Most coin mechs (excepting the simple microswitch type) have open-collector outputs. You can confirm this by measuring the output with it not connected to anything. Because there is no pull-up resistor it is likely to be at a low voltage, below 1 volt. When the coin is inserted it should momentarily drop to zero.
If this is the case its safe to connect to the J-PAC.
If the coin signal is sitting at 12 volts then, as Bob says, you need more info on the mech. It might be OK to connect to the J-PAC as the coin input has a 5 volt zener diode which limits the voltage to 5. But, if the mech is actively pulling the voltage to 12 (very unusual) the zener will not be able to limit the voltage.
The coin mechs we sell have a coin signal which does sit at 12 volts but is not actively driven to this level. It sits at this voltage because there is a high-value pull-up resistor in the mech pulling it up to 12. This is OK to connect to the J-PAC as the zener has no problem limiting the voltage to 5 against the weak pull-up of the resistor.
Andy