A compact, simply structured token counting and sorting apparatus includes a rotary disc 10 which is rotatable by a handle 17. A generally arcuate token transfer track 23 including a token transfer inlet 24 is arranged along the outer circumference of the rotary disc 10. The token transfer track 23 is provided with a plurality of sorting holes 25 for successively sorting and dropping the tokens in the order of increasing diameters as the tokens are transferred from the upstream side toward the downstream side in the transfer direction. A transfer belt 30, which is annular as viewed in plan, is disposed above the outer circumference of the rotary disc 10 for rotation together with the rotary disc 10 to transfer the tokens while pressing the tokens against a surface of the token transfer track 23 A token discerner 31 is provided in the token transfer track 23 between the token transfer inlet 24 and the sorting hole 25 located at the most upstream position for determining the count and diameters of the tokens.