Augusta Precious Metals Review (updated 2023)
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Do you want a complete review of Augusta Precious Metals? Read on for our Augusta Precious Metals Review. We’ll be introducing you to the company and its products and services. And we’ll tell you everything that you need to know about them before you make any investment. We will also discuss the benefits and drawbacks of doing business with Augusta Precious Metals, as well as their requirements and fees. Let’s get started!
Augusta Precious Metals: What are they?
Augusta Precious Metals offers investors a broad range of precious metals products and services.
They are the largest dealer of silver and gold in the United States and have been in operation since 2012. Augusta Precious Metals, 5830 East 2nd Street in Casper, Wyoming, United States, has an A+ rating from the Better Business Bureau.
What does August Precious Metals do for your retirement? August Precious Metals allows you to invest in a gold or silver IRA. This is a self-directed IRA. You can fully control your retirement account and make your own investments.
Since ancient times, gold and silver have been used as currency. Today, they are popular investment options for retirement planning. Here’s why:
- You can store and access silver and gold easily.
- They are not subjected to the government’s interference or the stock market.
Because gold is not tied to other currencies or the stock market’s performance, it can be a valuable investment option over the long term.
The gold standard has existed for hundreds of years and has held its value through financial crises.
Temporarily, gold prices can rise or fall. However, gold prices stay constant over the long term, making it an attractive asset for those who want to build a well-diversified retirement portfolio.
On this chart, you can see how gold prices have developed over the past few years.
Augusta Gold IRA
Gold IRA allows you to invest directly in physical gold or silver.
The IRS has approved certain coins and bullion bars for investment in an IRA. Augusta Precious Metals also offers a variety of silver and gold products. Investors can protect their retirement savings by investing in gold IRAs.
Augusta Precious Metals offers a gold IRA that allows you to purchase gold bars and the following IRA-approved gold coins.
- American Eagle (gold).
- American Eagle Proofs (gold).
- Canadian Maple Leaf (gold).
- Gold Canadian Eagle
- American Buffalo (gold).
- Australian Striped Marlin (gold)
You can choose from one of these certified storage facilities to keep your gold after you purchase. The company provides free shipping to the custodian of your choice.
You might store your investment in a safe storage facility close to you so that you can go personally and inspect your gold bars.
Open a Gold IRA Account
Learn more about the advantages of the Gold IRA.
Augusta Silver IRA
Silver IRA is an individual retirement account that invests only in physical gold. It allows you to make investments in physical silver bullion. A silver IRA can be used to protect your retirement savings against market volatility, just like a gold IRA.
The IRS has approved certain coins and bullion bars for investment in an IRA. Augusta Precious Metals also offers a variety of silver products.
Silver bars and the following IRA-approved coin can be purchased:
- Canadian Silver Soaring Eagle
- Canadian Silver Eagle with Nest
- American Silver Eagle
- Canadian Silver Maple Leaf
You can store your gold in a trusted storage facility close to you so that you can inspect the bars yourself.
Continue reading the Augusta Precious Metals Review to learn more about this company.
IRA Custodians
A custodian for your IRA is a company that safeguards and holds your retirement assets. The custodian will store your bars and gold coins in a safe place.
Augusta Precious Metals does not provide storage space onsite. The Delaware Depository is the preferred depository for the organization. It is an IRC-408n-authorized IRS storage that Lloyds of London has insured for $1 billion.
Augusta Precious Metals may be able to recommend storage facilities in these locations: Las Vegas, NV, New York, NY, Los Angeles, CA, Nampa ID, Salt Lake City, UT, South Fargo, ND, Shiner, TX
These are Augusta’s recommended custodians.
- Equity Trust – This firm has managed over $25 billion of assets and offers self-directed IRAs to more than 50 states. It is a 30-year-old company that provides expertise and services.
- GoldStar Trust Company, part of Happy State Bank in Texas, has around 38,000 self-directed retirement accounts. The Better Business Bureau (BBB) has given GoldStar an A+ rating.
- The Kingdom Trust is America’s oldest and most prominent precious metals investment company. It has over $12 billion of assets and is a long-term partner to Augusta for safeguarding precious metals. It offers innovative custody solutions to more than 100,000 customers.
The depository storage units are highly secure and often located hundreds of miles from financial and political centers. Augusta makes sure that they are licensed and respected by the industry. These facilities are not affiliated with Augusta. Each facility uses stringent access controls, cutting-edge security technology, and strict access control.
Please inform your account representative if you are considering storing it in another location. Within 7-10 days of confirmation, your precious metals will arrive at your safekeeping location.
Purchases of Gold and Silver Cash
Augusta is also able to sell silver coins and bars in cash. These products can be purchased through an IRA account but are also available without one.
You can store your gold and silver in a vault at home or in a bank. Or you can use one of the recommended custodians.
To avoid being fined by the IRS for storing gold at home, check out our Home Storage Gold IRA Guide.
