Untitled record

L. H. OLMSTED.

Coin-Holder.

No. 212,867. Patented Mar. 4, 1879.

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N.PETERS, PHOTO-UTHOQRAPHER. WASHINGTON. 0. C.

United States Patent Office.

LEVERETT H. OLMSTED, OF BROOKLYN, NEW YORK.

IMPROVEMENT IN COIN-HOLDERS.

Specification forming part of Letters Patent No. 212,867, dated March. 4, 1879; application filed November 20, 1878.

To dll whom, it may concern:

Be it known that I, Leverett Homer Olmsted, of the city of Brooklyn, county of Kings, and State of New York, have invented a new and useful Improved Mode of BindingCoined Money Together, which improvement is fully set forth in the following specification and accompanying drawings, in which—

Figure 1 is a perspective view, with a part of the disk cut away to show the end of the band after being forced through the disk of a package of coined money bound together with my metallic band. Fig. 2 is a side view of my metallic band ready for use to bind coin together.

The object of my invention is to furnish a device by which packages of coined money may be made, and the coin be held firmly together for transportation, and at the same time the coin be exposed to view', that the number of pieces comprising the package may be readily counted without removing the binding, and to obviate the necessity of using any mucilaginous substance in binding the coin together, and to provide a rapid and cheap mode of binding coined money together.

In the drawings, A is the coined money. B is a disk or plate, made of paper or of any suitable material; or it maybe made of metal. When made of metal, the disk or plate is perforated, or an aperture is made in its center, to allow the ends of the band to pass through and under it. The paper disk can be made in the same manner, when desired.,

C is the metallic band, of which two are generally used iu binding a package of coin, although one band is sufficient to use for small packages. The ends of the-band are bent or turned transversely to its upright sides, as shown in Fig. 2.

The coin being placed within the band, a hammer is used to force the ends of the band through and under the disk or plate.

The band may be made of two pieces, when desired, instead of making it of a length to extend around the package. It may be made one-half the length, and each of its ends be bent transversely, and a disk or plate be placed at each end of the package.

The usual mode of binding coined money together is to wrap the coin with paper, the paper being made fast around the package with mucilage.

It is obvious that the ends of the bands or strips of metal may.be bent or turned in the opposite direction from that shown in the drawings, and the disk or plate be forced onto them, instead of forcing them down through the disk or plate.

Two or more bands may be made in one piece by cutting them from sheet metal, and leaving them connected together at one end of each band.

The ends of the band are beveled or pointed, that they may be more easily interlinked by the disk or plate when the disk or plate is not perforated. When the disk or plate is perforated the ends of the bands may be left blunt.

It is also possible to use the device with some success with a disk of yielding material unperforated and with the ends of the bands unpointed; but I prefer the pointed form of the ends in all cases, for the reason, among others, that the bevel of the ends, when made, as I prefer, chisel-shaped, serves to guide the folding or bending which occurs when the ends are forced down upon the coins, and insures the bending in the right direction. This form carries out the invention fully and perfectly.

The disk or plate is preferably made of straw-board, and made circular; but it is obvious that it may be “made of any material which will allow the ends of the band to be forced through evenly, and it may be made in the form of a square or oblong plate, or in any form which may be desired.