[email protected]

We are reader-supported. If you buy through links on our site, we may earn a commission. Learn more.
Wait! Don't forget your FREE 2023 Gold IRA Guide

Thank you for visiting our Augusta Precious Metals vs Goldco review. Augusta and Goldco are two prominent players in the precious metals and Gold IRA industry, and both have established excellent reputations.

 However, the question remains: which of these precious metals companies is best? 

Therefore, to help with your decision-making process, we’ve reviewed both companies and compared them in terms of customer reviews, BBB ratings, product selection, Gold IRA options and fees, investment minimums, and more.

So, let’s begin with a brief overview:

Goldco vs Augusta Precious Metals: Which Company Is Best?


Tax-Beneficial IRA Investment

Old Gold Coin: Gold Double Eagle

Gold IRA investments provide tax advantages and market stability for retirement accounts, making them an attractive option for savvy investors.

Throughout generations, investing in precious metals in the forms of coins, bars, and bullion has been a reliable strategy for wealth preservation, particularly during times of economic uncertainty.

In the present financial climate, gold and other precious metals continue to serve as resilient assets that can safeguard your retirement savings.

Therefore, by incorporating gold into your retirement portfolio, you can diversify and strengthen your investments, thereby ensuring a secure financial future.

Selecting the best Gold IRA company is crucial to capitalize on these benefits. Also, these specialized firms offer expert guidance on acquiring and safeguarding your gold investments, ensuring their long-term security and viability.

However, it is important to consult a financial advisor before transitioning from a traditional IRA to fully comprehend the advantages and risks associated with Gold IRA accounts.

Next, let’s examine two leading companies in the precious metals and Gold IRA industry to determine which is the best choice: Augusta Precious Metals and Goldco.

Augusta Precious Metals Vs Goldco – Years In Business

Both Augusta Precious Metals and Goldco have established themselves in the industry for over ten years, assisting numerous individuals in diversifying, expanding, and safeguarding their wealth by acquiring physical metals like gold, silver, platinum, and palladium.

Further, both companies provide services for Precious Metals IRAs, commonly known as Gold IRAs, and facilitate direct purchases of gold and silver coins and bars.


Isaac Nuriani, CEO of Augusta Precious Metals

Augusta Precious Metals was started in 2012 by founder and CEO Isaac Nuriani and is headquartered in Casper, Wyoming.

Augusta Precious Metals

Trevor Gertz, CEO at Goldco

Goldco is run by Trevor Gerszt and has its headquarters in Calabasas, California.

Best Overall Gold IRA Company: Goldco

So, both precious metals companies have been in business for roughly the same amount of time, plus or minus a few years.

Moreover, both have plenty of experience assisting Americans with their precious metals investments and IRA accounts.

Augusta Precious Metals Vs Goldco – BBB Ratings & Reviews

Both companies excel in customer reviews on reputable watchdog sites such as the Better Business Bureau, Business Consumer Alliance, Trustpilot, TrustLink, and Consumer Affairs.

Additionally, both Augusta and Goldco boast an impressive A+ BBB Rating and AAA BCA Rating, demonstrating their commendable performance as contenders. However, the quantity of customer reviews differs across these platforms.

For example, Augusta has a 4.95/5 star rating based on 121 customer reviews.

Augusta Precious Metals A + BBB Rating

On the other hand, Goldco has collected 646 customer reviews with an average rating of 4.83/5 stars.

Goldco A+ BBB Rating and Customer Reviews

And in contrast, Goldco generally garners a higher frequency of reviews, boasting thousands of reviews on popular watchdog sites, whereas Augusta’s review count remains in the hundreds. Most likely, this discrepancy suggests that Goldco either conducts more business or has a more effective review collection system in place.

Further, this disparity may also be influenced by the variation in investment minimums for Gold IRAs and regular cash purchases. Specifically, Augusta imposes a higher investment minimum of $50K, whereas Goldco sets it at $25K for Gold IRAs and $3.5K for cash sales.

Naturally, there is a larger pool of individuals with retirement savings falling within the $25K+ range as opposed to the $50K+ range. However, Augusta does not conceal that their target audience is primarily affluent investors.

Goldco Consumer Affairs Reviews

To illustrate this further, Goldco has gathered 1670 customer reviews on Consumer Affairs, while Augusta Precious Metals has collected 133 reviews.