The following silver and gold coins can be purchased outside of an IRA:
Gold
- 2022 St. Helena Gold Sovereign
- 2018 Rose Crown Guinea
- American Gold Buffalo Proof
- Gold American Eagle Proof
- American Eagle Certified
- Certified American Buffalo
- Saint Gaudens $20
- Indian $10
- 2017 Great Britain 1/4 oz gold Year of the Rooster
- 2016 Great Britain 1/4 oz gold Year of the Monkey
- 2015 Canadian.25 Gold Polar Bear and Cub
- 2014 Canadian.25% gold $10 Arctic Fox
Silver
- American Silver Eagle 1oz Bulk BU (Random Year)
- Canadian Silver Maple Leaf
- Austrian Philharmonic Silver
- Silver Round 1 oz – Our Choice Hallmark
- America the Beautiful
- Canadian Silver 5 Blessings
- Silver 50% Bag (various face values)
- Silver Bar
Gold Bullion
- Gold American Eagle
- Gold American Buffalo
- Gold Canadian Maple Leaf
- Austrian Gold Philharmonic
- South African Gold Krugerrand
- Our Choice Hallmark: Gold Bar 10 oz and 1 oz Gold Bar
Silver Bullion
- American Silver Eagle
- Canadian Silver Maple Leaf
- Austrian Philharmonic Silver
- Silver Round 1 oz
- America the Beautiful (Cumberland Gap or Fort Moultrie)
- Canadian Silver 5 Blessings
- Silver 90% Bag (in $100, $250, $500, $1,000)
- Silver Bar (10oz, 100oz) Our Choice Hallmark
Certified grading companies such as Numismatic Guaranty Corp (NGC), and Professional Coin Grading Service, (PCGS), can certify collectible coins.
Augusta Precious Metals offers shipping free of charge on all orders of silver and gold. You can also find various products that make investing in precious metals easier.
Augusta Precious Metals offers coin collection services to its clients. These services allow collectors to find, buy and sell silver and gold coins.
This company offers a wide range of rare and collectible coin options that are difficult to find anywhere else. The company also offers a grading service that helps collectors determine their coins’ value.
Augusta Precious Metals Pros and Cons
Before investing with Augusta Precious Metals, there are some things to remember. These are the pros and cons of working with this company.
PROS
- The Better Business Bureau gives it an A+ rating
- Kingdom Trust is a long-term partner that manages more than $12 billion in assets.
- Pricing of silver and gold at competitive prices
- A wide range of precious metals are available, including gold, silver, and platinum
- A comprehensive list of collector’s coin
- All orders eligible for free shipping
- IRA accounts
- Excellent support
- Education is free
CONS
- Minimum investment of $50,000
Augusta Precious Metals Fees
Augusta Precious Metals charges a variety of fees for its services. Here’s a breakdown of the fees:
Setup Fee Silver and Gold IRAs: $50
Custodian Fees
- $250 maintenance fee to the custodian for the first year
- $100 for the next years
Shipping and Storage Fees
- Shipping Free
- $100 storage fee
Although setting up an IRA account or purchasing silver bars are subject to fees, Augusta Precious Metals’ excellent support and education make up for the cost.
Silver and gold have been around for centuries and their value has only increased. It’s a smart investment because your silver and gold value will likely increase. Augusta Precious Metals makes it easy to invest in these precious metals. Don’t miss this opportunity.
How can you invest in Augusta Precious Metals?
It is easy to invest in silver and gold. Augusta Precious Metals can help you.
What can you expect?
- Augusta Precious Metals offers 1-to-1 web conferences with Devly Stahle, Director of Education. This briefing will provide a summary of the terms and answer any questions. This is a great opportunity to clarify any questions you may have.
- To open a new IRA, you will need to complete a form. It is easy and takes only a few minutes.
- Fund your account. Augusta Precious Metals can help you transfer funds from an existing IRA or Roth IRA.
- After you have funded your account you can begin buying silver and gold. Augusta Precious Metals has a variety of products so that you can find the right product for your investment portfolio.
Augusta Precious Metals Support
Augusta Precious Metals provides excellent support. From setting up an account to purchasing silver and gold, you can expect to be supported at every stage.
A team of experts is available to answer any questions. You can also find free education on the company’s website.
Augusta Precious Metals assigns each customer a personal account manager to assist in every stage of the investment process.
The manager will assist you in opening an account, funding it, and choosing the right products to fit your portfolio. You can also reach the dedicated person for any questions.
You can ask your account manager any questions about fees, paperwork, or other procedure steps, at no extra cost.
This includes contributions, transfers, and liquidations.
Augusta Precious Metals: Is it Legitimate?
Augusta Precious Metals, a legitimate business that has been around for over ten years, is registered. The company is well-regulated with strong financial backing.
Augusta Precious Metals (BBB) is a member of the American Numismatic Association and the Better Business Bureau. You can also be certain that the company is a reliable source of silver and gold.
The BBB has given the company an A+ rating, and the ANA has accredited them.
