Posts Tagged ‘exchange’

UK Households Unearth More Than £3.79 Billion in Lost Change & Foreign Currency Each Year

Posted on: July 6th, 2017 by Ian Stormnet

A UK study has revealed that the average British home harbours more than £140 in “lost” UK sterling and foreign change. The sides of the sofa, clothing pockets and the back of drawers are the most likely areas to uncover forgotten cash. 


New research has found that Britons have three different types of foreign currency at home from previous trips abroad at any one time. Euros, US Dollars and Turkish Lira were revealed as the most common kinds of international notes and coins unknowingly hidden in the average UK property. 

The team at polled 2,948 British adults aged 18 and over as part of the study into hidden finances of the average UK home. Participants polled were spread evenly across each of the UK regions, with all those taking part currently renting or owning their own property. 

Firstly, all respondents were asked how often they found loose change (UK or foreign notes and coins) in unexpected areas of their home, with the vast majority (93%) admitting that this happened to them on weekly basis. When these individuals were then asked to estimate how much was found during each discovery, the average amount emerged as £2.70, equating to £140.40 over the course of a year. Taking into account the total number of households within the UK (27.1 million*) this would equate to £3.79 billion found across the entirety of British homes each year. 

Everyone taking part was then given an extensive list of possible answers and asked to state the areas that they’d previously uncovered forgotten change (coins and/or notes) in their homes, with the five most common answers emerging as follows: 

1.       Down the side of a sofa/under cushions – 72%

2.       Inside clothes pockets – 64%

3.       At the back of drawers – 49%

4.       Under the bed – 22%

5.       Inside pots and/or ornaments (e.g. vases) – 16%

Participants were given the option of ‘other’ in order to add in some of the more unusual locations they’d found hidden change in their homes. From this, researchers uncovered that a total of nine participants had found loose change hidden in a pet’s bed, while seven respondents managed to retrieve money that had been dropped into their toilet bowl. 

When asked if foreign currency from travelling abroad had been amongst the loose change found around their home within the last year, more than three quarters of respondents (77%) admitted that it had been. Of these, the majority (84%) stated that they’d forgotten they had the currency following their return from foreign trips, as there wasn’t enough to convert back into UK sterling. The most common foreign currencies unearthed in UK homes emerged as Euros (78%), US Dollars (23%) and Turkish Lira (19%).

Kirsty O’Sullivan, spokesperson for, said:

“Finding a little unexpected treasure at the bottom of your sock drawer or down the side of your sofa can be a thrill – depending on how much you discover.” 

And with that, we encourage you to have a rummage behind your sofas, under the bed and definitely under where ‘X’ marks the spot in your garden (who knew that was there?). And if you happen to come across those coins that you have no use for, then why not give us a call, so we can help you shift that unwanted currency!

A Brief History of the Knights Templar

Posted on: June 9th, 2017 by Ian Stormnet

And London’s First bank…

Our knowledge of currency stems from the invention of trade between merchants. This was often trade between workmen, trading their services, goods or cattle.  However, the concept behind storing currency to those who could be trusted with others money was one that came about in the 1100’s. It was established by a group of men called the Knights Templar.


Who are the Knights Templar?

These groups of men were thought to be warrior monks that were highly faithful to their religion and the holy war and fancied themselves as loyal to their hierarchy. Their home was situation on Fleet Street in London, a place called Temple Church. This church still exists today and is not just known as the residency of the Knights Templar, but home to London’s first bank.

Why and how did they come to create London’s first bank?

The thought behind this idea came from the pilgrimage that the Knights were dedicated to: a voyage that took them thousands of miles from London to Jerusalem. They needed somewhere to store and exchange their money safely and trustfully and avoid taking large sums of cash from one end of Europe to the other. The idea was that they could store their money in London and withdraw it in Jerusalem, saving them from being burgled when carrying large amounts of cash and still being able to afford food ad resources for their journey.

How did it work?

