Coin checking device for use in a coin handling machine

Check-actuated control mechanisms – Including means to test validity of check – By testing material composition

Patent

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

G07F 302

Patent

active

045723494

ABSTRACT:
A coin checking device is provided in a coin handling machine for discriminating genuine coins from counterfeit. The coin checking device includes detection coils comprising a transmitting coil for generating an exciting voltage and a receiving coil for generating an induced voltage. The detection coils detect the passage of each coin and sequentially issue signals. The coin checking device also includes a controller which may be a computer. The controller receives signals from the detection coils and makes calculations on the basis of the values of the signals in accordance with a stored program to obtain a reference value. In the controller, the reference value is then compared with a predetermined acceptable value and the degree of any difference in the value thus obtained determines whether the coin is genuine or counterfeit. The reference value in the controller is constantly renewed on the basis of new signal inputs into the controller. The acceptable value can be varied by a coin kind setting switch provided for setting the kinds of coins to be checked.

REFERENCES:
patent: 3870137 (1975-03-01), Fougere
patent: 4462513 (1984-07-01), Dean et al.

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 checking device for use in a coin handling machine 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 checking device for use in a coin handling machine, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Coin checking device for use in a coin handling machine will most certainly appreciate the feedback.

Rate now

     

Profile ID: LFUS-PAI-O-1008633

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