Augusta Precious Metals Reviews (Urgent Report) - Complaints, Ratings, Fees & More

  (photo credit: PR)
(photo credit: PR)

Augusta Precious Metals Reviews

Using precious metals as a store of value is an age long practice. Even before currencies became widely used, precious metals have been used as a valuable asset to either exchange goods or preserve wealth.

Precious metals such as gold and silver are placed in the same category as bonds, stocks and real estate. This is because their value can appreciate or depreciate following certain news and economic events. However, it is believed to be a more stable investment than many others.

Precious metals have been known to be a great investment for many reasons. We will go deep into this later in this post.

Getting your hands on some gold or silver through the internet might be difficult and frustrating. It can also be difficult to find these precious metals at good enough prices. Additionally, being through the internet, you might find it daunting to trust a company with such money.

This is where Augusta precious metals come in. They are one of the top and trusted gold IRA companies in the U.S. So many reviews and companies have attested to their trustworthiness, efficiency and professionalism.

Now what makes Augusta precious metals one of the best companies that offer gold IRA? In this Augusta precious metals review, we would be going in-depth into all this company has to offer, its pros and cons, and background history.

Augusta Precious Metals Background

Augusta precious metal is well known as being a top distributor of physical gold and silver IRAs for retirement and diversification of portfolios. It is a well known company amongst those of the retirement age.

The award winning company have been praised for providing transparent and straightforward services to its customers. Fortunately, this top notch service lasts through the lifetime of the customer’s gold and silver portfolio.

Augusta precious metal is not out to take your money. Rather to educate customers on how to diversify their portfolio and preserve the value of their hard earned retirement fund.

A lot of popular people endorse Augusta precious metal as a trustworthy company. One of such people is Hall of Fame quarterback Joe Montana. He tagged the company as “the best gold company in the United States”.

Augusta precious metals have also been named the most trusted in the U.S. by IRAGoldAdvisor.com. In addition, the company received an A+ rating from the BBB and AAA from Business Consumer Alliance. Augusta precious metals have also won the “Best of” category in Trustlink 4 years in a row.

This leading gold and silver IRA distributor also has several instructional and educational videos on gold and silver IRAs. These videos can be easily accessed on their YouTube channel.

What Is Augusta Precious Metals?

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Credit: PR

We’ve gotten a bit of background information of Augusta precious metals. Now what are they? What do they do? How do they operate? These are some of the questions we will answer in this section.

As you already know, Augusta precious metal is a recognised distributor of gold and silver IRAs in the United States of America. Its customer service is second to none and this has given it an exceptional reputation.

Located in Beverly Hills, California, Augustus precious metals is owned and operated by the Nuriani family. Founded over a decade ago (2012), Augusta precious metals produces rounds, coins and various sizes of bars ranging from 1/10oz to 100oz (about 1 kilo).

Silver rounds of 1 gram, 5 gram and 10 grams are some of the contents of their standard product line. In addition, it also contains silver bars ranging from 1 -10 ounces.

This company values customer experience therefore it urges all its sales and customer service specialist to put in adequate time with customers and potential investors. The goal is to notify them of the importance of owning gold and silver bullions and investing in precious metal IRAs.

To further buttress their level of transparency and trustworthiness, there has never been a complaint with the Better Business Bureau (BBB) against Augusta precious metal. It is the only top gold IRA Company in the United States that has achieved this feat.

If you are interested in owning precious metal as a means of diversifying your portfolio, then Augusta precious metals is the company for you. It allows you to invest in precious metals at a reasonable price without charging any hidden commissions. It is a very good option for personal accounts and for people who want to invest in a retirement account.

Are you interested in gold and silver but don’t have enough knowledge? Augusta precious metal is the ideal choice since they provide many educational materials to bring you up to speed. You can even get assisted by a financial advisor.

Who Are Augusta Precious Metal Executives?

The leadership or executive of any company plays a huge role in the success of any company, and Augusta precious metal is no different. The top leaders in this precious metal company are top notch technocrats and strategic experts.

The leadership spots at Augusta precious metal are filled with the best of the best. It includes top guns like Isaac Nuriani, Devlyn Steele, and Howard Smith. 

