Augusta Precious Metals vs American Bullion
Augusta Precious Metals vs American Bullion Comparison
Key Takeaways
- Augusta Precious Metals is highly rated for its transparency and educational resources, offering free one-on-one webinars with a Harvard-trained economist.
- American Bullion is known for its comprehensive Gold IRA services and has been a pioneer in the field since 2009.
- Augusta has received numerous industry-wide accreditations, enhancing its credibility.
- Both companies offer strong customer support, but Augusta is noted for its lifetime account support.
- Augusta Precious Metals often stands out for its compliance procedures and transparent pricing.
Augusta Precious Metals Overview
Augusta Precious Metals has established itself as a leader in the precious metals industry. Known for its transparency and customer-centric approach, Augusta offers a range of services designed to educate and assist investors in making sound decisions. The company has been recognized for its transparent pricing and strong compliance procedures, earning accolades such as “Best Overall Gold IRA Company” by Money Magazine for three consecutive years.
What sets Augusta apart is its dedication to education. They offer free, personalized webinars led by an on-staff Harvard-trained economist, ensuring investors have the knowledge they need to succeed. This commitment to education is a cornerstone of their business model, allowing clients to feel confident and informed about their investment choices.
American Bullion Overview
American Bullion emphasizes customer satisfaction, striving to ensure that each transaction is smooth and transparent. The company offers a wide range of IRA options, including Gold, Silver, Platinum, and Palladium IRAs, providing flexibility for investors looking to diversify their holdings.
American Bullion’s dedication to customer service is evident in their comprehensive resources, including investment guides and FAQs, designed to help clients navigate the complexities of precious metals investment.
Gold IRA Services
Augusta’s Gold IRA
Augusta Precious Metals offers a streamlined process for setting up a Gold IRA, focusing on transparency and simplicity. The company provides a dedicated account representative to guide investors through each step, ensuring a hassle-free experience. Additionally, Augusta’s compliance procedures are top-notch, with regular third-party audits to maintain high standards.
One of the standout features of Augusta’s Gold IRA service is its educational component. Investors have access to a wealth of resources, including personalized webinars and educational materials, empowering them to make informed decisions about their investments.
American Bullion’s Gold IRA
American Bullion takes a comprehensive approach to Gold IRAs, offering a wide range of precious metals options and flexible account setups. The company’s expertise in converting existing retirement accounts into Gold IRAs is a significant advantage for investors looking to diversify their portfolios.
With a focus on customer satisfaction, American Bullion provides detailed investment guides and resources, helping clients understand the benefits and risks associated with precious metals investments. This commitment to education and transparency makes American Bullion a strong contender in the Gold IRA market.
Years in Business / Minimum IRA Investment Comparisons
| Started in Business | Minimum IRA Investment Levels | |
| Augusta Precious Metals | 2012 | $50,000 |
| American Bullion | 2009 | Not disclosed |
Independent Ratings Compared
Ratings at Better Business Bureau (BBB), Business Consumer Alliance (BCA) and Trustlink:
| BBB | BCA | Trustlink | |
| Augusta Precious Metals | A+ | AAA | 5 out of 5 Stars |
| American Bullion | A+ | AAA | 5 out of 5 Stars |
Company Credibility & Reputation Compared
Industry-wide Accreditations
Augusta Precious Metals has garnered several prestigious accreditations, underscoring its leadership in the industry. The company has been recognized as the “Best Overall Gold IRA Company” by Money Magazine for three consecutive years and has received the “Most Transparent Pricing” award from Investopedia for the past two years. These accolades highlight Augusta’s commitment to transparency and customer satisfaction.
Furthermore, Augusta has been awarded the “Best of” by Trustlink multiple times, further solidifying its reputation as a trusted and reliable company. These industry-wide recognitions reflect Augusta’s dedication to maintaining high standards and delivering exceptional service to its clients.
American Bullion, while not as extensively accredited, has built a solid reputation through its focus on Gold IRA services and customer satisfaction. The company’s commitment to providing comprehensive resources and support has earned it a loyal customer base and positive feedback from clients.
