A number of methods and associated apparatus are known in the art for the uptake of banknote counting machine . The most common method is to pinch the note between two rollers and convey the note by rotating the rollers. The banknote is then aligned by being conveyed against a reference surface so that the reaction of the surface against the moving note causes the note to swivel and thereby align with the reference surface.

This method exhibits a number of disadvantages. The force exerted by the rollers on the banknote is constant. Banknotes are variable in quality and a poor quality banknote is less rigid than a better quality banknote. On occasion, a jam in the uptake or alignment mechanism will occur when a poor quality banknote is conveyed against a reference surface causing the banknote to fold instead of swivel, resulting in a misalignment of the note and a subsequent jam. A further disadvantage is that rigid objects such as credit cards may be inserted into the uptake mechanism which may jam the mechanism.

A coin counting machine used by banks and credit unions will separate individual coins as they are counted. This means that each type of coin whether a penny, nickel, dime or quarter can be accurately counted. A coin machine for individual use separates coins individually by type into cylinders so they can then be transferred into individual rolls.A coins counting machine generally counts all types of coins. A coin counter china at a credit union, bank or self serve only counts coins that are United States currency. Canadian coins or other non U.S. currency will not be counted but will be separated and returned.

It is however desirable to use as great a force as possible when conveying the banknote to ensure that the banknote is properly aligned.
Another method of banknote uptake involves creating a suction by use of a fan to displace air. The force of the suction is then used to engage the banknote with a driving belt. Although this arrangement lessens the incidents of jamming, banknotes which are crumpled or have lengthwise creases may still cause a jam.WO-A-02/49945 discloses apparatus for transporting a banknote which includes a curved transport path so that a banknote being transported is bent to increase its rigidity. U.S. Pat. No. 4,106,767, EP-A-0 749 926 and EP-A-1 167 260 disclose apparatuses for transporting documents wherein the documents are folded to facilitate the transport process.

A fee can sometimes be assessed depending on where a coin counting machine is being used. A bank or credit union may not assess a fee for customers whereas a self serve coin counter can charge a percentage of the total amount.Coin counting machines became a necessity to cut down on the time to separate and count coins by hand. This is especially true for banks as well as casinos that separate and count large quantities of coins daily.

It is desirable to provide a banknote uptake and alignment mechanism which prevents the insertion of rigid objects and avoids jams caused by poor quality banknotes.Aspects of the invention are set out in the accompanying claims. In a further aspect of the invention a banknote conveyor engages a banknote with a force which is dependent on the rigidity of the banknote. Preferably, the conveyor engages frictionally with and bends the banknote so that the frictional force between the conveyor and the banknote is dependent on the rigidity of the banknote.

The points of contact may form part of an undulatory surface. In a preferred embodiment, the banknote path is defined by two spaced, complementary surfaces. The surfaces may be spaced by a gap defining a banknote path which may be in the range of 0.1 mm to 3 mm and is preferably 1.5 mm. This distance will depend on, among others, the number of points of contact and the coefficient of friction of the material of the points of contact.

The conveyor may include at least two cams, each engaging the banknote at a point Preferably, a first cam engages the note at two, spaced locations and a second cam engages the banknote at a third point located on an opposite face of the banknote and the cams rotate to convey the banknote.

In yet a further aspect of the invention, the banknote counting machine includes a plurality of corrugated rollers which rotate to convey the banknote. In yet a further aspect of the invention, a banknote conveyor is provided which includes two opposed complementary surfaces forming an entryway, at least one of which moves to convey a banknote, and which includes means preventing the insertion of an object into the entryway when the at least one surface is stationary.

In yet a further aspect of the invention, a banknote conveyor is provided which includes means for limiting movement of the banknote when a force with which the banknote is conveyed exceeds a predetermined limit. The conveyor may further include means for detecting the force and means for inhibiting movement of the banknote when the detected force exceeds the predetermined limit.

A banknote conveyor which includes moveable means for transporting a banknote counter , the means engaging frictionally with the banknote at at least three points so that the force driving the banknote is dependent on the rigidity of the note. The banknote can further swivel about one of the points to align the note with a desired path. Also provided is a means for limiting the movement of the banknote if the force required to convey the banknote exceeds a predetermined limit and means for preventing the insertion of banknotes or other foreign objects into the conveyor when not in use.

Money counters are machines that allow users to confirm how many bills or coins exist in a given lot. In addition to counting, counters also check for counterfeit currency and alert users to remove the fake or bogus bills.

Developed in the 1920s, counters were originally employed in the Federal Reserve Bank to reduce errors and increase efficiency. These counters would stop once a set number of bills had been cycled, allowing users to mete out a predetermined volume of notes. In the 1980s, analog machines were improved upon with the implementation of microchip-driven high-speed counters that determine the amount and denominations of thousands of bills within shorter periods of time, with fake bills detected automatically.

Weight-based counting machines are typically smaller, and found in places like bank teller desks where space is tight. They rely on complicated algorithms to account for variances in note and coin weight and are usually used to verify the contents of a roll or stack of money.A method of conveying a banknote comprising: frictionally engaging at least three points with the banknote so as to partially deform the banknote, two of the points engaging opposite faces of the banknote; and moving at least one of the points in a direction of intended movement of the banknote so that, at least during conveyance of the china banknote counter , the points have a fixed relative spacing for any given position of the points and for any given banknote and wherein the at least one point moves to convey the banknote against a reference surface orientated substantially in parallel with said intended direction of movement of the banknote so that the banknote rotates to align the banknote.

Advanced counting machines often have a laundry list of features, including a variety of counting modes. These include the ability to identify and count mixed denominations, tally specific denominations, stop and remove suspect bills, count the total number of bills and handle bills in any condition, even if limp or folded. These features are made possible by using the latest technology, resulting in sophisticated counting machines that cost up to thousands of dollars.Money Counting machines with fewer features relying on simpler methods are relatively inexpensive---often costing under $100.

To use a counting machine, bills must be placed in the hopper to be counted. The machine then flips the bills behind a separator, as each note is moved it is tallied by an electronic or analog sensor that keeps track of how many bills have been cycled. In more sophisticated machines, unsorted bills are quickly scanned, allowing the denomination to be noted as the stack is processed. Some machines allow users to identify and remove counterfeit bills using either scanning or magnetic techniques. As the bills cycle the machine stops when it encounters an abnormal bill and allows the operator to remove the bill if necessary.

Once all the legitimate bills have cycled, most machines will provide a digital readout of the total denominations in the stack of bills. Advanced machines will aggregate the totals of all bills simultaneously using an onboard computer while less sophisticated machines must count denominations one at a time.A banknote conveyor for conveying a banknote along a direction of intended movement, the banknote conveyor being arranged to engage a banknote by means of surfaces which define a gap of predetermined configuration which is wider than the thickness of the banknote and of non-linear configuration so as to cause bending of the banknote when viewed in the direction of transport so that the force by which the banknote is gripped is dependent upon the rigidity of the banknote and which acts to align the banknote by conveying the banknote against a reference surface orientated substantially in parallel with said intended direction of travel of the banknote so that the banknote rotates.

Coin sorters use simpler technology than most bill counters . Many supermarket and home machines use a vibrating platform to shuffle change down holes of varying sizes designed for each type of coin. The stacks of each type of coin are then automatically measured for height and weight to ensure no errors have been made or counterfeits accepted.

In the case of vending machine and change dispensers, a microprocessor loaded with software is used to sum up the total value of the coins. It then instructs the hardware to send voltage to a solenoid in the machine that dispenses the correct amount of change.The invention relates to the transport of banknotes or other sheets of value, which are referred to simply as banknotes. The invention will be described in relation to banknote changers which are used in change machines and vending machines to receive, transport, store and dispense banknotes.

