A value medium processing apparatus includes a common rolling path on which the IC coin and the coin roll, a coin characteristic detector provided on a side portion of the common rolling path, an IC coin characteristic detector configured to detect IC coin rolling on the common rolling path; an inlet to a coin path on which the coin rolls and an inlet to an IC coin path on which the IC coin rolls, a medium sorter provided upstream of the coin inlet and the IC coin inlet; a communicator provided on a side of the IC coin path and communicating with the IC coin; and a controller actuating the medium sorter based on one of characteristic information from the coin characteristic detector and information from the IC coin characteristic detector, and switching the common rolling path to one of the IC coin path and the coin path.