US1592122A - Coin-savings device - Google Patents

Description

July v13 1926. n 1,592,122

B. E. MORELAND GOIN SAVINGS DEVICE Filed July 23, 1925 Patented July 13, 1926.

UNITED S'l'lES PATE? FECE.

BERTRAM E. MGBELAND, OF CIjICAGO, ILLENOES, ASSIGNOR TO MORELANI) BUSINESS ,.BUILDER INC., OF CEECAGO, ILNOS, A CORGRATION OF ILLINOES.

COIN-SAVINGS DEVCE.

Application led July 23, 1925. Serial No. 45,45*?.

My invention relates to savings banks in the form of a folder of cardboard or similar material wherein the coins are placed in separate coin receiving pockets with indicating means in connection with each of said pockets whereby the user may readily ascertain the total amount of money in the bank.

More particularly, my invention is designed for use with a savings bank for quarters er twenty-five cent pieces wherein means are associated with the individual pockets vto maintain the pieces securely therein, and

indicate visually the fractional relation of the coins to be contained therein to a whole monetary unit such as a dollar.

rl`he invention may best be understood by reference to the accompanying drawing, in which:

Figure 1 is a front view of my improved coin savings device;

Figure 2 is a sectional view on line 2-2 of Figure l;

Figure 3 is a sectional view on line 3-3 of Figure l; and

Figure 4 is a perspective view of the device in upright position.

Referring now more particularly to the drawing in the preferred form, my construction comprises a back piece 4 that may be made of cardboard er any other suitable material and which is centrally scored, as indicated by the numeral 5 whereby two sections 6 and 'r' are formed. Secured to the back 4 is a front piece 8 preferably of the same size as the back piece but of suitable stock material which will permit of it being drawn by suitable dies to form coin receiving pockets 9. These coin receiving pockets may be of any desired size but are herein shown of suiiicient diameter to receive a quarter or twenty-five cent piece. A slot opening 10 is cut in arcuate form immediately above the peripheries of each of the embossed pockets 9 and communicates from the top thereof so that a. coin 25 may be inserted therethrough, and after being so inserted is held in the pocket by friction and the overlying fitting margins l2 of the embossed pocket so that accidental displacement of the coin is effectively prevented, and yet the coins will be visible in the pockets when the device is viewed from the top edge thereof. In assembling the structure glue is applied to the marginal edges of the front piece 8 as well as between the pockets, as indicated at 13 which prevents the coin from slipping from one pocket to another.

My improved saving device as already suggested, is particularly adapted for fractional unit coins, such as quarters, a relatively small group of which go to make up a complete monetary unit, in the present instance, of course, four quarters making one dollar. Accordingly l use visible indicative means in connection with each series or groups of pockets to show the fraction of a whole pocket which each coin therein bears to a dollar. As for instance, in the first pocket at the upper right hand corner, one quarter segment of the pocket is provided with a distinguishing mark, in the present form this mark preferably consisting of an embossed quarter section l5 having its edge or margin embossed to simulate milling such as appears on the edge of the coin itself. This pocket will also have the letters One- Quarter embossed or stamped thereon, as shown.

The second pocket immediately below the one-quarter pocket just described, is provided with the upper half or semi-circle embossed with the milled margin, in this case indicatat a glance that, if this pocket is filled together with the first pocket, one-half of the unit or one-half dollar is contained in the bank. Similarly the third pocket is provided with three-fourths of its periphery embossed with the milled edge, and the fourth pocket has its entire periphery so embossed or marked.

Although l have shown and described one particular embodiment of my invention, it will be understood that l do not wish to be limited to the exact construction shown and describedI but yhat various changes and modifications may loc made without depart ing from the spirit and scope of my invention. f

I claim as my invention:

l. A coin savings device composed of substantially flat material adapted to be folded, and comprising a back and a front piece, said front piece being embossed to form a plurality of coin receiving pockets between said front and back pieces, said pockets having enclosed annular front faces and having indicating devices thereon occupying varyingl segmental portions of the annular faces whereby the individual indieating` devices on said faces function to shoe? the total amount of certain groups of collected coins in fractions of a larger monetary unit.

2. A coin savings device composed of substantially flat material adapted to be folded and comprising' a back and a front piece, said front piece being' embossed to forni a plurality?7 of coin-receiving pockets between said front and back pieces, said pockets each having enclosed annular front faces and provided with a slot forentrance of aV coin above the peripher)Y of said embossed portion, whereby a coin, when inserted therethrough Will be secured in fitting engagement entirely Within said embossed portion and invisible from the front face thereof, andV indicating means on said pockets occupying' varying segmental portions of the annular faces thereof whereby the individual indicating` devices on said faces function to show the total amount of certain groups of collected coins in fractions of a larger monetary unit.

3. A coin savings device composed of substantially flat material adapted to be folded and comprising a back anC` a front piece. said front piece being embossed toY form a plurality7 of coin-receiving pockets between said fronty and back pieces, said pockets each having enclosed annular front face; and provided with a slot for entrance of a coiu above the peripherj,v of said embossed portion, whereby a coin, when inserted therethrough will be secured in fitting engagement entirely y'ithin said embossed portion and invisible from the front face thereet' and indigatinf;V means on said pockets coniprising' relatively deeper drawn embossed surfaces occupying varying' segmental portions of the annnlar faces thereof Wherelirr the individual indicating' devices en said "aces function to show the total amount of certain groups of collected coins in fractions of a larger monetary unit.

Signed at Chicago, this Y18th dat,vv of July, 1925. i

BERTRAM E. MOREL' XD.

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