Specifically, the invention is concerned with the uptake and alignment of banknotes. The uptake of banknotes involves the initial engagement of the banknote by the mechanism of the changer. Aligning is necessary so that the banknote has the correct orientation when transported to other functional units of the changer such as an acceptor where the banknote is verified. Misalignment of the banknote can cause jamming of the mechanisms in the changer and incorrect verification.

Money counting machine apparatus comprises a housing having means for counting and sorting coins located therein, a rotary disk is mounted on top of the housing and is adapted to centrifugally separate and feed coins. A cover member is mounted above the disk. The housing and cover member are provided with cooperating interlocking means for selectively securing the cover on the housing in a first position enclosing the disk, and a second position inverted thereto to form a feed tray for the disk.

Apparatus for money counter manufacturer comprising a portable housing having means for counting and stacking coins located therein, a rotary disk mounted on top of said housing for centrifugally separating and feeding coins to said counting means, a cover member, comprising a substantially flat surface portion having perpendicularly extending side edges along at least two of its parallel sides, said side edges having complementary extensions extending longitudinally beyond the common transverse edge of said flat surface, said housing being formed with means for receiving said extensions and means for gripping the side edge in cooperating interlocking fashion to selectively secure said cover on said housing in a first position to enclose said disk therewith, and in a second position inverted thereto to form a feed tray for delivery of coins to said disk, said housing including handle means overlying said cover when in said first position whereby said apparatus may be manually transported, said handle being foldable beneath said cover when said cover is in said second position.

Vending machines are primarily used to sell candy, chips and snacks, as well as drinks such as soda, water and juice. Many workplaces have a vending machine in their break room or lunchroom, and many shopping centers keep vending machines in various locations for customers who might be hungry while they are browsing.
Over the years, many different products have been sold in vending machines, aside from food and drinks. Cigarettes, condoms and even electronics, such as iPods and video games, are sold in vending machines in airports around the world.

The present invention relates to apparatus for bill counter and in particular to portable apparatus for sorting and counting coins.

Conventionally, coin-sorting and counting mechanisms are provided with rotating disk-like members on which coins are separated and delivered to the counting means. The counting mechanism, itself, comprises one or more slide channels and related mechanisms in which the coins are sorted and placed in a common orientation for stacking or rolling into convenient form. The devices have been widely used in banks, large commercial establishments, automatic restaurants, etc. where large numbers of coins are circulated. Such devices, however, are large, heavy, cumbersome, and not easily transportable. Above all, they are expensive and unless constantly used are uneconomic. There is, therefore, a need for a portable money counting machine which can be carried from one place of need to another, and which may be easily set up and placed in operation.

All coins have a different weight and size, making it easier for a machine to distinguish one denomination of coin from another. When the coin is inserted into the vending machine, it enters a slot where it is then sent into a separate chamber (that is, quarters go into a large slot, dimes go into a smaller one). You then are credited with that denomination of coin for your purchase.
When bills are inserted into a vending machine, the process is a little trickier. In older vending machines, the bill was simply scanned to read the denomination of the bill. However, today's vending machines read the light metallic strip that is inside each bill to determine that it is legitimate money. In addition, this strip is placed in a different location for each bill---for example, in a $20 bill it is one location and in a $10 bill another. The machine reads the denomination of the bill, and you are given credit towards your purchase. Some vending machines also accept credit cards, which operate just as if you were using your card in a store.

It is, therefore, the object of the present invention to provide portable coin sorter   apparatus.

It is another object of the present invention to provide portable money- counting apparatus which may be easily and quickly set up and used and which has all the elements packaged in one unit.

It is a specific object of the present invention to provide money- counting apparatus which has a cover member which functions selectively as a closing member and as a tray member for feeding coins. Usually when a fake bill is inserted into a vending machine the machine won't accept it and spits it back out to you in the same way that it does to a wrinkled or worn bill. In addition, if the machine malfunctions and stops accepting dollar bills or change, there is an internal mechanism that notifies the owner of the vending machine that there is a problem.
Most newer vending machines are not only plugged into an electrical source, but also into a phone line, so when a problem occurs it triggers a phone call to the operator, who is then notified that maintenance is needed

It will be apparent, that from the above-described construction, there is provided a money counter china machine which can be easily carried and transported from place to place. During transport, the operative elements, including the rotating centrifugal plate, is covered and the entire machine can be securely locked. The handle is easily movable and located to provide simple carrying means. The removable cover, serves the double function, as a closing cover, and as the feed tray for delivery of coins to the centrifugal disk during operation.

Furthermore, the structure of the cover, itself, and its interaction with the housing, particularly the built-up section and the gripping members, results in a firmly held and secured tray mechanism. That is, the cover, when placed in its inverted condition, cannot be easily removed, or vibrated out of position. The spring-like action between the gripping members and the sides assures fixed positioning of the cover, in both the transport and the operating conditions.

A coin sorter comprising a main plate which constitutes a body of the device, and a front cover which covers a front surface of the main plate in such a manner as to be capable of being opened and closed freely, characterized in that the coin sorter further comprises: a shaft provided on one edge of the front cover; and bearing means provided on one edge of the main plate in such a manner that the shaft is fitted into the bearing means from one direction by virtue of a snap action and rotatably supported by the bearing means, whereby the front surface of the main plate is covered with the front cover in such a manner as to be capable of being opened and closed freely by rotating the front cover about the shaft.
The present invention relates to a coin sorter which sorts inserted coins into authentic or counterfeit and coins sorted as authentic by denomination, and more particularly to a configuration for fitting independent components of the coin sorter.

Collecting coins can be a rewarding hobby, in more ways than one. Whether you are looking to find a specific style of coin in a large collection or looking to sort a large collection for rolling, a method of quickly dividing your coins by value can save you a lot of time. This simple design uses a series of shelves, with increasingly smaller holes until each shelf contains only one denomination.

Generally speaking, coin sorters identify each of inserted coins as authentic or counterfeit, further identify the denominations of coins identified as authentic, and sort these inserted coins by channelling each of these coins into different coin passages.
Such coin sorters consist of various independent components such as a main plate which constitutes the body of the device, and a front cover which covers the front surface of the main plate in such a manner that it is capable of being opened and closed freely.
Create four half-inch-thick, half-inch-deep grooves on the 10 1/2-inch-wide piece of wood, across the 10 1/2-inch width, with the table saw. The grooves should be 2 inches, 4 inches, 6 inches and 8 inches from the bottom of the wood, respectively, and run parallel to the bottom of the board.

Create grooves to match those made in Step 1 on two of the 1-foot-by-1-foot boards.
The gate rail, which is another independent component of the coin sorter, and the solenoid which drives the coin sorting levers have conventionally been configured in such a manner that screws are used to attach them in prescribed positions on the coin sorter china .
In other words, the gate rail, which is an independent component, is attached by means of screws on to the gate plate which serves to open and close the coin inlet. Meanwhile, the solenoid, which drives the coin sorting levers, is attached by means of screws to the rear surface of the main plate which constitutes the body of the coin sorter.

 

 

 

 

 

Create a vertical groove in each of the 1-foot-by-1-foot grooved boards. The grooves should run perpendicular to the grooves made in Step 2 and be 1 inch from the front of the board. To ensure that these grooves line up, one must be 1 inch from the left end of one board, and the other should be 1 inch from the right end of the other board.
Screw the two grooved 1-foot-by-1-foot boards to the remaining 1-foot-by-1-foot board. The grooved boards should be placed atop the remaining board, running along opposing walls, with their grooves facing each other. The shape created will be a square missing its top bar.

