Patent · US Expired

Device for validating and accumulating bills and coins

US5005688A · kind A · utility

38Cited by
4References
2Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 21, 1989
Grant dateApr 9, 1991
Priority date
Expiry dateJun 21, 2009

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07F7/04
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

In a device for validating and accumulating bills and coins for fixed and movable chute mechanisms forming therebetween a bill passage and magnetic heads provided above the bill passage for validating bills passing thereby, and head pressing rollers for pressing bills against the magnetic heads from the opposite side of the bill passage. A feature of this device is that, when a counterfeit bill is to be returned by reversing the travel of a bill conveying belt constituting one part of a fixed chute mechanism, a mechanism automatically operates to move each head pressing roller clear of the bill passage thereby to prevent jamming of the bill. Another feature is that the driving shafts respectively of the bill conveying belt and of a coin conveying belt are coaxially coupled by way of a one-way clutch, whereby when the bill conveying belt is driven in reverse dirction for rejection and return of a bill, the coin conveying belt is stopped thereby to prevent reverse conveying coins.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.