Precious Metals IRAs are a great option for investors that are seeking stability in a volatile economy. It is a more stable investment option than traditional investments as physical asset investments are resistant to economic fluctuation.
You gain peace of mind with the knowledge that your retirement savings are in a low-risk investment account.
Precious Metal IRAs are often called Gold or Silver IRAs. These types of retirement accounts are a boon to retirement investors because they offer tax benefits and are low-risk.
Deciding to invest in precious metal IRAs is easy, but choosing the right precious metals IRA company seems much more difficult.
There are dozens of companies to choose from and it may seem like there is very little difference between them. What company should you choose to help safeguard your retirement savings?
This guide gives detailed information about two of the leaders in the field: Augusta Precious Metals and Noble Gold. We hope that it provides the assistance you need to make the best decision for you and your future.
Augusta Precious Metals
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No other company has 4 dedicated departments like Augusta does. They have a customer success agent, a legal team, an order desk, and an economic analytics team. The legal team will take care of more of your legal paperwork, too.
Looking for a professional, client success-driven company and your 1st year of investing with no fees?
With Augusta, you have found it.
Overview: Augusta Precious Metals
Augusta Precious Metals is a Gold and Silver IRA brokerage company that was founded in 2012. Augusta has a reputation in the industry for its transparent business practices and comprehensive customer service.
One of the most unique services that Augusta offers is that it offers lifelong support to its customers. As long as you maintain an account with Augusta its highly knowledgeable representatives remain a valuable resource to you.
Augusta offers both gold and silver products for sale. This includes bullion, bars, and collector coins. They do not have online account management.
Augusta is a leader in the industry, well respected, and rated extremely well with industry regulatory bodies such as the Better Business Bureau, TrustLink, and the Business Consumer Alliance. They have excellent reviews from their current and former customers with an overall average satisfaction rating of 4.6 out of 5 stars.
Overview: Noble Gold Investments
Noble Gold is a precious metals brokerage company that has been in business since 2016. It is unique in the industry due to its strong relationship with other financial institutions. Noble Gold consults with other financial institutions to provide a more comprehensive service to its customers. It also offers an online account management tool that gives you access to your information at your convenience.
Noble Gold is known for its quick and painless process from start to finish. It has a rapid turnaround time from the time when the purchase is made to when the precious metals are delivered to the secure depositories. It calls the process the 5-Minute individual retirement account. It offers gold, silver, platinum, and palladium products as well as collector coins.
Noble Gold only offers storage within the United States. Precious metal IRAs are stored by International Depository Services and are insured by Lloyd’s of London.
Noble Gold is well-reviewed by customers and industry regulatory bodies. The Better Business Bureau ranks it as A+ and the Business Consumer Alliance gives it a AA. It has a 5 out of 5 stars with TrustLink and ConsumerAffairs. Previous and current customers rank it 4.8 out of 5 stars on average.
Augusta Precious Metals & Goldco Comparison Chart
Header | Augusta Precious Metals | Noble Gold |
---|---|---|
Company Founded | 2012 | 2016 |
Minimum Investment | $50,000 | $2,000 |
Avg Comprehensive Rating | 4.9 | 4.8 |
Precious Metals Available | Gold & silver | Gold, silver, platinum, & palladium |
Is Price Matching Available? | Yes | Yes |
Assistance with Current IRA Rollover? | Yes | Yes |
Average Delivery Time | 2 weeks | Fast delivery & free delivery any time you want to take your metals out |
Customer Support Level | Life-long comprehensive and personalized support | Readily available support during the investment process |
Buy-Back Program? | Yes | Yes |
Rollover Opportunities: Augusta Precious Metals
Augusta Precious Metals offers rollover opportunities from traditional IRAs and 401(k)s into Gold and Silver IRAs. Augusta’s customer service agents make this process as simple as possible. From the moment that you contact them, they assist in all required paperwork and streamline the process as much as possible.
Augusta makes rolling over traditional IRAs into Gold IRAs stress-free.
Investors can choose to roll over the entire account or a partial amount. Either option is tax-advantageous and the easiest way to fund the new account.
Rollover Opportunities: Noble Gold Investments
Noble Gold Investments does support customers that wish to roll over existing IRA accounts. Rolling over existing accounts is part of the process of opening a Gold or Silver IRA account through Noble Gold. The first step in this process is to complete a form available on its website. A customer service agent will then get into contact to assist in the rest of the process.
Noble Gold really prides itself on its quick turnaround time. From first contact to delivery of your precious metals, they strive to make the process simple and fast.
Fees: Augusta Precious Metals
Augusta Precious Metals is exemplary in the industry for its transparency in its fee structure. Augusta openly publishes all of the types of fees that it charges as well as the amount. Unlike many competitors that have hidden and variable fees, Augusta is upfront and transparent with its customers.
This is a comprehensive list of Augusta’s one-time and annual fees:
Header | Augusta Precious Metals |
---|---|
One-time account setup fee | $50 |
Annual custodial fee | $80 |
Annual depository storage fee | $100 |
Shipping and transit costs | Waived |
Minimum investment | $50,000 |
Cost of precious metals | Fluctuates according to market value |
Fees: Noble Gold Investments
Noble Gold publishes a limited list of their fees upfront. Additional fees do apply, including an account setup fee.
Header | Noble Gold Investments |
---|---|
Annual maintenance fee | $80 |
Annual storage fee | $150 |
Minimum investment | $2,000 |
Cost of precious metals | Fluctuates according to market value |
Choosing Between Augusta Precious Metals and Noble Gold Investments
On the surface, Augusta Precious Metals and Noble Gold are very similar precious metal IRA brokers. There are key differences between the two that should be considered when selecting the company that is best for you.
Noble Gold’s quick turnaround time and 5-Minute individual retirement account are a great benefit. It also offers simple purchasing packages called Survival Kits that range from $5,000 to $500,000. This streamlines the process from start to finish. They also offer a wide range of products in gold, silver, platinum, and palladium. However, the lack of personalized purchases limits investors’ options.
Augusta Precious Metals provides a comprehensive life-long customer service experience in that their agents are available to investors for the entire time they have a precious metals IRA account. Augusta is well-known for its transparent business practices, no hidden fees, and commitment to helping customers select the gold and silver products that best suit their investment goals.
Choosing between these two companies is ultimately dependent on what you value most. We recommend both of them, with years of client success and positive feedback to validate them! For more choices, check out our Goldco review, Birch, and American Hartford review.
$2,000 Minimum Investment | *Most Inclusive *Best delivery |