Buy Coins At The Pawn Shop Or Numis Network!
Buy And Sell Coins At The Pawn Shop Or Numis Network!
This is a common question asked by many people. A pawn shop is not a high end purchaser or seller. They buy at a price so they can sell at a discount and still make a profit. They buy or pawn mostly used merchandise. Gold and silver being a good part of there business. Numis Network on the other hand sells MS70 grade gold and silver collectible coins. These are true assets that will never lose there value. There is really no comparison between the two businesses other than the name gold and silver.
Take an MS70 graded coin into a pawn shop and ask what they will give you for it. You have just paid $100.00 for it from Numis Network. They will offer you between $50.00 and $75.00 for it. A lot of pawn shops sell there merchandise on Ebay. This is where they will look it up for current pricing. They see it is selling between $100.00-$150.00 so they figure a $100.00 value to them. They subtract there profit and offer you the difference. They are not ripping you of they are making a living.
Next you ask the pawn dealer how much he will sell you a MS70 graded silver coin for. He will call a reputable coin dealer and get a price ad a profit and shipping and sell you a coin for between $125.00 and $150.00. He does not buy in volume, therefore not a very good price. Pawn shops are not ripping there customers of they are a low volume, high markup business. A good pawn shop will have about a 5-10% loss on non sell-able merchandise.
The local coin dealer will probably give a little better pricing but they will be very similar in the end to a pawn shop. Mostly because of volume, pricing will not be good. These shops do deal mostly in money but there turnover is small in comparison. Also you have to know who you are dealing with. A lot of the dealers are pretty slick so be careful.
On the other hand Numis Network is the only network marketing company dealing in MS70 grade silver and gold coins. They only buy in tremendous bulk direct from government mints. These 1oz silver coins are sold as a monthly auto-ship for $100.00, at the time of this writing, or on an individual basis. As these assets are collected why would you want to get rid of them anyhow. Some people actually resell them on Ebay. If you do need to sell them a large coin dealer would give you a fair price. The value is directly related to the price of the metal and the condition and rarity. On average one coin every 10yrs will have a big increase in collector value.
The Numis Network owners have studied this business thoroughly and know what they are doing. They have formed teams of executives that work together in mastermind groups and extensive training programs. They are unique in all aspects of the network marketing industry. The leadership skills are in the top of the industry.
*All prices and values used in this article are examples, only for comparison!!!
To learn more about how you can have dramatic — success its important to learneverything you possibly can about the company before you get involved. Visit the following link and you’ll be taken to more articles and information compiled by some industry experts including, Andrew Gallop ;entrepreneur, group leader, numismatist, (former) pawn broker
Tagged with: Andrew Gallop • Buy And Sell Coins • Ebay • entrepreneur • Group Leader • leadership • leadership skills • MS70 grade gold and silver collectible coins • network marketing • Numis • Numis- network • Numismatist • pawn shop
Filed under: Numis
Like this post? Subscribe to my RSS feed and get loads more!