Coin slide with means for rejecting magnetic coins

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

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194238, G07D 508

Patent

active

050279360

ABSTRACT:
A coin slide [10] is provided having an apparatus for rejecting magnetic coins and magnetic slugs and comprises a housing [11], a mounting flange [12] and a track [16]. A slide or carrier [21] is slidably received within the track [16] and has slots [23] for carrying coins standing vertically on edge along a horizontal coin path. A cylindrical permanent magnet [33] is positioned above the coin path for lifting magnetic coins and magnetic slugs at least partly out of the coin path to prevent the slide from carrying the coins farther along the coin path. An elongated cylindrical stop [34] provides a positive barrier against which magnetic coins and slugs which have been lifted by the magnet can engage to prevent further insertion of the slide [21].

REFERENCES:
patent: 799045 (1905-09-01), Grover
patent: 1109690 (1914-09-01), Merkle
patent: 1957091 (1934-05-01), Block
patent: 2026921 (1936-01-01), Tratsch et al.
patent: 2233653 (1941-03-01), Tratsch
patent: 3602352 (1971-08-01), Robinson
patent: 3732962 (1973-05-01), Hall
patent: 3887054 (1975-06-01), Allen
patent: 3978960 (1976-09-01), Mellinger et al.
patent: 4221285 (1980-09-01), Greenwald et al.

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