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Get up to 22% back on Coin in Europe with your VAT refund. Italian fashion brands, Home decor & textiles, Beauty & cosmetics across 2 stores. Rome flagship.
Founded in 1916 by Vittorio Coìn in Pianiga (province of Venice), Coin began as a street vendor license selling fabrics and haberdashery. In 1927, Coìn opened a shop in Mirano selling fabrics, yarns, and linen. The first multi-story department store opened in Trieste in 1957, followed by the Milan flagship at Piazza 5 Giornate in 1962. Coin became Italy’s first retailer to introduce a loyalty card program in 1986. In 2016, the company launched Coin Excelsior, a premium concept with its first location on Rome’s Via Cola di Rienzo. However, the company has faced significant financial struggles, with COVID-19 aggravating pre-existing debt (approximately €80 million). As of 2025, eight stores are closing, including locations in Rome, Milan, and near Florence and Venice.
Despite financial challenges, Coin remains a destination for affordable Italian fashion with VAT refunds up to 15.5%. The stores offer a more accessible alternative to luxury department stores while maintaining quality Italian design and craftsmanship.
Piazza Cinque Giornate flagship near city center
Via Cola di Rienzo store in Prati district
Coin Excelsior on Via dei Calzaiuoli near Piazza Duomo
Via dei Calzaiuoli 56/R, 50122 Florence, Italy
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Via Alessandro Scarlatti, 98, 80129 Naples, Italy
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€70.01
22% standard rate
13-17% back
3 months to validate at departure
Visit remaining flagship stores in Rome (Via Cola di Rienzo), Milan (Piazza 5 Giornate), Florence, and Verona before further closures
Coin Excelsior in Rome offers a more premium experience focusing on upmarket apparel and home decorations
Italy offers VAT refunds starting at €70.01 with up to 15.5% back—one of Europe's higher refund rates
The store specializes in Italian brands and emerging designers not widely available elsewhere
Check for clearance sales given the company's financial restructuring—potential for significant discounts
No. VAT refunds are only available for in-store purchases made in Europe. Online orders shipped internationally are already VAT-exempt.
High-value items (typically over €1,000) may require physical inspection at customs. Keep your purchase in carry-on luggage, not checked bags.
You must validate your VAT refund at your last EU point of departure, not your final destination.
With TravelMoney, refunds are processed instantly once validated at customs. Standard tax-free services can take 4-12 weeks.
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