Numis Network? Who the Hell Wants Collectible Coins?
Company: Numis Network
Read More: When I first decided to take a look at Numis Network
My initial reaction was, who the hell wants collectible coins? I had never collected coins, didn't know any coin collectors and to me they just seemed liked overpriced bullion coins in hard plastic. Why wouldn't I just buy bullion and not even bother with "collectible" coins?
So I looked at buying bullion
You can buy bullion from a lot of places, despite what some are suggesting, there are only a few companies that get directly from the US mint. All others are resellers. Here is the good thing about bullion, you only pay slightly above the spot price for an easily traded, liquidated, form of precious metal. The two things you will NOT get with bullion are tax writeoffs or an income stream. Don't get me wrong, if you buy bullion and allow it to apprecaite and increase in value, you can then sell it and make a capital gain, and, of course, pay capital gains taxes. I know this as I used to buy rental houses in real estate and also flip them. Capital gains taxes are more than passive income you receive.
Want the most leveraged way to buy bullion?
Then make money promoting gold and silver and then use some of that money to buy bullion. Straight buying of bullion is great if you do not need tax breaks or additional income and are just looking to hedge your bets against the dollar. However, if you are like me, and like the idea of having more money come in, numis network may be a fit for you.
What if you don't have any interest in collectible coins?
I get this question sometimes too. As the #1 income earner in numis network, I have probably heard every question you can think of about our business. Here's the reality, when I was in real estate back in 2004-2008 I recall one guy that was doing really well in mortgages. He did so well that he went out and bought a lamborghini. It was sweet. About a month ago I saw this same guy serving drinks at a bar. I don't think it was because of his love for alcoholic beverages. He was doing it to make money. Here's the reality, no one you know is offended by gold and silver, whether collectible or not. A product that no one snubs their nose at, has too much of or wold not mind a garage full of is pretty cool.
Just for kicks, what if you went back and bought bullion or collectible coins?
In 1990, the spot price for silver was around $5, so, if you bought silver eagles you would have paid around $7. If you bought MS-70 graded silver eagles you would have spent about $40-$50. Since then, the economy has certainly gone down. So, in a down economy collectibles usually lose money and bullion increases right? Well, had you bought one loose silver eagle for $7, or one MS-70 graded silver eagle for $50, you would have done alright either way. A 1990 loose silver eagle sells today for around $32, however, an MS-70 1990 Silver Eagle sells for around $4,000. Interesting...
Lets do another year
In 1997, the spot price for silver ended around $6.50, so, if you bought silver eagles you would have paid around $9. If you bought MS-70 eagles you would have paid around $50-$60. Today, a 1997 loose eagle sells for $32, an MS-70 sells for around $500. This, in a down economy. Interesting stuff.
Ray Higdon
Numis Network Overview for Networkers
Views: 3,278 | 
Comments: 26
Collectable coins
One of the objections I get is, What if they stop making, or limit the supply of coins. Ask any collecter what happens when the supply goes down and most will answer- the price goes up !!
The Perfect Gift
Great article Ray! I also wanted to add that these coins make an amazing gift, especially when coupled with a Forever Crystal!
If you have that special someone who has everything but you wouldn't mind throwing down a hundred bucks for, buy them a collectible coin. They will treasure it for a long long time.
Simply A Hedge Against Inflation
Great article Ray! Collecting a Tangible Asset is a "No Brainer" for those that truly want to create wealth, collect wealth, and preserve wealth. Here is an article that relates as well: http://TomasKirk.com/NumisCoins
Other Fun Stuff Too!
Also, with a company like Numis, they give away free trips, cruises, BMW's, special coin pricing at events. Numis is a no-brainer!
http://TrueMLMGrowth.com
Ray, you're the man bro.
Ray,
you're the man bro. your comparison here is a fair one.
i saw another article recently which compared buying a collectible coin for $100,000. although i have not seen such a coin myself in Numis, i wondered what idiot would buy that as an "investment"?
the idea when buying numismatics is to be the first collector. BEFORE a huge demand exists for the item. you buy in the hope that it would become worth a LOOOOOT more to others later.
in the world of collectibles, the money is made BEFORE the sale.
a smart investor buys cheap, waits for desire to build up, and then sells later for a little under the much, much, much more expensive market value.
only a misguided person would attempt to buy a collectible item AT market value after it has been collected.
Numis makes you the FIRST collector.
Money is made when you sell to others who desire the item because:
a) it might be missing from their collection
b) they want to give it to someone else as a gift, because it is beautiful, expensive, and special
c) or they get a "good deal" against the current market value and you let them share a little in your gain (eg, you buy silver eagle MS-70 in 1990 at $50, sell it to someone in 2010 for $3000 which is $1000 under market value. they will take it because they might be able to make 1000 bucks on it or sit on it another year or two and sell it for more)
maybe i missed something? but that's the general idea behind investing in collectibles. it most certainly is not about buying an existing collected item at a market value of $100,000 lol.
jim
Great perspective Jim
First collector, that makes a lot of sense bro, thanks for your feedback and you are so right!
haha, awesome post!