Isaac Nuriani 

He is the founder and current CEO of Augusta precious metals. He graduated from University of California with honours in economics. He is a member of Industry Council for Tangible Assets (ICTA) and Ethics.net.

He set out on a mission to enlighten the public on retirement issues and how the existing policies favour big banks rather than retirement savers. This is after years of helping American senior citizens with their retirement needs.

To accomplish this goal, he founded Augusta precious metal. Through this company, he is able to help individuals to diversify their retirement savings by owning precious metals. In order to create a difference and uphold high quality service, he adheres to professionalism and morality.

Over the years he has become a mentor to other business enthusiasts who strive to secure the future and safety of the retirement of the American citizen.

What Is a Gold or Silver IRA?

In case you don’t know what a gold or silver IRA is, let’s bring you up to speed real quick before going deeper into this Augusta precious metal review.

A gold IRA is basically where you can hold gold or silver or both.

A self-directed IRA that lets you purchase valuable physical metals that comply with IRS regulations, in this case, actual gold and silver, is known as a gold or silver IRA.

Similar to a regular IRA account, all increases in the value of your gold and silver are tax-deferred until withdrawal at retirement age.

The primary distinction between a standard IRA and a gold and silver IRA is that the latter permits you to hold IRA-approved gold and silver through a third-party custodian.

How does Augusta precious metal make this any easier for you?

Augusta makes it simple to start a gold IRA and assists you in purchasing gold that fulfils IRS regulations. In addition, the business assures that your precious metals are housed in a secure, insured Delaware vault.

You receive assistance from Augusta Precious Metals while you set up your gold IRA account. Additionally, it makes it easier to transfer money from an existing IRA, 401(k), or other retirement account to your precious metals IRA account.

Augusta transports your IRA precious metals to the Delaware Depository after you purchase them.

With all that having been explained, let’s see what Augusta precious metal has to offer.

Augusta’s Physical Gold and Silver IRA 

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Credit: PR

With a physical gold and silver IRA, you are able to purchase actual gold and silver to protect your future net worth against inflation. Augusta, like most gold IRA providers, provides a self-directed IRA.

Although, Augusta makes it incredibly simple to fund your gold IRA account and, consequently, to buy gold. Augusta Precious Metal is the only precious metals firm that provides a straightforward and uncomplicated approach for funding gold IRAs. 

Operating a gold IRA with Augusta precious metals is so straightforward and can be completed in three steps. They are;

  • Open a gold IRA account by filling out the required form
  • Funding your account by rolling over money for your 401(k) or traditional IRA
  • Buy gold or sliver

Augusta precious metals’ status as the one of the best gold IRA providers is hinged on its simplicity, transparency and straightforwardness. 

To top it off, Augusta precious metal does not just guide you into making an investment with them. Rather they educate you on the basics and necessities of gold and silver IRA investment. One-on-one conference is also available on the following topics;

  • Various gold and silver coins you can buy
  • How to diversify your portfolio
  • How buying precious metals can help you hedge against inflation

Moreover, Augusta precious metal gives you the option to choose where you want to store your precious metals. The firm is in alliance with many insured depositories all over the United States. Based on your location, you can choose wherever is convenient for you.

Another question people tend to ask a lot is whether you can visit the depository to see the precious metals you bought.

Yes, you can. The gold and silver IRAs offered by Augusta special metals are self-directed. This means everything is under your control. You get to make decisions concerning the buying and selling of your gold and silver.

For this sort of investment, the paperwork is usually complex and difficult to fill. However, Augusta precious metals have made theirs very easy. In addition you will be helped by trained members of the company to complete the forms.

Gold and Silver Coins Purchase

With Augusta precious metals, you are able to buy IRS-approved gold and silver coins. This is made possible due to the sheer volume of industry knowledge possessed by Augusta precious metals and its staff. 

This comes in handy when you don’t want to have an IRA rather you just want to own actual gold or silver.

The following are some of the coins you could buy through this company;

  • Silver or gold American Eagle
  • Gold American Buffalos
  • Canadian Silver soaring eagles
  • Australian Striped Marlins
  • Gold or Silver Canadian Maple Leafs
  • Silver or gold American Eagle proof coins
  • Canadian Silver Eagles with Nest

These are just some of the coins you could buy through Augusta precious metals.  There are several benefits of buying gold and silver from Augusta that aren't an IRA. They include;

  • High quality service
  • Free shipping and insurance
  • Free delivery that is confidential and secure
  • Access to Augusta precious metals’ industry knowledge

Lifetime Customer Support

The aim of Augusta precious metals is to create a lifelong relationship with its customers. This mission has pushed them to invest time in each customer and potential investor. 

