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

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jdnumis's Avatar
United States
101 Posts
 Posted 01/22/2011  5:48 pm Show Profile   Bookmark this topic Add jdnumis to your friends list Get a Link to this Message Number of Subscribers
I wish they would bring this to NY already.

~James
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 01/22/2011  6:56 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Awesome!
Valued Member
jdnumis's Avatar
United States
101 Posts
 Posted 01/22/2011  7:25 pm  Show Profile   Bookmark this reply Add jdnumis to your friends list Get a Link to this Reply
When are we gonna get one? LOL
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jimineez's Avatar
United States
287 Posts
 Posted 01/23/2011  4:20 pm  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
Yeah,
I'd be watching my back after that coin pops out!
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/23/2011  4:33 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
Guess I should start saving up the $$$.$$ just in case I run into one of these.
Valued Member
jdnumis's Avatar
United States
101 Posts
 Posted 01/24/2011  07:14 am  Show Profile   Bookmark this reply Add jdnumis to your friends list Get a Link to this Reply
There is supposed to be an armed guard there as well. I would definatley get one.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 01/24/2011  08:37 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
Yeah,
I'd be watching my back after that coin pops out!

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
Valued Member
jdnumis's Avatar
United States
101 Posts
 Posted 01/24/2011  08:52 am  Show Profile   Bookmark this reply Add jdnumis to your friends list Get a Link to this Reply
just arm yourself LOL
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hockingzig's Avatar
United States
1450 Posts
 Posted 02/02/2011  6:07 pm  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
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?
Valued Member
GRR's Avatar
United States
310 Posts
 Posted 02/02/2011  11:35 pm  Show Profile   Bookmark this reply Add GRR to your friends list Get a Link to this Reply
It updates every 10 mins via the internet the price. info is in the video
Valued Member
jdnumis's Avatar
United States
101 Posts
 Posted 02/03/2011  06:36 am  Show Profile   Bookmark this reply Add jdnumis to your friends list Get a Link to this Reply
Thats cool that it does that
Valued Member
vinnycoin's Avatar
Canada
442 Posts
 Posted 02/03/2011  10:37 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
very interesting.

I could see these machines carrying silver, especially if it goes alot higher.
New Member
United States
37 Posts
 Posted 02/05/2011  6:03 pm  Show Profile   Bookmark this reply Add John Galt to your friends list Get a Link to this Reply
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.)
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oblakavshtanax's Avatar
United States
757 Posts
 Posted 02/05/2011  7:30 pm  Show Profile   Bookmark this reply Add oblakavshtanax to your friends list Get a Link to this Reply
agree.

novelty mainly, with little real benefit.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 06/04/2011  03:03 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
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.
Pillar of the Community
United States
3184 Posts
 Posted 06/04/2011  2:07 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
these are neat, wish they were everywhere!
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