When it comes to gold IRAs, Augusta Precious Metals is at the forefront of the competition. Additionally, it provides gold and silver in real form at reasonable pricing. Because of its exceptional track record, performance, and customer satisfaction ratings, the company has repeatedly been chosen as the finest gold IRA firm by industry experts and consumers alike. Augusta Precious Metals has received nothing but rave reviews from customers. This is our own review, which will assist you in determining whether or not the company is the best fit for you.
Who exactly is this Augusta Precious Metals character?
If you are considering starting a personal retirement portfolio or diversifying the one you already have, Augusta Precious Metals is the most reliable partner you could ask for. The company is dedicated to assisting you through the process, beginning with the selection of precious metals and continuing all the way up until the moment of asset liquidation. To say that when you open an account with Augusta Precious Metals, you are entitled to the best possible level of services over the course of the long term is an understatement.
The privately held family business adheres to the philosophy that successful investing is more of a marathon than a sprint. It offers a staff that is dedicated to helping you reach your financial and retirement goals, and they have received extensive training in this area. It is aware that investing involves careful planning, help from professionals, awareness of current trends, and trust in one’s own judgment. When it comes to choosing the best choice, the innovative strategy of holding webinars to educate potential investors about the firm, its services and products, as well as the potential benefits and drawbacks of investing, is a significant element.
Isaac Nuriani, now the company’s CEO, established Augusta Precious Metals in 2012. Casper, Wyoming, in the United States is home to its main office, which can be found at 5830 East 2nd Street. The primary objective of Augusta is to facilitate the addition of gold, silver, or other precious metals to the portfolios of individuals who are saving for retirement. It offers individualized services to each customer in order to assist them in selecting the most suitable alternative and strategy for their needs. Because an account specialist who is assigned to you takes care of all paperwork, the process of investing does not involve any burden for you.
In addition, the corporation has its own compliance department, which is made up of three employees, including the chief compliance administrator, who is recruited from the outside of the company to ensure that fair procedures are followed.
(AMERICAN HARTFORD GOLD) has an A+ rating with the Better Business Bureau; they offer a solid assortment of gold and silver bullion; and they have stellar customer service.
(AMERICAN HARTFORD GOLD) | A+ Rating from the Better Business Bureau • Buy Back Guarantee • Steller Customer Service • A Robust Selection of Gold and Silver Bullion • Steller Bullion
To find out more, please click here.
Which Services Do They Have Available?
The inventory of IRA-qualified gold and silver coins, bullion bars, and other precious metals at Augusta Precious Metals is extensive. Your investment is protected from future inflation and other global economic worries that lower the value of dollars by using these items.
Gold & Silver IRA
An investor can maximize the benefits of having actual gold and silver to back up their assets by contributing to a self-directed individual retirement account (IRA). The Taxpayer Relief Act of 1997 made it possible for individuals to make investments of this kind, giving them an additional choice to safeguard their assets for retirement and increase their overall wealth. The owner of a gold or silver individual retirement account (IRA) is entitled to a tax-deferred privilege.
The staff at Augusta will ensure that you are thoroughly informed on the advantages and capabilities of a gold IRA. When you are ready, a representative will assist you in filling out the relevant paperwork and getting the process of funding your new account started off on the right foot. After you have purchased the metal of your choice, it will be delivered to the storage facility of your choice at no additional expense, along with complimentary travel insurance. As your interface with the custodian, Augusta will serve as your representative.
Cash Transactions for Gold and Silver
This is for those individuals who are interested in owning physical gold or silver coins and storing them in their own vaults. Holding them in one’s possession grants the individual the ability to exercise control and management over precious metal holdings. You can either keep the precious metals in your own personal vault or rent a vault from a local bank. Knowing that you are not restricted in any way in terms of when or how you can view or interact with them as a result of this provides you peace of mind.
Outside of the realm of individual retirement accounts (IRAs), reputable precious metals merchant Augusta sells unique coins that have been graded and authenticated by a number of separate grading services, including Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Service (PCGS). There is a specific department that will take care of your purchase and assist you in making a decision regarding which of the available options best meets your requirements.
