What Is Augusta Precious Metals?

It is one of the leading specialist precious metals investment companies that offers you a robust way of diversifying your wealth. It allows you to invest in physical assets like silver and gold either for personal investment or through an individual retirement account known as a Precious Metals IRA.

Augusta Precious Metals is a company with perhaps the best reputation in the business. The great thing about investing in a Precious Metals IRA over other types of investment is that it will always be worth something no matter the economic conditions. If you invest part of your retirement funds in the company, you will diversify your post-retirement assets.

Augusta Precious Metals has a reputation for having highly trained and competent agents that educate customers about everything related to the economy in general as well as the precious metals market. All you have to do is tell them your financial goals and they will help you build a precious metals portfolio that matches your investment goals.

Augusta Precious Metals: Company History

The company was founded in January 2012 by Isaac Nuriani who is still the company’s CEO. Nuriani had a personal vision to educate and empower his fellow Americans to diversify their retirement savings. The company’s corporate headquarters are in Beverly Hills, California.

Nuriani established the company to offer retirement savers a solution for safeguarding their savings by purchasing precious metals. While similar companies were already in existence by the time the company was established, Nuriani’s passion for integrity was what the industry was lacking.

Augusta Precious Metals is focused on helping American investors protect their assets through a customer-oriented approach to service delivery. The primary goal of the company is to make the lives of its clients easier.

The company seeks to achieve this goal through a personalized, simple, and affordable purchasing process regardless of what your reasons could be for investing in precious metals. It actually handles all the paperwork on behalf of clients.

The official Augusta Precious Metals website includes additional information and resources aimed at helping investors learn more about how to invest in precious metals. If investing in precious metals is something you are interested in, you definitely need to check out the company’s website.

Augusta Precious Metals Review: Company Reputation

Augusta Precious Metals is highly trusted by its clients and highly respected by its peers as evidenced by the numerous review websites that have ranked the company among the top precious metal investment companies in the United States. It has a rating of:

• AAA with the Business Consumer Alliance

• A+ with the Better Business Bureau

• 5-Stars on TrustLink

How to Get Started with Augusta Precious Metals

Getting started with Augusta Precious Metals is a simple 4-step process:

Step 1: Upon contacting the company, you will be connected with a customer success agent who will answer your basic questions and will be your reference point throughout the process. The role of this agent is to ensure that the company meets all your needs.

Step 2: Your customer success agent will then introduce you to the economic analytics team who will get in touch with you either via phone or web chat to explain what is currently happening with the economy as a whole and the silver and gold markets.

Step 3: If you decide that Augusta Precious Metals is the right partner for you, the customer success agent will then introduce you to the IRA processing team, who will help you get everything set up. The team will keep you updated every step of the way.

Step 4: Once everything goes through and the funds arrive at your new custodian, the IRA processing team will in turn introduce you to the order desk where you can purchase your preferred precious metal products.

Augusta Precious Metals: Services Offered

What services does the company offer? You probably know by now that the company is involved in precious metals investing, but what types of services does it actually provide? Augusta Precious Metals offers two main services:

– Precious Metals IRAs: The account is as simple as it sounds. Funds from your IRA are used to invest in precious metals. That way, if the price of these metals rises, you benefit. The IRA is usually also diversified, which means that you can benefit from the rise in price of your silver investments that typically perform better than gold in times of uncertainty.

– Brokerage Services: If you would like to invest in precious metals outside an IRA, it is possible to do so with Augusta Precious Metals. You can purchase your preferred precious metals directly from the company and they will ship them straight to your doorstep immediately your funds clear.

Precious Metals IRA

If you would like to set up a Precious Metals IRA for the purpose of diversifying your portfolio, you should definitely contact Augusta Precious Metals. The company’s team will help you roll over your existing retirement account or set up a new Precious Metals IRA. The company has worked to ensure that the process is as simple as possible and takes as little of your time as possible.

Once you have decided to set up your Precious Metals with the company, you will work with one of their self-directed IRA custodians to get the account set up. They will in turn help you line up the funding for the account, whether that comes from a personal bank account or a transfer from an existing IRA that’s eligible for a rollover.

Augusta Precious Metals works with some of the best IRA custodian companies including:

– Equity Trust

– Kingdom Trust

– Goldstar Trust

The above custodians operate nationally and have a lot of experience managing self-directed IRAs. If you currently work with any of these custodian companies, the Augusta Precious Metals team will work with you to ensure a smooth transfer.

Augusta Precious Metals promises seamless coordination with the custodian companies to provide full IRA services. The services referred to here include rollovers from 401(k) and other retirement accounts to self-directed IRA accounts.

It is important to note that only some retirement accounts are actually eligible for a rollover and it can be confusing to determine whether yours is. A member of the Augusta Precious Metals team can help you determine if your retirement account is eligible.

