With the rising popularity of precious metals investments, there has been a proliferation of companies claiming to offer the best products and services. Comparing the options available can be confusing — that’s why we’ve created this blog post! Here we compare Goldco vs Augusta Precious Metals, two of the biggest names in the business, looking at costs, delivery times, and customer reviews to determine if either one is a scam or if their claims are legitimate.
Read on for an in-depth analysis!
Goldco vs Augusta Precious Metals: Who Are They?
Who is Augusta Precious Metals?
Augusta Precious Metals is a leading option in the gold IRA industry thanks to its founder and CEO, Isaac Nuriani.
He’s no stranger to gold investments, having graduated with honours in economics from the University of California in Los Angeles.
He founded Augusta Precious Metals in 2012 and is dedicated to educating customers and providing a stress-free experience for them.
They give you the ability to sit in on their webinars before making any decisions.
Augusta Precious Metals team is backed by plenty of great reviews from platforms such as Facebook, Google Reviews, and TrustLink (earning an average 4.8 review rating).
What’s more – even legendary football player Joe Montana has given his seal of approval.
Augusta Precious Metals goes above and beyond with its services, offering zero gold IRA fees for up to 10 years!
Who is Goldco Precious Metals?
Goldco Precious Metals is a leading asset and wealth protection powerhouse in the US, providing unparalleled service since 2006.
It all began when Trevor Gerszt bought an already existing precious metal dealing business and renamed it Goldco Direct.
With their primary offering of rolling over your IRA, 401 (k), or 403 (b) to precious metals, they have further expanded their services to include other gold and silver purchase options.
Over the years, their superior service has earned them awards like:
- AAA rating by the Business Consumer Alliance,
- A+ rating by Better Business Bureau,
- recognition from LA Business Journal in 17th place for the fastest-growing companies, and
- 3rd on Inc. Magazine’s list of financial services companies ranked by growth
Goldco vs Augusta Precious Metals: Numbers & Stats
Augusta Precious Metals Stats
Better Business Bureau (BBB) Grade
A+Better Business Bureau (BBB) Complaints
0Business Consumer Alliance (BCA) Rating
AAABusiness Consumer Alliance (BCA) Complaints
0TrustLink
⭐⭐⭐⭐⭐ Based on 283 reviewsConsumer Affairs
⭐⭐⭐⭐⭐ 4.9 Ratings – Based on 36 ReviewsGoogle My Business
⭐⭐⭐⭐⭐ 4.9 Ratings – Based on 221 reviewsFacebook
⭐⭐⭐⭐⭐ 4.8 Ratings – Based on 76 reviews
Goldco Stats
Better Business Bureau (BBB) Grade
AAABetter Business Bureau (BBB) Complaints
13 complaints closed in the previous three yearsBusiness Consumer Alliance (BCA) Rating
A+Business Consumer Alliance (BCA) Complaints
21 in the last 3 yrs. All resolvedTrustLink
⭐⭐⭐⭐⭐ (4.9/5) Based on 255 reviewsConsumer Affairs
⭐⭐⭐⭐⭐ (4.8/5) Ratings – Based on 856 ReviewsGoogle My Business
⭐⭐⭐⭐⭐ 4.9 Ratings – Based on 905 reviewsTrustlink
⭐⭐⭐⭐⭐ (4.9/5) Based on 255 reviews
Goldco vs Augusta Precious Metals: Fees & Other Info.