Now, inasmuch as the conventional coin sorting machine is configured in such a manner that the front cover is attached by engaging claws formed on either side of it with apertures formed on either side of the main plate, it presents problems because the operation of attaching it is extremely troublesome. Not only that, but when the front cover is to be removed from the main plate during maintenance and servicing, it is necessary to disengage the engaging claws from the apertures, and this also is a troublesome operation.
Moreover, inasmuch as the conventional coin sorter is configured in such a manner that the gate rail and solenoid, which are independent components thereof, are attached in prescribed positions on the coin sorter with the aid of screws, the operation of attaching and detaching them is complicated, so that the number of processes required for assembling the device is increased, and the number of operations which need to be performed during maintenance and servicing thereof is also increased. This in turn makes the device more costly, and increases the expenditure involved in maintenance and servicing.

In a view of the abovementioned circumstances, it is an object of the present invention to provide a coin sorter  manufacturer which is easy to attach and detach independent components thereof to and from it.
Measure the distance between the two grooved boards, and trim the 10 1/2-inch-wide board so that it fits snugly between the two, and screw in place. The grooves on the three boards should all line up, so that there are four continuous grooves wrapping around the interior of the box, and the vertical groove should be on the end of box not closed off by the 10 1/2-inch board.

A money changer management system enables an easy inventory of a money changer (1) and prevents accidents. The system includes the money changer and a management unit (3). The money changer has a cabinet (5) having a lockable door (7), a lockable change unit (25) installed in the cabinet, to hold money and dispense money of equal value in exchange for money deposited into the money changer, the held, dispensed, and deposited money being at least one of paper money and hard money counter (31, 33, 35) to count the money in the change unit while once circulating the money in the change unit. The management unit manages the money in the money changer according to information about the amount of the money in the money changer and information from the circulator-counter.

Cashing in on heaps of spare change is often a long-anticipated event, the result of months or even years of stashing nickels and dimes. But if you wait too long or collect too many coins, the task of counting can become quite daunting. The fastest way to turn your coins into cash is using a coin counting machine , of which there are a number of varieties located in several types of venue.

A first aspect of the present invention provides a money changer management system including a money changer and a management unit. The money changer has a cabinet having a lockable door, a lockable change unit installed in the cabinet, to hold money and dispense money of equal value in exchange for money deposited into the money changer, the held, dispensed, and deposited money being at least one of paper money and hard money, and a money counting machine to count the money in the change unit while once circulating the money in the change unit. The management unit manages the money in the money changer according to information about the amount of the money in the money changer and information from the circulator- counter.

Visit the supermarket. Most larger supermarkets have coin counters such as those run by CoinStar. While using these machines is quick and easy, producing a receipt redeemable at the checkout counter, they also take a sizable chunk of your money. For instance CoinStar charges 8.9 cents for every dollar counted.

According to the first aspect, the cabinet is lockable and incorporates the lockable change unit. The change unit dispenses money of equal value in exchange for money deposited into the change unit, the dispensed and deposited money being at least one of paper money and hard money. When conducting an inventory, the circulator- counter counts the money in the change unit while once circulating the money in the change unit and informs the management unit of the count. The management unit manages the money in the change unit according to information about the amount of the money in the change unit and the information from the money counter manufacturer .

An inventory can speedily be conducted without laborious operations of opening the cabinet, dispensing all money from the change unit, counting the money, and returning the money to the change unit. As a result, inventories can be conducted at shorter intervals. If a customer claims a shortage of changed money, an inventory will be conducted quickly to see if the customer's claim is true. This improves the quality of customer service. An inventory can be carried out without opening the cabinet, and therefore, a person who conducts the inventory is not required to touch the money in the cabinet. This prevents accidents related to inventories and maintains a good relationship between an employer who owns the system and employees who conduct inventories.

Visit your bank. Most banks will provide coin counting services to those holding accounts with them. Some even have free self-service coin counting machines. Find out from the teller whether they would like you to roll the coins yourself or if this is unnecessary (most banks provide free rolls for this purpose). Although some banks charge for their counting services, the fee is significantly less than at coin-counting machines.

 

 

source:bloggum|money counter

A cash counting machine including a bill feed mechanism that transfers bills individually from an input hopper to an output tray including a microprocessor control system. The machine operates in two modes, including a batch mode in which it transfers a selected number of bills, as selected by an operator, to the output tray, and a count mode in which it transfers all of the bills to the output tray and keeps a running count of the number of bills, as well as the total value of money if the operator has entered a denomination value. The microprocessor also determines whether the bills are of the proper size. In an alternate embodiment, for use with currencies in which the different denominations have different sizes, the microprocessor determines the size of the bills and their respective denominations.

To Use Cash Counting Machines:
1.Pick the machine that best suits your purpose. Some coin counting machines can automatically deposit coins into bags or coin wrappers/rolls. Mixed Money counting machines are also available for counting and totaling "mixed bills", these are bills that are not all uniform in amount. You can even get counters that defect counterfeit bills.
2.Make sure the machine is on the correct setting. Are you counting the total number of bills (i.e. you have twenty $5 dollar bills), or are you counting total value ( i.e. twenty $5 bills is worth $100 dollars).
3.Place your money in loading tray/area. Hit start/begin/count. Make sure all your record keeping devices such as cash-flow worksheets are nearby in order to ensure timely recording of amounts.
4.Record your totals and double check your values. I recommend using a different machine from a different manufacturer to double check your counts.

The invention relates generally to apparatus for counting sheet material such as paper currency, and more specifically to microprocessor controlled apparatus therefor.

Cash counting machine manufacturers are used in banks and other financial institutions to perform a number of vital functions, most notably to count the number of bills in a stack. It is desirable not only to have the machines keep a running total of the number of bills in a stack, but also to count out a selected numbers of bills so that an operator may easily form stacks of either a preselected number of bills or of selected amount of money. Furthermore, in some countries, bills of different denominations have different lengths, and it is desirable to have the currency counter sense the different denominations and therefrom maintain running totals of the amount of money being counted.

The instant invention provides a microprocessor controlled currency counting machine apparatus including a conventional cash feeding mechanism including an input hopper, a toothed rotatable wheel and an output tray. The wheel is rotated by a motor and clutch arrangement under control of the microprocessor. Sheets or bills from the input hopper are individually fed to the wheel and caught between the teeth and deposited in the output hopper as the wheel is rotated.

The operations of the invention depend on which of several operating modes it is engaged in. In a batch mode, the invention transfers selected numbers of bills from the input hopper to the output tray for removal by an opeator. In a count mode, it transfers all of the bills from the input hopper to the output hopper and maintains a running total of the number of bills transferred by incrementing a counter after each bill is transferred.

The apparatus has optical sensors which perform several functions. In the output path from the input hopper, an optical sensor senses each bill passing over it to the wheel. The microprocessor determines the amount of time required for the bill to pass over it and, in response thereto, determines whether the bill is shorter or longer than a standard bill counter , which can assist in detecting counterfeit currency. This sensor also is useful in determining when the input hopper is empty and in detecting the value of a bill when used to count currency whose denominations are represented by bills of various sizes.

Other sensors in the feeding mechanism determines whether the output tray is empty, or whether an error has occurred, which occurs if the machine tries to feed a half bill, a folded bill, or two bills at one time, or if the feeding is jammed.

The machine includes a display which identifies the status of the machine, and also identifies the total amount of money in each stack transferred from the input hopper to the output tray, and also a running total of the value of money that has been fed through the machine.