The Augusta Precious Metals Team is highly trained and experienced in the transfer and rollover process. Once the company receives the funds, you can then choose the different precious metal investments you would like to add to your account.

If you are not sure about the precious metal investments to add to your account or what ratio of gold to silver to have in your account, you should have a chat with one of the company’s precious metals experts for some advice.

IRA-Approved Coins

The IRS tax code provides the criteria that have to be met for precious metals to be held in an IRA. All gold coins and bars (except for the American Eagle Gold Coin) must be at least 99.9 per cent pure. Silver bars and coins must be at least 99.9 per cent pure.

Here are some of the IRS-approved silver and gold coins that you can add to your investment portfolio with Augusta Precious Metals:

– Canadian Silver Maple Leaf

– American Silver Eagle

– Canadian Silver Eagle with Nest

– 2019 Royal Canadian Mint 1.25 oz Silver Eagle with Nest

– 2020 Royal Canadian Mint 1.25 oz Silver Soaring Eagle

– Canadian Silver Soaring Eagle

– American Buffalo

– Gold Canadian Eagle

– Canadian Maple Leaf

Secure Storage

Once you set up your Precious Metals IRA with Augusta Precious Metals, you aren’t allowed to hold the coins and bars in your account on your own. The IRS requires that precious metals be stored in an approved storage facility.

Augusta Precious Metals has partnered with Brinks Global Services and International Depository Services Group (IDS) to meet the precious metal storage needs. Clients’ assets are kept in secure, independent storage facilities spread across the United States in various cities, such as:

– New Castle, Delaware

– Wilmington, Delaware

– Nampa, Idaho

– South Fargo, North Dakota

– Las Vegas, Nevada

– Salt Lake City, Utah

– Jackson, Ohio

– Los Angeles, California

– Bridgewater, Massachusetts

– New York City, New York

When you set up your Precious Metals IRA with the company, they will take care of all the necessary steps for getting your precious metals to your storage facility. You can rest easy knowing that your precious metals will be securely shipped to a facility with state-of-the-art security.

Brokerage Service

If you would like to purchase silver and gold for a personal investment instead of or in addition to adding it to your self-directed Precious Metals IRA, Augusta Precious Metals can help. Investing in silver and gold outside of an IRA offers you the benefits associated with portfolio diversification.

The great thing about purchasing precious metals for a personal investment is that you never have to worry about being fined for cashing in your investment before you retire or being charged fees. You are also free to manage the investment how you want.

Augusta Precious Metals has an impressive selection of premium gold coins, gold bullion, premium silver coins, and silver bullion to choose from. Here are some of the precious metals that you may consider purchasing:

Common Gold Bullion:

– Gold American Eagle 1oz BU (Random Year)

– Gold American Eagle .5oz BU (Random Year)

– Gold American Eagle .25oz BU (Random Year)

– Gold American Eagle .25oz BU (Random Year)

– Austrian 1 oz Gold Philharmonic BU (Random Year)

– South African Gold Krugerrand 1oz (Random Year)

– Gold Bar 10oz

– Gold Bar 1oz

Premium Gold:

– 2020 Australian Striped Marlin

– 2017 Royal Canadian Mint .25oz Gold Eagle

– 2015 Canadian .25oz Gold $10 Polar Bear and Cub

– 2014 Canadian .25oz Gold $10 Arctic Fox

– Gold American Eagle Proof

– American Gold Buffalo Proof

– Certified American Eagle

– Certified American Buffalo

– $20 Saint Gaudens Gold Coin

– $10 Indian Head Gold Coin

– $5 Indian Head Gold Coin

– $2.5 Indian Head Gold Coin

– Liberty $20 Gold Coin

– $10 Liberty Gold Coin

– $5 Liberty Gold Coin

– $2.5 Liberty Gold Coin

– 5 Piece Certified Indian Set

– 5 Piece Certified Liberty Set

– Commemorative 1984 Olympic $10 Gold Coin

Common Silver Bullion:

– American Silver Eagle 1oz BU (Random Year)

– Canadian Silver Maple Leaf 1oz BU (Random Year)

– Austrian Philharmonic Silver 1oz

– America The Beautiful – 5oz Cumberland Gap

– America The Beautiful – 5oz Fort Moultrie

– America The Beautiful – 5oz Effigy Mounds

– 90% Silver Bag – $1,000 Face Value

– Canadian Silver 5 Blessings 1oz

– 90% Silver Bag – $500 Face Value

– Silver Bar 100oz

– 90% Silver Bag – $250 Face Value

– Silver Bar 10oz

– 90% Silver Bag – $100 Face Value

Premium Silver:

– 2020 Royal Canadian Mint 1.25oz Silver Soaring Eagle

– 2016 Canadian 1.5oz Silver $8 White Falcon

– 2015 Canada 1.5oz Silver $8 Polar Bear and Cub

– 2014 Canadian 1.5oz $8 Silver Arctic Fox

– John F. Kennedy Silver Half Dollar

– Walking Liberty Silver Half Dollar

– Ben Franklin Silver Half Dollar

– Peace Dollar

– Morgan Silver Dollar

– Silver Mercury Dime

– Mercury Dime

– Commemorative Dollar

– Proof Silver American Eagle

Shipping and Insurance

All orders from Augusta Precious Metals are shipped for free and include free transit insurance. That means you don’t need to worry about anything happening to your precious metals while in transit because any losses or damages will be covered by the included insurance.

