Augusta Precious Metals Review

Augusta Precious Metals Review | Is It Still a Reputable Service in 2023?

If this is the first of many Augusta Gold IRA reviews that you plan on reading, then you’re in the right place to start. I know everything you need to know about this company and more. My guess is you’re asking some of the common questions that many other investors are asking. Questions such as…

  • Who owns Augusta Precious Metals?
  • Who is Augusta Precious Metals?
  • How much does Augusta Precious Metals charge?

I’ve answered all these questions and more in my detailed review published below.

Finding a reputable gold or silver IRA company isn’t as easy as many people would think. There are dozens of different companies, and each one has particular fees, features, and customer support departments. Considering we’re talking about precious metals, it’s vital to choose the right company from the start to prevent any issues with your money.

In this case, we’re going to talk about Augusta Precious Metals, which has been labeled one of the best companies to invest in a gold/silver IRA or other precious metals. Even if Augusta Precious Metals has already a good reputation as a precious metals company, it’s vital to check whether it’s still a good option for gold IRAs or silver coins today.

If you want to learn more about Augusta Precious Metals and how you can expand your precious metals portfolio with this company, keep reading this review!

A Top 3 Gold IRA Company (2023)
Augusta Precious Metals

Thousands of 5-star ratings and named the Best Overall Gold IRA Company in 2023 by Money Magazine. Winner of the Best of Trustlink award for six years. Joe Montana recommends Augusta.

What Is Augusta Precious Metals?

As stated by several Augusta Precious Metals reviews, this is one of the leading silver/gold IRA specialist companies worldwide. Overall, Augusta Precious Metals’ goal is to help Americans understand their economy better by buying gold and silver bullion in IRAs to improve their retirement conditions.

Augusta Precious Metals has been involved in the space for over 10 years, making it one of the oldest companies that have worked to sell gold and silver coins to investors. Considering that the United States Securities and Exchange Commission advises investors to diversity their retirement portfolios, Augusta Precious Metals offers a wide range of options to fund a person’s tax-advantaged retirement account with a precious metal, which can be silver bullion coins, physical gold, and others.

In essence, Augusta Precious Metals works a bit differently than any other precious metals company since it provides specialized customer support to achieve a streamlined gold IRA process, which is perfect for people starting to invest in precious metals IRAs and diversify their investment portfolio.

The company’s ambassador is Hall of Fame quarterback, Joe Montana. According to Joe Montana, Augusta Precious Metals is likely to be one of the best gold IRA companies today. Once he discovered this precious metal IRA company, he wanted to help other Americans make the most out of their retirement accounts through gold and silver investments.

Overall, some of the things you can do with Augusta Precious Metals involve the following:

  • Purchasing physical gold and silver through a self-directed IRA
  • Purchasing silver and gold coins (as long as they’re IRA-compliant)
  • Gold and silver cash purchases

On the other hand, the company offers several features to make your precious metals purchase experience much more comfortable. Some of these features include the following:

  • Free, educational material for investors in precious metal IRAs
  • Professional analytics teams
  • Free shipping and insurance
  • Pricing charts for accurate gold and silver prices
  • Lifetime customer support

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What Is Augusta Precious Metals Known for?

Many experts have recommended Augusta Precious Metals over other gold IRA companies due to its customer service for those who want to purchase gold and silver items. It’s important to note that Augusta Precious Metals only works with gold and silver; it doesn’t work with platinum or palladium bullion. Users looking to purchase these other premium coins may have to look elsewhere in the precious metals market.

On the other hand, Augusta Precious Metals is also known for three particular factors, which are explained on the company’s website. While the following are claims from the company, several users recommend Augusta Precious Metals for these particular reasons:


This gold IRA company is highly transparent with the information it provides to retirement savers. Overall, Augusta Precious Metals customers have access to information regarding “ask” to “bid” differential on any purchase. Moreover, the Augusta Precious Metals IRA company doesn’t charge any hidden fees and updates your gold and silver transaction status in record time.
Finally, the Augusta gold company is ready to answer any questions its customers may have at any point in the process, which makes the experience much more user-friendly for everyone.


One of the main complaints when purchasing gold or silver coins is that the process tends to be tedious and overwhelming for some people. Augusta Precious Metals ensures users have an easier time with their gold and silver purchases by doing 95% of the legwork, including pre-selecting the product. According to several reviews and the company’s ambassador, Joe Montana, Augusta Precious Metals services are some of the most user-friendly ones on the market.
Finally, the Augusta gold company is ready to answer any questions its customers may have at any point in the process, which makes the experience much more user-friendly for everyone.

Customized Metals Portfolio:

A great thing we wanted to point out for this Augusta Precious Metals review is that the company assigns its customers professional agents with the required knowledge to help them with their gold IRAs. Having a good IRA gold advisor is key for those who want to build an extensive portfolio of precious metals products, so this company made sure to work with the right people for the job.
Finally, the Augusta gold company is ready to answer any questions its customers may have at any point in the process, which makes the experience much more user-friendly for everyone.

If you want to learn more about how to work with this company to purchase precious metals, keep reading our Augusta Precious Metals review!

How to Build a Precious Metals IRA with Augusta Precious Metals?

