Briefly, in accordance with the foregoing, the invention is related to a removable
coin storage apparatus being used in a
coin processing device, which comprises a bin, a cover, a gate, and a sloped floor. The bin comprises a first opening and a second opening, wherein a cover is used for the first opening. To allow the placement of coins inside the bin, the cover is movable between a closed position wherein the cover substantially covers the first opening, and an open position wherein the cover at least partially uncovers the first opening. The gate is
proximate the second opening, and is movable between an up position and a down position, the up position at least partially uncovering the second opening to allow the coins to be discharged from the bin, the down position substantially covering the second opening.