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The Complete Augusta Precious Metals Review for 2024


Thanks to pandemic lockdowns, Federal Reserve meddling, and global economic instability, the investing landscape for Americans looks like a minefield.

Experts are predicting a recession in late 2023, and investors are looking for ways to protect their hard-earned savings by diversifying into assets like gold and silver. These savvy investors know assets like gold and silver tend to weather the kind of financial storms headed our way better than stocks and bonds.

Augusta Precious Metals is one of the top rated, most trusted gold and silver IRA companies in the business, and their precious metals IRA could be just what you’re looking for to defend your investments.

Our Augusta Precious Metals review covers everything you need to know from minimums to fees, from reviews and storage options, so we invite you to read on to see if Augusta can help you

Why Trust Us?

We researched all aspects of Augusta’s gold IRA rollover process, scouring dozens of pages on Augusta’s website and consulting independent sources elsewhere on the internet to bring you the important and relevant information you’d need to make a well-informed decision.

Our goal is to give you an objective view of the company and let you in on little-known facts that could make a big difference to your financial future. We highlight the good, and we don’t sugarcoat the not-so-good. And while no company can be the end-all-be-all for every customer, we feel it’s crucial for our readers to have as much information (positive and negative) as possible when choosing a precious metals partner.

But you don’t just have to take our word for it because in this review we provide links to all our research so you can see for yourself whether Augusta Precious Metals is the right company for your investment needs.

Augusta Precious Metals Pros & Cons


  • Zero complaints filed with the BBB
  • Most transparent company as rated by Money Magazine
  • Unmatched educational resources
  • Gives reasons why not to buy precious metals
  • No high-pressure sales tactics


  • $50,000 investment/purchase minimum higher than average
  • No buyback guarantee like other companies

Can I Trust Augusta Precious Metals?

We consider a company’s transparency one of the best signs of trust. With that in mind, Augusta takes great effort to educate potential customers about gold and silver IRAs with the goal of giving them as much information as possible before conducting any transactions.

Augusta Precious Metals’ Educational Resources

Their FAQ is extremely thorough and attempts to answer common questions potential investors may have about purchasing precious metals or rolling over their retirement savings account into a precious metals IRA.

Additionally, their YouTube channel, found here, contains helpful content covering current economic conditions and how gold and silver may help hedge against inflation. Augusta even has a video playlist covering reasons you may not want to buy gold and silver.

Augusta only seeks customers who understand how gold and silver can help control and protect their savings, and the company wants to avoid misunderstandings that could make customers regret their investment decision.

Preview Augusta Precious Metals’ Transaction Agreement

Another sign of transparency is that Augusta lets you look at the transaction agreement before you sign it. By better understanding the obligations and commitments of all parties involved, you can better gauge if Augusta is a company you want to do business with.

You can check out the agreement by clicking here.

Augusta Precious Metals Compliance Department

Keeping with its dedication to transparency and honesty, Augusta highlights its commitment to complying with state and federal laws as well as best practices within the precious metals investing sector by including a page explaining its compliance policies.

Augusta has an entire team of independent attorneys to ensure its salespeople and other employees follow legal and ethical guidelines helping customers secure their savings with gold and silver.

Independent Augusta Precious Metals Reviews

Before making any investment, we all know it’s a good idea to do one’s homework, so in Augusta’s case, we researched the company’s reputation from sites all over the internet, starting with the Better Business Bureau (BBB) and the Business Consumer Alliance (BCA). These two rating agencies look at business practices and customer complaints to judge a company’s trustworthiness and reliability.

Next, we read hundreds of Augusta Precious Metals reviews left by actual customers to get an idea of how Augusta conducts business, what customers say to praise the company, what complaints they bring up, as well as how Augusta performs its customer service duties.

Reviewers leave pieces of information that, when you take the time to stitch the data together, reveal a pretty good idea of what your experience with the company would be like and whether you can trust it.

Better Business Bureau Rating for Augusta Precious Metals

Starting with the BBB, Augusta has an A+ rating – the highest a business can achieve. The BBB states, “Ratings represent the BBB’s opinion of how the business is likely to interact with its customers.” The BBB also considers a company’s transparency and its response to customer complaints when rating. Based on Augusta’s customer reviews and overall performance, the BBB appears confident Augusta is a company you can trust.

Business Consumer Alliance Rating for Augusta Precious Metals

The BCA gives Augusta an AAA rating, also its highest, for its reputable business practices, customer service policies, length of time in business, and lack of complaints.

Customer Reviews for Augusta Precious Metals

The BBB lets customers submit reviews of the companies it profiles. As of this writing, Augusta has over 120 reviews with an average of 4.93 stars out of 5. Those who left an Augusta Precious Metals review praise the company for its patient and thorough approach to educating customers about precious metals IRAs instead of engaging in high-pressure sales tactics.

