Augusta Precious Metals vs Noble Gold Investments: Which is the Better Investment Option?
Introduction
Investing in precious metals is becoming increasingly popular, particularly as the stock market becomes more volatile and people seek alternative investment options. Two companies that are often compared when it comes to buying precious metals are Augusta Precious Metals and Noble Gold Investments.
In this article, we will briefly overview both companies, discuss why investing in precious metals is important, and compare the two companies to help you decide which one might be the better option for you.
Brief Overview of Augusta Precious Metals and Noble Gold Investments
Augusta Precious Metals is a privately owned company that was founded in California in 2012. The company specializes in helping people invest in gold, silver, platinum, and palladium through IRA accounts. They offer many products, including bullion coins, bars, and rare coins.
The company has an A+ rating with the Better Business Bureau (BBB) and has received numerous positive customer reviews. Noble Gold Investments was founded in 2017 with a mission to provide investors with honest advice about investing in precious metals.
The company focuses on helping people invest in gold and silver through IRA accounts and offering other investment options such as cryptocurrency. They have an A+ rating with the BBB and have also received positive customer reviews.
Noble Gold Investments is a precious metals investment company based in California, USA. The company specializes in providing gold, silver, platinum, and palladium investment options, including IRA accounts, bullion purchases, and numismatic coins.
Noble Gold Investments prides itself on offering its clients exceptional customer service and education.
The company’s representatives are knowledgeable and experienced in the precious metals industry and are dedicated to helping clients make informed investment decisions. Noble Gold Investments also offers educational resources, including e-books, webinars, and a blog, to help customers stay up-to-date on market trends and news.
One of the company’s standout features is its buyback program, which allows customers to sell their precious metals back to the company at a fair market price. This can provide customers with a level of financial flexibility and peace of mind that their investment can be easily liquidated if needed.
The Importance of Investing in Precious Metals
Investing in precious metals has been a popular choice for centuries because they have proven to be a reliable store of value over time. Unlike paper currency or stocks, which can quickly lose value due to economic instability or inflation, precious metals tend to hold their value well over time.
Another reason why investing in precious metals may be important is that they can act as a hedge against inflation. When the cost of living increases due to inflation, the value of paper currency decreases.
However, the value of precious metals tends to increase during times of inflation, making them a valuable investment option. In addition to acting as a store of value and hedge against inflation, precious metals can also be a valuable diversification tool for your investment portfolio.
By investing in a variety of assets such as stocks, bonds, and precious metals, you can help protect your portfolio from market volatility. Overall, investing in precious metals can be a smart financial decision if done correctly.
It is important to work with a reputable company that can provide you with honest advice and help you make informed investment decisions. In the next sections of this article, we will take a closer look at Augusta Precious Metals and Noble Gold Investments to help you decide which company might be the better option for your precious metal investments.
Augusta Precious Metals
Company Background and History
Augusta Precious Metals is a leading precious metals dealer in the United States. The company was founded in 2012 by Isaac Nuriani, who has over 15 years of experience in the precious metals industry. Augusta’s headquarters are located in California, but they offer services nationwide.
The company’s mission is to help individuals protect their retirement savings by investing in gold, silver, platinum, and other precious metals. Augusta’s team of experts provides personalized guidance and education for each client to make informed investment decisions.
Products Offered
Augusta offers a variety of products to meet the needs of different investors.
They specialize in self-directed IRA accounts allowing clients to invest in physical precious metals without tax penalties or other restrictions.
Gold IRA Accounts
Gold IRA accounts are the most popular investment option at Augusta. Clients can choose from a variety of gold coins and bars that meet IRS standards for inclusion in an IRA account.
Silver IRA Accounts
Silver is another popular option for self-directed IRAs. Augusta offers a range of silver coins and bars that meet IRS requirements.
Platinum IRA Accounts
Augusta offers platinum IRA accounts for investors looking for diversification beyond gold and silver.
Platinum has unique properties that make it attractive for use in jewelry as well as industrial applications.
Customer Reviews and Ratings
Augusta has received high customer ratings on various review sites such as Trustpilot, Consumer Affairs, and Yelp. Customers appreciate the personalized service they receive from Augusta’s team of experts who help them every step of the way. Many customers praise Augusta Precious Metals is super transparent about there fees charged for their services.
