A Review Of Augusta Precious Metals

Augusta Precious Metals offers precious metals investing. They have a wide range of product solutions, backed by expert market knowledge, and experienced service teams. The services they offer include buying and selling gold and silver coins and bars, purchasing silver and gold bullion, IRA rollovers, estate settlements, and more.

We took a deep dive to see how they measure up to competitors – and what you can expect from them if you decide to use their services. We checked reputable review sites to see what clients had to say about the company and here is what we found out;

Augusta Precious Metals Consumer Feedback/Rating

Augusta Precious Metals BBB Consumer Ratings
Augusta Precious Metals BBB Consumer Ratings

This Trustlink review sums up the thoughts of many:

“Extremely informative and thorough one-on- one webinar with Devlyn Steele, the Director of Education for Augusta Precious Metals, with absolutely no pressure. Mr. Steele provided detailed answers to every question I had about the ins and outs of investing in gold and silver and exactly how the the precious metals market works. While I have not yet committed to opening a precious metals IRA account, Augusta Precious Metals has been the most transparent and informative of any company that I have contacted to date. Augusta’s transparency, professionalism, and genuine interest in explaining just how precious metals IRAs work, make it a leading contender for my business.”

Data as of June 2023

Across all the reviews, we rarely came across negative comments from unsatisfied customers. Over 96% of people who invested with the company attributed their trust to “honesty,” “fees and pricing transparency,” and “exceptional customer service,” among many others.

If you are looking to invest in Precious metal IRAs, we would recommend reading our extensive Augusta Precious Metals review. You can also compare Augusta precious metals with other precious metals dealers through the extensive reviews that we’ve published including a review of Regal Assets, Goldco, and Noble Gold. We also have an article on the top gold IRA companies

Quick Glance Augusta Precious Metals

Augusta is one of the largest online bullion trader companies with over 40 years of experience and is one of the most trusted companies in investing in precious metals.

They are often described as the best gold or silver IRA providers in the precious metals industry. Their transparency and repeat business from satisfied customers is a testament to their commitment to customer satisfaction. See our guide to 401(k) to Gold IRA rollover.

Across almost every review, comment, or advice you come across regarding Augusta precious metals, customer service has been emphasized. We set out to check how true this was through email, chat, and call and the results were pretty impressive. We found their in-house precious metals experts to be responsive and helpful as they answered any questions we had. They also referred us to their

  • Precious metals prices chart,
  • a really cool inflation calculator, which you can use to “guesstimate” how inflation affects your purchasing power,
  • an up-to-date video library covering retirement investments education as well as current economic events and how they affect retirement planning and investments.
  • and an informative market news section that covers the impact of economic and geopolitical events on precious metals prices.

With a ton of readily available free educational materials, Augusta offers new investors enough educational resources to research and understand the markets.

Augusta is definitely worth considering if you’re looking for a reputable and trustworthy bullion company. In this article, we’ll take an in-depth look at all aspects of their business, from products and services to prices and customer satisfaction.

Ownership, Background & Trade Agreements

Augusta Precious Metals was founded in 2012 by the Nuriani family. The company is based in Casper, Wyoming, and Beverly Hills, California.

They sell United States Mint, Royal Canadian Mint, and Perth Mint bullion, including gold, silver, and platinum, as well as minted coins. Other products include Maple Leaf coins and South African Krugerrands, Austrian Philharmonics, and metal bars and rounds from various private mints, such as OPM Metals, Sunshine Minting, Engelhard, PAMP Suisse, Credit Suisse, NTR Metals, Johnson Matthey, and others.






Augusta metals also have exclusive deals with the Royal Canadian Mint and the British Royal Mint. They are the go-to distributor if you want to purchase premium gold in North America.

Some of their premium coins include;

  • the Silver Eagle,
  • 2017 Royal Canadian Mint 1/2 oz
  • 2017 Royal Canadian Mint 1/4 oz. Gold Eagle,
  • 2016 British Gold Standard 1/4 oz. Gold Coin.

Other IRA-Approved Coins

The IRS tax code requires that all gold coins or bars (except for the American Eagle Gold Coin) and Silver coins and bars must be at least 99.9% pure.

