Augusta Precious Metals Review – Reveling How They Really Operate
Augusta Precious Metals is rated one of the best gold and silver IRA suppliers for customers seeking education, transparency, and a corporation with a track record of repeat business. In this article, we will be going through the Augusta Precious Metals Review, and will share with you everything from what they do, what we like, what we don’t, and so much more!
What is Augusta Precious Metals?
Augusta Precious Metals is a gold IRA provider that offers a variety of precious metals IRA products to aid customers who want to use precious metals to hedge against inflation risks (or diversify their portfolio).
To begin working with Augusta, customers must have at least $50,000 in retirement savings, such as IRAs or 401ks.
Gold IRAs are a little different than traditional IRAs, and organizations like Augusta Precious Metals have built their businesses around making precious metals IRA onboarding as simple as possible.
Why Investing In Precious Metals Is Important
Investing in precious metals such as gold and silver is important because these assets have proven over time to be dependable stores of value. Unlike paper currency or stocks which can lose their value overnight due to market turbulence or government policies, physical gold and silver have retained their intrinsic value for centuries.
Moreover, during times when economies are unstable or inflation rates are skyrocketing (as we have seen during pandemics like the most recent pandemic), owning precious metals can provide stability for your portfolio by offering a hedge against inflation. By allocating some portion of your investment portfolio into physical gold or silver coins/bars through reputable dealers like Augusta Precious Metals, you are taking a proactive step towards securing your financial future.
Augusta Precious Metals Review
Augusta stands out as a group of highly trained specialists who can provide consumers with genuine assistance based on their experience and understanding. Although consumers can buy gold and silver outside of an IRA, the company specializes in Gold IRAs.
On the other hand, other gold companies sell precious metals IRAs as one of several distinct products.
The advantages of specialization may be seen in the numerous free resources available, the simple and simplified process, competitive rates for the most popular products, and client loyalty and repeat business.
This organization provides clients with honesty and integrity, as seen by numerous customer reviews and good ratings on reputable rating platforms.
History and Background of the Company
Augusta Precious Metals was founded in 2012 by Isaac Nuriani. The company is based in California and has quickly become one of the industry’s most respected and trusted names.
The team at Augusta has decades of experience in finance, economics, and precious metals investing, which has enabled them to create innovative strategies that have proven successful for their clients. The company is making big moves as the continue to partner with big ambassadors.
They have now partnered with none other than Joe Montana. The partnership seems like a logical fit, as Montana and precious metals have a history of being successful repeatedly.
Additionally, the company prides itself on providing unbiased advice that is tailored to each client’s individual goals and needs.
Augusta Precious Metals Pros And Cons
Pros
- Fee structure is clear.
- Outstanding reviews and a dedicated crew.
- Low fees
- No additional commissions are added to listed prices.
- Outstanding reviews and a dedicated crew.
- Free Gold
- Zero management fees.
- 7-Day Price Protection Program allows premium product purchases to be revised to a lower price.
- Account Lifetime Support provides ongoing account services.
- Metal buybacks may be available.
Cons
- There is a minimum investment requirement.
- Only gold and silver are available; platinum and palladium are not available.
Pros
Diversification of Portfolio: Why it’s Important
Diversification is a crucial aspect of any investment strategy. Investing in different assets, you spread out your risk, which can help mitigate losses if one asset class performs poorly.
That is why diversification is one of the biggest pros when it comes to investing in Augusta Precious Metals.
Augusta Precious Metals offers a unique opportunity for investors to diversify their portfolios by purchasing physical precious metals such as gold and silver. Investing in precious metals like gold and silver can provide a hedge against the volatility of other assets like stocks and bonds.
These precious metals have historically held their value over time, even during market crashes or economic downturns. Adding physical gold and silver to your investment portfolio can diversify your holdings and reduce risk.
Protection Against Inflation and Economic Downturns
Precious metals have long been seen as a hedge against inflation.
As governments print more money to stimulate the economy, the value of traditional currencies such as the US dollar begins to decline. On the other hand, gold has historically held its value during times of inflation because it is a tangible asset with intrinsic worth.
