Augusta Precious Metals Review
In the financial world, gold has earned a reputation as one of the most stable and reliable assets that investors can depend on. Taking advantage of an IRA to invest in gold is one of the best considerations that a financial planner with prudence can make in order to navigate uncertain economic times. However, even with many people still seeking opportunities to diversify their retirement investments with precious metals like gold, they still have to contend with murky grounds to navigate. Today there are still some gold companies out there that are only focused on their own interests over those of people investing with them. They mislead customers who end up making purchases that will not necessarily benefit them whether in the short term or the long term.
This augusta precious metals review will attempt to provide the most useful information that can help anyone determine if Augusta Precious Metals is a company that can be trusted.
About Augusta Precious Metals
As a full-service company, Augusta Precious Metals has been specializing in physical precious metals like gold and silver. The company has been providing services like trading in precious metals bullions and coins including IRA approved gold and silver. They also provide customers with the required shipment and storage services for the precious metals in accordance with the IRA rules as set by the IRS.
Compared to most gold companies in the market today, Augusta Precious Metals stands out with some unique selling points giving them an edge.
Customer service
Augusta Precious Metals is a family-owned business and on its official company website does assure customers of its strong commitment and level of dedication that ensures exceptional service. With their help customers can expect better protection on their savings because the company ensures a much simplified and personalized process as far as buying or selling gold and silver is concerned.
Customers dealing with Augusta Precious Metals can expect to interact with a team of gold and silver specialists that have gained extensive knowledge and experience in the industry. The level of their financial expertise and professionalism can be convincingly reassuring to most investors.
Assisting customers get down to the brass tacks of gold IRA investments
By focusing on creating long term relationships with their customers, Augusta Precious Metals consistently ensures that they provide a great service that includes personalized attention. They also proactively communicate and ensure prompt handling of paperwork.
In order to help in understanding the details of trading in gold for IRA, the company ensures that they closely work with the customers. They also offer a free gold IRA investment guide that is always available for download from their website.
An account manager assigned for each customer
For each of their customers, Augusta Precious Metals assigns a specialist from its corps d’elite financial specialists. The specialists are highly trained as far as the precious metals and global financial markets are concerned. They offer a wide range of product selection that are competitively priced while the shipping process is simplified.
A family run business with rich history
Augusta Precious Metals is a family operated business run for more than 40 years by the Nuriani family. It gives customers a sense of assurance that is to be expected when it comes to dealing with a family owned business. Considering they have many years of experience dealing in physical gold as well as self-directed IRAs gives even more assurance.
The Augusta Website
Through their official website, the company provides access to a library of information and resources that are meant to educate customers and anyone that is considering investing with them. The information available is enough for gold investors to go from newbies to the same levels as some of the most experienced precious metal buyers.
Gold and Silver IRA: This is the section of the website that is dedicated to providing detailed information explaining the process and the importance of investing in gold and silver for your IRA account. Self-directed IRA accounts are covered here as well as the process of purchasing IRA gold with Augusta Precious Metals.
Gold and Silver IRA FAQ: This section addresses various questions that investors interested in gold IRA might have. It includes details about the process of buying gold or silver, shipping, storage as well as liquidation.
IRA Eligible Coins: Unlike some gold IRA companies, Augusta Precious Metals does list some of the IRA eligible coins that they have to offer. That is a high level of transparency to make sure customers do not end up buying products that may not be accepted for an IRA account.
Products and Services
The company deals in a wide range of products with the popular ones including precious metals like gold and silver bullions and coins. However, not every product they offer is acceptable in an IRA. The products they have listed on their website include the following:
Common Gold Bullion:
- Gold bars
- Gold American Eagle
- Gold American Buffalo
- South African Gold bars
- Gold Canadian Maple Leaf
- Austrian Philharmonic Gold
Common Silver Bullion:
- American Silver Eagle
- America the Beautiful coins
- Canadian Silver Maple Leaf
- Canadian Silver Blessings
- Austrian Philharmonic Silver
- Silver bars
Premium Gold:
- Royal Canadian Mint Gold Eagle
- Canadian Gold White Falcon
- Canadian Gold Gyrfalcon
- Certified American Eagle
- Certified American Buffalo
- American Gold Eagle Proof
- American Gold Buffalo Proof
Premium Silver:
- Ben Franklin half a Dollar
- Canadian Silver White Falcon
- Canadian Silver Gyrfalcon
- Royal Canadian Silver Eagle with Nest
- John Kennedy Half Dollar
- 1964 JFK a half dollar
- Morgan Silver
- Peace Dollar
- Silver Mercury dime
- Walking Half Dollar Liberty
IRA Eligible Coins:
- 2017 Royal Canadian Mint 1/4-oz Gold Eagle
- Gold American Eagle
- 2016 1/4-oz British £25 Gold Standard
- American Buffalo
- American Eagles and American Eagle Proofs
- Canadian Maple Leaf
- 2016 Royal Canadian Mint 1/2 oz Silver Eagle
- 2018 Royal Canadian Mint 1.25oz Silver Eagle with Nest
- Gold IRA Eligible American Eagle
- Gold IRA Eligible Canadian Maple Leaf
- American Eagle and American Eagle Proofs
- Canadian Maple Leaf
Augusta's Gold IRA Custodians
As part of a legal requirement, Augusta Precious Metals usually works with various custodians in order to administer their IRA precious metals. Through these custodians the company manages to provide full IRA services. The services range from 401K rollovers and different retirement accounts to the self-directed IRA accounts that offer investors more control and flexibility with their retirement investment choices.
With Augusta Precious Metals customers have access to custodians that include:
- Goldstar Trust
- Equity Trust
- Kingdom Trust
These are custodians with national operations and years of experience as far as management of self-directed IRAs is concerned. The gold broker will also ensure seamless coordination with all these custodians to the advantage of their customers.
Storage of Precious Metals
One of the major challenges that investors are likely to face soon after purchasing their precious metals has to do with their storage. It is important to carefully consider the best options you may have to store your wealth safely. The IRS sets rules that include storage requirements for precious metals that are owned by an IRA. Personal storage of precious metals is not allowed, so the storage should be provided by approved depositories.
Augusta Precious Metals does provide to its customers some of the best available storage solutions. They include the Delaware Depository as well as several other non-government types of storage facilities found in several cities in the US.
Transparency
Many precious metal dealers are not likely to list prices for the different kinds of products they offer but Augusta Precious Metals does that. On their website, you will also find a section that is dedicated to the latest news and trends in the financial markets. You can easily find out the latest updates and any relevant information about all the issues that are likely to influence the prices of precious metals.
Augusta Ratings on Consumer Review Sites
Augusta Precious Metals boasts of an A+ rating for its profile on the Better Business Bureau, AAA on Consumer Alliance, and 5 stars on TrustLink. The ratings clearly confirm that the company has earned great levels of trust from the customers it has served over the years while providing high quality products and services. They haven’t yet received any complaints and their customer service has remained excellent.
The Bottom Line
Augusta Precious Metals has proved to be among the few gold IRA companies that offer great levels of reliability and trustworthiness. Given their high levels of transparency, great reputation and expertise on precious metal investments, Augusta Precious Metals remains a great choice for IRA investors and we highly recommend the products and services they offer.