When you make a purchase of gold or silver using cash, you are entitled to a high level of service from the precious metals specialists employed by the company as well as the other departments that are specialized in the field. You will have the ability to further investigate the prospects and advantages of purchasing other alternative assets if you have lifetime access to gold and silver professionals. This indicates that you will have access to the special mentorship that is provided through web conferences.
If you buy certain gold or silver bars and coins with cash, you can circumvent the digital recording and traditional banking systems. Augusta will take care of the delivery and will provide free shipping as well as free insurance for the transit. Even the person who is delivering the gift is unaware of what is contained within it. To make a purchase, all you have to do is deposit some cash into your account, then buy some gold or silver from Augusta’s Order Desk, and last, sign the delivery form.
Lifetime Client Support Section
Once you have made the decision to purchase from Augusta Precious Metals, you will have unrestricted access to the precious metals professionals who work for the company. This sets Augusta Precious Metals different from the majority of its rivals. You are free to seek advice from Augusta’s team of investment advisors so long as you maintain an active account with the company. When you have enthusiastic people by your side from the beginning to the end of the investment process, even the most daunting aspects of the investment process, such as navigating the investment road, become more bearable.
The following are some of the services it offers:
You can call or send an email with any queries or issues you have about precious metals, and they will respond and connect you with the appropriate department.
You will receive no charge for assistance about issues pertaining to fees, paperwork, or processing processes. Concerns arise with contributions, transfers, distributions, Required Minimum Distributions (RMDs), and liquidations as a result of this.
Provides you with information regarding the most recent economic recap or investing updates
When you wish to buy extra gold and silver, this can be of assistance to you. This also entails overseeing the purchase and return of precious metals.
Your purchases have been confirmed.
Augusta is well-known throughout the industry for providing exceptional customer service. It offers a call-in or online chat support service that is available round-the-clock. New customers are provided assistance throughout the onboarding process by the agents who have been assigned to them.
The Positives and Negatives of Augusta Precious Metals Positives:
Quick and simple account creation.
Pricing of gold and silver bullion products that is competitive
Transparent fee structure
No sales commission
An organized method that begins with informing the customer about their options.
Excellent reviews
Support for life from specialists who are both passionate and knowledgeable in their fields.
Cons
At least a $50,000 investment is required.
It only comes in gold and silver, thus the variety of metals is limited.
Start-up costs and the required minimum investment for a gold IRA can be found by clicking here.
A minimum investment of $50,000 is required in order to open an individual retirement account (IRA). Because of the high minimum requirement, Augusta Precious Metals is considered to be among the most prestigious gold IRA firms. It does not impose maximum investment.
When you start a gold individual retirement account (IRA), you will also be required to pay a one-time application charge of $50. Additional costs include the following:
There is an annual administration fee of $125 for accounts that are up to $100,000.
If the account balance is greater than $100,000, there is an annual administration fee of $75.
Custodial Fees
There is a maintenance cost for the custodian that is $100 each year. On the other hand, the charge would be reduced to $250 after the first year.
Transportation and Storage
Free shipping is provided by Augusta Precious Metals on orders that meet the requirements for purchasing precious metals. On the other hand, the company charges a storage cost of $100 each year.
Bid and spread the word
When it comes to the buying and selling prices of gold and silver, Augusta is known for its openness and transparency. Customers are provided with real-time pricing information, which assists customers in understanding the spread during the bidding process.
What Sets Augusta Precious Metals Apart From the Competition
In the event that you are a coin collector, Augusta Precious Metals is the place for you. It offers a vast selection of gold and silver coins that are among the best, most sought-after, and purest examples available. Those who are interested in platinum and palladium will be disappointed to learn that this company does not include these precious metals on their list of offerings.
When you decide to open a metal precious IRA with Augusta, one of the decisions you’ll need to make is which asset will serve as the foundation for your retirement insurance. To achieve your financial objectives in the most effective manner, you may choose to invest in gold, silver, or a combination of the two metals.
This company has won numerous awards, and its actual gold and silver coins and bullions have the greatest levels of purity and quality possible. Gold bullions derive their worth from both their weight and the amount of gold that they contain. Before being accepted for use in tax-advantaged individual retirement plans, gold coins or bars must first demonstrate that they satisfy the required levels of purity for precious metals (IRAs). With the exception of the American Gold Eagle coin, which is just 91.67 percent pure, all of the gold bars and coins that can be purchased through an IRA are 99.5% pure.
