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Is Augusta Precious Metals Legit? 2024 Updated Review!

In this review, we will dive into the question, “Is Augusta Precious Metals legit?” to determine if it’s as good as people say it is and whether it's the right investment partner for you. Let’s get started!

Is Augusta Precious Metals Legit?

Welcome to my Augusta Precious Metals review!

It is said that one-third of people’s lives are spent at work. But somehow, their earnings may not always be enough for their needs. Also, when they retire, where would they derive income to continue living? This is where investments or retirement savings come in. The problem is that the process is complex because of uncertain economic conditions.

Many people diversify their investment portfolio, and investing in precious metals is one of the best ways. People new to this method usually look for a prominent or leading precious metals investments and IRA company, such as Augusta Precious Metals.

In this review, we will dive into the question, “Is Augusta Precious Metals legit?” to determine if it’s as good as people say it is and whether it's the right investment partner for you. Let’s get started!

What Is Augusta Precious Metals?


Augusta Precious Metals is situated in Casper, Wyoming, and was founded by Isaac Nuriani in 2012 to help people expand their investments and secure their retirement through precious metals.

With a solid selection of products, beautiful services, and a dedication to educating clients about the world of precious metals investment, Augusta Precious Metals it made its way to become among the best, most significant, and most trusted gold and silver dealers and IRA service providers in the United States.

According to their website, Augusta Precious Metals has three commitments: transparency, simplicity, and service. These ingredients make them a leader in the industry and why people keep returning to them. They even have famous clients and endorsers such as Joe Montana, Mark Levin, Ben Ferguson, and Judge Jeanine Pirro. 

Check out why Hall of Fame Quarterback Joe Montana chooses Augusta Precious Metals:

Products And Services


When transacting with Augusta Precious Metals, you purchase gold and silver directly or open an IRA. The company specializes in gold and silver products, such as coins of different denominations and bars.

When you buy precious metals outside of an IRA, you can go through their wide selection, which includes standard and premium gold and silver coins and bars such as:

  • Gold American Eagle Proof
  • Gold Britannia
  • Gold American Buffalo
  • Gold Canadian Maple Leaf
  • American Silver Eagle
  • Canadian Silver Maple Leaf
  • America The Beautiful
  • Certified American Eagle
  • 2017 British Royal Mint
  • 2018 St. Helena Crown Guinea
  • 2023 Royal Canadian Mint Silver Soaring Eagle
  • John F. Kennedy Half Dollar
  • Morgan Silver Dollar

Augusta Precious Metals is also recommended for coin collectors because they also help find specific coins and grade them to determine their value.

When storing such precious metals, you may choose a home storage, a bank, or a preferred custodian.

On the other hand, if you decide to open a self-directed IRA with Augusta Precious Metals, they provide holistic services from opening an account to maintaining it. They also have a section on their website dedicated to IRA-eligible precious metals approved by the IRS. Some of them are as follows:

  • American Eagles
  • American Eagle Proofs
  • Canadian Maple Leaf
  • Gold Canadian Eagle
  • American Buffalo
  • Australian Striped Marlin
  • Canadian Silver Soaring Eagle
  • Canadian Silver Eagle with Nest
  • American Silver Eagle
  • Canadian Silver Maple Leaf

As for their other services, they pride themselves on providing educational resources and tools that help clients be more knowledgeable about investments. These include free guides, videos, market news, inflation, retirement calculators, one-on-one online conferences with a Harvard-trained economist, and more. They also provide lifetime support for the accounts from experts and professionals.


Prices And Fees

As you browse the products from Augusta Precious Metals, you can see that the prices are not visible. You would have to call them to know the specific prices. But the idea is that the prices are based on current and spot market rates. As for the fees, they depend on what service they’re for. Here is a summary:

  • IRA account setup: $50
  • Minimum investment amount: $50,000
  • Custodian fee: $250 for the first year and $100 for the subsequent years
  • Shipping fee: FREE for every order
  • Insurance fee: FREE
  • Management fee: $0
  • Storage fee: $100

Get Started With Augusta Precious Metals


As mentioned, you can open an IRA with Augusta Precious Metals or acquire gold and silver without an IRA. Naturally, the process for the latter is much easier. Here is how to transact with Augusta Precious Metals:

