System and method for managing dispensation and attribution of coins
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United States of America Patent
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N/A
Issued Date -
Feb 17, 2005
app pub date -
Jun 14, 2004
filing date -
Jun 11, 2003
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
A system (10) and method for facilitating or allowing for controlling the dispensation of one or more denominations of coins via an automated coin dispensing machine (24) component of a check-out lane (12) in a retail or wholesale store setting, and for attributing the dispensed coins for accounting or reconciliation purposes. Such attribution broadly involves designating coins within the dispensing machine (24) as part of the store's safe or operating fund prior to dispensation, and as part of a cashier's till responsibility following dispensation. The coin dispensing machine (24) makes use of bulk coin hoppers (30) rather than prior art coin canisters.
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