Coin and paper money payout system

Check-actuated control mechanisms – Including noncontacting – relatively movable parts connected...

Patent

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Details

194 2, 221129, G07D 100

Patent

active

041900669

ABSTRACT:
Coin handling apparatus operative to pay out selectively presettable numbers of coins and automatically substitute paper money when the number of coins called for exceeds some arbitrary limit whereby risk of depleting the supply of coins by a succession of large withdrawals is alleviated, or alternatively to dispense some predetermined number of coins or an equivalent or other denomination of paper money or tickets depending on the adjustment of a value-setting switch.

REFERENCES:
patent: 3242929 (1966-03-01), Adams
patent: 3285380 (1966-11-01), Sykes
patent: 3527238 (1970-09-01), Stamp

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