Systems and associated methods for coin discrimination are disclosed herein. Disclosed methods for discriminating coins include recognizing strings of alphanumerical characters of the coin using Optical Character Recognition (OCR). The methods can include recognizing colors and/or reflectivity of the coin using, for example, pixel thresholding algorithms. The methods can further include adding a line to an image of the coin, and measuring angles between the line and the edges on the coin. The methods can also include generating a rectangular image of the coin using, for example, a log-polar transform, generating a series of, for example, Fourier transforms from the rectangular image, and identifying spectral peak locations and intensities in the Fourier transform results. The results of the OCR, color/reflectivity recognition, angle measurement, spectral peak location, spectral peak intensity of the coin and/or other features or aspects of coins can then be compared to known values for different coins to discriminate the coins.