Augusta Precious Metals Review 2023: Everything You Need to Know

If you’re looking for a comprehensive and honest Augusta Precious Metals review, you’ve come to the right place. In this article, we’ll explore the company’s offerings, reputation, and how they compare to their competitors. Let’s dive in and see what Augusta Precious Metals has to offer.

Key Points

  • Augusta Precious Metals is a reputable silver and gold IRA company offering lifetime support and guidance.

  • The company has earned a stellar reputation for the quality of its products, quality customer service, expertise, and numerous accreditations.

  • Augusta has a 4.95 star rating from over 930 reviews with no significant constructive criticism received. The company has zero complaints and an A+ rating on BBB (Better Business Bureau).


  • Augusta goes above and beyond to educate their customers about investing in precious metals for retirement.

  • As a customer, you get a one-on-one web conference by on-staff Harvard-trained economist.

  • You get lifetime customer support via phone and email by qualified gold IRA specialists.

  • Augusta’s specialists guide you through every step of the way of the IRA to gold IRA transfer/rollover process.


  • Augusta Precious Metals requires a minimum investment of $50,000

  • You cannot purchase platinum or palladium, investment options are limited to gold and silver

If you’re considering opening a gold IRA account with Augusta Precious Metals (or any other gold IRA company) and aren’t sure where to begin, we recommend downloading a free precious metals investment guide. It contains all the information you’ll need to learn about the pros and cons of investing in precious metals for retirement.

Company Background

Augusta Precious Metals logoEstablished as a trusted name in the precious metals industry, Augusta Precious Metals offers gold and silver investment products and services with a strong emphasis on customer service and transparency. Their vision is to provide a wide range of precious metals products, empowering investors to make informed decisions and feel confident in their investments.

They offer an array of precious metal bullion products, such as gold coins, gold bullion, silver coins, and silver bullion, along with personalized guidance to cater to each customer’s unique needs.

Augusta Precious Metals’ commitment to exceptional customer service is evident in their team of dedicated professionals who assist clients throughout the entire investment process, offering lifetime support.

Services Offered

Whether you’re a seasoned investor or just starting your precious metals journey, Augusta Precious Metals offers a variety of gold and silver coins, bars, and rounds, as well as gold IRA services tailored to your needs. Acquiring physical gold and silver from Augusta Precious Metals is a simple three-step process, ensuring a hassle-free experience for all customers.

To further support their clients, Augusta Precious Metals offers comprehensive educational resources covering various topics from basic concepts to advanced strategies for maximizing returns and portfolio diversification with precious metals. Additionally, they provide secure storage solutions through reputable third-party providers such as Brink’s Global Services, ensuring the safety of your investment.

Reputation and Accreditations

Augusta Precious Metals has built an impressive reputation for its selection of IRS-approved gold and silver coins, personalized service, superior customer experience, and the expertise of its staff. Their track record speaks for itself, with an average rating of 4.9 out of 5 on Trustlink, a Top Gold IRA rating from Money Magazine 2022, an A+ rating from the Better Business Bureau (BBB), and overwhelmingly positive customer reviews.

Being accredited by the BBB and holding multiple Bullion Dealer of the Year awards, Augusta Precious Metals is undoubtedly a reputable and trustworthy company in the precious metals industry. Customer reviews and testimonials further emphasize their dedication to excellence, with many praising their knowledgeable representatives, transparent pricing, and fast shipping times.

Why Choose Augusta Precious Metals?

Augusta Precious Metals is an excellent choice for both long-term investors and first-time buyers, offering tailored investment recommendations, storage options, and insights into market trends and strategies. Their personalized experience ensures that each client receives a tailored investment strategy to suit their individual requirements, while their focus on education empowers clients to make informed decisions about their investments.

Investing in gold and silver IRAs provides you with full autonomy over your retirement account and the ability to select the investments that best suit your needs. Gold and silver have been used as a medium of exchange for centuries and remain popular investment choices for retirement planning.

Excellent support is offered by Augusta Precious Metals, including assistance with establishing their account, buying gold and silver, and complimentary education on their website.

