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Augusta Precious Metals Reviews

Ideal for investors with retirement savings of $100K+

Last updated: Oct 19, 2026

9/10Our score - our rating
Gold IRA Planet Editorial Team, Editorial team

Edited by Gold IRA Planet Editorial Team

Fact-checks this site’s content · How we review

Visit Augusta Precious Metals

Some companies on this page pay us when you request a kit or open an account through our links. This can affect which companies we list and where, but not the facts we publish (our disclosure). Not financial advice.

Since 2012
A+ BBB (reported)
$50k minimum

The bottom line

Augusta is a strong choice for larger accounts, especially if you want patient education and personal service for years to come. Its ratings are excellent on paper, and online rumors about lawsuits did not match any court record we could find.

The trade-offs are a $50,000 minimum, fees you have to ask for and markups that are not spelled out in the sources we reviewed. Our editors recommend it for savers with $100,000 or more, but compare its quoted spread with at least one other company before you sign.

Augusta Precious Metals has sold gold and silver IRAs since about 2012 and is best known for investor education, including a free one-on-one web conference before you buy. The company advertises personalized service from start to finish and says it is ideal for retirement savings of $100,000 or more.

It also advertises a "Most Transparent Pricing" rating from Investopedia, an A+ BBB rating and 5,000+ 5-star reviews. Its $50,000 minimum is one of the highest in the industry, so it is aimed at people moving a sizable 401(k) or IRA.

Is Augusta Precious Metals legit?

Augusta Precious Metals is a real, operating precious metals dealer founded around 2012. It reports BBB A+ and BCA AAA ratings and is known for its education-first approach. Its minimum is high (about $50,000), and it does not offer a written buyback guarantee, though it reportedly buys back in practice.

  • Founded around 2012 (reported)
  • BBB A+ and BCA AAA ratings (reported)
  • Education sessions before you invest
  • Rated 4.8/5 across 376 Trustpilot reviews

“Legitimate” here means a real, operating precious metals dealer - not a recommendation or a guarantee of value. Metal prices can fall. Always confirm current fees, minimums and the markup on your metals in writing.

Key Features

  • $50,000 minimum; pitched at savings of $100,000+
  • Free one-on-one educational web conference
  • Personalized service and "lifetime account support" (company claim)
  • Equity Trust as custodian (reported)
  • Storage at the Delaware Depository (reported)
  • A+ BBB and AAA BCA ratings (reported)

Products & Services

  • gold IRAs
  • silver IRAs
  • rollovers from 401(k), 403(b), TSP and other IRAs
  • direct (cash) purchases of gold and silver

Fees & Minimums

Setup fee

one-time

One-time account setup (sources vary up to ~$275)

~$50

Yearly fees

annual

Custodian admin + depository storage

~$225-$275/yr

Minimum

Minimum to open a gold IRA

$50,000

Approximate only - sources conflict. Yahoo Finance reports a $275 application fee plus about $225 a year for non-segregated storage or $275 a year for segregated storage.

A paid press release instead lists a $50 setup fee, $125 a year for the custodian and $100-$150 a year for storage. Either way, yearly costs land in the usual $225-$275 range.

Augusta advertises transparent pricing, but the third-party sources we reviewed did not find its markups on coins and bars published, and that spread is usually the largest cost. Fortune reports that Augusta buys metal back at about 5% below its selling price, with no written buyback guarantee.

Get the fee schedule and the spread in writing before you fund the account.

How Augusta Precious Metals Works

  1. 1
    Step 1

    Call or request the free kit

    Speak with an agent and book the optional one-on-one web conference.

  2. 2
    Step 2

    Open a self-directed IRA

    Augusta helps you open the account with its custodian, reported to be Equity Trust.

  3. 3
    Step 3

    Fund the account

    Move money with a direct trustee-to-trustee transfer or rollover, which avoids taxes and the 20% 401(k) withholding.

  4. 4
    Step 4

    Choose your metals

    Pick IRA-eligible coins or bars; they ship to the depository, not to your home.

Pros

  • Strong focus on education before you buy
  • Personal service with one long-term point of contact
  • High reported BBB, BCA and Trustpilot ratings
  • Reported buyback about 5% below its selling price

Cons

  • $50,000 minimum is too high for many savers
  • Fees are not published and sources disagree on them
  • Per-product markups are not shown in the sources we reviewed
  • No written buyback guarantee

Interested in Augusta Precious Metals?

