Patent ID: 8307995
Filing Date: 2012-11-13
Classification: A47F,E05B,Y10T

Abstract:
1. A theft deterrent apparatus for securing apertured articles to a forward-facing side of an article display panel, the theft deterrent apparatus comprising: an elongate member affixed to the forward-facing side of the article display panel; a housing disposed about and movable along said elongate member between a locked position and a release position, said housing defining an internal chamber; and a locking member movably disposed within the internal chamber to alternatively restrain the housing in its locked position along the elongate member, and release the housing for movement to its release position along the elongate member to, in turn, prevent and enable the removal of apertured articles from said article display panel, respectively; said locking member including a magnetic actuator, which moves the locking member between the housing locked position along the elongate member and the housing release position along the elongate member, said magnetic actuator adapted to interact with a magnetic key for repelling said magnetic actuator from its housing locked position to its housing release position to, in turn, enable the longitudinal movement of said housing along the elongate member, to enable the removal of said apertured articles from said article display panel, said housing further comprising a key aperture adapted to receive the magnetic key, said magnetic key, upon positioning within said key aperture, serving to repel said magnetic actuator from its housing locked position to its housing release position, the removal of said magnetic key from said key aperture removing the repelling force between said magnetic key and said magnetic actuator, permitting the magnetic actuator to return to its housing locked position, without any biasing force other than gravity.