We want to make this Augusta Precious Metals review as detailed as possible for everyone, so here’s the entire process for making investments for your gold and silver IRA with this company:

Opening an Account:

The first step into purchasing physical precious metals and working on your retirement savings is to open an Augusta Precious Metals account. According to this company, you may work with companies such as Equity Trust, Kingdom Trust, or Goldstar Trust to start purchasing precious metals since they have a much higher level of experience and integrity than other account custodians.

Funding the Account:

You may make a transfer from your bank account or use a gold IRA rollover to fund your account. A gold IRA rollover process happens where the user has an existing retirement plan, such as the 401(k) or 403(b) through their employer. If the user leaves the company, they can roll the money in these retirement plans to their gold IRA. It’s important to note that anyone can contact Augusta Precious Metals for more information on the matter.

Purchasing Eligible Gold and Silver:

The final step is to simply buy gold and silver that’s eligible for your IRA. Generally speaking, Augusta Precious Metals offers gold/silver bullion, bars, and rounds. Moreover, the company also offers premium coins for gold and silver IRAs. Once you purchase your physical metals, the company is going to store them in a secure and insured facility.

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What Are Augusta Precious Metals’ Fees?

It’s highly important for users to understand how gold companies work with their fees at the time of buying precious metals. As mentioned at the beginning of this review, all precious metals companies have different pricing models, and Augusta Precious Metals is not the exception.

Keep reading below for a detailed list of how the fees for this company work:

  • Application Fees:

    In essence, you must pay a fee of $50 to set up your gold IRA with Augusta. Considering the value of these precious metals and how the company sets up everything, we believe this is a fair price.

  • Annual Fees:

    Users must pay $80 each year in custodian fees. Additionally, if any user is also working with particular storage, they must also pay $100 in storage fees annually. As mentioned before, Augusta Precious Metals doesn’t charge any shipping fees to its clients, which may help them save some money in the long run.

  • Minimum Purchase Amounts:

    One of the downsides to Augusta Precious Metals is its minimum purchase amounts. Overall, users need to invest a minimum of $50,000 for their IRA purchase. In case the user wants to make a purchase outside their IRA, they must pay a minimum of $25,000.

It’s vital to note that whether you want to purchase premium gold or any other precious metal, some of these fees may vary depending on your situation. Additionally, Augusta Precious Metals doesn’t charge its users any commission fees over gold or silver spot prices.

How Does the Augusta Precious Metals Storage Work?

Storage is one of Augusta’s best factors. Overall, this company ensures your investment is always safe regardless of the area you chose to put your precious metals in. According to Augusta, all metals are stored in highly secure, risk-averse, fully-insured, and non-government depositories. Additionally, the company offers its users several options for this process.

Typically, users’ precious metals are stored in the company’s Delaware depository. However, these users may choose among several other facilities scattered throughout Canada and the United States. These facilities are located in Jackson – Ohio, Salt Lake City – Utah, Mississauga – Ontario – Canada, and many more. All of the company’s facilities use Class-3 security vaults, fortified buildings, strict access, inventory controls, and many more.

It’s vital to note that Augusta’s facilities are insured to $1 billion, so you don’t have to worry about any problems with your metals in the near future. Additionally, these facilities are privately owned and are not associated in any way with the company, meaning they may charge undisclosed storage fees, depending on which one the person chooses.

In most cases, every purchase may take from five to 10 days to get processed, depending on how fast the transfer goes through. Moreover, precious metals get shipped approximately seven to 10 business days after the payment gets processed.

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Augusta Precious Metals Complaints

One of the first things every potential investor must do when looking for a gold company is to look for reviews and complaints online. In the case of Augusta Precious Metals, we found no particular complaints about its service.

The company got an A+ rating from the Better Business Bureau (BBB), which is one of the most reputable websites where companies can get accredited. If you want more information about the company’s user reviews, you may read BBB’s website.

On the other hand, the Business Consumer Alliance gave Augusta Precious Metals an AAA rating based on over 70 reviews. Keep in mind that an AAA rating is the highest a company can get on this website. As with the Better Business Bureau, there are no complaints about this company yet.

Should You Invest in Precious Metals?

While investing in metals seems like an attractive option for most people, it’s considered a risky investment, and it’s not for everyone. However, gold and silver are easier to liquidate than other assets, which is perfect if you want to cash in on your investments at some point. Keep in mind that there’s always someone wanting to buy gold or silver, so finding a buyer isn’t going to be challenging.

However, keep in mind that diversifying your retirement account with these metals can be highly expensive, especially if you decide to work with Augusta. As mentioned before, this company requires a minimum investment of $50,000 to start your IRA, which is not a low number.

If you’re willing to make such a significant investment, choosing gold and silver as options to diversify your portfolio can be an excellent choice to make.

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Bottom Line

Augusta is known for building strong, long-term relationships with its clients. Overall, the company offers the right educational material and guidance for investors to understand what they’re doing and what the best financial decision to make can be.

If you want to diversify your portfolio with one of the best companies on the market, Augusta is a great choice and should be considered if you are looking to invest in gold or silver.

A Top 3 Gold IRA Company (2023)
Augusta Precious Metals

Thousands of 5-star ratings and named the Best Overall Gold IRA Company in 2023 by Money Magazine. Winner of the Best of Trustlink award for six years. Joe Montana recommends Augusta.

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