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Publication numberUS2569360 A
Publication typeGrant
Publication dateSep 25, 1951
Filing dateJan 5, 1949
Priority dateJan 5, 1949
Publication numberUS 2569360 A, US 2569360A, US-A-2569360, US2569360 A, US2569360A
InventorsWeingart Richard I N
Original AssigneeWeingart Richard I N
Export CitationBiBTeX, EndNote, RefMan
External Links: USPTO, USPTO Assignment, Espacenet
Registering coin bank
US 2569360 A
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Description  (OCR text may contain errors)

Sept- 25, 1951 R. l. N. WEINGART REGISTERING COIN BANK 2 Sheets-Sheet l Filed Jan. 5. 1949 INVENTOR. Pfaff/rea /v. Wem/51er BY l *- 4free/wry You HAVE DE Poslrsn /27 YpU HAVE DEP05|TED You Have lDEPomeu R. l. N. WENGART REGISTERING COIN BANK Sept. Z5, 1951 2 Sheets-Sheet 2 Fil'ed Jan. 5. 1949 Patented Sept. 25, 1951 UNITED STATES PATENT OFFICE Claims.

This invention relates to coin banks which register the total amount on deposit and has for its principal object to provide a registering bank of this general character wherein the usual registering mechanism is totally eliminated, the 5 totals being shown on tickets, one of which is delivered with each deposit.

Coin banks having means for registering total deposits must necessarily have a relatively complex totalizing mechanism and if the bank is arranged to receive coins of plural denominations the number of parts must be increased accord.- ingly.

The coin bank of the present invention is characterized by an absence of such mechanism, totals being shown on tickets, either in strip form or in pre-cut condition, one ticket being delivered upon each deposit which shows the total previously deposited in the bank, including the current deposit.

In one embodiment of the invention the tickets are in strip form, each ticket showing the amount currently being deposited plus the amount previously received. A suitable sight opening in bank housing permits the latter item to be visible but not the former item. Thus, if it is a single coin bank, say for dimes only, and $1.20 has previously been deposited, this item of $1.20 will be visible on the ticket which is to be issued by the machine upon the next succeeding deposit. Such ticket also has the notation c printed under the $1.20 item and below the 10 item the final total of $1.30 is printed. Accordingly, when the next dime is inserted Iand the ticket delivered, the $1.30 total will be shown thereon and the next ticket, still in the machine, will show the $1.30 total.

If the tickets are in strip form each individual ticket section may be perforated at each end and a hole for a driving sprocket may also be formed in the ticket. Manual feeding means is released for movement upon insertion of a coin and when the forward ticket has been moved through an opening in the housing it may be severed by a tear edge associated with the opening.

Similarly, if the tickets are pre-cut, convenient means may be provided for delivering them, one at a time, upon the insertion of the coin.

In this fashion, the actual registering is done by the tickets themselves and the only mechanism necessary is that required to deliver one ticket upon insertion of a coin, which is very simple. A multi-coin arrangement can also be made wherein one ticket will issue upon insertion of one nickel and two -tickets upon insertion of two nickels or one dime. In each instance the registering is done by the tickets, the total on deposit being indicated on the delivered ticket and also preferably, although not necessarily, on the next ticket in the machine through a sight opening.

The coin bank of the present invention may also provide an educational asset in that historical events or other instructive data may be set forth on the successive tickets and it will stimulate interest in savings by the urge to obtain` the next ticket in the machine. Automatic means may be provided for opening a door, upon the delivery of the last ticket although this is not necessary if the present coin bank is used in cooperation with regular savings institutions wherein the institution will open the door with its own key upon exhausting of the tickets, and a .new ticket roll then inserted free by the bank.

In the drawing: Y

Fig. 1 is a front elevation of a coin bank embodying the present invention.

Fig. 2 is a vertical section taken through the bank, the section being taken on line 2 2 of Fig. 3. Y

Fig. 3 is a vertical section through the bank, the section being at right angles to the section of Fig. 2.

Fig. 4 is a broken horizontal section taken on line 4 4 of Fig. 3.

Fig. 5 is a broken vertical section taken on line 5 5 of Fig. 3.

Fig. 6 is a broken vertical section taken on line 6 6 of Fig. 3.

Fig. 7 .is a broken-side elevation, partially in section,` of the coin carrier shown in Fig. .5.

Fig. 8 is a plan view of the continuous ticket strip used in the foregoing bank.

Fig. 9 is a horizontal section taken through a modiiied form of the invention wherein pre-cut tickets rather than a continuous ticket strip is employed.

Fig. 10 is a vertical section taken on line |,0 I 0 of Fig. 9.

Fig. 11 is a vertical section taken on line I I I I of Fig. 9.

