Coin counter/sorter and coupon/voucher dispensing machine and method
US7028827B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 12, 1996 |
| Grant date | Apr 18, 2006 |
| Priority date | — |
| Expiry date | Aug 12, 2016 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F9/08
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A coin sorting and counting machine and a method for operating it to automatically dispense cash vouchers based on the value of the counted coins, manufacturers' coupons and store coupons. Coins are placed in a hopper tray. When the hinged tray is lifted, the coins travel through a waste management system and into the coin sorting and counting apparatus. The value of the coins and the number of coins within each denomination are displayed as the coins are counted. After sorting, the coins fall into a temporary holding area. At this point the transaction can either be canceled or accepted. If the transaction is canceled, the coins are returned. If the transaction is accepted, the coins fall into a storage area and the user is issued a cash voucher and a series of store coupons. Manufacturers' coupons are dispensed regardless of whether or not the transaction is accepted.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.