Introduction
Augusta Precious Metals has received numerous accolades, including thousands of 5-star customer ratings, hundreds of positive reviews online, and top ratings from both the Better Business Bureau (BBB) and Business Consumer Alliance (BCA). Notably, they are endorsed by satisfied customers and paid corporate ambassador Joe Montana, a hall of fame quarterback and successful multimillionaire, as well as his personal financial team.
What sets Augusta apart from other companies is their dedication to customer education over high-pressure sales tactics. They offer a unique, one-on-one web conference created by their on-staff Harvard-trained economist, which is a must-watch. The conference provides valuable insights into the economy, gold and silver investments, and ways to avoid questionable gold IRA companies.
Table of Contents
- Introduction
- Pros & Cons
- Key Summary
- The Bottom Line
- Product Range and Services
- Pricing
- Customer Care
- Company Reliability
- Customer Reviews
- Augusta vs the competition
- Alternatives to Augusta
- How to Invest in Augusta Precious Metals
- Augusta Precious Metals FAQs
Augusta Precious Metals: Pros & Cons
Here are the pros and cons of Augusta Precious Metals:
Pros:
- The company has received thousands of top ratings and reviews, with top scores from the Better Business Bureau (BBB) and Business Consumer Alliance (BCA).
- They offer a unique and free one-on-one web conference that provides valuable insights into the economy, gold and silver investments, and ways to avoid questionable gold IRA companies.
- The company is endorsed by high-profile customers, including spokesperson Joe Montana.
- They do not use high-pressure tactics and are committed to being a “protector” of the industry.
- Augusta Precious Metals provides lifetime support for accounts even after the initial transaction.
- Investing in precious metals offers an alternate investment option that has historically held its value, even during challenging economic times.
Cons:
- The minimum investment for both IRAs and cash accounts is $50,000, which may be a barrier for some potential investors.
Augusta Precious Metals: Key Summary
Summary of key points about Augusta Precious Metals:
- Website: augustapreciousmetals.com
- Phone: 833-651-2283
- Year of Establishment: 2012
- CEO: Isaac Nuriani
- Headquarters: Casper, WY
- Assets Offered:
- Gold coins, bars, and bullion
- Silver coins, bars, and bullion
- Products and Services Offered:
- Gold IRA
- Silver IRA
- 401(k) rollover
- Traditional and Roth planning
- SEP IRA planning
- Simple IRA planning
- Fees:
- Initial fee to open an account: $50
- Annual fee for your custodian: $100
- Annual fee for IRA metals storage: $100 (up to 10 years of fees reimbursed to your IRA in premium silver coins)
- Minimum Investment: $50,000
- Customer Service:
- Customer success agents are available Monday through Friday 7 am to 5 pm PST via phone
- Support is offered for the lifetime of the account
- Company Reliability:
- BBB Rating (A+ to F): A+
- BBB Customer Ratings: 4.96/5
- BCA Rating (AAA to F): AAA
- BCA Complaints (Last 3 Years): 0 – click here for details
- TrustLink Rating: 5/5 (250+ reviews)
- General:
- Preferred Depository: Delaware Depository
- Preferred Custodian: Equity Trust Company
- Physical IRA Application: Yes
- Digital IRA Application: Yes
Evaluation of Augusta in important categories:
| Category | Rating |
|---|---|
| Product Range and Services | 4.7/5 |
| Pricing | 4.7/5 |
| Customer Care | 4.8/5 |
| Company Reliability | 4.8/5 |
| Customer Reviews | 5/5 |
| Total | 4.8/5 |
The Bottom Line
Do we recommend Augusta Precious Metals? Yes.
Established in 2012, Augusta Precious Metals is a company that prides itself on its dedication to integrity and customer support. This commitment is reflected in their numerous top ratings and reviews, as well as their excellent offering of a Harvard-trained economist-designed web conference. Additionally, their unique endorsement by Joe Montana, whose own financial team found Augusta Precious Metals after looking at many other gold IRA companies, further solidifies their reputation.