Nicely done bro! interesting indeed...
Another great explanation!
What some people may not realize is that along with collecting coins, preserving wealth, and having an opportunity to experience true time freedom( not that you have any time for that stuff, considering you are always coaching,blogging, hosting meetings, speaking, and taking fully paid for trips) our team gets to network with people like you and the other great mentors. Numis is hands down one of the most valuable opportunities people can get involved in. Keep up the great work!!
Awesome post Ray!
I recently had a comment from a 'bullion' expert (even had books to his credit) on an article I wrote about Numis. He 'authoritatively' warned people to only buy bullion. I basically responded back nicely with the same explanation as your article and he quietly crawled back into the internet never to be heard from again.... Numis is just TOO EASY, It's AWESOME!
thanks Ray!
John Domzalski
Retirement Income for Life! http://RetirementIncomeForLife.biz
Educated people DON'T fall for such S*C*A*M*S??
I guess if you have money to park on something like this and park you will.
I heard people buying Beanie Babies and made more money.
Can you say Speculation.
If your a Gambler this is one of the games.
There is a big difference between the price of coins or gold!
When the price of gold goes up, that doesn`t mean that the price of coins will go up. Something to think about! http://www.youniquewealth.com/goldenmind
Coins and Capital Gains
Absolutely awesome article. Now you are going to have to write an article on capital gains. The Nay-Sayers will find an objection, no matter what.
Educated...clueless and broke!
I'm a newbie and this response is probably out of line, but Ernie, you really sound like an Ignoramus with your response to Ray's post... Most educated people I know are flat broke...success leaves clues....get a clue brother...
Please, Read your P & P's..I was only trying to help..
© 2009 Numis Network, LLC Version 1.3 Page | 4
Here is what I saw...in Numis P&P's...
Section 1 Purpose of Policies
These Policies & Procedures exist to clarify and define the responsibilities of Numis Network™ (Numis) and it‟s Independent Collector Representatives (ICRs). All ICRs are required to read, understand and follow the policies and procedures.
2.8 Active Status
To remain „Active‟, ICRs must maintain a minimum of 60 QV (Qualifying Volume) points every 35-day period. ICRs are considered inactive when they have less than 60 QV in that time. An ICR will be terminated when they have been inactive for 6 (six) months.
Now tell everybody to take back what they said about me because I did research this and it is a FACT that no one else did...agree??
Numis ICR who are terminated lose their high titles&their downl
13.17 Termination without Notification
Numis may terminate this Agreement immediately without notice if an ICR has violated any term or conditions or has otherwise acted illegally or unethically. In such cases, ICRs forfeit all rights to commissions, overrides, their position, and any other compensation from the date of termination forward.
© 2009 Numis Network, LLC Version 1.3 Page | 20
13.18 Termination with Notification
If Numis decides to terminate an ICR with notification, a notice indicating the reason(s) for termination will be sent to the ICR by certified mail. Failure to respond will be considered acceptance of the termination. However, if the ICR responds in writing within 10 business days, Numis will consider any new information submitted by the ICR, and render a final decision in writing within thirty days. ICRs who are terminated lose their high titles and their downlines and are not allowed to participate in Numis for a period of time to be determined based on the severity of the infraction.
Numis may terminate this Agreement immediately without notice
13.17 Termination without Notification
Numis may terminate this Agreement immediately without notice if an ICR has violated any term or conditions or has otherwise acted illegally or unethically. In such cases, ICRs forfeit all rights to commissions, overrides, their position, and any other compensation from the date of termination forward.
© 2009 Numis Network, LLC Version 1.3 Page | 20
13.18 Termination with Notification
If Numis decides to terminate an ICR with notification, a notice indicating the reason(s) for termination will be sent to the ICR by certified mail. Failure to respond will be considered acceptance of the termination. However, if the ICR responds in writing within 10 business days, Numis will consider any new information submitted by the ICR, and render a final decision in writing within thirty days. ICRs who are terminated lose their high titles and their downlines and are not allowed to participate in Numis for a period of time to be determined based on the severity of the infraction.
Hmm...should I?
just saw some of those comments below, been busy building my team...so, saw them and wondered if I should respond as typically I would not when they are just not that clever comments, but, what the heck, lets do it!
Ernie Giordano - On speculation, you didn't read the article did you? Are others speculating that juice or something else will appreciate? Of course not. If you want to be a bigtime investor, which, I somehow doubt you are an investor, but, if you are, and you don't need an income stream, I clearly suggest you buy bullion. Beanie babies are not guaranteed to retain any amount of value, but anything with precious metals, at least throughout mankinds history, has retained some value, who the hell knows if it will appreciate or not, I am in it to make money now.
Sandi - I honestly hope younique wealth hangs in there. It is never a good thing for the mlm industry when a company gets shut down, unfortunately, all bullion mlm's have been though =( - I am rooting for you guys though as it gives a bad name to the industry.
