Coin receiving and dispensing apparatus

Details Coin receiving and dispensing apparatus Coin receiving and dispensing apparatus

1995-05-10

1996-10-08

Merritt, Karen

Coin handling

Assorter

Smallest first

453 12, G07D 306

Patent

active

055625363

ABSTRACT:
A coins receiving and dispensing apparatus suitable for food shops or restaurants allows precise transfer and reception of various coins without error and confirmation of the balance of the coin. When coins received from customers are inserted into this apparatus, the coins are immediately sorted by a sorting mechanism with respect to the denominations of the currency and stored at the respective storage portions. When the coins are paid out as change, the coin feeder operates based on a dispensing command signal produced corresponding to the differences between the sold amount inputted in the register and the received amount from the customers to feed the coins of the wanted denomination in the necessary number.

REFERENCES:
patent: 3590833 (1971-07-01), Walton
patent: 3771538 (1973-11-01), Reis
patent: 3785386 (1974-01-01), Kofsky
patent: 4167949 (1979-09-01), Hashimoto et al.
patent: 4178502 (1979-12-01), Zimmermann
patent: 5059153 (1991-10-01), Goi
patent: 5295899 (1994-03-01), Adams et al.

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