A coin dispensing apparatus is provided which can detect a dispensed coin without lowering a dispensation speed of coins, even dispensed small-diameter coins without lowering a dispensation speed without damaging a coin detecting device. The coin dispensing apparatus has a throwing-out device and a noncontact type detecting device. A rebound member is provided against which the coin thrown out by the throwing-out device strikes, to rebound in a predetermined direction. The noncontact type coin detecting device continuously detects a coin before the coin strikes against the rebound member and after the coin rebounds.