Not only do they educate you on the importance of portfolio diversification, they also help you out with the paperwork involved in opening an account with them.

Opening an account with Augusta precious metals will grant you access to its highly trained service specialist and their wealth of industry knowledge.

Products of Augusta Precious Metal 

To complete this Augusta precious metal review, we must talk about the company’s available products. The products offered by Augusta are categorized into premium products and common bullion products.

Gold and Silver Bullions

Physical gold and silver bullion are available at Augusta Precious Metals. And there are other choices, such as premium gold and numerous gold coins.

If you wish to invest in gold or silver bullion or premium gold, Augusta is one of the few precious metal firms with a wide selection of options available.

  • Gold American Eagle (1oz, 0.50oz, 0.25oz, and 0.10oz) BU (brilliant uncirculated condition) (Random Year).
  • Gold American Buffalo 1oz BU (Random Year).
  • Gold Canadian Maple Leaf 1oz BU (Random Year).
  • Austrian 1oz Gold Philharmonic BU (Random Year).
  • South African Gold Krugerrand 1oz (Random Year).
  • Gold Bar (10oz and 1oz) (Augusta’s hallmark choice).
  • American Silver Eagle 1oz BU (Random Year).
  • Canadian Silver Maple Leaf 1oz BU (Random Year).
  • Austrian Philharmonic Silver 1oz BU (Random Year).
  • Silver Round 1oz – Augusta’s hallmark choice.
  • America the Beautiful 5oz Cumberland Gap.
  • America the Beautiful 5oz Fort Moultrie.
  • America the Beautiful 5oz Effigy Mounds.
  • Canadian Silver 5 Blessings 1oz.
  • Silver 90% Bag ($1,000, $500, $250, and $100 Face Value).
  • Silver Bar (100oz and 10oz) – Augusta’s hallmark choice.

Premium Gold and Silver

A large variety of premium coins and gold are available at Augusta. When looking to diversify or increase their holdings of precious metals, customers often turn to premium gold and silver coins. Your optimal course of action can be discussed with Augusta's IRA gold advisor at any time.

  • 2022 St. Helena Gold Sovereign.
  • 2020 Australian Striped Marlin.
  • 2018 Royal Mint ¼oz Gold Year of the Dog.
  • 2018 The Rose Crown Guinea.
  • 2017 Great Britain ¼oz Gold Year of the Rooster.
  • 2017 Royal Canadian Mint 0.25oz Gold Eagle.
  • 2021 and 2020 Royal Canadian Mint 1.25oz Silver Soaring Eagle.
  • 2019 and 2018 Royal Canadian Mint 1.25oz Silver Eagle with Nest.
  • 2018 Royal Canadian Mint 0.5oz Silver Eagle with Nest.
  • 2017 Royal Canadian Mint 1.25oz and 0.50oz Silver Eagle.
  • 2016 Canadian 1.5oz Silver $8 White Falcon.
  • 2016 and 2015 Royal Canadian Mint 0.5oz Silver Eagle.

Augusta Precious Metals Depositories

We have been talking about buying gold and silver through Augusta precious metals. But where do they store them?

The company has chosen to store its precious metals in the Delaware depository. It is one of the most secure storage thanks to its top notch security system, technologies, legal safeguards and expert experience.

Your precious metals are housed in a very safe non-government depository storage facility that is insured by Lloyds of London for up to $1 billion in liabilities. They are legally registered, geographically far from important political and financial hubs, and unreachable by the facility's creditors.

Just like other precious metal IRAs, Augusta allows you to choose different depositories if the Delaware-based depository is not viable for you.

Other storage facilities include:

  • Los Angeles, CA.
  • Salt Lake City, UT.
  • Nampa, ID.
  • Las Vegas, NV.
  • Shiner, TX.
  • Dallas, TX.
  • South Fargo, ND.
  • Wilmington, DE.
  • Bridgewater, MA.
  • New Castle, DE.
  • New York, NY.

