Today, we will look at Augusta Gold IRA Reviews to see how well they match up against the other top gold IRA firms in the industry. This precious metal investment company offers gold and silver for IRAs or direct purchases outside an IRA. We´re going to focus on their gold IRA service today.
Company: Augustus Precious Metals.
Founder: Isaac Nuriani (CEO).
Price: Minimum purchase starts at $50,000 (see fees further down)
Who is it for? Precious metal investors, retirees
Overall rating: (4.8 / 5)
What is Augusta Precious Metals?
The company offers precious metal direct purchase services as well as IRAs for its clients. The company has been in business since 2012. This shows they have considerable experience in the service of precious metal investors, whether an IRA or other options. According to available information on the company, investing in the precious metal options of silver or gold with them should be an easy undertaking.
The Augusta precious metals company claims multiple recognitions, including; a BBB A+ rating and a BCA AAA rating, among other prestigious ratings by recognized institutions (see further down). The company’s main goal is to offer an easy investment process by delivering a personalized purchasing process.
The company offer numerous services, from handling your paperwork on your behalf to acquiring the model of precious metal you prefer, be it bullions or coins in the silver and gold options they offer.
Address: 8484 Wilshire Blvd #515, Beverly Hills, CA 90211, United States.
What services do they offer?
The company offers its clients gold or silver investment in bullion bars and coins for direct purchase or IRA investment. The collectible silver or gold coins offered are certified by multiple independent grading companies. These include; Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC). The company’s clients also benefit from insured shipping that demands no extra cost upon purchase which they educate clients on the specifics until they have decided on the investment that fits their needs.
The Augusta precious metals IRA option promises experienced professionals to assist in the setting up of an account with assigned agents for every client. Their IRA plan consists of a waiver that covers the fees on gold IRA in the first year of investment.
What is Unique with Augusta Precious Metals?
The company offers a 7-day price protection program where they re-price a client’s order at the lower price in case the price goes down within seven days. The company also offers to reimburse ten years of fees in premium silver coins into a client’s IRA when one opens an IRA account or makes a direct purchase with them. The company also grants a first-time client the option of canceling an order within seven days. However, the subsequent order cannot be canceled after the order’s confirmation.
The company also has an economic analysis team that works directly with the client to ensure benefits for both the client and the company. They also offer lifetime client support and educational forums, and the unique 1-on-1 webinar held by a Harvard trained economist.
What is the Minimum Investment Amount?
The minimum investment amount for either a direct purchase or in an IRA is $50,000. However, there is no maximum investment amount for both IRA or direct purchase.
**If that is to much for you then you might want to check out this company instead (IRA minimum = $20k and direct purchase minimum is $3,5k)
What are the fees?
The fees involved include $50 when setting up an IRA account. The customer is also required to pay an annual custodian maintenance fee of $125 and an annual storage fee which you need to contact the company for the current schedule. There is also a $75 annual administration fee for accounts up to $100,000 and $125 for accounts over $100,000.
However, it’s important to note that the shipping and storage fees vary depending on the product purchased and the quantity. In situations where the client makes a single purchase of a minimum amount of $50,000, the company offers to cover the expenses involved in the delivery and storage of your ordered assets. The company also allows personal checks and bank wire transfers when buying gold or silver for investment outside the IRA.
P.S. Augusta reimburses storage fees of an IRA for up to 10 years for their clients, see more detailed here
Can you sell it back?
Yes, the company offers a buyback option and has been doing so as far as its history goes. However, the law prohibits the company from guaranteeing the option, which means the policy is subject to change without any notice to the client.
How good is the support?
Augusta precious metals customer service is recognized for being professional, friendly, and transparent. They have forums meant to educate the client on the intricacies of their investments and tactics other companies use to pressure clients into making hurried decisions. This helps the client to make the best decision that fits their investment needs. The fact that they offer lifetime support makes the company an excellent choice. The support team will be brutally honest with you though and tell it to your face if they don´t think a gold IRA is for you because it is not the right investment choice for everyone, it will depend on your situation.
Augusta Gold IRA Reviews
Now we are at the main topic of this article… The part where we look at the reviews of the gold IRA service Augusta provides to their high-net-worth clients.
