Augusta Precious Metals
Augusta Precious Metals (APM) is a precious metals IRA industry leader. They are one of the top five companies offering self-directed IRAs for gold and silver bullion purchase. Conservative investors looking to hedge inflation or park retirement savings during times of economic uncertainty look to Augusta Precious Metals as a partner in wealth management.
While Augusta has excellent customer service and support, they also are experts in assisting their clients in opening a Self-Directed IRA and working with custodians knowledgeable in retirement account rollovers.
Industry
Precious Metals
BBB Rating
A+ Rated
BCA
AAA Rated
Special Note: This article was originally written August 4, 2022. We have updated the Augusta Precious Metals Review as of March 17, 2024. Information updated includes;
- Review status from the BBB, BCA, or other reporting services.
- Any update in current programs and offers by APM.
- Any update or changes in company status or content.
APM Business and Company Information
If you are looking for a precious metals Gold IRA company that has hundreds of reviews and zero complaints with the Better Business Bureau and Business Consumer Alliance then you have found your best partner in Augusta Precious Metals.
The company does not hide behind a curtain of websites and closed business doors. They are front and center with their transactions, leaders, and honest customer service.
The Plug wants to make sure you are in the right place. If you are new to investing in physical gold and silver you may want to check out our blog on the Beginners Guide to Investing in Physical Gold. But, if you have experience and are looking for the best company to work with then APM is an excellent choice.
Augusta Precious Metals is an incredible company to work with. But if you are just starting and looking to invest with less than their minimum of $50,000 you have two choices.
- Read our article on the 5 Best Gold IRA Companies. Here we provide our Top Gold IRA Choices and give a breakdown of their requirement investment, fees, and general business information.
- Read What Precious Metals Company is Best if I Only Have $10,000 to Invest. This blog will get you to precious metal dealers who will work with you if you are looking to just get started.
Leaders at Augusta Precious Metals are:
Isaac Nuriani - CEO
- Member of Ethics.net
- Member of the Industry Council for Tangible Assets (ICTA)
- Advocate for silver and gold IRAs
- Believes in diversifying retirement accounts and helping retirement savers
Devlyn Steele - Director of Education
- 3 Decades of financial services and economics experience
- Led the education team at Augusta Precious Metals
- Educates Americans about savings diversification through alternative assets
- Helps Americans diversify savings to offset economic concerns
- Member of the Business Analytics Program at Harvard Business School
Howard Smith - Chief Financial Officer
- 20+ years working in capital markets and banking
- Extensive background in risk management insights and skills
- Help customers overcome potential risks affecting their retirement
- Certified CPA
- Economics/Finance Graduate of the University of Toronto
The leaders of Augusta are joined for one mission, to help customers see the economic policies in place that service the big banks and hurt the small individual retirement savers. With strong ethics and professionalism, these leaders have implemented a system and processes that have helped thousands diversify their retirement portfolios.
Augusta Precious Metals is a full-service precious metals company that is dedicated to helping you make wise investment decisions.
The Augusta Difference
- Best for ethics and overall customer experience. High level of service – a reliable, respected gold IRA company.
- 2022, 2023 & 2024 Money magazine: “Best Overall Gold IRA Company.”
- 2022, 2023 & 2024 Investopedia: “Most Transparent Pricing.”
- A+ BBB rating. AAA from Business Consumer Alliance. More than 1,000 5-star rankings.
- Highest Buyback Guarantee. Sell back to Augusta with confidence.
- 100% Satisfaction Guarantee. You’re in control. Switch easily if we fall short.
- 100% 7-Day Money-Back Guarantee. Account-opening peace of mind.
- ZERO setup, custodian & storage fees for up to 10 years. Everyone qualifies.
- Educates consumers on how to not fall for lies and gimmicks some companies use.
- Exposes “silver scams.” Wants to keep you from being a victim.
- YOU choose your gold & silver. Select from most-popular products. You’re in charge.
- Elite VIP endorser: Hall of fame quarterback Joe Montana, customer and paid ambassador.
- Account lifetime service. You can count on ongoing support.
Augusta Precious Metals wants to be your BEST gold IRA company.
Augusta Precious Metals Price
APM is not a gold/silver IRA Company for those just starting out. The minimum investment for a IRA Rollover is $50,000 and you must have $100,000 available in a rollover account.
