By Tim Schmidt
Are you thinking of using gold to secure your financial future? Once you've chosen that route, it's essential to pick the right precious metals company to ensure a secure and smooth process.
Augusta Precious Metals is one of the top gold IRA companies out there and has endorsements from well-known figures, such as Joe Montana, the football legend. Similarly, many satisfied customers have used this brand with no issues.
I have many decades of experience within the precious metals industry. In fact, I've learned that selecting an investment company requires an in-depth look into its processes, services, storage options, and products.
My Augusta gold IRA review walks you through everything the company offers to help you make the right decision. Let's get started.
>> Visit Augusta Precious Metals
A Brief Overview of Augusta Precious Metals
Since 2012, Augusta has focused primarily on precious metals in gold and silver IRAs. This specialization is unique in this industry. Many companies will branch out into other products, such as cryptocurrencies and conventional retirement accounts, to attract a wider audience.
Because Augusta Precious Metals is committed to precious metals investing alone, this adds to its credibility. The company is dedicated to one area of expertise, which offers more reliability and security. This brand's long-standing reputation ultimately reflects that. Overall, its high standards and narrow focus contribute to the business's stellar ratings.
If you're ready for precious metals investing, Augusta offers various gold and silver products, such as:
- IRA-eligible coins
- Premium silver coins/bars
- Premium gold coins/bars
- Common silver bullion coins/bars
- Common gold bullion coins/bars
- Gold and silver purchases
- Gold and silver IRAs
What Makes Augusta Precious Metals Stand Out?
Choosing a precious metals company can be challenging. You must look for services that ensure a smooth and informed investment process. Here are a few features that show Augusta Precious Metals as a trusted advisor:
Educational Resources
Augusta focuses on educating its clients before they invest. This company assesses your goals and offers tailored solutions that align with your needs. Instead of pushing for the sale, this brand's approach is to support information.
In my experience, the customer service team at Augusta Precious Metals was genuinely helpful. I reached out to discuss options, and the person I spoke to guided me through the decision-making process to determine if a gold IRA was suitable. That approach made me feel like I was talking to a financial advisor who cared about my needs.
Beyond the personalized guidance, Augusta offers many educational resources, such as:
- A free gold IRA guide
- A one-on-one web conference with Devlyn Steele (the Harvard-educated economist)
- A comprehensive video library
- Weekly market news updates
Likewise, Augusta has an entire section about precious metal investment scams, which helps people stay informed and aware. Such resources make the platform a knowledge hub that offers insights from the industry's top experts.
Lifetime Customer Support
One of the best services at Augusta is the lifetime account support feature. Most companies will fade out after the sale, but this one focuses on being there for the long term. It maintains professional service beyond your initial investment.
As an Augusta customer, you will get lifetime support from its team of professionals. This means you'll enjoy continuous access to the educational department, a dedicated agent, assistance from the order desk, and help with IRA processing.
A Simple Investment Process
Another impressive feature of Augusta Precious Metals is its simplified investment process. I know that most companies don't make it easy, so that's why I was impressed with this brand's streamlined approach. The team collaborates to handle the paperwork, so everything is stress-free and smooth.
>> Visit Augusta Precious Metals
Augusta Gold IRA Reviews From Consumer Review Websites
With my decades of experience in the precious metals industry, I conducted thorough research on Augusta. It has fewer customer complaints than other brands. In fact, it has a spotless record across various platforms, such as the Business Consumer Alliance, the Better Business Bureau, and Consumer Affairs.
Here is a close look at how consumer review websites rate Augusta:
| Consumer Protection Agency | Rating | Number of Reviews | Complaints Within the Past 12 Months |
| Consumer Affairs | 4.9/5 | 147 | None |
| Trustpilot | 4.8/5 | 143 | One (One-star review) |
| Business Consumer Alliance | AAA | 103 | None |
| Better Business Bureau | A+ | 94 | None |
On the Consumer Affairs website, you'll see many Augusta Precious Metals reviews. These are just a few of the top ones:
- Augusta Precious Metals (Jan): Russ from Richmond, TX, said that his session was concise, clear, and to the point. The representative answered his questions and was personable.
- Augusta Precious Metals (Nov): Jesse from Lexington, KY, said that everyone at the company made the process very enjoyable. It was clear that Augusta wanted to educate customers when purchasing precious metals.
