Augusta Precious Metals
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Augusta Precious Metals Pros and Cons

An Expert Analysis of Their Services and Offerings

Augusta Precious Metals is a gold IRA provider that allows individuals to invest in gold and silver coins for their retirement. The company was founded in 2012 by CEO Isaac Nuriani and has since become a prominent player in the precious metals industry. Augusta Precious Metals is known for its commitment to transparency, simplicity, and top-notch service, offering IRA-compliant precious metals, direct purchase of gold and silver products, gold storage in an IRS-compliant depository, and account lifetime support from professionals.

A calculator, coins, and papers with a calculator.

One of the standout features of Augusta Precious Metals is its dedication to educating its customers. The company offers a private 1:1 web conference to educate customers before they invest. Additionally, Augusta Precious Metals helps customers with the paperwork required to open a gold IRA account and provides a dedicated agent and account lifetime support from professionals. Augusta Precious Metals also offers buybacks and has an A+ rating with the Better Business Bureau.

However, it’s worth noting that Augusta Precious Metals has a higher minimum investment requirement than many of its competitors, with a minimum of $50,000 to open a gold IRA account. Furthermore, the company does not display gold pricing on its website.

What Makes Augusta Precious Metals Stand Out

When looking for a gold IRA company, it’s important to find one that you can trust with your financial future. Augusta Precious Metals stands out from the competition for several reasons. Here are some of the key features that make Augusta Precious Metals a top choice for investors.

1. Education Comes First

Augusta Precious Metals takes a unique approach to precious metals investing by prioritizing customer education over sales. Before signing up, customers are given a private video conference to learn about investing in gold, the precious metals market, and scams to avoid. The company’s Director of Education, Devlyn Steele, leads these webinars and is a member of Harvard Business School’s analytics program. The goal is to inform customers so they can make the best decision for their needs. Augusta Precious Metals is not an advisor, so they will not be giving you investment advice or making any investing decisions for you. Customers have full control. There’s never any pressure to open an account, so if you’re still on the fence, take your time to learn about gold IRAs first with no obligation.

2. Account Lifetime Support

Once you’re an Augusta Precious Metals customer, you get lifetime support from their entire team of gold professionals. You get a dedicated agent, who’ll be your go-to person for whatever needs you may have. They’ll connect you to other specialists who’ll help with education about gold and market updates, adding more gold to your IRA, managing distributions during retirement, building a legacy for your family, and selling back your precious metals. Augusta Precious Metals doesn’t just sell you gold and then leave you on your own. They’re by your side through your entire precious metals investment journey.

3. Easy Account Setup

Augusta Precious Metals makes it super easy to open a gold IRA account. They’ll even do 95% of the paperwork with you, so it’s as little work for you as possible. If you have an existing retirement account, they’ll help you rollover funds from your Traditional IRA, Roth IRA, 401(k), or 403(b). They’ll also communicate with your new custodian. Here’s what to expect with Augusta Precious Metals:

  • Start with a free web conference to learn about gold IRAs.
  • When ready, open & fund your self-directed IRA account (Augusta will help you with this)
  • Choose coins from a list of IRA-compliant coins.
  • Augusta will send your metals to the depository you choose.
  • Contact your personal Augusta agent any time you need help.

Don’t worry if you know nothing about IRA paperwork or purchasing gold. Augusta holds your hand through the entire investment process.

Free Gold IRA Web Conference

Augusta Precious Metals offers a free 1-on-1 web conference designed by an on-staff, Harvard-trained economist. The lifetime support even after your purchase makes it a great deal. It’s also worth noting that it’s endorsed by Joe Montana, Hall of Fame Quarterback.

4. Excellent Customer Reviews

Augusta Precious Metals has an outstanding reputation, averaging 4.94 out of 5 stars based on over 1,030 customer reviews. It’s one of the only gold IRA companies with almost exclusively good reviews. It has no 1-star reviews. Customers say that the Augusta Precious Metals team made them feel valued and never pressured them to buy. The agents go above and beyond to answer questions and guide them through the process. Customers also really enjoyed their one-on-one webinar. They say it was very informative to help them decide if a precious metals IRA is right for them.

