Changing the World, One Coin at a Time

Global Coin Solutions (GCS) was established in Toronto, Canada in 2015 with charitable support at the heart of the business. Nearly a decade on, it continues to evolve and expand – focusing latterly on the recent incorporation of GCS Japan. Coin & Mint News™ spoke to founder and CEO, Scott Hutchings, about the company’s ethos and process, the challenges facing coin repatriation, and why collaboration is key to efficient and sustainable coin recirculation.

Scott Hutchings.

Q: Firstly, could you tell us about your background and the company’s origins.

A: Around 11 years ago I joined the industry, working for a UK-based currency exchange business that was also involved in foreign currency fundraising. I applied for the job and really got hooked into what they were doing. Following the closure of that business, I considered next steps for not just people that I worked with but also the charities we were involved with, leading me to look at starting Global Coin Solutions.