Augusta Precious Metals Vs. Noble Gold | A Direct Comparison
If you are an investor looking for security in a fluctuating economy, precious metal IRAs may be the way to go. Investing in tangible assets is a safer bet than the stock market due to the latter’s sensitivity to general economic conditions.
The best gold IRA companies can provide adequate security for your retirement. Let’s look at some of the differences between the two well-known companies, including prices, customer feedback, and much more.
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?
- What Is Augusta Precious Metals?
- What Is Noble Gold?
- Augustus Precious Metals Vs. Noble Gold: Fees and Expenses
- What Makes Augustus Precious Gold Metals Stand Out?
- What Makes Noble Gold Different from Others?
- Difference Between Augustus Precious Metals and Noble Gold
- Similarities Between the Two Companies
- Are These Companies Trustworthy?
- Conclusion
- Frequently Asked Questions
What Is Augusta Precious Metals?
When it comes to a reputable gold IRA company, Augusta is among the best options. It is one of the best gold IRA companies with no complaints. The company facilitates silver and gold IRA accounts, which are used to save for retirement.
Augusta is one of the largest firms of its sort after the Birch Gold Group and has been around for over a decade; it manages more than a billion dollars worth of assets. If you are looking to invest in gold or silver IRAs, you can choose from several coin, bar, round, and bullion options.
What Is Noble Gold?
Noble Gold is one of the best gold IRA companies that offers a large variety of rare and unusual coins/preset survival packs, such as standard gold and silver coins, as well as bars and IRA-approved palladium. Rare coin collectors may find something of interest, while precious metals IRAs investor can diversify their holdings with silver and gold.
Augustus Precious Metals Vs. Noble Gold: Fees and Expenses
The Fees and Expenses of Augustus Precious Metals
Augusta offers the most reasonable prices among the top gold IRA companies. It only deals in physical precious metals like silver and gold, and the prices fluctuate daily with market conditions. The company’s prices are around five percent higher than the going rate, but that premium is small when weighed against the caliber of service you receive.
Under a business-consumer alliance, you can open a gold IRA for $50 with this company. Additional costs include $80 for custodial services and $100 for storage at its bank.
While the costs are comparable to those offered by other gold IRA companies like the Birch Gold Group, the initial gold IRA investments of $50,000 make the real difference. However, this investment in a gold IRA is worth the amount because you will receive many services in exchange. Augusta promises to be there for you for a lifetime and provides many different gold IRA services, including gold IRA rollover.
The Fees and Expenses of Noble Gold
The minimum gold IRA investment with Noble Gold is only $2,000. Its IRA setup is free of charge as well. However, segregated storage at their Texas headquarters costs $150 per year, which is more than the competition charges. Its annual custodial price is only $80, which is lower than the rates charged by many of its rivals.
What Makes Augustus Precious Gold Metals Stand Out?
The key to finding the appropriate gold IRA company is determining whether you would feel safe investing in the company’s future.
When it comes to enlightening its clientele, the team at Augusta spares no effort. They check your motivations to buy to ensure it’s for the proper reasons. Additionally, they’ll listen carefully to learn about your objectives and then advise you on whether opening gold IRAs make sense.
You may learn everything there is to know about gold bullion, the potential benefits and drawbacks, and how to spot scammers in a free, one-on-one web conference before you even sign up.
Even after the sale is complete, the Augusta team continues to provide support. The team intends to stick by you the whole way and become your trusted companion.
Among various gold IRA providers, Augusta is one of the few that has received nearly universally excellent feedback from its clientele. No problems have been raised.
—>>> Get a FREE Gold Investors Kit, Courtesy of Augusta Precious Metals.
What Makes Noble Gold Different from Others?
Since it works with distinct suppliers, Noble Gold provides some of the lowest costs for silver, gold, palladium, and platinum. Its main focus while making investment recommendations is on the client’s best interests, not the firm’s profit lines.
Furthermore, any precious metal you purchase from the company is shipped securely and quickly. Thus, you may rest easy knowing it will get your purchase within the scheduled time.
Difference Between Augustus Precious Metals and Noble Gold
You should consider the significant differences between the two precious metal IRA companies while deciding which company is ideal for you.
Noble Gold’s quick processing time, gold investing, and five-minute retirement account are excellent features. It also provides simple purchase bundles known as Survival Kits, which range in price from approximately $5,000 to $500,000. This simplifies the entire process from beginning to end. It also has a large selection of gold coins, platinum, silver, and palladium items. However, the need for individualized purchasing limits the possibilities available to investors.
Augusta offers long-lasting customer support by having agents available to clients for their IRA accounts. It is well-known for its open business processes, no hidden costs, and dedication to assisting customers in selecting the best products.
Services Offered by Augustus Precious Metals
Augusta’s core product is the physical gold and silver IRA. Silver and gold investments over $50,000 are eligible for inclusion in tax-deferred retirement plans. Your contact at equity trust will be Augusta, and your availability to it is unrestricted. Furthermore, you are the sole manager of your portfolio.
