Augusta Precious Metals Review 2025 : Ratings, Fees, Pros, Cons & More
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Augusta Preciuos Metals like other best gold IRA companies, is a Gold IRA Provider with Deep Experience & Dedicated Service.
When hearing about investment opportunities, most people think about investing in stocks or real estate. But have you ever heard of investing in precious metals?
If not, you may want to consider taking a hard look at Augusta Precious Metals. The market value of precious metal commodities is valued at $182.1 billion globally, and it is expected to grow at a compound annual growth rate of 9% over the next five years.
Now that I have your attention, adding precious metals to your retirement plan doesn’t sound like a bad idea, does it? Keep reading for an in-depth Augusta Precious Metals review.
Augusta Precious Metals Review:Â All You Need to Know
Founded in 2012, August Precious Metals is a knowledgeable team of gold and silver professionals who long to ensure you have a solid retirement plan by purchasing physical gold and silver. They set out to help you set up and manage a gold or silver IRA, build your account, increase your holdings, and create a legacy for your family.
When you purchase precious metals, you are often left to your own devices. It’s essential to know which are the best gold IRA companies to invest in. After all, this is your investment and your future.Â
Augusta Precious Metals stands out from the rest. Once you purchase a gold or silver IRA with them, they stick with you for the life of your account. From there, they ensure you are well-educated about the gold and silver market, giving you peace of mind about your investment.   Â
Services Offered by Augusta Precious MetalsÂ
Bound to please any investor, Augusta Precious Metals offers a variety of services. From cash purchases of gold and silver to investments in gold or silver IRAs, Augusta has options for you.
Physical Gold and Silver Shipped to Your Door
Augusta offers exquisite physical silver and gold coins, bars, and bullion available for cash purchases. Augusta Precious Metals not only offers gold and silver IRAs (as mentioned above) but also allows customers to benefit from having physical gold and silver pieces in their homes.
Delivery is private and secure, and shipping is free!
One of the benefits of having an at-home stash of precious metals is that you can manage your own assets, store them however you deem fit, and avoid banks and paper trails. Also, having your own stash of precious metals in your lock box or safe allows you to not only diversify your retirement savings but also hedge against inflation and other economic issues.
Physical Gold and Silver IRAÂ
Augusta understands that standard retirement accounts suffer when economic losses happen. This is why they offer a better solution. The 1997 Taxpayer Relief Act allows investors to buy gold and silver in the form of an IRA. What the passing of this Taxpayer Relief Act means to you is you can diversify your retirement accounts and have better control over your retirement savings.
Augusta Precious Metals makes it super easy to get started. First, you create your new IRA account. Next, you fund the account with your existing retirement. Then, you choose gold or silver to add to the account. Augusta will assist you every step of the way.
Lifetime SupportÂ
With Augusta’s team of professionals, you’ll never have to worry about how to take the next step. They make it very clear they are there for you for the entire life of your account. You can count on always having a point of contact to help you manage your gold and silver IRA.
Augusta’s professionals are not only knowledgeable in the gold and silver industry but are there to educate you about the current economic situation, help you manage your IRA, and answer any questions you have along the way. Service is their top priority.
Augusta Precious Metals LeadershipÂ
Of course, employing a team of top-notch gold and silver professionals couldn’t happen without a top-notch leadership team. Meet the Augusta Precious Metals leadership team.
Isaac NurianiÂ
Isaac spent years of his life looking after the financial needs of senior citizens. However, he soon realized that many were lacking the knowledge required to successfully diversify their retirement savings and how they are affected by economic policies.
He decided it was time for a new mission: to educate the public about these economic policies and teach them how to diversify their savings through the advocating of gold and silver IRAs – a retirement plan with the individual in mind.
As the CEO of Augusta Precious Metals, Issac is keen on strict ethical standards and is a member of Ethics.com. Issac received his economics degree from the University of California, Los Angeles, and is also a member of the Industry Council for Tangible Assets (ICTA).
Devlyn SteeleÂ
Devlin landed the role of Augusta Precious Metals Director of Education after spending 30 years in the economic and financial services industry. His current role as director of education is as a leader of one of the most financially savvy educational teams around. His mission is to educate Americans about investing in alternative assets to diversify their savings.
