The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 03, 1976
Filed:
Dec. 11, 1974
Applicant:
Inventor:
Donald E Schmitt, Rockford, IL (US);
Assignee:
Reed Industries, Inc., Rockford, IL (US);
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G07D / ;
U.S. Cl.
CPC ...
133 / ;
Abstract
Two reciprocating slides are biased toward payout positions and are adapted to discharge coins from separate storage tubes when the slides are moved to the payout positions. The slides normally are latched in home positions and are released in such a manner that either or both of the slides may move to the payout position during a payout cycle. As a result, a coin may be discharged from either one of the tubes or coins may be simultaneously discharged from both tubes during any given payout cycle.