Currency processing device

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7232024
APP PUB NO 20050241909A1
SERIAL NO

11137295

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A currency evaluation device for receiving a stack of currency bills and rapidly evaluating all the bills in the stack. The device comprises an input receptacle for receiving a stack of bills to be evaluated and a plurality of output receptacles for receiving the bills alter they have been evaluated. A transport mechanism transports the bills, one at a time, from the input receptacle to one of the output receptacles along a transport path. A discriminating unit including a detector positioned along the transport path between the input receptacle and the output receptacle evaluates the bills. The discriminating unit counts and determines the denomination of the bills. A means for flagging bills meeting or failing to meet a certain criteria causes the transport mechanism to halt in response to a determination that a bill meets or fails to meet the criteria.

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First Claim

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Patent Owner(s)

  • CUMMINS-ALLISON CORP.

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Graves, Bradford T Arlington Heights, IL 53 9923
Jones, William J Kenilworth, IL 175 23185
Mazur, Richard A Naperville, IL 49 6666
Mennie, Douglas U Barrington, IL 195 26919
Munro, Mark C Park Ridge, IL 42 7423
Stromme, Lars R Holmestrand, NO 24 4131

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