I think it's some kind of credit multiplier and sound regulator. Not sure though.
I am sure.... It's the credit board. This board takes the pulses from the electronic coin mech and works out how many of what type of coin has been inserted and then sends the correct number of coin pulses to the game board. The dip switch sets the price of play per game.
For example..... Lets say that the price of play is "one pound"
1) customer comes along and inserts 1 X 50p coin.... The coin mech outputs 1 pulse on the 50p line, and the credit board sees that, counts (5) and waits for more coin inputs.
2) The customer then inserts 1 X 10p coin.. The coin mech outputs 1 pulse on the 10p line, and the credit board sees that, counts (1) adds it to the previous 5, so the total now (6) and waits for more coin inputs.
3) The customer continues to insert 1 X 10p coin at a time.. The coin mech outputs 1 pulse on the 10p line each time a coin is inserted, and the credit board sees that, counts (1) for each coin and adds it to the previous total until the customer has inserted 5 X 10p Coins.
4) The customer has now inserted 1 X 50p Coin and 5 X 10p coins..... Total counted by the credit board is now (10) because a count of 10 = £1 the credit board outputs a single pulse to the game board and the game clocks up 1 Credit.
cyberwaste, I hope that you are taking full notes of all of the connections to the parts you are removing. like this credit board. If you don't keep track of the wiring and don't have original manuals, then these parts could become more or less useless.
Your coin mech and credit board are VERY useful in a Mame machine and there is actually no need to remove them from the cabinet at all.
As it's clear that you have no idea what you're doing, you need to slow down and find out before you go ripping things out of there.
Best Regards,
Julian (Fozzy The Bear)