Coin acceptance means and method

Check-actuated control mechanisms – Including value accumulator for plural checks – Having solid state circuitry

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Details

453 17, G07F 516, G07F 524

Patent

active

047637692

ABSTRACT:
A coin acceptance construction and method for use with a predefined price vending system which includes coin analysis apparatus capable of producing coin analysis data for determining coin validity, a controllable mechanism operable to effect the acceptance or return of deposited coins, coin availability status monitors for determining coins available for payback, such monitors producing coin availability status data indicative of the status of coins available for payback, and vend control circuitry for controlling a vend operation, which vend control circuitry is operable to accumulate credit and to effect a vend when the amount of accumulated credit at least equals the vend price. The coin acceptance construction, which may be either separate from the vend control circuitry, e.g., separate decoding circuitry, or form a part of the vend control circuitry, e.g., a programmed microprocessor, is responsive to the production by the coin analysis apparatus, upon detection thereby of a deposited coin, of coin analysis data representative of a valid coin to determine the acceptability of such validated deposited coin for the particular vend operation in progress, which determination is dependent upon the vend price, the accumulated credit, the coin analysis data representative of the validated deposited coin, and the coin availability status data. The coin acceptance construction operates to effect acceptance of such validated deposited coin by the controllable mechanism and the accumulation by the vend control circuitry of additional credit corresponding to the value of such validated deposited coin unless such additional credit accumulation would result in an overdeposit the correct amount of which is unavailable in coins available for payback.

REFERENCES:
patent: 4462512 (1984-07-01), Schuller
patent: 4499982 (1985-02-01), Sugimoto et al.
patent: 4499985 (1985-02-01), Schuller

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