The “gold standard” for IRA silver is a purity level of 99.9 percent, which is met by the silver products manufactured by Augusta Precious Metals. Silver bullion and coins held in precious metal IRAs are guaranteed to have a purity level of 99.9 percent or higher. Silver coins with a purity of 999 contain silver that is 99.9 percent pure. Due to the presence of minute amounts of copper, silver bullions do not have a purity level of one hundred percent. Copper gives them a long lasting quality. The weight of the coin and the percentage of silver it contains are two factors that determine its worth.
The following is a list of coins that you are able to acquire for your IRA:
Eagle of American Origin (gold)
Proofs of the American Eagle (gold)
The Maple Leaf in Canada (gold)
Gold Canadian Eagle
Buffalo of the United States (gold)
Marlin striped off the coast of Australia (gold)
The Canadian version of the Silver Soaring Eagle.
An adult Canadian Silver Eagle sitting on its Nest
Eagle Silver Dollar Made in the USA
Leaf of the Canadian Silver Maple
In addition to this, Augusta Precious Metals is well-known for its transparent pricing and fee structures. The structure of its fees is easy to understand. New clients are offered price protection for a period of seven days and a complete refund of their initial payment. This is done to ensure that all prices are accurate. There is no additional markup in the form of commission applied to the cost of their gold or silver coins. In addition, if you ever find yourself in a position where you need to liquidate your holdings, Augusta has a fantastic buy-back policy program.
Premium and Common are the two categories that are used to describe Augusta’s offerings of gold and silver. Their worth could go up or down depending on the circumstances. The value of the metal content determines the price of commonly traded bullion products like gold and silver.
The following coins and bullion are accessible to purchase outside of an IRA:
Gold Spot Prices
2022 St. Helena Gold Sovereign
2018 Running of the Rose Crown Guinea Stakes
Great Britain’s 2017 Year of the Rooster 14 Ounce Gold Coin
Year of the Monkey 2016 Great Britain 14 Ounce Gold Coin
2015 Canadian quarter-ounce gold $10 polar bear and cub coin.
2014 Canadian.25 percent Gold Ten Dollar Arctic Fox Coin
Proof of purchase in American Gold Buffalo
Gold Proof of the American Eagle
Officially Licensed American Eagle
American Buffalo That Is Officially Certified
$20 Saint Gaudens
$10 Indian
Silver Premium
1 Troy Ounce American Silver Eagle BU (random year)
Leaf of the Canadian Silver Maple
Silver used by the Austrian Philharmonic
Round 1 ounce of Silver – Our Choice Hallmark
The United States of America:
Silver from Canada, five blessings
Silver 50 percent Bag (various face values)
Silver Bar
Bullion in Common Use for Gold
Eagle of the American Gold Rush
Golden Buffalo from America
Maple Leaf in gold, from Canada
Gold-plated Austrian Philharmonic
Krugerrands, made of South African Gold
Gold Bars of 10 Ounces and Gold Bars of 1 Ounce (Our Choice Hallmark)
Bullion in Common Form for Silver
Eagle Silver Dollar Made in the USA
Leaf of the Canadian Silver Maple
Silver used by the Austrian Philharmonic
Silver Round 1oz
The United States of America: (Cumberland Gap, Fort Moultrie, or Effigy Mounds)
Silver from Canada, five blessings
Bags of Silver 90% (in denominations of $100, $250, $500, and $1,000)
Silver Bar (10oz, 100oz) Our Choice Hallmark
(AMERICAN HARTFORD GOLD) has an A+ rating with the Better Business Bureau; they offer a solid assortment of gold and silver bullion; and they have stellar customer service.
(AMERICAN HARTFORD GOLD) | A+ Rating from the Better Business Bureau • Buy Back Guarantee • Steller Customer Service • A Robust Selection of Gold and Silver Bullion • Steller Bullion
To find out more, please click here.
