Augusta Precious Metals Reviews & Fees 2023
If you have been keeping your ear to the ground, by now you must have realized that the global economy is going through a very turbulent period ever since emerging from the recent pandemic.
Now, more than ever, it is important for investors to make shrewd decisions regarding the safest places to invest their funds if they want to enjoy a comfortable retirement in the years to come. In that regard, opening a gold or silver IRA has emerged as a popular choice among 2023 investors.
However, those who want to diversify their retirement savings by investing in precious metals are faced with the difficult task of choosing the right custodian for their silver and gold IRAs.
There are simply too many companies that have mushroomed across the country in response to the increased demand for gold, silver, and other precious metals.
With a bit of research and due diligence, though, you can weed out many gold IRA companies that have proved unreliable and untrustworthy in the last few years until you are left with some of the best gold IRA custodians in 2023.
One such gold IRA company that has made a name for itself in the silver and gold IRA industry is Augusta Precious Metals.
With a rich history, enviable track record, and continued dedication to achieving the highest levels of excellence, Augusta Precious Metals offers lifetime support to those investors smart enough to see the company’s qualities and invest in it.
This Augusta Precious Metals review will focus on the important things that every investor needs to know before diversifying their retirement savings to gold and silver IRAs with the company.
All aspects of this giant in the precious metals industry have been analyzed comprehensively and honestly to help you make the right decision for your 2023 investment portfolio.
The top way to safeguard your retirement is to open a precious metals IRA. Check out the below providers and request a free kit.
Company | Personal Findings | Review | Free Guide | |
 | #1 Goldco | Best Overall Rating (Where I Invested) | ||
 | #2 American Hartford Gold | Best Buyback Program | ||
 | #3 Augusta Precious Metals | Most Educational ($50,000 Minimum) | ||
 | #4 Noble Gold | Best Metals Selection |
What Will I Learn?
- Key Points for the Augusta Precious Metals Review (Gold IRA)
- Augusta Precious Metals Pros and Cons
- What Is Augusta Precious Metals?
- Commitments Made by Augusta Precious Metals
- What Does Augusta Precious Metals Handle?
- Services Provided by Augusta Precious Metals
- Who Benefits From Investing With Augusta Precious Metals?
- Precious Metal Perks To Enjoy From Augusta Precious Metals
- Gold IRA Fees
- Augusta Precious Metals – Easy to Work With?
- How Safe Is the Precious Metals Storage Facility?
- Reviews, Complaints, and Ratings for Augusta Precious Metals
- Management Team at Augusta Precious Metals
- Types of Gold and Silver Options Available From Augusta Precious Metals
- What Makes Augusta Precious Metals Unique?
- FAQs on Augusta Precious Metals Review
- What Gold and Silver Types Does the Company Sell?
- Is There Transparent Pricing, Refunds, and Delivery Included by Augusta Precious Metals?
- How Long Does It Generally Take To Get the Precious Metals Delivered?
- How Are the Silver and Gold Stored for Augusta Precious Metals?
- Is It Possible To Make Withdrawals From a Precious Metals IRA?
- Is It Possible to Monitor the Performance of the Precious Metals IRAs?
- What Is Augusta Precious Metals Stock Symbol?
- FAQs for General Information Purposes About Precious Metal Investment
- Is There a Real Benefit for Purchasing Gold/Silver in an IRA?
- What Are the Reasons for Buying Gold and Silver?
- Where Can Someone Learn More About Silver and Gold?
- Is It a Get-rich-Fast Scheme?
- Is It Easy To Purchase Precious Metals From Augusta Precious Metals?
- Is Augusta Precious Metals a Reputable Firm?
- Conclusion
Key Points for the Augusta Precious Metals Review (Gold IRA)
By the end of this article, you will have a clear understanding of the kind of services Augusta Precious Metals offers. It will help you decide whether this gold IRA company is the right choice for your precious metals investments.