Here are more IRS-approved gold and silver coins offered by Augusta Precious Metals that you can add to your investment portfolio.

Gold CoinsSilver Coins
Gold American Eagle ProofsSilver American Eagle Coins
Gold American Eagle CoinsSilver Canadian Maple Leaf Coins
Gold American Buffalo CoinsSilver Canadian Soaring Eagle Coins
Gold Canadian Maple Leaf CoinsSilver Canadian Eagle with Nest Coins
Best Selling IRS-approved Gold & Silver Coins

Augusta also sells collector sets, commemorative coins, certified coins, and proofs.

Pros & Cons of Investing With Augusta Precious Metals IRA

When it comes to investing, there are always pros and cons to consider before deciding. Here is a quick overview of the pros and cons of Augusta Precious Metals:

Pros
  • Non-commissioned sales floor. Augusta does not use a commission structure for its sales. This means that you will not be pressured or misled into buying more than you can afford or need.
  • In-house compliance department. Augusta has a full-time compliance department to ensure that they stay up-to-date on all the latest industry regulations.
  • Best customer reviews across the board. Augusta precious metals reviews from consumer review sites is largely very positive.
  • Experienced and Harvard-educated economist staff. This is remarkable for a precious metals company as it provides an extra layer of analysis and understanding to their clients.
  • Lifetime customer support. Augusta Precious Metals offers lifetime customer support to all of its customers, which is a valuable resource if you ever have any questions or concerns about your account.
  • Simplified approach & competitive pricing. They have a streamlined gold ira process approach to their products and services and competitive pricing, which makes them an attractive option for investors.
  • Simple setup. The three-step setup process is simple and straightforward, making it easy for even the most novice investor to get started.
  • First-year fees waiver on gold and silver IRAs
    Insured shipping at no extra cost.
  • FREE one-on-one educational webinar.
  • Portfolio support to help you build a personalized precious metals portfolio.
Cons
  • High investment minimum ($50,000). The $50,000 investment minimum may be too high for some investors, which could limit your ability to diversify your portfolio.
  • High premium on exclusive coins. The premiums on some of Augusta's exclusive coins can be high, so you need to make sure that you are comfortable with the price tag before investing.
  • No offerings in platinum or palladium. Augusta does not offer any investments in platinum or palladium, which could be a deal-breaker for some investors.

How to Open an Augusta Precious Metals Gold IRA

Getting started and setting up a silver and gold IRAs account with Augusta Precious Metals is a simple process with only three straightforward steps.

  1. Open an IRA account with Augusta’s preferred self-directed IRA custodian

As a bullion investor, you will have unrestricted access to your custodian at any time. Augusta precious metals works with multiple custodians, and they can also serve as your liaison with your custodian.

To get started, you will have to fill in a few signup forms when opening an account with Augusta Precious Metals, including the Equity Trust IRA Application form and Augusta’s Transaction Agreement.

Augusta Precious Metals Signup Page
Augusta Precious Metals Signup Page
  1. Fund Your Account

Augusta allows you to fund your new account with money from your existing IRA or a transfer from a bank account.

  1. Purchase eligible Gold or Silver you choose for your IRA

You can buy eligible gold and silver coins, rounds, and bars from Augusta. You will have access to their exclusive products, where you can purchase precious metals at competitive prices.

How does Augusta Precious Metals work?

Once you order and confirm your purchase, Augusta Precious Metals usually lets you enjoy their 7-Day Price Protection Program. On the other hand, the Bullion prices get locked in once the company receives your payment.

The 7-Day Price Protection Program is a huge plus as it gives you the assurance that you are being protected against sudden shifts in bullion prices. This provides you with peace of mind that they have secured a favorable investment at a competitive price. Additionally, the fact that their prices get locked in once the company receives the payment shows that Augusta Precious Metals is reliable and committed to giving customers the best price possible.

The company also offers discounts, especially when you make a voluminous purchase. For instance, you receive 2000 dollar silver bonus after opening a gold IRA account that you can add to your initial qualifying investment.