Fig. 12 is a broken vertical section taken on line I2 I2 of Fig. 9.

Fig. 13 is a fragmentary perspective View show- -ing a modified multi-coin arrangement.

The first embodiment of the invention shown in Figs. 1 to 7 inclusive includes a housing having a, front wall I0, a bottom wall I I, a xed side wall I2, a removable side wall I3 and a curved top wall I4.

A shaft I5 is suitably journalled within the housing and has keyed thereto a manually rotatable wheel IB which is knurled on its outer periphery as shown at I1.

The knurled wheel need not extend beyond the surface of the front and top walls which are suitably recessed as shown at 2| to make the wheel more accessible for rotation. Shaft I5 further carries a drum 22 which is keyed thereto which forms a drive for the ticket strip 23 which is shown in detail in Fig. 8. The ticket strip is carried on a second drum 24 journalled on a shaft 25 mounted on a bracket 26 carried on base wall II.

The ticket strip 23 is divided into ticket sections 2'I by transverse crease lines 3| and a sprocket hole 32 is aligned with each crease line or it may be located elsewhere on the ticket. There is printed on each ticket section some notation such as You have deposited and below such notation is an amount printed such as 1.70 shown at 33. Below this amount there is printed the unit of deposit .05 shown at 34. There is next a line 35 and finally the total 1.75 shown at 36. This arrangement may be used when ve cents is the unit of deposit.

The ticket strip passes over drum 22 where holes 32 in the ticket are engaged by driving pins which are spaced apart the length of one ticket section. The ticket strip is held in contact with drum 22 by fiat springs 4I and passes out of the housing through an opening in front wall I0 having an upper tearing edge 42 and a rear guide wall 43.

If a multi-coin bank is provided there may be y separate slots for each denomination. Thus, if the bank is to be used for nickels and dimes there are provided slots 44 and 45 in upper wall I4. A coin carrier 461s keyed to shaft I5 for the nickels and another coin carrier 4'I also keyed thereto for the dimes. The coins are guided in their downward movement towards the coin car'- rier by means of plates 5I.

Referring now particularly to Fig. 5 which shows the coin carrier 46 for the nickels, it will be seen that this carrier is provided with plural openings 52 which receive the 5 coin shown at 53. The coin carrier is locked against rotation by means of a bell crank lever. one leg 55 of which is received in a notched opening 56 in the coin carrier. The bell crank lever is pivoted at 60 on a lever 6I, the opposite leg 62 of the bell crank lever being urged in a counter-clockwise direction by means of a spring 63, the opposite end of which is secured to a pin 64 carried on lever 6I. Lever 6I is itself pivoted at 65 on a cross frame member` 66 and is urged in a clockwise direction by means of a spring 10. Pins 'II and 'I2 limit rotative movement of the bell crank lever.

A ratchet 'I3 having a pawl 69, Fig. 3, permits rotation of the coin carrier in a counter-clockwise direction only, when viewed as in Fig. 5. The pawl and ratchet arrangement does permit enough reverse rotation to permit movement of slot 56 relative to lever 55. Thus, before the coin 53 is inserted in the slot, the coin carrier may rotate only within the limits defined Aby notch 56. When, however, the coin is inserted and the shaft -is rotated by turning wheel I6 the coin raises a pin 'I4 carried by a lever 6I, thus raising lever 6I and disengaging leg 55 of the bell crank lever from notch 56, all as shown in Fig. 7.

In the event that a coin smaller than a 5 piece is inserted in this slot, it simply falls through to the lower end of the housing. When the coin carrier is thus rotated upon release having been effected by the coin, such coin similarly drops to the bottom of the housing. When a dime 15 is inserted through slot 45 it falls into an opening 'I6 in the second coin carrier 41. Inasmuch as the dime should provide two increments of rotation the pin I4 at its outer end carries a curved lever which is engaged by the dime and holds the bell crank lever out of engagement for such two increments of rotation.

The front wall I0 of the housing is further provided with an opening 8| which permits the previous total 33 in this instance, the figure 1.70 to be shown. The opening. however, is of suiiiciently shallow depth to conceal the balance of the indicia on the ticket.

In operation, the side wall I3 may first be removed from the housing. Any suitable locking means (not shown) may be provided for securing this side wall in place. The ticket strip may now be placed on drum 24 and threaded over the top of drum 22, the cover may now be replaced and the bank is ready for operation. The first ticket section will omit designation 33 since nothing has yet been deposited in the bank. It will, nevertheless, have notations 34 and 36 which, in this instance. will be .05 and .05. Let us assume that a nickel is now placed in the slot and the hand wheel I6 rotated. This causes the rst ticket to pass downwardly through the opening in the front wall and it is then torn oil by applying it against tear edge 42. This action continues until all of the tickets have been exhausted.

