Augusta Precious Metals Fees

James McCollum

In today’s world, it is common to see a person investing in different financial instruments. However, some people have more opportunities than others. Investing in the right financial instrument can change your life and lead to better opportunities. 

The right investment can even help you pay for college for your children or save up for a down payment on a house, and it can also help you retire comfortably one day. 

This Augusta Precious Metals review will show that the company’s a trustworthy precious metals dealer that trades in bullion, not just ounces of gold or silver. It helps people understand economics and how to diversify savings with a precious metals IRA account.

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Advisory!  Prior to diving into this review, we’d like to stress that at Investors Circle, our mission is to protect your wealth.  We know that our research reports may alter your investment decisions, so we want to be 100% sure you are investing your hard earned money with the right company!

With this in mind, we urge you to check out our list of the top five companies in this space (we found 1 that fits 99% of investors needs)

>> Click Here To View Our Updated List of the 5 Best Companies <<

See if Augusta Precious Metals made our list this year, or continue with this review below to see if they are possibly the right company for your investment needs.

Who Is Augusta Precious Metals?

Augusta Precious Metals

Augusta Precious Metals is a trusted metal dealer that helps people invest in precious metals such as gold and silver. It has been in the industry for over 25 years as an authorized dealer of Precious Metals, Scrap Metals, and Bullion and gold IRA.

Moreover, the Augusta Precious Metals team has decades of experience in the industry, dedicated to helping investors make sound and informed financial decisions. The employees aim to make precious metals investing simple, secure, and accessible.

This firm is called the “guardian” of the gold IRA sector. It educates clients on what to look for in other gold or silver IRA organizations, and it even offers a video series called “Bad Reasons to Purchase Gold” to help avoid mistakes.

What Makes Augusta Precious Metals Unique?

Augusta Precious Metals

Augusta Precious Metals is one of the top gold IRA companies and is the best for people new to investing in precious metals. It offers free shipping on orders and allows more accessible precious metals investing. The company is trustworthy and has a wide selection of products at fair prices.

Furthermore, it also has a wide selection of coins, bars, and Canadian Loose Numismatic coins that are perfect for gifting a loved one. Augusta Precious Metals also have competitive prices and a straightforward and quick application process.

– – – > Visit Augusta Precious Metals

Augusta Precious Metals Fees

Augusta Precious Metals charges a variety of fees for its services. The following is an overview of their costs:

  • Account Setup Fee: $50 for silver and gold IRA.

  • Custodian Fees: $250 for the initial year and $100 for the following years.

  • Storage and Shipping Fees: The orders come with free shipping and a $100 storage fee.

While some expenses are associated with opening a gold IRA account and buying gold or silver bars, Augusta Precious Metals compensates with exceptional assistance and free education.

Gold and silver have existed for ages, and their worth has only increased through history. Remember that the value of gold and silver may increase over time, making them a good investment. Don’t pass up this opportunity to invest in these precious materials since Augusta makes it simple.

How Does Augusta Precious Metals Work?

Purchasing gold and silver is simple, and Augusta is available to assist you every step of the way. Here’s what to expect from the company:

1. Augusta Precious Metals provides a one-on-one web conference with Devly Steele, Education Director. This critical briefing will go through the terms of the contract and address any concerns you may have. Make sure you have all your questions prepared before the session since this is an ideal opportunity to clarify everything.

2. To create a new IRA account, users must complete a form. This process is relatively simple that takes a few moments.

3. Users must fund their accounts. Augusta Precious Metals assists with transferring assets from an existing IRA, 401(k), 403(k), Roth IRA, or other retirement accounts.

4. After financing the account, users can purchase gold and silver. Augusta Precious Metals provides a broad range of products, allowing investors to find the ideal match for their portfolio.

What Services Do Augusta Precious Metals Offer?

Augusta Precious Metals offer various products and services, including:

  • Gold IRA and silver coins

  • Gold buy-back program

  • Precious metals storage

Augusta Gold IRA

A gold IRA is a type of self-directed personal retirement account in which you can buy physical gold and silver. The IRS allows certain gold and silver coins and bullion bars for IRA investment; therefore, Augusta Precious Metals provides a broad range of gold and silver items. 

