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:
May. 19, 2009
Filed:
May. 08, 2003
Donald E. Raterman, Deerfield, IL (US);
Bradford T. Graves, Arlington Heights, IL (US);
Lars R. Stromme, Arlington Heights, IL (US);
Aaron M. Bauch, Boxborrow, MA (US);
Donald E. Raterman, Deerfield, IL (US);
Bradford T. Graves, Arlington Heights, IL (US);
Lars R. Stromme, Arlington Heights, IL (US);
Aaron M. Bauch, Boxborrow, MA (US);
Cummins-Allison Corp., Mt. Prospect, IL (US);
Abstract
A currency evaluation device for receiving a stack of U.S. currency bills and rapidly evaluating all the bills in the stack comprises an input receptacle adapted to receive a stack of U.S. currency bills of a plurality of denominations to be evaluated. According to one embodiment, a transport mechanism transports the bills, one at a time, from the input receptacle along a transport path at a rate of at least about 800 bills per minute. A denomination discriminating unit which includes a detector positioned along the transport path evaluates the bills. The device comprises a single denominated bill output receptacle positioned to receive bills whose denomination have been determined by the discriminating unit including bills of a plurality of denominations. A separate stacker bin is provided and a diverter positioned along the transport path routes bills whose denomination cannot be determined to the separate stacker bin.