Though not the same of banks today, which are typically ran by the government, these banks were thought to be ran privately, owned by the Pope and connected through Kings and Queens across Europe. This allowed some sense of security for the Knights. However, this was not just a typical exchange and transfer of money for its users, the bank provided financial services. The Templars acted as brokers, providing Kings and Queens with land through the means of loans and yearly payments. It is known that the Crown Jewels were kept there as a security loan for payments of small islands across Europe, similar to the pawn-brokers of today, although on a much larger scale (I have a feeling that the Queen has never popped down to her local pawn shop with the Crown Jewels for a house in the countryside!) Though this did not last forever and eventually the European order of this bank and others broke down by the 1300’s after the European Christians lost control of Jerusalem.


New Ventures

However, all is not lost. Though the Templar disbanded, an Italian merchant placed in Lyon, France, decided to buy and sell debt, becoming very rich. While the other merchants around him were laboring, trading their goods, this Italian merchant simply sat and waited for money to come to him. He would sell something called a ‘bill of exchange’ that could be recognised, not as money, but as a means of exchange for money in the Italian province of Florence – Many miles away from the small town in France where he resided. It eventually become a large network and as this network of bankers grew, they would meet every year at fairs in places such as Lyon to go through their books and settle any unwanted debts. From this model comes the credit card, a system that allows a simple piece of paper (or in today’s technology, a chip and pin card) to exchange credit for goods: a radical new system that was worth investing in.


This system did not come without mistrust and a band of hierarchy that became corrupt with power. Much like events we saw on Wall Street in the 80’s, banks and organisations alike across the world would come together in an effort to avoid paying tax and creating private money between the hierarchies that were untouchable by the government. The regulations of these banks have been tested time over by governments across the world, yet it seems that those holding the most power (and coincidently, the most debt) will always prevail. Even back in the 1300’s the Templars saw their fate as one of torture by the King, who had outstanding debts he couldn’t pay off. Instead of simply working with these men to sought restoration, he used his hierarchy to have them tortured and burned to death in order to claim back what he believed to be his.


Great minds think alike

This may have been a great new way to share and exchange money but back in China, several centuries earlier; the Tang dynasty used a similar format called “feiquan”. This can be translated to ‘flying money’. It was a system that allowed merchants to deposit their profits into a central office and then withdraw it in cash in the capital.

Although this is a great piece of British and European history, we won’t let you go through the hassle of long voyages or trading cattle for a simple credit exchange! At Cash4Coins we exchange your foreign currency… for cash! We can’t accept your Crown Jewels, but give us a call today if you would like to know more about how we can help you.





Exchange Coins

Posted on: August 9th, 2012 by Ian Stormnet

Exchange coins into Sterling…

At cash4coins we will exchange coins and convert them into Sterling currency for you. We all have foreign change and foreign coins lying around from holidays abroad and business trips. Why not exchange coins with cash4coins and convert the leftover foreign money into UK currency right now!

Banks will not exchange coins and convert them into UK currency. However, we will. We buy foreign currency in the form of coins and will pay you in Sterling, which means that you can at last get some value from your foreign change collection.  Why leave your foreign coins sitting around collecting dust when we can exchange coins into Sterling for you. It’s quick, it’s fast and it’s convenient.

We exchange all coins such as Euro, Dollars, Yen, Pesetas and everything in between – we even exchange old British and Irish coins!  Have you got any old British coins that you didn’t have a chance to exchange before the deadline?  If you do, we can change them for you. That might be music to your ears if you have jars and jars of coins that you thought were useless.

Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details.  We do all the counting and sorting saving you the trouble of doing it yourself.

Many of our customers exchange coins as a fundraising idea for charity or for their local school, hospital or club. Collecting foreign coins is a very simple and effective way of fundraising and can be carried out by almost anybody. Just collect the coins and send them to us, we will sort, count and collate the coins and then pay you in Sterling via cheque or directly into your bank account by BACS or by Paypal (if you have a Paypal account).

For many businesses these days times are tough. And for those that accept (either willingly or unknowingly) foreign coins then this can make a difference to cashflow. The good news is that we help lots of businesses monetise foreign coins that were previously useless. For example you may be a shop, bar or restaurant in a busy tourist destination such as London, a local authority or tourist attraction that gets foreign coins through normal daily operations or an airport or airline. Whatever your situation we can help you with your foreign coins. Contact our team today for help.