Minimum, Pricing, and Fees

Augusta Precious Metals has a $50,000 account minimum, which is higher than other gold IRA competitors. However, if you’re rolling over funds from a 401k or IRA, $50k is probably not a big deal. Augusta Precious Metals’ account fees are:

  • One-time set-up fee: $50
  • Annual custodian fee: $100
  • Annual depository fee: $100

In total, you’ll pay $250 for the first year. After that, the fee is $200 each year. There are no hidden management fees, shipping fees, or insurance fees. Augusta Precious Metals also charges a margin when you purchase precious metals. The margin is different for each product. Their markup for Common Bullion Products is pretty standard to what you’d find with most gold IRA companies. Overall, Augusta Precious Metals’ fees are similar to or even lower than their competitors.

In summary, Augusta Precious Metals stands out from the competition by prioritizing customer education, offering lifetime support, making account setup easy, providing a free 1-on-1 web conference, and receiving outstanding customer reviews. While their account minimum is higher than other gold IRA competitors, their fees

Golden coins are set with various types of coins, showcasing wealth and diversity in currency.

What Products and Services Does Augusta Precious Metals Offer?

Augusta Precious Metals is a reputable precious metals IRA provider that offers a range of products and services to help investors diversify their portfolios. Here are some of the products and services that Augusta Precious Metals offers.

Physical Gold & Silver IRA

Augusta Precious Metals offers a physical gold and silver IRA that allows investors to invest in gold and silver as a part of their tax-advantaged retirement account. The self-directed IRA allows investors with over $50,000 to invest in gold and silver, giving them complete control over what they want to invest in. The account is managed by the investor, which means there are no management fees. However, investors do pay an annual custodial fee and storage fee. Augusta Precious Metals’ preferred custodian is Equity Trust, which has almost 50 years of experience serving customers in all 50 states and holding over $39 billion in assets. Augusta Precious Metals serves as a liaison to Equity Trust, and investors have access to them anytime they want.

Which Storage Does Augusta Use?

Augusta Precious Metals allows investors to choose from a list of secure, IRS-compliant depositories for their storage needs. Its recommended depository is the Delaware Depository, which is the exchange-approved depository for CME (Chicago Mercantile Exchange) and ICE (Intercontinental Exchange). In addition to the depository’s physical security, investors’ gold and silver are protected by $1 billion all-risk insurance provided by London underwriters. Augusta Precious Metals also has storage facilities around the US, which include Los Angeles, California, New York, NY, Salt Lake City, Utah, Las Vegas, Nevada, Dallas, Texas, Shiner, Texas, Wilmington, Delaware, New Castle, Delaware, Nampa, Idaho, South Fargo, North Dakota, and Bridgewater, Massachusetts. Investors can even visit their storage facility to see their metals in person, and their custodians can arrange those visits.

What Coins Does Augusta Offer?

Augusta Precious Metals offers a range of IRA-Eligible coins and bullion, including American Gold Eagles, American Gold Eagle Proofs, Canadian Maple Leaves, Gold Canadian Eagles, Gold American Buffalo, Gold Australian Striped Marlin, American Silver Eagles, Canadian Silver Eagles, Canadian Silver Maple Leaf, and more. Per regulations, all gold coins in a precious metals IRA must be 99.5% pure (the exception is the American Gold Eagle coin, which is 91.67% pure). Silver coins in an IRA must be 99.9% pure. Current pricing isn’t listed, so investors will need to call Augusta Precious Metals to learn more. In addition to buying gold and silver for their IRA, investors can also purchase gold and silver bullion directly to store at home. Augusta Precious Metals offers a range of options, such as Gold American Eagle BU (1 oz, .5 oz, .25 oz, .10 oz), Gold American Buffalo (1 oz BU), South African Gold Krugerrand (1 oz), Gold Bar (10 oz), Gold Bar (1 oz), American Eagle Silver (1 oz), Silver Bar (100 oz), Silver Bar (10 oz), and more.

