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Augusta Precious Metals is a trusted precious metals dealer that helps Americans add physical gold to their portfolios.
Unlike many online bullion retailers, Augusta focuses exclusively on high-purity gold and silver products.
Here's a summary of their customer ratings – while a number of reviews is not so high, ratings are excellent:
Platform | Rating |
|---|---|
Trustpilot
| 4.8 (136 reviews) |
Better Business Bureau (BBB) | A+ | Accredited Since 2015 |
Consumer Affairs | 4.9 (147 reviews) |
Google Reviews | N/A |
Purchase Gold Bars on Augusta Precious Metals
Let’s walk through the process of buying gold bars from Augusta Precious Metals:
1. Clarify Your Gold Bar Investment Strategy
Before buying gold bars, take a minute to figure out your goals. Augusta Precious Metals is best suited for investors interested in wealth protection through tangible gold—whether in a retirement account or held at home.
Here are a few helpful questions to ask yourself:
Are you investing through retirement funds or cash savings? Augusta specializes in setting up Gold IRAs, where your bars are stored in IRS-approved vaults. But they also allow for cash purchases with home delivery.
Do you prefer to hold your gold physically or store it securely? If you want hands-on access, you can buy gold bars directly. If long-term storage is the goal, Augusta offers insured depository options.
How much are you looking to invest? Augusta typically works with customers investing $50,000 or more, especially for retirement accounts.
Are you buying as a hedge or a primary asset? Gold bars tend to be more cost-efficient for larger investments thanks to their lower premiums per ounce compared to coins.
- The Smart Investor Tip
If you’re leaning toward home delivery, factor in storage early. Gold bars—especially larger ones—are compact but valuable, and secure storage (like a fireproof safe) is essential to protect your purchase.
2. Choose Between a Gold IRA or Direct Delivery
Augusta's buying process is intentionally simple but tailored.
You’ll work with a dedicated representative who will walk you through your options and paperwork—whether you're opening a Gold IRA or just buying bars for delivery.
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If You’re Buying Gold Bars for Delivery:
Prefer to keep gold in your hands? You can request insured shipping straight to your home.
Get current pricing and availability from your Augusta rep
Pay via wire transfer or check (ACH may be available depending on your bank)
Track your shipment, which will be discreetly packaged and insured
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If You're Opening a Gold IRA:
This option lets you hold physical gold bars in a tax-advantaged retirement account. Here's how it works:
Open a self-directed IRA with a custodian like Equity Trust or Kingdom Trust
Fund your account via rollover or transfer from your current 401(k), IRA, or TSP
Select IRA-eligible gold bars, such as 1 oz or 10 oz .9999 fine gold bars
Store your metals at an IRS-approved facility (Delaware or Brink’s are Augusta’s partners)
3. Explore Gold Bar Products Offered by Augusta
Augusta focuses on a smaller, curated lineup of gold bars designed for simplicity and value.
All bars meet the .9999 purity standard and are sourced from well-known refiners like Credit Suisse, Valcambi, and the Perth Mint.
Here are some popular options:
Product Name | Weight | Purity | IRA Eligible | Origin |
|---|---|---|---|---|
Valcambi Gold Bar | 1 oz | .9999 | Yes | Switzerland |
Perth Mint Gold Bar | 10 oz | .9999 | Yes | Australia |
Credit Suisse Gold Bar | 1 oz | .9999 | Yes | Switzerland |
Credit Suisse Gold Bar | 1 oz | .9999 | Yes | Switzerland |
Random Hallmark Gold Bar | 1 kg | .9999 | Yes | Varies (global) |
Unlike many online gold dealers, Augusta doesn’t operate a public product catalog—you’ll receive customized product options based on your goals, timeline, and investment amount.
- The Smart Investor Tip
Larger bars usually come with smaller premiums per ounce. If you're planning a bigger investment, consider the 10 oz or 1 kg options for better value, especially in a Gold IRA.
4. Lock In Your Price and Finalize the Purchase
Once you’ve selected your gold bar(s), Augusta will lock in your pricing based on the live market spot rate. This ensures your cost is fixed—no surprises due to market swings.
Payment options include:
Wire Transfer – Recommended for speed and security
Check or ACH – Slower, but available if preferred
IRA Transfer/Rollover – For purchases held in a retirement account
Your representative stays in contact until the transaction is complete, so you’re not left figuring out the next step alone.
5. Choose Secure Storage or Insured Home Delivery
Augusta gives you two main storage options, depending on whether your gold bars are for retirement or personal holding.
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Secure Storage
If you're using a Gold IRA, Augusta will ship your bars to a secure storage facility:
Brink’s Global Services
Delaware Depository
Your gold is stored under your name, fully insured, and regularly audited.
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Home Delivery (for Personal Ownership)
Want to keep your bars at home? Augusta ships directly to your address with:
Insured, trackable shipping
Tamper-proof packaging
Signature confirmation on arriva
Does Augusta Precious Metals Offer a Buyback Program?
Not officially.
Augusta Precious Metals does offer a buyback program for gold bars, though it's not guaranteed and operates at the company’s discretion. The process is designed to be simple and transparent.
If you decide to sell your gold back to Augusta, you’ll need to contact your customer success agent, who will walk you through the current buyback pricing and terms.
While Augusta doesn’t commit to fixed repurchase terms, many customers report a hassle-free experience when liquidating their gold.
Additional Precious Metal Products Available on Augusta
While gold bars are a major offering, Augusta Precious Metals also provides a focused selection of other bullion products for those looking to diversify:
Gold Coins: Augusta offers IRA-eligible coins like the American Gold Eagle and Canadian Gold Maple Leaf—both are 22K or 24K pure.
Silver Bars: You can purchase .999 fine silver bars in various weights, often a cost-effective way to gain precious metal exposure.
Silver Coins: IRA-approved silver coins like the Silver American Eagle are available for both IRAs and direct delivery.
Platinum Products: Although less emphasized, Augusta may provide select platinum bullion upon request depending on market demand.
All products meet IRS standards, so you can include them in a self-directed IRA without issue.
FAQ
Augusta offers bars from top refiners like Valcambi and Credit Suisse. While you can express a preference, availability depends on market supply at the time of purchase.
All gold bars sold by Augusta are investment-grade and sourced from reputable refiners. They are typically newly minted, but the key is that they meet purity and IRA standards.
No, Augusta only serves U.S. customers and ships within the United States. International shipping is not currently available.
Delivery times vary, but most direct purchases are shipped within 7–10 business days after payment is cleared and the price is locked in.
Their buyback program typically applies to metals purchased through Augusta. However, it’s worth asking your rep about current policy if your bars meet their standards.
Yes, you can diversify within your Gold IRA by including a mix of gold coins and bars, as long as they all meet IRS requirements.