They do not charge any hidden fees or commissions on top of their advertised prices. This level of transparency has helped Augusta build a reputation as a trustworthy and reliable precious metals dealer.
Overall, Augusta Precious Metals is a great choice for individuals looking to invest in gold, silver, platinum or other precious metals. Their expertise and commitment to personalized service make them stand out in the industry.
Noble Gold Investments
Company background and history
Noble Gold Investments is a company that was founded in 2017 by Charles Thorngren. The company is based in Pasadena, California, and serves clients throughout the United States.
Despite being a relatively new player in the precious metals industry, Noble Gold has established itself as one of the most reputable companies providing precious metals investment services.
One thing that sets Noble Gold apart from its competitors is its commitment to customer service.
The company’s founder, Charles Thorngren, has over two decades of experience in the financial industry. He has built a team of experienced professionals who are passionate about helping clients achieve their investment goals.
Products Offered
Noble Gold offers a range of precious metal products to its clients. These products include gold, silver, platinum, and palladium. Clients can invest in these metals through various vehicles including individual retirement accounts (IRAs) and bullion coins.
Gold IRA accounts
Noble Gold offers gold IRA accounts for clients who want to invest their retirement savings in gold. The company offers a wide selection of gold coins and bars for investors to choose from. Some popular options include American Eagle gold coins and Canadian Maple Leaf gold coins.
Silver IRA accounts
Noble Gold also offers silver IRA accounts for clients who prefer to invest their retirement savings in silver. Clients can choose from a variety of silver coins and bars including American Eagle Silver Coins and Canadian Maple Leaf Silver Coins.
Platinum IRA accounts
For those looking for alternative investments to diversify their portfolios beyond just gold or silver investments; Noble Gold also provides platinum IRA accounts, allowing individuals to hold platinum as part of their tax-deferred account holdings.
Customer reviews and ratings
Noble Gold Investments has received high marks from its customers. The company has an A+ rating with the Better Business Bureau (BBB) and a 5-star rating on Trustpilot. Customers often praise the company’s customer service and its commitment to helping clients achieve their investment goals.
Noble Gold Investments is a reliable provider of precious metal investment services.
Its commitment to customer service sets it apart from other companies in the industry, and its range of products ensures that clients have plenty of options for diversifying their portfolios with precious metals.
Comparison between Augusta Precious Metals and Noble Gold Investments
Fees charged by both companies for their services
One of the key factors that investors consider when choosing a precious metals investment company is the fees charged for their services. Both Augusta Precious Metals and Noble Gold Investments offer competitive pricing, but there are some differences in how they structure their fees.
Augusta Precious Metals charges a flat fee of $250 for the first year, then $200 yearly. Augusta Precious Metals also charges a margin when you purchase precious metals. The margin is different for each product. Their markup for Common Bullion Products are pretty standard to what you’d find with most gold IRA companies.
There are no additional fees or hidden costs associated with investing through Augusta Precious Metals.
In contrast, for segregated storage, Noble Gold Investments charges customers are subject to a $150 storage fee and a $100 maintenance fee, whereas non-segregated (commingled) storage requires a $100 storage fee and a $100 maintenance fee. These fees are consistent with industry norms and are competitive with other reputable providers’ charges.
In addition to the storage and maintenance fees, the company levies a one-time setup fee of $225 and an annual custodian fee of $175. Customers can rest assured that there are no undisclosed or unexpected charges and anticipate paying only the fees clearly outlined on the company’s website.
The quality of customer service provided by both companies
When investing in precious metals, it is important to have access to knowledgeable professionals who can answer questions and provide guidance along the way.
Both Augusta Precious Metals and Noble Gold Investments have teams of experienced professionals dedicated to providing outstanding customer service. Augusta Precious Metals’ team includes account executives who are available via phone or email to answer questions about the investment process or help with account management tasks such as transferring funds from other retirement accounts into an IRA with Augusta.
Noble Gold Investments has a similar team of highly trained professionals available to assist clients via phone or email and through its website’s live chat feature. In addition, Noble offers educational resources such as e-books and videos to help investors understand the ins and outs of precious metals investing.
