Coin acceptance mechanism and method of determining an acceptabl

Details Coin acceptance mechanism and method of determining an acceptabl Coin acceptance mechanism and method of determining an acceptabl

1997-12-18

1999-11-30

Olszewski, Robert P.

Check-actuated control mechanisms

Including means to test validity of check

By testing material composition

G07D 508

Patent

active

059926031

ABSTRACT:
A coin acceptance mechanism and a method of determining an acceptable coin includes a pair of spaced apart coils between which a coin is passed. A signal is generated in one of the coils and induced in the other coil when a coin passes between the coils. The peak amplitude of the signal induced in the other coil and the peak phase difference between the signals in the pair of coils are both compared to a range of acceptable values stored in a memory to determine if a coin is acceptable and to assign a value to the coin deemed acceptable. The coin acceptance mechanism has a program mode in which it can be programmed to recognize coins of various values and coins or tokens from various countries.

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