Ernie Giordano - Your last comment appears to be in English but not totally sure. Can you clarify your point?
Ernie's ridiculous comments
Ernie,
Maybe you should do your research before spouting off incoherently. Where did it say anything about getting cut off? We don't know any successful people that collect beanie babies. There's absolutely no hype involved with Numis. They offer the best training support on the planet and a product that is truly unique. Numismatic coins are a billion dollar a year industry. Did you know that? Apparently not, or you wouldn't be running your mouth!
You have to consider the source
Take a look at Ernie's profile. Then you'll understand his comments.
Awesome article Ray. You become who you follow, and you are a person I am happy to follow Ray.
Thank you for your leadership.
God bless
Brian
Oh Ernie! You need help!
As you are a member of Mentoring For Free I am surprised you havent learned much since you have been with them!
On another note, before telling people what you think is wrong with what they may be doing you should probably take a look at yourself first! You are in fact unhappy with yourself Im guessing!
Now technically, your blog Says "MLM Network Marketing Professional Online Home Based Business Delveloper" your not acting to professional!
Now lets look at your hard work you have done on freemlmnetworkmarketing.com/
You have 71 pages listed with an Alexa Ranking of, hmmm, 20,278,600!
Valued at $1,138.88
Please quit trying to educate us!
And go back through your Success In 10 Steps book! Don't think Michael Dloughy's book would have you out here trying to bash other Networkers!
Numis P&P's...
© 2009 Numis Network, LLC Version 1.3 Page | 4
Here is what I saw...in Numis P&P's...
Section 1 Purpose of Policies
These Policies & Procedures exist to clarify and define the responsibilities of Numis Network™ (Numis) and it‟s Independent Collector Representatives (ICRs). All ICRs are required to read, understand and follow the policies and procedures.
2.8 Active Status
To remain „Active‟, ICRs must maintain a minimum of 60 QV (Qualifying Volume) points every 35-day period. ICRs are considered inactive when they have less than 60 QV in that time. An ICR will be terminated when they have been inactive for 6 (six) months.
Now tell everybody to take back what they said about me because I did research this and it is a FACT that no one else did...agree??
Are we talking about the same company??
Not Saying Your WRONG...Just trying to help
So it sounds like you are in Nummis.
Have you read the P&P's?
I am not trying to educate you maybe protect you.
Thanks for my blog numbers,
That is good for just getting it up and running.
I talked with Mr. Ken Wells & discussed this matter.
You are right Michael Dloughy would not want me to bash people and if that is what you thought and am truly sorry.
They are in Nummis P&P's, If you are an ICR all are required...
© 2009 Numis Network, LLC Version 1.3 Page | 4
Here is what I saw...in Numis P&P's...
Section 1 Purpose of Policies
These Policies & Procedures exist to clarify and define the responsibilities of Numis Network™ (Numis) and it‟s Independent Collector Representatives (ICRs). All ICRs are required to read, understand and follow the policies and procedures.
2.8 Active Status
To remain „Active‟, ICRs must maintain a minimum of 60 QV (Qualifying Volume) points every 35-day period. ICRs are considered inactive when they have less than 60 QV in that time. An ICR will be terminated when they have been inactive for 6 (six) months.
Re: Ernie
You contradict yourself ernie. you say you are not trying to bash anyone but you started your first post with
"Educated people DON'T fall for such S*C*A*M*S? If your a Gambler this is one of the games."
Sounds like an insult to me.
Any ways, I have been buying and collecting silver and gold for years. Because it has real tangible value.
If you pick any other mlm product or printed education courses from all the gurus and load them into a truck and back that up to your front door and also back up a truck load of Numis products to your front door and give you 30 minutes to unload as much as you can. I guarantee any sane person will choose the Numis products.
Ernie has to be more intelligent than he is letting on
Does Ernie, who apparently mentors people in mlm, not understand that network marketing companies have a little thing called an autoship? Well, at least legitimate ones. Ernie, baby, you do know this is an MLM right?
History Lessons from Each Coins
When these coins are introduced to your kids they have a lot of benefit for them also. For example each coin a little bit of history is attached to the obverse and reverse of each coin. Last I heard they are still teaching history is schools these days. So, if you want your child to learn something and do well in history, these coins are a sure fun way to learn about our history and the history of other countries relating to specific events. Plus you can teach your children what the school systems don't teach and this is Rich Dad principles. The wealthy people create and collect assets. No matter what you do for a living you must learn the principles of managing and maintaining your wealth. Collectible Assets have been around for centuries and people from all nations collect something. And the great thing about that is they will carry it down for many generations. Each coin minted is unique and has a limited supply. In other words that same coin, after they have minted that supply for the year or month, will never be minted again. So the supply is now limited and since we know there is a market for these collectible coins($100 Billion Worldwide), the demand will be very high now and in the future. This need will not go away.
Also, if silver and gold do go down in value or even to zero, perfectly, flawless, graded and certified coins will still have a high demand for them in the marketplace.