This Is Pretty Cool, Just Thought I Share This With Everyone

When are we gonna get one? LOL

Guess I should start saving up the $$$.$$ just in case I run into one of these.

That is exactly what I was thinking, you would need an armed guard to walk you out to the car after using the machine because I bet if they get popular there will be people watching machines in places waiting to rob the people using the machines. I think its cool but I would be way to paranoid to use one at a big public place like the mall

I think they dispense bars,not coins. Anyway,I wonder what % premium they charge above spot? As volatile as PM markets are,I wonder how they change prices?

Thats cool that it does that

This is a novelty.

It's in a "high end mall" (think Saks 5th Avenue/Neimann Marcus, not JC Penny/Macy's). Security isn't that big a deal, or at least it wasn't before all the media stories on this machine.

I saw several reports on it, online and on news channels, and a couple of stories on broadcast evening news programs, too.

The premiums seemed high, even for the smaller bars and rounds it was selling. Seems like my quick "in my head" math had the machine raking in $30 or $40 per piece (over spot) or so on the smallest (and most popular) bar, which was 2 grams I think.

PT Barnum might have been right.

(and yes, I realize PT Barnum never said, "There's a sucker born every minute." But the fact that so many people think he did is proof that whoever did say it was right.)

If you're going to pay for an armed guard, you might as well have a kiosk.

I'd rather meet a customer at the bank, get their cash, hand them the gold, then they can put it in their lock box or whatever, rather than walk around the mall with it.

I would probably try it once, maybe for a small birthday gift. Just for the novelty, just to say I tried it. I'd say aimed at the average shopper, someone who wouldn't normally be purchasing raw gold. I'm sure the news stories of robberies will follow, always do...