A coin recycling machine (10) for receiving, sorting and dispensing coins, comprising a coin dispenser having a rotatable coin magazine (23) for holding respective denominations of coins and having an electronic control (100, 107), said electronic control (100, 107) being operable in response to a commanded total to control position of said coin magazine (23) to selectively dispense coins to provide the commanded total, a queuing device (52) for receiving the coins and arranging the coins in a queue, the queuing device (52) having an exit (66) directed towards said coin magazine (23) and having associated sensors (65, 72) for identifying a denomination of a next coin to pass through the exit (66) and the electronic control being responsive to the sensors (65, 72) associated with the queuing device for positioning the coin magazine such that coins are sorted into the coin magazine (23) by denomination as the coins exit the queuing device (52).