I read a very cool blog post this morning about my primary business, Numis Network. I also read the comments to the post and found a few negative comments from readers.
One comment was quoting the terms of service agreement regarding how the company can terminate membership, basically for breaking the rules. Rules like being unethical. Another person commented that buying coins is like speculating on Beanie Babies® (that may never increase in value). Another comment stated that just because the price of gold goes up, doesn’t mean that the price of the coin goes up. Huh?
I decided to make a blog post in response to the comments. Some people may have got burned on some scam, giving them a bad taste for anything MLM (multi level marketing). I did once and so I understand. The fact they may terminate me if I am unethical tells me I am in an ethical company. I think that is good.
Numis Network sells numismatic coins (collectible coins). I’ve been a coin collector for 40 years and like many, I buy coins as a hobby. I enjoy collecting cool coins and adding to my collection. If they happen to increase in value, that’s great, but it’s not why I collect them.
I disagree that a coin will not increase in value based on metal value. With gold or silver coins there is a collector value and a built in metal value. A Morgan silver dollar is 90% silver. Let’s say the collector value is $50 based on it’s date and condition, irregardless of the silver value. IF, and I say IF (for example only), the silver value increased to $500/oz, the coin could be worth $50 (collector value)+$450 (90% silver value)=$500. If silver decreased to $1/oz it would still maintain it’s collector value…
People buy collectible coins because they enjoy looking at them. Similar to a stamp collector. We collectors want to have every coin made (denomination, date, mint, etc). The better the condition, like a certified perfect MS70, the more pride with our collection.
Numis Network is a network marketing business selling collectible coins, mostly certified perfect MS70 coins. You can be an independent distributor making commissions and bonuses, with an auto-ship of something you enjoy receiving each month and don’t mind keeping!
For more inoformation on Numis Network please visit http://keepcoins.com
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