Multiple coin slot

Check-actuated control mechanisms – Control mechanism responsive to plurality of checks – Including part locked by detent and released by check

Reexamination Certificate

Rate now

  [ 0.00 ] – not rated yet Voters 0   Comments 0

Details

Reexamination Certificate

active

06666317

ABSTRACT:

BACKGROUND OF THE INVENTION
1. Field of the Invention
The present invention relates generally to coin accepting mechanisms for use in the vending machine industry, and more particularly, but not by way of limitation, to a coin slide adapted to be secured to a vending machine for authorizing activation of the vending machine upon receipt of a predetermined plurality of smaller denomination coins of predetermined size and value or a larger denomination coin of predetermined size and value in lieu of the plurality of smaller denomination coins.
2. Brief Discussion of the Related Art
Coin slides have long been utilized in the vending machine industry to accept coins, to check the coins for denomination and authenticity prior to vending, and then to receive and store the coins following vending for later collection by the owner or manager of the establishment. As prices have risen and as vending operations have become more costly, coin slides capable of accepting increased numbers of coins have been manufactured and made available to the public.
However, a problem encountered with the use of coin slides is that after they have been set up to accept a specific amount of money, a certain number and denomination of coins is required to operate the coin slide. For example, if the vending machine is set up to require a dollar, the coin slide will typically be set up to accept four quarters to make up this dollar. Thus, if a customer does not have four quarters but does have a dollar coin, the customer must get change for the dollar coin for operating the vending machine. This is not only an inconvenience to a potential customer, but can result in loss sales to the vendor if the customer is not able to quickly and easily obtain the required change or if the customer simply chooses not to attempt to obtain the required change.
To this end, a need exists for a coin slide which allows a coin slide user the option of utilizing either a plurality of smaller denomination coins or a single large denomination coin of equal value in lieu of the plurality of smaller denomination coins. It is to such a coin slide that the present invention is directed.


REFERENCES:
patent: 3732962 (1973-05-01), Hall
patent: 3871504 (1975-03-01), Anesi et al.
patent: 4098385 (1978-07-01), McNally
patent: 4119192 (1978-10-01), Hickman
patent: 4221285 (1980-09-01), Greenwald et al.
patent: 4350240 (1982-09-01), Gitlin et al.
patent: 4382499 (1983-05-01), Christian
patent: 4401202 (1983-08-01), Gitlin et al.
patent: 4499983 (1985-02-01), Gitlin et al.
patent: 4502584 (1985-03-01), Lambiris
patent: 4509630 (1985-04-01), Mongelli
patent: 4515262 (1985-05-01), Wilfong et al.
patent: 4640405 (1987-02-01), Hall
patent: 4799580 (1989-01-01), Hall
patent: 4977995 (1990-12-01), Hall
patent: 5074396 (1991-12-01), Gitlin et al.
patent: 5411125 (1995-05-01), Hiortdahl

LandOfFree

Say what you really think

Search LandOfFree.com for the USA inventors and patents. Rate them and share your experience with other people.

Rating

Multiple coin slot does not yet have a rating. At this time, there are no reviews or comments for this patent.

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

Rate now

     

Profile ID: LFUS-PAI-O-3103773

  Search
All data on this website is collected from public sources. Our data reflects the most accurate information available at the time of publication.