Currency note dispensing system

Classifying – separating – and assorting solids – Sorting special items – and certain methods and apparatus for... – Sorting paper money

Patent

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Details

209551, 209909, 194 4R, 194DIG26, 221 71, 221197, 235 92SB, 271 8R, 271207, 242 673R, B07C 500

Patent

active

043378641

ABSTRACT:
Two embodiments of a system for dispensing currency notes are disclosed. The first embodiment of the system comprises two major components, a cartridge (10) and a dispenser (14). The second embodiment of the system comprises three major components, a cartridge (10), a loader (12) and a dispenser (14). The cartridge (10) comprises a housing (28) having a supply spool (30) and two takeup spools (32, 34) rotatably mounted therein. Outer and inner flexible films (36, 38) are secured to and wound about the spools. Individual currency notes (18) are sandwiched between the films (36, 38) and stored on the supply spool (30). The loader (12) separates and verifies individual currency notes from a stack and transports the currency notes to the cartridge (10). The loader (12) causes the supply spool (30) to rotate so that an individual currency note is stored on the spool and further resists the rotation of the takeup spools (32, 34) to maintain tension in the films (36, 38). The cartridge (10) is removed from the loader (12) and transported to a remote dispenser (16). The cartridge (10) is inserted into the dispenser (16). Activation of the dispenser (16) causes rotation of the takeup spools (32, 34) and a resistance to rotation of the supply spool (30) which dispenses an individual currency note. The first embodiment of the system provides the advantage of permitting a number of cartridges (10) to be interchangeably used with a number of dispensers (14). The second embodiment of the system provides the advantage of permitting the cartridge (10) to be adapted for use with both the loader (12) and dispenser (16) and thereby permits a single loader (12) to serve many dispensers (16).

REFERENCES:
patent: 1953073 (1934-04-01), Chiger
patent: 2009385 (1935-07-01), Chiger
patent: 2687135 (1954-08-01), Heim
patent: 2981492 (1961-04-01), Simjian
patent: 3026023 (1962-03-01), Hirschfeld
patent: 3038157 (1962-06-01), Simjian
patent: 3039582 (1962-06-01), Simjian
patent: 3072237 (1963-06-01), Simjian
patent: 3193283 (1965-07-01), Smith
patent: 3222057 (1965-12-01), Couri
patent: 3442363 (1969-05-01), Riddle et al.
patent: 3447655 (1969-06-01), Tanaka et al.
patent: 3683943 (1972-08-01), DeCrepy

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