Don’t let all that foreign currency go to waste use the cash4coins service to exchange coins now.  We would be delighted to assist you and our friendly team is on hand to help you with your questions. It’s never been easier to exchange coins for Sterling and we are the company to help. Remember, this is a service that the bank cannot help you with, but we make it easier than ever.  Turn that old currency or foreign currency into money that can work for you.  A night out, a shopping spree or simply extra money to pay the bills – this is what our many customers are doing with their Cash4Coins money.

Coins For Cash

Posted on: August 8th, 2012 by Ian Stormnet

Change your foreign coins for cash with us…

We buy foreign coins for cash! If you have any unwanted foreign coins lying around don’t let them go to waste, collect them and send them to us and we’ll change them for you. UK banks do not change foreign coins for cash but we will! We buy foreign coins and send you payment in the form of direct electronic  payment into your bank. We can also pay via PayPal as well as cheque if required.

We exchange all coins such as Euros, Yen, Pesetas, Swiss Francs and Dollars – we even change old British and Irish coins.  Why not take a look around your house now to see what foreign coins you have just sitting around and doing nothing?  We can help you to turn this morning into money in the bank to spend on anything you like.  It really could not be easier.

Our coins for cash service is second to none and many of our customers get together with friends and relatives to collect foreign coins and then send us a bulk consignment. You may want to collect coins for cash for your local school, hospital or charity. It’s one of the best fundraising ideas around and very successful for charities. Why not start collecting foreign coins for cash today.

Coins for cash the easy way

The process is very fast and simple…

1. Package up your foreign coins and notes (we even accept old UK and Irish currency) and send to us. (see how to do this on the page ‘How to send us coins‘)

2. We sort and count the coins and e-mail you an offer to buy them.

3. If you accept our offer then we’ll pay you via direct bank transfer, PayPal or cheque. It really is that simple. (in the event that you don’t accept then we will return your foreign currency for FREE – this is our 100% satisfaction guarantee)

Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details.

If you’d like to exchange your coins for cash then contact us today. We’d love to help you.  We have helped countless customers to change their leftover currency and we could help you to do the same. Just look at what some of our customers are saying about us in our customer comments section.  Whether you are a charity, a school, museum or hospital or you have just returned from a foreign holiday or business trip, we can help you to spend that money on something you really want or need.

Exchange coins for cash the easy way with Cash4Coins. We are on hand to help with any amount of coins and if they weigh over 5KG we will arrange collection of them for FREE.  And we’ll get a valuation to you as quickly as possible for you to consider at your leisure. There is absolutely no obligation but we think you will be nothing short of delighted with our valuation.

Bank that will Exchange Euro Coins

Posted on: August 6th, 2012 by Ian Stormnet

Is there a bank that will exchange euro coins?

If you are looking for a bank that will exchange euro coins then you could be looking for a long time! This is because both banks and bureau de change counters (such as the Post Office) will NOT change euro coins back into sterling. This is because of the huge costs in counting, sorting and shipping this low value currency – there are simply no margins in this business for the banks.  So, what do you do?  You have a mountain of coins to exchange somewhere and no way of doing it. It can be such a frustrating experience.

But there is good news!  At Cash4Coins we offer expert help when it comes to exchanging your foreign coins.  Simply send us your coins, accept our valuation and you could have Sterling (or the currency of your choice) in your bank account very quickly!  Take a look at our testimonials to see just what others are saying about our service.  We would be delighted to give you the same experience so get in touch with us today to find out more.

Although we are NOT a bank we will exchange euro coins back into cash – we provide this service for a wide variety of companies, charities, schools, museums, PTAs as well as a whole bunch of private individuals who simply want to cash in those unwanted foreign coins that they have lying around. So if you are looking for a bank that will exchange euro coins then contact us here at cash for coins instead!

Our service is fast, efficient and simple. This is why we are the trusted brand to exchange foreign coins in the UK.

Above certain weights we’ll even collect your foreign  – please go to ‘How to send us coins‘ for full details.  You don’t even need to count your coins or even sort them as we do that job for you.  Our expert coins collection team will get to work immediately.