Additionally, during times of economic uncertainty or recession, investors often flock to safe-haven assets like gold and silver. As equity markets decline or central banks cut interest rates to stimulate growth, investors may turn towards precious metals as a way to protect their wealth.
Potential for High Returns on Investment
While many think of precious metals as a way to protect wealth rather than grow it substantially, there is potential for high returns on investment with Augusta Precious Metals. The value of gold and silver has increased significantly over time.
Over the past decade alone, gold has increased in value by almost 150%.
Furthermore, when traditional investments like stocks and bonds underperform, precious metals can sometimes take center stage.
In many cases, gold and silver prices will rise when other asset classes are struggling. The potential for high returns on investment makes Augusta Precious Metals a smart choice for investors looking to diversify their portfolio while also taking advantage of growth opportunities.
Fees & Prices
- The quoted precious metals prices do not include any commission fees.
- Augusta pays for all shipping and liability insurance until the customer receives the metals.
- Fees charged by the custodian: The application fee is $50, and the annual fee is $80.
- Annual depository storage fee example: $100
Inquire about getting your fees paid for the rest of your life. - The cost of precious metals bullion products is marked up by about 5%.
Storage
- Augusta Precious Metals’ IRA gold and silver is held at the Delaware Depository or another highly secure, insured depository.
- Precious metals purchased with cash can be stored wherever the customer wishes.
Minimum
- A $50,000 minimum purchase of gold and silver in an IRA is required.
- Outside of an IRA, a minimum purchase of $25,000 is required.
Products and Services
Some gold companies sell everything from gold jewelry to small direct purchases of collectible coins, and they work with anyone.
Augusta Precious Metals focuses almost entirely on 401(k) to gold IRA conversions (Gold IRAs).
This isn’t the place to go if you want to buy a few collectible-proof coins.
As previously stated, new accounts require a minimum deposit of $50,000, and most of their customers are looking to invest their retirement funds in precious metals; therefore, the coins they offer must meet IRS requirements for inclusion in an IRA.
Their products aim more at serious investors who want to use gold and silver to hedge against inflation than hobbyists and collectors.
Augusta precious metals can help with cash sales, but for the purposes of this Augusta precious metals review, we’ll be focusing on their gold IRA.
Some additional features include:
- In a self-directed precious metals fund, physical gold and silver are held.
- Coins and bars that are IRA-eligible
- Purchases of gold and silver in cash
- Customer service that lasts a lifetime
- Detailed educational materials on the economy and precious metals are available.
- Professional analytics team is available to you.
- Shipping is free, and insurance is included.
- Calculator and pricing chart available online
Augusta Gold And Silver Bullion
Augusta has you covered if you’re looking for physical gold and silver (bullion).
Augusta stands out as a great place to buy physical gold and silver, with a variety of options ranging from gold and silver bullion to premium gold and a large selection of gold coins.
Take a look at this:
Here are a few possibilities:
1 oz. gold bar 10 oz. gold bar 10 oz. gold bar 10 oz. gold bar 10 oz. gold bar 10 oz. gold bar 10 o (1 oz. Coin – Random Year)
Austrian Gold Coin (1 oz) (Random)
American Eagle in Gold (.25 oz – Random Year)
Premium Gold and Silver
Augusta has a lot of great options if you want to buy premium gold or premium coins.
Many people enjoy the idea of purchasing physical metals (is there something tangible about buying gold that makes it more enjoyable? ), and premium gold and silver coins are frequently discussed with their advisor when they’re weighing their options for their precious metals portfolio.
Customers of Augusta Precious Metals have a wide range of premium precious metals to choose from.
Gold and Silver IRA
Augusta has built a reputation for offering the best Gold and Silver IRA options available. They will assist you from the start, even before you start, by educating you on the benefits and drawbacks of investing in gold.
They can assist you in determining how much of an inflation hedge gold can provide for your assets, as well as completing 95 percent of the paperwork required to diversify some of your portfolio into gold.
They act as a liaison between you and the custodian who will actually house and secure your gold, in addition to assisting you with the IRA setup. This means that you can have as much or as little involvement with your physical assets as you wish.
Customer ratings
We searched the internet for verified Augusta Precious Metals customer reviews, but we were unable to locate any Augusta Precious Metals complaints at this time.
