Method and apparatus for currency discrimination and counting
US7536046B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 8, 2003 |
| Grant date | May 19, 2009 |
| Priority date | — |
| Expiry date | Feb 26, 2027 |
Classification
- Technology area (CPC B)Performing Operations; Transporting
- CPC primaryB65H2701/1912
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A currency evaluation device for receiving a stack of U.S. currency bills and rapidly evaluating all the bills in the stack comprises an input receptacle adapted to receive a stack of U.S. currency bills of a plurality of denominations to be evaluated. According to one embodiment, a transport mechanism transports the bills, one at a time, from the input receptacle along a transport path at a rate of at least about 800 bills per minute. A denomination discriminating unit which includes a detector positioned along the transport path evaluates the bills. The device comprises a single denominated bill output receptacle positioned to receive bills whose denomination have been determined by the discriminating unit including bills of a plurality of denominations. A separate stacker bin is provided and a diverter positioned along the transport path routes bills whose denomination cannot be determined to the separate stacker bin.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.