Augusta Precious Metals Review For 2023

You are surfing the internet because you are looking for investment opportunities and in search of the perfect investment plan to have your future safeguarded against the trembling and ever-changing US economy.

If you’re considering investing in gold and silver, then we can assure you that you thinking right! These are probably the best tangible assets you can invest in without the fear of dollar depreciation.

But now comes the question of where to buy gold and silver and how to start the journey. Do not fret as we are here to help you!

We bring you lists of all the top precious metal investing companies working in the market to help to select your perfect precious metal investing partners.

Let us dive into the details of our top-ranked company from our list of Best precious metal providers. We present to you the “Augusta Precious Metals Review”.

Founder & CEO: Isaac Nuriani

Located in: Casper, Wyoming

Products: Precious Metals

Partnered Custodian Company: Equity Trust Company

IRS regulations: 100% Compliant

IRA rollover charges: 100% FREE

Better Business Bureau: A+ with 4.96/Out of 5-star rating

Business Consumer Alliance: AAA with 4.97/Out of 5-star rating

Consumer Affairs: 4.9/Out of 5-star rating

Consumer Affairs: 4.97/Out of 5-star rating

Facebook: 4.8/Out of 5-star rating

Google My Business: 4.9/Out of 5-star rating

Trustlink: 4.9/Out of 5-star rating

Yelp: 5/Out of a 5-star rating from 4 reviews

Overall: 4.8/Out of 5-star rating

To help you choose the right precious metal provider for diversifying your investment portfolio, we looked into many providers of precious metals and came up with our honest reviews of different providers running in the US market.

If you wish to learn about our top 5 precious metals investment companies, click on the link below.

With that being said, let´s continue with the review on Augusta Precious Metals.

About Augusta Precious Metals

Founded in 2012 and based in Casper, Wyoming, Augusta Precious Metals is one of the top companies in its industry. By providing quality products and services it has made its 10-year journey a successful one having great customer reviews and an overall 4.8 out of 5-star rating.

People who are investing in precious metals for some time now are very well aware of how good the company is. It offers fast, easy, and reliable service, helping with all the gold IRA paperwork and providing long-term customer relationships by highly professional representatives, helping from making decisions about IRA accounts to liquidating the assets.

Its mission statement includes empowering Americans by diversifying their retirement savings and promoting education about the importance of precious metal investments in the turbulent US economy.

The company promotes celebrity endorsement by Joe Montana who not only promotes precious metal investments but is also a customer of the company. The company has a great team of experts providing knowledge and contemporary information about the economy, and investment in precious metals and the factors associated with it.

Devlyn Steele is the director of the education department providing quality articles, web conferences, and information to help new and regular customers be updated with the changing economical environment.

The company promises and makes three commitments of Transparency, Simplicity, and Quality Service and stands by its words.

Augusta Awards and Achievements

With decades of hard work, Augusta has achieved great success which makes it one of the top choices in companies for precious metal investments. Today many Americans consider this company to be the go-to solution for their investments in gold and silver IRA or for direct cash purchases.

It is highly recognized and has received two Stevie Awards for Customer Service Success and Sales Distinction of the Year which is one of the highly coveted business awards.

It has also been ranked #1 as the Most-Trusted Gold IRA Company by IRAGoldAdvisor.com due to great customer reviews and customer ratings.

The company has received great appreciation and reviews on the website of Consumer Affairs -a great platform helping consumers make the right choices, which has proudly honored Augusta Precious Metals as an Authorized Partner.

With much appreciation from trusted review websites, Augusta has achieved high star ratings with an overall rating of 4.8 out of 5.

BBB accredited and BCA approved, many happy customers have given their positive reviews on websites like

Facebook
Google My Business
Trustlink
Yelp
Ethics.net

Augusta’s Product and Service Offering

Augusta is one of the leading precious metal companies in the industry and offers some great products and unique services which makes it apart from its competitors and develops a sense of confidence and relaxation among people when working with Augusta.

Offering both IRA precious metals and direct purchase precious metals, the company offers many gold and silver coins, bars, and billions of high quality in compliance with IRS regulations.

The highly professional and trained representatives provide you with the most up-to-date information about investing in precious metals and the economic situations of the US market.

The web conferencing and long-term customer-company relationship sets Augusta apart from its competitors and enables it to enter into our list of top 5 precious metal companies in the USA.

Providing education and calculations about your purchasing power and inflation against your assets, Augusta guides you to select the perfect investment plan which would help you safeguard your wealth for future use.

