Mixed Denomination Coin Dispensing System

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Solution Overview

Problem

Conventional money item dispensing systems require a large number of single denomination hoppers to efficiently dispense various coin denominations, leading to space inefficiencies and the need for more coins than necessary in payouts, as they often lack full coin sets.

Innovation Solution

A money item dispensing system with a secure housing that includes a multiple denomination cash box and recycling conveyor, which allows for the storage and redistribution of mixed denomination coins, enabling efficient dispensing by sorting and redistributing coins between single denomination hoppers and a mixed magazine, thereby optimizing coin usage and reducing the number of hoppers needed.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If a large number of single denomination hoppers are used to efficiently dispense various coin denominations, then the dispensing efficiency is improved, but the space occupied by the system increases

Engineering Contradiction:
Improvedispensing efficiencyVSAvoidspace occupied
Core Design Contradiction:
ProductivityVSArea of stationary object

Solution Approach 1:

The patent combines multiple single-denomination hoppers into a single multi-denomination hopper that can store and dispense multiple coin denominations simultaneously. This merging reduces the total number of hoppers needed while maintaining the ability to efficiently dispense various denominations, thereby improving space utilization without sacrificing dispensing efficiency.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The multi-denomination hopper is designed to perform multiple functions by storing and dispensing different coin denominations from a single unit. This universal design eliminates the need for separate dedicated hoppers for each denomination, reducing the overall system footprint while preserving full dispensing capability across all denominations.

Inventive Principle:
Principle #6Universality (Multi-functionality)

2Device complexity

If single denomination hoppers are used for only a subset of coin denominations to reduce the number of hoppers, then the number of hoppers is reduced, but the coin set availability is limited

Engineering Contradiction:
Improvenumber of hoppersVSAvoidcoin set availability
Core Design Contradiction:
Device complexityVSAdaptability or versatility

Solution Approach 1:

The patent merges the capabilities of multiple single-denomination hoppers into one multi-denomination hopper that accommodates a complete set of coin denominations. This combination reduces the number of separate hoppers while ensuring full coin set availability for all denominations, resolving the trade-off between system simplicity and versatility.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The patent introduces a new dimension to the hopper design by organizing multiple denominations within a single hopper unit. Instead of expanding horizontally with more separate hoppers, the system vertically integrates multiple denominations in one unit, achieving both reduced complexity and enhanced adaptability.

Inventive Principle:
Principle #17Another dimension (Dimensionality change)

3Ease of manufacture

If each hopper has the same fixed size to simplify design, then the manufacturing ease is improved, but the coin volume optimization is reduced

Engineering Contradiction:
Improvedesign simplicityVSAvoidcoin volume
Core Design Contradiction:
Ease of manufactureVSQuantity of substance

Solution Approach 1:

The patent combines multiple fixed-size single-denomination hoppers into one multi-denomination hopper with optimized internal volume. This merging allows the system to maintain design simplicity while achieving better coin volume utilization, as the single hopper can be precisely engineered to hold the optimal total quantity of mixed denominations.

Inventive Principle:
Principle #5Merging (Combining)

Data Source

PatentEP2997552B1Money item dispensing
Publication Date: 2022.08.10 CRANE PAYMENT INNOVATIONS LTD
  • EP2997552B1 patent drawingFigure 1
  • EP2997552B1 patent drawingFigure 2
  • EP2997552B1 patent drawingFigure 3

AI summary

A method and system for recycling money items from a mixed denomination money item storage chamber to create a mixed money item magazine for dispensing money items.