Once we have the coins we then sort and count them and provide a valuation offer to buy your euro coins and other foreign currency. If you accept the offer then payment is usually made in under an hour directly to your nominated bank account. And the great news is that if you decide not to accept our offer then we’ll send your coins back to you free of charge. So there really is nothing to lose. You can see what a great service we offer simply by taking a look at our customer comments.

So if you are looking for a bank that will exchange euro coins then contact Cash4Coins instead – we’ll change your euro coins into cash in a flash!  We are quick, attentive and reliable and those are just some of the reasons that our customers come back to us time and time again. Whether you are an individual with lots of leftover holiday currency or you are  charity looking to boost your cashflow, we can help you to do it.

Exchange 1 Euro Coins

Posted on: August 6th, 2012 by Ian Stormnet

Leftover currency? – Exchange 1 Euro coins today.

There are lots of people with a collection of 1 and 2 Euro coins from trips abroad, change received from charities or shops. For most people and organisations this currency has no value because it cannot be exchanged back into Sterling. So most of the time it simply goes to waste. The most common coin in circulation is the 1 Euro with and estimated 6.2 billion floating around! This includes many millions that are not in the Eurozone but in other countries taken home from holidays and trips.

However, here at Cash 4 Coins we exchange 1 Euro coins and in fact any foreign currency or old British and Irish coins back into Sterling. Our service is super-fast, secure and allows you to change any foreign currency back into Sterling.  If you go on regular European business trips or holidays (lucky you!) and you have lots of 1 Euro coins knocking around in drawers, purses, jars or wallets, we can help you to turn these into Sterling that you can use for the things you need.

The problem in the UK is that the banks will not exchange 1 Euro coins as it is simply not worth their while to do so.  That means our customers are often left with pockets jangling with coins they can no longer use.  If you are not sure when you will next be visiting a Euro zone country, you can exchange your 1 Euro coins with Cash4Coins today and we are standing by to help you.  Speak to our team now about any aspect of our service or simply view our FAQ to find out how you can send us your coins.  We would be delighted to help you.

You simply package up your foreign coins and post then to us (Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details)

Once we receive your coins we’ll then sort and count these and then e-mail you a valuation offer. If accept this then we’ll pay you directly into your bank account – it’s really that easy! In fact it’s the best way to exchange 1 euro coins in the UK. In the unlikely event that you don’t accept our valuation then we’ll return your coins at our expense.

We have loads of satisfied customers and you can see their comments on this website. We are also the trusted partner for charities, schools, businesses and hospitals.  For lots of fundraising ideas, call our team and we can give you more information about arranging a foreign coin charity collection or other ways to raise awareness of these poor coins going to waste.  You’ll be amazed at the response you receive.

In addition to the 1 Euro coin we also exchange:

2 Euro coins
50 Cent coins
20 Cent coins
10 Cent coins
5 Cent coins
2 Cent coins
1 Cent coins

If you’d like to discuss how to exchange 1 Euro coins or any foreign currency then we’d be delighted to talk to you. Contact us today.


Exchange British Coins into USD

Posted on: August 6th, 2012 by Ian Stormnet

Exchange British Coins into USD with Cash4Coins

If you’ve been on holiday or business trips to the UK then you’ll most likely have some British coins left over. As US banks won’t exchange British coins into USD you can be left with a hand full of change that’s not worth a cent in the USA.

The great news is that here at Cash4Coins we’ll exchange British coins into USD! We specialise in changing foreign currency around the world and can turn those useless British coins back into US Dollars. We have many customers around the world and in particular the USA – just send us your Sterling currency and we’ll change it into USD. It’s really that easy… we’ll also pay directly into your bank account  or via PayPal if required. Check out our customer comments section to see what our clients say about our service  – you’ll also see a load of recommendations from our lovely customers in the USA.

At Cash4Coins we help customers everyday from around the world to change their currency into a currency that they can use in their home country. Our service is quick, reliable and one that our customers return to time and time again.  Become a Cash4Coins customer today!