Augusta Precious Metals Consumer Affairs Reviews

Nevertheless, despite the difference in review count, customers appear to be equally satisfied with both precious metals dealers.

Augusta Customer Reviews

Augusta Precious Metals Customer Reviews

Goldco Customer Reviews

Goldco Verified Customer Review May 2023

Goldco Verified Customer Review May 2023  

So, as you can see, the reviews confirm that both companies exhibit professional behavior and abide by their no-pressure sales and educational approach, which we appreciate.

Augusta Precious Metals Vs Goldco – Products & Services

Next, we compare Augusta Precious Metals vs Goldco’s product offerings.

Gold IRA/Precious Metals IRA

Both Augusta and Goldco offer Gold IRAs and provide the option to roll over or transfer portions of your 401(k), TSP, SIMPLE, SEP-IRA, or similar retirement account into a Precious Metals IRA.

Yet Augusta Precious Metals stands out by offering an educational one-and-one webinar featuring Devlyn Steele, a Harvard-trained economist.

In particular, beginner investors appreciate this valuable addition. Specifically, the webinar provides insights into diversifying your portfolio and investing strategically for long-term gains.

As a seasoned and reputable Gold IRA investment company, Goldco goes the extra mile to cater to its customer’s needs and desires. Thus, it serves as a comprehensive solution for all your precious metals investment requirements. Moreover, Goldco ranks among the top investment companies in today’s market, with a wide range of options and exceptional services.

Therefore, it’s safe to say that considering either of these companies is a wise choice if you are serious about investing in precious metals and building a robust retirement portfolio. And they possess the expertise, experience, and resources necessary to help you succeed and are committed to assisting you in achieving your financial aspirations.

Next, let’s delve into a closer examination of their Gold IRA rollover and transfer processes.

Gold IRA Rollover & Transfer

Augusta and Goldco make it easy to roll over funds from various retirement accounts into a Gold IRA, Silver IRA, or Precious Metals IRA, including:

  • Traditional IRA
  • Roth IRA
  • Roth 401(k)
  • Roth 457(b)
  • 401(k)
  • 403(b)
  • And TSP

Both companies excel in making the Gold IRA rollover or transfer process seamless and hassle-free, providing comprehensive support from beginning to end.

This is a standout feature for both companies, as they prioritize ensuring their customers feel informed and at ease throughout the entire Gold IRA setup process.

In this way, Goldco and Augusta go above and beyond to deliver an educational and comfortable customer experience.

This is the Gold IRA setup process in short:

Sign Your Agreement

Fund Your Account

Select Your Precious Metals

In total, the whole process is easy and takes about 10 days from start to finish!

To learn more about adding precious metals to your IRA, request one of the free guides below from your choice of Gold IRA company. Please note, when requesting these guides, you’ll also get a call from a Precious Metals Specialist within 15 minutes or so that can answer all your questions.

>>Augusta Precious Metals Free Gold IRA Guide

Get A Free Gold Coin And Gold IRA Guide: Augusta Precious Metals

>>>Goldco Free Gold IRA Guide

Goldco Free 2023 Gold IRA Guide

Regular Precious Metals Purchases

When purchasing precious metals, knowing their origins and the sellers is crucial. Fortunately, both companies ensure their coins and bars are sourced from reputable refineries worldwide.

Overall, Augusta and Goldco offer diverse options for buying gold and silver coins, bars, and platinum and palladium. Moreover, their collections include an extensive selection of bullion and premium coins and bars.

Below are examples of popular gold coins and silver coins available for both IRA and non-IRA purchases from these companies:

  • How To Invest In Gold - gold coins, gold bullionAmerican Eagles Gold or Silver Coins
  • Gold or Silver American Eagles (Proof Coins)
  • American Buffalos Gold or Silver Coins
  • And Gold or Silver Canadian Maple Leafs Coins
    • Australian Striped Marlin Coins

How To Invest In Gold - silver coins, silver bullion

  • Gold or Silver Austrian Philharmonics Coins
  • American Silver Eagles Coins
  • And Gold or Silver Bullion Bars

So, to summarize this section of our Augusta Precious Metals vs. Goldco review, you can be confident that you will receive only high-quality bullion products.

And although both companies cater to individuals interested in Gold IRA investments, you are not obligated to commit solely to that option.

Additionally, they are pleased to provide shipping services for their products, similar to any other reputable precious metals dealer.

