US2604743A - Coin wrapping and counting machine - Google Patents

Description

July 29, 1952 s. K. lvERsoN COIN WRAPPING AND COUNTING MACHINE ATTORNEYS Patented July 29, 1952 ffUNlTsD STATES Parent ortica COIN WRAPPING AND COUNTING MACHINE Sani K. Iverson, Colfax, Wis. ApplicationOctober 18, 1943, Serial No. 55,189

This invention relates to a device for countin and wrapping coins.

It is necessary in practically every business to count coins of various denominations, assemble them in predetermined amounts, and wrap them. An overwhelming majority of businesses are small, and since the small business mancannot afford expensive machinery for this purpose, the work is in most cases done by hand. The work is time consuming and laborious. Additionally, the human tendency to err results quite often in an inaccurate account.

An important object of the present invention, accordingly, is the provision of a device as described that will be capable of manufacture at a cost low enoughto place it within reach of all those having `need for it. Y

Another important object is to provide a device as described so designed as to be practically incapable of getting out-oi-order, and so designed, further, as to require no maintenance.

Another important object is to provide a device as described which will be accurate in the counting of coins. Y

Another important object is toprovide a device las described that can be used with speed and ease both in the counting and the Wrapping of coins.

To this end, my invention briey includes a base that supports all the other parts of the invention, which base is shallowly grooved to receive a roll of coins, whether they be dimes, nickels, pennies, quartersor half dollars; sleevelike casings iixedly mounted on the base at Opposite ends of the groove; opposed bolts adapted to engage opposite ends of a roll of coins placed in the groove, that are spring-pressed out of the casing; and means for adjusting the relation of the bolts to each other, so as' to accommodate the machine to the counting and wrapping of coins of different denominations.

With the foregoing and other objects in View which will appear as the description proceeds, the invention consists of certain novel details of construction and-combinations of parts, hereinafter more fully described and pointed out in the claim, it being understood that changes may be made in the construction and arrangement of parts Without departing from the spirit of the invention as claimed.

Referringto the drawings: y

Figure 1 is a side elevational View of a device constructed in accordance with the invention.

Figure 2 is a top plan view.

Figure 3 is an enlarged end elevation.

1 Claim. (Cl. 53-46) Figure 4 is an enlarged section taken on line i of Fig. 2.

Figure 5 is a section similar to Fig. 4, showing a modification.

Referring to the drawings in detail, i is a base of generally elongated and rectangular conformation, and constructed of any suitable material, such as metal, wood, or plastic.

Centrally disposed in the base, and formed in the upper surface thereof, is an elongated and shallow groove I I, that is curved transversely from end to end, said transverse curvature being best illustrated in Figure 3. This groove is for receiving a roll of coins A to be counted and Wrapped.

Adjacent each end of the groove I I, and aligned longitudinally with the groove, are the hold-down clamps I2, of inverted U-shape in cross section, and lxedly secured to the upper surface of the base by any suitable fastening means. These clamps respectively hold lflXedly to the base the sleeve-like casing I3, there being one such casing at either end of the device.

The casings I3 in the present instance are cylindrical, and tubular, and each casing is open at both ends. Communicating with the bore of each casing I 3 is the elongated closed slot I formed in the wall of the casing, and aligned longitudinally therewith.

Opening from each slot l@ are the spaced 1ateral notches I5, I6, I'I, I8. The purpose and use of these notches will be set forth in detail heren inafter. For the present, it is suflicient to state that the notches are used in connection with adjusting of the device to Vcount coins of I`different denominations. In the illustrated example oi thefdevice, notch I5 is used for counting live dollars in dimes; I6 is used for counting ten dollars in quarters; I'I is used for two dollars in nickels; and I8 is used for fty cents in pennies. Slidable in the casings I3 are the sleeves IS. Each sleeve is formed with the bore 2li opening at opposite ends of the sleeve, said bore being reduced near the inner end of the sleeve to provide Within the sleeve the annular stop shoulde or abutment 2|. The other end of the bore is threaded 'to receive the plug 22. Plug 22 is adapted to hold Within the sleeve, and adjust the tension of, the compression spring 23. The innerend of the compressionspring engages collar 24 formed on the end of the sliding bolt 25, that slides in the bore 20 of the sleeve. Spring 23, pressing against the collar 24, yieldably holds it against the stop 2 I. Each sliding bolt 25 has formed therein the annular groove 26. When collar 24 is in engagement with shoulder 2l, as shown in Fig. 4, the groove 26 is flush with the inner end of the sleeve I9, and is just barely visible in its entirety as readily noted from Figs. 1, 2, and 4.

The projecting or inner end of each bolt 25 is preferably formed with the enlarged head 21, each head adapted to engage one end of a roll of coins A.

