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Systems, methods and devices for managing rejected coins during coin processing

  • US 9,430,893 B1
  • Filed: 08/05/2015
  • Issued: 08/30/2016
  • Est. Priority Date: 08/06/2014
  • Status: Active Grant
First Claim
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1. A method for managing coins processed by an automated currency processing system, the method comprising:

  • receiving a batch of coins via a coin input area of the currency processing system;

    feeding the batch of coins into a coin processing unit of the currency processing system, the coin processing unit including one or more coin discriminating sensors;

    sorting the batch of coins into genuine fit target coins and reject coins with the coin processing unit;

    sorting the reject coins into a plurality of reject groups with the coin processing unit, each of the reject groups corresponding to a respective category of rejected coins;

    analyzing, via one or more processors and the one or more coin discriminating sensors, at least one of the reject groups to determine if any genuine target coins were mischaracterized and erroneously sorted into the at least one reject group; and

    crediting, via the one or more processors, a user of the currency processing system for the genuine target coins in the at least one reject group determined to have been mischaracterized and erroneously sorted.

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