Educational Approach

At Augusta Precious Metals, they prioritize educating their customers and taking the time to understand their objectives.

Download Augusta Precious Metals’ free gold IRA kit, which contains valuable information about precious metals investments, tips for safeguarding your retirement investments from inflation and recession, and more.Augusta Precious Metals Gold IRA KitAdditionally, they offer a complimentary 1-on-1 investment advice webinar hosted by Harvard economist, Devlyn Steele, which provides potential investors with valuable information about the advantages of investing in precious metals and how to initiate a self-directed IRA.

To further support their commitment to education, Augusta Precious Metals offers access to educational videos, guides, and other materials, ensuring that clients have the necessary knowledge to make confident investment decisions.

Lifetime Customer Support

One of the most noteworthy characteristics of Augusta Precious Metals is its dedication to providing excellent customer service with a team of dedicated professionals to assist clients throughout the entire investment process. Their lifetime support ensures that customers receive expert guidance and assistance whenever necessary.

A personal account manager at Augusta Precious Metals assists customers with the investment process from start to finish, including account opening, funding, and product selection for their portfolio. They are available to address any queries related to fees, paperwork, or procedure steps at no extra charge.

This level of support extends to inquiries regarding contributions, transfers, distributions, Required Minimum Distributions (RMDs), and liquidations, demonstrating their commitment to the success and satisfaction of their clients.

Transparent Pricing and Fees

Transparency is a core value at Augusta Precious Metals, and their pricing and fees reflect this commitment. They charge a $50 set-up fee, a $100 custodian maintenance fee, and a $100 storage fee, amounting to a total of $250 for the first year. Subsequently, there is an annual fee of $200.

Augusta Precious Metals does not charge any additional fees such as management fees, shipping fees, or insurance fees. Their transparent pricing offers customers the benefit of providing the latest pricing prior to purchasing gold or silver, ensuring that there are no surprises when it comes to costs.

The only potential downside to this company is its tendency to increase premiums on coins.

Investment Products Offered by Augusta Precious Metals

Augusta Precious Metals offers a diverse range of gold and silver products, personalized guidance, and secure storage options for customers in the US. Their selection of gold and silver investment options caters to a variety of investor needs, ensuring that clients have access to the best products to suit their financial goals.

Gold Investment Options

From Gold American Buffalo and Gold Canadian Polar Bear coins to high-quality gold bars, Augusta Precious Metals provides a wide array of gold investment options for clients looking to diversify their portfolios. Their variety of gold coins, bars, and rounds ensures that investors have access to a diverse range of products to suit their individual investment needs and preferences.

Silver Investment Options

In addition to their gold offerings, Augusta Precious Metals also provides a broad selection of silver investment options for investors looking to further diversify their portfolios. Their premium silver products cater to a range of investor needs and preferences, ensuring that clients have access to the best silver bars and coins silver available on the market.

IRA-Eligible Coins

To be eligible for inclusion in an IRA, gold coins must have a minimum purity of 99.5%, with the exception of the American Gold Eagle coin, which must have a purity of 91.67%. Silver coins, on the other hand, must be of 99.9% purity.

At Augusta Precious Metals, they offer a selection of IRA-eligible coins and bullion to cater to the diverse needs of their clients. However, pricing information is not available online, and customers should contact the company directly to learn more.

Setting Up an IRA with Augusta Precious Metals

Augusta Precious Metals Account Setup ProcessEstablishing an IRA with Augusta Precious Metals involves a straightforward five-step process, ensuring a seamless experience for clients looking to invest in precious metals. From the initial consultation to accessing educational resources, account setup and processing, and portfolio building, Augusta Precious Metals offers comprehensive support and guidance throughout the entire process.

The process begins with a consultation to discuss the client’s goals and objectives. During this consultation, clients will be provided with information about the different types of investments available, as well as the benefits and risks associated with each. Clients will also be included.

Initial Consultation

During the initial consultation, Augusta Precious Metals provides complimentary consultations with their specialists, who can assist investors in navigating the entire process and determining the best investment strategy for their unique needs. Their experts are available to answer any questions and provide guidance on the minimum account balance required to open a gold IRA with Augusta Precious Metals, which is $50,000.

