THE Sussex company buys foreign coins from charities, airlines and supermarkets that would otherwise be difficult to convert into sterling. When about one tonne of a particular currency has been collected and counted, the coins are shipped to the country of origin. Coin Co’s well-known clients include Oxfam and Asda. The company has increased its overseas sales since opening offices in Germany, Australia, Canada and a number of other countries. Staff numbers have also risen and now stand at 111.
Under founder and chief executive John Baker, international sales at Coin Co have grown 58% a year, from £2m in 2006 to £4.9m in 2008.

Article from Sunday Times supplement HSBC International Track 100

Click here to view the PDF version

<- Back to News