagopc]

@AnnoyedDragon

I don't understand your point, please elaborate? These are MS70 Graded American Silver Eagles ...so no... they are not "common"...and "you can get them from anywhere"...what does that mean? Are you saying these coins have no value? How much would you value an American Silver Eagle 1oz MS70 Graded Coin?

[AnnoyedDragon]

The sheldon scale is used for grading coins that went into circulation, it isn't meant to grade bullion coins.

You are going to find MS69/70 grade silver eagles in every bullion tube you buy, they are not rare like circulated coins. You cannot expect them to be any less than that 69s and 70s; because they are specially made proof dies designed for the highest quality and handled carefully by gloves.

This guy is abusing the sheldon scale to market common bullion coins at premium prices.

[chicagopc]

I appreciate your comments ..however I disagree as you are making assumptions about us that are not entirely true.

I am a gold/silver investor ...however numis network is not a coin investing business.

However our products (gold & silver) numismatic coins are the highest rated value coins you can collect today.

This rating is done by a 3rd party - not us.

[chicagopc]

Numis Network introduces our members to the value of coin collecting ...I personally collect gold & silver, bullion and now numismatic coins.. ..I invest in gold mining companies and I believe strongly in the value of gold & silver.

Mike has sold more coins than anyone on the planet....so its kinda silly to say he is "abusing the sheldon scale" he doesn't rate the coins...he sells them.

[chicagopc]

It's up to us to determine if they value of these coins are real...and I have compared the prices of Numis Network coins and their prices are very competitive.

When did anyone say these were "rare" coins???

They are valuable obviously...how much ...who knows...but your assumption that these coins are being sold to us at "premium prices" is incorrect...I know I have tried to buy them.

[AnnoyedDragon]

I'm sure they are 3rd party rated; and they would correctly rate them MS70, but when it comes to silver bullion MS69/70 doesn't make the coin valuable because it is common.

As I said it was never meant for investment grade bullion, it is for coins that go into circulation such as currency. A fresh out of production bullion coin isn't subject to the environment circulated coins are.

The value of silver bullion is in its silver content, not numismatic. SE go for $20, what is he charging?

[chicagopc]

@AnnoyedDragon

I don't agree with you ...I collect bullion coins also (which are based on the spot price of gold & silver) but there is a big difference between numismatic coins and "raw" bullion coins.

You cannot compare apples to oranges and claim they are the same...there is a difference...even if you think they should be priced the same.

Our flagship coin is the MS70 Graded American Silver Eagle ...Graded Mint State 70 by ANACS ...show me where I can get this same exact coin for $20?

[AnnoyedDragon]

Yes, there is a difference between numismatic coins and raw bullion. People should learn the difference so they don't pay numismatic prices for special made investment grade coins; were the sheldon scale isn't meant to be applied.

Want a MS70 for $20? Buy a 2010 American Silver Eagle, freshly minted. You are bound to find plenty MS69s and at least one MS70 in every tube.

Even Ampex will abuse this to charge more for a MS70, but they will only pay you spot if you try to sell it back.

[chicagopc]

I do understand the difference ...and I do know the value of these coins.

I think people should buy bullion also...however as the previous person stated...Numis Network is a great opportunity that teaches people to put their money into assets...(things that go up in value) and bottom line is....3-4 years from now these coins will be worth more than we paid for them...and that makes sense to me.

[AnnoyedDragon]

Then why buy numis? Buy investment grade silver and get more silver for your dollar.

A MS70 American Silver Eagle contains 31 grams of fine silver, a none numismatic graded American Silver Eagle contains the ame silver quantity.

The only difference is the perceived value that coin collectors have placed on them; and perceived value is no different from the promise your dollar gives.

And regarding nashifab, where is my response to them?

[chicagopc]

@AnnoyedDragon

Because Numis is a business opportunity - not a coin investment program. You wanna invest in gold and silver - buy bullion! I agree with you...however that does not take away from the fact that Numis Network is a great opportunity for people to get into the hobby of coin collecting...they are collecting "real assets" and the price we are paying every month to collect these MS70 graded Numismatic coins is fair when compared to the current market price of these coins.

[AnnoyedDragon]

If you bought fine silver at $9 a ounce Nov/Dec 08, it doubled in value mid Nov 09. If you bought at $4 a once in 2002, you get the idea.

Silver will always have value because it is a commodity, with Numis Network you have the promise of a for profit organization.

When it comes to business the people at the top make the money, not the people being advertised to. Seeing a bullion coin advertised as numis says it to me.

Good luck then, hope it does actually work out for you, just be careful.

[chicagopc]

@AnnoyedDragon

Thanks and it already has! Numis Network is an incredible opportunity. Nothing like this has ever been done in the network marketing industry before.

Fact is these coins HAVE gone up in value over time...the $20 bullion coin is fixed to the price of gold & silver. Numismatic coins do go up in value over time.

[chicagopc]

I have shopped around and if I wanted to buy an MS70 American Silver Eagle...it will cost me a lot more than $20.

What you are referring to is a bullion coin - Numis Network sells MS70 Graded coins...again not the same thing that you are claiming should only be worth $20.

[AnnoyedDragon]

The American Silver Eagle coin being shown in this video "is" a bullion coin.

He said it himself, one ounce solid silver. American currency put into circulation at its finest was only 90% silver.