Also, beyond the selection of products just mentioned, they also offer a range of options for gold and silver coins and bars. You can contact them directly or request their Free Gold IRA Guides to explore these options.

>>Augusta Precious Metals Free Gold IRA Guide

Get A Free Gold Coin And Gold IRA Guide: Augusta Precious Metals

>>>Goldco Free Gold IRA Guide

Goldco Free 2023 Gold IRA Guide

Buy-Back Policy

Both companies provide a buy-back program for when you decide to sell your precious metals.

However, the key distinction lies in Goldco’s “Highest Buy-Back Guarantee,” ensuring that they will repurchase your metals at a significantly better price than other coin dealers.

Overall, this feature is a valuable safety net, particularly when dealing with substantial purchases.

Fees & Pricing Comparison

Now, if you have read this far in our review, you’re likely wondering about the fees and pricing, so here’s a quick comparison of Augusta Precious Metals’ and Goldco’s annual fees.

Augusta Precious Metals Fees

  • $50 setup fee (waived by Augusta)
  • An $80 annual custodian fee (covered by Augusta for up to 10 years for qualifying accounts)
  • $100 annual storage fee for non-segregated storage and $150 for segregated storage (covered by Augusta for up to 10 years for qualifying accounts)
  • $50,000 minimum purchase requirement IRA
  • A $50,000 minimum purchase requirement for regular purchases
  • Also, do note that the cost of precious metals fluctuates with the market value

>>> Learn more about Augusta Precious Metals Fees

Goldco Fees

  • $80 annual custodian fee
  • A $100 yearly maintenance fee
  • $100 for non-segregated storage and $150 for segregated storage
  • A $25,000 minimum purchase requirement IRA
  • $3,500 minimum purchase requirement for regular purchases
  • Plus, the cost of precious metals fluctuates with the market value

>>> Learn more about Goldco’s fees

Augusta Precious Metals Vs Goldco – Promotions

If you’re considering buying precious metals from either of these companies, we refer you to explore each dealer’s current promotions.

Augusta Precious Metals Promotions

Goldco Promotions

  • Goldco offers up to 10% of your order in FREE silver. If you purchase metals for $100,000, you get $10,000 in FREE silver!
  • Also, Goldco offers the highest buy-back guarantee on the market
  • And a FREE Gold IRA Guide where you can learn more about adding gold and silver or other metals to your IRA

Both companies offer attractive promotions to assist you in initiating your precious metals investment.

Now that you are acquainted with the companies’ histories, product offerings, fees, advantages, and disadvantages, as well as their ongoing promotions, it is time to determine which company is the best choice to serve as your provider.

Therefore, let’s summarize some pros and cons of each company.

Pros and Cons of Augusta

A+ BBB rating & AAA BCA rating
Unique, free one-on-one educational web conference
Up to 10 years of fees reimbursed to your IRA
No-pressure sales approach
Easy and stress-free IRA setup with a streamlined process
Buy-back program
Endorsed by Hall of Fame quarterback & multimillionaire Joe Montana
And they offer a free guide on how to avoid gimmicks & high-pressure tactics used by gold IRA companies

IRA minimum deposits start at $50,000
High minimum for regular purchases, starting at $50,000
And you can’t set up an account online

Pros and Cons of Goldco

A+ BBB rating & AAA BCA rating
Outstanding customer reviews
Unmatched customer service
Dedicated Precious Metals Specialist
Easy IRA & 401(k) rollovers
No high-pressure sales tactics
Highest buy-back guarantee
Endorsed by Sean HannityChuck Norris, and Ben Stein
Also, free storage and free shipping on non-IRA precious metals

And just like Augusta, you cannot set up an account online

Augusta Precious Metals Vs Goldco – Which Company Should You Choose?

Augusta and Goldco are both excellent options for Gold IRA investments. And while they offer many of the same services, a few factors set them apart, and these might sway your decision. So, let’s break it down for you.

