The owners of this website may be paid to recommend Goldco or other companies. The content on this website, including the positive review of Goldco may not be independent or neutral.
Choosing the Best Gold IRA Company – Augusta Precious Metals or Goldco?
We’re all experiencing the global economic fallout from the pandemic years and the war in Europe and are now facing another period of recession. Like millions of other investors, retirees, and people saving for retirement, you’re looking for alternative sources for investment to protect your wealth. You’ve decided that the safest course is to diversify your portfolio by transferring a percentage of your investments into a gold IRA; and now, the only question is:
Which gold IRA company is the best match for my goals?
Recession.org researchers have identified the best gold IRA companies based on customer satisfaction in published reviews, as well as their offers, requirements, and fees, from which we’re providing a side-by-side gold IRA comparison.
Compare these two companies, Augusta Precious Metals and Goldco, as you decide which company best matches your personal investment goals.
Augusta Precious Metals Overview and Gold IRA Highlights
Augusta Precious Metals has been offering its customers gold IRAs since 2012. APM is a family-owned firm that in one decade has very quickly become one of the top gold companies in the U.S. its world-class precious metals services. Hall of Fame quarterback, Joe Montana, was first a customer, and now the ambassador for Augusta Precious Metals – and for good reasons!
Augusta Precious Metals offers:
- investment packages that include self-directed precious metal IRA services
- a place to purchase gold and silver for non-IRA investments
- life-time customer support
Request the free gold IRA kit from Augusta Precious Metals
Goldco Overview and Precious Metals IRA Features
Goldco is one of the longer established gold companies, offering gold IRAs since 2006. Headquartered in Woodland Hills, California, Goldco has distinguished itself as a brokerage firm specializing in “white glove” guidance for precious metal retirement investments. The company is very highly rated for its dedicated services
to investors, helping them set up and balance a retirement portfolio.
Goldco stands out as:
- a provider of a wide range of options for precious metal investments,
including silver, gold, palladium, and platinum. - partnerships with trusted custodians and depositories and custodians
- ease of set-up with excellent customer service
Request the free gold IRA kit from Goldco’s website.
Side-by-Side Comparison – Goldco vs Augusta Precious Metals
| Augusta Precious Metals | Goldco | |
|---|---|---|
| 4.9 out of 5 | Company ratings on average |
4.8 out of 5 |
| Joe Montana | Celebrity ambassador endorsement |
Sean Hannity and Chuck Norris |
| 2012 | Year the gold company was established |
2006 |
| US$ 50,000 | Required minimum investment |
US $ 25,000 |
| Gold / Silver | Precious metals supported |
Gold / Silver / Palladium / Platinum |
| Yes | Price-matching for coins and bars |
No |
| Life-long dedicated customer support, customized support |
Customer support described |
“White glove” customer support, customized |
| Yes | Gives support for IRA rollovers |
Yes |
| 2 weeks | Average time from setup to depository |
1 week |
| Yes | Offers a buyback program |
Yes |
| Yes | Free educational materials |
Yes |
Augusta Precious Metals Customer Reviews
Read more customer reviews on the Augusta Precious Metals website
Goldco Customer Reviews
Read more customer reviews on the Goldco website
Side-by-Side Fee Schedule – Augusta Precious Metals vs Goldco
The chart below compares the fees associated with the costs of investing in an IRA with precious metals with both companies and is as close as we can determine at the time of writing.
| Augusta Precious Metals | Goldco | |
|---|---|---|
| $50,000 | Account Minimums | US$ 25,000 |
| $50 | One-time setup fee | $50 |
| $80 | One-time setup fee | $50 |
| $100 | Annual depository or Storage fees |
Non-segregated: $100 Segregated: $150 |
| Free | Shipping fees | May vary |
| Based on spot price. 5% markup for bullion coins |
Prices for coins and bars | Speak with Goldco for prices and markups |
| – | Other fees | One-time wire fee US$30 |
| Click to learn more from the Augusta Precious Metal website |
Click to learn more from the Goldco website |
|---|
Understanding What is Important to You When Choosing a Gold IRA Company
To understand which factors are most important to you when matching your goals to a company that offers gold IRAs, some questions to ask, among others, might be:
- Am I good at navigating websites and handling forms? Or do I want an expert to handle more of the details for me?
- What are the minimum investments for each company? Am I just starting out to build a retirement plan, or do I have a large amount already saved and know what percentage I want to convert into a gold or other precious metals IRA?
- Are low-cost first-year and annual fees for maintaining my account important for me to get started, or are specialized depository and customer service fees reasonable considering the size of my investments?
- Is my goal to hold only gold and silver, or do I want to hold additional precious metals like platinum and palladium?
- Which ratings and customer reviews do I best identify with when deciding on a company to open a self-directed IRA?
Conclusion – Take Action to Secure the Value of Your Retirement Portfolio with a Precious Metals IRA
One thing you do know is
You want to protect the hard-earned money you’ve saved for retirement by diversifying a good percentage of your paper currency, stocks, real estate and other investments into a tangible asset that has held its value throughout human existence because of its scarcity (gold) or its vital usefulness (silver and other rare metals). Opening a gold IRA is the best way to diversify your retirement portfolio. The only decision now is which of the very top companies is the best match for you.
| Talk with an IRA consultant from Augusta Precious Metals |
Talk with an IRA consultant from Goldco |
|---|
Risk Disclosure: All financial investments, including precious metals such as gold and silver, involve risk. Always consult a licensed professional financial advisor before investing your money. Consumers should be aware that past performance does not guarantee future returns
Disclaimer: The owners of this website may be compensated for recommending certain companies, products, and services. While we endeavor to ensure that our content is accurate, the information we provide does not constitute financial advice and may not be neutral or independent.
uses her life experience in investing to write about business, finance, economic news, family trusts, retirement planning, precious metals and cryptocurrencies. She has personal experience with buying gold for the past 20 years and recently learned to successfully invest in Crypto. Megan graduated with a master’s degree in Humanities from Wesleyan University, has lived and worked in 12 countries, and currently resides in Portugal.
