Coin management devices and method

Coin handling – Counter or indicator – With means to wrap coins

Patent

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Details

453 60, 453 62, G07D 906

Patent

active

053603702

ABSTRACT:
Coin management devices having a transparent tubular device for receiving and aligning coins flat surface to flat surface and a tray into which aligned coins are arranged and the accumulated value of such coins ascertained. The tubular device has a tube of a diameter greater than a coin, with a mouth arranged midway its length communicating therewith. The tray has a channel into which aligned coins may be placed and indicia associated with the channel for ascertaining the value of coins accumulated therein. The tray may also have legs for elevating one end. A coin management method is also taught which utilizes the coin management devices, and includes the step of rocking and jiggling the tubular device to align coins into a column of a given denomination. Steps of placing coins of selected value columnarly aligned into the tray channel and arranging them in special bankers rolls by laying an open blank over the coins in the channel and tightly squeezing the ends of the blank over the outside end columnarly arranged coins and lifting the column of coins from the channel, whereupon the blank is closed to form a bankers roll. The method also includes steps of tucking an empty coin sleeve for accommodating a roll of coins of selected value and denomination into one end of the tube and inserting coins of corresponding denomination and value into the opposed tube end and then elevating the tube end containing the coins above the opposed tube end so that the coins slide into the sleeve, whereupon the coin filled sleeve is removed from the tubular device and closed.

REFERENCES:
patent: 518948 (1894-05-01), Hayden
patent: 1025228 (1912-05-01), Abbott
patent: 1085673 (1914-02-01), Doldt
patent: 1457261 (1923-05-01), Mathewes
patent: 2444804 (1948-07-01), Carruthers
patent: 3231074 (1966-01-01), Block
patent: 4183432 (1980-01-01), Lemaire

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