IP Library Granted Patent US 7,571,833
Granted Patent B2
US 7,571,833 · App. 11/290,755 · Granted Aug 11, 2009

Bulk coin dispenser

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Quick Facts
Patent No.
US 7,571,833
App. No.
11/290,755
Granted
Aug 11, 2009
Kind
B2
Abstract

Bulk coins dispenser having a rotary dispensing member. Rotation of the rotary dispensing member being controllable to control dispensing of coins stored therein. The coins may be packaged into coin rolls and controllably dispensed from the bulk coin dispenser.

Claims (20)

1. A bulk coin dispenser, the dispenser comprising:

a magazine configured for holding a number of coin rolls;

a rotary dispensing member included within the magazine to dispense the coin rolls;

a pair of prongs configured to engage an underside of the coin rolls proximate a front end of the magazine from which the coin rolls exit the magazine, the prongs being configured to facilitate dislodging the coin rolls from the rotary dispensing member;

wherein the rotary dispensing member includes a number of blades spaced apart along a length of the coin rolls, each blade rotating with rotation of the other blades to facilitate dispensing the coin rolls;

wherein the blades are spaced apart to form at least two separate channels, the prongs being located at a fixed location within the channels to successively engage the underside of each coin roll carried by the rotary dispensing member; and

wherein the prongs remain at the fixed location within the channels throughout a full 360° rotation of the rotary dispensing member to engage the underside of each coin roll carried by the rotary dispensing member.

2. The dispenser of claim 1 further comprising an electronically controlled motor for controlling rotation of the rotary dispensing member, and thereby, dispensing of the coin rolls.

3. The dispenser of claim 2 further comprising a control module in communication with the motor, the control module controlling rotation of the rotary device, and thereby, dispensing of the coin rolls.

4. The dispenser of claim 3 further comprising an electronic sensor for monitoring dispensing of the coin rolls, the control module being in communication with the sensor to control dispensing of the coin rolls as a function thereof.

5. The dispenser of claim 1 wherein the rotary dispensing member is circular in shape and includes grooves on an outer perimeter thereof for receiving the coin rolls.

6. The dispenser of claim 1 further comprising a loading ramp within the magazine for facilitating loading of the coin rolls relative to the rotary member so as to facilitate the dispensing by the rotary device.

7. The dispenser of claim 1 further comprising a housing for receiving the magazine, the housing including an opening covered with a lockable door through which the magazine is received.

8. The dispenser of claim 7 further comprising a tray extendable beyond the opening to facilitate receiving the magazine.

9. The dispenser of claim 8 wherein the tray includes a number of tracks for receiving a number of magazines.

10. The dispenser of claim 7 further comprising a number of magazines within the housing for dispensing coin rolls of different denominations.

11. The dispenser of claim 10 further comprising an electronic control module for individually controlling dispensing of the different coin roll denominations by controlling rotary dispensing members associated with each magazine.

12. The dispenser of claim 1 further comprising a collection tray for collecting the dispensed coin rolls for subsequent retrieval.

13. The dispenser of claim 1 wherein the magazine is configured to store the coin rolls such that the coin rolls are stacked on top of each other to an elevatation above a portion of the dispensing member such that a portion of the stacked coin rolls overlap a portion of the dispensing member.

14. The dispenser of claim 13 wherein the magazine is configured to permit the stacked coin rolls to roll towards the dispensing feature to facilitate the dispensing thereof.

Assignments (10)
SECURITY INTEREST Recorded Aug 29, 2024
From: CENNOX PROJECT AND SECURITY SOLUTIONS, INC.; CORPORATE SAFE SPECIALISTS, LLC; FK II, LLC; CENNOX SECURITY PRODUCTS, LLC; CENNOX LIMITED; CENNOX LOCKPOINT LIMITED
To: OAKTREE MEZZANINE FUND V HOLDINGS (DELAWARE), L.P.
Reel/Frame 068444/0306 →
SECURITY INTEREST Recorded Dec 24, 2021
From: FK II, LLC; CORPORATE SAFE SPECIALISTS, LLC; FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC
To: WHITEHORSE CAPITAL MANAGEMENT, LLC
Reel/Frame 058475/0813 →
RELEASE OF SECURITY INTEREST Recorded Nov 23, 2021
From: FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC; CORPORATE SAFE SPECIALISTS; FK II, LLC
To: CIBC BANK USA
Reel/Frame 058195/0611 →
SECURITY INTEREST Recorded Apr 3, 2020
From: FK II, LLC; FK III, LLC; FIRE KING SECURITY PRODUCTS, LLC; CORPORATE SAFE SPECIALISTS, LLC; IMAGE VAULT, LLC
To: CIBC BANK USA
Reel/Frame 052309/0842 →
SECURITY INTEREST Recorded Jan 6, 2020
From: CORPORATE SAFE SPECIALISTS, LLC; FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC; FIRE KING COMMERCIAL SERVICES, LLC; FK II, LLC; FK III, LLC
To: PNC BANK, NATIONAL ASSOCIATION
Reel/Frame 051421/0282 →
SECURITY INTEREST Recorded Oct 30, 2015
From: FKI SECURITY GROUP, LLC; CORPORATE SAFE SPECIALISTS, LLC; FIRE KING INTERNATIONAL, LLC; FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC; FIRE KING COMMERCIAL SERVICES, LLC; FK ACQUISITION, INC.
To: PNC BANK, NATIONAL ASSOCIATION
Reel/Frame 036921/0977 →
RELEASE OF SECURITY INTEREST Recorded Apr 1, 2015
From: FIFTH THIRD BANK
To: FK ACQUISITION, INC.; CORPORATE SAFE SPECIALISTS, LLC; FKI SECURITY GROUP, LLC; FIRE KING INTERNATIONAL, LLC; FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC; FIRE KING COMMERCIAL SERVICES, LLC
Reel/Frame 035310/0345 →
SECURITY INTEREST Recorded Mar 31, 2015
From: FIRE KING SECURITY PRODUCTS, LLC
To: MEDLEY SBIC, LP, AS AGENT
Reel/Frame 035304/0937 →
SECURITY INTEREST Recorded Apr 16, 2014
From: FK ACQUISITION, INC., SUCCESSOR BY MERGER TO FIRE KING INTERNATIONAL, INC.; CORPORATE SAFE SPECIALISTS, LLC; FKI SECURITY GROUP, LLC; FIRE KING INTERNATIONAL, LLC; FIRE KING SECURITY PRODUCTS, LLC; IMAGE VAULT, LLC; FIRE KING COMMERCIAL SERVICES, LLC
To: FIFTH THIRD BANK, AS AGENT
Reel/Frame 032692/0351 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 31, 2014
From: FKI SECURITY PRODUCTS
To: FIRE KING SECURITY PRODUCTS, LLC
Reel/Frame 032562/0649 →