Gold Buyback

Augusta Precious Metals can’t guarantee that they will always buy back investors’ gold. However, they have never turned down a request. Investors can sell their gold on their own, but that involves finding a buyer or local gold dealer and searching for the best prices. With Augusta Precious Metals, investors can have peace of mind knowing they could buy it back at competitive prices.

Is Augusta Precious Metals Safe and Legit?

Augusta Precious Metals is a legit precious metals IRA provider that is rated A+ with the Better Business Bureau and AAA with the Business Consumer Alliance. They have average customer ratings of over 4.9 stars. They’ve partnered with Equity Trust as their custodian for their gold and silver IRAs, which hold over $39 billion in assets. Augusta Precious Metals provides secured storage with the Delaware Depository. Investors’ gold and silver are protected by a $1 billion all-risk insurance policy provided by London underwriters. Overall, Augusta Precious Metals is a safe and legitimate option for investors looking to invest in gold and silver.

Augusta Precious Metals vs. Competitors

When it comes to choosing a gold IRA company, Augusta Precious Metals is not the only player in the game. Here’s how it compares to some of its top competitors.


Goldco is a well-known gold IRA company that requires a minimum investment of $25,000. While Augusta Precious Metals has a slightly higher minimum investment of $50,000, it offers comparable fees. Goldco’s annual account service fee is $100, while Augusta Precious Metals charges $150. Goldco’s segregated storage fee is $150, while Augusta Precious Metals charges $175. However, Goldco offers 5% back in premium silver for investments over $50,000 and an additional 10% in silver for investments over $100,000.

One area where Goldco stands out is its promise to buy back gold at the highest price, giving investors more security. Overall, Augusta Precious Metals may be a better option for those looking to save on fees, while Goldco may be more appealing to those interested in taking advantage of its free silver promotion.

Free Gold IRA Kit

Free Gold IRA Kit is another gold IRA company that offers a free information kit and up to $10,000 in free silver for eligible customers. They also promise the highest buyback price and are endorsed by Sean Hannity and Chuck Norris. However, they do not disclose their fees or minimum investment requirements on their website.

Birch Gold Group

Birch Gold Group has a lower minimum investment requirement of $10,000 and an annual fee of $225. They also waive fees for the first year for accounts over $50,000. Birch Gold Group assigns a dedicated specialist to each account holder for personalized advice throughout the life of the account. Augusta Precious Metals, on the other hand, requires a minimum investment of $50,000 and charges an annual account service fee of $150.

Noble Gold

Noble Gold Investments requires a minimum investment of $20,000 and charges a setup fee of $80. Their annual fee is $230 after the first year. They take security and trust seriously and even provide photo proof of gold in the depository for free. They also have a “no hard sell” policy and a “no-questions-asked” buy-back program. Noble Gold may be a good alternative to Augusta Precious Metals for those who don’t want to invest $50,000 in gold right away.

Augusta Precious Metals FAQs

For those interested in Augusta Precious Metals, here are some frequently asked questions:

Who is Augusta Precious Metals best for?
Augusta Precious Metals is best for retirement investors interested in preserving their wealth and diversifying their savings. And who wants to invest at least $50,000 into gold?

How long has Augusta Precious Metals been in business?
Augusta Precious Metals has been in business since January 2012. It was founded by CEO Isaac Nuriani, whose family has a long history in precious metals. He is a member of and the Industry Council for Tangible Assets.

Can I roll over my 401(k) or IRA to Augusta Precious Metals?
Yes, you can move funds (either all or a portion) from your existing 401(k), 403(b), Traditional IRA, or Roth IRA to Augusta Precious Metals. They will even help you with the rollover paperwork.

How do I liquidate my gold IRA?
You can take distributions as either physical metals or as cash. If you want the physical gold, you can request shipment directly to you or coordinate with your custodian to pick it up at your depository.

Bottom Line

Augusta Precious Metals is a reputable gold IRA company that stands out for its exceptional customer service, comprehensive educational resources, and overwhelmingly positive reviews. While its minimum investment requirement of $50,000 may be a downside for some investors, its fees are comparable to other gold IRA providers. Ultimately, the choice of gold IRA company will depend on individual needs and preferences.