Coin mechanism for vending machine for handling magnetic coins
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United States of America Patent
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Apr 23, 1996
Issued Date -
N/A
app pub date -
Nov 24, 1993
filing date -
Aug 23, 1991
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An improved coin receiving mechanism for a vending machine, especially of the bulk vending machine type, and a method for operation thereof. The coin receiving mechanism accepts magnetic coins of a proper denomination and rejects other coins. The improved coin receiving mechanism includes a coin reception slot into which a coin of proper denomination can be received, a coin rejection slot aligned with respect to the coin reception slot so that a coin received in the coin reception slot is expelled from the coin receiving mechanism through the coin rejection slot, and a magnet mounted adjacent to the coin reception slot and adapted to apply a magnetic field to retain a magnetic coin in the coin receiving mechanism so that the magnetic coin can be directed into a coin storage area.
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