Method of giving change automatically and a coin dispenser

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Details

133 2, G07D 106

Patent

active

041261470

ABSTRACT:
A coin dispenser sequentially dispenses coins of different denominations, starting with the highest and dispensing the maximum number possible in each denomination. A plurality of stacks of coins are arranged in side-by-side relationship with a continuously rotating cylinder below them common to all the stacks. A plurality of pegs are radially slidable on and relative to the cylinder and are arranged in helical fashion, one peg per stack. Cam and ratchet mechanism is provided for selectively advancing the peg associated with the denomination of coin to be dispensed, when that peg is below its associated stack, the peg being raised during as many revolutions of the cylinder as are necessary to dispense the required number of coins of that denomination.

REFERENCES:
patent: 2975789 (1961-03-01), Schmidt
patent: 3590833 (1971-07-01), Walton
patent: 3682183 (1972-08-01), Morrow et al.
patent: 3756256 (1973-09-01), Hatanaka et al.
patent: 3958583 (1976-05-01), Shigemori et al.
patent: 3963035 (1976-06-01), Levasseur

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