Paper currency acceptor

Details Paper currency acceptor Paper currency acceptor

1974-11-27

1976-06-29

Knowles, Allen N.

Classifying, separating, and assorting solids

Adhesion

Coated surface or mass

2091118, 209DIG2, 324 34R, 235 6111K, B07C 5344

Patent

active

039660478

ABSTRACT:
A paper currency acceptor which performs a first magnetic test on a first predetermined area of a bill corresponding to an area of a genuine bill printed with magnetic ink to produce a credit signal in response to a genuine bill and to reject a spurious bill not printed with magnetic ink in the first area and which performs a second magnetic test on a second printed area of the bill corresponding to an area of a genuine bill printed with nonmagnetic ink to reject a spurious bill made on a copying apparatus employing magnetic toner particles.

REFERENCES:
patent: 3293543 (1966-12-01), Nelson et al.
patent: 3706374 (1972-12-01), Ptacek

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