You can buy coins and bullion from Augusta that can be put in an IRA. Gold and silver bullion are available for purchase separately from precious metal IRAs.
Additionally, you can return your gold to the gold IRA company and get cash through its Gold Buy-Back Program. That way, if you ever need quick cash, you can sell your possessions and get the money you need. There is no need for you to search for a gold buyer.
Augusta has yet to make any promises about how often it will purchase back gold. However, it has never said no to a request.
—> Get a Free Gold Investors Kit from Augusta Precious Metals.
Services Offered by Noble Gold
Noble Gold provides a wide range of investment options. Rare gold coins could interest collectors, and the silver and gold IRA choices would be useful for investors looking to diversify their holdings.
When you open a gold IRA at Noble Gold, you can store gold and other precious metals in a tax-deferred retirement account. Opening a gold IRA account can diversify your holdings and protect you from stock market volatility.
Investing in other precious metals IRA is similar to investing in gold IRA companies, but it allows you to diversify your portfolio by exposing it to a different precious metal.
Gold and silver from Noble Gold can be purchased in various forms, such as the American Eagle, Australian Kangaroo, Canadian Maple Leaf, and American Silver Eagle coins and bars. It also offers platinum and palladium coins in various sizes and weights that are eligible for IRAs.
Regarding rare coins and collectibles, Noble Gold Investments only deals in coins that have been certified and graded by authentic agencies like the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS).
Similarities Between the Two Companies
Some of the similarities between the two best gold IRA companies have been listed below.
Augustus Precious Metals
You can purchase precious metals IRAs here.
It offers safe places to keep your newly acquired valuable metals.
Silver and gold jewelry and coin collections are for sale.
Existing retirement accounts might have their funds rolled over into new ones.
Noble Gold
Gold, silver, and collector coins are all on offer.
Rollovers from standard IRAs and 401(k)s are possible into silver and gold IRAs.
Your valuable metals will be securely stored in a locked vault and insured.
Are These Companies Trustworthy?
Particularly for gold IRA investors, finding a trustworthy company is essential. Let’s find out if these companies are legitimate if you’re planning to invest in a gold or silver IRA.
Augusta Precious Metals
The IRA account held with Augusta is a retirement or investment account dealing primarily with physical gold and silver, so safety is of the utmost importance.
As reported by the BBB, unlike the Birch Gold Group, Augusta is not an accredited business with the BBB. Its A+ grade is, nevertheless, the best one. Over the past three years, the business has received nine complaints, all of which have been addressed satisfactorily.
There are 12 reviews of Augusta on TrustLink, with 11 favorable and one neutral rating overall.
Those who have left favorable feedback have praised the company’s customer service, while those who have left neutral feedback have said they were satisfied overall but considered the fees too high.
Always do a background check on a firm before putting your money in it. Augusta’s reputation seems quite good in that regard.
Noble Gold
Noble Gold has been operating legally since 2005. The company is highly respected in the business world and has earned an A+ from the BBB. As a result of its low costs and extensive selection of investments, it is a great option for many savers. If you are looking for gold IRAs or gold bullion for an investment, Noble Gold is a fantastic choice.
Conclusion
Managing a gold IRA account requires greater attention to detail than a standard IRA. However, if you want to diversify your portfolio and include precious metal coins, it is essential to locate the best gold IRA company that works well with you and your retirement plans.
Noble Gold offers more variety than Augusta, making the process of acquiring precious metals simpler. It does not charge additional fees and has more competitive pricing. However, investors’ options are limited due to the inaccessibility of personalized transactions.
Augusta Precious Metals provides excellent training opportunities, free client education, and comprehensive life support. It has earned a solid reputation thanks to its honest dealings, unwavering commitment to its clients, numerous accolades, and reliability.
Also Read: Augusta vs. Goldco
Frequently Asked Questions
How Much Does Augusta Precious Metals Charge to Administer a Gold IRA?
There are no gold individual retirement accounts or minimum investment management fees associated with most gold IRA companies because you are in charge of the account. However, certain costs will be connected with maintaining gold IRAs, including a one-time account creation fee and annual custodian and storage costs.
Is There Any Risk in Investing in Noble Gold IRA?
Talking about risk, a Noble Gold IRA is subject to the same dangers as any other investment. Consult a financial expert about whether a precious metals IRA is the right choice for you.
How Can You Withdraw from Augusta Precious Metals?
A gold IRA allows for both partial and complete withdrawals at any time. Augusta can either wire you the cash equivalent of the distribution, or you can pick up the metal at the storage facility. Start taking the RMDs (required minimum distributions) when you turn 70 1/2 to avoid incurring taxes and penalties on early withdrawals.
Is Precious Metals IRA a Good Option?
The stock market is notoriously unpredictable, and as a result, more and more retirees are opting to put their money in a precious metals IRA account. Gold IRAs are a preferred option in this case. It’s a strategy to protect regular IRA funds against market swings and rising prices.
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.