Inventors:
Barry L. Smith - Florissant MO
Assignee:
UMC Industries, Inc. - Stamford CT
International Classification:
G07F 104, G07F 508
Abstract:
Coin apparatus for use in a manually operable vending machine which has latches for locking it against operation unless coin sufficient for purchase of an item is deposited, the apparatus having electronically controlled latch release members operable on manual operation of the vending machine, following deposit of a sufficient amount in nickels, dimes and quarters for a vend, to release the latches. The nickels, dimes and quarters drop through nickel, dime and quarter chutes, quarters being sensed by interception of a first beam of light, dimes by interception of a second beam of light, and nickels by interception of both beams. An escrow system includes a gate which opens on a vend to allow escrowed coins to drop out for delivery to a money box, provision being made for holding this gate open for a time sufficient for dropout of all escrowed coins.