Augusta Precious Metals
Ranked #2 of 5
Augusta Precious Metals
4.5 / 5
Balance your retirement savings with gold & silver
Get matched with a Accredited Gold IRA Partner
The best about Augusta Precious metals
Wide range of products
Setting up an account is quick and easy
Great customer reviews
Augusta has a sophisticated buyback program
Ready to Protect Your Retirement Savings?Visit Augusta Precious Metals
Augusta Precious Metals is a gold IRA company with expertise, reputability, and trustworthiness in the industry, but how does it match up with other gold IRA companies?
This Augusta Precious Metals review will cover all the details you need to make an informed decision. We will even rate the key categories to highlight how well Augusta performs regarding their services, pricing, customer care, and reliability.
Augusta Pros & Cons
Setting up an account is quick and easy
You get full access and control over your precious metals
An Augusta precious metals IRA comes with customer service support
The process and procedures are user-friendly
Augusta has a sophisticated buyback program
There are no penalties
Your assets won't be accessible to potential investors
Only offers Gold and Silver IRA
Augusta Key Summary
|Assets Offered||Gold coins, bars, and bullion|
Silver coins and bars
|Products and Services offered||Gold IRA|
Traditional and Roth Planning
SEP IRA Planning
Simple IRA Planning
|Fees||Initial fee to open an account: $50 |
Annual fee for your custodian: $125
|Customer Service||Account executives are available Monday through Friday 7 am to 5 pm EST via phone|
|Company Reliability||AAA Better Customer Alliance Rating|
5/5 TrustLink rating
Augusta Category Ratings
|Product Range and Services||9/10|
The Bottom Line - Do We Recommend Augusta Precious Metals?
At the end of the day, we recommend Augusta Precious Metals if you are eager to expand your investment portfolio and diversify your assets.
Whether you are interested in a gold IRA or a silver IRA, Augusta Precious Metals can fulfill your precious metals IRA preferences.
With the team of Augusta experts by your side, you can make informative decisions about your retirement accounts.
The buyback program is an impressive feature of an Augusta gold IRA and the competitive prices are incredible. For more information about opening a silver IRA or a gold IRA with Augusta Precious Metals, visit their website.
Joe Montana Talks Retirement Preservation
Product Range and Services
Augusta Precious Metals makes premium coins, bullions, bars, and coins available to investors. Their products can be purchased in either gold or silver, depending on your preference.
Augusta Precious Metals Services
Augusta Precious Metals has a wide array of services for you to choose from, including:
- Gold IRA
- Silver IRA
- 401(K) Rollover
- Traditional and Roth Planning
- SEP IRA Planning
- Simple IRA Planning
Augusta Precious Metals has competitive rates. You can expect to pay a fee to open your account as well as an annual administration fee and a yearly custodian fee. If you want additional storage for your IRA, there are also fees associated with expanding your storage.
Costs and Fees of Augusta Precious Metals
- Initial fee to open an account = $50
- Annual fee for your custodian = $125
- Yearly administration fee for IRAs valued below $100,000 = $75
- Yearly administration fee for IRAs valued over $100,000 = $125
Minimum Investment Requirement for Augusta Gold IRA
The minimum investment requirement depends on how you plan to pay. If you are making a cash purchase, the minimum value is $50,000. If you are making an IRA purchase, your minimum investment amount is $100,000.
A major benefit of going through Augusta Precious Metals for a gold IRA is that they genuinely care about their customers. Not only do they prioritize education and strive to be as transparent as possible, but Augusta Precious Metals also customizes their services to suit your personalized needs.
Augusta Precious Metals appoints a representative to each customer so that they are always in-the-know regarding their gold IRA. Whether you call or email, the general response time is short so you can get your questions answered quickly.
Educational Materials for Augusta Precious Metals
There are plenty of publications that display Augusta Precious Metals' investment plans for people interested in diversifying their investment portfolios and investing in either silver or gold.
While Augusta has a less established catalog of education material, you can still find a plethora of valuable content from their blog posts and email newsletters. The company focuses their efforts on regular phone conversations with their clients. Their representatives are available and accessible whenever you have questions or concerns.
Augusta Precious Metals is a family business that started operating back in 2001. With dual decades of experience in the investment industry and a specialization in precious metal investments, Augusta Precious Metals is a business that knows how to excel in the world of investing.
The best part is that Augusta does not hold back from informing its clients of investing best practices. The company shares its knowledge with others and seeks to educate everyone else about the best ways to invest in precious metals.
Augusta Precious Metals Background
Twenty years ago, Isaac Nuriani opened the doors to the first Augusta Precious Metals location in Beverly Hills, CA. Over time, Nuriani stepped down from his position and hired Joe Montana to take his place as the CEO of Augusta Precious Metals.
By carrying on the legacy and foundational beliefs of Isaac Nuriani, Montana has continued to run the business from a perspective of professional expertise, educational advancements, and profitability for all.