You may have one and two pence coins, five pence, ten pence, twenty and fifty pence coins as well as the higher one pound and two pound coins. We’ll exchange any number of coins and we get sent a significant amount of one and two pound coins. To make it worthwhile posting the British coins to us why not get together with friends or work colleagues and collect their pound coins and pence and send to us for exchange. You can exchange British coins into USD and then use the money for yourself or alternatively you may want to donate the money to charity or a good cause.

We recommend that you contact us before you send your coins so that we can advise on potential values before posting. We really want you to get the best value from our service and our team is always on hand to ensure that happens. We can exchange any currency too so if you have any other coins or notes just hanging around and not doing very much, we can assist. Turn that leftover money into USD that you can use!

Many of our US customers come to the UK on regular business travel or holidays of a lifetime.  Sometimes they don’t know when they may return to the UK again and have lots of UK currency that they cannot use.  We can give you an excellent rate if you want to exchange British coins into USD so why not contact us today for a valuation. Remember, we can give you advice on postage from the States too so give us a call or use our contact form for an estimate.  We really do want you to get the best value. Whatever you do don’t waste those sterling coins… exchange British coins into USD today!

Where Can I Exchange Euro Coins into Sterling?

Posted on: August 6th, 2012 by Ian Stormnet

Where can I exchange Euro coins into Sterling – Cash4Coins

If you’re asking “where can I exchange Euro coins into Sterling?‘ then you’ve come to the right place! Here at Cash4Coins we change euro coins into GBP – even when the banks don’t.  You see, it is not cost effective for the banks to change up your coins and they simply do not have the specialist mechanisms in place to help you. That’s where our service comes in and we think you will be delighted with the results!  Don’t let your old euro coins sit around doing nothing when we can turn them into lovely Sterling that you can use right away!

Our service is fast, simple and secure and it allows you exchange euro coins into Sterling. You simply post us your coins and notes, we then count, sort and classify them and provide a valuation offer by e-mail. If you’re happy with the offer we then pay you directly into your bank account – And in the event that you don’t accept our offer then we’ll send your coins back to you at our expense – So there is no risk. This is our 100% guarantee of satisfaction and yet another reason why we are the trusted partner for charities, hospitals, schools, banks, shops and businesses across the UK.

This is why when people ask where can I exchange Euro coins into Sterling the answer is!  We offer quick, helpful and attentive service and would be delighted to help you get the best rate for your coins no matter how many you have. We can also exchange notes so start looking around your house for leftover foreign currency!

Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details. We even have over 4500 drop off points where you can conveniently take your currency.

We will exchange foreign coins from any country:

We exchange all foreign coins
We change all foreign banknotes
We exchange Euro coins and pre-Euro coins
We exchange old British and Irish coins
We even exchange pre-decimal currency


Super-Fast Payment

If you accept our offer then we offer lightning fast payment. From agreement we’ll usually have your funds in your bank in under 1 hour – it’s really that rapid. Just checkout our customer comments to see how satisfied our clients are with our service.  And you are in no way obligated to accept the valuation we give you. If you don’t want to accept, simply let us know and we will send back your coins free of charge.  We can’t say fairer than that!

So if anyone asks you “where can I exchange Euro coins into Sterling?” the you can tell them to use Cash4Coins!

If you’d like to talk to us about any aspects of exchanging foreign coins then please contact us. We offer FREE help and advice as well as great hints and tips on how to make your collection effective. Go on, give us a call – we love to help you make the most of your money.


Coin Currency Exchange

Posted on: August 4th, 2012 by Ian Stormnet

THE leading coin currency exchange service…

At Cash4Coins we provide a coin currency exchange service that allows you to exchange foreign coins and notes into Sterling. We accept ALL currencies from the Euro to Pesetas and anything in between. If you have any leftover foreign coins lying around at home or at work then why not turn them into £GBP today?

We pretty much accept all coins and notes:

Any foreign coins
All foreign notes
Euro coins and notes
Pre-Euro coins and notes
Old British coins and notes
Old Irish coins and notes
Pre-decimal coins and notes


We also offer a 100% satisfaction guarantee – if you are not entirely happy with our valuation we will return your coins at our expense. So there is no risk whatsoever. This is just one of the reasons why we are the trusted partner to banks, hospitals, schools, charities, attractions and businesses. We pride ourselves on a great customer experience and it shows in everything we do.