Investors who buy premium gold and silver products from Augusta Precious Metals IRA enjoy the right to cancel their orders within one week from the date of purchase. However, this is only for the first purchase. Subsequent purchases and bullion orders are made final when the order is confirmed.

What Is A Gold IRA?

A Gold IRA is a retirement account that allows you to invest in physical gold as a qualified retirement investment. This can be a valuable way to protect your assets during volatile market conditions. It is held separately from the traditional retirement account, though it follows similar contribution limits and distributions criteria.

Investors with precious metals IRAs can choose to hold coins, bars, or bullion as well as other precious metals-related securities in their accounts.

Augusta Precious Metals Costs & Pricing

The Augusta Precious Metals costs include the setup fee, which is $250. This is inclusive of a custodian application fee ($50), annual custodian fee ($100), and a sample non-government depository storage fee ($100). The storage fee is $0 if the gold or silver is stored by you.

There are no recurring management fees with a self-directed Augusta IRA. However, you will still pay custodian and storage fees, which total $200/year.

The actual cost of gold and silver bullion products is based on the current prices and market rates for premium coins. Augusta’s transparency policy on the ask-to-bid differential on purchases, fees, and transaction statuses means that you will always know the price of your purchase before making a commitment.






  • Shipping fees are free for clients
  • Markup over Cost is 5%

Secure Storage Facility

Once you complete your precious metals purchase, you can choose Augusta precious metals storage facilities to house your precious metals IRA. They offer a few secure, non-government storage facilities across the United States and Canada.

The company takes care of all necessary steps to get your precious metals to the storage facility of your choice at no extra cost. The transfer to the storage facility -usually takes 7-10 days, after which you can access your gold or silver.

You can rest easy knowing your gold and silver are securely shipped and held in an IRA-approved facility with state-of-the-art security. Here are some of their listed IRS-approved depositories across the country;

  • Springfield Gardens, New York
  • Wilmington, Delaware
  • New Castle, Delaware
  • Los Angeles, California
  • Jackson, Ohio
  • Salt Lake City, Utah

If you choose not to keep your precious metals safe with Augusta precious metals recommended storage facilities, they can ship to your home or post office box anywhere in the United States. The free secure, and fully insured domestic shipping service guarantees the package is never lost in transit. Augusta refunds the total purchase price if the package gets misplaced or lost while in transit.

It is not recommended that you store your metals at home due to the risk of theft or damage.

Facilities Features

  • Class 3 security vaults
  • Fortified building with a cutting-edge security system
  • Strict access controls. Only you can access your investment.
  • Strict inventory controls
  • Regulations compliant facility & services
  • Privately owned facilities. They are associated with Augusta
  • Insured to $1 billion
  • Easy access to view, touch or withdraw your investments

How can I make a withdrawal from my Augusta Precious Metals gold IRA

As a precious metals IRA account holder, you can withdraw a partial or full amount of your distribution from your gold IRA at any time. You can arrange to visit the storage facility and the precious physical metals in person or request Augusta to wire you the equivalent value of your distribution as cash.

To avoid getting double taxes or heavy fines due to early withdrawal, we recommend taking advantage of the Required Minimum Distributions (RMDs) beginning at age 70-1/2. You should always consult with a qualified tax advisor to discuss your unique situation and find the best way to take distributions from your Augusta Precious Metals IRA.

Lifetime Customer Support

The knowledgeable staff at Augusta is always ready and willing to answer any questions you may have about buying gold or silver for your IRA and offer advice to help guide your decisions. The customer service representatives can be reached by phone, email, or live chat.

You also get access to their market analysis and investment reports which give insights that can help you make informed decisions about your precious metals portfolio.

Live Webinar Training

Augusta offers one-on-one conference with Augusta’s silver and gold IRA experts, who will help guide you through the entire process, from account funding to storage and everything in between. You can attend one of their live webinars or watch a recorded session at your convenience.

Augusta Precious Metals Reviews and Complaints

Augusta Precious Metals boasts almost 1000+, 4.5-star reviews, across multiple consumer review platforms, including the Better Business Bureau, Business Consumer Alliance, Ethics.net, and TrustLink, among others. We think that this is a pretty good indication that they are a reputable, trusted, and among the best gold ira company you can invest in.

