$PNOW Numismatics, or the study of collections of paper currency, coins, and medals, has come a long way since the hobby became popular in the 1850s. The numismatics industry has grown into a $10 billion per year industry in the United State. It’s estimated that worldwide the industry produces $100 Billion annually. How is it that coins, medals and currency generate more value? The consensus is that the value of a currency grows as it becomes discontinued. A great example of this was when the larger cent pieces such as the silver dollar were discontinued. Currencies produced in limited quantities are valued higher than currencies that were mass produced. (OTCMKTS: PNOW) subsidiary, Meso Numismatics thoroughly analyzes each and every item they acquire and aims to sell some of the finest global inventory at the least-expense possible.
The focus of Meso Numismatics is clear; to acquire some of the rarest currencies, paper monies and coins available; particularly from Central America and the Latin countries of the Caribbean – which compliments the Company’s other asset, Oveedia (online travel agency); which also focuses on this region. Meso began with a contribution from Melvin Pereira of $50,000 from his own personal collection and revenues from sales began immediately. Meso Numismatics has also partnered with one of the largest collectors in Central America, which has afforded Meso access to just over $3 Million in an amazing numismatic inventory. The collector will begin supplying additional inventory to Meso, while the Company collects a percentage on all consigned sales.
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