Why do they require such a high investment?
Augusta wants to work with those that understand the precious metals business and how holding physical gold and silver benefits their portfolio. They are not in the business to work with those who are not interested in knowing all the facts and using all their retirement savings for precious metals.
Augusta Metals Price
The price for physical bullion from APM will vary depending on current spot price and premiums. Check often current spot rates but understand the end price to you as the consumer will be above spot price as it includes the premium.
Augusta Precious Metals Fees
ZERO setup, custodian & storage fees for up to 10 years. Everyone qualifies.
Augusta Has A Large Selection of Precious Metals to Choose From
When you head over to the Augusta website you will find a LARGE selection of coins and bars to choose from.
The coins and bars acceptable for your self-directed IRA are clearly identified under the heading IRA-Eligible Coins. Augusta has done the work for you.
If you are looking for pricing, Augusta Precious Metals does not price its product online. You are required to give them a call for pricing.
Here are a few options currently being offered under "common gold bullion". Check out the website to get all the current offerings available.
Gold Coin & Bar Options
Silver Coin & Bar Options
What Other Products Does Augusta Carry
90% Silver U.S. Coins - "Junk Silver" coins
Gold Premium Options - various options - see website for updated list
- 2022 St. Helena Gold Sovereign
- 2020 Australian Striped Marlin
- 2015 Canadian .25oz Gold $10 Polar Bear and Cub
- 2014 Canadian .25oz Gold $10 Arctic Fox
- Gold American Eagle Proof
- American Gold Buffalo Proof
- Certified American Buffalo
- $5 Indian Gold Coin
- $2.5 Indian Gold Coin
- $20 Liberty Gold Coin
- $10 Liberty Gold Coin
Silver Premium Options - various options - see website for updated list
- 2021 Royal Canadian Mint 1.25oz Silver Soaring Eagle
- 2020 Royal Canadian Mint 1.25oz Silver Soaring 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
- Morgan Silver Dollar
- Commemorative Dollar
- Proof Silver American Eagle
Augusta Gold IRA
Augusta Precious Metals is a premier Gold IRA Company that prides itself on helping the American saver diversify investments through the purchase of gold and silver bullion.
What is a Gold IRA?
It is a precious metal self-directed IRA. This type of IRA allows you to control your assets personally and you get all the same tax-advantage benefits as other IRAs.
How do I fund my Augusta Gold IRA?
You can fund your IRA by opening an account and making contributions from your earned income, or you can rollover a current IRA or employer retirement account e.g. 401(k)
The gold self-directed IRA gives you all the same tax advantages you come to expect with a standard IRA. The major difference is you get to control the physical asset yourself and you get to separate your dollars from the standard stock market volatility by buying physical gold or silver. When you buy physical assets you hedging against the uncertainty of the banking, government, and digital systems.
What's the Advantage of a Gold IRA?
When you open a Gold IRA you can achieve diversification of your portfolio with physical assets. You hedge inflation and as monetary policies of the Federal Reserve devalue your dollar, you reduce the negative impact of economic turmoil on your savings.
How Do I Start My Augusta Gold IRA?
Working with an industry leader and a company with hundreds of positive reviews and zero customer complaints is easy, simple, and straightforward.
To Start: Get Your Hands on the Free Gold IRA Guide by Augusta Precious Metals. Here you will begin your education and get valuable information. All you need to do is >> Click Here << and we'll get you to their website where you can fill out an information form.
- Create You New IRA - Equity Trust is the Nation's leading self-directed IRA Provider with 30 years of experience managing over $25 billion in assets. Service is available in all 50 states.
- Fund Your Account - transfer dollars from your existing retirement accounts
- Buy Gold or Silver - purchase through Augusta's order desk
Once you purchase your gold or silver, Augusta will transfer your physical gold to a depository. Federal requirements are that the physical gold or silver cannot be handled by the individual for the IRA. The precious metals must be stored in a depository. Augusta Precious Metals works with the Delaware Depository.
Augusta Silver IRA
Augusta Precious Metals is a premier Silver IRA Company that prides itself on helping the American saver diversify investments through the purchase of gold and silver bullion.
A Silver IRA is the same as a Gold IRA. Each IRA is a Self-Directed IRA that allows for the purchase of alternative assets such as Gold and Silver.
