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Method and apparatus for discriminating and counting documents
| Details |
Inventors: Jones, William J.; Mennie, Douglas U.;
Assignee: Cummins-Allison Corp. (Mt. Prospect, IL)
Primary Examiner: Tran; Phuoc
Assistant Examiner:
Attorney, Agent or Firm:
A currency evaluating device for receiving a stack of currency bills, rapidly discriminating the bills in the stack and then re-stacking the bills which comprises an input receptacle, a transport mechanism for transporting in the direction of the narrow dimension of the bills from the input receptacle to one of a plurality of output receptacles, at a rate in excess of about 800 bills per minute, and a discriminating unit for determining the denomination of each bill. The device may also include an authenticating unit for determining the genuineness of the bills. The authenticating unit may detect by use of a plurality of magnetoresistive sensors or may detect by ultraviolet light. Alternatively, a currency counting and evaluation device comprises an input receptacle, a transport mechanism for transporting the bills in the direction of the narrow dimension to one of a plurality of output receptacles at a rate in excess of about 800 bills per minute, a stationary optical scanning head, means for sampling, a memory for storing characteristic signal samples and a signal processor. |
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DETAILED DESCRIPTION It is an object of the present invention to provide an improved method and apparatus for identifying, authenticating, and counting currency bills comprising a plurality of currency denominations.
It is an object of the present invention to provide an improved method and apparatus for discriminating among currency bills comprising a plurality of currency denominations.
It is another object of this invention to provide an improved method and apparatus of the above kind which is capable of efficiently discriminating among, authenticating, and counting bills of several currency denominations at a high speed and with a high degree of accuracy.
It is another object of this invention to provide an improved method and apparatus of the above kind which is capable of efficiently discriminating among, authenticating, and counting bills of several currency denominations at a high speed while the bills are being transported in the direction of its narrow dimension into a plurality of output receptacles.
A related object of the present invention is to provide such an improved currency discrimination and counting apparatus which is compact, economical, and has uncomplicated construction and operation.
Another object of this invention is to provide such an improved currency scanning and counting machine that is relatively inexpensive to manufacture and maintain, and which also facilitates service and maintenance.
In this connection, a related object of the invention is to provide such a machine having a relatively small number of parts, and in which most of the parts are arranged in a manner to have a long operating life with little or no maintenance.
Other objects and advantages of the invention will become apparent upon reading the following detailed description in conjunction with the accompanying drawings.
In accordance with one embodiment of the present invention, the foregoing objectives are realized by providing a currency evaluating device for receiving a stack of currency bills, rapidly counting, authenticating and discriminating the bills in the stack, and then re-stacking the bills
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