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June 17, 2009

gold vending machines in Germany


They've dispensed chocolate bars, books and even cars.
But a German company has now launched a new type of vending machine - one that dishes out gold.
A prototype Gold to Go machine was yesterday unveiled at Frankfurt Airport where it doled out a 1g wafer of gold for £30, a 10g bar for £245, or gold coins.
The products come in presentation packs with a certificate of authenticity.
A computer inside the machine is linked to the Frankfurt gold market and updates the price every few minutes according to the fluctuating price of the precious metal...
TG-Gold-Super-Markt, a company based near Stuttgart, Germany, has chosen 500 locations (including train stations and airports) with an aim to sell gold through vending machines. The only backdrop is that the price of this precious metal will be about 30 percent higher than the market price.

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