A leader in the gold and silver IRA industry, the award-winning Augusta Precious Metals’ long-standing mission is to educate and empower Americans to diversify their retirement savings to better protect their financial future.
Built on generations of knowledge and experience with precious metals, Augusta Precious Metals helps investors stem the tides of an increasingly volatile economy. The company’s account lifetime customer service has earned many high ratings, reviews, and awards, including “Best Overall” from Money Magazine, “Most Transparent” from Investopedia, A+ from the BBB, and AAA from the Business Consumer Alliance (BCA), among others.
Pros and Cons
Pros
- Offers free 1-on-1 web conferences on gold and silver IRA investments.
- Helps with the required paperwork to open or transfer IRAs.
- Offers competitive fees for gold and silver purchases.
- Provides free shipping on all orders.
- Offers lifetime support to its customers.
Cons
- Its minimum required investment of $50,000 may be high for some customers.
Top Features
Augusta Precious Metals is an industry leader for gold and silver IRAs, and it focuses on establishing and ensuring the trust, education, and empowerment of its customers. Augusta:
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Offers free 1-on-1 web conferences on the economy, gold and silver IRAs, and how precious metals are often used to hedge against volatility.
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Helps with most of the paperwork necessary to open or transfer IRAs.
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Pays up to 10 years of annual fees for gold and silver IRAs.
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Provides an extensive list of bullion and premium coins.
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Provides free shipping on all orders.
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Offers lifetime account support to its customers.
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Is one of the highest-rated gold IRA companies (BBB/Trustlink/BCA).
Recommended For
The company’s goal as a gold and silver IRA company is to assist in the opening of gold and silver IRAs. It also seeks to provide customers with education on inflation, economic imbalance and uncertainty, and currency depreciation and devaluation. Ideally, you should have sufficient funds before investing in precious metals, since, as with any other investment, it carries its risks.
If customers have determined that a gold or silver IRA is right for them, Augusta Precious Metals provides knowledge and tools that have the potential to help investors protect against risks and increase the chances of growing their retirement accounts. Augusta Precious Metals targets anyone of legal age, who has a minimum of $50,000 they can invest and is looking to protect their future financial security and peace of mind by investing in gold and silver.
Overview
- BBB A+ Rating 4.9/5 from 109 reviews ⭐⭐⭐⭐⭐
- TrustLink 4.9/5 Rating From 283 reviews ⭐⭐⭐⭐⭐
- BCA AAA Rating 5/5 from 95 reviews ⭐⭐⭐⭐⭐
- Consumer Affairs 4.9/5 Rating From 129 reviews ⭐⭐⭐⭐⭐
- Google Reviews 4.9/5 Rating From 294 reviews ⭐⭐⭐⭐⭐
How to Open a Gold IRA
Augusta Precious Metals has one of the most simplified processes for opening a new precious metals IRA:
Step 1: Download Augusta Precious Metals investment kit and meet your personal customer success agent, who acts as your guide through the entire process.
Step 2: Your agent directs you to a free web conference where you get to learn about gold and silver IRAs. They teach you about the economics, investments, and tax issues of precious metals among other considerations to make.
Step 3: Open a silver and gold IRA with the recommended custodian, Equity Trust or another custodian of your choice. IRA custodians are the companies responsible for the administration of your gold or silver bars and coins. The best part is that Augusta Precious Metals helps you with processing 95% of the paperwork.
Step 4: Choose your preferred gold and silver bars or coins from their impressive array of gold and silver choices.
Step 5: Receive an official phone confirmation of your order.
Fees & Commissions
There are no additional or hidden charges after opening an account with Augusta Precious Metals. The minimum investment is $50,000 and they charge a certain percentage when you purchase metals. All the pricing is upfront and barring the first year with a cost of $250, the normal annual pricing is $200.
