An automatic coil winding and finishing machine. First and second bobbin conveying devices of the apparatus are capable of reciprocating on linear lines while holding coil bobbins, and of stopping the coil bobbins at predetermined positions. The first conveying devices allow the coil bobbins to be fed from a feeding device to a coil winding device and then to be discharged therefrom after the completion of the coil winding process. The second conveying device receives the coil bobbins from the first conveying device, and then allows them to be subjected to coil finishing processes in cooperation with devices for the coil finishing processes, as the coil bobbins remain held by the second conveying device. The intervals at which the conveying devices hold the coil bobbins may be determined in such a manner that the intervals are reduced when the coil bobbins are transformed from the first conveying device to the second conveying device.