Preservation of Wealth vs. Numis Network

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Preservation of Wealth vs. Numis Network

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Preservation of Wealth vs. Numis Network

Since I first profiled Preservation of Wealth and Numis Network, both companies have gone through some changes.  I thought it might be good to once again take a look at both of these gold and silver MLM companies.  Both companies are fairly new to the network marketing landscape, having opened their doors in the summer of 2009.   Since that time both companies have developed a solid base of representatives and continue to see increased growth.   In addition to these similarities, both companies use a binary compensation plan and both companies have built their primary business around the sale of precious metals.   For the remainder of this blog post, I want to spend time examining the key areas that set these two companies apart.

Don’t Preservation of Wealth And Numis Network Both Sell Coins?

 Preservation of WealthNumis Network

The general assumption in the minds of most people is that Preservation of Wealth and Numis Network both sell coins.  To a certain degree that statement would be true; however, there is a vast difference in the product offerings of both companies.   For the sake of simplicity, let’s start at the point of commonality, both of these companies offer numismatic coins.  Numismatic coins are those coins that have been graded by a third party grader.   While both companies do offer some coins that have been graded by NGC and PCGS, considered the top two grading firms in the industry, the companies use additional third party graders for their monthly autoship coins.  Preservation of Wealth has chosen to utilize the services of ICG, while Numis Network has chosen to use the services of ANACS.    The current ratings of these graders by the CDN Coin Market Indicator show ICG with a grading average ratio of 70.49% as opposed to 57.56% for ANACS.   For comparison, the ratios of NGC and PCGS are 79.54% and 79.27% respectively.  These ratios are based on sight-unseen bids versus sight-seen bids.   To further clarify, a coin graded MS70 by NGC unseen receives the same grade once it is seen 79.54% of the time.

Another major difference in the Numismatic offerings of the two companies is price.   For example the 1987 Constitution DCAM PR70 (meaning proof with mirror finish) graded by ANACS sells in the Numis Network coin shop for a Preferred Customer price of $259.   Preservation of Wealth sells that same coin, graded by ICG, on a sliding price scale that begins at $99 for one coin, $97 per coin for two and $95 per coin for three or more.  Another example would be the highly sought after 2011 American Silver Eagle.   This coin is sold in the Numis coin shop at a Preferred Customer price of $119.95 for an ANACS graded coin.  Preservation of Wealth sells that same coin, graded by ICG, on a sliding scale that begins at $99 for one coin, $97 per coin for two and $95 per coin for three or more.

Preservation of Wealth and Numis Network Product Offerings

Numismatic coin pricing and choice of grading companies is not the only difference between Preservation of Wealth and Numis Network.   Preservation of Wealth built their substantial customer base primarily through the offering of precious metals at dealer cost.  In this aspect of their business, Preservation of Wealth goes head to head with the large online coin dealers such as Apmex, Kitco, Blanchard and Goldline.   The company offers ungraded coins, bars, rounds and ingots at a substantial savings to these mainline vendors.   Numis Network on the other hand has chosen to focus on the graded coins and has very limited bullion offerings.

Another additional difference between the two companies is seen in the benefits program offered by Preservation of Wealth.  In addition to the ability to purchase bullion and ungraded coins at dealer cost, the company offers a complete package of complimentary benefits that includes legal review, travel benefits and cash back shopping mall.

Both companies offer the opportunity to build a highly lucrative business and accumulate collectible numismatic coins on a monthly basis.   The prospective representative will want to give careful consideration to the target market and costs associated with both companies.   A marketer who learns to effectively brand themselves, should be able to build a lucrative network marketing business with either Preservation of Wealth or Numis Network.

*Dislosure:  Carl Willis terminated his business relationship with Preservation of Wealth in October of 2014

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Carl Willis

Carl Willis is a passionate entrepreneur who uses business and internet marketing as a means of impacting the lives of people all over the world. He is a published author and international speaker, having trained thousands of people in the principles of leadership, marketing, personal and spiritual development.

9 Comments

Chris

January 16, 2012 at 1:09 pm

Hi, Carl – been researching myself on gold/silver MLMs. Found your article. Good content.
Numis offers a refer 3, get it free bonus where if you find three people to go on autoship, your coins are free every month thereafter.
Does POW have something like that?

    Carl Willis

    January 16, 2012 at 3:20 pm

    Preservation of Wealth does not make that type of offer.

Matt

March 29, 2012 at 4:19 pm

Hey Carl,

I’m currently with Numis Network and have found massive value in being apart of an MLM that offers intrinsically valuable products to their customers and distributors. My concern as of late is that I’ve come across many people who are looking for just bullion. And the fact that our Numismatics are quite overpriced compared to market value.

Thanks for clarifying this for me in your post above.

Talk soon!

Matthew J. Hamel

    Carl Willis

    March 29, 2012 at 4:20 pm

    My pleasure Matthew. Thanks for your comments.

Taylor Logan

June 7, 2012 at 10:42 pm

Carl,

I am just starting to invest in silver bullion and happened to stumble upon POW during my industry research. I plan to continue investing in silver bullion over the next several years, but am currently working my way through school so do not have too much cash to purchase in large volumes. I am seriously considering joining the organization to continue expanding my collection of bullion and possibly making some money selling and marketing to cover some of my college expenses. I have never done anything like this before and would like any sort of insight/tips/advice that you can give me on my situation and if it seems like a realistic venture for me.
Any and all help would be greatly appreciated. Thank you!

subaeratus

July 2, 2012 at 9:59 am

very informative, thanks for the comparison.

    Carl Willis

    July 2, 2012 at 10:57 am

    Thank you for your feedback.

Joe Stewart

June 15, 2013 at 8:14 pm

Hey Carl great post. Exactly what I was looking for, a comparison between Numis and POW. I did Numis about a year ago but after realizing how high the costs were compared to online and local coin dealers I just didn’t feel ethical marketing it anymore. Looks like POW has a better deal as far as a yearly membership and the auto ship being optional.

Joe Stewart
Author of Create Your Own Economy

    Carl Willis

    July 2, 2013 at 2:01 pm

    Hey Joe,

    Glad you found the comparison helpful.

    Carl

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