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Augusta Precious Metals Review

Are you looking to invest in precious metals? Augusta Precious Metals may be the perfect solution. As one of the leading dealers in gold and silver, they have built a reputation for providing exceptional quality and service to their customers. Here, we will provide a detailed Augusta Precious Metals review, covering everything from their history and product offerings to their pricing and customer service. So, whether you are a seasoned investor or a beginner looking to get started with precious metals, read on to learn more about Augusta and what they can offer you.


Augusta Precious Metals is a reputable precious metals dealer that was founded in 2012 by the visionary CEO, Isaac Nuriani. The firm was created with the mission of helping retirees and investors diversify their savings by investing in precious metals like gold and silver.

Today, the firm is highly regarded in the industry for its competitive pricing, outstanding customer service, and extensive range of precious metal products. From cash purchases to gold and silver IRAs, Augusta offers an array of investment options, and investors can choose from several depositories to store their physical metals. With a deep commitment to transparency and ethics, Augusta is considered one of the most reputable precious metal dealers and gold IRA provider in the United States.

Augusta Precious Metals Ratings and Reviews

Augusta Precious Metals has quickly become a leader in the industry, earning numerous accolades from various review sites, including being named Money’s list “Best Overall” in the category of Best Gold IRA Companies in 2023.

Money Best Gold IRA Companies Award Best Overall 2023

Better Business Bureau (BBB)

Augusta is accredited by the Better Business Bureau (BBB) and has received a rating of A+. The A+ rating is the highest possible rating the BBB awards to a business. It indicates they have established a track record of trustworthiness and ethical business practices. To earn an A+ rating, businesses must meet a number of criteria, including being transparent with customers, resolving customer complaints efficiently, and honoring their commitments. The rating also takes into account factors such as the length of time the business has been in operation, the volume of complaints they receive, and their response to those complaints.

Business Consumer Alliance (BCA)

Business Consumer Alliance (BCA) rated Augusta Precious Metals with a 5-Star rating. This rating from BCA indicates that Augusta has demonstrated excellence in the areas of transparency, integrity, and customer satisfaction. BCA is an independent organization that provides ratings and accreditation to businesses based on their performance and customer feedback. This rating is considered a high honor and a testament of their commitment to ethical business practices and quality customer service.


TrustPilot rates Augusta 5-Stars. Trustpilot is a popular online customer review platform that allows customers to leave feedback about their experiences with companies. A 5-star rating indicates that Augusta has received excellent reviews from satisfied customers of their product and service. 

Google Reviews

Augusta Precious Metals’ customer reviews on Google have resulted in a 5-star rating. This shows their customers are highly satisfied with the products and services received. A 5-star rating is the highest possible rating, indicating they have provided exceptional customer service and quality products to their customers. This is also a good indication for potential buyers looking to invest in, sell, or purchase metals from the Augusta Precious Metals company.

Services Offered to Investors

The services offered to precious metal investors through Augusta are:

Augusta Gold IRA

Augusta Precious Metals offers investors a self-directed Individual Retirement Account (IRA) that is backed by physical gold. This investment can provide diversification, protection against inflation, and potential tax benefits. It also provides a hedge against the declining value of the paper currency.

The Internal Revenue Services (IRS) has authorized specific coins and bullion bars as eligible investments for IRAs.

Augusta provides an extensive selection of gold options. Investing in a Gold IRA can provide individuals with a strategy to safeguard their retirement funds against economic uncertainties.

Eligible gold IRA coins.

IRA approved gold coins include:

  • American Eagles
  • American Eagle Proofs
  • Canadian Maple Leaf
  • Gold Canadian Eagle
  • American Buffalo
  • Australian Striped Marlin

Augusta Silver IRA

Just like a Gold IRA, a Silver IRA is an individual retirement account that focuses on investments in physical silver bullion. It is a self-directed IRA, offering the flexibility to invest in actual silver. Investing in a Silver IRA can serve as a strategy to shield your retirement assets from the uncertainties of market fluctuations.

Eligible silver IRA coins.

IRA approved silver coins include:

  • Canadian Silver Soaring Eagle
  • Canadian Silver Eagle with Nest
  • American Silver Eagle
  • Canadian Silver Maple Leaf

Physical Gold or Silver Purchase

If incorporating physical gold and silver into your investment portfolio appeals to you, Augusta Precious Metals offers the means to do so. This typically entails buying physical gold and silver in the form of coins or bars that you can directly possess.

Unlike investing through a self-directed IRA, which secures precious metals within a tax-beneficial retirement account, purchasing physical precious metals grants you ownership of these assets independently of any retirement plan.

For many, physical gold and silver represent reliable protection in periods of economic instability, offering a way to safeguard wealth. If you are worried about the diminishing value of paper money or aim to maintain your buying power for the future, investing in physical gold and silver might be an attractive option for you.