Augusta performs exceptionally well in all categories and works diligently with individuals seeking to diversify their retirement portfolios by funding their accounts with precious metals. What sets Augusta Precious Metals apart is their role as the industry’s “protectors,” sharing valuable information like “15 Bad Reasons to Buy Gold” and “10 Big Gold IRA Dealer Lies,” identifying questionable tactics used by some gold IRA companies.
For these reasons, we highly recommend Augusta Precious Metals as the top choice for individuals seeking to diversify their retirement portfolios with precious metals.
Similar to a traditional IRA, a gold IRA provides tax benefits to retirement savers. However, it’s crucial to work with a trustworthy precious metals company to set one up. Augusta Precious Metals’ customer-focused approach, commitment to integrity, and dedication to protecting their customers make them a great choice for those interested in gold IRA investment.
Product Range and Services
- Augusta offers primarily gold and silver, in a variety of forms. This could be gold and silver bullion or premium gold and silver coins.
- This company works to educate its investors with a centered approach to customer success. They have published documents and a free guide explaining precious metal investing so that their investors can have a deeper understanding of the process. Most notably, they offer a free one-on-one web conference with their on-staff Harvard-trained economist, Devyn Steele.
- Augusta Precious Metals has created an easy 3-step process to get started:
- Open a self-directed IRA
- Add funds to your account
- Purchase precious metals
- Augusta aims to form a long-term, individual relationship with every one of their customers. Each customer has his or her own representative who assists them through the streamlined setup steps. This hands-on, personal service sets them apart from many of their competitors.
Services
Augusta offers a range of services to help investors start a gold IRA, which can seem like a complicated and intimidating process. Fortunately, Augusta is there to guide investors through every step.
Their personalized approach begins by introducing investors to the education department, where they can learn the ins and outs of gold IRAs including the process, fees, gold and silver options, and what to watch out for with some gold IRA companies.
When investors are ready to proceed, they work with the IRA Processing Department to complete the paperwork and then the Order Desk, where a representative helps assemble their gold and silver portfolio.
Setting up a gold IRA can be far easier than expected with Augusta Precious Metals’ streamlined service.
Currently, they offer services for:
- Gold IRA
- Silver IRA
- 401(k) rollovers.
Pricing
While Augusta Precious Metals has a higher minimum investment than most companies, their robust offerings make it worth it for those who meet the $50,000 threshold.
In addition to offering competitive bullion pricing, Augusta provides account-lifetime support and will even reimburse fees for up to ten years to your IRA in premium silver coins for qualifying customers.
Costs and fees
Fees and costs are subject to change, so it is recommended to contact Augusta Precious Metals for the most up-to-date information. A minimum investment of $50,000.00 is required for both non-IRA purchases and IRAs, with no maximum investment limit.
New customers are charged an initial setup fee of $50.00, followed by annual custodian and depository fees. Qualifying customers may receive a reimbursement of these fees to their IRA in premium silver coins.
Accepted payment methods for costs and fees include personal checks, bank wire transfers, and credit cards. Personal check transactions are limited to $100,000.00 per transaction.
Lowest amount required to invest
Each purchase from Augusta Precious Metals currently requires a minimum investment of $50,000 to $100,000. Even if you choose to invest in these precious metals outside of an IRA, you still need to meet the $50,000 minimum investment.
Customer Care
Our review of Augusta Precious Metals highlights the company’s personalized services and commitment to education. Augusta understands that educating customers about investing in precious metals can help them plan for a successful retirement.
The company is focused on building relationships with their customers, assigning each one a dedicated representative who guides them through each step of the streamlined process.
Through their dedication to customer trust and education, Augusta distinguishes itself from other precious metals companies.
Materials for Educating about Augusta Precious Metals
Augusta offers various educational resources to their customers, including email communications, blogs, website updates, and calls with representatives. These materials help customers understand the detailed process of investing in gold and silver, providing confidence in their retirement portfolio.
Customers who qualify are also given the opportunity to participate in a free one-on-one web conference, created by Augusta’s Harvard-trained economist, Devlyn Steele. This conference covers the history and significance of gold and silver in the market and is a valuable resource for anyone considering a precious metals IRA.
We highly recommend attending this web conference, even if you don’t end up choosing Augusta as your precious metals company. It’s a great way to gain knowledge and insight into the precious metals market.
