What is Numis Network? Numis Network is a network marketing company that markets government minted collectible coins. Numis is the only network marketing company at the moment that is distributing this type of product. Like most network marketing companies Numis Network requires all distributors to be on a monthly auto-ship program. Numis distributors are sent a government minted encased MS70 graded one ounce silver coin. At the moment the price of silver is just above $ 33 an ounce and Numis is selling it's auto shipment for just under $ 110 or little over three times the price of an ounce of silver. Sounds expensive, but is it really?
Investing in silver bullion is completely different. Companies like Goldline International and Lear Capital constantly advertise that precious metals are a smart investment. These companies offer three types of silver investment.
The first investment vehicle is a silver round that can be purchased for about $ 2.00 dollars over the spot price for an ounce of silver. A silver round is a privately minted coin. The concern regarding these coins is the added cost to liquidating the investment. Since rounds are not government minted, counterfeiting is always a concern. It is almost certain that any buyer will want the rounds inspected by a third-party, which will add significantly to the cost of liquidation.
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Mika: there is always pressure
11 years ago