Main Augusta Precious Metal services include:

Physical gold and silver IRA
IRA rollover
Gold and silver direct purchases
Buyback services
Free shipping
Industry and investment education
Lifetime account customer support

Getting started with Augusta Precious Metals

To start your precious metal investment journey with Augusta, you need to download and fill out a list of forms and applications. These forms are the default custodian and depository company forms set by Augusta Precious Metals.

If you do not prefer having your precious metals in custody and storage of Equity Trust and Delaware Depository, you can always change it.

Contact the representative with the number available on the website and discuss any questions that you have in mind. Confirm the existing account rollover into precious metal IRA account and have yourself start the official journey with gold and silver purchase.

After completing the funding and purchasing of your selected IRA precious metals, you can always ask for your precious metals to be delivered at your pre-determined depository.

To learn all about the gold IRA and IRA investments in precious metals, get the Augusta free guide.

For direct precious metal purchases, you can also ask for the metals to be delivered to your home with 100% free shipping.

Existing IRA Rollover

Getting started with transferring your IRA account into precious metal IRA account is very easy. Simply check with your Augusta representative if your account is eligible for rollover. Generally, Augusta allows traditional IRAs, Roth IRAs, 401(k), or 403(b) to roll over into gold and silver IRAs.

Next, the representative will assist you and act as a liaison between you and an IRA custodian to continue transferring assets from your existing account into the IRA account. Equity Trust is the first and GoldStar Trust is the second-best choice as the IRA custodians by Augusta.

These are the partnered companies but Augusta also honors your preference if you have any other trusted custodian company in mind and helps in coordination with them.

What to Expect When You Choose Augusta Precious Metals

Earlier we briefly discussed the process of buying precious metals from Augusta. Let us now learn in detail about the services which Augusta offers and the process of acquiring precious metals for IRA rollover accounts and direct purchases.

Physical Gold & Silver IRA

Allowed by the 1997 Taxpayer Relief Act, it is a self-directed IRA that helps you in saving your retirement wealth and assets against physical gold and silver.

Gold and silver IRAs offer a tax-deferred advantage that helps in avoiding mainstream banking, prompting non-paper precious metals assets, and safeguarding against the fluctuating economy.

Augusta also offers great customer support at every step of the precious metal purchase journey. It has separate departments to guide you in the right direction.

It helps to make the process extremely easy and hassle-free enabling you to enjoy the perks of precious metal IRAs without any stress. Following are the steps to set up a gold-IRA account.

Step 1 - Create Your New IRA

You can easily create an IRA account with the self-directed IRA custodian of your choice or one from Augusta’s preferred custodian list.

Step 2 - Fund Your Account

Transfer or add money from your existing retirement account into your new IRA account.

Step 3 - Buy Gold or Silver

Select your preferred precious metal from Augusta’s IRA-eligible precious metal inventory and enjoy your security against inflation.

Augusta is unique and does not leave you after this step. It continues to help you further. Following are the extended steps and further processing of your gold-IRA.

IRA Process Work

For IRA transfers you usually need to have many paperwork done but with Augusta, it is extremely easy. The IRA processing department at Augusta helps you with all the paperwork for your IRA transfer.

Selection of precious metals

You would be then directed to an order desk which would assist you in selecting the precious metals perfect as per your needs. The representative from the order desk would walk you through all the options available for you, be it gold, silver, or both.

Confirmation of order

After selection, you would be contacted by the confirmation department and asked to confirm and finalize the order, on a recorded phone line.

Shipping and transit

Once the order is confirmed, the shipping department makes sure that your package is properly wrapped, 100% insured, and delivered to the right address. The shipment is 100% Free.

Continued Support

Augusta has made itself prominent by providing top-notch customer support. After being an Augusta customer you would be eligible for its lifetime customer support for your account and precious metal portfolio.

IRA-Eligible Gold and Silver Coins

Internal Revenue Service or IRS has set a particular guideline to have your IRA rolled into gold-silver IRA. For this, gold coins and bars need to be 99.5% pure, whereas silver coins and bars need to be 99.9% pure.

There is also one exception. American Gold Eagle coin with a purity of 91.67% can also be kept as a gold IRA investment.

