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There's a gold-dispensing ATM on west 57th street in NYC by kwagner
Started on: 06-11-2014 07:38 AM
Replies: 9 (214 views)
Last post by: Formula88 on 06-12-2014 12:37 PM
kwagner
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Report this Post06-11-2014 07:38 AM Click Here to See the Profile for kwagnerClick Here to visit kwagner's HomePageSend a Private Message to kwagnerEdit/Delete MessageReply w/QuoteDirect Link to This Post
http://www.scoutingny.com/g...on-west-57th-street/
 
quote
Run by Stack’s Bowers Galleries, the collectible coin retailer/auctioneer, the ATM (currency exchange vending machine?) allows you to insert your debit card and buy gold bars in 1 oz ($1,327), 10g ($490), or 5g ($255) on the spot, along with several gold and silver coins. Prices are updated every 60 seconds based on the market.


Thoughts? It seems like something neat to try, and as radio commercials tell me, gold will only ever go up in value!
I wonder what their cut is vs current market values. No word on whether they would buy back gold, though.
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TheDigitalAlchemist
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Report this Post06-11-2014 07:57 AM Click Here to See the Profile for TheDigitalAlchemistClick Here to visit TheDigitalAlchemist's HomePageSend a Private Message to TheDigitalAlchemistEdit/Delete MessageReply w/QuoteDirect Link to This Post
That's the ATM I use every morning, I get a 5 gram bar and spend it at Starbucks on 58th.One Grande Kerroinka, (cat poop coffee-mmmm taste the feces!)and I'm all set for the day.

They only accept gold for some reason.

MENNNNNN!
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fireboss
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Report this Post06-11-2014 11:19 PM Click Here to See the Profile for firebossSend a Private Message to firebossEdit/Delete MessageReply w/QuoteDirect Link to This Post
I like it,makes buying gold easier and even better no one knows what you have.
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Boondawg
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Report this Post06-11-2014 11:30 PM Click Here to See the Profile for BoondawgSend a Private Message to BoondawgEdit/Delete MessageReply w/QuoteDirect Link to This Post
I need a big truck and a heavy chain...
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Fats
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Report this Post06-12-2014 01:36 AM Click Here to See the Profile for FatsSend a Private Message to FatsEdit/Delete MessageReply w/QuoteDirect Link to This Post
We have a gold dispenser at the terminal, well I thought they were just Dollar coins, until I was at a truck stop and paid with 6 dollar coins, the ladies behind the counter freaked out, and were yelling that they had gold to each other. Not kidding.

Me: "Here's six dollars, keep the change." (I wasn't being nice really, it was a penny back.)

"OMG LUCENDIA*, THIS GUY JUST PAID ME IN GOLD GURL!!!"

"Oh No he didn't......(Looks at coins in cashiers hand) OMG HE DID, YOU GOT GOLD, YOU GOT GOLD!"

I turned and was already heading to the door when Lucendia* was freaking out, to tired to care, and seriously worried about our future. This was the West Memphis Pilot btw, completely true, and I only wish it was made up.

Brad

*I never saw Lucendia's nametag, and am probably spelling it wrong. Pronounced: Lucy end ee uh
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User00013170
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Report this Post06-12-2014 07:52 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Edit/Delete MessageReply w/QuoteDirect Link to This Post
I dont know if id call it an ATM, as it's more of a vending machine. You insert 'cash' you get 'stuff' out the slot. Not much different than one of those machines where you can buy worms or cell phones.

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User00013170
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Report this Post06-12-2014 07:54 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Edit/Delete MessageReply w/QuoteDirect Link to This Post

User00013170

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Originally posted by fireboss:

I like it,makes buying gold easier and even better no one knows what you have.


Transactions are filmed of course.
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ls3mach
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Report this Post06-12-2014 09:14 AM Click Here to See the Profile for ls3machSend a Private Message to ls3machEdit/Delete MessageReply w/QuoteDirect Link to This Post
If we had one around here, I'd totally buy silver and gold from it, probably a monthly basis. Silver is back under $20 and I think it will likely go into the $30s again
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Report this Post06-12-2014 09:17 AM Click Here to See the Profile for User00013170Send a Private Message to User00013170Edit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by ls3mach:

If we had one around here, I'd totally buy silver and gold from it, probably a monthly basis. Silver is back under $20 and I think it will likely go into the $30s again


Over the long haul it will only go up. And in theory, no matter what happens to governments it will still be of value.

Tho we can now transmute base metals into gold, it will never ( never? ) be as cheap as mining it.
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Formula88
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Report this Post06-12-2014 12:37 PM Click Here to See the Profile for Formula88Send a Private Message to Formula88Edit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by User00013170:


Transactions are filmed of course.


Wear a burqa.
If they try to find out what you look like under the burqa, you can kill them to protect your honor.
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