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Enterprise

Bullion firm launches on back of success of sister company

Sterling Mint specialises in rare and commemorative silver coins and medals

Karen Barley of Silver Mint's sister company, Hattons of London

A firm which specialises in rare and commemorative silver coins and medals has been launched in North Staffordshire.

Specialist coin and medal business was born out of the success of its sister company Hattons of London, which was launched in June 2017.

Hattons of London – which specialises in rare and exclusive gold coins – employs 45 staff at its offices in King Street, Newcastle-under-Lyme, and is preparing to relocate to ‘significantly larger’ town centre premises at Copthall House in June after seeing its business continue ‘almost uninterrupted’ despite the coronavirus outbreak.

Now sister business Sterling Mint has been launched to complement Hatton’s offering with a host of new silver coins and medals.

At the moment, Hattons of London is donating its staff, premises and infrastructure to Sterling Mint for the handling of all orders.

But bosses hope to create up to 30 new jobs at Sterling Mint over the next three years.

Karen Barley, head of sales and operations at Hattons of London, said: “Sterling Mint was officially established in February with a view to launching in April.

“The original idea was that Sterling Mint would offer a range of coins and medals in silver to complement the offering of Hattons of London which obviously specialises in gold.