Abstract: A coin depositing and dispensing apparatus comprises a storing section configured to select and store a deposited coin according to a denomination, a coin conveying unit configured to convey the coin stored in the storing section, a switching member configured to switch a coin conveying route of the coin conveying unit to either a coin dispensing path for dispensing the coin from a coin dispensing port or a coin collecting path where a coin collecting bag is provided for collecting the coin and a regulating unit configured to restrict the switching to the coin collecting path by the switching member if the coin collecting bag is mounted but not located at a specified coin collecting position.