I have invested in precious metals for over a decade and have worked with several precious metals companies along the way.
I am not the only one interested in these properties. Gold, silver and other precious metals have long been prominent in many retirement portfolios. These assets have been used throughout history as a solid store of value, even when economic and market conditions are concerned.
This brings us to Augusta Precious Metals. You may have heard about him in online commercials featuring Hall of Fame quarterback Joe Montana and Augusta’s free Gold IRA guide. You can also join the Hall of Famer in Web conference to learn about how the Gold IRA fits into your retirement investment strategy.
But companies often pay thought leaders to promote their businesses, and it’s never a good idea to make an investment decision based on the endorsement of a celebrity. The question you should be asking is, “How exactly do Agusta precious metals stack up?”
Augusta Precious Metals is a precious metals dealer focused exclusively on retirement investing through the Precious Metals IRA. The company was founded in 2012 and has become a leading precious metals retirement firm generating millions in annual revenue.
Augusta Precious Metals isn’t the only company in the gold IRA game. One of the company’s biggest competitors is Goldco Precious Metals. Here’s how the two compare:
Augusta Precious MetalsGoldco Precious MetalsMinimum Investment$50,000$25,000MetalsAvailableGold and Silver Gold, Silver, Platinum and Palladium Lifetime Support for All ClientsYesNoBetter Business Bureau and Business Consumer Alliance ComplaintsNoneBBB: 15BCA in the last three years: 1 in the last three years
Note: All complaints are closed Educational materials In-depth articles, e-books, and webinars Limited information on the basics of investing in precious metals
Augusta Precious Metals has become a leading precious metals retirement firm in a matter of nearly a decade. It’s a feat, and it doesn’t happen without the company offering at least one thing that sets it apart from the pack. Augusta has three:
personal service. Your retirement savings aren’t just a small “let’s see what happens” type of investment. This is the foundation that will allow you to live your golden years comfortably. Augusta Precious Metals takes this seriously and provides highly personalized customer service to all customers. Main focus on education. The main focus of most precious metals firms is sales, but Augusta is different. The company clearly knows that if it focuses on educating investors, sales will come. Augusta offers a wide range of educational materials, including a comprehensive guide to precious metals IRAs, which it updates at least once a year. Lifelong customer support. If you are a one time Augusta Precious Metals customer, you are their lifetime customer, and that is how they treat you. You will get lifetime customer support, no matter how often or how often you buy from them.
As mentioned above, there are many reasons to consider investing with Agusta Precious Metals. The company would not be what it is today without them. Some of the biggest benefits of working with Augusta Precious Metals include:
Personalized service and lifelong support. Augusta Precious Metals takes your retirement dollars seriously. So seriously in fact, that they cater to each and every customer like family and provide customer support that lasts a lifetime. competitive pricing. The company does not provide its price on its website, but after calling the company, I found that its price is competitive. Although this isn’t the lowest price you’ll find, it is in line with the leaders of the precious metals IRA industry. Intensive educational material. Most precious metals companies offer some sort of education, but some offer education at the level of Agusta precious metals. It appears that the company’s main goal is to educate its clients about their options and allow them to make an educated decision about their retirement, rather than using a tough selling strategy to invest $50,000 now. Is.
There’s no doubting the fact that Augusta Precious Metals is a great silver and gold company, but there are a few things about the company that I don’t think are up to par. Some of the biggest disadvantages of working with the company include:
High minimum investment. You need to invest at least $50,000 to get started with the company. Although this may be easier if you have a 401(k) to roll over, for most people, $50,000 is plenty of money. It would be good to see that the company adopts a more reasonable minimum investment to make its services accessible to the public. In the meantime, it’s a great “red carpet” service for those who have made minimal savings. To get quality customer support you have to be a customer. If you’re not a customer, Agusta Precious Metals’ customer support team is more interested in closing a sale than giving you unbiased information about its products. I found it the hard way when I contacted online customer support for information to use in this review – I had to turn to a more senior employee to get what I wanted.
Whether you’re looking to invest in gold coins or have a particular silver coin that’s caught your attention, it’s worth giving Augusta some attention. If you do, you will enjoy the following key features.
popular bullion options
Although there are thousands of different coin and bullion styles to choose from, there are a few that have made their way to becoming the most common. Coins such as the American Gold Eagle and Canadian Maple Leaf are held in IRAs and other investment accounts around the world.
