Skip to main content

Is Augusta Precious Metals A Scam

Augusta Precious Metals is a service provider of gold IRA services designed to assist individuals in protecting and diversifying their retirement savings with precious metals, such as silver and gold. Founded in 2012 by the CEO Isaac Nuriani, the company has established a reputation as an experienced provider of gold IRA investments.

One of the distinctive features that distinguish Augusta Precious Metals is their Lifetime Client Support program which makes sure that clients have access to market experts and precious metal specialists during their entire investment process. This helps customers deal with any issues that might arise.

The company provides a variety of specialty products, including The Augusta Gold IRA and Augusta Silver IRA. This Gold IRA is a self-directed IRA that permits investment in physical gold, whereas the Silver IRA allows for investment in silver bullion that is physically fabricated. Both options include a wide selection of IRS-approved coins and bullion bars for investment and clients can choose to store their precious metals at an area that is close for access.

The process of establishing an account with Augusta Precious Metals is simple it involves filling out an online form to establish an IRA, rolling over funds from a 401k or another retirement plan to your gold IRA account, and purchasing gold or silver for the IRA. It is crucial to remember that the minimum amount to invest in an investment in gold or silver IRA as well as a non-IRA account is $50,000, as well as various fees and account requirements which include a $50 charge to establish the account, $250 in maintenance fees for the first year, and $100 in storage charges for assets that are kept in the depository of the company.

In the end, Augusta Precious Metals is an established company that offers precious metals investment options, particularly gold and silver. It offers a range of services, outstanding customer support, and an excellent track record in performance. However, it is important for prospective investors to be aware of fees and account requirements in addition to the minimum investment of $50 before opening an account.