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Gold to Go is a product brand made by the TG Gold-Super-Markt corporation designed to dispense items made of pure gold from automated banking vending machines. The vending machines update their prices to market value every ten minutes over an internet connection.
The concept was developed by Thomas Geissler, who has previously created an online platform for trading precious metals. He stated that his initial inspiration was observing the "seemingly endless" line of traditional toiletries vending machines at airports and train stations, and during his search for advertising models for an online marketplace.
The vending machines are covered in gold leaf , and include a touch screen , cash and credit card slots, and a lighted display showcase.
Users must scan identification for purchases exceeding Euro, and any single user may only access the system three times in one day before an enforced hour break to prevent money laundering.
Gold bars made of carat gold are sold in 1, 5, and 10 gram sizes. From Wikipedia, the free encyclopedia. Retrieved 19 December Grab a Sack of Quarters First". The New York Times. Retrieved 14 May Gold Bullion Vending Machines.