Augusta Precious Metals Fees
Minimum Purchase Requirements
$50,000Setup Fee
$50Annual Custodian Maintenance Fee
$100Annual Storage Fee Structure
$100Total IRA Fees
$250 first year / $200 thereafterShipping Costs
FREE ShippingAny Additional Fees
–Available Metals
Gold and SilverCustodian
Equity Trust, Gold Star Trust Company, Kingdom TrustDepository
Delaware Depository Service CompanyBBB Grade
A+
Goldco Fees
Minimum Purchase Requirements
$20,000-$25,000 for IRA and $3,500 for Non IRAAccount Setup Fee
$50Annual Custodian Fees
–Annual Storage Fees
$310 first year / $230 thereafter for segregated storage facilities
$260 first year / $180 thereafter for non-segregated storage facilitiesTotal IRA Fees
–Shipping Costs
–Any Additional Gold IRA Fees
Annual fees are hiked by $50 for accounts with $100,000 or higher amountsAvailable Metals
Gold, silver, and other precious metalsCustodian
Various alternatives but the company suggests Sterling TrustDepository
Delaware DepositoryBBB Grade
A+
Goldco vs Augusta Precious Metals: Services
Augusta Precious Metals Services
1. Gold & Silver Purchases Through Cash
Augusta Precious Metals offer a great option to securely buy gold and silver without worrying about IRA regulations.
Their cash transfers and personalized buying plans make it easy and straightforward to purchase your metals quickly and confidentially.
With their discreet delivery service, you can rest assured that your items will arrive safely without anyone knowing what’s inside.
And, once acquired, you’re free to use your metal however you want– ideal for those needing a fast, efficient solution!
Augusta Precious Metals also offers the full package with helpful customer service, an insurance policy on all deliveries, and total privacy – an unbeatable combination for precious metal purchases.
2. Buy Gold Or Silver IRA
Investing in gold and silver is a smart way to create a secure retirement, and with Augusta Precious Metals Services, you can add them to your IRA account.
Not only do they offer precious metal coins, bars, and rounds delivered to your door, but they also give you the option of storing them securely in a third-party depository.
Plus if you have an existing IRA account from somewhere else, they have a gold IRA rollover service that makes transitioning over simple.
With Augusta Precious Metals Services you get the protection of reliable storage for your investment plus the peace of mind that comes with diversifying your retirement portfolio with physical metals.
3. Customer Service & Support
The customer service and support of Augusta Precious Metals Services are top-notch.
Not only is their live market price ticker always up-to-date, but they have a great library of videos, articles, and bulletins available for those who want to learn about gold and silver before becoming a customer, or even afterwards.
Moreover, once you become a customer you can rest assured that there will be one-on-one lifelong support from an assigned customer success agent.
So if you ever have any questions or concerns then you are able to easily reach someone from Augusta – no matter the time!
Plus, as a customer, you gain access to ongoing education, service, and an order desk so that nothing can stop you from succeeding.
4. Gold Buy-Back Program
Through their Gold Buy-Back Program, they provide the perfect solution for your unwanted gold; you will always have a buyer and you get competitive rates too.
Whether you’re taking on some extra cash or just cleaning out your closet from unnecessary pieces, Augusta Precious Metals Service helps give you peace of mind knowing that if you have unwanted gold, someone is there to turn it into money.
Goldco Services
1. Gold And Silver IRAs
Goldco Services is the perfect solution for investing in gold and silver for retirement.
Their primary service is their Gold and Silver IRAs, which offers customers to invest in gold and silver on either a tax-deferred or tax-free basis.
That’s not all–Goldco Services also provides authentic, IRA-approved coins of the highest quality and a buyback guarantee.
Customers can even choose to diversify their investments into platinum or palladium if they’d like!
Goldco Services understand that retirement should be secure, so they always stand by their products’ quality.
2. Buy Precious Metals Through Cash
Goldco Services is a leading provider of precious metals, offering customers the ability to buy gold, silver, and other valuable commodities through various conventional methods.
In addition to an IRA, investors have the option to purchase these items with cash, giving them additional flexibility and peace of mind.
Goldco Services provides an easy-to-use platform to find and buy the perfect asset mix in a secure environment; allowing customers to diversify their portfolio cheaply and fast.
The company’s experts provide helpful guidance with every step of the way so that customers can be sure they’re choosing investments that make sense for their individual situations.
With Goldco’s commitment to exceptional customer service at competitive prices, it’s no wonder they are becoming increasingly popular among those looking for reliable resources when it comes to buying precious metals.
3. Buyback Program
Goldco Services is dedicated to giving customers the best possible service when it comes to gold, silver and other precious metals.