Ask for current fees, minimums and the markup on your metals in writing. We may be paid if you request a kit or open an account through this link.

Visit Augusta Precious Metals

Who It's Best For

  • Savers moving $100,000 or more from a 401(k) or IRA
  • First-time buyers who want to learn before committing
  • People who value a single, long-term point of contact
Augusta Precious Metals logo

Augusta Precious Metals reviews on

Trustpilot
(376 reviews)
Oct 14, 2026

My great experience with Autusta Precious Metals

“I've dealt with other precious metals companies but Augusta Precious Metals, by far, exceeds all expectations. They take the time to explain all aspects of the purchasing procedure.”

A

Al Norton

US

Oct 14, 2026

Interaction with Staff at Augusta Precious Metals

“The Augusta staff I interacted with were knowledgable and professional. No one exerted hard-sell tactics or other pressure in an attempt to get me to move forward with any purchase transaction with Augusta. Instead, they provided valuable educational information about purchasing and owning precious metals designed to support me in making my own decisions. They also welcomed my questions and answered all of them clearly and completely, making the overall process seemless.”

Z

Z.

US

Oct 12, 2026

Augusta responds quickly and conducts...

“Augusta responds quickly and conducts business in a very professional way. My experience doing business with them has been excellent.”

P

Paul Dawes

US

Oct 9, 2026

The experience with Alan was good

“The experience with Alan was good. He explained the process concisely and I understood what to expect when the lady called to confirm my needs and what steps to take to complete the transaction.”

F

Fred Rogge

US

Oct 8, 2026

Augusta Precious Metals employees are...

“Augusta Precious Metals employees are always knowledgeable and very helpful”

S

Sara Kruer

US

Sep 28, 2026

Augusta Metals sets the standard

“I am new to opening a precious metals self directed IRA , but like most I was researching numerous metal companies out there and becoming more and more confused. The one thing that I noticed was that Augusta was almost always ranked or mentioned as the #1 in the industry. When I reached out to Augusta I could see why they are held in such high regard, and they are true to their business plan of wanting to educate a client before moving forward. If you call Augusta you will not regret it , you will rest easy and feel self assured that you made a great decision in your financial situation.”

B

Bill

US

Sep 27, 2026

Augusta Metals - Great Company for Coin Buyback

“Augusta Metals made buying back my gold and silver coins a very straightforward process. The team was extremely helpful and answered all questions I had. Once the process started, it took less than 10 days to receive a check. I would definitely recommend them if you need to sell your coins.”

P

Pete A

US

Sep 25, 2026

AMP help me all the way

“AMP help me all the way as this was the first time setting up a Metal IRA. They answered all of my questions and provided excellent training. Plus they stayed in contact throughout the entire process.”

J

James Seibert

US

Sep 15, 2026

My transaction was completed timely and...

“My transaction was completed timely and effeciently.”

D

Dennis Stone

US

Sep 15, 2026

The education before engaging is top...

“The education before engaging is top notch. I really learned a lot before deciding my purchases. There was absolutely no pressure to make purchases. The company made sure I was totally comfortable before switching me to the order desk, which itself was also a learning experience. Well done.”

J

Jack W

HK

Sep 9, 2026

Great experience with Augusta Precious Metals

“Great experience. Super easy. Zoom call is great. I get to see the prices for bid, ask, melt, with totals and get screenshots which makes the verification call even easier.”

T

Teddy Vaughan

US

Sep 1, 2026

No pressure presentation.

“Augusta precious metals, very professionally, presents logical information on why precious metals should be part of one’s investment portfolio. Never any pressure to invest. Very comfortable company to work with. Erika was especially easy to work with.”

E

Eric Peters

US

Aug 26, 2026

Great communication

“Great communication. All my emails and calls were promptly answered. I had a high level of confidence in my dealings with them. I felt they treated me like a valued client, not just another customer.”

J

Joe Schlenk

US

Aug 26, 2026

Very Professional

“They are very professional and very thorough. And also very patient. Some of these transactions can get fairly complex. Mr. Tedder is very knowledgeable and takes the time to meticulously explain things so that even an amateur like myself can understand the transactions involved. He's a true professional. I recommend him highly.”

