Machine and method for cash recycling and cash settlement

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7992699
APP PUB NO 20040231956A1
SERIAL NO

10821004

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A cash recycling machine (10) has an input hopper (19) for feeding batches of mixed coinage to a coin sorter (21) for sorting, counting and directing coins into a plurality of bulk coin storage receptacles (31, 32, 33, 34). From there, the coins are fed into a plurality of smaller dispensing hoppers (46, 47, 48, 49) equipped with sensors (88) for counting the coinage as it is dispensed. A controller (80) is responsive to inputs from a user in a first operating cycle of the machine to cause the dispensing hoppers (46, 47, 48, 49) to dispense an amount of sorted coinage into one of several receptacles including a cash drawer (15) or coin bags (40). A controller (80) is responsive to inputs from a user in a second operating cycle of the machine to receive, sort and count a batch of coins that is loaded into the input hopper (19) and stored in the bulk coin storage receptacles (31, 32, 33, 34). The controller (80) has the ability to track input and output transactions of employees through the work shift for reconciliation at the end of the work shift and to report results to a central accounting computer. In addition, the machine (10) can operate in the first and second cycles simultaneously.

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Patent Owner(s)

Patent OwnerAddress
TALARIS INC705 SOUTH 12TH STREET P O BOX 200 WATERTOWN WI 53094

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Adams, Thomas P Oconomowoc, US 39 960
Fredrick, Robert F Watertown, US 3 109
Gunst, Robert E Neosho, US 13 129
Hanus, Joseph P Watertown, US 11 159
Stieber, Jon R Oconomowoc, US 9 278
Zwieg, Robert L Watertown, US 15 341

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