Impressively, Devlyn accurately predicted the economic decline of 2008 and the surge in gold and silver prices that followed. Not only is Devlyn a current member of the business analytics team at Harvard Business School, but his incredible insights about the economy also puts him in a prime position to educate the public.
And he does so through web conferences. Joe Montana, now an ambassador for Augusta, is one of the customers who learned about Augusta Precious Metals through Devlyn’s web conferences. But he’s not the only one. These web conferences attract many successful, wealthy customers.
Howard SmithÂ
Thoroughly impressed by Augusta’s mission to help customers diversify their savings through education, Howard joined the team in 2018. As a graduate of the University of Toronto and a certified CPA, he has seen firsthand how economic convulsions in the capital markets and banking sectors can affect retirement savings.
Howard’s expertise in risk management proves to be an asset for reaching Augusta’s financial goals. Yet, he is also committed to educating the public. Howard finds joy in helping customers understand the risks involved in retirement savings.
Why Own a Precious Metals IRA?
One of the best reasons to own a gold or silver IRA is it creates a hedge against inflation. By owning physical, tangible coins, bars, and bullion, you diversify your savings, and the value of the metal is often unrelated to other assets. You are sure to see your assets grow when you own an IRA complete with precious metals.
The value of such retirement savings grows on a tax-deferred or a tax-free basis, such as with a Roth IRA. Owning a gold or silver IRA makes it possible for you to make your own purchases and bypass portfolio management fees.
Historically, gold has been a huge asset and has proven to be as strong as that during times of economic and geopolitical stress. Gold and silver also perform well during volatile economic times. Precious metals tend to hold their value no matter how bad the economy performs.
And the tax advantages? Gold and silver IRAs have the same rules and tax benefits that apply to other IRAs. This means that your gold or silver IRA not only holds its value but also benefits your retirement financial situation.
Augusta Precious Metals Fees and Account Minimums
Augusta Precious Metals has a minimum order of $50,000 for cash non-IRA purchases and $50,000 for IRA purchases. The minimums can be met by purchasing any combination of the items you choose. And Augusta does not limit the maximum size of your order.
The minimum order price is steep, making Augusta difficult for some to start their gold and silver IRA with them. Other precious metals IRA companies offer lower minimums and also offer palladium and platinum metals.Â
Once you confirm your order, both bullion and premium prices lock-in. There are no commission fees, and there are no management fees since you are considered the manager of your IRA. This is what is called a self-directed IRA. However, you do pay for depository storage fees and the custodian account setup.
Also, Augusta Precious Metals does cover your shipping and liability insurance costs for your precious metals, that is, until they are safely delivered to your IRA storage location.
Your purchases are subject to a spread, though. If you aren’t familiar with spread, it means that the asking price of the asset is different than the bidding price of the asset. A high spread means higher risk and that you’re probably early to invest. The spread for common bullion products is 5% and 33% for premium products.
Here are some other fees you should be aware of.
Minimum Investment | $50,000 |
IRA Setup Fees (One Time) | $50 (covered by Augusta)* |
Custodian Maintenance Fees (Annual) | $100 (covered by Augusta)* |
Storage Fees (Annual) | $100 (covered by Augusta)* |
Upfront Fees
Custodian application fee: $50
Annual custodian fee: $100
Storage fee: $100
Recurring Annual Fees
Custodian maintenance fee: $100
Storage facility fee: $100
Gold IRA Storage Facilities
Augusta has secured storage with Delaware Depository. They also offers clients IRA storage solutions around the U.S., in:
If you want to pay a visit to one of Augusta’s gold storage facilities, your custodian will take care of it.
What Makes Augusta Precious Metals Unique?
Augusta Precious Metals prides itself on the education of its customers. Their salespeople do not receive a commission, and there are no management fees. Also, they have an A+ rating with the Better Business Bureau and a AAA rating with the Business consumer alliance.
Their customer service is incredible, and customer management is top-notch. It is obvious that this company is more than just a sales pitch. They want you to understand the importance of gold and silver investing. In addition, they are there for you even after you have completed the transaction.
Not only do they strive to educate the public, but Augusta Precious Metals agents are also kept in the know through ongoing training that dives deep into the precious metals industry.
