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Coin acceptance means and method

  • US 4,763,769 A
  • Filed: 10/03/1986
  • Issued: 08/16/1988
  • Est. Priority Date: 10/03/1986
  • Status: Expired due to Fees
First Claim
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1. Coin acceptance means for a vending system wherein a vend price for a given vend operation is established prior to the deposit of coins or submission of credit with regard to such particular vend operation and wherein coins may thereafter be deposited during such particular vend operation to accumulate credit upon the acceptance thereof, such vending system including coin analysis means for analyzing deposited coins, such coin analysis means producing coin analysis data, controllable means for effecting the acceptance or return of deposited coins, coin availability status means for determining coins available for payback, such coin availability status means producing coin availability status data indicative of the status of coins available for payback, and vend control means for controlling a vend operation, such vend control means operable to accumulate credit upon the acceptance of a coin and to effect a vend when the amount of credit accumulate at least equals the vend price, said coin acceptance means operatively connected to the responsive to the production of coin analysis data representative of a valid deposited coin to determine the acceptability of such valid deposited coin for the particular vend operation in progress, such determination dependent upon the vend price, the accumulated credit, the coin analysis data for the valid deposited coin, and the coin availability status data, and to effect acceptance of such valid deposited coin by the controllable means and accumulation by the vend control means of additional credit corresponding to the value of such valid deposited coin unless such additional credit accumulation would result in a credit accumulation in excess of the established vend price the correct amount of which excess credit accumulation would be unavailable in coins available for payback.

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