In this Augusta Precious Metals review, we will go through the following key points:
The pros and cons of investing in precious metals through Augusta Precious Metals
What you need to know about Augusta Precious Metals, including the company’s commitments, gold and silver IRA services, precious metal products, management fees, and more
The dedicated Augusta Precious Metals team
Storage and safety of precious metals that are part of gold and silver IRAs
How Augusta Precious Metals works and the process of setting up gold IRAs
Types of gold or silver bars and coins available at Augusta Precious Metals
The legitimacy of Augusta Precious Metals and the precious metals industry as a whole
The burning questions that you and other would-be investors have regarding opening an investment portfolio based on gold and silver bullion products
Augusta Precious Metals Pros and Cons
Whenever you are faced with a difficult decision that seems to have more than one correct answer, the best way to provide a clear picture and focus on that which is important is to look at the pros and cons of each option.
That is what we have done below regarding the products and services that Augusta Precious Metals offers to gold or silver IRA holders.
Consider the following Augusta Precious Metals pros and cons before investing in precious metals:
Pros
Offers lifetime support to all its investors
Opening a gold IRA is straightforward; Augusta Precious Metals does all the necessary paperwork
Tons of 5-star ratings and reviews on some of the best review platforms, plus an endorsement from Joe Montana
Committed to investor education
Awarded “Best Gold IRA Company – Overall” by Money Magazine
Transparent pricing and trustworthy account management
Zero fees for the first 10 years for eligible gold IRA investors
Cons
Very high minimum investment requirement of $50,000
Somewhat limited precious metals to choose from
What Is Augusta Precious Metals?
Augusta Precious Metals is a highly recommended custodian and distributor of gold and silver IRAs in the US.
However, such a brief definition hardly does justice to a company with over a decade of experience as an industry leader in precious metals investments.
Ever since the gold and silver IRA custodian was founded in 2012 in Casper, Wyoming, it has gained a worthy reputation as one of the best companies to invest in gold and silver for your individual retirement account.
Augusta Precious Metals is a reliable source of various types of gold or silver IRA products that range in size from 1/10 oz. to 100 oz.
The company offers a one-stop-shop for investors who want to diversify their retirement savings toward precious metals by offering all services related to gold IRAs at competitive pricing structures.
In an industry that, at times, seems overrun by scammers and untrustworthy gold dealers, Augusta Precious Metals is a shining example of what legitimate gold and silver IRA custodians look like.
Over the years, Augusta Precious Metals has become the favored choice for beginner investors who, above all else, seek knowledge, educational materials, and investment advice to help them start their journey in the precious metals IRA industry.
In a time when gold and silver IRAs are quickly becoming one of the last remaining havens for investors, Augusta Precious Metals offers a wealth of knowledge, experience, products, and services that make it one of the top gold IRA companies in 2023.
Commitments Made by Augusta Precious Metals
Most Augusta Precious Metals IRA reviews focus on what the company offers in terms of products and services without looking at the DNA of the company.
After all, many gold and silver IRA custodians out there offer the same service that Augusta Precious Metals offers.
If you are going to trust this gold IRA company with your hard-earned money, you have to understand what its commitments to customers are and how such a partnership will benefit you if you decide to open a gold IRA account.
The following important commitments are the three pillars on which Augusta Precious Metals stands:
Total Transparency
Is Augusta Precious Metals legit? This is one of the main questions that this Augusta Precious Metals review will answer.
Investing in precious metals, such as gold and silver coins requires total transparency regarding the following:
Augusta Precious Metals fees for gold IRA account setup and management
The process of all gold and silver purchases
Storage of all silver and gold coins that are part of precious metal IRAs
IRS licensing to distribute, transport, and store gold and silver bullion
Services the company offers to its clients
Identity and credentials of the person who owns Augusta Precious Metals
Since the gold IRA company was founded, it has made a lot of effort to keep all its dealings as transparent as possible, which has helped it gain the trust of many investors.
Customer Service
While it is not that complicated to open an account and start investing in gold and silver IRAs, the process can get difficult if you put your faith in the wrong custodian. That is why Augusta Precious Metals has always been fully committed to providing top-notch service to its clients.
