The UK’s first gold-dispensing ATM machine has been installed at Westfield shopping centre in London.
The Gold to Go hole-in-the-wall was unveiled today at London’s biggest shopping centre, where it will dispense various sizes of 24-carat gold coins and bars. The machine also updates the prices every ten minutes, keeping the profit margin in-line with the ever-changing rate of bling blocks.
Prices range from Â£40 – enough for a 1g gold bar, to just over ten grand, for a 250g bar. Try feeding that into the machine in five pound notes…
Unfortunately, we’re unlikely to see any 2-for-1 accidents in these dispensers and I wouldn’t like to speculate on the consequence of shoulder barging. There are no guards, but plenty of reinforced steel and a hi-tech alarm system.
The company pulling the strings is Ex Oriente Lux, which has already fitted similar dispensers in Germany, Italy, Spain, the US and the UAE.
I think you might need an entourage behind you, every time you collect gold. Anyone got spare Â£40 to try it out?