Glory has been granted a patent for a coin feeding device that includes a disk with protrusions to catch and move coins upward, a cover to store coins, a guide to assist in coin movement, and a mechanism to remove and discharge coins. The device utilizes centrifugal force for efficient coin handling. GlobalData’s report on Glory gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Glory, Virtual banking assistant was a key innovation area identified from patents. Glory's grant share as of May 2024 was 45%. Grant share is based on the ratio of number of grants to total number of patents.
Coin feeding device with disk, protrusions, cover, guide, and taking-out mechanism
A recently granted patent (Publication Number: US11989995B2) discloses a coin feeding device designed to efficiently catch, move, and discharge coins. The device comprises a disk with protrusions that catch and move coins upward while rotating, a cover creating a storage space for coins, a guide to direct the coins caught by the protrusions, and a taking-out mechanism to grip and remove coins from the disk. The guide is positioned outside the disk to create a gap, allowing centrifugal force to move the coins towards the guide during rotation.
Furthermore, the patent details the operation of the taking-out mechanism, which includes a gripping portion that approaches the disk to grip and release coins protruding from the disk. The mechanism utilizes a cam to control the movement of the contact portion, ensuring precise gripping and releasing actions. Additionally, the device features a regulator to prevent multiple coins from being discharged simultaneously and allows for the detachment of the regulator for maintenance purposes. The taking-out mechanism rotates about an axis parallel to the disk's rotation shaft and can be moved between positions close to and apart from the disk. The guide, protrusions, and taking-out mechanism are all aligned in the same plane, with the guide positioned further away from the disk's center than the protrusions. The gap between the guide and the disk runs parallel to the disk's radius, enhancing the efficiency of coin movement within the device.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
