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Gold ATM's in the USA

CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭
in Precious Metals
I mentioned these a while back about them over seas and was wondering when they would show in the US, well here is one.GOLD ATM. I wonder what mark up they are charging. Anyone here in Vegas that could go to the Golden Nugett to check it out and let us know.
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Comments

  • oilstates2003oilstates2003 Posts: 493
    Will be at the Golden Nugget first of the year ... Plan on checking it out .. I am sure someone local can let you know sooner..
    Jamie
    It's not the amount of money you spend.... It's the enjoyment you get spending it..


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  • CiccioCiccio Posts: 1,405 ✭
    Morgantype wrote a report a while back. You can find it at the address below (cannot link it with my iphone).
    The mark up is higher than the usual distribution channels, though you get the fancy box! image

    http://forums.collectors.com/messageview.cfm?catid=42&threadid=805930&highlight_key=y&keyword1=atm
  • VikingDudeVikingDude Posts: 1,342 ✭✭✭
    Link
  • morgantypemorgantype Posts: 456
    Thank you, I was just giong to give the link.
    Many buy and sell transactions. Let's talk!
  • BearBear Posts: 18,953 ✭✭✭
    If the mark up is reasonable, Americans would be better served buying gold

    then throwing money on nonsense. Smart people in Europe have been using gold

    as a protection against the unknown terrors for centuries.
    There once was a place called
    Camelotimage
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭
    I had not seen his link, I thought it was pretty cool actually seeing a pic of the machine. I think the silver would do great at a Walmart, I wonder if you can link the machines on a wireless network to update the prices, with actual spot changes.
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  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    Just found this on YouTube, in case you wanna see what they look like!

    First U.S. Gold ATM in Florida

    (edited to fix link)
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10 • FOR SALE

    image
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    Consider the premiums over melt that they charge, you can do better elsewhere.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,790 ✭✭✭✭✭
    smash and grab thefts will probably be on the rise.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>smash and grab thefts will probably be on the rise. >>



    I bet these vending machine are build like vaults and I bet they are located in very public areas with security cameras and alarm systems.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    I wonder how many, if any, machines are now located in the US, since this machine was installed in 2010.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • nibannynibanny Posts: 2,761 ✭


    << <i>I wonder how many, if any, machines are now located in the US, since this machine was installed in 2010. >>



    According to the website, there is one in Las Vegas, one in Atlantic City and one more (under way) in New York.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • johnny9434johnny9434 Posts: 28,303 ✭✭✭✭✭


    << <i>smash and grab thefts will probably be on the rise. >>

    but of course image
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    I will check it out
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
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