Following are a few of the gold and silver IRS-acceptable coins and bars. These are:

Gold

Gold American Eagle Proofs
Gold American Eagle Coins
Gold American Buffalo Coins
Gold Canadian Maple Leaf Coins
Gold Canadian Eagle Coins
Gold Australian Striped Marlin
1-ounce Gold Bars
10-ounce Gold Bars

Silver

Silver American Eagle Coins
Silver Canadian Soaring Eagle Coins
Silver Canadian Maple Leaf Coins
Silver Canadian Eagle with Nest Coins
10-ounce silver bars
100-ounce silver bars

Gold and Silver Direct Purchases

Other than IRA, Augusta also provides the services of direct purchase. You can buy the gold and silver coins and billions directly from the website and have it stored at your determined depository or have them sent directly to your doorsteps.

This allows you to have possession of your precious metals, you would have access to Augusta’s highly professional representatives’ guidance and support, and would be able to avoid mainstream banking and digital record systems.

The direct purchase of gold and silver from Augusta requires three steps. These are;

Step 1 – Fund Your Account:

Once you’re done with creating your new Augusta account, you can easily transfer the funds into your account.

Step 2 – Buy Gold and Silver:

You would be provided with a list of options to select the precious metals which suit your requirements. You can buy gold, silver, or both in the form of coins or billions from its common or premium categories.

Note: Augusta clearly mentions that it does not certify the appreciation of purchased precious metals and does not guarantee or promise any profit from the metals as this does not fall into their jurisdiction.

Step 3 – Sign For Delivery:

The last step includes delivery. After you have selected which metal you would like to acquire, you are offered free shipping and transit insurance services and asked for information to deliver your precious metals.

You may register yourself to have it at your doorsteps or ask Augusta to have it stored at a depository. You are not obligated to keep it at an IRS-regulated depository as it is not a precious metal IRA investment, therefore, you are free to have it stored at any place you wish to have.

But, it is always recommended to have your precious metals at a secured depository with proper insurance rather than keeping them at your home.

A few of the many gold and silver coins and billions from the wide range of precious metal inventory at Augusta include:

Common Gold Bullion

Gold American Buffalo 1 oz BU (random year)
Gold American Eagle 1 oz BU (random year)
Gold American Eagle .5 oz BU (random year)
Gold American Eagle .25 oz BU (random year)
Gold American Eagle .10 oz BU (random year)
Gold Canadian Maple Leaf 1 oz BU (random year)
Austrian 1 oz Gold Philharmonic BU (random year)
South African Gold Krugerrand 1 oz (random year)
Gold Bar 10 oz
Gold Bar 1 oz

Common Silver Bullion

America the Beautiful – 5 oz Cumberland Gap
America the Beautiful – 5 oz Fort Moultrie
America the Beautiful – 5 oz Effigy Mounds
American Silver Eagle 1 oz BU (random year)
Austrian Philharmonic Silver 1 oz BU (random year)
Silver Round 1 oz – Choice Hallmark
Canadian Silver Maple Leaf 1 oz BU (random year)
Canadian Silver 5 Blessings 1 oz
Silver 90% Bag – $1,000 Face Value
Silver 90% Bag – $500 Face Value
Silver 90% Bag – $250 Face Value
Silver 90% Bag – $100 Face Value
Silver Bar 100 oz
Silver Bar 10 oz

Premium Gold

Certified Gold American Eagle
Certified Gold American Buffalo
Gold American Eagle Proof
American Gold Buffalo Proof
2022 St. Helena Gold Sovereign Coin
2020 Gold Australian Striped Marlin Coin
2018 Royal Mint .25 oz Gold Year of the Dog Coin
2018 The Rose Crown Guinea
2017 Royal Canadian Mint .25 oz Gold Eagle Coin
2016 British .25 oz Gold Standard Coin
2016 Great Britain .25 oz Gold Year of the Monkey Coin
2015 Canadian .25 oz Gold $10 Polar Bear and Cub Coin
2014 Canadian .25 oz Gold $10 Arctic Fox Coin
1984 Olympics $10 Commemorative Gold Coin
$20 Liberty
$10 Liberty
$5 Liberty
$2.5 Liberty
$10 Indian
$5 Indian
$2.5 Indian
$20 Saint Gaudens

Premium Silver

America the Beautiful – 5 oz Cumberland Gap
America the Beautiful – 5 oz Fort Moultrie
America the Beautiful – 5 oz Effigy Mounds
American Silver Eagle 1 oz BU (random year)
Austrian Philharmonic Silver 1 oz BU (random year)
Silver Round 1 oz – Choice Hallmark
Canadian Silver Maple Leaf 1 oz BU (random year)
Canadian Silver 5 Blessings 1 oz
Silver 90% Bag – $1,000 Face Value
Silver 90% Bag – $500 Face Value
Silver 90% Bag – $250 Face Value
Silver 90% Bag – $100 Face Value
Silver Bar 100 oz
Silver Bar 10 oz

Gold Buy-Back Program

Although Augusta does not offer guaranteed buybacks, it still provides highly competitive buyback prices. It either transfers money to your bank account or into your IRA.

