Abstract: An electronically controlled token engraving apparatus, wherein a slide moves blank tokens from a blank token receiving station to an engraving station and, after engraving, to an ejection station, under the control of a digital logic system is disclosed. The slide includes a token receiving aperture that receives a blank token at the blank token receiving station. At the engraving station, a typehead comprising a plurality of radial type bars is manually rotated by an operator until the desired character type is located above the upper peripheral edge of the token. Thereafter, actuation of a switch causes a toggle press to press the end of the type bar and, thus, the type downwardly against the token causing a character to be engraved therein. Just prior to a character being engraved, the token is indexed a predetermined distance. After a character is engraved, the typehead is manually rotated until the next desired character type is located above the upper peripheral edge of the token.

Abstract: A token engraving apparatus comprising a turret movable through a path of travel between a blank token receiving station, an engraving station and an ejection station. Gravity causes blank tokens to fall from a plurality of tubular blank token holders into apertures, formed in the turret, at the blank token receiving station. The turret moves the blank tokens to the engraving station. A type head comprising a plurality of radially extending type bars moves independently of the movement of the turret so as to sequentially position the type of desired type bars above the token located at the engraving station. Located at the engraving station, above the tokens and the type ends of the type bars, is an electromechanical press. When energized the press moves the particular type bar located above the token downwardly against the upper peripheral edge of the token causing a character to be engraved therein. A type head locking mechanism locks the type head in position during engraving.