When you see a statement like " Gold IRA " or " Silver IRA " they are one and the same.
You will get excellent information from Augusta's representatives no matter if you choose to purchase silver or gold in your SDIRA.
What is a Silver IRA?
It is a precious metal self-directed IRA. This type of IRA allows you to control your assets personally and you get all the same tax-advantage benefits as other IRAs.
How do I fund my Augusta Silver IRA?
You can fund your IRA by opening an account and making contributions from your earned income, or you can rollover a current IRA or employer retirement account e.g. 401(k)
The silver self-directed IRA gives you all the same tax advantages you come to expect with a standard IRA. The major difference is you get to control the physical asset yourself and you get to separate your dollars from the standard stock market volatility by buying physical gold or silver. When you buy physical assets you hedging against the uncertainty of the banking, government, and digital systems.
What's the Advantage of a Silver IRA?
When you open a Silver IRA you can achieve diversification of your portfolio with physical assets. You hedge inflation and as monetary policies of the Federal Reserve devalue your dollar, you reduce the negative impact of economic turmoil on your savings.
How Do I Start My Augusta Silver IRA?
Working with an industry leader and a company with hundreds of positive reviews and zero customer complaints is easy, simple, and straightforward.
To Start: Get Your Hands on the Free Silver IRA Guide by Augusta Precious Metals. Here you will begin your education and get valuable information. All you need to do is >> Click Here << and we'll get you to their website where you can fill out an information form.
- Create You New IRA - Equity Trust is the Nation's leading self-directed IRA Provider with 30 years of experience managing over $25 billion in assets. Service is available in all 50 states.
- Fund Your Account - transfer dollars from your existing retirement accounts
- Buy Gold or Silver - purchase through Augusta's order desk
Once you purchase your gold or silver, Augusta will transfer your physical gold to a depository. Federal requirements are that the physical gold or silver cannot be handled by the individual for the IRA. The precious metals must be stored in a depository. Augusta Precious Metals works with the Delaware Depository.
Augusta Precious Metals Storage Services
IRA Eligible Coins
IRS requires that physical gold and silver be of the highest quality and fineness levels to qualify for an IRA. Current Requirements are;
- Gold Coins and Bars in an IRA must be 99.5% pure
- American Gold Eagle Coin at 91.67% pure is the one exception
- Silver Coins and Bars in an IRA must be 99.9% pure
Samples of coins available for your IRA:
American Eagle Proofs
American Eagle
American Buffalo
Canadian Maple Leaf
Australian Striped Marlin
Gold Canadian Eagle
Canadian Silver Soaring Eagle
Canadian Silver Eagle with Nest
Canadian Silver Maple Leaf
American Silver Eagle
Buying Gold and Silver With CASH
While Augusta would like to be your gold and silver IRA company. Those investors looking to take physical possession of their precious metals can purchase with CASH or equivalent.
You still get great customer service and treatment from all departments of Augusta Precious Metals. You get FREE shipping and transit insurance (you're not responsible for the precious metals till AFTER you sign for them). The gold or silver will come packaged so it's private and unknown to the average individual. You get all the great benefits of owning physical gold.
When you pay with CASH, you can take possession of the bullion or you can keep your physical coins in a secured storage facility. Augusta Precious Metals can help with shipping to the depository of your choice.
No matter if you own the precious metals in an IRA or you purchase with CASH, you can achieve diversification of your portfolio by adding gold or silver. The added benefit for gold and silver coins and bars is your ability to hedge inflation by separating your savings from the economic turmoil of the markets.
Ready to Buy with CASH? Here is your simple and easy process
- Fund Your Account - open and transfer funds
- Buy Gold and Silver - with the Order Desk
- Sign for Delivery - at your location of choice
When you purchase with CASH, you have all the IRA-approved gold and silver available for your purchases and you can also take advantage of the rare coins and other minted coins Augusta Precious Metals has to offer.
What Payment Methods Does Augusta Accept?
- Paper Check - Personal Checks, Business Checks, Cashiers Checks, and Money Orders are acceptable means of payment. Checks are accepted up to the amount of $50,000
- Bank Wire / Bank-to-Bank Transfer Payment - Any amount is accepted via Bank Wire.
