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Back to To the Point

To the Point

Gold Replaces Greenbacks in Boca Raton ATM Machine

For high rollers in Boca Raton, Florida, there's a new way to pick up gold. It's the Gold-to-Go vending machine like the one in the Emirates Palace Hotel in Abu Dhabi. Made by the German company Ex Oriente Lux, shoppers insert cash or credit cards and use the touch-screen to choose coins or gold bars of appropriate weights.

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By Warren Olney • May 12, 2014 • 1 min read

For high rollers in Boca Raton, Florida, there's a new way to pick up gold. It's the Gold-to-Go vending machine like the one in the Emirates Palace Hotel in Abu Dhabi. Made by the German company Ex Oriente Lux, shoppers insert cash or credit cards and use the touch-screen to choose coins or gold bars of appropriate weights. At current prices, a gram is about the size of a fingernail, an ounce slightly larger than a quarter. Your choice is dispensed in a black box with a tamper-proof seal. That makes for an interesting Christmas gift at a time when many people think gold is more valuable than paper money. Ken Vogel of Politico picks up the story.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Darrell Satzman

    Producer

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

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    Frances Anderton

    architecture critic and author

  • KCRW placeholder

    Kenneth Vogel

    New York Times

    NewsNationalPolitics
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