Gold IRAs provide a mechanism for investors to secure their retirement assets from market volatility. By investing in Augusta Precious Metals’ gold IRA, you can buy gold bars or the IRA-approved gold coins listed below:

  • American Eagle Proofs (gold)

  • American Eagle (gold)

  • Gold Canadian Eagle

  • Canadian Maple Leaf (gold)

  • Australian Striped Marlin (gold)

  • American Buffalo (gold)

Following your transaction, you may keep your gold in an accredited storage facility or the Delaware Depository. The company offers free shipping to your preferred custodian’s location. Furthermore, you can keep your asset in a secure storage location close to you so that you can physically inspect your gold bars.

Gold Buy-back Program

While you might not want to sell gold anytime soon, there is always the possibility that your position will alter, and you will need to sell quickly. You can sell your gold to Augusta through their Gold Buy-Back Program, which assures you a selling option if you require money quickly. 

Moreover, you do not need to find your own gold client. Augusta cannot always promise that they will purchase back your gold. They have, however, never refused a request.

Of course, you can sell gold on your own. However, this requires locating a buyer or a local gold dealer and seeking the best pricing. With Augusta’s buy-back policy, you can rest assured that they will repurchase it at a competitive price.

What Makes Augusta Precious Metals Stand Out?

Augusta Precious Metals store provides investment advice to its customers. It offers information about choosing the best type of precious metal for your investment. This way, you can be sure that you are making the right investment decision. 

The company has a wide selection of products for every investor, from amateurs to experts and professionals. Moreover, Augusta has competitive prices and one of the industry’s lowest costs.

Also, it’s good to note that the Better Business Bureau (BBB) accredits the company. Additionally, the Business Consumer Alliance has also awarded the company a AAA rating for excellence.

Furthermore, Augusta Precious Metals has a secure website and a live chat feature where you can communicate with a customer service representative. You can also email them or call their hotline 24/7. Furthermore, there are no Augusta Precious Metals complaints online.

Why Invest in Gold & Silver IRA?

Investing in a precious metals IRA can be a smart financial move. Gold and silver are two of the most reliable investments, and they can hedge against market fluctuations. Furthermore, they are tangible assets, meaning you can hold them physically. 

Additionally, gold and silver are sought after in times of economic uncertainty, making them a good option for investors looking for protection. With a gold and silver IRA, you can also take advantage of tax benefits, as most of these investments are exempt from capital gains taxes. 

Finally, gold and silver IRAs are FDIC-insured, meaning your investments are secure, making these precious metal IRAs an attractive option for savvy investors. Investing in a gold and silver IRA is the right choice if you’re looking for an excellent way to diversify and protect your portfolio.

Conclusion

Augusta Precious Metals is an excellent option for anyone investing in gold or silver. The fees are fair, and the firm has an excellent reputation. Furthermore, the company has a diverse product line and outstanding customer service.

When it comes to funding your account, the organization also provides many options. You can fund your account with a wire transfer, cash, check, or even a rollover from another existing retirement account.

Augusta Precious Metals FAQs

Is Augusta Precious Metals Legit?

Augusta is one of the best gold IRA companies that prides itself on being ethical and responsible. The company has a long history of operating ethically and responsibly, and the precious metals that they produce are of high quality and meet the standards set by industry experts. Additionally, Augusta is a member of the Better Business Bureau and has an A+ rating.

How Much Should I Allocate to Precious Metals IRA?

Precious metals are essential to a sound investment strategy, and people should consider them with other securities. Investors should also think about the following factors when allocating precious metals investments:

  • Current market conditions;

  • Inflation rate;

  • Currency exchange rates;

  • Historical performance of precious metals;

  • Likelihood of geopolitical instability.

Investors should consult a financial advisor to determine the best allocation for their specific situation.

It is essential to diversify your investment portfolio, so allocating a certain percentage of your total assets to precious metals is best. The amount you should allocate will vary depending on your investment goals and risk tolerance. Generally, a conservative allocation would be around 1-5% of your total assets, while a more aggressive allocation could be up to 10%.

How Much Physical Gold and Silver Should I Own?

This is a difficult question to answer as it depends on your specific financial situation and desired level of safety. However, some general guidelines would be to have at least 1-2% of your annual income in physical gold and silver, with a higher level of safety being 3-5%. 

Additionally, it is essential to remember that physical gold and silver are not just a store of worth but also a means of investment. Thus, it is necessary to have a diversified portfolio of precious metals, coins, and bars to protect yourself against potential market downturns.

Gold IRA Quiz