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The coin counter or coin sorter works with utmost precision and are regarded to be ideal for speeding up the day to day counting task and eliminating the chances of errors from it.
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Boon to financial cosmos: Coin Counter & Sorter Things around us are more frequently changing, and each process is being driven faster than before. In this continuously evolving world, there are many things changing at a faster pace in the working of the financial system too. Cash managementtask has become much simpler now, and the errors are reduced to a great extent. The use of technology is responsible for curtailing the man-made errors and increasing the efficacy of each process. One of these useful technological equipment, whose introduction played an especially important role in causing great transformations in cash handling or managing processes is the cash counter. Cash counters and cash sorters could be regarded as boons for the financial system because of the advantage it provides. The coin counter or coin sorterworks with utmost precision and are regarded to be ideal for speeding up the day to day counting task and eliminating the chances of errors from it. Many banks, as well as organizations, have this machine at their premises. A common reason for keeping this machine is its time-saving ability. The coin counter or sorter machine consists of special sensors in it which initiates the counting process. It makes use of the fact that each coin has a different thickness and diameter. The sensors in the machine sense the varying thickness and diameter of the coins and sort them accordingly. There is an automated rotating circular disc inside the coin sorter and counter machine. When the mixed species of coins are exposed to the machine, the rotating disc identifies the coin type on the basis of its size. After this identification, the coin is made to pass through the funnels and then into the separating cups. When it comes to counting, the coin counters are designed in a way that they are faster as well as more accurate than human counting. The dual optical sensor system in it identifies the coin based on it is the size and drops it into the correct cup for counting. Each time the coin drops into the cup, it gets feed into the memory of the system. By this single counting, the total counting is performed and is stored all together in the system memory. There is also another type of counter which makes use of the weight instead of size for sorting the coins. Such counters are equipped with cells that generate electronic signals to measure the weight of the coins, followed by their counting.