- Augusta Precious Metals (Dec): Jason from Buena Park, CA, said that Augusta had very transparent processes and excellent buyback options. Everything was clear, and he'd recommend the company to others.
Service Fees at Augusta Precious Metals
Overall, Augusta Precious Metals offers a simplified investment process, lifetime account support, and comprehensive educational resources. However, it also stands apart from the competition because of its transparent pricing. Here is a breakdown of the fees:
- Annual Custodian Fee: $100
- Custodian Application Fee: $50 (once)
- Depository Storage Fee: $100
Typically, you'll pay $250 for the first year, and the annual fees will drop to $200 after that. Plus, Augusta covers the shipping and liability insurance for your precious metals on each purchase. Therefore, you know the items will arrive at the storage location safely.
Beyond the standard charges, you'll pay a margin fee, which varies based on the product. Still, this company's markup on common items is comparable to other gold IRA providers. Be aware that Augusta has a minimum investment requirement of $50,000.
>> Visit Augusta Precious Metals
Storage Options at Augusta Precious Metals
Augusta Precious Metals partners with various storage facilities to protect your gold IRA products. They are located throughout the US.
Once you complete the transaction, the physical gold products are delivered securely to the facility you choose within seven to 10 days.
These are the current storage locations offered by Augusta:
- Springfield Gardens, New York
- New Castle, Delaware
- Wilmington, Delaware
- Jackson, Ohio
- Salt Lake City, Utah
- Los Angeles, California
- Mississauga, Canada
How to Invest at Augusta
If you want to set up a self-directed IRA with Augusta, the investment process is simple. There are only four steps:
1. Contact the Gold IRA Company
When you contact the team, a representative will provide you with an application to set up your self-directed IRA account.
2. Transfer Funds
Once you complete the form, you'll transfer funds from your existing retirement account into the new one. If you have problems, Augusta will help you do this.
3. Purchase Precious Metals
It's now time to purchase precious metals. You'll call the Augusta order desk. The representatives here will share a list of IRA-eligible gold so that you can pick the items you want and finalize the process.
4. Set Up Delivery
After you purchase the products for your precious metals IRA, you'll sign up for delivery at the depository. Those items will be delivered to a secure location.
However, if you aren't investing in a gold IRA, you can have the precious metals delivered directly to your address.
>> Visit Augusta Precious Metals
Pros and Cons of Augusta
Pros
- A strong focus on customer education for precious metals investment
- Lifetime account support from real professionals
- Professional assistance to help manage paperwork and open a precious metals IRA account
- Straightforward investment process
- Positive feedback from many customers
- A dedicated educational section with tips on avoiding gold IRA scams
- Latest precious metals market news
- A video library with economic updates
- Free web conferences to learn about diversifying your portfolio
- Real-time price charts to stay updated on the most recent gold prices
Cons
- Only available in the US (one depository location in Ontario, Canada)
- At least $50,000 required to invest in a gold IRA with this company
Final Thoughts
When reviewing everything that Augusta Precious Metals offers, it's clear why this company has a strong reputation. From its transparency and professional expertise to exceptional customer service and comprehensive educational resources, this brand exceeds high standards in all areas.
Even with my extensive knowledge in the precious metals industry, I recommend that you evaluate Augusta's services and products yourself to ensure that they meet your needs. Everyone is different, so it's important to make sure that the company provides what you require.
Hopefully, this detailed review addressed your concerns and questions. My goal is to help you find the best gold IRA company for your situation.
>> Visit Augusta Precious Metals
Frequently Asked Questions
Is Augusta Precious Metals Legitimate?
Yes, Augusta Precious Metals is legit and works with EquityTrust. I personally use this company to hold my precious metals and have been satisfied with their ability to act as my custodian.
They are widely considered a top self-directed IRA custodian and has been around since 1973.
Are the Reviews About Augusta Authentic?
While some Augusta gold IRA reports might not be authentic, I look at multiple sources to get a clear idea of how the brand is doing. The company has many positive remarks from trusted consumer review sites, such as the Better Business Bureau and the Business Consumer Alliance.
Are There Hidden Costs Associated With Augusta Precious Metals?
No, you won't find hidden costs when investing with this company, and it shows the fees in a helpful PDF.
About Tim Schmidt
Tim Schmidt is an Entrepreneur and Serial Investor. Since 2012 he's been an advocate of alternative investments using a Self Directed IRA. His work has been featured in Yahoo! Finance, USA Today, Business Insider, and Tech Times, among others.