The Augusta Precious Metals IRA Custodian Section of the Internal Revenue Service requires gold IRA companies to keep their backup precious metals at a third-party depository that is both approved and recommended by the IRS. Although Augusta Precious Metals does not directly provide IRA custodianship services, the company does promote the services of its partners located throughout the United States. There are storage facilities in Las Vegas, Nevada; New York, New York; Los Angeles, California; Nampa, Idaho; Salt Lake City, Utah; South Fargo, North Dakota; Shiner, Texas; New Castle, Delaware; Bridgewater, Massachusetts; Dallas, Texas; and Wilmington, Delaware. Additionally, there are storage facilities in Wilmington, Delaware.
It entrusts its recommended custodians with the responsibility of safeguarding the gold and silver. The Delaware Depository, which is an IRC-408n authorized IRS storage facility and is guaranteed by Lloyd’s of London for one billion dollars, is the company’s preferred depository.
The following individuals are recommended as Augusta’s custodians:
The Equity Trust This custodian corporation has more than 25 billion dollars in assets under management, has been in business for more than 30 years, and serves all 50 states as a provider of self-directed individual retirement accounts.
GoldStar Trust Company – GoldStar It is a part of the Happy State Bank in Texas and has over 38,000 individual retirement accounts that it directs alone. The Better Business Bureau has given GoldStar an A+ rating.
Kingdom Trust – It has been a long-time partner of Augusta in the custodianship of precious metals, and it is responsible for the management of assets totaling roughly $12 billion. It provides one-of-a-kind and cutting-edge custody solutions to its more than 100,000 customers and prides itself on being an industry leader.
You are able to communicate your decision to the account agent if you feel that it will be more convenient for you to keep it in another facility. Within seven to ten days of the confirmation of your order, the precious metals you ordered will be delivered to you for storage. You are permitted to make visits to the prison throughout your time in custody in order to view or withdraw your assets. Be aware, however, that if you remove money from your IRA before the required withdrawal age, you may be subject to additional taxes and penalties.
Every single depository storage facility is a secure and safe location. The majority of them are situated in remote areas, far away from political and financial hubs. Augusta ensures that they have all of the necessary legal documentation and are respected within the business. These facilities are privately owned and have no connection to the company in any manner, shape, or form. Each establishment implements stringent access-control methods and makes use of state-of-the-art security technology.
Among the various security measures are:
Vaults with a level 3 of security
Structure with fortifications
Tight restrictions on the available stock
Guaranteed up to one billion dollars
In accordance with the norms and standards of the industry
Direct interaction with the members of the staff
Reviews, ratings, and customer complaints section for Augusta Precious Metals 2022
Augusta Precious Metals’ excellent standing in the field of financial savings and investments has been significantly bolstered by the company’s ten-year history in the sector. It was awarded the highest possible ratings by groups that provide impartial reviews. The company was given two of the most prestigious accolades in the business world as a result of its outstanding performance: the Stevie Award for Customer Service Success and the Sales Distinction of the Year Award. It is a member in good standing of the Ethics.net community.
Reviews All things considered, Augusta Precious Metals Reviews are quite outstanding. One of Sitejabber’s unverified customers had left a negative review in the past, but since the customer’s identity could not be confirmed, the review could not be relied upon.
TrustLink has given it a rating of 5.0 out of 5 stars, and it has been on their “Best of” list for many years.
4.9 out of 5 stars from Google My Business ratings and reviews
a score of 5.0 from the Department of Consumer Affairs
4.8 stars out of 5 from Facebook, which is considered a Very High Rating.
a perfect score of five stars on Yelp
Some excerpts are as follows:
Joe Montana, a quarterback who was inducted into the Hall of Fame, has nothing but compliments for this player. Working with Augusta Precious Metals has been a really positive experience overall. “I want to commend Augusta for their commitment to working as a team, their professionalism, and their effectiveness.”
Clients of the World-Class Precious Metals Individual Retirement Account Service Ryan S “Not only are they knowledgeable, but they are also thorough, thoughtful, and responsive. You would be wise to give some thought to seizing this one-of-a-kind chance with a great firm.
Augusta Precious Metals educates – client Richard G “My experience working with Augusta Precious Metals was really educational, insightful, and professional… The money dealings went off without a hitch and were very clear. Once more, their perseverance and expertise were plain to see.”
Augusta Metals are excellent – The Thomas S. When you work with them, they make you feel like a member of the family.