You should choose Augusta Precious Metals if…

Augusta Precious Metals: The Most Trusted Gold IRA Company

  • You want a wide variety of investment options, including gold, silver, platinum, and palladium
  • You’re capable of  investing at least 50K in your Precious Metals IRA
  • You’d benefit from a free educational webinar to learn more about precious metals investing before you pull the trigger
  • You want all your annual fees waived for up to 10 years

>>> To learn more, request your Free Gold IRA Guide from Augusta 

And you should choose Goldco if…

Best Overall Gold IRA Company: Goldco

  • You want a lower investment amount to start your Gold IRA account ($25,000 minimum deposit)
  • You’ll feel safe knowing that thousands of customers praise Goldco and its customer service and no-pressure sales approach
  • You’d prefer free IRA and 401(k) rollovers
  • You’re interested in holding wealth in gold and silver
  • You’d prefer free storage and shipping for non-ira precious metals
  • You want 10% of your order in FREE silver

>>> To learn more, request your Free Gold IRA Guide from Goldco

Verdict – Which Precious Metals Company Is the Best?

Storage of gold bars

If you want to diversify your retirement portfolio, incorporating precious metals is a worthy consideration. The best part is that you can enjoy significant tax benefits by utilizing a Gold IRA facilitated by a brokerage or Gold IRA company.

As we’ve seen in our review regarding selecting trustworthy companies, two names consistently stand out: Augusta Precious Metals and Goldco. However, after conducting thorough research and compiling this review, we are inclined towards regarding Goldco as the superior choice.

One compelling reason is the extensive acclaim Goldco receives through its numerous 5-star customer reviews, with clients consistently praising their exceptional customer service and the ease of initiating a Gold IRA account with them. Overall, they have truly set a high standard in the industry.

Additionally, Goldco boasts a lower investment minimum for Gold IRAs, which is half of Augusta’s required deposit. This enables Goldco to cater to a broader market.

While Augusta Precious Metals has undeniably established a prominent presence, it is difficult to overlook the prestige associated with being considered the benchmark for the “best overall Gold IRA company,” a distinction that Goldco has earned.

Ultimately, your decision should be based on your individual needs and preferences. We recommend taking the time to explore the offerings of both Augusta and Goldco to determine which one aligns better with your investment goals.

Regardless of your choice, you can be confident that you are partnering with reputable and reliable companies that will assist you in diversifying your retirement portfolio with precious metals.

>>> Read the full Augusta Precious Metals Review or order the Ultimate Guide to Gold IRAs and get paid in Real Gold

Get A Free Gold Coin And Gold IRA Guide: Augusta Precious Metals

>>> Read the full Goldco Review or request the Free Gold IRA Guide

Goldco Free 2023 Gold IRA Guide

Augusta Precious Metals vs Goldco Alternatives

If neither of these options resonates with you, we have conducted thorough evaluations and rated the top 7+ precious metals companies for regular purchases and gold IRAs.

We have meticulously rated each company based on various factors, including BBB/BCA ratings and complaints, customer reviews, annual fees, selection of precious metals, storage options, promotions, and buy-back programs.

Also, You can request a free guide/kit from each company by clicking on the “GET FREE KIT!” button to the right.


Company Reviews Annual Fees Investment Minimums (IRA) Preferred Custodian Free Gold Kit
Goldco: Best Overall Gold IRA Company Reviews $180 $25,000 Equity Trust
Reviews $0 $50,000 Equity Trust
Reviews $180 $10,000 Equity Trust
Red Rock Secured: Best ROI Gold IRA Reviews $0 $10,000 Equity Trust
Reviews $100 $10,000 Equity Trust
Reviews $180 $10,000 Equity Trust
Reviews $80 $2,000 Equity Trust

Augusta Precious Metals vs Goldco – FAQs

The following frequently asked questions and answers are intended to help your investment decision-making process further.

What is a Gold IRA?

A Gold IRA, also called a Precious Metals IRA, is a unique type of self-directed retirement account specifically designed to hold precious metals like gold and silver. These accounts are becoming more popular as people look for alternative ways to diversify their retirement portfolios.

Further, one of the main benefits of a Gold IRA is that it allows for pre-tax contributions, which means that any investment earnings can accumulate tax-deferred, which cam be a huge advantage when planning for retirement.

Unlike traditional IRAs that typically hold paper assets such as stocks and bonds, a Gold IRA strictly holds physical gold, silver, or other metals. As a result, this type of IRA can appeal to investors looking to protect their retirement savings against economic turmoil and inflation.

Why invest in a Gold IRA?

Individual Retirement Accounts (IRAs) can play a pivotal role in securing your retirement and safeguarding your family’s financial future. These specialized accounts offer the advantage of setting aside tax-deferred savings for future use. However, prudent long-term investments require a significant allocation of assets into dependable options.