They offer a Buyback guarantee Program that provides peace of mind for clients who are investing for the long term.
Goldco’s Buyback guarantee allows customers to sell their precious metal holdings back to them at market price, without fail, regardless of any changes in the marketplace.
This ensures that clients’ investments are secure no matter what happens in the future.
Clients can enjoy their investments knowing they have the security of Goldco’s guarantee backing them up.
4. Best For 401(k) Rollover
Their team of experienced specialists will work with you every step of the way, from opening new accounts to executing a quick and smooth 401(k) rollover.
They understand how overwhelming the process can feel, and their personalized approach takes away all the anxiety by ensuring that everything is taken care of in a timely and responsible manner.
Goldco Services is devoted to helping individuals maximize their retirement savings so that they can enjoy a secure financial future.
With them leading the way, you will be one step closer to achieving your long-term goals with peace of mind.
5. Self-Storage Precious Metal IRAs Options
With Goldco’s precious metal IRAs, investors have the opportunity to invest in one of the world’s oldest and most reliable sources of value.
Storing physical gold has traditionally been a safe option for retirement planning and creating wealth over time.
With these Self-Storage IRAs, not only can you increase your savings significantly but also enjoy security and peace of mind knowing that your precious metal assets are safe from harm.
Goldco makes it easy to open and manage these IRAs with their online platform and personalized customer service team available 24/7.
Goldco vs Augusta Precious Metals: Custodians
Augusta Precious Metals IRA Custodian
Augusta Precious Metals IRA makes sure that all of its customers have access to reliable and trustworthy custodians:
- Equity Trust,
- Gold Star Trust Company, and
- Kingdom Trust
These custodians provide custodial services for precious metals IRAs.
All three are fully compliant with the IRS regulations and are committed to providing the highest level of customer service along with complete transparency in the management of precious metals IRA accounts.
Goldco Custodian
To ensure maximum security and transparency, Goldco has decided to suggest Sterling Trust as one of their premier custodial alternatives.
You can also go with your preferred choice too.
Goldco vs Augusta Precious Metals: How To Invest With Them
How To Invest With Augusta Precious Metals?
- Step 1: Schedule a 1-to-1 web conference
- Step 2: Fill Out a Form to open a new IRA Account
- Step 3: Fund your account
- Step 4: Start buying gold and silver
How To Invest With Goldco?
- Step 1: Open your IRA account
- Step 2: Fund your IRA
- Step 3: Purchase precious metals
Goldco vs Augusta Precious Metals: USP
What Makes Augusta Precious Metals Different From Other Gold IRA Companies?
What sets Augusta Precious Metals apart from other gold IRA companies is their commitment to providing customers with the highest quality service available.
They have 0 complaints on record and have earned the highest ratings from the Better Business Bureau, Business Consumer Alliance, and online reviews.
Additionally, they offer several depositories to store your precious metals in, so you can choose the one that best suits your needs.
What Makes Goldco Different From Other Gold IRA Companies?
What sets Goldco apart from other gold IRA companies is its commitment to providing excellent customer service and personalized attention to each individual client.
They are dedicated to helping retirement savers diversify their savings with gold and silver, and they have established relationships with several of the industry’s most respected custodians and depository institutions.
Goldco vs Augusta Precious Metals: Pros & Cons
Augusta Precious Metals Pros And Cons
Pros
- Full fees transparency
- Accepts cash and physical purchases
- A+ BBB Rating & 1000s of 5-star rankings
- High ratings & reviews
- Account lifetime service
- Zero Augusta Precious Metals Scam Reported
- Affordable
Cons
- $50,000 investment minimum
- No platinum or palladium options
- A ton of study material
Goldco Pros And Cons
Pros
- Multiple brand endorsements from popular figures
- Updated news and articles to keep you informed
- A+ BBB rating
- Multiple positive reviews from Trustlink and Trustpilot
- Certified gold coins and bars
Cons
- Pricing unavailable on site
FAQs On Goldco vs Augusta Precious Metals
Is Goldco A Reputable Company?
Yes, Goldco is a reputable company.
