Coin mechanism with magnetic coin discriminator

G - Physics – 07 – D

Patent

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Details

G07D 5/08 (2006.01) G07F 1/00 (2006.01) G07F 5/02 (2006.01) G07F 3/02 (1995.01)

Patent

CA 2156787

A coin mechanism for a bulk vendor or the like is provided with magnetic discriminating means, for selectively accepting coins having a magnetic component and rejecting coins or slugs which have no magnetic component. A magnet is lodged in the coin conveyor flush with the seating surface for a coin, and resilient urging means such as a spring projects above the seating surface. The attractive force of the magnet on a coin having a magnetic component is greater than the repelling force of the spring, so a coin having a magnetic component is retained in the coin carrier while a coin or slug having no magnetic component is unseated by the spring and ejected into a coin rejection chute.

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