A coin dispensing device includes a plurality of coin tubes storing coins, a coin withdrawing and discharging part, a change part which locates a change lever at a dispensing preventing position, in which the coin withdrawing and discharging part is prevented from discharging coins, by energizing a change lever solenoid and locates the change lever at a dispensing allowing position, in which the coin withdrawing and discharging part is allowed to discharge the coins, by a biasing force of a return spring when the energizing of the change lever solenoid is stopped, and a keeping means which keeps a state of the change lever. The coin withdrawing and discharging part withdraws and discharges the coins when the keeping means keeps the state of the change lever and the energizing of the change lever solenoid is stopped.