It is a well-established, industry-leading precious metals firm that has been providing its customers with gold, silver, and other precious metals products since.
The company is committed to offering its clients the highest quality service possible.
It’s an accredited business with the Better Business Bureau and is rated “A+” for customer satisfaction.
The company also maintains an excellent rating from Trustpilot, where it has consistently earned a 5-star rating from customers who have had positive experiences with them.
Goldco also adheres to regulations set forth by the Commodity Futures Trading Commission (CFTC), which assures customers of safe and secure investments.
In summary, Goldco is a reliable, reputable company with whom you can confidently invest in precious metals products.
Which Gold IRA Company Is Best?
Augusta Precious Metals is the best gold IRA company for retirement savers looking to diversify their savings.
With Augusta, customers can rest assured that their investments are secure and protected.
The company offers specialized attention at every step of the process, from setting up an account to selecting a depository to store your metals.
Augusta Precious Metals also provides its customers with competitive prices on gold and silver, allowing them to maximize their return on investment.
Additionally, they offer several depositories to choose from, ensuring that your metals are stored in a safe and reliable location.
The company has earned many positive reviews over the years due to its outstanding customer service and commitment to helping clients achieve their financial goals.
Whether you’re looking for a long-term investment or just want to diversify your retirement portfolio with physical precious metals, Augusta Precious Metals is the best choice for you.
What Is The Best Precious Metal To Buy Right Now?
The best precious metal to buy right now depends on several factors, including your investment goals, risk tolerance, and budget.
Generally speaking, gold is the most popular metal for investors because it tends to hold its value better than other metals, making it a more reliable long-term investment.
Silver is also an attractive option for those with smaller budgets.
It has historically been easier to get into, as silver coins and bars tend to be cheaper than similar amounts of gold.
Silver is seen as a great hedge against inflation and economic downturns due to its lower price point and strong historical performance.
Platinum and palladium are both much rarer than gold or silver, making them suitable for investors who want exposure to precious metals but don’t want to invest in a large amount of gold or silver at once.
Both of these metals have performed well over the past few years and are expected to continue doing so in the future.
What Is The Safest Precious Metal To Invest In?
Gold is the safest precious metal to invest in simple words.
Gold has been used as a store of value for centuries and is highly liquid, meaning it can be easily converted into cash.
It also has a low correlation with other asset classes such as stocks and bonds, making it an ideal safe haven asset during times of gold and silver market volatility.
Additionally, gold prices tend to increase in times of economic uncertainty due to its perceived value as a safe investment option.
When investing in gold, it’s important to consider the form you choose – whether gold coins or bars – as well as the purity level (measured in karats).
Coins tend to be more expensive than bars but offer greater liquidity since they are easier to trade and transport.
The higher the karat rating of your gold investment, the purer it is – and therefore more valuable – but also more expensive.
Overall, gold is the safest precious metal to invest in due to its long-standing history as a store of value and its ability to protect against inflationary pressures and market volatility.
Investing in gold can help you achieve financial security while still allowing you room for growth over time.
What Investment Is Better Than Gold?
Investing in gold is a popular option for many investors, but there are other investments that may be even better than gold.
While gold has historically been a reliable store of value, it can also be volatile and subject to market fluctuations.
Other investments such as stocks, bonds, and real estate can provide more consistent returns over the long term.
Stocks are one of the most popular investments and offer the potential for long-term growth.
When you buy stocks, you become part owner of the company and benefit from any increase in its value.
Bonds are another type of investment that provide regular income streams through interest payments.
Real estate is also an attractive option for investors looking for long-term growth potential and cash flow from rental income.
Conclusion
If you are looking for a precious metals company to invest in for the long term, Augusta Precious Metals is the best option.
They have been in business for over 10+ years and have an A+ rating with the Better Business Bureau.
Goldco may offer lower prices, but they are not as transparent about their fees and have received numerous complaints from customers.
When it comes to your hard-earned money, you want to make sure you are working with a reputable company that has your best interests at heart.
Investing in Augusta Precious Metals will give you peace of mind knowing that you are working with a leader in the industry.