August 4, 2022

August-Precious-Metals-Gold-Silver-IRA-by-The-Plug

Disclaimer: the companies you find on our site may provide compensation to us. We are able to provide you with unbiased research and information for free because of this potential compensation. Compensation, along with research, may determine the ranking and placement below. We appreciate the support!

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.
Augusta Precious Metals Logo by The Plug

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. 

  1. 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. 
  2. 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-Gold-and-Silver-by-The-Plug

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 

  • Gold American Eagles
  • Canadian Gold Maple Leafs
  • Gold American Buffalos
  • South African Gold Krugerrands
  • Austrian Gold Philharmonics
  • Gold Bar 10oz - Our Choice Hallmark
  • Gold Bar 1oz - Our Choice Hallmark

Silver Coin & Bar Options

  • American Silver Eagle Coins
  • Silver Rounds
  • Canadian Silver Coins
  • America The Beautiful Coins
  • Austrian Silver Vienna Philharmonic Coins
  • Canadian Silver 5 Blessings 1oz
  • Silver Bar 100oz - Hallmark
  • Silver Bar 10oz - Hallmark

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. 

  1. 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. 
  2. Fund Your Account - transfer dollars from your existing retirement accounts
  3. 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. 

  1. 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. 
  2. Fund Your Account - transfer dollars from your existing retirement accounts
  3. 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

Augusta-Precious-Metals-Review-Storage-Services-by-The-Plug

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:

gold-american-eagle

American Eagle Proofs

gold-american-eagle

American Eagle

gold-american-buffalo

American Buffalo

anadian-maple-leaf.j

Canadian Maple Leaf

aus-stripped-marlin

Australian Striped Marlin

2017-_10-1-4oz-9999au-eagle-_bullion

Gold Canadian Eagle

2020-8-1.j

Canadian Silver Soaring Eagle

2019-rcm-1-25-silver-eagle-coin

Canadian Silver Eagle with Nest

2014-silver-canadian-maple-leaf

Canadian Silver Maple Leaf

2014-american-silver-eagle

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

  1. Fund Your Account - open and transfer funds
  2. Buy Gold and Silver - with the Order Desk
  3. 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.
3 commitments to our customers by The Plug

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

BBB Logo by The Plug
Augusta Precious Metals Reputation in 2024 is excellent for gold IRA companies.

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

  • Review from Janet H - 5 stars ⭐️⭐️⭐️⭐️⭐️
    07/22/2022
    Augusta Precious Metals we're fantastic! Excellent customer service and support! Highly recommend them!
  • Review from John E - 2 stars ⭐️⭐️
    06/30/2022
    To be honest, I'm wondering if others have had my experience and simply didn't report it. When I reached out to start my silver IRA I was pushed heavily toward expensive proof coins. The logic was that proofs were more stable in value and wouldn't lose value if silver's price went lower. Unfortunately I wanted standard Eagles and was told they were out of stock. Weeks later I contacted them and said we needed to get something done. They said "ok we'll get you Canadian Polar Bear 1.5 oz coins for the same price". I assumed they meant same price per coin since the Canadian coins are less valuable per ounce than Eagles. Today 1.5oz Polar Bear coins are about $40 and Eagles are about $35 so I thought I was getting a deal. In fact I got the Polar Bear coins for the same price per ounce as the Eagles, meaning I paid $60 for 1.5 oz coins when the Eagles were at $40. It is unlikely that I will break even on this deal, let alone make money on my IRA, unless silver has an enormous price increase. Now to be clear, I understand they have discontinued using commissioned sales associates since my experience (not because of my experience) so perhaps they are more above board now.
  • Review from Mitzi B - 5 stars ⭐️⭐️⭐️⭐️⭐️
    06/24/2022
    Augusta Precious Metals is extremely helpful as you navigate the metal IRA industry. I appreciate their patience with all of my questions and concerns. Very customer oriented, do not pressure you to move faster than you want. Always kept in touch as I went through the process, again very patient with questions. Easy to work with, and deliver in good timing.
  • Review from Arlene E - 5 stars ⭐️⭐️⭐️⭐️⭐️
    03/24/2022
    Had a wonderful phone call with Mr. Devlyn Steele on the webinar presentation. He explained the current market in regard to gold/silver and has an extensive background in Analytics. He kindly took questions and answers (I had a list) and helped me understand more particulars. Lauran de Winter did a great job in helping prep for the call and follow-up. They focused on information...no pressure, no deadlines, no "sense of urgency". They want the gold investment decision to be well thought out by the customer. Very happy with the information I received.
  • Review from Alan D - 4 stars ⭐️⭐️⭐️⭐️
    07/08/2021
    The Host Kevin Martin did a good job of explaining this retirement option. And the presenter Devlyn Steele has a wealth of information, and the ability to explain the strategy in lay-man terms with visual slides to enforce the idea.
    Augusta Precious Metals Response07/19/2021
    Hi, Alan: Thank you very much for your assessment of our team. We look forward to helping you with your precious metals purchases as needed. Keep in mind that the same team will be available to answer any questions you have throughout the life of your account. Sincerely, ***** *******, CEO
  • CURRENT ALERTS FOR THIS BUSINESS

