Abstract: The dispenser includes a bin which is adjustable for width, and a release mechanism attached to the bin externally of its outlet. The mechanism comprises a sliding shutter and a baffle, vertically disposed and breasted in mutual contact. The shutter is provided with a slot of adjustable height and moves vertically between a raised receiving position and a lowered knockout position at which the packet of coins is ejected from the slot. The baffle is urged against the shutter by the weight of the packets of coin emerging from the outlet of the bin and thus accompanies the shutter at least through part of its vertical travel.