Augusta Precious Metals vs Goldco: Which is better?

Goldco Overview

Birthed in 2006 and headquartered in Woodland Hills, California, Goldco (Goldco Precious Metals) is a brokerage firm for precious metal assets. They specialize in self-directed precious metal IRAs, among other investment options for precious options. The company has a strong reputation and glowing accolades for its dedication to helping investors secure and balance retirement wealth via precious metals.

Unlike most rival precious metal dealers, Goldco prides itself in offering a wide range of precious metal investments based on multiple metals, including gold, silver, platinum, and palladium. In addition, they partner with trusted precious metal custodians and depositories to present customers with a world-class experience in precious metals storage security, service reliability, asset diversity, and customer suppor

Precious Metals Investing Services at Goldco

Goldco is the go-to firm for investors keen to expand their retirement portfolios in alternative non-volatile assets. Rather than use unstable assets like bonds and stocks, Goldco enables you to channel your investment into the more stable precious metals market. As a result, they’re the one-stop shop for investors seeking hands-off investment alternatives to conventional investment options.

You can access a full-house package of precious metal brokerage products and services from Goldco. These include IRS-accredited precious metals IRAs, non-IRA (direct) sale of precious metal assets, and a buy-back offer for the precious physical metals. However, their main focus is offering top-class precious metal IRA services.

A Goldco self-directed gold or silver IRA enables you to diversify investments for future financial freedom and stability. It allows you to hold wealth in high-value physical metals such as gold, silver, platinum, and palladium. While this may seem a little old school, it’s a surefire way to safeguard your retirement wealth against the constant value fluctuations of the dollar and other liquid financial assets.

Opening a precious metals IRA with Goldco is a straightforward process. Here’s the rundown:

1. Contact the Goldco support specialists directly via phone call or the responsive online contact form on their website

2. Go through your financial objectives with the firm’s representative. They’re personable experts who listen patiently before guiding you to the best precious metal investment opportunities. 

3. Provide all required personal and financial details to open your new Goldco precious metals IRA

4. Set up an account with a suitable IRS-accredited IRA custodian. The firm recommends a list of custodians they regularly work with, but you can also choose your preferred one. Fund your Goldco IRA by depositing a minimum of $25,000 directly or transferring the funds from another supported retirement package 

5. Review the available precious metals on the Goldco catalog and select the coins and bars you want to add to your gold or silver IRA. Once the process is approved, the firm delivers your cache of precious metals to your chosen depository. 

6. As your IRA administrator, Goldco purchases the precious metals as a broker before shipping them to the selected depository for safe storage. Then, whenever you want to cash liquidate your precious metals cache, the company allows you to sell them back to them or third-party dealers.

Besides world-class gold and silver IRA brokerage, Goldco also enables investors to buy IRS-approved precious metal bullion and coins for their IRA and private collections. They coordinate with IRS-accredited custodians and storage facilities for the safe and convenient storage, access, and monitoring of these assets. Moreover, they’re industry leaders in providing Simple IRA and SEP IRA Planning along with Roth and Traditional IRA Planning.

Fees

Goldco isn’t 100% forthcoming with information on product and service costs on their website. However, these are the general fees you can expect to incur:

• One-off $50 Goldco IRA set up fee
• A one-time wire fee of $30
• Minimum account investment of $25,000 for either silver gold IRA 
• Annual maintenance fee of $80
• $150 annual cost for segregated IRA storage
• $100 annual fee totalling for non-segregated IRA storage

Is Goldco a Scam or Legit?

Goldco is a completely legit precious metals brokerage firm. Based in California, the enterprise caters to the global needs of investors looking to broaden their retirement financial muscle via hands-off assets. They offer a full-scope precious metals investment service pack consisting of gold and silver IRAs, direct (cash) precious metals purchase, first-class customer support, and funding rollover from existing IRAs to Goldco precious metal IRAs.

With over a decade of experience in precious metals investments, Goldco is at the forefront of helping investors secure, expand, and insure retirement portfolios in alternative investments

Augusta Precious Metals Overview

Since its inception in 2012, Augusta Precious Metals has been offering a variety of legit ways for investors to diversify wealth via precious metals investments. The service-oriented family-owned enterprise has close to 10 years of experience in offering first-rate precious metal services. Their investment package includes gold and precious silver metals IRA services, non-IRA precious metal marketplace, and constant customer support.

If you’re looking for a trusted and established precious metals firm to partner with in building wealth for a secure retirement future, Augusta Precious Metals is worth looking into. They’re specialists in self-directed IRA and selling gold and silver outside IRA arrangements. Read on to learn more about the company;

Let’s take a closer look at August Precious Metals:

Gold IRA Investing Services at Augusta Precious Metals

Augusta Precious Metals offers up opportunities to load up retirement packages with physical gold and silver. Unlike most other precious metal IRA providers, however, this firm incorporates specialized personnel and departments in each stage of IRA investment. This not only streamlines the process for investors but also has major cost-saving perks.

The award-winning firm dedicates itself to providing investors with the ultimate experience in reliability, simplicity, and transparency in precious metal IRA investments. Once you decide to open a precious metals IRA with the firm, they assign you an expert to walk you one-on-one through the entire process. Here’s a breakdown of the entire straightforward procedure:

1. Contact Augusta Precious Metals and present your query. They’ll assign you a customer success agent as liaison in the entire procedure to guarantee you customer satisfaction
2. Learn the latest trends in the gold and silver precious metal market via online or phone discussions with the firm’s economic education department
3. Open a precious metals IRA with Augusta Precious Metal. The firm’s IRA Processing team prompts you to choose a gold IRA custodian to store your precious metals. These custodians are not only legit and IRS-approved but also offer competitive pricing and asset insurance. Some of the firm’s preferred gold IRA depositories include:

• The Delaware Depository
• Jackson, Ohio
• Los Angeles, California
• New Castle, Delaware
• Salt Lake City, Utah
• Mississauga, Ontario, Canada
• Wilmington, Delaware
• Springfield Gardens, New York

This team handles the majority of the paperwork involved in funding your IRA. In addition, you can choose to either purchase gold or silver directly from Augusta Precious Metals or rollover part or entire wallet funds from another accepted retirement account.  

1. Choose the specific precious metals you want to purchase. Then, the company’s Order Desk gathers your selected precious metal assets for delivery to your preferred depository.
2. Confirm your purchase of precious metals. Liaise with the Augusta Precious Metals Confirmation Teams via telephone to finalize your purchase and delivery of precious metals.   

Birch Gold Group offers a full-house precious metals package for gold, silver, platinum, and palladium. This includes sourcing, purchase, and sale of the physical precious metals, storage, and gold IRA.

What’s better for Gold IRA Rollovers: Goldco or Augusta Precious Metals?

Both Augusta Precious Metals and Goldco allow and help investors to rollover part or all funds from existing IRAs to their gold IRAs. However, Goldco tramples Augusta Precious Metals. While you can transfer the entire $25,000 from another IRA to kick-start your precious metals IRA investment at Goldco, Augusta requires you to have an initial minimum investment of a whopping $50,000. 

Moreover, Goldco is better as it allows you to purchase and hold gold, silver, platinum, and palladium assets using rollover funds. Conversely, Augusta only allows you to purchase gold and precious silver metals using the rollover finances.