J

John Ryan

US

Final Verdict

Augusta is a strong choice for larger accounts, especially if you want patient education and personal service for years to come. Its ratings are excellent on paper, and online rumors about lawsuits did not match any court record we could find.

The trade-offs are a $50,000 minimum, fees you have to ask for and markups that are not spelled out in the sources we reviewed. Our editors recommend it for savers with $100,000 or more, but compare its quoted spread with at least one other company before you sign.

Visit Augusta Precious Metals

Augusta Precious Metals Review: FAQs

Is Augusta Precious Metals legit?

Augusta Precious Metals is a real, operating precious metals dealer founded around 2012. It reports BBB A+ and BCA AAA ratings and is known for its education-first approach. Its minimum is high (about $50,000), and it does not offer a written buyback guarantee, though it reportedly buys back in practice.

What are Augusta Precious Metals's fees?

Approximate only - sources conflict. Yahoo Finance reports a $275 application fee plus about $225 a year for non-segregated storage or $275 a year for segregated storage. A paid press release instead lists a $50 setup fee, $125 a year for the custodian and $100-$150 a year for storage. Either way, yearly costs land in the usual $225-$275 range. Augusta advertises transparent pricing, but the third-party sources we reviewed did not find its markups on coins and bars published, and that spread is usually the largest cost. Fortune reports that Augusta buys metal back at about 5% below its selling price, with no written buyback guarantee. Get the fee schedule and the spread in writing before you fund the account.

What does Augusta Precious Metals offer?

Augusta Precious Metals offers gold IRAs, silver IRAs, rollovers from 401(k), 403(b), TSP and other IRAs, direct (cash) purchases of gold and silver.

Who is Augusta Precious Metals best for?

Augusta Precious Metals is best for Savers moving $100,000 or more from a 401(k) or IRA; First-time buyers who want to learn before committing; People who value a single, long-term point of contact.

Is Augusta Precious Metals worth it?

Augusta is a strong choice for larger accounts, especially if you want patient education and personal service for years to come. Its ratings are excellent on paper, and online rumors about lawsuits did not match any court record we could find. The trade-offs are a $50,000 minimum, fees you have to ask for and markups that are not spelled out in the sources we reviewed. Our editors recommend it for savers with $100,000 or more, but compare its quoted spread with at least one other company before you sign.

Sources & methodology

We built this review of Augusta Precious Metals from the company's published information and third-party reviews of its fees and minimums, cross-checked against BBB and Trustpilot records and regulator and court records. Fee figures are approximate - sources often disagree, and we show ranges where they do. IRA rules come from the IRS and the tax code.

Company information

Minimums, setup and yearly fees, storage and buyback terms - the same fields for every company.

  • Augusta Precious Metals - fees, minimums & policies (approximate; confirm in writing)

Company data checked October 2026

Customer & community feedback

Third-party signals shown on this page and in our full reviews: Trustpilot ratings and BBB and BCA records, as captured on the dates we note. We report what these sources say - we never fold their ratings into our own scores.

Regulatory & public-record references

  1. 1.Retirement topics - IRA contribution limits - Internal Revenue Service
  2. 2.Publication 590-A: Contributions to Individual Retirement Arrangements (IRAs) - Internal Revenue Service
  3. 3.Publication 590-B: Distributions from Individual Retirement Arrangements (IRAs) - Internal Revenue Service
  4. 4.26 U.S. Code § 408 - Individual retirement accounts - Legal Information Institute, Cornell Law School
  5. 5.10 Things to Ask Before Buying Physical Gold, Silver, or Other Metals - Commodity Futures Trading Commission (CFTC)
  6. 6.CFTC, SEC and states charge Red Rock Secured in precious metals fraud - Commodity Futures Trading Commission (CFTC)
  7. 7.Investor Alert: Self-Directed IRAs and the Risk of Fraud - U.S. Securities and Exchange Commission (Investor.gov)
  8. 8.FTC's Endorsement Guides: What People Are Asking - Federal Trade Commission

Last reviewed October 2026. We revisit comparisons when companies change their fees or policies. This page is general information, not financial, tax or legal advice - always confirm current fees, minimums and the markup on your metals in writing before you invest.