Augusta Precious Metals

Augusta Precious Metals

 4.9/5 (133 reviews)

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Overall Rating4.9 out of 5
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About Augusta Precious Metals

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

    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.

    Top Augusta Precious Metals Reviews

    Verified

    Augusta provided a professional, objective and honest presentation of their services, processes and relationships with the industry and related companies. It was informative, and ...

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    Verified

    Great company to work with! Very educational in the beginning learning the in’s and out’s of a Gold and Silver IRA. They made it very easy withdrawing money from my 401K and initi...

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    Gold 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.

    About Augusta Precious Metals

    Augusta Precious Metals can help you set up a self-directed IRA and send IRS-approved precious metals to secure depositories, but it 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 also donates a portion of its net proceeds to K9s for Warriors.

    Augusta Precious Metals gold and silver IRAs

    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:

    1. 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.
    2. 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.
    3. 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 cost

    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 will Augusta Precious Metals store my 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 and silver 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.

    What precious metals can I include in my IRA?

    Augusta Precious Metals offers IRA-eligible coins in gold and silver.

    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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    Page 1 Reviews 0 - 5
    Verified Reviewer Verified Buyer
    Original review: 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

    Augusta Precious Metals response
    Hi, James: Thanks so much for your positive comments about our team. It's important to have good information before making a decision, and we want you to know we will be available anytime during the lifetime of your account to assist you.
    Sincerely,

    Isaac Nuriani, CEO

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    Verified Reviewer Verified Buyer
    Original review: 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!

    Augusta Precious Metals response
    T, thank you very much for sharing an account of your positive experience with our team. It's worth it to us to take the time needed with every customer. Don't forget, we'll be here as your personal resource as long as you need us -- through the entire lifetime of your account.
    Sincerely,

    Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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.

      Augusta Precious Metals response
      Thank you, David. We appreciate your positive review of our team and look forward to assisting you with the same high level of service throughout the lifetime of your account.
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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.

      Augusta Precious Metals response
      Hello, Daryl. Thank you so much for taking time to let everyone know your experience with us was positive and helpful. Our goal is to make the process quick, easy, transparent, and easy to understand. We look forward to serving as your personal resource through the lifetime of your account.
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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 **.

      Augusta Precious Metals response
      Hi, Michael. I'm happy to hear we were able to provide the information you needed before opening an account. That is exactly why we have set up our team to be in a position to take questions and patiently get you answers you need if we can. We will be here working with you for the duration -- the entire lifetime of your account.
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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.

      Augusta Precious Metals response
      Cody, our team was happy to help, and we look forward to talking with you more. As you know by now, we are committed to providing support for you (including all that great information) throughout the entire lifetime of your account.
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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.

      Augusta Precious Metals response
      Martin, thank you for taking time to share this. It was our team's pleasure to assist you with this very important process--and I want you to know the same service is available to you throughout your entire account lifetime. Don't hesitate to call on us!
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer Verified Buyer
      Original review: 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.

      Augusta Precious Metals response
      Thank you for your comments, Fred. I'm happy your experience with our team was positive. We are sensitive to the need to make the process quick and easy for our customers. Sometimes things beyond our control slow it down, but we will keep pressing ahead to become ever more efficient. Remember we are here to support you through the lifetime of your account — don't hesitate to call on us!
      Sincerely,

      Isaac Nuriani, CEO

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      Verified Reviewer
      Original review: May 8, 2022

      I was recommended Augusta by a friend. I was interested in learning more about a precious metals IRA. They set up a zoom meeting and I was provided with a very detailed presentation. Afterwards they answered all of my questions. They were very helpful and knowledgeable. I appreciated that they do not pressure you to open an account with their company.

      Augusta Precious Metals response
      Sasha, thank you for letting us know your work with our team was helpful. Don't hesitate to check in again at any time. We will be here to help for the entire lifetime of your account.
      Sincerely,

      Isaac Nuriani, CEO

      Be the first one to find this review helpful
      Verified Reviewer Verified Buyer
      Original review: April 20, 2022

      Participated in the Augusta Precious Metals webinar. It was very informative with knowledgeable staff. Felt very comfortable being able to ask questions. So far impressed with the company. A bonus was to find out that you get a free silver coin with each review that you do.

      Augusta Precious Metals response
      I appreciate your taking the time to write this review, Joe. It's important for people to have this information and it's to your credit that you sought it out. The team is committed to being there for you to make the process easy and quick -- and we stay in touch, serving as your personal resource, throughout the life of your account. We are here to help...
      Sincerely,

      Isaac Nuriani, CEO

      Be the first one to find this review helpful

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        Augusta Precious Metals Company Information

        Company Name:
        Augusta Precious Metals
        Website:
        www.augustapreciousmetals.com

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