Goldco vs Augusta Precious Metals
Written by Greg Marcus - August 15, 2022
With an influx of gold IRA investors, the number of gold IRA companies has also increased. Even so, finding the ones worth investing with is not so difficult. Below we detail a comparison of Goldco and Augusta, two of the most reputable gold investment companies on the market.
Goldco vs Augusta Comparison Chart Overview
Comparing | Goldco | Augusta Precious Metals |
|---|---|---|
Year established | 2006 | 2012 |
Average rating | 4.8/5 | 4.6/5 |
Precious metal investment options | Gold, silver, platinum, and palladium | Gold and silver |
Minimum investment | $25,000 | $50,000 |
Delivery to depository time | 1 week | 2 weeks |
Rollover support | Yes | Yes |
Lifetime customer support | No | Yes |
Buyback program | Yes | Yes |
How to Contact |
Who is Goldco?
Founded in 2006, Goldco Precious Metals is a highly-rated, trusted gold IRA company headquartered in Woodland Hills, California. They help individuals protect their retirement from imminent threats such as inflation, taxes, and market crashes. Goldco offers a range of metals to add to your IRA, whereas many companies only have gold and silver options.
Who is Augusta Precious Metals?
Founded in 2012, Augusta Precious Metals is one of the only gold IRA companies with lifetime customer support, personalized web conference opportunities with a Harvard economist, and no complaints since they began in business. With a wide range of wealth clientele, Augusta knows how to do gold IRAs right.
What do Goldco Precious Metals and Augusta Offer?
Both Augusta and Goldco have gold and silver IRAs, but Goldco also includes platinum and palladium options as well. Both of these companies have personalized support for their clients and dedicated customer service agents with their own specialties.
Goldco and Augusta both have agents to walk you through the registration process once you sign up and download their information kit. Augusta has a personalized one-on-one web conference with their Harvard economist to educate you on the state of the economy, gold and silver, and how to protect your retirement. Goldco and Augusta both have a great fee structure - Goldco has lower fees overall, but Augusta has many fees waived, making their costs about equal. They both have a great buyback program which makes your purchase decision even safer than it already is.
What Benefits are Unique to Goldco?
Goldco has a lower minimum investment of $25,000 which gives more people investing opportunities. They also have up to $10,000 in free silver when you invest with them. Once you go to their site and download the info kit, they will get in touch with you. You can then mention the promotion so you're locked into this one of a kind deal.
What Benefits are Unique to Augusta Precious Metals?
Although Augusta has a higher minimum investment of $50,000 they do have account lifetime support and up to ten years of fees waived. Both Augusta and Goldco have their own benefits, but Augusta does have slightly better client feedback which is quite close to pristine. Augusta also has their one-on-one web conference with a Harvard economist to get you up to speed on what's going on in our economy and how to protect your wealth.
Goldco Fees
- Goldco has a one time setup fee of $50
- $30 money wiring fee
- Annual custodial fee of $100
Augusta Precious Metals Fees
- Augusta has a one time setup fee of $50
- Annual custodial fee of $80
Is Goldco Precious Metals Trustworthy?
Goldco has been servicing the precious metals industry for over 15 years and has maintained an AAA rating from the Business Consumer Alliance and an A+ rating from the Better Business Bureau. They allow for both gold transfers and gold rollovers, helping those with traditional retirement accounts such as 401Ks, IRAs, 403bs and more. Although Goldco does have a few complaints, they have way below the average amount in the industry and make sure to address every one of them, providing solutions and improvements.
Is Augusta Precious Metals Trustworthy?
Augusta Precious Metals has not gotten a single complaints since they started in business in 2012 even though they have received thousands of reviews. This is one of the reasons they are the most reputable company in the industry. Not only do they have no complaints, but they also have a $1 billion all-risk insurance policy which beats any competitors on coverage.
Augusta has a 4.9 rating from TustLink, and A+ rating with the BBB and an AAA rating with the Business Consumer Alliance.
Winner
Both companies are actually in the top 3 picks for best gold IRA companies on the market. However, we do feel as if Augusta Precious Metals has a slight advantage over Goldco. Although Goldco has a great free silver promotion currently going on and a lower minimum investment, Augusta makes it to the top with their lifetime customer support, 0 complaints, and unique educational opportunities. That being said, Augusta Precious Metals and Goldco both prioritize eductings their clients before they make any decisions, whereas most companies on the market will talk business immediately. Whichever you choose you can be sure that you're in great hands.