It is not simply a matter of buying precious metals and calling it a day. Augusta Precious Metals provides essential services each step of the way, helping you with a wide range of services, such as opening gold IRAs to diversify your portfolio and providing educational materials about precious metal IRAs.
Knowledge and Expertise
Finally, Augusta Precious Metals has acquired a lot of knowledge and expertise that only comes from years of serving investors in the precious metals industry.
No matter how volatile the market gets, or how unstable gold and silver prices may become, you can rest assured that the stellar team at Augusta Precious Metals has seen it before.
At those crucial moments when you need expert investment advice and a firm hand to guide you, Augusta Precious Metals is the right custodian to put your trust in.
Just by going through the company’s website, you will understand why so many experienced investors have endorsed Augusta Precious Metals as one of the best companies to open gold and silver IRAs with, in 2023.
What Does Augusta Precious Metals Handle?
Augusta Precious Metals is a custodian that handles the entire process of investing in gold IRAs. This includes handling vital processes, such as:
Account setup
Management of your precious metals IRA
Gold IRA rollover advice and paperwork
Selection of precious metals
Choosing the best options for storage
Transportation of precious metals to IRS-approved gold depositories, such as the Delaware Depository
Investment advice and educational services
Services Provided by Augusta Precious Metals
To facilitate this precious metals IRA process, and to help you to achieve your investment goals, Augusta Precious Metals has a wide range of services at your disposal, such as:
Gold IRA
A gold IRA is a retirement savings account that is based on the value of the IRS-approved gold that you buy from your custodian.
Augusta Precious Metals helps investors to open a gold IRA account, fund it using various means, such as gold IRA rollovers, and purchase gold to safeguard the value of their individual retirement accounts.
Silver IRA
The other important service that Augusta Precious Metals offers to clients is opening a silver IRA. In the same way that gold bars and coins are used in gold IRAs, Silver IRAs are based on silver products.
This means once the silver IRA is opened and funded in the same way as a gold IRA, Augusta Precious Metals will assist you to select silver products to purchase for your individual retirement account.
Both gold and silver bars and coins are considered worthy investment choices that provide a hedge against inflation. Augusta Precious Metals will assist you to choose which is the right option for your needs.
Silver and Gold Cash Accounts (Without an IRA)
Not all gold or silver bars and coins purchased from Augusta Precious Metals have to be linked to an IRA account. The company also allows customers who would rather keep their physical gold and silver to buy products from their stocks.
Three main advantages that attract Augusta Precious Metals customers to this service are:
Full control and management of their gold and silver purchases
Complete freedom regarding the storage and security of your products
No need to worry about banking regulations or digital record systems
To make this option more attractive to investors, Augusta Precious Metals offers free transport and insurance for all purchases, private delivery, advice on gold and silver products, and many other precious metal services.
Storage Services for the Physical Gold and Silver
The high value of gold and silver makes finding a source of storage information, assistance, and access to facilities important for all Augusta Precious Metals customers.
Besides the fact that it is the more prudent option to allow secure facilities to store your gold, it is also one of the major IRS regulations that all gold or silver IRA products be kept at an IRS-approved depository.
Custodian Services
When you invest in gold IRAs through Augusta Precious Metals, its services extend beyond simply selling you precious metals. You will enjoy lifetime support from your custodian that will entitle you to all the investment advice and assistance you require.
The custodian services offered by Augusta Precious Metals mean that investors will only do the bare minimum when it comes to opening and managing their accounts while the company does all the legwork.
Multi-team Approach
By bringing together a panel of highly experienced investment experts and giving you access to their wealth of knowledge and experience, Augusta Precious Metals has developed a strategy that helps them tackle any issues that investors may be faced with.
Who Benefits From Investing With Augusta Precious Metals?
It is never too early to start planning for your retirement. The sooner you start saving up, the better your chances of reaching all your investment goals by the time you are no longer working and are thinking of what you would enjoy doing the rest of your life.
