Are you looking to invest in gold or silver for your retirement? If so, then Goldco and Augusta Precious Metals are two of the leading providers of IRA accounts.
Both offer a range of products and services to help you secure your financial future. Goldco is known for its wide array of investments, while Augusta Precious Metals specializes in gold and silver products.
In this article, we’ll compare the key differences between the two companies to help you decide which one is right for you. Read on to learn more about Goldco vs Augusta Precious Metals!
Overview of Goldco and Augusta Precious Metals
If you’re looking for a safe, secure way to invest in precious metals, Goldco and Augusta have got you covered. They offer top-notch customer service and expertise that can help you make the most of your investments.
Goldco is a company founded by Trevor Gerszt in 2006. They focus on offering a wide variety of products, including gold, silver, platinum, palladium, and even cryptocurrencies.
Augusta Precious Metals is co-owned by Isaac Nuriani and Devlyn Steele, who have over forty years of combined experience in finance and investing in precious metals. This company specializes in gold and silver products but also offers assistance with rollovers from existing 401(k)s or inactive IRAs.
When it comes to fees associated with their services, both companies are great options as neither has astronomical rates. Goldco has an annual custodian fee of $80+ as well as an additional storage fee of $100+. Augusta charges an annual custodian fee of $80 with storage being free for up to 10 years. Both companies also have minimum purchase requirements that must be met before opening accounts. Goldco’s minimum is set at $25,000 while Augusta requires a minimum purchase amount of $50,000.
In terms of customer service and education, both companies excel greatly here too! Goldco has high profile mentions from Forbes to Investopedia, which speaks volumes about its quality service. Augusta offers first-class customer relations along with a lifetime customer support guarantee and even an educational program organized by Devlyn Steele himself! Both companies are highly rated online for their excellent customer reviews so it really boils down to individual preferences when making such decisions.
Finally, there’s no denying that both these companies offer great options when it comes to long-term retirement investment plans based on gold or other precious metals. But if we had to choose one, we would definitely go with Augusta Precious Metals. They have a competitive pricing structure along with great education resources available for customers, as well as strong recommendations from industry experts like Joe Montana who endorse them wholeheartedly!
Investment Products Offered
For those looking to invest, Goldco and Augusta offer a wide range of options, from gold and silver coins to platinum and palladium bars.
Goldco is a full-service precious metals dealer that offers IRA-eligible products in all four precious metals, including the rarer platinum and palladium. They also offer assistance with rollovers from existing 401(k)s or inactive IRAs, as well as help adding crypto to SDIRAs.
Augusta Precious Metals specializes in gold and silver products for retirement accounts. Their IRA-eligible bullion coins and bars include various gold and silver mints, plus they can assist with purchasing platinum or palladium products through an intermediary. Goldco also has a sister company called Coin IRA which exclusively sells platinum and palladium products for IRAs. This makes it a great choice for those who want to invest in alternative assets beyond just gold or silver.
Augusta Precious Metals is perfect for investors focused on long-term retirement investments in gold or silver who are looking for the highest quality customer service and education available. Their knowledge database includes free online seminars covering everything you need to know about investing in precious metals safely and securely.
Both companies offer competitive pricing on their various investment options, but Goldco has higher annual custodian fees ($80+) as well as storage fees ($100+). However, Augusta Precious Metals covers storage costs up to 10 years with no additional fee required from the customer.
For most investors looking for a trusted partner when it comes to investing in precious metals for retirement accounts, Augusta Precious Metals stands out as the top choice due to its overall level of service coupled with competitive pricing on their vast selection of product offerings – making them a safe bet when choosing your partner for retirement account investments.
Fees and Other Charges
When it comes to fees and other charges, you’ll want to consider the differences between the two companies before making a decision.
Goldco and Augusta Precious Metals are two of the most highly rated precious metals investment companies out there. Goldco offers a wide variety of products and services, covering all four precious metals as well as cryptocurrencies. Augusta Precious Metals specializes in gold and silver products, but can help with purchases of platinum or palladium through an intermediary.
Goldco has a $25,000 minimum purchase requirement for its bullion products, while Augusta has a $50,000 minimum purchase requirement. Goldco also charges variable fees for buybacks while Augusta charges a 5% markup on bullion products. Goldco requires an annual custodian fee of $80+ along with an additional annual storage fee of $100+, whereas Augusta’s custodian fee is only $80 per year and storage is free for up to 10 years.
Goldco helps customers with rollovers from existing 401(k)s or inactive IRAs as well as adding crypto to SDIRA accounts. On the other hand, Augusta focuses on long-term gold and silver retirement investments and offers a customer education program organized by Devlyn Steele himself.
Both companies have celebrity endorsements – Joe Montana endorses Augusta while Sean Hannity is seen publicly endorsing Goldco – so they both have great public relations strategies in place too.