Greg R. and his team are consummate professionals with integrity. “They are consummate professionals, I recommend Augusta Precious Metals without any reservation what so ever, and I am grateful to those two guys (Sean and Frank) whose professionalism was exceptional,”
Sincere, dependable, and they helped me save a significant amount of time — A. Jayson T. When it comes to providing excellent customer service and managing gold IRAs, Augusta is the best firm to work with.
Armen A. is our very first-time buyer. “This was my first time purchasing precious metals, and I had no idea what I was doing. A presentation that was informative, pressure-free, and straightforward detailed all of the available alternatives… in the end, I was pretty at ease and felt that I had a good understanding of the process.”
The kind of business with whom I am excited to engage in commercial transactions — Gregory W “In such a short amount of time, you couldn’t have asked for a more basic presentation and Q&A session,” the speaker said.
Excellent company – Louise S “The company itself made quite an impression on us… They handle the processing of the account in its entirety and make it as simple as possible, inspiring a great deal of confidence.
Tamara W., who is “very thrilled” They spent a lot of time with us, took care of everything in an excellent manner, and worked hard to earn our confidence.
The Better Business Bureau has given the company an A+ rating (4.97 percent) (BBB)
The Business Consumer Alliance has given this product an A+ grade (BCA)
According to IRAGoldAdvisor.com, the Most-Trustworthy Gold IRA Company in the United States
Reviews from verified reviewers on Facebook, the Better Business Bureau, and Consumer Affairs:
The feedback that I received from Todd U was, “Very strong and professional presentation.”
“Very instructive from the very beginning, learning the ins and outs of a Gold and Silver IRA,” said Alain, who is from New York. I can’t say enough good things about Augusta Precious Metals.
Augusta is highly recommended by Stephanie Drum – “I would like to comment on what an outstanding presentation that was. It was really educational as well as interesting.
Complaints
The record of success achieved by Augusta is quite remarkable. The Business Consumer Alliance does not contain any unfavorable comments or complaints against the company. On the other hand, in 2019, there was a claim that it had sold more bullion items than the legal criteria that were authorized. The sale was made without the corporation first registering it with the appropriate authorities. The Better Business Bureau was in charge of resolving this legal dispute that had arisen between Augusta and the Minnesota Department of Commerce. The problem had already been fixed, but it was not clear if the corporation had paid the punishment of $3,000 or whether it had been excused entirely.
Simply click here to receive your free gold IRA kit.
Where to Begin with Augusta Precious Metals and How to Proceed
A one-on-one online conference with Devlyn Steele, the director of the department handling education, is required of all customers of Augusta Precious Metals before they are allowed to open an individual retirement account (IRA) with the company. The presentation covers all you need to know, including how to set up an account, the fees involved, the economic factors that influence the market price of gold and silver, and the techniques that other gold IRA firms use to gain investors. During the question-and-answer session, you have the opportunity to ask for clarification.
It’s not difficult to open a self-directed individual retirement account. You simply need to proceed in the following order:
The first thing you need to do is open a new IRA. In order to open an account, you will need to fill out a form.
Step 2: Fund your IRA. It requires transferring the money from an existing individual retirement account (IRA), Roth IRA, 401(k), 403(k), or any other sort of retirement account you may have. An account executive will walk you through the rollover process step by step to ensure its success.
Step 3: Invest in precious metals like gold or silver. Purchase coins that have been authorized for purchase by the IRS and were struck in the United States, such as American Gold Eagles and American Silver Eagles. You can also examine the list of coins that are struck in other nations but are still legal tender in the United States according to the Internal Revenue Service. The pricing are based on the going rates in the market.
A Concluding Remark Regarding Augusta Precious Metals Reviews
At this point, we can say with complete candor that Augusta Precious Metals is among the best gold IRA companies in the United States because of its stellar track record, trustworthiness, performance, transparency, and customer service. This assessment is based on our examination of the Augusta Precious Metals Reviews. It differentiates itself from the competition through the emphasis it places on education. This provides prospective customers with in-depth understanding about the gold IRA, including its advantages and disadvantages as well as what to anticipate from it. Additionally straightforward and easy to understand is the company’s gold IRA transfer or rollover.
In general, Augusta is the ideal organization for individuals who are looking for a business that not only meets but exceeds their expectations as well as the promises it makes.