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Gold To Go, a vending machine with Midas touch

AS the gold price surging to new heights, a German-developed gold vending machine called Gold To Go will make its China debut in Beijing on September 23.

Gold To Go looks like a normal vending machine and dispenses gold coins and bars weighing up to 25,000 grams that costs you 1 million yuan (US$156,400) in Beijing. For safety reason, they will be placed in private banks and high-end clubs.

Zhang Yan bought two gold coins for 900 yuan, one weighing 2.5 grams and the other 5 grams when she visited Dubai. "Even the machine itself is gilded in gold," She said.

Zhang said it would be better if these gold coins or bars were engraved with the icon of Beijing's Tian'anmen Tower. "I bought these two coins as a souvenir, but I may buy small gold bars in Beijing."

Gold To Go was developed by Thomas Geissler, the boss of TG Gold Super Market. He is optimistic about his invention because "no one denies owning gold during hard times."



 

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