Abstract: A rotating drum magazine for storing and managing coins having a rotating drum formed with a plurality of compartments for receiving coins and a hinged bottom and which rotates in a radial direction between an open and closed position is provided. A driving arm rotatable in two directions selectively opens a hinged bottom. The angle of rotation of the driving arm is coded through coded discs associated with the rotating drum and is controlled by a logic control unit which causes the driving arm to selectively open and close the compartments for dispensing of the coins.