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HomeBullion & Precious MetalsStack's Bowers Galleries Unveils Gold-Dispensing ATM Machine

Stack’s Bowers Galleries Unveils Gold-Dispensing ATM Machine

Only the Second of its Kind in North America

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Stack’s Bowers Galleries, leading retailer and auctioneer of premium collectible coins, currency and precious metals, and division of Spectrum Group International, Inc. (SPGZ.PK), tomorrow will unveil its first GOLD to go™ ATM machine at the Golden Nugget Casino in Atlantic City, N.J. The world famous hotel and casino is the second location in North America with a permanent installation of a GOLD to go™ ATM, with the first located at the Golden Nugget’s Las Vegas property. The April 26 launch of the Stack’s Bowers Galleries GOLD to go™ ATM machine will take place during the Golden Nugget Atlantic City’s Grand Opening Kick-off Weekend.

The GOLD to go™ ATM updates its prices every 60 seconds based on current precious metals spot prices. Stack’s Bowers Galleries will offer a variety of gold and silver bar and coin products with various weights ranging from 5 grams to 1 troy ounce. Every product is quality certified and produced by recognized manufacturers and world mints, and each item is dispensed in a premium and elegant gift box. The machine itself makes a stunning visual statement, covered in 24 karat gold leaf. There are more than 30 GOLD to go™ ATM machines currently in operation, including 21 in Germany, as well as United Arab Emirates, Italy, Portugal, United Kingdom, and United States.

“Stack’s Bowers Galleries is thrilled to partner with the Golden Nugget to make this innovative machine available to the gold and silver-buying public in the U.S. As a leading dealer of precious metals with decades of experience, we are uniquely equipped to meet the growing demand for physical precious metals at fair real-time prices,” said Brian Kendrella, director of operations for Stack’s Bowers Galleries. “The Stack’s Bowers Galleries GOLD to go™ ATM is convenient and very user-friendly, and fulfills a multitude of buyer needs on different levels – from serious gold collectors to guests seeking an exclusive high-end keepsake from their visit to the famous Golden Nugget. In addition to selling, Stack’s Bowers Galleries also buys gold at competitive prices, providing full service options and hassle-free transactions.”

Stack’s Bowers Galleries will continue the North America expansion of  GOLD to go™ ATM machines with the continent’s third machine launching the first week of July 2012, during the grand reopening of its historic rare coin showroom in the heart of New York City, located on West 57th Street between 6th and 7th Avenues.

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Stack's Bowers
Stack's Bowers
Stack's Bowers Galleries conducts live, internet, and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company's 90-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block — The D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, The Sydney F. Martin Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Salton Collection, The Wa She Wong Collection, and The Thos. H. Law Collection. The company is headquartered in Costa Mesa, California with galleries in New York, Boston, and Philadelphia. Offices are also located in New Hampshire, Oklahoma, South Carolina, Virginia, Hong Kong, Paris, and Vancouver.

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