Frequently Asked Questions

Is Augusta precious metals legit?

Yes, Augusta is a legitimate company that has been in business for over a decade. They sell gold and silver and offer valuable advice on precious metals for those looking to purchase physical gold or silver.

Is there a buyback program?

Yes, Augusta precious metals offer a buyback program. We found out that the prices are set internally but are based on the current market value of the metal. However, we didn’t like that they do not offer a 100% guarantee to repurchase the products they sell, and their buyback policy is subject to change at any time without notice.

What sets Augusta Precious Metals apart from other gold IRA companies?

Like most successful businesses, we found the reputation, transparency, and experience of the company to be pretty solid. Most customer reviews talk about their upfront transparency when it comes to information and fees regarding their products. This alone is a huge plus as customers are not coaxed and upsold on just random products.

Does Augusta Precious Metals have transparent pricing, delivery, and refund policies?

Yes, Augusta Precious Metals has transparent pricing, delivery, and refund policies. Their customer service representatives are available to answer any questions you may have about their products or services.

What is the safest precious metal to invest in?

There is no one-size-fits-all answer to this question as it depends on each investor’s individual circumstances and goals. Investors prefer gold and silver because they have more growth potential and are generally stable investments, particularly when diversifying an investment portfolio.

How much can I earn by investing in an Augusta Precious Metals gold IRA?

There is no guaranteed rate of return for any investment, including a gold IRA. However, precious metals have traditionally been stable investments and offer growth potential, especially if looking to build a balanced portfolio with a hedge against inflation

Can I monitor the performance of my gold IRA?

Yes, Augusta Precious Metals offers a Gold IRA Performance Tracker on their website, allowing investors to track their gold IRA’s performance. They also create and send quarterly account statements

Do I need to pay any management fees for my Augusta Precious Metals IRA account?

No, Augusta Precious Metals does not charge any management fees for their IRA accounts. Investors are only responsible for the annual maintenance fee charged by the custodian of their gold IRA account and the storage fees.

What is the best metal to buy right now?

We love Gold and believe it’s the best, most stable metal to own long-term. It has proven to be a good hedge investment for decades against weakened currency and inflation.






While precious metals are affected by fluctuations like hard currency, the prices/value does not drastically change. If you are looking to invest in precious metals, we recommend that you always stay up-to-date on market news and make informed investment decisions based on your individual goals and risk tolerance levels. You should also engage an expert before making any move in the precious metals market.

Is it worth buying precious metals?

Precious metals can be a valuable addition to any investment portfolio, particularly when diversifying. They offer stability and growth potential, which can help protect your investments in volatile markets. However, it is important to remember that all investments come with risks, and it is essential to speak with a financial advisor to ensure the investment is suitable for you.

Final Thoughts

Verdict: Legit! (4.7 / 5)

We hope this Augusta Precious Metals Review has been helpful.

If you want to diversify your investment portfolio with a gold or silver IRA, Augusta Precious Metals is a great option. The company offers in-depth education and advice to help investors make informed decisions. they also help take care of everything regarding the market analysis, purchase, paperwork, and insured delivery and storage to depositories

They are a well-established, respected, honest, and reliable company with a solid reputation. We recommend Augusta precious metals – especially for anyone looking to invest their retirement savings through physical gold and silver for the first time.

Their exceptional commitment to transparency and educating their clients make them one of the best choices in the industry. They have an impressive client-first approach to precious metal IRAs, and its long-term dedication to its customers has ensured the company consistently gets high ratings.

If you’re still on the fence about gold IRAs, take a look at their Resources and Tools for more detailed information. You can also contact Augusta precious metals by phone or online to request information and access free advice.

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Peter Grantham

Peter Grantham

Peter has been an avid investor in for all his life. Over that time he has accumulated a wealth of knowledge and experience including stocks, bonds, real estate, retirement, precious metals, cryptocurrencies and business investments. As the owner of this site "Small Unites", he aims to bring his knowledge and experience to new investors and seasoned veterans.

The owners of this website may be paid to recommend Goldco. The content on this website, including any positive reviews of Goldco and other reviews, may not be neutral or independent.

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