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Dublin: 12°C Tuesday 3 August 2021
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New ATM dispenses gold for cash

It was installed at a shopping centre in London and dispenses gold bars and coins. But do we need one in Ireland?

Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, holds a 10-gram bar of gold similar to the ones dispensed from the Westfield ATM
Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, holds a 10-gram bar of gold similar to the ones dispensed from the Westfield ATM
Image: Wilfredo Lee/AP/Press Association Images

TIRED OF JUST getting out boring old cash from the ATM? Want something a bit more substantial than €50 notes?

Then a German company has the answer – although we are not sure if many people in recession-struck Ireland would want to avail of it.

It’s the Gold to Go machine, which the Telegraph tells us sells gold “at constantly updated prices”.

One of the Ex Oriente Lux machines was installed at the Westfield Shopping Centre in London last Friday and sells gold in both bars and coins.

The 1g gold bar costs about £41, or €45, and you can pay with cash or card.

Do you think these ATMs would go down well in Ireland – or would they sit gathering dust?

For more information read this story in the Telegraph>

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