With that in mind, investing with Augusta Precious Metals will benefit investors of all ages and from all walks of life. The gold and silver that you buy today will be a lot more valuable several years from now, which is something that every investor would benefit from. Read our gold IRA rollover guide for more information on that process.
Precious Metal Perks To Enjoy From Augusta Precious Metals
Certain services make Augusta Precious Metals a more attractive option for investors trying to choose the best custodian for investing in gold IRAs.
Some of the perks that you can expect from Augusta Precious Metals include:
The gold buyback services guarantee that Augusta Precious Metals will buy gold from you should you ever wish to sell it in future
Lifetime support for all customers
Silver and gold cash purchases that come with free transport and insurance
Competitive prices on all precious metal products
Gold IRA Fees
One thing that can easily derail all your gold IRA investment plans is choosing a custodian that charges too many fees for gold and silver IRAs or has some hidden fees that you will only learn of after investing.
While the minimum investment of $50,000 required to open an account with Augusta Precious Metals is a bit restrictive, the rest of the fee structure is quite competitive.
As a gold IRA investor, you can expect to pay the following fees:
One-Time Setup Fee
Sample depository storage fee (non-government): $100
Annual custodian fee: $100
Custodian application fee: $50
Recurring Fees
Storage facility fee (non-government): $100
Custodian maintenance fee: $100
Augusta Precious Metals – Easy to Work With?
Whether one is opening a bank account or managing n investment portfolio, convenience is everything these days. The same goes for opening and managing a gold and silver IRA.
While the process of investing in precious metals can be complicated at times, Augusta Precious Metals make everything easy for its investors by providing a simple website that has all the information, resources, and educational material that they need.
Even the process of setting up an account with the precious metals IRA provider has been streamlined by Augusta Precious Metals. It handles all the paperwork so all you need to do is provide the funds and your details.
Transparency is also one of the other things that the company has going for it. There is no need to dig deep to find information about how the company operates, who its owners are, or what investors can expect from the custodian. They offer a web conference to speak 1 on 1 with investors.
Setting up an Account
The account setup itself is a very quick and simple three-step process that involves:
Creating your new precious metals IRA (self-directed IRA) account with Augusta Precious Metals
Funding your gold and silver IRA with money from an existing IRA account
Selecting the precious metals you want to buy, and approving the purchase
How Safe Is the Precious Metals Storage Facility?
Gold and silver coins are high-value items that carry a high risk of theft. It is for this reason that complying with the IRS regulations regarding storing your IRA-eligible metals in an approved depository is the right thing to do.
When you invest in gold IRAs through Augusta Precious Metals, the company usually recommends the Delaware Depository as its storage facility of choice.
Of course, as the owner of the precious metals in your IRA, you can choose your own preferred gold and silver depository. However, you would find it difficult to find any storage facilities that are more secure or better placed than those owned by the Delaware Depository.
You will have access to facilities that are unreachable by the facility’s creditors, far from politically or economically important areas, and legally registered with the IRS.
Other precious metals storage facilities that Augusta Precious Metals may recommend include:
Los Angeles, CA
New York, NY
Salt Lake City, UT
New Castle, DE
Nampa, ID
Bridgewater, MA
Las Vegas, NV
Wilmington, DE
Shiner, TX
South Fargo, ND
Dallas, TX
Reviews, Complaints, and Ratings for Augusta Precious Metals
Would an Augusta Precious Metals lawsuit make you think twice about investing with the company? Of course, it would! This would be a sign that perhaps something is wrong with the way the company is being managed.
However, with Augusta Precious Metals, you do not have to worry about that. The company has a long list of awesome ratings and stellar reviews from trusted review platforms, such as:
A 4.95 rating on Better Business Bureau (BBB)
Trustlink gives Augusta Precious Metals a 5-star rating
The custodian has a 4.9 rating on Google My Business
An impressive AAA rating from Business Consumer Alliance
4.8 Facebook rating
Other positives reviews and ratings from reputable sites, such as IRA Gold Advisor, Stevie Awards, Ethics.net, and Consumer Affairs
Management Team at Augusta Precious Metals
Who owns Augusta Precious Metals? This is the question you need to be asking if you want to know what kind of company you are about to invest in. In this case, the Augusta Precious Metals team is a formidable panel of some of the most experienced people in the precious metals IRA industry.
