Coin deposit and dispensing apparatus

A coin deposit and dispensing apparatus comprising

• a cabinet housing the apparatus,
• a controller,
• a coin acceptance module for receiving and processing a deposited mass of coins, and
• at least one dispenser for at least one type of coin to be dispensed,
• in a deposit operation, the at least one dispenser is for receiving the deposited and processed mass of coins for buffering therein, and in a dispensing operation, the dispenser is for dispensing a specific composition of coins, under control by the controller, to a portable coin receptacle at a dispense location, and
• a closeable storage space positioned within the cabinet at a storage location different from the dispense location, the closeable storage space is for receiving a transport container, wherein the controller is configured to control the at least one dispenser to discharge one or more coins to the transport container when placed in the closeable storage space.

A method of recycling coins, the method comprising:

• providing a coin recycling apparatus having a coin acceptance module for receiving and processing coins and at least one dispenser for dispensing coins, the coin recycling apparatus having a cabinet and a closeable dispense space within the cabinet, the closeable dispense space having an open state and a closed state;
• depositing a plurality of coins into the coin recycling apparatus;
• processing the plurality of coins in the coin acceptance module;
• positioning the closeable dispense space in the open state;
• placing a portable coin receptacle into the closeable dispense space;
• closing the closeable dispense space to prevent user access to the portable coin receptacle received therein;
• and
• dispensing a specific composition of coins from the dispenser to the portable coin receptacle.