They do, however, have a slew of positive reviews from review sites all over the internet.
| Source | Rating |
| Better Business Bureau | A+ |
| Business Consumer Alliance | AAA |
| TrustLink (300 Customer Reviews) | 5/5 stars |
Before investing with any precious metals IRA company, check for customer complaints and reviews.
When conducting due diligence on a company, check out sites like the BBB, BCA, TrustLink, TrustPilot, and Yelp.
One common theme among customer reviews is how satisfied clients are with Augusta’s customer service team.
Many customers have reported that the team at Augusta Precious Metals has a friendly and helpful attitude and is always willing to address any concerns or questions they may have.
Clients also appreciate the transparency of Augusta’s pricing structure and the company’s commitment to providing secure and reliable investment options.
Is Augusta Precious Metals Secure and Safe?
The whole point of companies like Augusta is to eliminate the need for you to store physical gold beneath your floorboards…
On the other hand, security is a major concern for almost all of Augusta’s customers, so let’s dig deeper into it in this section.
“Where are Augusta’s physical gold storage centers, and can I visit them?” is the first question.
Augusta storage facilities can be found all over the United States. They work with the largest and most reputable depositories in the United States. If you want to pay a visit (and yes, visits can be arranged with the custodian), you can pick the one closest to you:
- Las Vegas, Nevada
- Springfield Gardens, New York
- Salt Lake City, Utah
- Dallas, Texas
- Nampa, Idaho
Augusta Precious Metals Fees and Pricing
| Augusta Precious Metals Fees | |
|---|---|
| Minimum Purchase Requirements | $50,000+ |
| Startup/Setup Fees | There is a one-time $50 application fee. This includes getting paperwork filed and set up, as well as making sure that gold investing is right for you. |
| Annual Custodian Fees | Many Gold IRA companies aren’t even aware of them. Custodial fees in Augusta are $250 per year for the first year and $100 per year after that. |
| Annual Storage Fees | $100 (Augusta covers this)* |
| Shipping Costs | This is free with a qualifying purchase. Augusta will cover the costs of transporting and insuring your gold during transport on qualified orders, which is something that other Gold IRA companies don’t mention. |
| Markup | 5% (on bullion products) |
Importance of investing in precious metals
The value of paper currency can fluctuate greatly over time due to factors such as inflation or political instability. In contrast, precious metals like gold and silver have been used as forms of currency for centuries and have retained their value over time.
Investing in precious metals can provide a hedge against inflation by retaining value even when the dollar loses purchasing power. They also offer diversification for portfolio protection, as they tend to perform well when stock markets take a hit.
During times of economic uncertainty or geopolitical instability, many investors turn to gold as a safe haven asset.
In fact, during times of crisis or market volatility, gold prices often go up while other investments decrease in value.
Overall, investing in precious metals can be smart for those looking to protect their wealth and secure their financial future. And with companies like Augusta Precious Metals providing education and support every step of the way, it’s easier than ever before to get started.
Company Background
Augusta Precious Metals was founded in 2012 by CEO Isaac Nuriani, who has over 20 years of experience in the precious metals industry. The company’s headquarters are located in Beverly Hills, California.
Augusta Precious Metals is committed to providing its clients with a secure and reliable way to invest in precious metals. The company believes that gold and silver are important assets that can protect investors from inflation, currency devaluation, and economic uncertainty.
Mission and Values of the Company
Augusta Precious Metals is dedicated to providing its clients with personalized service and expert guidance when it comes to investing in precious metals. The company’s mission is to help individuals safeguard their wealth by diversifying their portfolios with gold and silver. Augusta Precious Metals values transparency, integrity, and trustworthiness in all of its dealings with clients.
Hedge Against Inflation
Investing in precious metals is an excellent way to hedge against inflation. Precious metals have intrinsic value, meaning that they are not dependent on any other asset or currency to hold their worth. The price of precious metals tends to rise when the value of fiat currencies, like the US dollar, falls.
As a result, investing in precious metals protects your wealth against inflation by ensuring that the value of your investment remains relatively stable. Augusta Precious Metals offers a variety of precious metals that can be used as a hedge against inflation.