If that’s what you’re looking for, Augusta has the precious metal products to soothe your itch; But they don’t have that much.
They have a long line of premium coins in both silver and gold. These include coins such as the 2022 Helena Gold Sovereign, the 2015 Canadian Polar Bear and Cube, and the Gold American Eagle, which have been sealed in proof condition.
No matter what type of bullion you buy from the company, you can rest assured that they sell many coins that meet IRS fineness standards. This means you can keep many of the company’s products in your retirement account.
There’s more to adding precious metals to your retirement portfolio than just picking a few coins, throwing them in the safe, and seeing how they do. As with any investment, the most successful gold and silver IRA investments are those made on a solid foundation reinforced by quality education.
Augusta Precious Metals isn’t just interested in selling you retirement assets. They are interested in teaching you about those assets, the economy and inflation, and how to avoid some of the gimmicks and high pressure tactics used by other companies in this industry.
Don’t worry, you won’t climb the learning curve the size of Mount Everest. In fact, the company’s educational materials take a streamlined approach to education. It has put a lot of time and money into doing this. Its educational chain is also led by Devlin Steele, a Harvard-trained economic analyst.
Therefore, whether you are learning about the pros and cons of rollovers or how to assess the precious metals market, you can rest assured that you are learning from a team led by one of the most talented people in the industry. .
Investing is about making your money work for you. It is difficult if you buy property at high prices. You won’t have to worry about that difficulty when you work with Augusta.
While the company’s pricing isn’t as transparent as I’d like it to be on the website, you can get detailed pricing information if you call. Their pricing is in line with the market leaders, whether you are looking for gold or silver bullion or specialty coins.
Personal assistance through the entire process
Setting up and managing an IRA is often a confusing process, but not when you work with Augusta Precious Metals. The company walks you through everything from filling out forms to sharing the most common gold and silver products to meet your unique needs. Augusta actually works with you, removing a lot of the work from your hands, to take care of most of the IRA processing.
There is even an order desk with dedicated representatives whose sole responsibility is to find you the best precious metals for your portfolio at the best price whenever you call for your portfolio. Hence, you not only get personalized support, but you also get peace of mind knowing about the company working on your behalf to give you the best deals.
storage and preservation
Since IRAs are tax-advantaged investments, they must meet strict regulatory standards. IRA gold, silver, and other metals must be stored in a non-bank, non-government storage facility. You will also need a custodian to help manage your IRA for you.
Augusta makes it easy to meet these requirements.
The company works with the Delaware Depository for Storage, which is one of the most popular options for highly secure precious metal storage facilities and low storage fees. The company also works with Equity Trust for custody services, yet another leader offering reasonable management fees. Therefore, you don’t have to go looking for a mentor whom you can trust with a reasonable annual fee. That leg work has already been done for you.
After a thorough review, it is clear that Augusta Precious Metals is indeed a legitimate service. All you have to do to see this is take a look at the company’s ratings on various major review websites:
To go a step further, Isaac Nuriyani is the outspoken founder, owner and CEO of the company. He publicly stated his personal mission of empowering the public to diversify their retirement savings through precious metal products and a strict commitment to ethics and professionalism.
Although most of the company’s business happens over the phone, its website is also highly secure, which includes bank-level encryption.
All told, Augusta is a great company worth your consideration.
options to consider
There are a lot of Gold IRA companies. So, if Augusta Precious Metals isn’t your cup of tea, don’t worry. Consider one of its competitors below:
Product ServiceBest for JM BullionBest for Small AccountsBirch Gold GroupBest for Quality Customer SupportBest Patriot Gold GroupDealer-Best for Direct Buy Goldco Precious MetalsBest Last Word for IRA Rollover
If you’re looking for a precious metals company to diversify your IRA investments, Augusta Precious Metals is a top pick. The company’s focus on education and long-term dedication to its customers sets it apart from the rest.
However, you should never invest blindly. Before you add precious metals to your retirement portfolio, do your research and carefully consider the pros and cons. If you’re still unsure whether precious metals are the way to go in your unique situation, consider reaching out to a financial advisor for help.