Steps to Open an Augusta IRA

Opening a gold IRA account is a straightforward process. Here are the steps you can take to open an account:

  • Determine your investment goals: Before opening an account, it is essential to determine your investment goals and how a precious metal investment can help you achieve them. Are you looking for diversification in your portfolio, protection against inflation, or a way to save for retirement? They offer a range of investment options, and its team of experts can help you choose the best strategy for your specific goals.
  • Choose your account type: As discussed earlier, there are two main types of accounts offered: a self-directed IRA and a direct purchase account. Choose the type of account that best fits your investment goals and needs.
  • Fill out an application: Once you have determined your investment goals and chosen your account type, you must fill out an application. This can be completed online or with a paper application so that you can select the best method.
  • Fund your account: After your application is approved, you will need to fund your account. The minimum investment amount for a gold or silver IRA is $50,000, while the minimum investment for a direct purchase account is $5,000. You can fund your account with a bank transfer or rollover from an existing IRA.
  • Choose your investments: Once your account is funded, you can choose your investments. Augusta Precious Metals provides a range of investment options, including gold coins, bars, bullion, and other metals like silver, platinum, and palladium. Their team of experts can help you choose the best investments for your specific goals and circumstances.
  • Store your assets: If you have opened a precious metals IRA, your assets will be stored in a secure depository with which Augusta Precious Metals partnered. If you have made a direct purchase, you can store your assets at home or in a secure depository.

Factors to Consider When Investing in Precious Metals IRAs

Custodial and Storage Fees

Augusta Precious Metals charges a one-time fee for setting up your silver or gold IRA, which typically ranges from $50 to $100. They also charge an annual storage fee for holding precious metals in a secure depository. This fee is usually based on the value of your assets and can range from 0.05% to 0.15% per year. The company offers a fee schedule on its website that provides more detailed information.

In addition to these fees, you may also incur transaction fees when buying or selling metals. These fees may vary depending on the type of metal you are buying, the amount of metal, and the current market conditions. Discussing these fees with your financial advisor or the Augusta team before making investment decisions is essential.

Minimum Investment Amounts

The minimum investment amount required to open a gold IRA with Augusta Precious Metals is $50,000. You must deposit at least this money into your account to begin investing. However, the company may sometimes waive this minimum requirement, so it is worth discussing your options with their team if you have less than $50,000 to invest.

Regarding individual purchases, the minimum investment amount may vary depending on the type of metal and the specific product. For example, you may be able to purchase a single gold coin for as little as a few hundred dollars, while a larger investment in bullion bars may require thousands of dollars.

Other Considerations

It is essential to consider other factors that may impact your investment, such as taxes, insurance, and liquidity. The company can guide you on these issues and help you navigate the complexities of the investment.

It is also worth noting that investing in silver, gold, platinum, and palladium carries some risk. The value of these metals can fluctuate based on various factors, including economic conditions, global events, and supply and demand. It is essential to be aware of these risks and to work with a financial advisor who can help you make informed investment decisions.

Depository Info

Augusta Precious Metals works with several highly secure and reputable depositories across the United States to ensure the safety and security of their clients’ investments.

Here are some essential details to keep in mind when it comes to depository information:

  1. Location

Depositories are located in different parts of the United States, including Delaware, Kentucky, and Utah. The specific depository where your precious metals will be stored will depend on your location and other factors.

  1. Security

The depositories used by Augusta are highly secure and meet or exceed industry standards. These facilities have 24/7 surveillance, armed guards, and biometric access controls. The depositories are also fully insured against theft, loss, or damage, giving clients peace of mind knowing their investments are protected.

  1. Access

While your precious metals will be stored in a secure depository, you will still have access to your account and investments. Augusta provides online account access, allowing you to view your portfolio, check account balances, and make investment decisions from anywhere with an internet connection. You can also work with the company’s team of experts to buy or sell precious metals as needed.

  1. Delivery

Sometimes, you may wish to take physical possession of your metals. Augusta can facilitate the delivery of your assets to your doorstep, or you can arrange to pick them up in person at the depository. However, it is important to note that taking physical possession can carry some risks, such as loss or theft.

Protect Your Investment Today

Augusta Precious Metals gives investors a hassle-free way to invest in gold and other precious metals. Whether you are looking to diversify your retirement portfolio or invest in physical gold and silver for the first time, Augusta has you covered. With their exceptional customer service and reputation for excellence, you can rest assured that your investments are in good hands. So why not consider opening an account with Augusta Precious Metals today?

Augusta Precious Metal FAQs

Yes, Augusta Precious Metals has a buyback program for precious metals purchased through their platform. The program ensures that you receive a fair price for your metals based on current market conditions.

Augusta delivers precious metals directly to customers or stores them in secure vaults. Products are shipped with insured shipping to ensure that precious metals are delivered safely and securely to customers.

Augusta has competitive pricing for purchasing precious metals, which is based on current market conditions. They offer transparent pricing, with no hidden fees or commissions.

Yes, Augusta offers a range of educational resources for investors, including articles, videos, and webinars. These resources cover a wide range of topics related to investing in gold and silver and other metals, including market trends, portfolio diversification, and tax implications.