While IRAs can include various assets such as cash, stocks, ETFs, and others, it’s crucial to consider the rapid devaluation of cash and the prevailing inflationary conditions. Equally important, without tangible assets to back it up, your savings may diminish in value over time. This is where the unparalleled investment potential of gold comes into play.

Given the current state of the global economy, characterized by lockdowns, shortages, geopolitical conflicts, inflation, and the looming specter of recession, uncertainty levels have reached unprecedented heights.

Consequently, investors increasingly turn to physical gold within their IRAs to protect their financial well-being. Gold IRA investments are a reliable hedge against crises that adversely impact most other asset classes.

When assessing risk, it is essential to comprehend the prevailing economic climate. With gold, however, you can find solace in owning an asset that enjoys consistent demand and retains its value over time.

Moreover, gold is an ideal diversification tool to mitigate potential losses in other investments.

Do note, that while a Gold IRA can be a prudent investment strategy, it may not be suitable for everyone. Before making any decisions, seeking guidance from a financial advisor is recommended to assess whether a Gold IRA aligns with your financial circumstances.

Where should I store my IRA gold?

The Internal Revenue Service (IRS) has implemented stringent regulations stating that any bullion held in an IRA account must be stored in a certified depository. Specifically, this means that storing your gold bars in a home safe or under your bed for safekeeping is not permissible.

Instead, the responsibility of managing and safeguarding your precious metals rests with a separate entity called a custodian.

Fortunately, most trusted Gold IRA companies have partnered with reliable custodians specializing in secure storage solutions. Further, these custodians undergo thorough vetting processes and have established a solid track record in providing excellent storage services for their clients.

However, if you are dissatisfied with the partnered custodians, you do have the option to propose your own compliant depository.

Therefore, ensuring that it fully complies with regulatory requirements is crucial when searching for a depository. Some prominent depositories in the market include Brink’s, Delaware Depository, and IDS.

Even though all three offer exceptional storage options, it is worth noting that IDS is the only one that provides segregated storage.

Still, regardless of the depository you choose, all three offer similar advantages and are renowned for their reliability and security. Lastly, take the time to explore your options and select the storage solution that best suits your Gold IRA.

When can I take distributions?

Once you reach the eligible age to receive disbursements from your account (typically 59 ½), you can receive funds in cash or have the actual metals delivered directly to you.

However, it is important to note that such withdrawals may be subject to taxation and potential liability to the IRS for early distribution.

Nevertheless, it is essential to approach a Gold IRA as a long-term retirement investment and maintain it until maturity. Keep in mind, you will be required to initiate payments starting at 70 ½.

Is a Gold IRA a safe investment?

To best answer this question, let’s turn it around and ask: “Will your IRA really be safe without gold?”

Because gold prices historically move in the opposite direction of paper assets like stocks and bonds, adding a Gold IRA to a retirement portfolio adds diversification and provides an insurance policy against inflation.

Therefore, this minimizes risk, especially over the long term, which makes it a smart choice for retirement investments like IRAs. For more details, visit our article on Gold IRA’s pros and cons.

What types of retirement accounts can be transferred to a Gold IRA?

You can transfer any type of retirement account, including a Traditional IRA, Roth IRA, 401(k), or other pension plans, to a Gold IRA if the account custodian or trustee allows it.

Here’s the complete list of transferable retirement accounts:

  • Employer-sponsored 401(k)
  • Self-directed 401(k)
  • Traditional or Roth IRA.
  • TSP
  • 403(b)
  • 457(b)

If you still have questions, read more Gold IRA FAQs.


About the Author

Gregory is a real estate sales agent and a state-certified instructor of real estate licensing and law. He has also written on economic and financial issues for many years. Originally from New York City, he's called Grand Rapids, Michigan home since 1995.

Related Posts

Goldco Vs Noble Gold: Which Company Is Best?

Goldco Vs Noble Gold: Which Gold Dealer Is The Best?

Thank you for taking a moment to read our Goldco vs...

Goldco Vs Augusta Precious Metals: Which Precious Metals Company Is Best?

Thank you for visiting our Goldco vs Augusta Precious Metals...

Leave a Reply

How to Protect Your Cash During a Financial Crisis - Get Your Free Kit

BitIRA: The Next Bitcoin IRA Millionaire Can Be You

Ben Stein's Free Report Recessions & Depressions
Don`t copy text!