Goldco Vs Augusta

Goldco vs Augusta Precious Metals: The Battle of the Best Precious Metals and Gold IRA Companies

Precious metals and gold IRA companies have been helping people to protect their assets and diversify their portfolio holdings for generations.

In the modern financial world, the precious metals market offers attractive alternative investment options for long-term saving plans.

Gold coins, silver bullion, gold and silver bars, and other precious metals have always held a certain appeal and still have a stronghold today.

The sense of security that comes with assets as historically stable and reliable as silver and gold coins and precious metals IRAs is something worth having.

Today, top gold IRA companies help people maximize the opportunities precious metal assets offer to retirement investors and portfolio owners. A gold IRA account (also known as a precious metals IRA) overs diversified security for a retirement account.

Two of the best gold IRA companies are Goldco and Augusta Precious Metals. The following guide takes a closer look at both, drawing a comparison between their services, fees, account options, and investment styles.

It highlights the similarities between the two but focuses on the essential differences to help readers determine which of the leading gold investment companies is the right choice for their financial goals and future.

Table of Contents

Overview: Goldco

goldco

Since its launch in 2006, Goldco has maintained a solid reputation as a reliable and reputable gold IRA company that benefits members through flexible IRA account options, exceptional customer service, and an excellent variety of investment opportunities.

From traditional IRA account setup to the more versatile self-directed IRA style, Goldco works with clients to find the best solution for them. It goes beyond just gold and silver coins to further diversify its members’ retirement savings, branching into palladium IRAs and platinum IRAs.

Highly rated by the Better Business Bureau, TrustLink, and the Business Consumer Alliance, Goldco has maintained a stellar reputation for the best part of two decades.

Furthermore, it ranks highly amongst its former and current customers, with plenty of five-star reviews for potential new clients to peruse.

In short, Goldco is a well-established and much-loved provider of customized gold IRA accounts and more.

Overview: Augusta Precious Metals

augusta precious metals gold ira

If transparent business practice and unrivaled customer care are things you value above all else, then Augusta Precious Metals is well worth your time.

Established in 2012, this premium gold IRA company boasts a decade of unwavering excellence in clients’ satisfaction and an openly trustworthy business approach.

As long as you have an account open with Augusta Precious Metals, you have access to lifelong support and educational resources.

One of the unique things about this gold investment company is its library of learning materials that help customers make the best, most informed decision possible about what is best for them and their futures.

Like Goldco, Augusta Precious Metals ranks highly with respected trust comparison websites and organizations, including the BBB and BCA. It has one of the highest customer ratings in the industry based on verified reviews.

Silver and Gold IRAs are the bread and butter of the operation here, but it also has plenty of great options for clients who wish to purchase gold or silver outside their precious metal IRAs.

Competitive fees and flexible investment options make this one of the best gold and silver IRA companies in the industry.

Goldco & Augusta Precious Metals Comparison Chart

Goldco

  • Company founded: 2006
  • Minimum investment: $25,000
  • Average comprehensive rating: 4.8
  • Precious metals available: Gold, Silver, Palladium, Platinum
  • Price matching available: No
  • Current IRA rollover assistance: Yes
  • Average delivery time: One week
  • Customer support: Customized and personal support across comprehensive channels
  • Buy-back program available: Yes

Augusta Precious Metals

  • Company founded: 2012
  • Minimum investment: $50,000
  • Average comprehensive rating: 4.9
  • Precious metals available: Gold and silver products
  • Price matching available: Yes
  • Current IRA rollover assistance: Yes
  • Average delivery time: Two weeks
  • Customer support: Life-long excellent customer service with in-depth personalized approaches
  • Buy-back program available: Yes

Rollover Opportunities: Goldco

A gold IRA rollover is when a person decides to move their existing retirement accounts into gold or silver IRAs for asset protection benefits.

It can be a full or partial amount (consult with a financial advisor for more information) and is possible with the support of a gold IRA custodian.

Goldco is no one-trick pony when it comes to rollover options. Some of the popular gold IRA services it offers for rollover purposes include:

  • Roth IRA or Roth 401 (k)
  • Traditional investments IRA
  • SEP IRA
  • SIMPLE IRA
  • Roth 457 (b)

Additionally, the gold IRA provider supports with all the paperwork and procedures to make things go as smoothly as possible. Highly trained rollover specialists are assigned to clients to provide dedicated assistance throughout.

Rollover Opportunities: Augusta Precious Metals

It is also possible to roll over a traditional IRA or 401 (k) account into a precious metals IRA with Augusta Precious Metals.

The representatives can explain the tax benefits and are extremely helpful when it comes to helping clients understand the ins and outs of the move.

Where possible, they assist with legal processes and try to limit the hassle of the move through patient, personalized support.

calculate fees

Fees: Goldco

  • One-time setup fee: $50
  • One-time fee for money wiring: $30
  • Annual maintenance fees: $80
  • Annual fee (custodial): $100
  • Minimum investment: $25,000
  • Cost of precious metals: Fluctuates according to market value

Fees: Augusta Precious Metals

  • One-time setup fee: $50
  • Annual fee (custodial): $80
  • Annual depository storage fees: $100
  • Shipping and transit costs: Waived
  • Minimum investment: $50,000
  • Cost of precious metals: Based on fluctuating market values

Choosing Between Goldco and Augusta Precious Metals

As you can see, there are many similarities between these companies. Both offer comprehensive services at competitive prices and are leading authorities in the precious metals industry.

They offer most of the same approaches, including rollover support, external investments and precious metal purchases, and assistance in understanding the full scope of what it all means for your financial future.

Here are where the key differences lie.

Goldco has a more varied selection of precious metal IRA options. Rather than sticking to just silver and gold investments, it also works with palladium and platinum coins and bullion.

Additionally, it offers a faster service for getting the physical gold or other metal to the storage facility from the time of purchase.

Other benefits of choosing Goldco include a significantly lower minimum investment amount and a higher level of expertise when it comes to rolling over existing retirement accounts.

With almost double the business history of Augusta, it stands to reason that Goldco has picked up some tricks of the trade along the way.

On the other hand, Augusta takes the lead in business ethics and education. Of all the excellent companies working in the Gold IRA market, this one takes the crown for transparent support and encouraging clients to become more independently responsible for their investment choices.

Despite the high investment minimum, it still manages to provide great value for money.

Top-notch service is one thing this company stands out for. It is arguably even better on this front than Goldco.

Conclusion

After considering both options carefully, our recommendation is ultimately Goldco.

Although both gold IRA companies have a lot to offer, Goldco has an edge thanks to its extensive options and excellent reputation as a leading gold IRA investments business.

In our opinion, it is the best gold IRA company when comparing these two industry giants.