| The Numis Network is a network marketing | | | | grade a new coin? |
| company that markets silver and gold numismatic | | | | The grading system was developed to set a |
| bullion coins. | | | | standard for evaluating the worth of OLD coins |
| I've invested tens of thousands of dollars in the | | | | such as silver Morgans or gold St. Gaudens. |
| same type of silver and gold coins that Numis | | | | Numis Network says that "Graded silver and gold |
| sells. In fact I have 7 Silver Eagle coins on my | | | | numismatic coins are not ordinary, they are |
| desk in front of me, to remind me to work hard | | | | special. The value of these collectible coins is |
| towards my goals. | | | | based not only on their precious metal content, |
| I believe that people should invest in these type | | | | but also on rarity, collector demand, and their |
| of coins to potentially profit as metal prices rise, | | | | actual condition." |
| but more importantly, for protection as the dollar | | | | * The precious metal content is the current silver |
| is being devalued so much that it could eventually | | | | spot price for one troy ounce of silver, which is |
| fail. | | | | $18 right now |
| What I don't believe in is PAYING TOO MUCH for | | | | * There have been HUNDREDS OF MILLIONS of |
| your investments. When you purchase modern | | | | Silver Eagles minted in the last decade, so they |
| silver and gold numismatic bullion coins from a | | | | are not rare. |
| reputable dealer, you pay the spot price (the | | | | * Serious coin collectors have no interest in paying |
| current price of that precious metal) plus a small | | | | 5x the spot price of the precious metal content, |
| commission. | | | | for a coin that is not rare. |
| So is an ANACS MS70 graded 2009 Silver Eagle | | | | * Of course the condition of new Silver Eagles is |
| worth 5x more than a non-graded 2009 Silver | | | | pristine... they just got STAMPED at the mint. |
| Eagle? | | | | What would you expect? |
| * Numis charges $125 for their ANACS MS70 | | | | So the only real value an ANACS 2009 MS70 |
| 2009 Silver Eagle. | | | | Silver Eagle has is its silver value, which is $18. |
| * A non-graded 2009 Silver Eagle is $20. | | | | That would mean that a Numis Network |
| The answer is NO... | | | | customer would have paid $125 for a coin that will |
| Each coin is basically worth the SPOT PRICE of | | | | only sell for $18 at a reputable dealer. |
| the precious metal content. | | | | And since it's not a rare, 'collectible' coin whose |
| Don't believe me? Take a new 2009 ANACS | | | | value will go up significantly over time, the only |
| MS70 Silver Eagle to a local reputable dealer and | | | | way for them to recoup their investment is to |
| see what they will pay you for it. | | | | wait for silver prices to rise above $125; or to sell |
| The grading of modern numismatic bullion coins is | | | | it on eBay to someone else who is IGNORANT |
| practically WORTHLESS and the only real benefit | | | | about silver coin terminology and values. |
| is that the coin has been certified to be real and | | | | So is there a Numis Network scam? |
| it's in a protective plastic slab. | | | | Hopefully the above information has helped you |
| The reason companies now grade newer coins is | | | | get the information you need to draw your own |
| because they get paid for every coin graded and | | | | conclusions. I get nothing from this article but the |
| they've SOLD OUT for profits. How hard is it to | | | | ire of Numis Network marketers. |