Money Changer - Mechanical Device

Mechanical Device

A money changer (or coin changer or coin dispenser) is a device that changes or dispenses coins. It can take various forms. One type is a portable coin dispenser, invented by Jacques L. Galef, often worn on a belt, used by conductors and other professions for manual fare collection. It dispenses a single coin when a lever is depressed. Another type is a fixed coin dispenser that dispenses several coins at once, such as four quarters or five nickels, for making change at a venue for coin-operated devices, such as a penny arcade, pinball parlor, or Automat. It is typically mounted in a manned booth or counter. A third type, sometimes called a "change maker" or "Automatic Cashier", has an array of 100 or more buttons that dispense exact amounts of change from 1ยข to $1.00. These are typically found at teller windows in banks and sometimes in retail establishments. This type of change maker may also operate electromechanically under control of a cash register, automatically giving correct change for a customer's purchase.

Read more about this topic:  Money Changer

Famous quotes containing the words mechanical and/or device:

    The correct rate of speed in innovating changes in long-standing social customs has not yet been determined by even the most expert of the experts. Personally I am beginning to think there is more danger in lagging than in speeding up cultural change to keep pace with mechanical change.
    Mary Barnett Gilson (1877–?)

    Corporation. An ingenious device for obtaining individual profit without individual responsibility.
    Ambrose Bierce (1842–1914)