Coin Bank

Check-actuated control mechanisms – Including electric circuit with switch operated by check – And holding circuit responsive to operation of switch

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

446 9, 453 5, D99 35, G07D 302

Patent

active

049879901

ABSTRACT:
A visually interesting coin sorter and bank receives a group of random coins in a coin receiving chamber and ejects the coins one-at-a-time to roll to the bottom of a rotatable transparent spiral elevator plate or wheel. The spiral wheel lifts the rolling coins toward the center of the wheel until caught by size restrictions in the spiral to be then moved through an arc and to drop through a proper slot to form sorted stacks of coins. The spiral wheel is driven through an electric motor which is automatically turned on as soon as one or more coins are dropped in the chamber. Aftet the last coin is sorted the motor is automatically turned off. A coin sensing lever in the coin receiving chamber releases a cycle timer to close a switch to start the motor. The rotating spiral wheel drives an ejector slide to eject the coins one-at-a-time from the chamber. When the last coin is ejected the lever sensing the absence of a coin engages the cycle timer which is driven by the wheel to turn the motor off after such last coin is sorted.

REFERENCES:
patent: D296029 (1988-05-01), Knox
patent: 1947456 (1934-02-01), Bock
patent: 3258100 (1966-06-01), Taff
patent: 3299899 (1967-01-01), Nadherny
patent: 3997045 (1976-12-01), Yeung
patent: 4511341 (1985-04-01), Spirk et al.
patent: 4607648 (1986-08-01), Hough
Mag-Nif Just For Fun! brochure, Mag-Nif Inc., Mentor Ohio, 1989.

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Coin Bank does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Coin Bank, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Coin Bank will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-808558

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.