Coins are integral part of our day to day life. We use coins everywhere like grocery store, banks, buses, trains etc. So it becomes a basic need that coins can be sorted and counted automatically. For this it is necessary that coins can be recognized automatically. In this paper we have developed an ANN (Artificial Neural Network) based Automated Coin Recognition System for the recognition of Indian Coins of denomination Rs. 1, 2, 5 and 10 with rotation invariance. We have taken images from both sides of coin. So this system is capable of recognizing coins from both sides. Features are extracted from images using techniques of Hough Transformation, Pattern Averaging etc. Then, the extracted features are passed as input to a trained Neural Network. 97.74% recognition rate has been achieved during the experiments i.e. only 2.26% miss recognition, which is quite encouraging.
Coins are frequently used in everyday life at various places like in banks, grocery stores, supermarkets, automated weighing machines, vending machines etc. So, there is a basic need to automate the counting and sorting of coins. For this machines need to recognize the coins very fast and accurately, as further transaction processing depends on this recognition. Three types of systems are available in the market: Mechanical method based systems, Electromagnetic method based systems and Image processing based systems. This paper presents an overview of available systems and techniques based on image processing to recognize ancient and modern coins.