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In Switzerland, the gold coins play a negligible role in everyday transactions, because the paper franc is ideally suited for this purpose and well established. Nevertheless, several shops and organizations accept gold coins, especially in tourist areas. The so-called "Goldomaten" on Bahnhofstrasse in Zurich and in tourist resorts are extremely popular even with the locals. It is practical and chic to use gold coins as gifts and presents and the "Göttibazen", gold coins for nephews and grandkids in piggy banks have experienced a renaissance. Medium term all ATMs will probably be converted to issuing gold coins along with paper currencies.
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