In the second form of the invention shown in Figs. 9 to 13, the housing B3 is provided with a coin opening 84 on its upper wall 85. A levez` 86 is pivoted at 81 adjacent one end of the housing. A pivoted pawl 88 of conventional construction carried by the lever engages a ratchet 89 which may be a straight rack to insure full forward travel of the lever before rearward travel begins. The coin passes downwardly through a channel 90 and into a substantially U-shaped socket 9| which is mounted on a cross slide y92 which extends through an opening in side wall 93 and ris provided with a handle portion 94. The vcross slide is mounted for such reciprocating movement on a frame member 95 which provides trackways. The lower end of the coin socket is open butthe coin is prevented from falling through the opening frame member 96 which forms a shelf. VA finger 86 is carried on .lever 86 and when cross slide 92 is moved outwardly coin 91 engages finger 96, thus moving lever 66. The lower end of channel 90 is curved at 98 to permit the coin to be carried away. A stop |00 limits outward movement of the cross slide. As soon as the coin reaches the position shown in broken lines in Fig. 1l, it drops through an opening IOI in frame 95 and into the receptacle |02 at the lower end of the housing. If desired, a `finger (not shown) may be provided for assuring disengagement of the coin from nger 96 to cause it to fall. In the event that this mechanism is arranged, vsay vfor nickels, and a dime or penny .is inserted, the diameter of the coin is not sufficiently great to cause its upper edge to engage finger 96. Thus, when the coin is moved to the right as in Fig. 11, it Simply drops through slot IOI into the receptacle without causing any movement of lever 86.

It will be seen from the foregoing that lever 66 is moved only when a coin of proper denomination is inserted in the slot.

The opposite end of lever 86 passes through an opening |08 in an intermediate wall 99 and is connected with a plate |04 which `is mounted for sliding movement in a trackway |05. The plate carries a pin |06 which is received in a slot |01 at the end of the lever. In this case, the pre-cut tickets are mounted on a plate which is urged upwardly by means of a spring ||2.

The tickets are confined in an area including the outer walls of the casing, intermediate wall 99 and another wall ||3. Sliding plate |04 has a flange ||4 along its Irear edge of sufiicient depth to engage and carry off for delivery one ticket. Wall I |3 has a short horizontal section I6 which permits iiange I4 to move behind the uppermost ticket on the return stroke. Tickets are delivered through slot I|5.

In this instance again, the ticket may have three items printed thereon, i. e., the previous total, 1.70 shown at |20, the new deposit -{-.05 shown at |2|, and the new total 1.75 shown at |22. A sight opening |23 in the top wall permits the upper ticket to be seen and a baiile |25 permits only the first item to be observed. Wall section |26 may be removable and be suitably locked in place after the tickets have been inserted.

, A coin 91` is then inserted through opening 84 and it drops onto shelf 95 and is supported by socket 9|. Slide 02 is then drawn outwardly to the position shown in broken lines in Fig. l1 after which it drops into receptacle |02. This movement of lever 86 caused by the coin acting against finger 06 causes delivery of one ticket and the spring supported shelf then moves the next ticket upwardly into delivery position.

This arrangement is convenient for a single coin bank and if a multi-coin bank'is desired the` structure of Fig. 13 may be used for delivering the tickets in place of slide |04 with its flange H4. A coin of smaller denomination will be arranged through a lever |30 like lever 86 to operate one slide |3| which has a relatively short vertical ilange |32 to deliver one ticket. A coin of higher denomination will be arranged to operate a second lever |33 connected with a second slide |34 having a deeper flange |35 which delivers two tickets. When the latter lever is actuated both slides move, the ange of each delivering one ticket. It will also be appreciated that the mechanism of Fig. 9 may be duplicated for a multi-coin bank.

While three forms or embodiments of the invention have been shown and described herein for illustrative purposes, and the construction and arrangement incidental to specific applications thereof have been disclosed and discussed in detail, it is to be understood that the invention is limited neither to the mere details or relative arrangement of parts, nor to its specific embodiments shown herein, but that extensive deviations from the illustrated forms or embodiments of the invention may be made without -departing from the principles thereof.