Augusta Precious Metals looks out for you, the consumer, not banks or political agencies. They do everything they can to ensure your retirement fund is protected. And they offer a price match guarantee!Â
Augusta Works With Your Custodian
Augusta Precious Metals works as a liaison between you and your custodian, though they do not stop you from contacting your custodian. They have pre-selected custodians to help assist with your IRA. Their top choice is Equity Trust.Â
Setting Up Your Gold or Silver IRA Account
Setting up a self-directed IRA account with Augusta Precious Metals is simple. In fact, they do most of the work for you. Once you are connected with Augusta’s IRA processing team, you will first work together to open your IRA account.
Augusta helps investors set up their new Precious Metals IRAs as well as help them rollover existing retirement accounts into Precious Metals IRAs. Augusta’s agents are experienced and knowledgeable professionals. Each Augusta’s client is assigned a dedicated agent for the lifetime of the account.
Once you are connected with Augusta’s agent, they help you setting up your Precious Metals IRAs.
Augusta Precious Metals has dedicated departments with experienced and knowledgeable professionals that streamline setting up Precious Metals IRAs. Each client is assigned a dedicated agent.
Here are simple steps to setting up a gold or silver IRA with Augusta Precious Metals:
#1. Customer Signup
To get started with Augusta Precious Metals, you need to request a free investment guide through Augusta’s contact form, or via their chat. You will be contacted by an assigned customer success agent who will set up an appointment for you with Augusta’s education team.
From here, you will learn more about the economy and how to diversify your portfolio with precious metals. Then, you will be connected to Augusta’s IRA processing team to walk you through the process of setting up your gold or silver IRA.
#2. Open an IRA
Augusta’s customer success agent will walk you through the gold and silver IRA paperwork, completing most of it for you. Next, you want to fund your account.Â
#3. Fund the account
Augusta offers you the option to roll an existing 401(k), IRA, or another retirement account to fund your new self-directed gold or silver IRA account. Augusta’s support team will then initiate the money transfer process.
#4. Buy Precious Metals (Gold or Silver):
Finally, you choose which gold or silver IRA you want to buy. After you have purchased your precious metals for your IRA through Augusta, they send your gold or silver to the Delaware depository or another secure location that they have connections with throughout the country.
Augusta makes purchasing your gold or silver easy. You simply choose the gold or silver pieces you would like to buy, the order will be prepared, and Augusta’s confirmation department will confirm your purchase with you.
What Coins Are Available With a Precious Metals IRA?Â
Augusta Precious Metals provides gold and silver coins, bars, and bullion for their precious metals IRA. Gold coins and bars are 99.5% pure with one exception. The American gold eagle coin is 91.67% pure. All silver coins and bars are 99.9% pure.
Gold
Gold American Eagles
The American Eagles gold coin comes in mint dates from 1986 to the present. The gold content is one ounce, and the coin weighs in at 1.0909 ounces. It contains 91.67% gold, 3% silver, and 5.33% copper. The coin’s diameter is 1.287 inches, or 32.7 mm, and its thickness is 0.113 inches, or 2.87 mm.
Gold American Eagle Proofs
The mint dates on the gold American Eagle Proof are 1986 to the present. Its gold content is 1 ounce, and its weight is 1.0909 ounces. Just like the gold American Eagles, the American Eagle Proof’s composition is 91.67% gold, 3% silver, and 5.33% copper.
Gold Canadian Maple Leaf
The gold Canadian Maple Leaf contains one troy ounce of gold with a gross weight of one troy ounce. The face value of this coin is $50. The coin’s diameter is 1.181 inches, or 30 mm, and it has a thickness of 0.107 inches, or 2.73 mm. The mint dates are 1979 to the present, and there is no mint mark shown.
Gold Canadian Eagle
The gold Canadian Eagle is a 2017 Royal Canadian mint weighing in at 0.25 ounces .9999 fine gold. The Canadian Eagle is an Augusta Precious Metals exclusive. This beautiful coin comes in uncirculated condition, and only 7,506 were minted.
The face value of this Canadian coin is $10 Canadian dollars. Its diameter is 20 mm, and it has a bullion/radial finish with a serrated edge. The coin design comes from artist Claudio D’Angelo.
Gold American Buffalo
This gold American Buffalo coin has a gold content of one troy ounce and a gross weight of one ounce. It contains 99.99% gold. The mint dates for this coin are between 2006 and the present. Its diameter is 1.287 inches, or 32.70 mm, and it is 0.116 inches, or 2.95 mm, thick.
