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US3738466A Expired / Lapsed US ⏱️ 0.0 years remaining

Coin mechanism for vending machines

Assignee: Individual
•
Filing: 1971-04-16
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Granted: 1973-06-12
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Expires: 1991-04-16
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Abstract

Abstract The coin mechanism of this invention is in reality a type of adding machine. Nickels, dimes and quarters inserted into the mechanism enter into and pass through their respective coin chutes, as the coins travel through the chutes they actuate crank plates and linkage, that in turn cause a circular spaced ratchet plate that is rotatably mounted on the coin mechanism base plate to rotate in a limited manner, each ratchet tooth of the ratchet plate represents one nickel. When a nickel is inserted into the coin mechanism, the ratchet plate is rotated a distance of one ratchet tooth. When a dime is inserted into the coin mechanism the ratchet plate is rotated two ratchet teeth. When a quarter is inserted into the coin mechanism, the ratchet plate is rotated five ratchet teeth, each time the ratchet plate is rotated, it is locked in the furthermost rotated position by a stationary ratchet pawl. Thus, if one nickel, one dime and one quarter are inserted progressively into the coin mechanism the ratchet plate will be rotated eight ratchet teeth past the normal position, representing a coin value of forty cents. A circular price setter plate is located adjacent to the ratchet plate on the opposite side of the coin mechanism base plate, the price setter plate is rotatably mounted on the ratchet plate shaft that extends through the base plate, in a manner that it can be set to accommodate any one of the coin mechanism''s selling prices. The price setter plate has holes pierced through the plate on a slightly smaller radius than that of the outside radius of the ratchet plate to correspond to the number and spacing of the ratchet teeth of the ratchet plate, these holes provide means for setting the plate to accommodate the various price requirements. An opening cut inwardly from the outside of the price setter plate provides means for releasing the door or other locking elements of a vending machine, when the proper amount of coins are inserted into the coin mechanism, the price setter plate can be preset in increments of one nickel to trigger the release of the door or other locking components of a vending machine at any figure from five cents to one dollar and fifty cents.

Inventors

  • 👤 K Knickerbocker

Bibliographic Details

Application Number —
Jurisdiction US
Data Source google_patents
Last Synchronized 2026-10-31 08:22
CPC Classifications
G; G07; G07F; G07F5/00