What I claim is:

1. A self registering coin bank provided with Aa housing having plural openings including a 'coin opening and a ticket-delivering opening, a Ymanually movable coin carrier provided with a jportion extending through one of such openings ifor actuation by the depositor, plural pre-printed 4tickets sequentially arranged in the housing and :means for delivering a ticket to the depositor upon actuation of such means after a coin has been received by the coin carrier, the outermost -delivered ticket having imprinted thereon a sum equal to the total of previous deposits, a figure representative of the value of the coin defio'mi` nation deposited, and the total of the Sum and coin value, the ticket in said arrangement adjacent the outermost ticket having imprinted thereon figures representative of the latter total, the aforesaid value and the sum of the latter total and value, and means in said housing for viewing that portion of the said adjacent ticket. whereby only the said figure representative of the last` mentioned sum is visible.

2. A self registering Ycoin bank provided With a housing having plural openings including a coin slot and a slot for delivering a ticket to a depositor, plural pre-printed tickets arranged in superimposed relation and spring means for urging the tickets to a position relative to the latter slot, movable means for engaging the outermost ticket and delivering it through the ticket. slot, a manually movable coin slide provided with a coin socket, the coin in such socket being arranged to actuate the ticket delivering means, the outermost delivered ticket having imprinted thereon'a sum equal to the total of previous deposits, a figure representative of the value of the coin denomination deposited, and the total of the sum and coin value, the ticket in said relation adjacent the outermost ticket having imprinted thereon figures representative of the latter total, the aforesaid value and the sum of the latter total and value, and means in said housing for viewing that portion of the said adjacent ticket, whereby only the said gure representative of the last mentioned sum is visible.

3. A self registering bank provided with a housing having plural openings including a coin slot and a slot for delivering a ticket to a depositor, plural pre-printed tickets arranged in superimposed relation in the housing and spring means for urging the tickets to ticket-delivering position, movable means for engaging the outermost ticket and delivering it through the ticket slot, a movable coin slide which receives the coin to cause the latter to actuate the ticket delivering means upon movement of such slide and coin, the outermost delivered ticket having imprinted thereon a sum equal to the total of previous deposits, a figure representative of the value of the coin denomination deposited, and the total of the sum and coin value, the ticket in said relation adjacent the outermost ticket having imprinted thereon gures representative of the latter total, the aforesaid value and the sum of the latter total and value, and means in said housing for viewing that portion of the said adjacent ticket, whereby only the said figure representative of the last mentioned sum is visible.

4. A self registering coin bank provided with a housing having plural openings including a coin slot and a slot for delivering a ticket to a depositor, plural pre-printed tickets arranged in superimposed relation and spring means for urging the tickets toa position relative to the latter slot, movable means for engaging the outermost ticket and delivering it through the ticket slot, a movable coin slide provided with a coin socket and which is movable upon the insertion of a coin to actuate the ticket delivering means, the outermost delivered ticket having imprinted thereon a sum equal to the total of previous deposits, a figure representative of the value of the coin denomination deposited, and the total of the sum and coin value, the ticket in said relation adjacent the outermost ticket havin-g imprinted thereon figures representative of the latter total, the aforesaid Value and the sum. of the latter www total and value, and means in said housing for viewing that portion of the said adjacent ticket, whereby only the said figure representative o f the last mentioned sum is visible.

5. A self registering coin bank provided with a housing having plural openings/including a Ycoin opening, a sight, opening and a ticketf'deliv'ering opening, a manually rotatable coin carrier pro# vided with a portion extending through one of such openings for actuation by the depositor, a pre-printed ticket strip having plural tickets in the housing and means for delivering a ticket to the depositor upon actuation of such means after a coin has been received by the coin carrier, the outermost delivered ticket in the strip'having imprinted thereon a sum equal to the total of previous deposits, a gure representative of the value of the coin denomination deposited, and the total of the sum and coin value, the ticket in said strip adjacent the outermost ticket REFERENCES CITED The following references are of record in the file 'of this patent:

UNITED STATES PATENTS Number Name Date 876,586 Powell et al Jan. 14, 1908 880,571 Powell et al Mar. 3, 1908 2,213,240 Clausen Sept. 3, 1940 2,330,871 Cookson Oct. 5, 1943 2,335,718 Wheeler, Jr Nov. 30, 1943

Patent Citations
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US876586 *Jun 22, 1904Jan 14, 1908American Coin Register CompanyCoin-registering mechanism.
US880571 *Jun 20, 1904Mar 3, 1908American Coin Register CompanyCoin-registering mechanism.
US2213240 *Nov 10, 1937Sep 3, 1940Clausen Ingard MMeter
US2330871 *Dec 1, 1939Oct 5, 1943Cookson Clarence FCheck controlled apparatus
US2335718 *Mar 19, 1942Nov 30, 1943Pitney Bowes Postage Meter CoValue stamping and vending machine
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Classifications
U.S. Classification235/100, 200/61.45R
International ClassificationG07F17/00, G07F17/26
Cooperative ClassificationG07F17/26
European ClassificationG07F17/26