The specialists at Augusta Precious Metals are highly knowledgeable and experienced in the gold IRA industry, and they can provide investors with the information they need to make an informed decision about their investments. They can also provide assistance with the paperwork and other requirements associated with opening a gold mine.

Accessing Educational Resources

Augusta Precious Metals provides a wealth of educational resources, including articles, videos, and webinars, to assist investors in expanding their knowledge of investing in precious metals. By visiting their website, customers can access various educational resources, including articles, videos, and webinars, which support investors in their journey to learn more about investing in precious metals.

Additionally, Augusta Precious Metals offers a blog and newsletter with resources and information related to investing in precious metals.

Account Setup and Processing

Setting up an account with Augusta Precious Metals requires the completion of the necessary paperwork and funding the account via a new deposit or transfer. They charge a one-time account set-up fee of $50 and annual fees of $100 for custodian maintenance and $100 for storage, ensuring transparency in their fee structure.

These fees are designed to cover the costs associated with setting up and maintaining the account, and to ensure that customers have access to the best possible service.

Portfolio Building

Augusta Precious Metals provides portfolio-building assistance for retirement savers interested in diversifying their portfolios with gold and silver investments. As a premier distributor of physical gold and silver IRAs for retirement and portfolio diversification, they offer a wide array of investment options, including coins, bars, and rounds, as well as IRA-eligible coins that can be used to set up a self-directed IRA.

With the expertise and guidance of Augusta Precious Metals, investors can confidently build a diversified portfolio tailored to their unique investment goals and preferences.

Fees and Costs Associated with Augusta Precious Metals

Augusta’s fees are straightforward and transparent. Here they are:

Augusta Precious Metals FeesAugusta Precious Metals charges an annual fee of $200, regardless of the amount of gold stored in the Gold IRA account.

These competitive fees ensure transparency and affordability for clients, allowing them to focus on their investment goals with peace of mind.

Account Setup Fees

For their precious metals IRA, Augusta Precious Metals charges a $50 account setup fee, ensuring a streamlined and cost-effective process for clients looking to begin their investment journey.

Storage and Custodian Fees

In addition to the annual management fees, Augusta Precious Metals charges a $100 custodian maintenance fee and a $100 storage fee each year, ensuring that clients have access to secure and reliable storage solutions for their precious metals investments.

These fees ensure the safety and security of clients’ investments while maintaining transparency and affordability.

Comparing Augusta Precious Metals to other Gold IRA Companies

In this section, we will compare Augusta Precious Metals to its competitors, Goldco, Birch Gold Group, and Noble Gold, to provide a comprehensive understanding of the advantages and disadvantages of each company and how they stack up against each other in terms of offerings, reputation, and fees.

We will look at each company’s offerings, including the types of precious metals they offer, the minimum purchase amounts, and the fees associated with each purchase. We will also examine each company’s reputation, including customer reviews, ratings, and any complaints filed against them. Finally, we will compare the fees associated with each company, including storage fees, shipping fees, and any other fees associated with each company.


Goldco, a privately held company established in 2006, specializes in wealth and asset protection, with a focus on physical precious metals such as gold. They have received high ratings from the Better Business Bureau and Business Consumer Alliance, and they offer gold IRAs with a $25,000 minimum investment.

Goldco provides a selection of services, including gold and silver IRA investments, physical gold and silver purchases, and asset protection services. Although Goldco also has a strong reputation and offers similar services to Augusta Precious Metals, their higher minimum investment requirement may not be suitable for all investors.

Birch Gold Group

Birch Gold Group is another precious metals investment firm, with a minimum investment requirement of $10,000 to open an account, making it more accessible for smaller investors compared to the $50,000 required by Augusta Precious Metals. They charge an annual fee of $200 and offer fee waivers for the first year on accounts with a value of $50,000 or more.

While Birch Gold Group also has a strong reputation and offers similar services to Augusta Precious Metals, the difference in minimum investment requirements and fee structures may play a role in an investor’s decision-making process.

