First gold vending machine -
"Gold to Go" sets world record
ABU DHABI, United Arab Emirates -- Thomas Geissler
of Germany, chief executive of Ex Oriente Lux, has created
to Go" machine, a machine that dispenses gold in exchange
for cash at the Emirates Palace hotel , setting the world record for the First
gold vending machine.
gold vending machine in The World spits out a range
of 24-karat gold trinkets, from bars up to one ounce in weight
and gold coins in honour of the gold-producing countries named
the Canadian Maple Leaf, the Australian Kangaroo and the South
For security, the ATM underneath its 24-karat
exterior is built of high-impact steel.
The Emirates Palace, in the capital of the United
Arab Emirates, offers rooms from $289.23 U.S. per night up
to $10,000 per night for the three-bedroom top-of-the-line
gold vending machine, which uses a computer system
to adjust its prices in accordance with international markets
every 10 minutes, was instantly popular at the hotel.