When it comes down to choosing the right company for your investment needs, it really depends on what your individual preferences are when it comes to product selection, fees charged and customer service offered by each company.
After consideration of all these factors in this review we would recommend that investors choose Augusta Precious Metals due to its competitive pricing structure, great options available and customer service second-to-none.
Customer Service and Support
No matter your investment needs, you’ll want to consider the customer service and support offered by each company before making a decision. Goldco and Augusta Precious Metals are two companies that can offer a wide range of products for investors.
Goldco offers gold, silver, platinum, palladium, cryptocurrencies and other assets while Augusta Precious Metals focuses on gold and silver products. Both companies have great customer service reviews but they approach their customer care differently.
Goldco is known to act more as a dealer than an advisor while Augusta is praised for its lifetime customer support guarantee. They also have different requirements when it comes to minimum purchase amounts; Goldco has a $25,000 requirement while Augusta has a higher $50,000 requirement for first-time accounts.
Furthermore, Goldco charges variable fees for buyback whereas Augusta charges 5% markup on bullion products only. Augusta takes it one step further with their commitment to educating customers about precious metals investments through free online seminars organized by Devlyn Steele – the co-owner who has 40+ years of combined experience in finance and precious metals.
And if the seminars weren’t enough, they also provide customers with access to their knowledge database that covers all sorts of topics from tax information to buying strategies so you can make informed decisions about your investments. On the other hand, Goldco has been able to differentiate itself through its focus on safe-haven investments founded by Trevor Gerszt with real estate experience in 2006 – which ultimately led them to become members of Better Business Bureau’s Board of Directors as well as receive countless mentions from Forbes and Investopedia among others due their high profile endorsements such as Sean Hannity’s recent partnership announcement.
Plus they have help with rollovers or adding crypto into SDIRA accounts available too!
In choosing between these two companies it really depends on individual needs and preferences; however considering all factors discussed above – ranging from pricing options to customer service & education – Augusta Precious Metals stands out as the top pick in this review for those looking to invest in long term gold/silver retirement plans.
Storage Options
You’ll want to consider the storage options each company offers when deciding which is right for you. Goldco and Augusta Precious Metals are two companies that offer different IRA products, with Goldco offering a wide variety of products while Augusta specializes more in gold and silver.
Goldco allows you to store your precious metals in either Brinks or Delaware Depository, with a variety of IRA-approved custodians available. On the other hand, Augusta recommends Equity Trust as its custodian but also allows others IRS-approved ones. It also has various vaults for storage located in New York, Texas, Utah, and Idaho.
Goldco’s sister company Coin IRA can help purchase platinum and palladium products if needed but Augusta can assist with this too as an intermediary. When it comes to the minimum requirement for first-time accounts, Goldco does not have one while Augusta does have a higher one than most companies at $50,000.
Furthermore, Augusta covers storage fees up to 10 years while Goldco charges an annual fee of over $100 each year plus an additional $80+ custodian fee annually.
Aside from the different storage options these two companies offer another big difference between them is customer service and support. While both highly rated with great customer service reviews online they differ in their approaches to helping customers out with retirement investments: Goldco acts more like a dealer whereas Augusta excels in customer relations by offering lifetime customer support guarantee along with their knowledge database full of information on how to invest in precious metals as well as free seminars conducted by Devlyn Steele himself – all so customers feel informed about their decisions before investing any money into gold or silver IRAs.
Depending on what you’re looking for from your retirement investment provider will determine which option is best for you between these two companies – whether that be long-term gold and silver retirement investments like those offered by Augusta Precious Metals or alternative assets such as cryptocurrencies provided by Goldco – both have great offerings of gold, silver and other precious metals available so it really depends on individual needs and preferences when making that decision..
Regulated by Which Authority?
When it comes to the safety of your investments, both companies are backed by well-respected regulatory authorities and experts in the industry. Goldco is regulated by the Financial Industry Regulatory Authority (FINRA) and is a member of the Better Business Bureau’s Board of Directors. Augusta Precious Metals is registered with the U.S. Treasury and also a member of ICTA, an organization that promotes ethical business practices within the tangible asset industries.
Goldco offers a wide variety of products including gold, silver, platinum, palladium, IRA-approved coins and bars as well as cryptocurrencies. They assist with rollovers from existing 401(k)s or inactive IRAs and offer help with adding crypto to SDIRAs.
On the other hand, Augusta Precious Metals specializes in gold and silver products for IRA accounts such as coins from different mints and bullion bars which they recommend be stored in vaults located in New York, Texas, Utah or Idaho. They can also help purchase platinum and palladium products as an intermediary if necessary.