There is a continuing effort to streamline and improve the efficiency of completing a financial transaction involving the exchange of paper currency. These financial transactions include typical bank teller type applications where the bank teller may receive certain banknotes for deposit or receive a request for providing the customer with banknote counter , to retail applications regarding the purchase of a product or service to automated non-attended financial transactions such as banking machines, vending machines, and gaming machines. To a great extent, the economy is still based on the exchange of paper currency to complete financial transactions.

Vending machines and gaming machines are two examples where banknote validators have been used to basically receive banknotes from users conduct an examination of the banknote as part of a decision to accept or reject the banknote and to store in a banknote cassette any received banknotes. Depending upon the particular application, these devices can be associated with coin dispensers for providing any change to the user to complete the financial transaction. Devices of this type have also been designed to accept various types of cards, such as credit cards, debit cards, cheque cards, etc. as an alternate form of payment or payout.

In some applications such as automatic teller machines used for banking applications, the device includes a store of preloaded banknote counters which are available for dispensing to the user. Such teller machines require frequent service particularly to replenish the supply of banknotes. Although such bank teller machines have been designed to accept deposits, including a deposit of banknotes, such deposits have typically been placed in an envelope and are separately processed and again, require frequent service to remove and allow confirm of the deposits.

Other financial transaction machines have been proposed where banknote accumulators are included and these accumulators capable of receiving and storing banknotes for subsequent transactions. These financial transaction machines include a banknote validator and a processing arrangement to decide whether banknotes received as part of a financial transaction should be temporarily stored in the banknote accumulator and may be available for future dispensing. Such financial transaction machines which are capable of receiving banknotes in banknote accumulators require less service as there is the possibility that received banknotes are effectively recycled. Machines of this type have particular application in vending and gaming applications or other applications where banknotes are being provided to the machine for credit towards a product or service.

One of the problems associated with recycling of banknote counting machine which have already been validated by the device is the wide variance in the quality of banknotes in general circulation. Thus the quality of the banknote being recycled can vary and there have been problems with respect to accumulators becoming jammed or inoperative and as such, not reliable. Unfortunately this increases the downtown of the machine and it also severely reduces the number of appropriate applications as the user basically accepted that the device would function and has inserted certain banknotes into the device. Should there be a problem with the transaction, the device must be capable of returning the inserted banknotes or a service personnel must be available to intervene and provide appropriate compensation to the user.

A banknote accumulator according to the present invention comprises a housing having a banknote slot through which money counters are received, and a winding drum within the housing and rotatably drivable for winding of banknotes thereon. Guide tapes are attached to the winding drum and form a transition for guiding a banknote onto or off of the winding drum and through the banknote slot. A drive arrangement rotatably drives the winding drum in a banknote receiving direction to wind a banknote and the tapes about the winding drum and rotatably drives the winding drum in a banknote dispensing direction to dispense a last received banknote on the winding drum with the tapes guiding said last received banknote from the winding drum through the banknote slot. The drive arrangement additional drives the guide tapes to accumulate the guide tapes as the tapes are unwound from the winding drum during dispensing of the last to be received banknote. The housing has at least one transparent observation panel sized to allow visual inspection of the winding drum and the guide tapes through the housing.

The present invention comprises a banknote accumulator according to a housing having a banknote slot through which banknotes are received, a winding drum within the housing and rotatably drivable for winding of banknotes thereon, guide tapes attached to the winding drum and forming a transition for guiding a banknote counter manufacturer onto or off of the winding drum and through the banknote slot, a drive arrangement for rotatably driving the winding drum. The drive arrangement drives the winding drum in a banknote receiving direction to wind a banknote and the tapes about the winding drum and rotatably drives the winding drum in a banknote dispensing direction to dispense a last received banknote on the winding drum with the tapes guiding the last received banknote from the winding drum through said banknote slot. The drive arrangement additional drives the guide tapes to accumulate the guide tapes as the tapes are unwound from the winding drum during dispensing of the last to be received banknote. The accumulator includes a plurality of electrical sensors which measure and detect operating conditions of the accumulator and an electrical signal processor for analyzing the signals of the sensors and to communicate with a remote financial transaction processor through an electrical connection associated with the housing and through which power is provided to the accumulator.

 

 

source:freepatentsonline

Used by banks, currency exchanges, vending business, arcades, restaurants, stores, and any other establishment that goes through a lot of cash and change, money sorters come in assorted sizes, configurations and price ranges. A money sorter can be very simple or quite elaborate. From children's banks that separate coins by denomination to money sorters that place coins into rolls and tally the exact amount, these devices make categorizing money simple. There are machines that separate and count bills as well, making a money sorter a convenient tool for sorting, counting and organizing coins and bills alike.

A coin sorter for sorting coins of mixed diameters is set forth. The sorter includes a coin-driving member and a coin-guiding member. The lower surface of the coin-guiding member forms a plurality of exit channels for guiding coins of different diameters to different exit stations along the periphery of the coin-guiding member. The coin sorter includes a brake mechanism which permits stopping of the coin-driving member at high speeds such that an invalid coin is retained or for ensuring the correct amount of coins is sent to the coin-collecting receptacle. The coin sorter also includes an operator interface panel for easy operator inputs. Operator inputs allow the operator to adjust the movement of the coin-driving member after encountering a stop and for adjusting the amount of lubrication sent to the coin-guiding member.

At home, a money sorter machine is a great device for teaching children to save money. As they put coins into their banks, kids can see how quickly the money adds up. Before long, a child has an entire roll of coins that can be added to his or her savings or exchanged for bills. A money sorter is also handy for adults, especially if they handle a lot of change or singles at work. Someone who earns tips for example, might find a money sorter very convenient.

A quality money sorter is very sturdy, reliable and simple to use. Many are so simplistic that all you have to do is pour in change or load a stack of bills and let the machine do the work. A money sorter can sort coins and bills by denomination, organizing them and counting them at the same time. Many even check the authenticity of the money, removing counterfeit notes and coins from the rest of the currency.

In business, time is money, so the quicker money can be sorted, counted, rolled and stacked, the better it is for the business owner. It is also important to detect counterfeit money, which money sorters can do with UV light or a magnetic component.

Money sorters can also be purchased with different speeds. Some can count as many as 1,000 bills in just one minute. These devices are easy to use and some models can be hooked up to your computer. There are also portable, battery operated models.

Although coin sorters have been used for a number of years, problems are still encountered in this technology. For example, friction of the moving coins on the surface of the coin-guiding member can cause galling of that surface. If softer metals are used in coins, some of the softer metal may fuse into the surface of the coin-guiding member. It would be advantageous to have a coin sorter which could not only apply lubrication to the coin-guiding member, but vary the amount of lubrication and the frequency of lubrication by simple operator inputs.

To accomplish exact bag stopping or the expulsion of an invalid coin, the moving components of the system must be decelerated at high rates to ensure that the trigger coin (the invalid coin, or the last coin to be placed in a bag) enters the correct chute. This requires an extreme brake force to be exerted on some of the moving components in the coin sorter manufacturer when coins are being sorted and discharged at the rate of over 4000 coins per minute. This excessive brake force leads to substantial wear on the brake components. Thus, it would be useful to have an apparatus which continuously adjusts the braking mechanism at an optimum deceleration rate, that is not too excessive, so as to conserve the amount of wear on the brake components.

Furthermore, stopping is often necessary to ensure that only the trigger coin enters the bag. It would be useful to have a bag switching mechanism which would only require the coin sorter to decelerate, and not stop. Thus, the rate of sorting and discriminating would increase if only deceleration were needed. And, the wear on the braking components would decrease. This problem is accentuated when the sensors detecting the coin are in the exit channels near the periphery of the sorting head.