The BCA also allows customer feedback, and Augusta has over 90 reviews with an average 4.98 out of 5 stars. Augusta Precious Metals reviewers here state the company is transparent, with no hidden fees, and seek to help customers understand exactly what they’re getting into before purchasing precious metals.

Augusta Precious Metals Reviews on TrustLink

Customers on TrustLink, another consumer ratings site, has over 260 5-star reviews, including one by its brand ambassador Joe Montana.

Augusta Precious Metals Reviews on Google

One thing we noted was that the company responded to nearly every review, no matter whether it was overwhelmingly positive or just lukewarm. We consider this a practice that goes above and beyond regular relationship building and reinforces Augusta’s goal of creating lasting relationships with its customers.

Complaints Against Augusta Precious Metals

You’ll be pleasantly surprised to learn that Augusta Precious Metals has zero complaints filed with the BBB and zero complaints in the last three years with the BCA. This sets Augusta apart from all the other precious metals companies we’ve reviewed.

The absence of formal complaints is a good indicator that Augusta takes time to build trust and a solid relationship with its potential customers before conducting any transactions.

Nearly all the customers who were unhappy with their Augusta Precious Metals experience (which was very rare, to be accurate) left reviews about overpaying. This indicates Augusta may charge a higher price above spot compared to other companies like American Hartford Gold. Or it could mean that their particular salesperson somehow didn’t prepare the customer enough for what to expect when making a transaction.

(In our Protect Your Retirement guide, we talk about things to consider when choosing a precious metals IRA company, including asking about fees above the spot price when investing in precious metals or rolling over funds to an IRA.)

Augusta Precious Metals Products & Services

Augusta offers customers two types of precious metals services: direct cash purchases and a self-directed gold or silver IRA. With a direct purchase, your gold and silver are delivered to you for storage at home. For an IRA, federal law stipulates that you have a custodian arrange appropriate safeguards for your precious metals.

What Kinds of Precious Metals Does Augusta Sell?

Augusta Precious Metals offers only gold and silver bullion as of this writing. While this may seem disappointing compared to the products sold by other companies, gold and silver make up the vast majority of precious metals investments and are the only metals allowed in a precious metals IRA.

So, by focusing on gold and silver, Augusta can focus on delivering the highest

What Kinds of Gold or Silver Can I Buy from Augusta?

Within its catalog, Augusta offers two types of bullion: common and premium. Augusta’s common gold and silver coins include the Gold American Eagle, the Gold American Buffalo,

If you’re wondering more about the difference between common bullion and premium bullion, check out our article, “Common Bullion and Premium Gold & Silver Coins: What’s the Difference?” where we cover why gold and silver dealers like Augusta offer different categories of coins.

What are Augusta Precious Metal’s Fees?

According to its fee sheet, the charges for Augusta’s precious metals IRA are as follows:

One-time setup fees:

  • Custodian application fee: $50
  • Annual custodian fee: $100
  • Depository storage fee: $100

Annual recurring fees:

  • Annual custodian fee: $100
  • Depository storage fee: $100

So, your total fees during account setup is $250, while you’ll pay $200 per year to have Augusta maintain your account and the depository to secure your precious metal assets.

Who Serves as Custodian for Augusta’s Customers?

The IRS does not allow owners of self-directed IRAs to serve as their own custodians (ironic, we know.) As a result, Augusta has vetted and partners with Equity Trust to make sure your account stays compliant with all laws and regulations. Equity Trust manages more than $25 billion in assets and serves customers in all 50 states.

Where Does Augusta Store Its Gold and Silver?

Augusta partners with the Delaware Depository, one of the nation’s top private, secured depositories, to secure its customers’ bullion.

The precious metals stored there are kept in a non-government storage facility. They are documented according to IRS regulations and can’t be touched by the depository’s creditors. This means if the depository goes bankrupt, your gold and silver are safe.

Augusta Precious Metals’ Investment Minimums

Compared to other companies, like American Hartford Gold which requires $10,000, Augusta requires at least $50,000 in savings to roll over into their precious metals IRA. Similarly, for direct purchases of gold or silver bullion, Augusta requires $50,000.

Does Augusta Precious Metals Have a Buyback Program?

To offer customers peace of mind, many gold and silver companies While Augusta may offer to buy back your precious metals, it doesn’t guarantee to do so like other gold and silver companies, for example, Goldco.

Augusta discloses this all upfront in its Risk Disclosure. After reading through it, we conclude that Augusta’s rationale for not including a

Conclusion – Is Augusta Precious Metals Legit?

After conducting thorough research for our Augusta Precious Metals review, we can confidently say that the company is, indeed, legit. They’ve helped thousands of happy, satisfied customers defend their retirement savings with a precious metals IRA and direct gold and silver purchases.

Although they may require a greater minimum investment, they want to make sure you’re well prepared to invest with them. If you’re interested in learning more about their products and their gold IRA rollover process, click the button below. Thanks for reading!

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