Augusta Precious Metals Reviews


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About Augusta Precious Metals Reviews
Augusta Precious Metals is a gold and silver dealer offering both cash purchases and precious metal IRAs. You can choose from several depositories to store your precious metals, and it has multiple custodian options, too. Augusta provides lifetime customer support for your gold and silver investments.
Pros & Cons
Pros
- Lifetime customer support
- Three custodian options
- Transparent purchase information
- Bulk precious metals discounts available
Cons
- No online orders
- $50,000 minimum for orders
Bottom Line
Augusta Precious Metals can help you buy gold and silver for home shipment or to use in an IRA. Its custodian and storage options help it stand out, but its order minimum can make investing difficult.
Featured Reviews
I was looking for a company to move my IRA into gold and silver. I contacted several companies, some with high pressure salesmen, some with sales pitches with “free gold or silver...
Read full reviewThe Zoom call I attended was planned very well with a combination of video, slide show, and 1:1 chats. The information was very helpful, and my questions were honestly and clearly...
Read full reviewGold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
What is Augusta Precious Metals?
Augusta Precious Metals is a Wyoming-based gold IRA dealer that can help you set up a self-directed IRA and send IRS-approved precious metals to secure depositories located throughout the country and in Canada. Augusta Precious Metals also offers cash purchases if you want home delivery.
The company provides educational information for investors on its website, including market news, videos and a required minimum distribution (RMD) calculator. The company also offers a free webinar for potential investors who have saved $100,000 or more.
Augusta donates a portion of its net proceeds to K9s for Warriors.
How does Augusta Precious Metals work?
Setting up a self-directed IRA with Augusta Precious Metals lets you invest in gold, silver and other precious metals in a tax-advantaged way for retirement. There are three steps to opening a gold or silver IRA with Augusta Precious Metals:
- Open an IRA: Augusta Precious Metals works with three gold IRA custodians, and it can help you set up your self-directed retirement account. Custodian options include Equity Trust, GoldStar Trust Company and Kingdom Trust.
- Fund the account: If you have an existing 401(k), IRA or another retirement account, you can roll over funds from those accounts into your new self-directed IRA.
- Buy gold or silver: You can then purchase precious metals for your IRA. Augusta sends your gold or silver to the Delaware Depository or another secure location in one of several cities around the country.
Augusta has a $50,000 minimum for orders, so you’ll need at least that much to start investing.
Augusta Precious Metals also offers lifetime support for your account. This means if you have questions about your account or need further information, you have access to a company agent whom you can speak to directly. The agent works with you to connect you to the appropriate people within Augusta Precious Metals.
Augusta Precious Metals products
Augusta Precious Metals offers the following gold and silver products:
- Gold and silver coins: You can purchase gold and silver outside of an IRA and choose an approved storage facility, or have it shipped securely to your home.
- Gold and silver IRA: Augusta Precious Metals can walk you through the process of using eligible coins as part of your retirement portfolio.
Augusta Precious Metals pricing
There are no management fees with a self-directed Augusta IRA, but you’ll pay custodian and storage fees. Augusta says its custodians charge $250 for the first year and $200 each year after that.
The cost of the actual gold and silver you can buy varies based on current gold and silver spot prices and market rates for premium coins. However, Augusta is transparent about its ask-to-bid differential on purchases, fees and transaction statuses.
Augusta Precious Metals FAQ
Where does Augusta Precious Metals store gold?
Augusta Precious Metals partners with depositories in:
- California
- Delaware
- Idaho
- Massachusetts
- Nevada
- New York
- North Dakota
- Ohio
- Ontario
- Utah
The company’s preferred depository is located in Delaware, though, and there’s some conflicting information about its depository options on its website.
How much does it cost to open a gold IRA with Augusta Precious Metals?
Other than the purchase prices of the precious metals themselves, you’ll pay setup, custodian and storage fees for the first year of your IRA. Fees for your first year cost $250.
Can I see my gold in person?
It depends on the depository. You can try to make an appointment to travel to the depository and see your precious metals in person, but the depository may not let visitors in.
Where is Augusta Precious Metals located?
Augusta’s corporate headquarters is in Casper, Wyoming, but it has a satellite office in Beverly Hills, California.
Do we recommend Augusta Precious Metals?
Augusta Precious Metals is a viable option if you’re interested in opening a gold IRA, and it offers free resources to help you make sense of the process. Experienced gold IRA owners might also appreciate the company’s bulk purchase discounts and lifetime customer service. It’s helpful that Augusta discloses its order minimum, but having to spend at least $50,000 on each order can be difficult for many investors.
Augusta Precious Metals Reviews
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Reviewed July 26, 2023
Outstanding customer service and transparency, which is exactly what I was looking for in a precious metals company. I researched several companies and the difference is apparent. Augusta Precious Metals educates you and puts you on charge. No hard sales pitch, no hidden fees and no promise of "free silver". Precious metals are a commodity, there are no free goods. You can't go wrong with Augusta Precious Metals.

