US2042022A - Coin wrapper - Google Patents

Description

y 1936. F. c. SCHMOCKER 2,042,022

COIN WRAPPER Filed Oct. 5, 1932 Fl 6. l. j

IN V EN TOR.

BY J". z

Patented May 26, 1936 com waarrnn Fred 0. Sehmocker, Oklahoma City, Okla, asignor of one-half to Loyal J. Miller, Oklahoma City, Okla.

Application October 3, 1932, Serial No. 685,883

1 Claim. I (Cl. 133-10) My invention relates to wrappers for packaging coins.

At the present time, coins when received for deposit by banks are usually required to be wrapped by the depositor in packages of given amounts. The wrappers used are usually made of paper and are required to be endorsed by the depositor as to proper contents. After the depositor has been given credit for the deposit, each package of coins must be unwrapped by the bank and the coins counted and rewrapped for future dispensation, the bank at this time putting their own endorsement upon the package. If there has been an error in the depositor's count, he is charged or credited with the amount of error. If, when the bank dispenses the package with their endorsement upon the wrapper there is an error found in their count, the bank must then make adjustment for such error to the party receiving the package.

In handling coins in this manner it may readily be seen that considerable labor is required in counting and re-counting the coins. The amount of such labor is materially increased by the fact that at each count the package must be un-' wrapped and re-wrapped. Much waste and loss of material is, occasioned by the fact that in most instances the wrapper is destroyed each time the package is unwrapped, and a new wrapper is required each time the package is rewrapped or each time it becomes necessary to change. the endorsement upon the package. The amount of bookkeeping required in reconciling the discrepancies made in counting the coins at the time they are wrapped is considerable to say the least.

The prime object of my invention is to provide a coin wrapper within which the coins may be accurately counted without their removal from the package, thus making it possible to dispense coins with the package at all times intact and without the necessity of the coins at any time being re-wrapped.

Other objects of the invention are to provide a wrapper of this class which will be new, novel, practical and of utility; which will be transparent, thus permitting at all times a clear vision of the coins so that they may be accurately counted in the package; which may embody thereon a. scale or other means by which the coins in the package may be counted at a glance, regardless of the denomination of the coins; which may be endorsed and sealed by the party originally wrapping the coins, thus permitting the package to thenceforth be dispensed by banks and others as a, unit of value until it reaches the hands of the ultimate user; which will save labor; which will be comparatively cheap to manfacture; which will be economical in use; and, 6 which will be eiiicient in accomplishing all of the Purp ses for which it is intended.

, With these and other objects in view as will more fully appear, my invention consists in the construction, novel features, and combination of 10 parts hereinafter more fully described, pointed out in the claim hereto appended, and illustrated in the accomp y one-sheet drawing of which:

Figure 1 is a side elevational view of a package 15 of coins wrapped in the transparent wrapper;

Fig. 2 is a plan view of the wrapper showing an endorsement tab positioned so that it will be confined within the package when the coins are wrap Fig. 3 is a plan view of a tabless wrapper showingd edge portions thereof gummed for sealing; an 2 Fig. 4 is a fragmentary plan view of one end of the wrapper, showing in detail a proposed 25 scale for making it possible to count the wrappers contents at a glance. The endorsement tab in this figure is shown so positioned that it will remain outside of the wrapper when the package is formed.

Like characters of reference designate like parts in all of the figures.

It is understood that various changes in the form, proportion, size, shape, weight, and other details of construction within the scope of my invention, may be resorted to without departing from the spirit or broad principles of my invention, and without sacrificing any of the advantages thereof; and it is also understood that the 40 drawings are to be interpreted as being illustrative and not restrictive.

One practical embodiment of the invention as illustrated in the drawing, follows.

The wrapper proper consists of a sheet I of a 45 desired transparent pliable material, preferably having parallel sides 2 and 3, an end 4 perpendicular to the sides, and a biased end I. An endorsement tab 6 is glued or otherwise attached either to the end 4 or to the end 5. This tab 0 may be eliminated iffound desirable.

As best illustrated in Fig. 3, a portion of the sides 2 and 3, and the end 5 is provided with a sealing strip 1 which may or may not be provided as desired. 55

A counting scale, the whole of which is indicated by the reference numeral 8, is provided upon the sheet. This scale consists substantially of a base line 9 lying parallel with the side 3, and when the coins ID are being wrapped, the outer face of the end coin is placed flush with this base line. A plurality of spaced measuring lines ll preferably extend perpendicularly from the base line 9 toward the side 2 of the sheet and each of the measuring lines is provided with a transverse gauge line 13. The distance between the base line and each respective gauge line is exactly .equal to the width of a predetermined number of a specific denomination of coin. Each of the lines I I is preferably provided with indicia I! designating either the number of coins and their denomination which may be accommodated between the end of that specific line and the base line, or the total value of such coins, or both.

It .is common practice at the present time to wrap coins in packages of fifty pennies, forty nickels, fifty dimes, forty quarters, twenty halves, or twenty dollars, and the indicia illustrated in Fig. 4 is therefore shown in this manner.

It is thought that from the foregoing description, the operation of the device will be apparent.

Sufllce to say, that the wrapping operation.

should be started with end 4 of the sheet. l, It is obvious that a desired result could be without the provision of the scale, and I therefore reserve the right to so manufacture the wrapper.

Obviously the invention issusceptible of embodiment in forms other than that which is illustrated in the accompanying drawing and described herein, and is applicable for uses and purposes other than as detailed, and I therefore consider as my own all such modifications and adaptations and other uses of the form of the device herein described as fairly fall within the scope of my invention.

Having thus described my invention, what is claimed and desired to be secured by Letters Patent, is:

I A coin wrapper comprising a sheet of pliable transparent material, a base line upon the sheet, and a plurality of gauge lines spaced from the base line, the distance between the base line and.

each respective gauge line being equal to the com- 25 bined thickness of a predetermined number of a different denomination of coin..

FRED C. SCHMOCKER.

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