Both companies possess strong customer service records but have different approaches when it comes to pricing structures – Goldco requires a minimum purchase amount of $25000 while Augusta has a $50000 requirement for first-time accounts; Goldco has variable fee for buyback whereas Augusta charges 5% markup on bullion products; Goldco has $80+ annual custodian fee plus additional storage fees whereas Augusta covers storage up to 10 years with their $80 annual custodian fee.
The best choice between these two will depend on individual needs and preferences – investors seeking alternative assets past gold/silver may find better value at Goldco while those looking for long-term retirement investment options should lean towards Augusta’s specialized services along with their robust customer education program organized by Devlyn Steele himself.
Pros and Cons of Each Company
If you’re looking to invest in precious metals, it’s important to weigh the pros and cons of each company before making a decision.
Goldco offers a wide variety of products for IRA accounts including tax-deferred traditional or Roth IRAs with storage options from Brinks or Delaware Depository. They also offer help with rollovers from existing 401(k)s or inactive IRAs as well as selling IRA-eligible bullion coins and bars made from precious metals.
Augusta Precious Metals specializes in gold and silver products for IRA accounts with a recommendation of Equity Trust as the custodian but allowing other IRS-approved ones. They offer various vaults for storage including locations in New York, Texas, Utah, and Idaho as well as assisting customers with rollovers from various plans and accounts.
When comparing fees between the two companies there are differences that should be taken into consideration.
Goldco has a $25,000 minimum purchase requirement while Augusta has $50,000 minimum purchase so if you’re looking to invest smaller amounts then Goldco is more suitable option than Augusta Precious Metals. Additionally Goldco charges an annual custodian fee of $80+ along with an annual storage fee of $100+, while Augusta only charges an annual custodian fee of $80 and covers storage up to 10 years at no cost; however they do have 5% markup on their bullion products which could add up over time whereas Goldco does not charge any markups on their products.
Augusta stands out for its customer relations offering lifetime customer support guarantee along with free online seminars on precious metals investment which can be useful if you’re just starting out your investment journey or are new to investing in general. Goldco excels more as a dealer focusing on safe-haven investments rather than solely education like Augusta Precious Metals do.
Furthermore both companies have celebrity endorsements such as Joe Montana endorsing Augusta Precious Metals and Sean Hannity endorsing GoldCo; however this shouldn’t be considered when weighing our your options since these endorsements may not reflect actual user experience (positive or negative) using either platform for investments purposes.
Overall, choosing between these two companies depends mainly on individual needs and preferences. However, overall August Precious Metals is chosen by many users due its competitive pricing structure accompanied by great options for long term gold & silver retirement investments along with superior customer service & education second-to-none compared to its competitor –GoldCo– who focus more heavily on alternative asset investment strategies past gold & silver investments such as cryptocurrencies, making them a more suitable option if you’re looking beyond traditional gold & silver investments when setting up your retirement account portfolio.
Which Company is Right For You?
No matter what your investment goals are, it’s important to find the right company for you that can provide the best products, services, and support.
Goldco and Augusta Precious Metals are two companies with distinct offerings. Goldco offers a wide variety of products that includes gold, silver, platinum, palladium, and even cryptocurrencies. They also have a great customer service team that assists with rollovers and adding crypto to SDIRA accounts.
Augusta Precious Metals specializes in gold and silver products but they also offer help with purchasing platinum or palladium as an intermediary. They have a higher minimum requirement for first-time accounts but they make up for this by offering customers lifetime customer support guarantee as well as free online seminars on precious metals investments.
Goldco is perfect for those looking to invest in alternative assets such as cryptocurrencies or traditional retirement accounts like 401(k)s or inactive IRAs. Furthermore, their high-profile mentions from Forbes to Investopedia make them an attractive option for those seeking greater visibility in the market.
On the other hand, Augusta Precious Metals is ideal for long-term investors looking for specialized company with a focus on gold and silver retirement investments. Their competitive pricing combined with their great options makes them very appealing to many customers who appreciate having access to knowledgeable advisors through their customer education program organized by Devlyn Steele himself.
When choosing between Goldco or Augusta Precious Metals it’s important to consider your individual needs and preferences when making a decision about which company is right for you. Both offer excellent options when it comes to investing in precious metals but depending on what your specific requirements are one may be more suitable than the other in terms of cost savings or customer service features such as lifetime support guarantees offered by Augusta Precious Metals only at this time.
Ultimately, both companies have earned stellar reputations over the years so whichever one you choose will likely be able provide quality service regardless of which route you take in order secure your financial future through investing in precious metals today!
Conclusion
Making the decision between Goldco and Augusta Precious Metals for your retirement investments doesn’t have to be overwhelming.
Goldco offers a wide variety of products and competitive fees. They also have excellent customer service and secure storage options.
Augusta, on the other hand, specializes in gold and silver investments. They offer competitive fees and secure storage options as well.
Ultimately, the choice between the two companies depends on your individual needs. However, rest assured that whichever provider you choose, your investments are safe.