Here is a quick look at four individuals who form the backbone of Augusta Precious Metals:
Isaac Nuriani (CEO)
To investors who have been in the industry for a while now, the CEO of Augusta Precious Metals, Isaac Nuriani needs no introductions. He has spent years in the trenches helping Americans to achieve their retirement goals by making smart decisions with their investments.
When he launched Augusta Precious Metals, Mr. Nuriani had a vision of a precious metals gold IRA company that would cater to the needs of investors while sticking to strict codes of ethics and professionalism.
Considering the giant of a gold IRA company that he now spearheads, it is safe to say that Isaac Nuriani’s vision is now a reality.
Howard Smith (CFO)
One of Mr. Nuriani’s Lieutenants is the highly experienced CFO of Augusta Precious Metals, Howard Smith. With two decades of banking and capital markets experience under his belt, Howard Smith is considered an industry leader when it comes to precious metals.
After joining Augusta Precious Metals in 2018, he quickly put his knowledge and experience to the task and helped grow the company to what it is today.
Devlyn Steele (Senior Economic Analyst and Director of Education)
The main reason why Augusta Precious Metals is regarded as one of the best companies for investors who are looking for educational resources and sound investment advice is because of the influence of Devlyn Steele, the Senior Economic Analyst and Director of Education.
One of the many feathers in his cap that highlight how important he is to the company is his accurate prediction of the 2008 economic turmoil that was quickly followed by a spike in the global demand for physical gold and other precious metals.
Joe Montana – Company’s Corporate Ambassador
Perhaps, the jewel in the leadership team of Augusta Precious Metals is its Corporate Ambassador, Joe Montana.
As an NFL Hall of Fame quarterback, Joe Montana commands a legion of supporters who respect his opinions.
That is why, when Montana decided to fully endorse Augusta Precious Metals as a reliable gold IRA company after having been a client for several years, the industry had to sit up and listen.
Types of Gold and Silver Options Available From Augusta Precious Metals
Most new investors are surprised at the wide range of gold and silver coins that are available for investing in gold IRAs. At Augusta Precious Metals, gold and silver bars and coins come in many sizes but are all IRS-approved for inclusion in gold and silver IRAs.
The following are some of the precious metals you can purchase from Augusta Precious Metals:
Gold Coins
American Gold Eagles
Gold American Buffalo
American Gold Eagle Proofs
Gold Canadian Eagles
Gold Canadian Maple Leaves
Gold Bar 1 oz. and Gold bar 10 oz.
Premium coins, such as the 2022 St. Helena Gold Sovereign and Gold Australian Striped Marlin
Silver Coins
American Silver Eagles
Canadian Silver Maple Leaf
Canadian Silver Eagles
Austrian Philharmonic Silver 1 oz. BU
Silver Round 1 oz.
Premium coins, such as the 2021 Royal Canadian Mint 1.25 oz. Silver Soaring Eagle
What Makes Augusta Precious Metals Unique?
Among precious metals IRA providers, Augusta Precious Metals is a highly respected name. The reason why it is so unique is that no other company in the precious metals market can provide the kind of services that Augusta Precious Metals does in such a transparent and efficient manner.
Trust is everything in the precious metals market, and after decades of providing top-notch services to its clients, Augusta Precious Metals is now one of the most reliable companies featured on the 2023 lists of top gold IRA companies to invest with.
Its Stellar team is like no other in terms of the perfect balance of experience and expertise. On top of all that, Augusta Precious Metals has the backing of Joe Montana to inspire trust and confidence in its customers.
FAQs on Augusta Precious Metals Review
What Gold and Silver Types Does the Company Sell?
