SYSTEM AND METHOD FOR PAYOUT OF COINS FROM MULTIPLE COIN STORAGE UNITS

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20080261506A1
SERIAL NO

11421957

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A device for the payout of coins includes a plurality of coin payout tubes, a plurality of coin discharge members, and an endless element having an engagement pin. Each coin payout tube has a coin discharge member located at one end of the coin payout tube. The coin discharge members are each physically adapted to rotate about a pivot point such that when the coin discharge members are rotated in a first direction the coin discharge members cause a coin to be ejected from its respective coin payout tube. When the coin discharge members are rotated in a second direction a coin is not discharged from its respective coin payout tube. The endless element and engagement pin are physically arranged to allow the engagement pin to rotate the coin discharge members in the first direction when the endless element is rotated in a first direction and to rotate the coin discharge members in the second direction when the endless element is rotated in a second direction.

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Patent Owner(s)

Patent OwnerAddress
COIN ACCEPTORS INC300 HUNTER AVENUE ST LOUIS MO 63124

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Levasseur, Joseph L Chesterfield, MO 43 1140
Nogin, Michael A St. Louis, MO 4 5

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