Complaints Compared
Complaints registered at Better Business Bureau (BBB) and Business Consumer Alliance (BCA):
| BBB | BCA | |
| Augusta Precious Metals | ZERO (All Time) | ZERO (All Time) |
| American Bullion | 0 complaints closed in last 3 years
0 complaints closed in last 12 months |
0 in last 3 years |
Gold IRA Fees Compared
| Set up Fees | Admin Fees (annually) | Storage Fees (annually) | |
| Augusta Precious Metals | $50 + $30 wire fee | $80 | $150 for segregated $100 for non-segregated |
| American Bullion | Not disclosed | Not disclosed | Not disclosed |
Client Education and Resources Compared
Education is a critical component of successful investing, and both Augusta Precious Metals and American Bullion recognize its importance. Augusta goes above and beyond by offering free, personalized webinars with an on-staff Harvard-trained economist. This unique offering provides investors with valuable insights and guidance, empowering them to make informed decisions about their precious metals investments.
In addition to webinars, Augusta provides a wealth of educational resources, including articles, videos, and guides. These resources cover a wide range of topics, from the basics of precious metals investing to more advanced strategies, ensuring that investors of all experience levels can benefit.
American Bullion also prioritizes education, offering comprehensive investment guides and FAQs to help clients understand the intricacies of Gold IRAs. Their resources are designed to simplify the investment process, making it accessible to investors who may be new to precious metals.
Customer Service and Support Compared
Exceptional customer service is a hallmark of both Augusta Precious Metals and American Bullion. Augusta takes a proactive approach by providing lifetime account support to its clients. This commitment ensures that investors have access to assistance and guidance throughout their investment journey, fostering long-term relationships and trust.
American Bullion also excels in customer service, with a focus on personalized support and clear communication. Their team of experts is readily available to answer questions and address concerns, helping clients navigate the complexities of precious metals investing with confidence.
Both companies have received positive feedback for their customer service, but Augusta’s dedication to lifetime support sets it apart as a leader in client care.
Peace of Mind Guarantees Offered
Augusta offers an initial ‘7 Day Money Back Guarantee’ followed up by a ‘100% Satisfaction Guarantee’. The latter enables customers to seamlessly switch to a different provider if they are not totally satisfied with Augusta’s services.
American Bullion takes a different peace of mind approach. Without offering guarantees as such, they ensure that all transactions are conducted with the utmost integrity and transparency.
Buyback Programs Offered
Buyback programs are an important consideration for investors looking to liquidate their precious metals holdings. Augusta Precious Metals offers a straightforward buyback program, which is backed up with a ‘Highest Buyback Guarantee’.
American Bullion also offers a buyback program, allowing clients to sell their precious metals back to the company. While both companies provide this service, Augusta’s emphasis on transparency and competitive pricing enhances its appeal to investors seeking a reliable buyback option.
My Verdict: Why Augusta Precious Metals Comes Out on Top
After a thorough comparison of Augusta Precious Metals and American Bullion, it’s clear that both companies offer valuable services to investors. However, Augusta Precious Metals stands out for several reasons:
Augusta’s industry-wide accreditations and numerous awards highlight its leadership in the field, while its dedication to providing personalized educational resources empowers investors to make informed decisions. The company’s lifetime account support further enhances its appeal, ensuring that clients feel valued and supported throughout their investment journey.
While American Bullion offers strong Gold IRA services and customer support, Augusta’s emphasis on transparency, compliance and education plus its unblemished complaints record ever at BBB and BCA make it stand out as the superior choice.
VISIT AUGUSTA PRECIOUS METALS >>
CALL AUGUSTA: 855-386-4202
About the Author: Doug YoungDoug is a highly experienced professional and widely trusted authority in financial investing, commodity trading, and precious metals. With over 20 years of expertise, he helps others make informed decisions by sharing a combination of personal experience, extensive knowledge and meticulously researched information on gold IRAs, precious metals investing and retirement planning. He regularly writes news items on these topics. He has considerable experience of evaluating Gold IRA and Precious Metals Companies, gained over a period spanning more than a decade.
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