Is Augusta Precious Metals a Scam?

Augusta Precious Metals

Are you considering investing in precious metals and wondering if Augusta Precious Metals is a legitimate and trustworthy platform? With so many investment options available today, it’s crucial to conduct thorough research and ensure you’re putting your money into a reputable platform.

In this article, we’ll dive deep into the details of Augusta Precious Metals to determine if it’s a scam or if it’s worth your investment. So let’s get started and find out if Augusta Precious Metals is the real deal!
Learn More About Augusta Precious Metals

Company Background

Augusta Precious Metals is a family-owned and operated company that specializes in gold and silver IRAs and cash transactions. Founded in 2012 and headquartered in Beverly Hills, California, Augusta has built a solid reputation for its commitment to customer education, transparent pricing, and excellent customer service. The company is dedicated to helping people protect their retirement savings through gold and silver investments, diversifying their portfolios, and hedging against inflation.

The Augusta team is led by CEO Isaac Nuriani, a seasoned professional in the precious metals market, and widely recognized for his commitment to providing valuable market insights and practical investment advice. Augusta is also known for its high-profile endorsers such as Joe Montana, the former NFL quarterback, and Devlyn Steele, a three-decade-long industry veteran.

Augusta Precious Metals is a legitimate company and is registered with the Better Business Bureau (BBB), where it currently holds an A+ rating. The company is also a member of the Business Consumer Alliance (BCA), TrustLink, and Consumer Affairs. These organizations ensure that Augusta meets certain standards for investor protection and transparency.

Products and Services

Augusta Precious Metals offers a range of products and services geared towards investors looking to diversify their portfolios with precious metals. Here is a summary of the key offerings:

  • Gold IRA and Silver IRA: Augusta specializes in helping investors set up self-directed Individual Retirement Accounts (IRAs) backed by gold and silver. These accounts allow investors to hold physical gold and silver as part of their retirement savings, providing diversification and protection against inflation. Augusta offers a selection of IRS-approved gold and silver bars and coins, including American Eagle, Canadian Maple Leaf, and South African Krugerrand coins.
  • Precious Metals for Cash Transactions: In addition to IRAs, Augusta Precious Metals offers gold, silver, platinum, and palladium for cash transactions, allowing investors to purchase and hold precious metals directly. The company sources high-quality products from reputable mints and refiners worldwide and ensures that each product meets the highest standards of purity and weight.
  • Segregated Storage: Augusta offers fully segregated storage for its clients’ precious metals holdings. This means that your metals are stored separately and not co-mingled with other investors’ assets. The company partners with leading providers of precious metal storage services, such as the Delaware Depository and International Depository Services Group, to ensure secure storage for its customers’ investments.
  • Customer Education: Augusta is committed to providing investors with the information they need to make informed decisions. The company offers comprehensive guides, webinars, and live one-on-one consultations with knowledgeable professionals. The Augusta Analytics team, led by Devlyn Steele, provides regular market updates and analysis to help investors stay informed on precious metals trends and developments.

Pros and Cons


  1. Augusta Precious Metals has a stellar reputation in the industry, holding an A+ rating with the Better Business Bureau and receiving numerous positive customer reviews.
  2. The company offers a dedicated team of professionals to help guide investors through the process of setting up a gold or silver IRA, providing personalized customer support throughout the entire process.
  3. Augusta offers a wide range of top-quality precious metal products, ensuring that investors have a diverse selection to choose from.
  4. The company’s fully segregated storage option ensures that your precious metals are securely stored and insured, giving you peace of mind about your investment.


  1. Augusta Precious Metals does not offer online trading or account management, which some investors may prefer for convenience.
  2. The company does not deal in numismatic or collectible coins and focuses primarily on bullion products.
  3. International investors may face limitations in setting up an IRA or purchasing precious metals through Augusta, as the company primarily caters to the US market.

Negative Customer Review

The presentation was canned of course. Was not customized to fit my specific interest or level. They could have just sent a video I could watch on my own. The fees were a bit steep. As much as Joe Montana might be well known, he is already a rich guy, so I do not really associate him with the average investor.

While this customer felt that the presentation wasn’t customized and fees were steep, it’s important to remember that companies often leverage celebrity endorsements to build credibility and showcase their commitment to excellence. Furthermore, Augusta’s commitment to customer education should be applauded, as not every precious metals firm provides such a wealth of resources and guidance.

In addition, you can see in our Reviews & Ratings article, Augusta Precious Metals more often than not provides a high quality user experience as represented by their overall positive reviews.

Security and Privacy

Augusta Precious Metals takes the security and privacy of its users very seriously, implementing strict measures to protect customer data and financial information.

  • Data Security: Augusta adheres to strict data security protocols, including strong encryption, to ensure that customer information is protected at all times.
  • Account Protection: The company’s partnerships with leading storage providers like the Delaware Depository and International Depository Services Group ensure that customers’ precious metal holdings are stored securely and insured against theft or damage.
  • Privacy Policy: Augusta Precious Metals has a transparent privacy policy, outlining how the company collects, uses, and safeguards customer information. The company does not sell customer data to third parties or engage in unsolicited sales tactics.

Final Thoughts – Is Augusta Precious Metals a Scam?

After evaluating Augusta Precious Metals’ background, products, services, pros and cons, and security measures, we can conclude that Augusta Precious Metals is not a scam. The company offers a legitimate and trustworthy platform for investors looking to diversify their portfolios with gold and silver investments.

So, if you’re considering Augusta Precious Metals for your precious metal investment needs, we confidently say that it’s worth it. Just ensure you conduct thorough research, understand the risks involved, and make informed decisions that align with your financial goals and personal preferences. Click here to get started with Augusta Precious Metals today.

If you’re still unsure if Augusta Precious Metals is a scam, you might want to check out Noble Gold.

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