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Apparatus and method for validation of bank notes and other valuable documents

  • US 5,495,929 A
  • Filed: 03/16/1994
  • Issued: 03/05/1996
  • Est. Priority Date: 03/16/1994
  • Status: Expired due to Term
First Claim
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1. A validator for validating the authenticity of bank notes and other valuable documents having a predefined signature produced by magnetizable material in said document, said validator comprising:

  • (a) receiving means for receiving the document, including a passage-way for containing the document;

    (b) transport means for transporting the document through said passage-way;

    (c) signature detector means for detecting the signature of the document, said signature detector means including(i) sensor means for producing an AC magnetic field in said passage-way,(ii) oscillator means for producing an oscillator signal, said oscillator means being connected to said sensor means to cause said sensor means to generate said AC field, said oscillator means including inductance means therein, said sensor means forming at least part of said inductance means,(iii) the presence of a document containing magnetizable material in close proximity to said sensor means causing a variation in the inductance of said inductance means, whether or not said magnetizable material is magnetized, and said oscillator means including means responsive to a change in said inductance for varying a parameter of said oscillator signal dependant on said variation in inductance; and

    (d) processor means for processing said oscillator signal and generating an output validation signal indicative of an authentic document.

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