Gold Australian Striped Marlin
The stunning gold Australian Striped Marlin coin is 0.25 troy ounces of 99.99% pure gold. The coin weighs in at 7.777 g. It has a maximum diameter of 20.6 mm and a maximum thickness of 2.3 mm.
Silver
Canadian Silver Soaring Eagle
The 2020 Royal Canadian Silver Soaring Eagle mint has a face value of $8 (CAD). This coin features radial lines and a serrated edge, and its design comes from artist Julius Csotonyi. It weighs in at 39.03 g and has a diameter of 38 mm. The mint date, of course, is 2020, and it has a Maple Leaf engraved on it for additional security.
Only 121,600 of these coins were minted.
Canadian Silver Eagle with Nest
The 2019 Canadian Silver Eagle with Nest Royal Mint coin is a hot commodity at Augusta precious metals. It contains 99.99% of pure silver. It weighs in at 38.88 g and has a diameter of 38 mm.
The face value of this coin is $8 (CAD), and it features radial lines and serrated edges. The artist of this coin is Claudio D’Angelo. There’s a Maple Leaf added for additional security.
Only 97,000 of these coins were minted.
American Silver Eagle
The American Silver Eagle coin featuring Lady Liberty herself is a one-ounce silver coin comprised of 99.93% silver and 0.07% copper. The diameter of this coin is 1.598 inches, or 40.6 mm, and its thickness is 2.98 mm. The mint dates are from 1986 to the present.
Canadian Silver Maple Leaf
The Canadian Silver Maple Leaf coin falls just short of an ounce at 0.9999 ounces. The gross weight is 31.1 g, and it contains 99.99% silver. The diameter is 37.97 mm, and it is 3.18 mm thick. The dates of mint for this beauty are 1988 to the present.
While Augusta Precious Metals offers several options for gold and silver coins, bullion, and bars, the options are limited compared to other precious metal companies we’ve reviewed. Limited inventory is one of the only drawbacks of investing with Augusta.
Augusta’s Buyback Policies
Augusta Precious Metals can’t guarantee a buyback but Augusta gnerally pays fair and competitive prices for buybacks, getting cash to your bank account or IRA. With this Augusta Precious Metals ensures that you will always have a buyer on hand if needed. Many gold and silver investors choose Augusta for their competitive buyback pricing.
Shipping and Transit PoliciesÂ
Augusta Precious Metals ships IRA precious metals to one of its secure depositories within the United States. If you purchased a cash order, your order will be shipped straight to your door, provided you like anywhere in the United States. Orders are shipped by Express Mail via the United States Postal Service (USPS), Registered Insured, or Federal Express. Brinks Armored will be used to ship larger orders.
All of Augusta’s packages are carefully and discretely wrapped. No one, not even the delivery person, has any idea of what the contents of the package are. Orders normally ship seven to ten business days after your order is confirmed.
Also, each package is fully insured, and it will require a signature upon delivery. Once you receive your package, or they deliver it to a secure depository, you take full responsibility for your precious metals.
Augusta Precious Metals Reviews
Augusta Precious Metals has positive customer reviews based on their service, dependability, and ethical business practices.
Name | Logo | Review Score |
---|---|---|
Better Business Bureau | With A+ rating, 4.86 stars out of 5. | |
Business Consumer Alliance Inc. | With AAA rating, It has 5 stars (based on 94 reviews). | |
TrustLink | 4.9 stars out of 5 (based on 283 reviews). | |
Google Reviews | 4.9 stars out of 5 (based on 270 reviews). | |
ConsumerAffairs | 4.7 stars out of 5 (based on 38 reviews). |
Better Business Bureau
Better Business Bureau (BBB) rated Goldco Precious Metals an A+ rating with 4.86 stars out of 5.
The Better Business Bureau (BBB) is the # 1 resource, if anyone wants to find out more about the reputation of any company.
Business Consumer Alliance Inc.
Business Consumer Alliance rates Goldco an AAA rating with a full five stars. It has 94 reviews.
TrustLink
Trustlink have over 283 reviews of Goldco and give them a 4.9 star rating.
Google Reviews
The 270 Google reviews total 4.9 stars out of 5. You can read the individual reviews and see responses from Augusta to them.