Gold is particularly popular for this purpose because it has historically been considered a safe haven asset during times of economic uncertainty. Silver and platinum are also good options for investors looking to hedge against inflation due to their relatively low volatility compared to other assets.
Diversification for Portfolio Protection
Investing in precious metals also provides diversification benefits for investors looking to protect their portfolios from market volatility. Diversification involves spreading your investments across different assets and markets, reducing the overall risk of your portfolio.
Augusta Precious Metals offers a range of products and services that allow investors to diversify their portfolios with precious metals. This includes options like gold IRAs, which allow you to invest in gold while still enjoying the tax benefits associated with traditional IRAs.
Safe Haven Asset During Economic Uncertainty
During periods of economic uncertainty, many investors turn to safe-haven assets like gold and silver as a way to protect their wealth. This is because these assets tend to hold their value even when other markets are experiencing significant volatility.
Investing in precious metals with Augusta Precious Metals can provide peace of mind during uncertain times by allowing you to invest in assets that have historically held their value during economic downturns and market crashes. In addition, Augusta Precious Metals offers additional services such as storage and delivery of your precious metals investments, ensuring that your assets are safe and secure regardless of any potential economic or political turmoil.
Augusta Precious Metals Q&A
How long does it take for your precious metals to be delivered?
Precious metals are shipped approximately 7 to 10 business days after an order is confirmed.
What types of gold and silver does Augusta Precious Metals sell?
From bullion coins and bars to premium coins, the company sells all types of gold and silver.
Will My Gold Be Safe With Augusta?
Yes. They provide insurance during transportation and have established special relationships with custodians to help protect your investment. Of course, no one can guarantee that disaster will not strike, but Augusta has the best reputation in the area.
Can I Roll My 401k Into a Gold IRA?
Yes, you certainly can. You can even do it without incurring any penalties. Augusta can assist you with all of the necessary paperwork.
How much should I invest in precious metals?
Investing in precious metals is ideal for diversifying your portfolio, but it’s important to remember that there is no one-size-fits-all approach when it comes to determining the amount you should invest. The amount of investment depends on your financial goals, risk tolerance, and budget. As a general rule of thumb, financial experts suggest allocating 5-10% of your overall investment portfolio into precious metals such as gold and silver.
However, this percentage may vary depending on your individual circumstances. It’s important to discuss with a financial advisor before making any significant investment decisions.
Can I store my precious metals at home?
Yes, you can store your precious metals at home, but it is not recommended and is not the safest option. Precious metals are valuable and can be targeted by thieves or lost in the event of natural disasters such as fire or floods. If you choose to store them at home, make sure to invest in a high-quality safe or storage container that is both fireproof and waterproof.
On the other hand, Augusta Precious Metals offers secure storage options through its partner depositories Delaware Depository, which are insured by Lloyd’s of London. This protects against theft or damage for investors who choose not to keep their precious metals at home.
How Does Augusta Precious Metals Stack Up Against The Competition?
Augusta Precious Metals is our top pick compared to the rest of the competition. Having some of the best reviews online, to fees, to metals to choose from, to storage safety, to education, or anything in between, makes them our top choice.
There are many options when it comes to picking a gold ira company. Noble Gold Investments, American Hartford Gold, Goldco, and many more are great options, but Augusta’s service and product is hard to beat.
Who Should Become An Augusta Precious Metals Customer?
Let’s go over who, in my opinion, should and should become an Augusta Precious Metals customer.
If you want to invest in gold and silver, you should consider an Augusta gold and silver IRA.
- You’re looking into different types of IRAs.
- You’d like to add precious metals to your investment portfolio.
- To get started, you’ll need at least $50,000 in cash.
- You’re concerned about your retirement savings being eroded by hyperinflation.
- You want a company with great reviews and a proven track record, as well as a more white-glove service (hands-on advisor and great customer service)
Conclusion
So do we recommend Augusta Precious Metals? Yes!
We highly recommend them and they are the best gold company to work with.
We hope we answered all your questions in this Augusta Precious Metals Review, and as always we recommend now clicking the button below to get in contact with the team (and to get your free kit.)
They will be able to answer any additional questions you may have, and get you rocking on the right foot!
Want to read more gold reviews? Make sure to check out our gold reviews page here.