Company Reliability
Augusta Precious Metals has a solid reputation for providing quality services to their clients, as they have been in business for over a decade. They have memberships in various professional associations, which uphold ethical standards and professionalism for their clients.
Augusta has received top ratings from reputable organizations such as the Better Business Bureau, the Business Consumer Alliance, and the TrustLink. Additionally, they have been recognized as the “Most Trusted Gold IRA Company” by IRA Gold Advisor. This recognition and their continued Best of TrustLink awards demonstrate that Augusta Precious Metals is a reliable and trustworthy company to work with.
Customer Reviews
Customers have rated Augusta highly, citing excellent educational materials and clear communication. The company’s biggest drawback is its high initial investment. Nonetheless, customers with the means to invest have reported being very satisfied with the support they’ve received from Augusta.
Reviews from impartial third-party customers
Augusta Precious Metals has received recognition and positive reviews from various reputable sources, highlighting their commitment to excellence. Some of their accolades include:
- An A+ rating and zero complaints with the Better Business Bureau (BBB)
- A 5-star rating from Consumer Affairs
- A Google rating of 4.9
- A 4.8-star rating on Facebook
- A rating of AAA, the highest possible, from the Billiard Congress of America
- Being voted as the “Most Trusted in the US” by IRA Gold Advisor.
These accolades demonstrate Augusta Precious Metals’ dedication to providing exceptional services and products to their customers.
Augusta vs the competition
After evaluating other Gold IRA companies with the same criteria used to assess Augusta Precious Metals, we can provide a comparison of how Augusta stacks up against the competition.
| RATING 1-5 WHERE 5 IS BEST | Augusta Precious Metals | Birch Gold Group | Noble Gold | American Hartford | Goldco |
|---|---|---|---|---|---|
| RANKING | #1 | #2 | #3 | #4 | #5 |
| PRODUCT RANGE AND SERVICES | 4.9 | 4.7 | 4.9 | 4.7 | 4.4 |
| PRICING | 4.8 | 4.7 | 4.6 | 4.7 | 4.3 |
| CUSTOMER CARE | 4.9 | 4.8 | 4.6 | 4.6 | 4.3 |
| COMPANY RELIABILITY | 5 | 4.8 | 4.5 | 4.8 | 4.4 |
| CUSTOMER REVIEWS | 4.9 | 5 | 4.5 | 4.7 | 4.6 |
| TOTAL RATING | 4.9 | 4.8 | 4.6 | 4.6 | 4.4 |
Alternatives to Augusta
| Company | Product | Minimum Investment | Non-IRA Minimum Investment | Setup Fee | Annual Admin Fee | Annual Storage Fee | Rating (BCA) | Rating (BBB) | Promotion |
|---|---|---|---|---|---|---|---|---|---|
| Augusta Precious Metals | Gold, Silver, Platinum & Palladium | $50,000 | $50,000 | $50 | $200 | $125 (Annually) | A+ | AAA | None |
| Birch Gold Group | Gold, Silver, Platinum & Palladium | $10,000 | $5,000 | $80 | $100 (Annually) | $100 (Annually) | A+ | AAA | Get 10% back in FREE silver |
| Noble Gold | Gold, Silver, Platinum & Palladium | $10,000 | $3,000 | $0 | $80 (Annually) | $150 (Annually) | A+ | AAA | None |
| First-year fees waived for qualifying IRAs | |||||||||
If Augusta Precious Metals’ high minimum investment is not feasible for you, there are other options to consider.
Birch Gold Group: Birch Gold Group is a precious metal investment company that can help diversify your portfolio using a self-directed IRA. Although they recommend a minimum investment of $10,000, there is no required minimum amount.
How to Invest in Augusta Precious Metals
Starting with Augusta Precious Metals is easy thanks to their excellent customer service and teamwork.
Three-Step Process: The process involves three simple steps:
- Open an IRA.
- Fund your IRA account using your 401(k), other retirement funds, or an existing IRA.
- Purchase your precious metals using your funds.
Customer Service: Your assigned customer service representative will guide you through every step of the process to ensure a seamless experience.