Claims Analysis

Total Claims: 6
Claim 1
Independent Claim 306 words
In a periodical vending machine, a housing for containing periodicals to be dispensed, a removal door for permitting removal of periodicals from the housing, latch means for locking the removal door in closed position, and a coin-controlled mechanism for operating said latch means to permit opening of the door, said coin controlled mechanism including a rotatable ratchet, means for rotating said ratchet by the weight of coins in increments corresponding to the value of the coins inserted in the machine, manually set price setter means, means for connecting said price setter means for rotation with said ratchets, a lever operated by rotation of said price setter means to release said latch and permit opening of said periodical removing door and a spring for moving said lever into operable connection with said price setter means after it has rotated to the appropriate position, said coin mechanism including chutes for receiving coins of different denominations and different sizes and weights, a wire engaged by coins of the largest denomination and weight actuated by weight of a coin passing through the chute for receiving the coin of largest denominations and movable thereunder to rotate said ratchet plate and said price setter means, meAns for limiting the increment movements of the price setter plate in accordance with the value of the coin, said coin chutes including a chute for receiving nickels, a second chute for receiving dimes, a second wire movable under weights of nickels or dimes passing through their respective chutes to rotate said ratchet and price setter means in accordance with the value of the nickel or dime, and stop means for controlling the limit of movement of the second wire under weight of a nickel to prevent rotation of the ratchet and price setter means a distance greater than that desired by the value of the nickel.
Claim 2
Dependent Claim 306 words
In a periodical vending machine, a housing for containing periodicals to be dispensed, a removal door for permitting removal of periodicals from the housing, latch means for locking the removal door in closed position, and a coin-controlled mechanism for operating said latch means to permit opening of the door, said coin controlled mechanism including a rotatable ratchet, means for rotating said ratchet by the weight of coins in increments corresponding to the value of the coins inserted in the machine, manually set price setter means, means for connecting said price setter means for rotation with said ratchets, a lever operated by rotation of said price setter means to release said latch and permit opening of said periodical removing door and a spring for moving said lever into operable connection with said price setter means after it has rotated to the appropriate position, said coin mechanism including chutes for receiving coins of different denominations and different sizes and weights, a wire engaged by coins of the largest denomination and weight actuated by weight of a coin passing through the chute for receiving the coin of largest denominations and movable thereunder to rotate said ratchet plate and said price setter means, meAns for limiting the increment movements of the price setter plate in accordance with the value of the coin, said coin chutes including a chute for receiving nickels, a second chute for receiving dimes, a second wire movable under weights of nickels or dimes passing through their respective chutes to rotate said ratchet and price setter means in accordance with the value of the nickel or dime, and stop means for controlling the limit of movement of the second wire under weight of a nickel to prevent rotation of the ratchet and price setter means a distance greater than that desired by the value of the nickel.
Claim 3
Dependent Claim 264 words
In a periodical vending machine, a housing for containing periodicals to be dispensed, a removal door for permitting removal of periodicals from the housing, latch means for locking the removal door in closed position, and a coin controlled mechanism for operating said latch means to permit opening of the door, said coin controlled mechanism including a rotatable ratchet, means for rotating said ratchet by the weight of coins in increments corresponding to the value of the coins inserted in the machine, manually set price setter means, means for connecting said price setter means for rotation with said ratchets, a lever operated by rotation of said price setter means to release said latch and permit opening of said periodical removing door and a spring for moving said lever into operable connection with said price setter means after it has rotated to the appropriate position, said coin mechanism including a coin chute for receiving quarters, a second coin chute for receiving dimes and a third coin chute for receiving nickels, a wire connected to said ratchet for rotating the ratchet in an increment of five teeth upon movement of the wire under weight of a quarter, a second wire connected to the, ratchet for moving the ratchet in increments of two teeth under the weight of a dime, said second wire being moved under the weight of a nickel to rotate said ratchet and price setter means, and stop means for limiting the movement of said wire under the weight of a nickel to prevent rotation of the ratchet in increments in excess of one tooth.
Claim 4
Dependent Claim 264 words
In a periodical vending machine, a housing for containing periodicals to be dispensed, a removal door for permitting removal of periodicals from the housing, latch means for locking the removal door in closed position, and a coin controlled mechanism for operating said latch means to permit opening of the door, said coin controlled mechanism including a rotatable ratchet, means for rotating said ratchet by the weight of coins in increments corresponding to the value of the coins inserted in the machine, manually set price setter means, means for connecting said price setter means for rotation with said ratchets, a lever operated by rotation of said price setter means to release said latch and permit opening of said periodical removing door and a spring for moving said lever into operable connection with said price setter means after it has rotated to the appropriate position, said coin mechanism including a coin chute for receiving quarters, a second coin chute for receiving dimes and a third coin chute for receiving nickels, a wire connected to said ratchet for rotating the ratchet in an increment of five teeth upon movement of the wire under weight of a quarter, a second wire connected to the, ratchet for moving the ratchet in increments of two teeth under the weight of a dime, said second wire being moved under the weight of a nickel to rotate said ratchet and price setter means, and stop means for limiting the movement of said wire under the weight of a nickel to prevent rotation of the ratchet in increments in excess of one tooth.
Claim 5
Dependent Claim 82 words
In a periodical vending machine as claimed in claim 2, wherein the price setter means has an opening therein, means on said lever for engagement in said opening, said spring acting to move the lever to move its opening engaging means into the opening in the price setter means, whereby the lever will be moved to release the latch when the price setter means is moved by said ratchet into the position indicated by the price of the periodical to be dispensed.
Claim 6
Dependent Claim 74 words
In a periodical vending machine as claimed in claim 3, said price setter means including a flexible plate provided with a plurality of spaced openings, a pin carried by said ratchet, said flexible price setter plate being movable independent of the ratchet when it is flexed to be free of said pin and movable to receive the pin in the flexible price setter plate which indicates the price of the periodical to be dispensed.

References Cited (Backward Citations)

US1948107A Cited
US3028940A Cited
US3144115A Cited
US3265177A Cited

USPTO Annuity & Maintenance Windows

Annuity Stage Window Opens Payment Deadline Surcharge Period Until Estimated Fee Status
3.5 Years (Year 4) 1976-06-11 1976-12-11 1977-06-12 $2000.00 Window Closed / Lapsed
7.5 Years (Year 8) 1980-06-11 1980-12-11 1981-06-12 $3760.00 Window Closed / Lapsed
11.5 Years (Year 12) 1984-06-11 1984-12-11 1985-06-12 $7700.00 Window Closed / Lapsed

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