ADDITIONAL BUSINESS INFORMATION

Government Actions: The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency.


August 21, 2019 The following describes a Consent Order that has been formally brought by a government agency. Mathew Vatter and the Minnesota Department of Commerce (Assistant Commissioner of Enforcement), alleges and charges as follows:

Augusta Precious Metals sold bullion products to Minnesota consumers in amounts exceeding statutory thresholds without having first registered with the Department of Commerce. August Precious Metals shall pay a civil penalty in the amount of $3,000 to the State of Minnesota and shall cease and desist from violating any laws, rules, or orders.

Augusta BCA 

logo-for-BCA
The BCA review for Augusta Precious Metals. An excellent reputation for gold and silver buyers.

AAA Rating with BCA

99 Reviews with 5 out of 5 Stars ⭐️⭐️⭐️⭐️⭐️

Reviews Found on Business Consumer Alliance

Featured Review 

Posted on 3/24/2017

Working with Augusta Precious Metals

Augusta is a great company to work with, and I'm glad to know them. I am impressed with the way they go above and beyond to make sure their customers are informed about gold IRAs and know what they're getting into.

Isaac N

Business responded on 8/29/2017

Thank you for your review and your business, John. We are very happy to have you as a gold IRA client, and we want you to know we are dedicated to providing great service to help you protect your retirement savings. Gold and silver have always been a trusted way to store value, and the self-directed IRA is becoming known as an important investment diversification. Please don’t hesitate to contact us at 888-242-4121 at any time if you have further questions about your gold IRA.
Sincerely,
Isaac Nuriani, CEO
Augusta Precious Metals

Posted on 6/24/2022

Augusta Precious Metals is a trustworthy company. They were honest about everything and good timing of delivery.

I had many questions as I moved my IRA from a stock market entity. Augusta Precious Metals is very patient with me, answering all of those questions. I feel moving to a precious metal based IRA is the right one at this time and Augusta Precious Metals is the only one that I trust.

Isaac N

Business responded on 6/24/2022

Mitzi, it is our honor to assist you, and I am humbled by your positive review of our team and company. Thank you for taking time to share your thoughts with everyone. Don't hesitate to call on us anytime for the lifetime of your account. We are here to help. Sincerely, Isaac Nuriani, CEO

Posted on 5/6/2022

Excellent presentation.

Devlyn Steele and his team answered all my questions. There are no hidden fees and there is no pressure.

Isaac N

Business responded on 5/6/2022

Hi, James. Thank you for this...I like hearing that you were able to get what you need from our team. We work hard to streamline the entire process. And don't forget we are available throughout the entire life of your account to assist you. Sincerely, Isaac Nuriani, CEO

Augusta Precious Metals Pros and Cons

Pros
  • Professional Customer Service
  • Education is a Priority for Investor Relations
  • Extremely satisfied customers
  •  Invest with CASH or Self-Directed IRA
  • Members of ethics.net  
Cons
  • 1 government action for selling bullion in Minnesota in 2019 without proper registration with the Department of Commerce.  
  • Minimum $50,000 for Investment and $100,000 in approved Accounts.  

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

Can I roll over funds from my existing retirement account without tax consequences?

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. 

I don't have a retirement account. Can I start a new one and fund it myself?

Yes. It is easy to open a new Precious Metals IRA account and fund it yourself. * Restrictions apply 

Can I put the precious metals I already own in my IRA?

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.

What are the benefits of buying gold and silver within an IRA?

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.  

How long has the company been in business?

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.

How Does a Troy Ounce Differ From a "Regular" Ounce?

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. 

What is "Four Nines Gold"?

"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.  

Ready to Get Started with a Gold IRA? Click the GREEN button below. No purchase is necessary to get a FREE Gold IRA Kit!

>