Because the exact bag stop feature may encounter problems in that the trigger coin may not fully discharge from the sorting head due to deviations in the braking mechanism or drive motor, it would be useful to have a feature which allowed the operator to change the amount of angular displacement of the coin-driving member after the trigger coin is detected. Such a feature would provide a user with simplistic means to correct this problem without having to modify the braking mechanism or the coin-driving member. It would also be beneficial to have a coin collection system which would allow the coin sorter to continue operation even though the coin limit for one denomination is reached.

It is a primary object of this invention to provide an improved coin sorter which can be operated at extremely high speeds and with a high degree of accuracy.

In accordance with the present invention, the foregoing objective is realized by providing a coin sorter which includes a rotatable disc having a resilient top surface and a stationary sorting head having a lower surface positioned parallel to the upper surface of the disc and spaced slightly therefrom. The coin sorter also includes an operator interface panel and a controller for operating the coin sorter.

The operator interface panel allows the operator to adjust the amount of lubrication by modifying the frequency and lubrication pulsing duration at which the lubrication is discharged. Consequently, every coin sorter product discharges the lubrication at a rate which is desirable for that specific coin sorter.

Further, the operator, via the operator interface panel, can adjust the amount of disc rotation which occurs after a trigger coin is sensed on the disc to ensure that the trigger coin is completely discharged from the disc, and that the coin following the trigger coin remains on the disc.

Another benefit of the coin sorter described herein is that the operator has the ability to quickly initialize and store in the memory of the controller the characteristic pattern against which the coins of a particular denomination are compared for determining coin validity.

The coin sorter also utilizes an internal brake adjust feature which permits the coin driving member to stop accurately, but without over using the braking mechanism. Thus, the service life of the brake mechanism is increased.

Additionally, the coin sorter supplier includes a dual path bag clamping mechanism having a guiding mechanism that switches the flow of coins between the two bags. The bag clamping mechanism also has a single path version as well. In either bag clamping mechanism, a novel bag interlock mechanism ensures that a bag is properly secured before the coin sorter discharges coins into the bag clamping mechanism.

Also, the guiding mechanism of the bag clamping mechanism that switches the flow of coins between the two bags is positioned far enough along the path of the coin beyond the periphery of the disc that the disc only needs to be decelerated, and not stopped, to perform an exact bag stop.

The above summary of the present invention is not intended to represent each embodiment, or every aspect, of the present invention. This is the purpose of the figures and the detailed description which follow.

Under counter water filters require a bit more installation work than the type that attach to the tap, however. They don't require a separate drain line but do require a feed line that connects to the main water pipe and cold water tap. Most under counter water filters come with instructions and all the parts you need to install your system. Installing under counter water filters can usually be done in less than an hour, or by a plumber.

As with any type of water filtration system, under counter water filters have a cartridge that must be replaced periodically. Replacing the cartridge is easy. Once the unit has been installed under your sink, all you need to do is follow the manufacturer's instructions. Usually, all that is required is to unscrew the cover of the under water filter and take out the cartridge, replace it, and then put return the cover.

Money counting machine comprising a switch which produces signal pulses corresponding to the counted number of coins, a plural-digit counter which receives said signal pulses from the switch and produces bit signals corresponding to digits representing the counted coins together with sequentially produced clock pulses corresponding to particular digits, NAND gates connected with the counter allow an output to pass therethrough and through a selector switch when the selected number of coins are counted, said output being used to effect state change of a flip-flop circuit for terminating the money counting operation.

As more people become concerned about health, water filters are becoming an essential component of the home. Delivering the convenience of instant pure water without having to buy it in the bottle, under counter water filters offer the greatest level of convenience. As opposed to some portable water filters that are attached directly to the faucet, under counter water filters are directly attached to the plumbing under the counter. It's out of sight, doesn't have to be turned on and off, and delivers a constant supply of clean water to your tap.
Many people prefer under counter water filters because it saves on money counter space, and once installed, is unobtrusive and its operation is transparent. Countertop filters may be equally effective however, depending on the level and method of filtration. There are several different types available, including reverse osmosis, and specialty filters that are designed to remove fluoride, lead, bacteria, or other undesirable elements.

A cash counting machine comprising detecting means for counting coins and for providing coin count signals corresponding to counted number of coins, a plural-digit counter including a plurality of digit select terminals from which clock pulses are sequentially delivered in regular time intervals and a plurality of bit signal terminals, said counter being connected with the detecting means to receive the coin count signals therefrom and produce bit signals in at least one of said bit signal terminals representative of counted number of coins and corresponding to the digit which is represented by one of the clock pulses of the digit select terminals from which the clock pulse is being delivered, means connected with said digit selecting terminals and said bit signal terminals to receive signals therefrom for producing an output signal pulse when a predetermined number of coins have been counted, and memory circuit means for memorizing the output signal pulse to produce a stop signal for terminating counting operation of said counting means, said memory circuit means being connected to receive said output signal pulse when a predetermined number of coins have been counted.

Money counter in accordance with claim 1 in which said memory circuit means is a bistable switching circuit which is adapted to be switched from one state to the other by means of the output signal pulse to produce said stop signal.
Money counting machine in accordance with claim 1 in which said output signal producing means includes NAND gate means having a plurality of NAND gates which are closed when predetermined bit signals are applied thereto simultaneously with the corresponding clock pulse from the corresponding digit select terminal, so as to supply the memory circuit means with said output signal pulse.
Money counting machine in accordance with claim 3 in which selector switch means is provided between the NAND gate means and the memory circuit means.

The present invention relates to money counting machines and more particularly to money counting machines provided with means for interrupting the money counting operation when a predetermined number of coins have been counted.

Conventionally, money counting machines have been equipped with means for interrupting the money counting operation when a desired or predetermined number of coins have been counted. Such interrupting means comprises a counting device which includes counting circuit means adapted to produce a stop signal for stopping money counting when the desired or predetermined number of coins have been counted. In known type of such counting device, the counting circuit means includes a plurality of digit counting circuits, one for each digit of the number to be counted, and generally requires separate and complicated wiring for each counting circuit.

Recent developments in the field of semiconductor technology has made it possible to provide a single counter which has a function equivalent to a plurality of digit counters. More specifically, there is a plural-digit counter which has a plurality of digit select terminals for sequentially providing clock pulses in regular time intervals and a plurality of bit signal terminals for providing signal pulses which are representative of coins being counted. The signal pulses from the bit terminals are synchronized with the clock pulses from the digit select terminals in such a manner that the bit signals represent a figure of the digit which corresponds to the digit select terminal from which the clock pulse is being presented. One example of such plural-digit counters is MSM 5502 4-DIGIT COUNTER available from Oki Electric Company in Tokyo, Japan. These plural-digit counters have been provided for use with display devices such as display tubes, and it has been considered as being difficult to apply this type of counters to money counter manufacturer because the duration of output signal is very short so that the signal cannot provide an adequate electric energy to actuate solenoid means which has usually been employed in a mechanism for stopping the money counting.

The present invention has therefore an object to provide means for controlling the count of coins in money counting machines in a simple manner as compared with conventional machines.

Another object of the present invention is to provide money counting machines having plural-digit counters equipped in counting sections.

A further object of the present invention is to provide money counting machines in which money counting can be terminated without fail when a desired or predetermined number of moneys have been counted.

A still further object of the present invention is to provide banknote counter which have simple and compact wiring circuits as compared with those in conventional machines.

