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Are you on the hunt for the best precious metals company? Would you like to purchase some gold and silver coins or bars either as a collector or investor? Or, maybe you've been looking at diversifying your investment portfolio by setting up a Precious Metals IRA or rolling over an existing retirement account into an IRA.
If you answered yes to any of these questions, then Augusta Precious Metals is a company you'll definitely want to look into. They are a trusted name in the gold investment industry and offer a range of services for individuals looking to make a personal investment as well as those looking to set up a Precious Metals IRA to prepare for retirement.
In the next few sections, we'll share more about Augusta Precious Metals including a bit of the company's history, the different investment options they offer, and the range of coins and bars that are available for investors to choose from.
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About Augusta Precious Metals
As you learn more about Augusta Precious Metals, it should become pretty clear that they are a well-established company that you can feel comfortable doing business with. The company was first started in 2012 with the goal of helping their clients set themselves up for a comfortable future and retirement through investing in precious metals.
Augusta Precious Metals has earned tons of positive reviews from past clients. You can look at review sites, such as Google and Facebook, to see some of these glowing reviews and the positive things clients have said about Augusta Precious Metals.
However, you don't have to solely rely on the reviews from past clients to know that Augusta Precious Metals is a reputable company. They also have earned high ratings from business review companies. The Better Business Bureau awarded Augusta Precious Metals their highest rating of an A+ and the Business Consumer Alliance gave them a Triple A rating, their highest rating.
On their website, Augusta Precious Metals outlines seven points that they believe make them stand out from other companies, making them a top choice for individuals looking to invest in precious metals. These include:
Why Invest in Gold and Silver with Augusta Precious Metals?
The better question really is why NOT invest in gold and silver with Augusta Precious Metals. There are a plethora of reasons why investing in gold and silver is a smart financial move.
First, when you hold some of your investments in gold and silver, rather than all in the stock market, you are diversifying your portfolio. This offers you protection against stock market volatility and ensures your wealth won't all be affected by a huge market drop.
Gold and silver have proved to be a solid investment over the years. They are highly coveted all around the world and continue to rise in value due to the demand for these metals. Gold and silver are used for many things including making jewelry, decorative items, housewares, and even technological advancements. Between the high demand and how much they are used for different things, you can feel confident that the gold and silver you purchase now will hold its value.
Also, because of this high demand, gold and silver are both very easy to liquidate. Once you're ready to get cash for your investment, it should not be difficult at all to find a buyer for your metals.
Setting up a Gold or Silver IRA
One of the most popular services offered by Augusta Precious Metals is setting up Gold and Silver IRAs. Gold and Silver IRAs are forms of a Self-Directed IRA where individuals are able to hold physical gold and silver pieces in their retirement account rather than just stocks and bonds. They are an ideal way to diversify your investment portfolio. Plus, with a Gold or Silver IRA, commonly referred to as a Precious Metals IRA, you can also take advantage of many of the tax benefits associated with opening an IRA.
If you think you're interested in setting up a new Precious Metals IRA, the team at Augusta Precious Metals will make the whole process as easy as can be. They'll help you make sure all the paper work is properly filled out and submitted and assist you in setting up the transfer of the funds for your account. Once the money has been transferred, you can tell your representative which coins and bars you would like to add to your account.
If this is your first real experience investing in precious metals, you may not be sure which coins or bars you'd like to add to your account. If this is the case, your precious metals advisor can also work with you to offer recommendations and additional information to help you decide the exact mix of gold and silver coins and bars you will want to add to your account.
Keep in mind that before the age of 50, you can contribute up to $6,000 to your account each year. Once you turn 50, the maximum yearly contributions increase to $7,000. If you have a separate IRA account with stocks and bonds in it, keep in mind that these are the total maximum yearly contributions across all accounts and avoid investing more than this amount to prevent being charged any fees.
IRA Rollovers and Transfers
Another option to consider is rolling over or transferring an existing retirement account into a Precious Metals IRA through Augusta Precious Metals. The rules for which types of retirement accounts can be rolled over or transferred can be a bit difficult to understand, so if you are unsure if you are eligible for a transfer, reach out to Augusta Precious Metals, and they can help you.
If eligible, they can connect with a qualified IRA custodian company, such as Equity Trust and GoldStar Trust, to oversee the transfer and make sure funds are moved according to IRS regulations. Once your funds arrive at Augusta Precious Metals, you can select the gold and silver coins you'd like to invest in.
Gold and Silver Coins for IRAs
While there may be certain gold or silver coins you have your eye on, you may or may not be able to hold them in a Precious Metals IRA. The tax code from the IRS sets specific regulations regarding the types of precious metals and purity levels for coins to be held in an IRA.
Gold coins and gold bars must have a purity level of 99.5%. The American Eagle Gold Coin is the only coin that is not at least 99.5% pure that is allowed in a Precious Metals IRA. Silver coins or bars must have a minimum purity level of 99.9%
Below are the IRA-approved gold and silver coins that you'll be able to add to a Precious Metals IRA with Augusta Precious Metals:
IRA Precious Metals Storage
IRS regulations prohibit individuals from keeping the precious metals for a Precious Metals IRA in their own possession. There are very few exceptions to this rule, and keeping your precious metals in your own possession can result in heavy fees and penalties. Rather, the IRS mandates that precious metals be held in an IRS-approved depository until investors reach retirement age and are eligible to begin accessing their metals.
Fortunately, there are a large number of IRS-approved depositories located in the United States. Each of these depositories is highly secure and insured to keep your metals safe and ready for your retirement. Some of the locations of these IRS-approved facilities include:
Augusta Precious Metals will securely ship your precious metals to the depository you choose. Everything will be fully insured during shipment and upon receipt at the depository, so you won't need to worry at all during the process.
Additional Opportunities for Investors
Adding precious metals to an IRA is one way to diversify your portfolio, but it is not the only way. You can also always purchase gold or silver coins outside of a retirement account. Augusta Precious Metals can also help you with this.
When you purchase gold or silver coins for a personal investment, you are restricted by any of the IRS regulations associated with Precious Metals IRAs. This means you can store your coins wherever you'd like. You'll also enjoy a greater selection of coins since the same purity standards don't apply.
If you're interested in learning more about the investment opportunities available through Augusta Precious Metals, don't hesitate to reach out to a member of the team. You'll find that they offer a much greater selection of non-IRA coins to choose from, however you can also purchase any of the IRA-approved coins as well.
Below are some of the various gold and silver bullion and coins available to purchase through Augusta Precious Metals.
Common Gold Bullion
Premium Gold
Common Silver Bullion
Premium Silver
Shipping and Insurance
When you place an order through Augusta Precious Metals, you won't be charged shipping. All orders ship for free and also include free insurance for transit. The included insurance should give you peace of mind knowing your precious metals will arrive to your door as promised, and if anything should happen to them during transit, Augusta Precious Metals will purchase replacements for you.
Augusta Precious Metals also works to ship orders out as quickly as possible to make sure your precious metals are delivered to your door step shortly after you place your order. When items are shipped, they are packaged in an unmarked box to ensure no one, not even the driver, knows what is being delivered to your home.
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Final Verdict
Augusta Precious Metals is one of the top precious metals companies. Their investment advisors are experienced and ready to help you take the next step to set up a Precious Metals IRA, rollover an existing retirement account into an IRA, or purchase gold or silver coins and bars for a personal investment. Why wait any longer? Start preparing yourself for a successful future now and visit Augusta Precious Metals' website!