ConsumerAffairs
At consumneraffairs.com they have a score of 4.7/5 from 38 customer reviews as of 27th July 2022
Augusta Precious Metals Pros and Cons
With outstanding ratings and glowing reviews, Augusta Precious Metals has earned its place in the gold and silver industry. Yet, let’s take a look at the pros and cons.
Cons
Augusta Precious Metals vs. Competitors
Goldco
- Annual Fee: $175-$225
- Minimum Investment: $25,000
- Promotion: 5% back on metals over $50k
Birch Gold
- Annual Fee: $180
- Minimum Investment: $10,000
- Promotion: 1st year fees waived (over $50k accounts)
It’s Time to Diversify
Now that you have learned about Augusta Precious Metals, their mission, and how to get started, it’s time to take a long, hard look at your retirement investments. Are they lacking in some way? Has economic upheaval driven your IRA accounts down to a new low?Â
It’s time to make a change, or at least add a little diversity to your retirement savings plan. This guide to Augusta Precious Metals has provided you with a lot of information.
The next step is yours. Contact Augusta Precious Metals today to get started on investing in a gold or silver IRA account.
Contact Augusta Precious Metals
8484 Wilshire Blvd, Ste 515,
Beverly Hills, California, 90211, United States
Phone: (800) 700-1008
FAQ’s
How to Start Investing With Augusta Precious Metals?
Setting up a gold or silver IRA with Augusta Precious Metals involves 4 easy setps:
#1. Customer Signup: Request a free GOLD IRA Guide through Augusta’s contact form. A customer success agent will contact you and set up an appointment with Augusta’s education team.
#2. Open an IRA: Augusta’s customer success agent will walk you through the gold and silver IRA paperwork, completing most of it for you.
#3. Fund the account:Â You can roll an existing 401(k), IRA, or another retirement account to fund your new self-directed gold or silver IRA account.
#4. Buy Precious Metals:Â Once your purchase your precious metals for your IRA through Augusta, they ship them to one of their secure storage location such as Delaware depository.
Is Augusta Precious Metals legit?
Yes, Augusta Precious Metals is legit. It is a reputable company which has an A+ rating from the Better Business Bureau.
Where is Augusta Precious Metals located?
Augusta Precious Metals is located at 5830 East 2nd Street, Casper, WY, US 82609.
At this time, storage facilities are available in Los Angeles, California; Salt Lake City, Utah; Jackson, Ohio; Wilmington, Delaware; New Castle, Delaware; and Springfield Gardens, New York; as well as in Mississauga, located in Ontario, Canada.
Who is Augusta Precious Metals best for?
Augusta Precious Metals is best for retirement investors who wants to diversify their retirement accounts and have better control over their retirement savings and who have at least $50,000 for an initial investment.
How much can I earn by investing in an Augusta Precious Metals gold IRA?
As with all investments, the amount of money you can earn from investing in an Augusta Precious Metals gold IRA will depend on a number of factors, including the current market value of gold, the amount of gold you have invested, etc.,
However, if you are looking to invest in an Augusta Precious Metals gold IRA as a way to secure your financial future, you can rest assured knowing that you are investing in one of the most stable commodities in the world. Gold has always been regarded as a safe haven investment, and its value has only increased over time. In fact, gold is currently near an all-time high, making it an excellent time to invest.
Investing in an Augusta Precious Metals gold IRA is part of a diversified portfolio as a hedge against inflation.
Which types of investment accounts can I roll over into a gold IRA?
You can rollover a portion of funds from your traditional IRA, Roth IRA, 401(k) or 403(b) to your gold and silver IRA. That’s commonly how gold IRAs are funded.
Is there a buyback program?
Augusta Precious Metals can’t promise a buyback, but the company generally pays reasonable and competitive buyback prices, allowing you to withdraw cash from your bank account or IRA.
Does opening a precious metals IRA require lots of complicated paperwork?
Yes, opening a precious metals IRA typically entails a lot of paperwork, but Augusta Precious Metals takes care of most of it.
Where will my IRA’s precious metals be stored?What is FAQ?
Augusta Preciuos Metals usually recommend you to use their preferred storage facility which is in Delaware.
How do I talk to an Augusta precious metals representative?
If you are new to Augusta then you can call 800-700-1008. Current customers can call 855-909-0082.
Note: Augusta’s business hours are 6 a.m. to 5 p.m. Pacific Standard Time.
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