Diane C. Lade
Chicago Sun Sentinel
December 18, 2010
What’s being billed as the first gold-dispensing ATM in the nation opened for business Friday at the Town Center in Boca Raton, spitting out an after-dinner-mint-sized gold bullion into the palm of its first customer.
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The “Gold to go” gold bullion vending machine, developed by the German company Ex Oriente Lux AG, was brought to the states by PMX Gold LLC, a South Florida business that buys and sells lease purchase options on gold mines. Twenty “Gold to go” ATMs already are operating in malls, hotels and airports in Europe and the United Arab Emirates.
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The first one installed, at the luxury Emirates Palace Hotel in Abu Dhabi, is so popular that its inventory needs to be replenished daily, said Ex Oriente managing director Thomas Geissler. He thinks the concept will be equally successful in upscale U.S. communities like Boca. “Americans like vending machines,” he said.
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