According to the present invention, the above and other objects can be accomplished by money counting machines of the coin type comprising detecting means for counting number of coins, means for providing coin count signals corresponding to the counted number of coins, a plural-digit counter including a plurality of digit select terminals from which clock pulses are sequentially delivered in regular time intervals and a plurality of bit signal terminals, said counter being connected with the detecting means to receive the coin count signals therefrom and produce bit signals in at least one of said bit signal terminals representing of the counted number of coins and corresponding to the digit which is represented by one of the clock pulses of the digit select terminals from which the clock pulse is being delivered,

means connected with said digit selecting terminals and said bit signal terminals to receive signals therefrom for producing an output signal pulse when a predetermined number of coins have been counted, and memory circuit means for memorizing the output signal pulse to produce a stop signal for terminating counting operation of said counting means said memory circuit means being connected to receive said output signal pulse when a predetermined value of coins have been counted. In a preferred mode of the present invention, the memory circuit means is a bi-stable switching circuit which is adapted to be switched from one state to the other by means of the output signal pulse. It should of course be noted that other types of memory circuits, such as a multi-vibration, may also be used for the purpose.

 

money, term that actually refers to two concepts: the abstract unit of account in terms of which the value of goods, services, and obligations can be compared; and anything that is widely established as a means of payment. Frequently the standard of value also serves as a medium of exchange, but that is not always the case.

Many ancient communities, for instance, took cattle as their standard of value but used more manageable objects as means of payment. Exchange involving the use of money counter is a great improvement over barter, since it permits elaborate specialization and provides generalized purchasing power that the participants in the exchange may use in the future. The growth of monetary institutions has largely paralleled that of trade and industry; today almost all economic activity is concerned with the making and spending of money incomes.

From the earliest times precious metals have had wide monetary use, owing to convenience of handling, durability, divisibility, and the high intrinsic value commonly attached to them. Whether an article is to be regarded as money does not, however, depend on its value as a commodity, except where intrinsic worth is necessary to make it generally acceptable in exchange; the relation between the face value of an object used as bill counter and its commodity value has actually become increasingly remote (see coin). Paper currency first appeared about 300 years ago; it was usually backed by some "standard" commodity of intrinsic value into which it could be freely converted on demand, but even during the early development of currency, issuance of inconvertible paper money, also called fiat money, was not infrequent (see, for example, Law, John). The world's first durable plastic currency was introduced by Australia in a special issue in 1988 and in a regular issue in 1992. Plastic bills are more resistant to counterfeiting than paper, and a number of countries now issue some plastic currency.

The importance of money has been variously interpreted. While the advocates of mercantilism tended to identify money with wealth, the classical economists, e.g., John Stuart Mill, usually considered money as a veil obscuring real economic phenomena. Since the mid-20th cent., a group known as the monetarists has given increasing attention to the role of bill detector in determining national income and economic fluctuations.

The monetary system of the United States was based on bimetallism during most of the 19th cent. A full gold standard was in effect from 1900 to 1933, providing for free coinage of gold and full convertibility of currency into gold coin; the volume of money in circulation was closely related to the gold supply. The passage of the Gold Reserve Act of 1934, which put the country on a modified gold standard, presaged the end of the gold-based monetary system in domestic exchange. Under this system, the dollar was legally defined as having a certain, fixed value in gold. While gold was still thought to be important for maintenance of confidence in the dollar, its connection with the actual use of money was at best vague. The 1934 act stipulated that gold could not be used as a medium of domestic exchange. More recently, a number of measures have de-emphasized the dollar's dependence on gold; since the early 1970s, practically all U.S. currency, paper or coin, is essentially fiat money.

Under the Legal Tender Act of 1933, all American coin and money counting machine in circulation is now legal tender, i.e., under the law it must be accepted at face value by creditors in payment of any debt, public or private. Most of the currency circulating in the United States consists of Federal Reserve notes, which are issued in denominations ranging from $1 to $100 by the Federal Reserve System, are guaranteed by the U.S. government, and are secured by government securities and eligible commercial paper. A small fraction of the currency supply is made up of the various types of coin, none of which has a commodity value equal to its face value. Finally, an even smaller part of the circulating currency is composed of bills that are no longer issued, such as silver certificates, which were redeemable in silver until 1967, and bills in denominations between $500 and $100,000, which have not been issued since 1969. Today, currency and coin are less widely used as a means of payment than checks, debit cards, and credit cards; demand deposits (checking accounts) are, therefore, generally considered part of the money supply.

Starting in 1996, the Federal Reserve undertook the redesign of all paper bills, chiefly to deter a new wave of counterfeiting that uses computer technology; further changes, including colors in addition to green, were introduced in 2003. (See banking; on the regulation of the supply, availability, and cost of cash counting machine , see Federal Reserve System and interest.) Certain assets, sometimes called near-monies, are similar to money in that they can usually be readily converted into cash without loss; they include, for example, time deposits and very short-term obligations of the federal government. Funds that are frequently transferred from country to country for maximum advantage are called hot monies. The technical definition of the nation's aggregate money supply includes three measures of money: M-1, the sum of all currency and demand deposits held by consumers and businesses; M-2 is M-1 plus all savings accounts, time deposits (e.g., certificates of deposit), and smaller money-market accounts; M-3 is M-2 plus large-denomination time deposits held by corporations and financial institutions and money-market funds held by financial institutions.

Electronic payment systems, already in place for use by credit-card processors, were adapted in the 1990s for use in electronic commerce (e-commerce) on the Internet. Such "digital cash" payments allow customers to pay for on-line orders using secure accounts established with specialized financial institutions; related technology is used for on-line payment of bills.

Coined metal, usually gold or silver, upon which a government has impressed its stamp to designate its value. While coin sorter was once limited to "coin of the realm," in common usage the term refers to any currency, tokens, bank notes or the like accepted as a medium of exchange. Under the Uniform Commercial Code, money is defined as "a medium of exchange authorized or adopted by a domestic or foreign government as a part of its currency." U.C.C. §1-201(24). Compare legal tender.

Money that comes from a pact with the devil is of poor quality, and such wealth, like the fairy-money, generally turns to earth, or to lead, toads, or anything else worthless or repulsive. St. Gregory of Tours (d. 594 C.E.) told a illustrative story: "A youth received a piece of folded paper from a stranger, who told him that he could get from it as much money as he wished, so long as he did not unfold it. The youth drew many gold pieces from the papers, but at length curiosity overcame him, he unfolded it and discovered within the claws of a cat and a bear, the feet of a toad and other repulsive fragments, while at the same moment his wealth disappeared."

It is said that an Irishman outsmarted the devil. In his book Irish Witchcraft and Demonology (1913; 1973), St. John D. Seymour told the amusing story of Joseph Damer of Tipperary County, who made a bargain with the devil to sell his soul for a top-boot full of gold. On the appointed day, the devil was ushered into the living room, where a top-boot stood in the center of the floor. The devil poured gold into it, but to his surprise, it remained empty. He hastened away for more gold, but the top-boot would not fill, even after repeated efforts. At length, in sheer disgust, the devil departed. Afterward it was claimed that the shrewd Irishman had taken the sole off the boot and fastened it over a hole in the floor. Underneath was a series of large cellars, where men waited with shovels to remove each shower of gold as it came down.

In popular superstition it is supposed that if a person hears the cuckoo for the first time with banknote counter in his pocket, he will have some all the year, while if he greets the new moon for the first time in the same fortunate condition, he will not lack money throughout the month.

 

 

from:answers

Commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed; it circulates from person to person and country to country, thus facilitating trade. Throughout history various commodities have been used as money, including seashells, beads, and cattle, but since the 17th century the most common forms have been metal coins, paper notes, and bookkeeping entries. In standard economic theory, money is held to have four functions: to serve as a medium of exchange universally accepted in return for goods and services; to act as a measure of value, making possible the operation of the price system and the calculation of cost, profit, and loss; to serve as a standard of deferred payments, the unit in which loans are made and future transactions are fixed; and to provide a means of storing wealth not immediately required for use.

