Numis Network has overcome traditional views to introduce a unique product concept in the network marketing industry with its high grade silver and gold collectible coins. In a market that’s dominated by products catering to consumer needs such as health drinks, household needs, detergents and travel plans, the introduction of numismatic coins as an investment as well as a business opportunity was a bold step. This review will cover all aspects of the Numis Network MLM opportunity and explore its pros and cons.

A Brief Outline

Ian Cordell, Christopher Kent and Jake Kevorkian, in coordination with Mike Mezack, a veteran numismatist established this multi-level marketing company with the concept “Coins are cool”. Gold and silver are valuable assets that to own because of their consistent price increase. And this is in spite of recession!

Why Graded Coins?

There are several collecting enthusiasts amongst us. Even children love to collect stamps, foreign currency or labels. This business has utilized this interest to collect to create a profitable business for the collectors by introducing graded gold and silver Numis coins as collectibles.

Creating Wealth

The purpose of any business is to make money. Numis network doesn’t fail to disappoint in this factor. Your investment in this business would be an initial outlay of $100 and monthly payment of $10 as a basic distributor. Else you could become a fast track rep for an investment of $299 and monthly fee of $99. The company follows a binary compensation system that works to the benefit of the distributor. Of course, don’t forget the profit you get from the appreciation of value of your Numis coins.

Backing

There is complete back office support to Numis Network distributors with your own personalized website and contact management system.

Legitimacy Questions

Backers of the Numis Network Scam bandwagon claim that the company gives too much importance to the process of grading coins to increase their value. There are also claims that the bulk of earnings go to promoters in the higher strata of the hierarchy making this similar to a pyramid structure.

From what I’ve found, there is no doubt that this is a legitimate business with its own place in the MLM segment. Supporters of Numis network also counter these complaints by clarifying–

- Grading is essential in this business because the quality of products have to be confirmed to prove their actual value.

- The second Numis Network complaint is common to many network marketing businesses; achievers are not born overnight. This is a case of sour grapes for impatient distributors who’ve joined the business just hoping to make a quick buck.

The Competition

Strong competition can make or break a business. However, since this business has a unique product concept with its Numis coins, there’s not much competition; here’s a view of the contenders.

XAG Network can be said to be one of the very few direct competitors to Numis. This business also deals with Silver bullion coins and works through a network of distributors.

There’s also competition from Silver Snowball, a company that operates through a network of affiliates and Silver coin Reserve which is a business that helps members collect silver coins as assets and offers commission to members who help them sell coins.

The Final Word

Numis scam rumors are baseless; this is a genuine business with its own success strategy. Some cynical distributors who were disappointed in what they thought as a easy money scheme started these Numis Network complaints. But these only form a minority; this business has seen many reps who have reached the top by just using the best selling tactics.

These representatives have engaged the influence of the internet in their marketing efforts to reach out to potential customers outside their sphere of contacts and have succeeded in bringing them into the business. The company is earnest in its attempt to help people create wealth; this is obvious from the well structured support system it offers. As a rep, all you need to do is get a good mentor who can train you in best marketing strategies and establish a strong sales system.