Augusta Precious Metals sells a wide range of gold and silver coins and bars, such as American Silver and Gold Eagles, Canadian Silver Maple Leaf, Australian Striped Marlin gold and silver coins, and many more. The full list of products is regularly updated on the official website of the company.
Is There Transparent Pricing, Refunds, and Delivery Included by Augusta Precious Metals?
Yes, transparency is one of the most important attributes of Augusta Precious Metals. It governs every aspect of how the company conducts business and can be seen in its transparent fee structures and other information.
How Long Does It Generally Take To Get the Precious Metals Delivered?
The time it takes to deliver your precious metals to the location you choose depends on how far away it is from the place you are buying from. To get the exact information, you must provide the address when you make your purchase and the company’s agents will assist you.
How Are the Silver and Gold Stored for Augusta Precious Metals?
The most trusted storage facility that is recommended by Augusta Precious Metals is the Delaware Depository. Other storage options are also available for customers who do not have access to this facility.
Is It Possible To Make Withdrawals From a Precious Metals IRA?
The rules stipulated by the IRS prevent you from accessing the funds in your precious metals gold IRA until you reach the age of retirement. Any withdrawals before that time will be considered distributions and will come with a stiff penalty.
Is It Possible to Monitor the Performance of the Precious Metals IRAs?
Yes, part of the lifetime support system that is available to Augusta Precious Metals customers allows you to get access to all the information you need regarding how your precious metal investments are performing.
What Is Augusta Precious Metals Stock Symbol?
The stock symbol for Augusta Precious Metals is AUGG – Augusta Gold Corp.
FAQs for General Information Purposes About Precious Metal Investment
Is There a Real Benefit for Purchasing Gold/Silver in an IRA?
The two main benefits of buying gold or silver IRAs are that these precious metals act as a hedge against inflation and they are always in demand. This means that whatever money you put into your precious metals IRA will be safe from global economic turmoil and will increase in value over time.
What Are the Reasons for Buying Gold and Silver?
People buy gold or silver bars for many reasons, but concerning investments and the current economic situation, the main reason is to protect their funds from inflation while investing in a product that has historically weathered such storms very well.
Where Can Someone Learn More About Silver and Gold?
There are many sources of information regarding gold and silver investments online. However, if you want a reliable source that comes with a wealth of knowledge and access to invaluable educational materials, Augusta Precious Metals is the best option.
Is It a Get-rich-Fast Scheme?
Investing in gold IRA companies is not a get-rich-quick scheme by any means. This is a legitimate way to invest for the future. It requires a lot of patience, knowledge, and choosing the right custodian if you are to see a return on your investment.
Is It Easy To Purchase Precious Metals From Augusta Precious Metals?
The way the Augusta Precious Metals website is structured makes it very easy for investors to browse through the available precious metals and choose whichever items they wish to invest in.
Is Augusta Precious Metals a Reputable Firm?
Yes, after two decades of providing top-notch services to clients from around the world, Augusta Precious Metals fully deserves its reputation as a reputable gold IRA provider. It also has a legion of satisfied customers willing to endorse the company by providing many positive reviews on trusted sites, such as Better Business Bureau and Business Consumer Alliance.
Also see Augusta vs. Goldco if you are torn between the two companies.
Conclusion
If you have not yet started planning how you can benefit from the great opportunities offered by precious metals IRA providers, such as Augusta Precious Metals, you are letting yourself down in terms of preparing for your financial future.
There are a lot of benefits to investing in gold and silver IRAs, and if you put your faith in Augusta Precious Metals, you can finally start looking forward to enjoying your retirement years to the fullest regardless of how the economy turns out.
Remember to get your FREE investing kit from Augusta. It could be the best move you ever make.
About Arthur Karter
Hi, I’m Arthur, and nobody wants to wake up in their 50s like me that they are in serious debt with minimal assets. This wake-up call forced me to reevaluate everything. After going through the school of Hard Knocks, I’m ready to help you by sharing the best retirement choices and how they differ from all the same-old, same-old options that financial advisors sell. These alternatives will help you build and protect your wealth.