Noble Gold

Noble Gold is a precious metals dealer specializing in providing gold and silver investment opportunities, with a minimum investment requirement of $20,000 to open an account. They maintain a “no hard sell” policy and a “no questions asked” buy-back program, ensuring a customer-focused approach to investing.

Noble Gold charges an $80 setup fee and a $150 annual fee for storage in Texas or Delaware. While Noble Gold offers similar services to Augusta Precious Metals, the differences in minimum investment requirements, fees, and policies may influence an investor’s decision on which company to choose.

Augusta Precious Metals’ Customer Reviews and Testimonials

Augusta Precious Metals has garnered overwhelmingly positive customer reviews, with many customers praising their customer service, educational approach, and transparent investment process. These testimonials provide valuable insight into the experiences of past clients and can serve as a useful resource for potential investors looking to make an informed decision about their precious metals investment journey.

Investors can use these reviews to gain a better understanding of the company’s services and the overall customer experience. They can also use the reviews to compare Augusta Precious Metals to other precious metals dealers and make an informed decision.

Positive Reviews

Augusta Precious Metals has not received any complaints on the Better Business Bureau (BBB). This is an impressive achievement considering that the company has been in operation for over a decade.

Many customers have expressed their satisfaction with Augusta Precious Metals’ knowledgeable personnel, transparent approach to investing in precious metals, and remarkable customer service.

Augusta Precious Metals Reviews on BBBThe company’s association with prominent individuals such as Joe Montana and Mark Levin further solidifies their reputation as a reliable and trustworthy investment partner.

With an average rating of 4.95 stars out of 5 from over 930 customer reviews, it is clear that Augusta Precious Metals has earned the trust and respect of their clients.

Constructive Criticism

Despite extensive research, no significant constructive criticism was discovered for Augusta Precious Metals, further strengthening their excellent standing with customers and their focus on service, transparency, and positive customer experiences.

This is a testament to the company’s dedication to providing exceptional customer service and valuable investment opportunities in the precious metals industry.

Frequently Asked Questions

Is Augusta Precious Metals legit?

Based on the positive reviews from Trustlink, an A+ rating with the Better Business Bureau and an AAA rating with the Business Consumer Alliance, as well as customers’ positive feedback and high customer ratings, it is clear that Augusta Precious Metals is a legitimate company.

Customers should still take the time to review the helpful guide from the CTFC before making any purchases.

How much does Augusta Precious Metals charge?

Augusta Precious Metals charges a one-time set up fee of $50, plus $100 in annual custodian and depository fees, totaling $200 annually.

Who are Augusta Precious Metals competitors?

Augusta Precious Metals’ competitors in the precious metals market include Justin Retirement, Cheviot Value Management, and Cooke Capital. These firms offer alternative investment opportunities for customers looking to make investments in precious metals.

What is the average rate of return on precious metals?

On average, precious metals have provided a steady rate of return over the past 50 years. Between 1971 and 2022, gold generated an average annualized return of 7.78%, adjusted for inflation. Other metals have shown similar performance, providing investors with a dependable asset to maintain portfolio stability.

Jan 6, 2023. Investors can benefit from the long-term stability of precious metals, as they have provided a reliable rate of return over the past 50 years. Gold has returned an average annualized return of 7.78%, after adjusting for inflation, while other metals have also proven to be a dependable option. This allows investors to diversify their portfolios and benefit from price stability.

Are gold backed IRAs a good idea?

Overall, a gold-backed IRA can be a great idea for those looking to diversify their portfolios with an asset class that is relatively uncorrelated with the stock market.

However, investors must be aware of the associated fees and should consider consulting a qualified financial advisor before making any decisions.


In conclusion, Augusta Precious Metals offers a comprehensive range of gold and silver investment products and services, with a strong emphasis on customer service, education, and transparency.

With overwhelmingly positive customer reviews and a competitive fee structure, Augusta Precious Metals is an excellent choice for investors looking to diversify their portfolios with precious metals. As you embark on your precious metals investment journey, consider the expertise, support, and opportunities provided by Augusta Precious Metals to help you achieve your financial goals.

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