Metals, especially gold and silver, have been used for money counter for at least 4,000 years; standardized coins have been minted for perhaps 2,600 years. In the late 18th and early 19th century, banks began to issue notes redeemable in gold or silver, which became the principal money of industrial economies. Temporarily during World War I and permanently from the 1930s, most nations abandoned the gold standard. To most individuals today, money consists of coins, notes, and bank deposits. In terms of the economy, however, the total money supply is several times as large as the sum total of individual money holdings so defined, since most of the deposits placed in banks are loaned out, thus multiplying the money supply several times over. See also soft money.

Anything commonly accepted as a Legal Tender currency for payment of debts. Money counting machine has been defined any number of ways, but it generally serves three distinct purposes, depending on how it is used: (1) as a medium of exchange for payments between consumers, businesses, and government; (2) as a unit of account for measuring purchasing power, or the prices paid for goods and services; and (3) as a store of value for measuring the economic worth of current income deferred for spending in future years.

In the United States, paper currency (Federal Reserve Note), coins, and checking account balances are examples of money. Other forms of money are commodity money (gold and silver bullion and coins, brightly colored shells and so on), and Barter the trading of goods and services without monetary exchange. Today, paper currency represents only a fraction of the nation's money supply; about three-fourths of the Money Supply is held in the form of bookkeeping debits and credits representing demand deposit (checking) account balances in commercial banks. See also Currency in Circulation; Fiat Money; M1; M2; M3; Monetary Base; Money Supply; Near Money.

In the modern world we take bill counter for granted. However, pause for a moment and imagine what life would be like without money. Suppose that you want to consume a particular good or service, such as a pair of shoes. If money didn't exist, you would need to barter with the cobbler for the pair of shoes that you want. Barter is the process of directly exchanging one good or service for another. In order to purchase the pair of shoes, you would need to have something to trade for the shoes. If you specialized in growing peaches, you would need to bring enough bushels of peaches to the cobbler's shop to purchase the pair of shoes. If the cobbler wanted your peaches and you wanted his shoes, then a double coincidence of wants would exist and trade could take place.

But what if the cobbler didn't want your peaches? In that case you would have to find out what he did want, for example, beef. Then you would have to trade your peaches for beef and the beef for shoes. But what if the person selling beef had no desire for peaches, but instead wants a computer? Then you would have to trade your peaches for a computer—and it would take a lot of peaches to buy a computer. Then you would have to trade your computer for beef and the beef for shoes. But what if…? At some point it would become easier to make the shoes yourself or to just do without.
Bill detector as a way of avoiding the complexities and difficulties of barter. Money is any asset that is recognized by an economic community as having value. Historically, such assets have included, among other things, shells, stone disks (which can be somewhat difficult to carry around), gold, and bank notes.

The modern monetary system has its roots in the gold of medieval Europe. In the Middle Ages, gold and gold coins were the common currency. However, the wealthy found that carrying large quantities of gold around was difficult and made them the target of thieves. To avoid carrying gold coins, people began depositing them for safekeeping with goldsmiths, who often had heavily guarded vaults in which to store their valuable inventories of gold. The goldsmiths charged a fee for their services and issued receipts, or gold notes, in the amount of the deposits. Exchanging these receipts was much simpler and safer than carrying around gold coins. In addition, the depositors could retrieve their gold on demand.

Goldsmiths during this time became aware that few people actually wanted their gold coins back when the gold notes were so easy to use for exchange. They therefore began lending some of coin sorter on deposit to borrowers who paid a fee, called interest. These goldsmiths were the precursors to our modern fractional reserve banking system.

Regardless of what asset is recognized by an economic community as money, in general it serves three functions:

    * Money is a medium of exchange.
    * Money is a measure of value.
    * Money is a store of value.

Money as a medium of exchange. Used as a medium of exchange, money means that parties to a transaction no longer need to barter one good for another. Because money is accepted as a medium of exchange, you can sell your peaches for banknote counter and purchase the desired shoes with the proceeds of the sale. You no longer need to trade peaches—a lot of them—for a computer and then the computer for beef and then the beef for the shoes. As a medium of exchange, money tends to encourage specialization and division of labor, promoting economic efficiency.

Money is a measure of value. As a measure of value, money makes transactions significantly simpler. Instead of markets determining the price of peaches relative to computers and to beef and to shoes, as well as the price of computers relative to beef and to shoes, as well as the price of beef relative to shoes (i.e., a total of six prices for only four goods), the markets only need to determine the price of each of the four goods in terms of money. If we were to add a fifth good to our simple economy, then we would add four more prices to the number of good-for-good prices that the markets must determine. As the number of goods in our economy grew, the number of good-for-good prices would grow rapidly. In an economy with ten goods, there would be forty-five good-for-good prices but only ten money prices. In an economy with twenty goods there would be one hundred and ninety good-for-good prices but only twenty money prices. Imagine all of the good-for-good prices in a more realistic economy with thousands of goods and services available.

Using cash counting machine as a measure of value reduces the number of prices determined in markets and vastly reduces the cost of collecting price information for market participants. Instead of focusing on such information, market participants can focus their effort on producing the good or service in which they specialize.

Money as a store of value. Money can also serve as a store of value, since it can quickly be exchanged for desired goods and services. Many assets can be used as a store of value, including stocks, bonds, and real estate. However, there are transaction costs associated with converting these assets into money in order to purchase a desired good or service. These transaction costs could include monetary fees as well as time delays involved in the liquidation process.

In contrast, money is a poor store of value during periods of inflation, while the value of real estate tends to appreciate during such periods. Thus, the benefits of holding money counting machine must by balanced against the risks of holding money.Money simplifies the exchange of goods and services and facilitates specialization and division of labor. It does this by serving as a medium of exchange, as a measure of value, and as a store of value.

 

 

from:answers

Instrument for recording physiological phenomena (including blood pressure, pulse rate, and respiration) of a human subject as he or she answers questions asked by an operator. These data (recorded as graphs) are used as the basis for judging whether the subject is lying. The phenomena usually chosen for recording are those not easily controlled voluntarily. The types of questions asked, their wording, and the mode of presentation have a tremendous effect on the results and their reliability. Used in police interrogation and investigation since 1924, the bill detector is still controversial among psychologists and not always accepted as evidence in courts.

A device intended to detect an involuntary physiological response that all persons exhibit when lying but never when telling the truth. Because there is no such specific lie response, actual “lie detector” tests used in the United States record breathing movements, blood pressure changes, and electrodermal responses on a polygraph while the respondent answers “yes” or “no” to a series of questions. From the recordings, one can determine whether “relevant” questions had greater impact on the respondent than the interpolated “control” questions. See also Electrodermal response.

Counterfeit pens contain an iodine-based ink. They can be used to detect counterfeit Swiss franc, euro and United States banknotes amongst others. Typically, genuine banknote counter are printed on paper based on cotton fibers, and do not contain the starches that react with iodine. When the pen is used to mark genuine bills, the mark is yellowish or clear. Counterfeit pens are most effective against notes printed on standard printer or photocopier paper.

Pen manufacturers claim such pens will detect a great majority of counterfeit bills, but critics suggest the effectiveness is much lower. Critics claim that professional counterfeiters use starch-free paper, making the pen unable to detect the majority of money counting machine in circulation.  Magician and skeptic James Randi has written about the ineffectiveness of counterfeit pens on numerous occasions  and uses a pen as an example during his lectures. Randi claims to have contacted a United States Secret Service inspector and asked whether the pen works as advertised, to which the inspector replied "it is not dependable." The Secret Service does not include such pens in their guidelines for the public's detection of counterfeit US currency.