Orders are also shipped promptly so that you receive your precious metals in a timely fashion. Items are discreetly packaged so that nobody can tell what it is. In fact, the driver delivering your precious metals won’t know what’s in the box.

Augusta Precious Metals Fees

Here is a detailed list of the fees charged by Augusta Precious Metals:

Application Fees

You will be required to pay a $50 fee to set up your Precious Metals IRA with Augusta. If you consider the value of the precious metals and how the company helps you set up everything, this is definitely a fair price.

Annual Fees

You will also have to pay $80 annually in custodian fees as well as $100 in storage fees annually. The company does not charge clients any shipping fees and this can help you save some money in the long run. Please ask a representative from Augusta Precious Metals for a current fee schedule.

Credit Card Transaction Limits

Any purchases made using a credit card face strict limitations. Transactions above $5,000 would have to be done using a different payment method, otherwise an algorithm will stop it. Bank transfers are usually the most reliable option.

Minimum Purchase Amounts

The minimum purchase amounts are perhaps one of the greatest downsides to Augusta Precious Metals. Overall, users are required to invest at least $50,000 for a Precious Metals IRA purchase. If you would like to purchase precious metals outside your IRA, the minimum investment is also $50,000.

It is worth noting that whether you would like to purchase premium gold or any other precious metals, some of the fees above may vary depending on the situation. Augusta Precious Metals also does not charge its users any commission fees over silver and gold spot prices.

Lifetime Customer Support

One area where Augusta Precious Metals is head and shoulders above its competitors is customer support. The company sustains long-term relationships with its customers. The company not only walks you through the process of opening your account but also does much of the paperwork for you.

If you decide to partner with Augusta Precious Metals, you will have access to the well-trained service professionals at all times, including:

– Customer Success Agent: The agent is specifically assigned to you and can answer your basic questions and connect you to other departments as needed.

– IRA Processing Department: It is the team responsible for handling the ongoing paperwork and talking to your custodian on your behalf.

– Portfolio Support: The agents in the portfolio support team will help you build a personalized precious metals portfolio.

– Economic Analytics Department: It is the team responsible for helping you identify threats to your savings and explain how the markets work, which can help you decide how best to move forward to maximize retirement savings.

– Order Desk Assistance: The team here will help you if you would like to buy more silver and gold for your portfolio. They are also responsible for administering buybacks and will even help you rebalance your precious metals portfolio as necessary.

Augusta Precious Metals: Pros and Cons

Here is a breakdown of some of the pros and cons of Augusta Precious Metals:

Pros

– The company provides exceptional customer service as evidenced by the consistent 5-star reviews.

– The customer support team will guide you through every step of the process from signing up to funding your account and selecting the right mix of precious metals for your IRA.

– The Precious Metals IRA account opening process is simple, fast, and highly transparent.

– The company does not have any recorded complaints since it was established, which is quite an impressive feat.

– Any precious metals ordered from the company for personal investment will be discreetly packaged, shipped for free, and be fully insured.

– The company provides free precious metal portfolio reviews via web conference with a Harvard-trained director of education and his department.

– The company has an impressive selection of silver and gold coins and bullion for personal investment.

Cons

– The company’s thorough, transparent setup process takes slightly longer than other companies.

– The selection of IRA-approved coins isn’t as large as what you can find with other providers.

– You must have at least $50,000 in savings to get started, which is unfortunately beyond the reach of many people.

– The company doesn’t offer palladium or platinum bullion, just silver and gold.

Final Verdict

Do you want to diversify your retirement portfolio with a Precious Metals IRA?

If so, then Augusta Precious Metals is the only partner you need. The company will take care of everything you need regarding precious metals investments, from the paperwork and purchases to storage in secure depositories and insured delivery.

Augusta Precious Metals offers top-notch customer service and clearly values the goals and time of each customer. The company is ready and waiting to help you open a self-directed Precious Metals IRA or answer any question you might have regarding precious metals investments.

If you are looking to diversify your portfolio with precious metals investments, Augusta Precious Metals is the best company to partner with. To get started today, get in touch with the company to speak to one of its representatives.