Fixedly secured to each sleeve I9, and projecting through the longitudinal slotl I4 of each casing, is the detent 28, adapted to be receivedin any of the transverse notches I5, I6, I'I, I8.

The operation of the device may now be noted. Assuming that the device is, for example, going to be used to count and Wrap dimes, thedetents 28 will be positioned in the notches I5. 'This results in adjustment of therespectivev sleeves I9, and the bolts 25 carried thereby, as to the spacing therebetween, so that the headsfZI of the bolts are spaced apart a distance that will accommodate snugly a roll of'ifty dimes. Once so adjusted, sleeves I9 will be held stationary, since longitudinal movement thereof will be prevented by positioning of the detents 28 inthe transverseV notches I5. Bolts 25 will of course be held yieldably the prescribed distance apart, by Springs'23 pressing collars 24 `against the'stops or shoulders 2I. The bolts Y25 v'cannot be moved closer together, but either can of course be moved away from the other by yielding of the spring.

The user vnow simply takes a roll of Adimes which he roughly estimates at fifty in number. If he has less than nity, roll A will not ll the space between' the heads 21. Ide-therefore adds enough dimes to snugly lill the space.

If the roll contains more than' fifty dimes, one or both annular grooves 26 will disappear from view. An appropriate number of dimes is accordingly removed from the roll-until the grooves26 are again visible.

It may be noted at'this pointthat before even entering the roll A of dimes in groove I I, the user will rst lay in said groove a-coiny wrapping paper, not shown.

rI'he entire operation mentioned above is of courseV performed with great speed, and after a very little amount of practice, one -using the machine is able to set up yrolls of iifty dimes, ready for wrapping, in minimum time.

After the coinsare counted as describedabove, one need only-pushrthe'roll to the right in Fig. 1 or- 2, so as -to clear-the `left hand-end of the roll for foldingover a wrapper-thereupon. The roll of coins is then'pushedfto the left for folding-the right-hand side-of the wrapper over theright hand endV of the roll. -Bolts25-yield in turn for performing this operation. Before performing this operation, the coins are rolled in the wrapper, preferably" while still in `center-position as' illustrated inY Figs. 1 and -2,-in whichposition the opposed heads 27- will-hold the coins uprightffor easy rolling. Y

In Fig. 5, a modified formof the devicehas been illustrated. In this form, the coin holding bolt is designated 29, and is ixedly secured; and by integral formation` to the enlarged` cylindrical end portion 30,- that iseadjustably .positionedlin casing I3 by-means of detent 3|. In this'form. the solid construction of bolt 29 and the end portion v3Il--takes the'place of' a bolt 25, Spring23. o

and-sleeve I9. yThe form shown in Fig. 5canY be substituted for the spring unit on either side of the device. The operation of the device remains the same, in that after the coins are counted, the coin holding bolt is moved outwardly, as for instance to the right. This provides ample room for folding the wrapping paper over the left end of the coin roll. Then, the roll of coins is pushed to the left in the groove so that the paper can be Wrapped over the right end of the roll.

It will be readily noted that once the device is adjusted, the adjustment will be retained for the counting and wrapping of succeeding rolls.

`Assuming that all dimes have been counted, and "that one desres'next to count quarters, detents are. moved to the notches I6, and the process repeated.

What is claimed is:

In a coin wrapping and counting machine a base having an elongated shallow groove opening through the upper side thereof, elongated aligned tubular casings carried by the base adjacent opposite ends of the groove, said casings aligning longitudinally with the groove and having elongated longitudinal slots opening therethrough adjacent the ends 'thereof remote from Ythe groove, said tubular casings also having longitudinally spaced parallel peripheral notches extending'therethrough and communicating with the longitudinal slots, elongated tubular sleeves mounted in the tubular casings for longitudinal sliding movement therein, an inwardly extending annular stop shoulder carried by each sleeve adjacent the end thereof adjacent the groove, a plug carried by and closing the end of each sleeve remote from its stop shoulder, a detent carried by each sleeve intermediate the ends thereof and extending radiallyrtherefroin through an adjacent'longitudinal-slot, said detents being adaptedtoengage the Walls of selected peripheral slots to hold ithe sleeves against longitudinal movement in their respective tubular casings, bolts mounted i in thesleeves 'for longitudinal movement relative thereto, compression coiled springs Within the sleeves and engaging the plugs and-bolts to yieldingly advance the bolts toward one anothenvoutwardly extending annular stop collarscarried by the bolts adjacent the ends thereof remote f-rom the groove for engagingadjacent-stop shoulders and limiting the advance ofthe .bolts underl the iniluence of the springs, and signalling means carried by thel bolts intermediate -the ends thereof to visibly indicate that the-bolts are fully advanced.

'SAMKQ IVERSON.

l'REFERENCES f CITED The following'V references are of record in the le of this' patent:

UNTED STATES PATENTS

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