Sincerely,
Isaac Nuriani, CEO
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Reviewed April 21, 2023
The information presented is educational so that the viewer can make an informed decision regarding a self-directed IRA. Additionally, a review of using precious within the IRA was explained in depth and simplistically which allows the viewer to determine if precious metals is the right investment for everyone. Also, the process to open an account, steps in the process of purchasing and fees are very clear. Overall, a great presentation and guidance from each representative on the webinar

Sincerely,
Isaac Nuriani, CEO
Reviewed April 17, 2023
Very educational experience, lite on the sales and very heavy on the knowledge and educational experience. I walked away feeling more confident and comfortable with my decision to invest in precious metals. They cut through all the fluff as well, no doomsayer, or political motivation behind their message; just facts and history. Throughout the process the team was also very open to questions or concerns. I will invest with this company in the future, I will also point friends and family to them as well.

Sincerely,
Isaac Nuriani, CEO
Reviewed Feb. 28, 2023
Augusta Precious Metals went above and beyond a consumer's expectations in providing everything one needs to know about golds IRA and also what Augusta does in the gold IRA business, with great thoroughness and transparency. I was given a complimentary webinar that lasted more than 1.5 hours where I met with a team of caring and intelligent professionals who shared knowledge with me that I wouldn't have gotten anywhere else! Thank you, Augusta!

Sincerely,
Isaac Nuriani, CEO
Reviewed Feb. 25, 2023
Working with Augusta Precious Metals, they provided understandable information on the purchase of metals towards an IRA fund and all the procedures, transfers and holding facilities involved. They where helpful in every step and provided phone and E mail communication in from beginning to end of the process, and follow up on the satisfaction of the transaction, plus Email documentation.

Sincerely,
Isaac Nuriani, CEO
Reviewed June 23, 2023
I was looking for a company to move my IRA into gold and silver. I contacted several companies some with high pressure salesmen, some with sales pitches with “free gold or silver”. Nothing is free!! This company was upfront with all information, very informative with no pressure, no scare tactics. I Highly recommend Augusta Precious Metals.

Sincerely,
Isaac Nuriani, CEO
Reviewed Oct. 19, 2022
The Zoom call I attended was planned very well with a combination of video, slide show, and 1:1 chats. The information was very helpful, and my questions were honestly and clearly addressed. Thanks for assuring my understanding of the process prior to committing to a purchase.

Sincerely,
Isaac Nuriani, CEO
Reviewed Aug. 21, 2022
This was my first metal purchase. The staff was very nice and helpful with everything. They explained the process and answered all my questions in detail. I was happy with the service that they provided me.

Sincerely,
Isaac Nuriani, CEO
Reviewed July 12, 2022
I initiated a precious metals IRA from APM earlier this year. The sign-up process was straightforward and fairly easy to complete. Transferring all the precious metals to the custodian took longer than I expected but was completed recently. Judging from my experience, I would recommend them to other investors.

Sincerely,
Isaac Nuriani, CEO
Reviewed June 22, 2022
Everyone we spoke to at Augusta Precious Metals was very informative, patient, and understanding of our questions and concerns. They even set us an appointment with their director of education for any additional questions and a comprehensive review of what we covered today during our web conference. I find it incredibly refreshing not to be pressured, and to even have a company recognize that the sheer amount of information may require a revisit, just so you can hear it all again and readdress any questions that may arise in the interim. Thank you APM, and thank you Lauran ** for your guidance and commitment to our pleasurable experience. We look forward to being customers for life. Respectfully, Michael & Morgan **.

Sincerely,
Isaac Nuriani, CEO
Augusta Precious Metals Company Information
- Company Name:
- Augusta Precious Metals
- Website:
- www.augustapreciousmetals.com