Ultimately, the quality of customer service provided by both companies is exceptional. Investors can feel confident that they are working with knowledgeable professionals who are committed to helping them achieve their investment goals.
Their investment strategies
Augusta Precious Metals and Noble Gold Investments approach precious metals investing differently.
Augusta recommends a balanced portfolio approach, suggesting that investors allocate a portion of their retirement savings to precious metals while maintaining a diversified portfolio that includes stocks, bonds, and other assets. On the other hand, Noble Gold Investments takes a more conservative approach.
The company recommends that investors allocate 10-20% of their retirement savings to precious metals as a hedge against inflation and economic uncertainty.
Both approaches have their merits, but it’s important for investors to understand which strategy aligns best with their investment goals and risk tolerance.
Which company is better for investing in precious metals?
Based on factors such as pricing structure, customer service quality, and investment strategies, it’s difficult to determine which company is better for investing in precious metals. Augusta Precious Metals and Noble Gold Investments offer competitive pricing structures and outstanding customer service.
Ultimately, the decision will come down to individual investors’ preferences and the level of guidance they require when making investment decisions. It’s important for investors to do their research before deciding which company to work with when investing in precious metals.
Conclusion: Which company is better for investing in precious metals?
Investment Strategy
When it comes to investment strategy, both Augusta Precious Metals and Noble Gold Investments have similar approaches. They recommend investing in physical assets like gold and silver bullion for long-term growth and stability.
They also offer IRA accounts that allow investors to hold physical metals within a tax-advantaged retirement account. However, Augusta Precious Metals has a slight edge in this category because of its focus on education and guidance.
They offer resources such as eBooks, webinars, and personalized consultations with investment experts to help clients make informed investment decisions. This level of support can be especially helpful for those who are new to investing in precious metals.
Customer Service
Regarding customer service, both companies have received high ratings from customers. They prioritize communication with clients and provide regular updates on the status of their investments. However, Noble Gold Investments has gone above and beyond in this category by providing multilingual support for non-English speaking clients.
Additionally, Noble Gold Investments offers a unique feature called the “Noble Gold Club,” which provides exclusive benefits such as discounts on purchases, priority processing, and access to financial advisors. This added value sets them apart from Augusta Precious Metals regarding customer service.
Credibility
Both Augusta Precious Metals and Noble Gold Investments have been accredited by the Better Business Bureau (BBB) with an A+ rating. This is a significant indication of their credibility and trustworthiness as businesses.
Additionally, both companies have positive client reviews on various sites like Trustpilot and Google Reviews. Augusta Precious Metals has slightly more reviews overall, but both companies have received high ratings from satisfied customers.
We choose Augusta, Precious Metals Over Noble Gold, And Here’s Why
Augusta Precious Metals boasts an impressive average rating of 4.95 out of 5 stars, based on a whopping 930 customer reviews. The company has garnered numerous glowing 5-star reviews thanks to its unwavering commitment to customer satisfaction.
Once you become an Augusta Precious Metals customer, you’ll receive unparalleled lifetime support from their team of gold experts. You’ll be assigned a dedicated agent who will be your main point of contact for all your needs. They’ll also connect you with other specialists who can assist with a range of services, including education on gold and market updates, adding more gold to your IRA, managing distributions during retirement, building a legacy for your loved ones, and even selling back your precious metals.
Unlike other companies that sell you gold and disappear, Augusta Precious Metals is dedicated to being your long-term partner throughout your journey.
Final Verdict
Overall, Augusta Precious Metals and Noble Gold Investments are reputable companies offering similar investment strategies and quality customer service. However, some differences in fees and added benefits may sway investors one way or another.
For those who value education and guidance, Augusta Precious Metals may be the better option due to their focus on resources for clients. On the other hand, Noble Gold Investments offers exclusive benefits through their “Noble Gold Club” program that can provide added value for investors.
Ultimately, the decision comes down to personal preference and individual investment goals. Regardless of which company an investor chooses, investing in precious metals can be a smart move for long-term growth and stability in one’s portfolio.
Overall, Augusta Precious Metals is a great choice for individuals looking to invest in gold, silver, platinum or other precious metals. Their expertise and commitment to personalized service make them stand out in the industry.