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Initial Set-up fee |
$50 |
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Annual Custodian fee |
$100 |
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Annual Depository fee |
$100 |
Investment Kit 2024
Available Eligible IRA Metals and Coins
Augusta Precious Metals offers an extensive list of IRA-eligible metals and coins including:
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Gold |
Silver |
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2022 St. Helena Gold Sovereign 2020 Australian Striped Marlin 2018 Royal Mint ¼ oz Gold Year of the Dog 2017 Great Britain ¼ oz Gold Year of the Rooster 2016 Great Britain ¼ oz Gold Year of the Monkey 2016 ¼ 0z British £25 Gold Standard 2018 The Rose Crown Guinea 2017 Royal Canadian Mint ¼ oz Gold Eagle 2015 Canadian ¼ oz Gold $10 Polar Bear and Cub 2014 Canadian ¼ oz Gold $10 Arctic Fox Gold American Eagle Proof American Gold Buffalo Proof Certified American Eagle Certified American Buffalo $20 Saint Gaudens $10 Indian $5 Indian $2.5 Indian 5 Piece Certified Indian Set $20 Liberty $10 Liberty $5 Liberty $2.5 Liberty 5 Piece Certified Liberty Set Reliability and Security Deposits Commemorative |
2021 Royal Canadian Mint 1.25oz Silver Soaring Eagle 2020 Royal Canadian Mint 1.25oz Silver Soaring Eagle 2019 Royal Canadian Mint 1.25oz Silver Eagle with Nest 2018 Royal Canadian Mint 1.25oz Silver Eagle with Nest 2017 Royal Canadian Mint .5oz Silver Eagle 2016 Canadian 1.5oz Silver $8 White Falcon 2016 Royal Canadian Mint .5oz Silver Eagle 2015 Royal Canadian Mint .5oz Silver Eagle 2015 Canada 1.5oz Silver $8 Polar Bear and Cub 2014 Canadian 1.5oz $8 Silver Arctic Fox John F. Kennedy Half Dollar Ben Franklin Half Dollar Peace Dollar Walking Liberty Half Dollar Morgan Silver Dollar Mercury Dime Silver Round 1oz American The Beautiful 5oz Cumberland Gap American The Beautiful 5oz Fort Moultrie American The Beautiful 5oz Effigy Mounds Canadian Silver 5 Blessings 1oz Proof Silver American Eagle Commemorative Dollar |
Service Details
- Supported Languages English
- Customer Service Hours 7am-4pm (working days)
- Email Response Time 1-2 Hours (working days)
- Telephone Support Yes
- Personal Account Manager Yes
Reliability & Security
The precious metals industry is affected by federal rules and regulations. For compliance, Augusta Precious Metals has a compliance team that helps understand these rules, design services and materials to meet the compliance standards and provide compliance oversight in the company. You can speak to your customer success agent to understand how the company meets compliance standards or how their policies protect you and your gold and silver investment under the law. A more important point to note when choosing precious metals IRA companies is whether their recommended custodians meet the compliance standards in the industry. Augusta deals with highly accredited and compliant custodians so you have little to worry about. Still, it would be advisable to check on the reputation of each custodian company you consider.
Final Thoughts
Augusta Precious Metals is an experienced, highly-accredited leader in the precious metals IRA industry. Its focus on educating customers on gold and silver IRAs and the economy is one of the key reasons Augusta is held in such high regard (that and the fact that they help with nearly all the paperwork in processing a rollover). In conclusion, Augusta is one of the best choices for those who want peace of mind and a seamless experience.
Investment Kit Screenshots
Contact Info
5830 East 2nd Street, Casper, WY, US 82609
FAQs
Q: Is Augusta Precious Metals legit?
A: The Augusta Precious Metals Company was founded in 2012 and has been in business for a decade. The company is registered with the U.S. Mint and is accredited by the American Numismatic Association (ANA). It has amassed numerous positive reviews and ratings, including an A+ rating with the Better Business Bureau (BBB). These ratings highlight Augusta’s legitimacy and the superior quality of service when it comes to precious metals IRAs.
Q: What are the minimum order requirements?
A: The minimum order for both non-IRA and IRA purchases is $50,000. There are no maximum order restrictions, and Augusta Precious Metals aims to provide as many precious metals as you want, with no size or amount restrictions.
Q: Which is the better purchase between gold and silver?
A: The purchase of silver or gold is a personal decision that depends on your circumstances and needs. Gold is more expensive and offers lower volatility, making it ideal for financial crisis purchases, while silver is the cheaper and more fluid alternative for more flexible investments. Before investing in precious metals within an IRA, you should take advantage of the economic lessons offered by the Augusta Precious Metals team and learn about how to invest in gold and silver so that you can make an informed decision.
In terms of the growth of the investment, it is difficult to make predictions, as the market is always in flux. The better way is to diversify your portfolio. Nevertheless, it is an acknowledged fact that precious metals offer the potential for growth and have often done well during times of economic volatility.
Q: What are the tax advantages of precious metal IRAs?
A: Precious metals IRAs offer similar tax advantages as other IRAs, as well as the same penalties and taxes with early withdrawal. You should read up on the rules that may apply to gold and silver IRAs, as there might be subtle differences, especially when it comes to withdrawals. Ideally, you should consult your own financial, legal, and tax advisors for more in-depth information.
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