One thing you can be sure of that ALL companies do, is to place positive reviews on display on their website, right? Close to all of the customer reviews on the Augusta firm are very positive, as you might have see on their website? However, most importantly, is that you can see it when you do YOUR OWN research online. There isn´t one company in the whole world that is going to place the negative reviews they have received on their website, right?
Focus on the right places
The best thing you can do when you research a particular company is to look at the reviews to be found. Keep in mind though, that anyone can write anything online, so you can skip “mumbojumbo” websites. Competitors in a competitive and crowded industry is always going to trash talk eachother, right? So a good idea might be to focus on agencies where only real customres of a particular company can leave their testimonials and reviews.
What you want to focus on is the most well-known and trusted (and independent) consumer protection agencies, such as Better Business Bureau (BBB), Trustpilot, Business Consumer Alliance (BCA), Yelp, etc.
Once you have checked the ratings (and reviews) given to Augusta on those platforms you will (most likely) come to the same conclusion as we did when we did our research…
There are not many gold IRA firms with a better reputation and 5-star ratings than Augusta, they are the only company we have seen with zero complaints from BBB with such a high amount of reviews (105) there. While reading through some of them it is pretty clear that the ongoing support, even from the CEO (Isaac Nuriani) himself is something their clients appreciate a lot (see screenshot below)
Some video reviews
Augusta Precious Metals “main thing” is their Gold IRA service, (eventhough direct purchases are available as well).
Below are some examples of other positive things the Augusta customers have to say about the gold & silver IRA service overall:
In short, many customers have had excellent experiences doing business with the Augusta gold company. This is supported by their rating on various institutions, including:
- TrustLink: (4.9 / 5) (Based on 283 customer reviews)
- Google: (4.8 / 5) (based on 152 customer reviews)
- BBB: (5 / 5) (based on 104 client reviews)
- BCA: (5 / 5) (based on 93 client reviews)
- Yelp (5 / 5) (based on 4 customer reviews)
- Consumer Affairs: (4.9 / 5) (based on 48 client reviews)
- Facebook: (4.8 / 5) (from 78 reviews)
I feel we have covered almost everything the reader would wish to know. Plus considering most (if not all) of the customers’ reviews found are positive ones, I don’t think there would be much more to add here. Simply visit any (or all) of the consumer protection platforms above if you would like to read every single one of the (around 700) positives testimonials and reviews.
The coolest review of them all is maybe the Joe Montana review, his financial team picked Augusta as their chooice among all other firms, Joe even liked Augusta so much he asked to become their paid ambassador:
PROs & CONs
- Unique 1-on-1 web conference
- GREAT number of positive reviews
- Up to 10 years of fees reimbursed.
- Competitive bullion pricing.
- Lifetime customer support.
- A minimum purchase of $50,000 is required both for IRA & a direct purchase
Do you own or represent this company?
Are you the owner or a representative of Augusta Precious Metals? Would you be interested in clarifying or adding to any of the details we have provided above? We will be glad to update the information to ensure that prospecting gold investors get the best information on your company. You can access us by leaving a message in the comments section below or email us at the following address: firstname.lastname@example.org.
Final words & Verdict
Overall rating: (4.8 / 5)
Summary: I believe this sums up the review of Augusta Precious Metals very well. Augusta Precious Metals is a legitimate investment company that focuses on providing its clients with silver and gold investments.
However, the high minimum purchase limit might be negative for “smaller investors” so in other words this firm only suits “bigger investors”. Considering the company has been in business for almost a decade, and most customer reviews are positive, the company would be an excellent choice if you fit yourself into that category.
However, you should do your research before choosing any company for your investment needs. These choices should be personal, whether the information is positive or not.
A strong 4.8 out of 5 stars is our rating for Augusta Precious Metals, for now, this can change to a higher or a lower rating as we continuously review the company on this site. We will continue to offer new information on the company as it gets available.
Ok, now what?
First of all, you are a smart person, I know that because you clearly understand the importence of doing your due diligence and reading through reviews before you move forward, I commend you for that! Am absolutely sure that you will find the right firm to do business with and that you feel comfortable dealing with! Just continue to review and compare different alternatives and you will be fine.
I hope you found this page to be helpful and that you now have a better overall view of the reviews of the Augusta Gold IRA service. If you have used the Augusta service yourself then please share your own experience in the comment section below as it can help others!
I wish you success!
Glanz, investor and team member of Gold Retired