Augusta has never declined a buyback request in the past but it ensures that you always have a buyer on hand in case you ever need one.

Lifetime Services

As mentioned earlier, Augusta does not believe in one-and-done service instead it offers its services to its customers for their entire life. This means that once you are aboard with Augusta on the precious metal investment train, you would be never left alone in the wilderness to figure out your investment procedures yourself.

The customer support team at Augusta is highly professional and gives special training to deal with clients and explain every detail of the investment with patience until they are completely satisfied.

The extended support by Augusta involves mainly 5 services. These are:

Customer success agent; provides ongoing assistance, helps you in coordinating with the other departments of the precious metal IRA investment, and answers all your questions about the process.
Education; is provided by the education department providing you with the most up-to-date information about precious metal investments and scheduling one-on-one web meetings to help you with current economic insights. This is an ongoing process.
IRA Processing; is provided with no fees or charges by the IRA processing department assisting you with the custodial paperwork.
Order Desk; provides assistance in selecting gold and silver from the long list of precious metals from its catalog and also promotes future purchases.

Confirmation; of all orders is done to ensure the finalization of the product delivery. You would also be contacted after the product is delivered.

Custodial Services

As the top company in the precious metal industry, Augusta offers only institutions that are verified and have high positive reviews. It acts as a liaison and recommends you Equity Trust Company.

This is a trusted self-directed IRA provider working in all 50 states of the USA. Having more than 30 years of experience dealing in precious metal investments with over $25 billion in assets.

If for some instance you are not comfortable working with Equity Trust, you may be offered to work with other self-directed IRA providers of the US like GoldStar Trust Company and The Kingdom Trust

The GoldStar Trust Company has an A+ rating from BBB with more than 38,000 self-directed IRAs, this company is a part of Happy State Bank.

On the other hand, The Kingdom Trust provides custody solutions for more than 100,000 customers, managing over $12 billion in assets and being the oldest and longest $12 billion self-directed IRA provider in the US.

Storage services

You might want to think that keeping your precious metals is the safest for you but that is not the case.

Being an IRS-compliant company, Augusta suggests its clients to safely secure their precious metals at an IRS-approved precious metal depository. This is because of the strict instructions by IRS as IRAs are tax-advantaged investments.

Therefore, Augusta partners with the leading IRS-approved depository of the USA, the Delaware Depository.

Delaware Depository is a highly protected and secure depository, guarded by state-of-the-art technology and highly professional security personnel, and a 24/7 monitored vault. Check the video below about the safe and secure environment for your precious metals at the Delaware Depository.

Working for 200 years in the precious metal industry, Delaware Depository has insurance of more than $1 billion, underwritten by Lloyd’s of London and with the lowest storage fees.

If you are not convinced to have your precious metals stored here, Augusta also has you covered by offering a list of other depositories according to your requirements. They have storage depositories available at;

Los Angeles, California
Salt Lake City, Utah
Jackson, Ohio
Wilmington, Delaware
New Castle, Delaware
Springfield Gardens, New York
Nampa, Idaho
Las Vegas, Nevada
Shiner, Texas
Dallas, Texas
South Fargo, North Dakota
Bridgewater, Massachusetts

When you are not purchasing precious metal IRAs, you do not fall under the restriction of keeping the metals at a depository. This means that you are allowed to keep your precious metals at home.

You may either select to have it delivered at home or at any of your pre-determined storage depositories.

Even if it is not a compulsion to keep direct purchase precious metals at an IRS-approved depository, we strongly recommend that you keep your precious metals safe by placing them in a safe and secured vault at a depository rather than at your home.

Shipping services

Augusta takes great care when shipping your direct purchase of precious metals. They offer 100% FREE shipping throughout the US.

Once the order is confirmed, it may take a minimum of 7 to 10 days to arrive at your doorsteps at your pre-determined depository.

All packages are wrapped and sent with complete discretion, fully insured, and require the package owner’s signature upon delivery.

If you are a precious metal IRA buyer, then the precious metals would be transferred directly to one of its IRS-approved, highly secured depository.

