Exact change coin collection device

Details Exact change coin collection device Exact change coin collection device

1997-11-12

1999-09-14

Ellis, Christopher P.

Check-actuated control mechanisms

Including electric circuit with switch operated by check

And holding circuit responsive to operation of switch

194346, G07F 500, G07F 104

Patent

active

059507950

ABSTRACT:
An exact change coin collection device has a coin holding chamber into which all coins collected are temporarily directed. A coin collection stopper releases coins from the coin holding chamber into a coin collection chamber when a preset monetary amount of genuine coins is inserted. A coin return stopper releases all coins from the coin holding chamber into a coin return when the value of coins collected exceeds the preset monetary amount; a counterfeit coin is inserted; or the time since the last coin was inserted exceeds a predetermined time. A setting mechanism permits setting the preset monetary amount.

REFERENCES:
patent: 4393972 (1983-07-01), Maloy
patent: 4437557 (1984-03-01), Kolbl et al.
patent: 4865178 (1989-09-01), Lewandowski
patent: 5415264 (1995-05-01), Menoud
patent: 5788047 (1998-08-01), Chung

Affiliated with

Also associated with

Rating

Exact change coin collection device does not yet have a rating. At this time, there are no reviews or comments for this patent.

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

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-1500009