US counterfeiters bleach small denominations and print more valuable bills on the resulting blank paper to evade this test, although changes to the currency since 2004 have made this method easier to detect. This is one reason that many currencies use different sized notes for different denominations.

 

 

from:wiki

A banknote counter (or bill counter ) is a device designed primarily to accurately count a quantity of banknotes. Additionally, a banknote counter may sort banknotes into batches and check for damaged or counterfeit notes.
The first automatic bill counting machines (or banknote counting machines) were introduced in the 1920s in the United States and were produced by the Federal Bill Counter Company of Washington, D.C.. These machines were designed to increase efficiency in tellers in the Federal Reserve Bank and reduce human error. The machine would stop once a set “batch” of notes was reached allowing a teller to insert a wooden block to keep batches separate.

Modern banknote counting machines use a technology developed by Tokyo Calculating Machine Works of Shinagawa, Tokyo and introduced in 1962. It quickly dominated the market for increased speed and accuracy.

In 1981 computerized friction note counters were introduced in the form of the REI High-Speed machine, which sped up note counting to 72,000 notes per hour and eliminated the need manual sorting and counting completely. This innovative machine could also sort notes according to their value and remove counterfeit or heavily damaged notes. Many of these features are present in today’s note counting machines, some of which can detect a note's security features (e.g. magnetic ink, ultraviolet ink, magnetic strip, note density etc.) to identify counterfeit and damaged notes.

Other extra features that facilitate everyday contact with cash may also be present. For example, additions functions, batch functions and format recognition.
Weight based counting systems exist that can count both notes and coins on the same machine but are normally used to count smaller volumes of notes and do not sort or check for counterfeit or damaged notes.

 

 

 

 

Weight based money counters do not examine each note or coin separately but work by using finely calibrated loadcells to weigh a number of notes or coins and using a stored weight to perform a calculation to determine the quantity of pieces it has been presented with. These machines often use complex equations to take into consideration the natural variation between individual notes or coins.

Weight based money counters tend to be small in size so are often used on the desktops of bank tellers to check customer deposits or withdrawals or by retailers to count money on the shop floor. Although the capability of weight based money counting machines varies by model, typically they can count both notes and coins and check standard bank bundles or bags/rolls of coin to ensure that they are correct.
Many bill / money counters have counterfeit detection measures built in. The most common are Ultraviolet (UV) and Magnetic (MG) detection. This means the counter will scan the ultraviolet properties of the bill and the magnetic ink in the bill at the same time it is counting the currency. Most bill counters will stop and alert the user when a counterfeit banknote is detected. 

 

from:answers

 

BC-2000 series Currency Counter is heavy duty and ecomonic currency counter china for worldwide banknotes.

Its unique feeding system ensure its performance on counting various quality banknotes, even the very poor oiled banknotes, its optional Ultraviolet (UV) , Magnetic and Metal thread counterfeit detection Aid can avoid your loss by receiving banknote counter in cash handling field.

Our new model with value counting mode is coming soon.

Available Models
Models	UV	MG	Width Detection	Length Detection
BC-2000 Basic			?
BC-2000/UV	?		?
BC-2000UV/MG	?	?	?
BC-2000/UV/3D	?		?	?
BC-2000/UV/MG/3D	?	?	?	?

 

Technical Specification:

 

Counting Speed:	700, 1,000, 1,500 notes/min
Hopper Capacity:	500 notes
Suitable Note Size:	120 x 50 ~ 175 x 90 mm
Thickness:	0.05-0.2mm
Counting Display:	4 digits
Batch Display:	3 digits
Operation Mode:	a)continuous counting mode
	b) Batch counting mode
	c) Double detection mode
	d) Width detection mode
	e) UV counterfeit detection
	f) 3D counterfeit detection
	g) MG counterfeit detection
Power Requirements:	110V or 220V, AC 50/60HZ.
Dimensions:	280 (W) x 225 (D) x 250 (H) mm
Weight:	7kg
Outer Packing:	2 units/carton
Carton Dimensions:	63 x 34 x 35cm
N.W.:	14kg
G.W.:	16kg

 

 

from:Ribao|Money Counter China

 When you hear the word ?money counter ?, the first thing that comes to your mind is someone who counts money. Money counting machine do count money, but they are not persons. A money counter is a machine that can count, add, stack, and detect money. Money counting machines are used by banks, arcades, casinos, restaurants, multi national companies and any firm that handles a lot of cash or change in a day.

Money counter china are used all across the world to increase speed of counting cash, eliminate errors and simplify money handling. There are machines that can handle international currencies. These machines can detect the currency from various countries and display their values.

Money sorters come in all kind of shapes, sizes and types, as well as configurations and price ranges. There are simple banks meant for children that help them count their allowance and there are complex counters that place coins into rolls and tally the exact amount. There are other money counters that count and sort cash as well.

Counterfeit Detectors

A money detector is a built-in setting in a money counter that detects fake currency from the rest of the bundle. If the currency is counterfeit, an alarm alerts the user. A counterfeit detector has the following components

? A magnetic detector scans the bills for the magnetic component that is used while making bills. In case of US bills, the bills when passed over the detector will produce a positive magnetic response.

? A magnifying detector is used to detect and check micro printing, fine-line printing pattern, serial number, inscribed security thread etc that is customized on various currencies. These cannot be seen with the naked eye. Hence magnifying detectors are used.

? A watermark is a specialized marking found on the US currency. It is produced by applying pressure on the bill mold. Holding the currency against a UV bulb will detect the quality of the watermark. A weak watermark means fake currency.

? Every US dollar bill has unique color shifting property on its lower right hand side corner. If you focus the bill on the lighted reflector, that part changes color from green to black. If there is no change in color, then it means the currency counter is counterfeit.

The first automatic bill counting machines (or banknote counting machines) were introduced in the 1920s in the United States and were produced by the Federal Bill Counter Company of
Washington, D.C.. These machines were designed to increase efficiency in tellers in the Federal Reserve Bank and reduce human error. The machine would stop once a set “batch” of notes was reached allowing a teller to insert a wooden block to keep batches separate.

Modern banknote counting machines use a technology developed by Tokyo Calculating Machine Works of Shinagawa, Tokyo and introduced in 1962. It quickly dominated the market for increased speed and accuracy. In 1981 computerized friction note counters were introduced in the form of the REI High-Speed machine,which sped up note counting to 72,000 notes per hour and eliminated the need manual sorting and counting completely. This innovative machine could also sort notes according to their value and remove counterfeit or heavily damaged notes. Many of these features are present in today’s note counting machines , some of which can detect a note’s security features (e.g. magnetic ink, ultraviolet ink, magnetic strip, note density etc.) to identify counterfeit and damaged notes. Other extra features that facilitate everyday contact with cash may also be present. For example, additions functions, batch functions and format recognition.

The world’s first automatic coin counting machines in history were invented by Kokuei Machinery
 Manufacturing Co., Ltd. (now named GLORY LTD.) to the Mint Bureau, Ministry of Finance in Japan
in 1950. These machines were designed in purpose of increasing efficiency of tellers in the Mint Bureau,
Ministry of Finance and reduce human error. Later, in 1953, coin-counting machine for banks
are successful developd and introduced into market.
 It is the pioneer of the currency processing equipment.

Follow their success, Suzhou Ribao Technology Co. Ltd. has become  a professional high technology company with R&D, production, sales and marketing team. Ribao are concentrated on the business of banknotes, coins handling industry, to provide solution for counting, sorting and authenticating banknotes, coins. coin sorter  china are widely used in banks, supermarkets, undergrounds, vending operations, retail stores, casinos, etc.