Patent ID: 6302777
Filing Date: 2001-10-16
Classification: A45C,G07D

Abstract:
A coin holding apparatus comprising:(a) a disk shaped casing comprising an upper wall, a lower wall and a peripheral wall, wherein said casing defines at least one internal coin well for receiving a substantially circular coin of a certain diameter and thickness, said coin well having an opening which:i. opens through a gap in the peripheral wall wherein the width of said gap is larger than the diameter of the coin and the height of said gap is larger than the thickness of the coin; andii. opens through the upper wall such that an outer portion of the coin well is open through the opening and an inner portion of the coin well is covered by the casing;(b) a band which encircles and rotationally engages the casing peripheral wall and which comprises at least one projection along a portion of the band wherein said band is rotatable between a closed position where the at least one projection blocks the peripheral surface gap of the at least one opening thereby blocking lateral removal of a coin from the coin well and an open position where the at least one projection does not block the peripheral surface gap; and(c) a retaining disk which is positioned within the at least one coin well and which is moveable vertically within the coin well; and(d) biasing means for urging the disk towards the upper wall of the casing.