According to the Better Business Bureau, Augusta Precious Metals has not received any complaints. Augusta also has an A+ rating with the BBB and a triple A rating with the Business Consumer Alliance (BCA).
On Google, the company has a 4.8-star rating which is up there with the 5-star rating on Facebook. While there are concerns about the credibility of some reviews, the company has established a more consistent reputation in the last few years and never leaves negative reviews unaddressed.
Average star ratings
Trustpilot: 4.8 stars
BBB: 4.87 stars
TrustLink: 4.8 stars
Remember that average ratings are subject to change, so do check those sites for updated ratings.
|Rating 1 – 10 where 10 is best||Augusta Precious Metals||Birch Gold Group||Noble Gold||GoldCo||Regal Assets|
|Product range and services||9||9.3||9.6||9.8||9.7|
If Augusta precious metals is simply too expensive for you, consider the two cheaper alternatives below:
Alternatives to Augusta Precious Metals
Augusta Precious Metals vs the competition
Best in classVisit Goldco
Gold & Silver IRA
$3,500 non IRA
$50 + $30
$80 Admin Annually
$100 Non Segregated
Get 10% back in FREE silver
GoldCo is the #1 alternative to Augusta Precious Metals for gold IRAs. Their minimum investment is $25,000 and they offer a wide range of products. Whether you are looking for silver or gold IRAs or some assistance with retirement planning, they are ready to help.
Noble Gold Group is another alternative to Augusta Precious Metals for gold IRAs. Although not as high up as GoldCo on our list, Noble Gold Group has both gold and silver IRAs available
How to Invest in Augusta Precious Metals
Investing through Augusta Precious Metals is very simple. The process is streamlined and efficient. After you complete three basic steps, you will be ready to start investing in your Augusta gold IRA. First, you must open an account with Augusta Precious Metals.
Then, you will need to fund your new IRA with one of your sources of pre-existing retirement funds. From there, you will use your retirement funds to buy precious metals for your gold IRA with Augusta.
If you are eager to expand your investment portfolio and diversify your assets, we recommend Augusta Precious Metals.
Ready to Protect Your Retirement Savings?
Augusta Precious Metals FAQs
What is Augusta's minimum investment requirement for precious metals gold IRA?
There is a minimum investment for a gold IRA with Augusta. To invest in precious metals, there are two options. The minimum investment value for a precious metals gold IRA for cash purchases is $50,000. If you plan to make an IRA purchase, the minimum investment value is $100,000.
Which metals should I purchase for my precious metals Gold IRA with Augusta?
The good news is that there is a wide array of precious metals available to you for purchase in an Augusta IRA. There are four different forms of precious metal, including coins, premium coins, bullion coins, and bars.
You can purchase any of these in either silver or in gold. Before you decide which type of precious metals to purchase for your IRA with Augusta, make sure you have enough information to ensure that your ultimate decision is well informed and aligns with your goals. Don’t be afraid to reach out to Augusta’s customer service team to seek more information.
Consider speaking with your financial advisors before you finalize your decision because they can provide you with an even more customized answer to your questions since they know your financial history and long-term goals.
What are the qualification requirements for making distributions into a gold IRA?
Required minimum distributions from your gold IRA are based on your age. Once you turn seventy-and-a-half years old, you will need to start taking a distribution amount based on the value of your gold IRA.
Does an Augusta precious metals gold IRA come with a buyback program?
An Augusta precious metals gold IRA comes with an impressive buyback program. If you purchase precious metals through Augusta, you have the option to sell those precious metals back to Augusta for prices similar to what Augusta sold them for originally.
Are there any storage options for an IRA with Augusta?
In addition to your Augusta home storage gold IRA, there are eleven different storage options for your gold IRA with Augusta, and these storage options are located in the following U.S. cities, with the exception of Mississauga:
- Bridgewater, MA
- Jackson, OH
- Las Vegas, NV
- Los Angeles, CA
- Mississauga, ON, Canada
- Nampa, ID
- New Castle, DE
- Salt Lake City, UT
- South Fargo, ND
- Springfield Gardens, NY
- Wilmington, DE
Legally, who is named as the custodian of an Augusta gold IRA for precious metals?
There are three distinct custodians for precious metal IRAs with Augusta, including Goldstar Trust, Kingdom Trust, and Equity Trust.
Speaking of custodians, what is the purpose of a custodian?
Above all, you are required by federal law to have a custodian who is responsible for managing your precious metals IRA. Custodians fulfill a role that is essential to protecting your assets and making sure your funds are properly allocated in your best interest. Augusta partners with reputable custodians who can assist precious metals IRA holders with their decisions regarding their account.
Will it take awhile for my IRA to roll into my Augusta precious metals gold IRA?
Everyone’s experience is different. The length of time that it takes for your IRA to roll into a precious metals IRA will be unique to you. However, if you want a more precise answer, please call Augusta Precious Metals’ customer service team to discuss your situation in detail.