Abstract: An improved and simplified coin operated mechanism for newspaper dispensers and the like includes a more secure and reliable latch which operates in conjunction with a column of coins of the required denominations in a mode counter to the prior art for the sake of greater reliability and simplicity. Latch retainer pins, subject to gradual wear, are made easily replaceable on the mounting bracket. Counterweighted pawls, which must accurately gage the heights of required coin combinations, have an improved mounting and adjusting arrangement on the mechanism whereby the parts can be quickly disassembled and reassembled and adjusted on the mechanism for accuracy of operation. The invention additionally possesses an improved and simplified Sunday paper lock out and release device and an improved coin release and return mechanism for improper or defective coins including a unique anti-cheat feature.