Patent ID: 6685551
Filing Date: 2004-02-03
Classification: G07D

Abstract:
A coin dispenser comprising:a base; a coin magazine with a plurality of coin channels for receiving stacks of coins, said coin magazine being mounted for rotation on said base around an axis of rotation such that the coin channels move along a looped coin path; a coin ejector that is located at a single coin ejection location and proximate to said looped coin path, said ejector being operable in a direction substantially parallel to the axis of rotation for the coin magazine to move into and out of a selected coin channel to contact and eject a coin; a position monitor for monitoring angular movement of the coin magazine and the respective coin channels in relation to the coin ejector, wherein the position monitor is positioned in advance of the coin elector by an angular distance along the coin path to allow anticipation of the coin channel from which a coin is to be dispensed; and an electronic control responsive to position signals from the position monitor for coordinating operation of the coin ejector to coincide with arrival of a selected coin channel at the coin ejection location.