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.

Date of Patent:
Nov. 01, 1994

Filed:

Nov. 12, 1993
Applicant:
Inventors:

Pierre Lier, Wantagh, NY (US);

Arkady Zirkiev, Forest Hills, NY (US);

Assignee:

Greenwald Industries Inc., Brooklyn, NY (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G07D / ;
U.S. Cl.
CPC ...
194235 ; 194325 ;
Abstract

An improved mounting arrangement of a magnet within a coin chute assembly is disclosed which serves as a ferro-magnetic slug rejection system for a coin chute adapted to receive coins in a vertical position. The coin chute includes a coin slide disposed for movement inwardly of the assembly to an operate position. The magnet is mounted to a cover plate which is connected to a flange of the coin chute. The magnet is captured between the flange and projections on the cover plate thereby to be securely held in its mounted position. Alternatively, the magnet may be fitted within opposed notched edges of the cover plate in an interference fit relation. The magnet raises the slug carried by the coin slide so that inward movement of the slide causes the slug to abut against an abutment surface of the assembly thereby to prevent continued inward movement of the slide to its operate position.


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