Who leads Augustas Precious Metals?
Augusta Precious Metals’ CEO Isaac Nuriani
Isaac is an expert in the economy and precious Metals IRA. This includes IRS-approved physical silver and gold IRAs.
He founded many financial services companies and created value for customers by providing investment options that fit investors’ diverse lifestyles and goals. These included purchasing gold IRAs and other precious metals.
Is Augustas Precious Metals located?
Augusta Precious Metals’ headquarters is in Casper, Wyoming.
A team of experts includes experienced numismatists, coin dealers, and IRA specialists.
The Business Model Explained
Augusta Precious Metals earns money by charging a commission for the products they sell.
For the storage of silver and gold, there is a yearly charge. The storage fee for gold and silver is quite reasonable and well worth it.
There are no hidden fees. This section explains how much you will pay for different services.
Augusta Precious Metals generates revenue by spreading the selling prices for gold and silver. They buy gold and silver at lower prices and then sell them at higher prices, which allows them to make a profit.
This business model is standard for precious metals sellers, and Augusta Precious Metals is transparent about pricing.
Customers who want to ensure they aren’t paying too much for their services have the option of a 7-day price guarantee and a complete refund for new customers.
Augusta Precious Metals BBB Rating
The Better Business Bureau gives Augusta Precious Metals an outstanding rating. Augusta scored 4.96 out of 110 customer reviews. Augusta Precious Metals has received 0 complaints, making it one the top companies that offer Gold IRAs in the United States.
FAQs
Are Augusta Precious Metals Products Certified For Authenticity?
Certification of authenticity is an important factor in the precious metals industry. It guarantees that what you buy is genuine and has been tested to meet certain standards. In light of this, it is pertinent to consider if Augusta Precious Metals products have obtained any certifications for authentication.
Regarding certification, Augusta Precious Metals offers several guarantees on its products which attest to their legitimacy. The company ensures all its products are certified by outside organizations like the London Bullion Market Association (LBMA) or COMEX/NYMEX-approved refineries.
Furthermore, they offer a lifetime warranty guaranteeing against counterfeiting and fraud with every purchase. This demonstrates the quality and authenticity of their products, giving customers peace of mind when purchasing them.
Augusta Precious Metals takes extra measures to ensure customers receive only authentic pieces that adhere to stringent specifications set out by various regulatory bodies worldwide. As such, they can be trusted to provide consistent, high-quality gold coins, silver bars, and other bullion at competitive prices without compromising product integrity.
Does Augusta Precious Metals Insure Its Gold And Silver Products?
Investors interested in purchasing gold and silver products from Augusta Precious Metals must consider the insurance policies of their products. It is important to understand if these items can be insured in case of loss, damage, or theft.
Firstly, customers need to know that not all companies offer insurance for precious metal products purchased online. Therefore, it is essential to research the company before making a purchase. Secondly, investors should also look into what types of coverage they may receive with an insurance policy offered by Augusta Precious Metals. Finally, customers will want to ensure they have enough coverage for the type and amount of product they plan on buying.
It is recommended that customers contact Augusta Precious Metals directly to inquire about any available insurance options before making a purchase. Furthermore, researching other industry reviews and customer testimonials can provide insight into how reliable the company’s services are when insuring its products.
Knowing what kind of protection one has when investing in gold and silver products from Augusta Precious Metals is beneficial financially and emotionally; such information helps ensure peace of mind for those considering this option.
How Often Is The Price Of Augusta Precious Metals’ Gold And Silver Products Updated?
Investors are constantly on the hunt for a good return. They need reliable information regarding gold and silver products to make sound decisions. This raises the question of how often is the price of Augusta Precious Metals’ gold and silver products updated?
An analysis of pricing updates reveals that Augusta Precious Metals regularly updates its prices daily according to market conditions. With this regular update process, investors can stay informed about any changes in metal values quickly and accurately. Furthermore, customers have access to current metal trends which helps them plan their investments more effectively.
The company also offers detailed charts showing historical data related to different metals so buyers can better understand why certain prices fluctuate. Customers may also use these graphs to get insights into long-term investment strategies or short-term flips with precious metals.
Augusta Precious Metals provides its clients with up-to-date information regarding gold and silver product prices so that they can make educated decisions when investing in these metals. The company’s commitment to providing accurate and timely market data gives investors trust that their purchases will be worthwhile investments for years.
Final Thoughts
Augusta Precious Metals makes a great choice for investors in silver and gold. They offer a variety of products and excellent customer service.
The company’s fees are extremely reasonable and they have a great reputation. Augusta Precious Metals is a great place to start investing in precious metals. We highly recommend Joe Montana, a former Hall of Fame Quarterback.
You have a lot of options when it comes to funding your account. Your account can be funded with cash, check, or wire transfer. You can also roll over funds from other retirement accounts.
Augusta Precious Metals has our highest rating. We recommend them to all who are looking to invest in precious materials.