Orders are shipped by Express Mail via the United States Postal Service (USPS), Registered Insured, or Federal Express. Brinks Armored will be used to ship larger orders.

Brinks Armored are used to ship large orders whereas smaller shipment is usually made by Express Mail via United States Postal Service (USPS), Registered Insured, or Federal Express.

If the package gets lost or stolen, the company states that it will take responsibility for the package and would bear the refund or exchange the goods as per the discussion with the owner, but would bear no responsibility after the delivery is received.

Augusta Precious Metals Fees

Although Augusta has a comprehensive and very informative website with easy navigation to almost any information about precious metal investments, one thing that is missing is the pricing and charges.

Following is a list of all the fees associated with the accounts and processes.

Account setup fees for Gold/Siver IRA = $50
Custodian maintenance fee for the first year = $250
Following year custodian fees = $100
Storage fees = $100
Free Shipping
Maximum credit card purchase limit of non-IRA bullion = $5,000
Minimum saving account = $50,000

Point of Difference

Augusta Precious Metals have surely maintained its uniqueness in the precious metal industry. Their excellent customer service and wide website information help new and regular precious metal customers to invest easily.

Its website is a knowledge bank that helps everyone interested in investing in precious metals irrespective if they are new or senior investors. Guiding with both IRA and non-IRA investments, providing the most competitive metal prices, lowest account charges, free shipping, and buyback programs so the customer can do their investments easily.

Augusta also provides education about the commonly known and unknown factors which act as major reasons for inflation, common risk factors, flaws to avoid in making investments in precious metals, promotes precious metal web conference, and everything you need to know when doing investments in precious metals. It also helps you understand the benefits of having a secured investment plan and executing it.

The website also enables you to calculate your cost of living, purchasing power, inflation, etc to help you make the right decision in investment according to your requirements.

With highly trained and top-notch, customer service, Augusta provides you with representatives guiding you in every step of your precious metal investment journey. The company offers lifetime account services and the salespeople do not receive a commission for this. There are also 100% no management fees.

With offering gold and silver, people looking for platinum and palladium would not find these precious metals at Augusta. Excellent services with gold IRA, silver IRA, direct gold silver cash purchases, celebrity endorsement by Joe Montana, and lifetime account support make them one of the top-ranking precious metal providers in the industry.

Augusta does not leave you with just having the account set up, it helps you with the other processes of custody, storage, shipping, and complete insurance of your precious metals or precious metal IRAs.

Is Augusta Authentic ?

Augusta Precious Metals is definitely an authentic company with great customer reviews and amazing customer service guiding and providing helpful advice at every step of the precious metal voyage.

With a AAA rating from BCA and an A+ rating from BBB and BBB accredited, Augusta precious metals have an extremely strong backing. It guarantees its customers with best services, the highest buyback, the lowest account charges, free shipping services, and the best gold and silver products and IRA services which are just simple and not easy to resist.

Successfully running for 10 years in the precious metal industry, it has almost no complaints and if it had any, it was immediately sorted.

You can expect to have hassle-free and easy diversification of your retirement saving by successfully protecting your wealth against economic turmoil.

Pros and Cons

Pros:

It is 100% in compliance with IRS regulations.
Offers purest gold and silver coins and bullions.
Offers free shipping and free transit insurance.
Educates the customers about precious metal investments.
Offers lifetime account support.
Excellent customer service.
Top-rated accredited precious metal company.
Supports celebrity endorsement with Joe Montana as customer and ambassador.

Cons:

Does not offer palladium or platinum bullion.
Steep minimum investment of $50,000 for opening an account

Final Thoughts

Being an industry leader in gold IRA, Augusta Precious Metal is a great company to do precious metal IRA investments with highly professional customer support for a lifetime, up-to-date educational material, amazing customer reviews, and a positive track record.

Augusta is also very flexible in terms of funding. You can easily transfer the funds via cash, check, wire transfer, or even rollover from your IRA account into your precious metal IRA accounts.

Apart from the steep minimum investment, Augusta is definitely one of the leading precious metal companies living up to the expectations of many happy investors and fulfilling the promise of transparency, trust, simplicity, and quality service.

It is our top-ranked company for precious metal investment in the USA. Augusta receives a big thumbs-up, it is highly recommended by us, and to all in search of a precious metal investment company, this is definitely what you are looking for!

Still not convinced? Check what, Joe Montana and Devlyn Steele from Augusta have to say about Augusta Precious Metals.

We hope you’ve enjoyed this review of Augusta Precious Metal.

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