Numis Network Is Now Offering Bullion By Andrew Gallop’s Silver Coin Club
Numis Network Is Now Offering Bullion
Being a network marketing company that markets Silver and Gold coins, the Numis Network is based in Tampa, Florida. The main product being silver and gold graded coins, being known as numismatic coins. These are collectible coins that have a value above their actual metal value. As you would be very happy had you purchased bullion over the last10 years, you would be happier had purchased silver or gold numismatic coins, but, we are talking about network marketing not an investing.
Have silver and gold MLM’s failed before?
Yes, a good many actually. The reason for this is those companies were using a commodity (silver and gold coins or bars) that were non-collectible and classified as bullion only and marketing them in an mlm business. The thing that they didn’t understand is you cannot sell a commodity for higher than the street price and neither can you can purchase bullion at less than the going price, regardless of volume, those other mlm’s had to raise the price of the silver and gold to be able to pay commissions.
So what is the difference?
There is a regulation difference. Not like bullion, numismatics are non-confiscatory and non-declarable . Now, us meager Americans never know when the administration is going to change some crazy bill but numismatics are presently non-confiscatory and non-declarable. One good example being the 1990 silver eagle. As bullion it sells for the same as all other years bullion sells at which at present is around $30-$31. A graded, numismatic, MS-70 1990 silver eagle, sells for $4,000.
So how is Numis Network now selling bullion?
The Numis Network is now selling PCGS rolls of certified silver eagles. There are 20 silver eagles that are in a tube of certified coins by PCGS. These have not been searched, circulated or touched. This is very unusual, because, any roll you would normally buy has been searched for the MS70 grade coins. The best thing is you barely pay any more for these certified rolls than a standard roll of bullion. There are no broker commissions and this will count as volume to members of Numis Network. With current silver eagles selling for $30-$31 each, the Numis Network is selling the PCGS roll for $32 per silver eagle and each coin is guaranteed not to be circulated, searched or touched.
Now, won’t Numis Network be shut down as the rest of them did, being it is selling bullion?
Rolls of PCGS are not considered a commodity. Anytime a company(mlm or not) has for sale overpriced commodities so it can pay out a commission to non-licensed brokers, there will be a problem. PCGS rolls are not in the realm of being a commodity, even though, it is about as close as you could possibly get and not be classified as such
Should you be just as well off to buy bullion if you want a hedge against the declining dollar?
That all depends. If you have plenty of cash, don’t want to build a business and do not need an income stream, congratulations. Then you should simply buying bullion. But, because if you are like most and like the thought of getting silver and gold and would like to have an income stream, you will want to check out Numis Network it is not for everyone but may be for you.
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