At Cash4Coins we appreciate that the banks won’t change coins back into Sterling for you.  They don’t want to get involved with the sorting, counting or repatriation of foreign coins and so don’t offer a coin currency exchange service.  That’s where Cash4Coins comes in.  We bridge the gap by offering a simple, convenient and quick coin currency exchange service that you can use whenever you have foreign coins to exchange.  Just think about that extra money you could have in your pocket and you don’t even have to worry about counting or sorting your coins as we handle that side for you.

Our coin currency exchange service is fast and easy to use…

Step 1 – Package up your coins and post to us here at Cash4Coins

Step 2 – We count and sort the coins and provide a valuation offer

Step 3 – If you accept our valuation then we’ll transfer the money directly into your bank account (or PayPal) account if you prefer. (If you don’t accept our offer then we’ll return the coins to you at our expense) – It really is that easy!

Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details.  What could be easier than arranging your coin currency exchange with the experts at Cash4Coins?  We have helped countless customers to release the value of their foreign coins. This is money that was simply lying around, but which we were able to transform into cold hard cash ready to spend in the UK. Whether you are a charity, school, hospital, museum or you have just come back from holiday with a pocketful of coins, we can help.

This is why so many people have used our tried and tested coin currency exchange service. Lots of people like to get together to collect foreign currency with friends and colleagues – it’s a great way to raise money for your local charity, school or club.  We can also give you some great fundraising ideas so get in touch with our teams today.

If you’d like to talk to us about how to exchange foreign coins or if you’d like more info or help then please get in touch.


Exchange Pesetas

Posted on: August 4th, 2012 by Ian Stormnet

How to exchange Pesetas into Sterling

If you have a pocket full of Spanish Pesetas that you don’t know what to do with then contact the currency exchange experts here at Cash4Coins. We will exchange Pesetas back into Sterling for you and the process is fast, simple and secure.  If you are thinking this is money that you can no longer make use of, think again because we can exchange it into lovely legal Sterling for you.  It’s quick, it’s easy and once you’ve used our service once we are sure you will be back whenever you need to exchange Pesetas or any other foreign coins or notes.

Since the Spanish Peseta is no longer legal tender in Spain there are many people with old coins and notes lying around that are simply going to waste. As UK banks and bureau de change operations will not exchange these they have become effectively worthless for many people. However, here at Cash4Coins we can help – we exchange pesetas back in to £GBP so you can now leverage some value from those unwanted foreign coins and notes.

Above certain weights we’ll even collect your foreign coins for FREE – please go to ‘How to send us coins‘ for full details. We also offer a 100% satisfaction guarantee that means if you don’t accept our valuation of your Pesetas then we’ll simply return them to you at our expense. This means that there is no risk whatsoever. This is just one of the reasons why we are the trusted foreign coin exchange brand for individuals, charities, companies, schools, banks and hospitals across the UK, Europe and the world.

And the great news is that we’ll exchange ANY foreign currency – so if you want to get some value from your foreign coin collection, club together with friends or colleagues to do a charity coin collection or simply exchange Pesetas from your trips to Spain then contact us here at Cash4Coins.  That Spanish holiday you had years ago may be a fading memory, but you can make use of the currency you had left over by using our quick and simple service.  You don’t even need to count and sort the coins as we will do that bit for you.

To see how fast and easy it is to send coins simply go to our page ‘How to send us coins‘ If you’d like to speak to us about how to exchange Pesetas or any aspect of foreign coin exchange then we’re on hand to talk.  We have helped individuals, charities, hospitals, schools and museums to make the most of their foreign currency and we are standing by ready to do the same for you.  Simply send your coins to Cash4Coins and we will exchange your Pesetas without any problems.  That’s something your bank can’t and won’t do, but it’s something we specialise here at Cash4Coins.

You really have nothing to lose and if you have over 5kg of Pesetas ready to be exchanged we will pick them up from you for FREE!