A coin handling mechanism (10) for conveying coins to a remotely positioned coin receptor which accumulates the deposited coins. There is a liquid diverter within the mechanism for directing the flow of liquid injected through the coin entrance slot (22) downwardly along the back of the housing (12) to a fluid collecting chamber (46). A plurality of ribs (56) at the back of the housing form channels (58) for directing the flow of the fluid along the back of the housing (12). There is also provided a coin discharge chute (34) having an adjustment mechanism to adjust the point of discharge of the coins. This compensates for variances in various vending machines and positions the coin discharge chute (34) properly with respect to the coin receptor.