numisnetwork investing

Discussion in 'Coin Chat' started by snaz, Jan 30, 2010.

  1. jasontheman07

    jasontheman07 New Member

    LOL he already has. Numis network is a multi-level marketing company, or MLM, AKA network marketing company... AKA pyramid scheme.

    the only reason they are a LEGAL company is because they have found two ways to go around the rules:

    1. pyramid or ponzi schemes do not offer any real products or services of value. the product being purchased is the right to join the "network" and sell this right to others. LEGAL MLM's are still around because they offer real products such as juices, makeup (avon), or gold/silver (numis network).

    2. pyramid or ponzi schemes require you to purchase the product being sold in order to have the right to join. Numis has gotten around this by having a $99/mo. option where you do not actually get any coins, only a hosted version of the affiliate website and a "membership"

    So... technically they are a LEGAL pyramid scheme, MLM, or network marketing company operating within the fine lines of legality. However in my opinion they are still scamming a lot of folks by trumping up the value of an MS70 silver eagle (graded by the 2nd tier grader ANACS) and selling them for over $100 when the silver value is about $38 (as of today)

    So if you can convince someone that it's worth $60 extra bucks or more, just because it is in "perfect condition" then good job... you are a successful scammer! LOL
     
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  3. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    For those that have posted that they buy from this company please do me a favor?
    Contact the company and ask them what price they will buy your bullion back at if you sell to them today, or even better tell them you have 50 ANACS MS70 ASE's that you picked up at a local show and you want to give them first shot at purchasing them. This would be the test of how they stand behind the value of their product.

    Richard
     
  4. BMoscato

    BMoscato ANA# R-1181086

    I know this is an old thread, but that was a nice retort on behalf of Snaz.
     
  5. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    yea, snaz is a snazzy guy. :)
     
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