Coin recycling machine and method

A coin recycling machine for receiving a plurality of coins of at least one denomination, and for queuing the plurality of coins into a single file and then loading at least some of the coins into at least one stack in a coin magazine, wherein the coins are dispensed in a sequence with other denominations from other stacks, the coin recycling machine comprising:

• a coin dispenser having a rotatable coin magazine with upstanding channels for holding respective denominations of stacked coins and having an electronic control, said electronic control being operable in response to a commanded total to control a position of said coin magazine to selectively dispense coins to provide the commanded total;
• a queuing device for receiving the plurality of coins and arranging the coins in a layer, and in a single file, said queuing device having an exit directed towards said coin magazine and having associated sensors for identifying a denomination of a next coin to pass through the exit;
• and
• wherein the electronic control is responsive to the sensors associated with the queuing device for positioning the coin magazine such that coins are sorted into respective channels in the coin magazine by denomination as the coins exit the queuing device.