Magnet retention for slug rejection in a coin chute assembly
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United States of America Patent
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-
Nov 1, 1994
Issued Date -
N/A
app pub date -
Nov 12, 1993
filing date -
Sep 1, 1992
priority date (Note) -
Expired
status (Latency Note)
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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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