What is Gorby’s Money Laundry?

It’s about getting a clean box of coins without the crud, and you’ll find out all about it at the end of this little dissertation, but let’s let that happen as it will, and meantime dive into the meat-and-potatoes of Soul Search & Rescue through Coinology Searches.

It’s not enough to just find a great coin — you must learn now how to sell your treasures, and the best way to go about that is to create your very own unique personal Coin Kiosk.

You don’t need a store — you can get a space in our gallery, or perhaps you know a local merchant who will give you some space in their shop either for a single day or sometimes permanently, with your very own spot in the shop. This is called a “Trunk Show”, and you share the profits with the store owner — a fair split would be 50% of the selling price, but some merchants will give you a better percentage just to get your additional business through their front door.

In any business, wholesale, retail or service, the whole thing rests on NEW customers, not one-offs or random customers. You want and need repeat business, and that means happy customers.

The new business model, particularly in China, is to one-off everything and abandon ship, build a different factory, do something totally different each production cycle — that way, you’re never stuck with old inventory, but the downside is that you have to reinvent your factory every couple of months, and your salespeople never know what you’ll be exporting next. Continue reading →