Direct Purchase of Gold And Silver

  1. Add funds to your account by transferring cash into it.
  2. Go to Augusta’s Order Desk to choose the gold and silver you like.
  3. Sign your order to have it delivered to your preferred location.
  1. One-on-one web conference. You will be connected to one of the company’s agents to educate you about gold IRAs and what to expect moving forward. They’ll also get to know you and your financial goals, so you’ll be accommodated accordingly. This step is beneficial for beginners who may have many questions about investments. They’ll also handle most of the paperwork for you. 
  2. Open an IRA. Augusta will help you easily open your self-directed account with their preferred gold IRA custodians, like Equity Trust, GoldStar Trust Company, and Kingdom Trust. You’ll have to fill out a form to open the account.
  3. Fund your IRA. You can transfer cash into your new IRA, but if you have previous retirement accounts, like 401(k), 403(k), Roth IRA, etc., Augusta will help you roll over your funds into your new account.
  4. Choose and buy desired metals. Browse through their product catalog and pick whatever you want. The company will then send the metals to a secure depository such as Delaware Depository.

Augusta Precious Metals will be with you every step of the way, and you can contact them via phone or their website whenever you need further assistance.

Ratings And Reviews (Updated 2024)


One of the ways we can determine if Augusta Precious Metals is legit is through its ratings from different platforms. Fortunately, it has a solid online presence and hundreds of reviews. Here’s an updated list of their ratings:

  • Better Business Bureau (BBB) - Accredited since 2015, garnering an A+ and 4.97 out of 5 rating from 121 reviews, with 0 complaints
  • Business Consumer Alliance (BCA) - 5 out of 5 based on 99 reviews and an AAA rating
  • Consumer Affairs - 4.9 out of 5 from 137 reviews
  • Trustpilot - 4.5 out of 5 from 18 reviews
  • Trustlink - 4.9 out of 5 based on 286 reviews
  • Google My Business - 4.9 out of rating from 417 reviews
  • Facebook - 4.8 out of 5 from 129 reviews

Over the years, Augusta Precious Metals has also garnered numerous awards. Money Magazine named them the “Best Gold IRA Company” in 2022. Trustlink has also placed them in the “Best Of” categories for six years.

Pros And Cons


  • Diverse gold and silver products
  • Prioritizes education
  • High ratings from various sites
  • Lifetime support
  • Partners with trusted custodians
  • Free shipping and insurance
  • Hassle-free IRA process
  • Endorsed by several celebrities


  • Minimum investment of $50,000
  • Prices are not readily available
  • No other precious metals like palladium and platinum
  • No online ordering


1. Is Augusta Precious Metals a scam?


Augusta Precious Metals is a legitimate company with many years of experience in the precious metals investment industry. Their strong reputation is a testament to their authenticity.

2. What makes Augusta Precious Metals stand out?

Augusta is proud of being hands-on with their clients by providing them with education, life-long services, and high-quality products. They also strive to give customers quick and easy processes with their IRA concerns. Customers can also seek help from their team of industry experts.

3. Is Augusta Precious Metals suitable for everyone?

Whether you’re a newbie or a seasoned investor, Augusta Precious Metals can accommodate you well. This company is recommended for those wanting to diversify their portfolio or secure retirement with precious metals.

4. Does Augusta Precious Metals offer gifts to customers?

Yes, they give new customers a free gold coin when opening an IRA. 

5. Does Augusta Precious Metals have a buyback program?

Yes, you can return the precious metals you bought from the company to them if you need to be liquid.

6. Can I check how my precious metals are performing?

You can do so by checking your account online or examining the statements they provide every quarter.

7. What is the process for withdrawing from my gold IRA?

Whenever the need arises, you can take a full or partial distribution from your gold IRA by physically taking the metals or having Augusta wire you money. Note that if you withdraw early, you’ll be imposed with taxes and penalties.


To avoid this, you need to take the Required Minimum Distributions (RMDs) when you turn 70 ½ years old. To know more, it is recommended that you speak with a tax professional.

Augusta Precious Metals Final Review

To answer the question, “Is Augusta Precious Metals legit?” We have examined their products and services, processes of transactions, reviews and ratings, and more, and the verdict is YES!

Its commitment to integrity, competence, and continuous education makes it a reliable gold IRA company that will help bring your investments to the next level.

But please note that the company only offers gold and silver. If you want a more diverse selection of precious metals, Augusta must catch up on that area. Nevertheless, it is a solid company that deals with customers seriously with no gimmicks.

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.

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