Augusta Precious Metals Reputation
Augusta Precious Metals is a reputable business in good standing with both the BBB (Better Business Bureau) and the BCA (Business Consumer Alliance). Not to mention several other sites provide reviews from consumers who have experience with Augusta Precious Metals.
Augusta Precious Metals operates only online. They do not sell speculative gold or silver products or future investment offerings for gold or silver mining companies. They pride themselves on being the best educators and providing the highest ethical commitment to their customers.
Augusta Precious Metals is a viable business to purchase your gold and silver bullion. While all companies have issues and sometimes complaints, it appears that Augusta has a long history of good customer service and very satisfied buyers.
Should you consider Augusta Precious Metals for your next purchase considering they have an A+ Rating by the BBB with 110 customer reviews giving them a 4.95 out of 5 Stars and the BCA rates them as AAA with over 25,191 inquiries and 99 reviews giving them a 5 out of 5 Star Rating.
We typically look at two to four different sites with reviews and information to provide our readers with a clear understanding of how others feel about companies. Here is the information we found from the BBB and BCA. We looked for the company's Facebook page and found they also have 86 reviews and a 4.8 out of 5.0-star rating from that source.
Please check out the information we have provided. It is not all-inclusive and you, as the buyer, should complete your due diligence before purchasing with any gold or silver seller online.
Augusta Precious Metals Ratings
Augusta BBB
The Better Business Bureau has Augusta Precious Metals as an Accredited A+ Business
They have a 4.95 out 5 rating
They have 110 Customer Reviews
0 Customer Complaints in the last 3 years
0 Complaints closed in the last 12 months
* CURRENT ALERTS FOR THIS BUSINESS - See below for more information
Reviews Found on BBB Website
Augusta BCA
AAA Rating with BCA
99 Reviews with 5 out of 5 Stars
Reviews Found on Business Consumer Alliance
Augusta Precious Metals Pros and Cons
Final Thoughts on Augusta Precious Metals
Augusta Precious Metals has been doing business for over 10 years. They have been part of the BBB since 2014 and have ZERO customer complaints. The reviews are glowing for a business offering detailed education and customer service making sure the investor is making the right decisions for their portfolio.
Augusta wants to be "your Premier Gold IRA Company" and because they put such high emphasis on education and ethics their business has seen exponential growth and trust in the precious metals industry.
Since Augusta Precious Metals is an authority on self-directed Gold IRA investments and because they specialize in Gold and Silver IRA's, they have excellent relationships with depositories and custodians. When opening a gold IRA you will be helped along the way with an IRA processing department, order desk, confirmation department, and shipping department.
If having great customer service and education wasn't enough, once you open an account you have Lifetime Account Support. With that, you get ongoing education, support assistance, ongoing processing department support, and more.
We suggest you do your own due diligence on this or any other gold and silver dealer. No dealer is able to control the value of the bullion and therefore they cannot guarantee the value of your investment will appreciate.
FAQ
Yes. You can transfer funds from your existing IRA or 401(K) into your new Precious Metals IRA account and there will be no tax penalty.
Yes. It is easy to open a new Precious Metals IRA account and fund it yourself. * Restrictions apply
No. To remain in compliance with the IRS, you must open a Precious Metals IRA account with your chosen IRA custodian, and then you may buy IRA Approved gold, silver, platinum, or palladium products that will be shipped directly from BGASC to your designated Depository for secure storage.
Owning tangible, physical, inflation-hedging gold and silver can help diversify your savings because the value of your metals is often-uncorrelated with other assets. Buying your metals inside of a self-directed IRA allows their value to grow on a tax-deferred or even tax-free (Roth IRA) basis. A gold IRA also makes it possible for you to make your own purchases and bypass portfolio management fees.
Augusta Precious Metals was formed in January 2012 by founder and CEO Isaac Nuriani, whose personal vision is to educate and empower Americans to diversify their retirement savings.
We weigh precious metals in troy ounces. A troy ounce is 31.1034768 grams. Base metals are measured in "regular" ounces. The "regular" ounce is 28.349523125 grams. Therefore, the troy ounce is heavier than a "regular" ounce.
"Four nines gold" refers to gold with a fineness of 999.9 parts per thousand, or 99.99% pure gold. It is the purest gold available as it is practically impossible to remove every trace of alloys.