Augusta Precious Metals Fees and Minimums

Augusta has put a minimum order of $50,000 for any purchase of its precious metal either through IRA or cash payment. This can be attained by buying any combination of the available products that Augusta precious metal has to offer.

Setup Fee (One-Time)

  • Custodian application fee: $50
  • Annual custodian fee: $100
  • Sample non-government depository storage fee: $100

Total one-time setup fee: $250

Recurring Annual Fee

  • Custodian maintenance fee: $100
  • Non-government storage facility fee: $100

Total recurring annual fees: $200

Fortunately, Augusta precious metals has no hidden fees or commissions. There are no added fees aside from what has been mentioned. The price given to you over the desk is what you will pay, nothing more.

Augusta Precious Metals Refund Policy

This gold IRA distributor offers a 7-day refund policy for first-time investors that make precious metals transactions. However, further orders for premium products are final. Unless, the laws of your state mandate a longer cancellation timer in which case it will be respected.

Pros and Cons [Augusta Precious Metal Reviews]

Pros

  • No complaint has been filed against the company
  • Excellent service to customers
  • Great attention to detail
  • Opening an IRA account is easy and straightforward
  • Joe Montana is a customer and an ambassador
  • Many educational contents available to customers

Cons

  • They only deal in gold and silver, no other metals like platinum, nickel, etc
  • The minimum requirement for investment is a bit high at $50,000 

Who IS Augusta Precious Metals For?

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Credit: PR

If you are set on making precious metals a big element of your financial portfolio, Augusta is here to help.

The individuals who will gain the most from Augusta Precious Metals are those who are concerned about diversifying their retirement funds through alternative investments and who would desire a long-term relationship with the business.

It is best for those who

  • Want to diversify their retirement fund by investing in gold
  • Can afford the minimum order requirement of Augusta precious metals ($50,000)
  • Looking for a trustworthy and transparent gold IRA provider
  • Want to hedge their retirement fund against inflation
  • Want a gold IRA company with simple account opening steps

Who Is Augusta Precious Metals Not For?

While Augusta precious metals is one of the top gold IRA providing companies, it is not right for those who:

  • Are unable to afford the $50,000 minimum order requirement.
  • Don’t care about inflation affecting their portfolio value.

What Makes Augusta Precious Metal Unique?

There is no denying that Augusta Precious Metals' business procedures are different from those of its rivals.

Unlike other companies that just provide you with gold and silver, Augusta precious metals offer their customer steady support for the lifetime of their portfolio. This means giving them information, taking care of other precious metal requirements, helping them in managing additional orders and buybacks, etc.

Customers find the process to be efficient, simple, and painless. This allows them to save time and money. The Augusta analytics team is readily available to give the essential information when American clients are making important choices about their precious metals portfolios.

As far as they are concerned, Augusta agents guarantee that they will always be accessible, even after your deal is complete.

Augusta Precious Metals Customer Reviews

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Credit: PR

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Credit: PR

Conclusion – Augusta Precious Metals Review

Augusta precious metal has been able to carve out a name for itself in the industry due to its voluminous knowledge and tactical leaders. It has been able to earn a good reputation for itself through its customer-centric initiative.

Augusta precious metals may not have a wide variety of precious metals like others, but they have renowned mastery and expertise in gold IRA. In other words, it is not about the quantity but the quality of service.

Augusta precious metals have been voted as one of the most trustworthy gold IRA companies by trusted third party platforms. They have successfully revolutionized the way the American citizen can diversify their retirement fund investment using gold and silver.

If you are contemplating opening a gold IRA as a retirement account, then Augusta precious metal is ideal for you. This is because they will provide you with all the necessary help you need from start to finish. In addition, you will gain access to the wealth of knowledge offered by this company.

If you are interested in going forward with Augusta Precious Metals then click the link below to watch their quick presentation. You will be redirected to their website where you will need to input your contact information to get access to the presentation and get started.

Prefer a phone call? Then you call dial this number to get started  844-423-4150

*We receive a referral fee from some of the companies featured in this article. This is merely our opinion and not financial advice. Refer to a professional for investment advice. 

This is a sponsored article. The article should not be considered as advice.