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:
Apr. 20, 1982
Filed:
Jun. 19, 1979
Leonard A Fish, Chicago, IL (US);
Avco Investment Management Corporation, Greenwich, CT (US);
Abstract
A single-bill currency dispenser incorporates a self-contained cartridge for storing a quantity of bills of a single denomination, and dispensing the bills singly in response to electrical control signals. The bills are loaded into the cartridge in a vertical stack of bills which may, if desired, be arranged in serial number order, and are dispensed one at a time from the top of the stack. The serial number of the bill next to be dispensed is visible through a window in the top of the cartridge case. A roller engages the topmost bill at the top of the stack and urges it forward to be received by a belt conveyor. Passage of a single bill through the conveyor triggers a switch to indicate that dispensing is occurring, and passage of two or more bills at the same time through the conveyor triggers a second switch, causing the bills to be ejected into an escrow tray. The cartridge is received and locked in place in a host machine, and correspondingly coded mechanical fittings allow insertion of an appropriate cartridge into place in the machine. When a locked case is desired, the case of the cartridge forms a locked self-contained unit, so the cartridge may be removed from the host machine without disturbing the security of the stack.