Augusta Precious Metals Reviews, Complaints, Fees and Ratings

Augusta Precious Metals lawsuit is one of the most respected sellers of gold and silver individual retirement accounts in America, providing investors with a way to diversify retirement investments in physical form as precious metals. Like every financial firm, however, it has had its own share of fee problems, customer complaints, and lawsuits.

This is a full report that summarises Augusta Precious Metals’ reputation, fees, reviews, ratings, and whether any big lawsuit or scandal has ever taken place. If you’re about to invest with them, this report will be able to help you make the right choice.

1. Description of Augusta Precious Metals

Augusta Precious Metals is all about helping investors roll over existing retirement accounts (401(k)s and IRAs) into IRS-approved gold- and silver-backed self-directed IRAs. Augusta Precious Metals was founded by Isaac Nuriani in 2012 and has a presence in Beverly Hills, California.

Key Features:

• Gold & Silver IRAs – Allows investors to invest in IRS-approved precious metals in a tax-advantaged retirement account.
• Educational Focus – Offers free webinars and one-on-one consultations to educate investors.
• High Transparency – Known for clear pricing and no hidden fees (though some critics argue otherwise).
• BBB A+ Rating – Accredited by the Better Business Bureau with high customer satisfaction ratings.

 

Despite its strong reputation, Augusta has faced some complaints and legal questions, which we’ll explore below.

2. Augusta Precious Metals Reviews & Ratings

A.. Better Business Bureau (BBB) Rating

• Rating: A+ (Accredited since 2015)
• Customer Reviews: 4.97/5 (from over 200 reviews)
• Complaints: Less than three years ago, the majority were resolved.

B. Trustpilot Reviews

• Rating: 4.9/5 (Excellent)
• Positive Feedback: Augusta clients appreciate customer service, clarity, and educational materials.
• Negative Feedback: Some pushy sales complaints and high-fee complaints.

C. Consumer Affairs Rating

• Rating: 4.9/5 (based on over 130 reviews)
• Common Praises: Friendly staff, easy IRA rollover process.
• Common Complaints: Some investors were pushed to invest.

D. Google Reviews

• Rating: 4.8/5
• Trend: Complaints are mostly regarding miscommunication of fees and not fraud or scams.

3. Augusta Precious Metals Complaints: What Do Clients Say?

While Augusta has mostly positive reviews, some customers have raised concerns, including:

A. High Fees

Augusta charges several fees, including:

• One-Time Setup Fee: $50
• Annual Custodian Fee: 80−80−100 (varies by custodian)
• Storage Fees: 100/year(non−segregated)or100/year(non−segregated)or150/year (segregated)
• Markup on Coins/Bars: Typically 5%-10% over spot price
• Criticism: Certain investors believe that the fees charged by the company are way too exorbitant and cannot favorably compete with those of other contractors such as Goldco or Birch Gold Group.

B. Aggressive Sales Practices?

Some customers have complained that Augusta’s sales representatives are aggressive, especially on free consultation calls. Most of these reviews state that the company provides information without applying aggressive sales practices.

C. Misdescription of IRA Regulations

Some investors were unaware of the IRS rules of precious metal IRAs and were frustrated when they were not offered tax-free physical delivery of the metal.

D. Delayed Shipments (Unusual)

Complaints are rare. But Augusta tends to resolve such issues promptly.

4. Augusta Precious Metals Lawsuit: Is Augusta Under Legal Scrutiny?

One of the bigger questions that are on the minds of potential investors is whether or not Augusta Precious Metals has been sued and/or been part of scams.

A. Has Augusta Been Sued?

There are no prominent class-action cases or fraud allegations against Augusta Precious Metals through 2024. Augusta’s record is spotless relative to some of the competition that’s competing against them and getting bullied by regulators.

B. Past Controversies & Regulatory Scrutiny

2018 FTC Precious Metals IRA Company Crackdown – Augusta just so happened not to be among the companies that were penalized for deceptive advertising.

SEC & CFTC Alerts – The SEC has warned investors away from gold IRA scams, then there is Augusta to anticipate.

C. Joe Montana Endorsement Sponsorship – Sponsored or Genuine Message

Augusta’s most famous representative is NFL Hall of Fame football legend Joe Montana, who became a representative after he invested with them. There has been controversy about whether or not this is actually an endorsement or merely a publicity stunt. Regardless, Montana has openly, on the record, stated that he believes Augusta is capable enough to handle his own investments.

5. Augusta Precious Metals vs. Competitors

How does Augusta stack up against other top gold IRA companies?

Feature	Augusta Precious Metals	Goldco	Birch Gold Group
BBB Rating	A+	A+	A+
Minimum Investment	$50,000	$25,000	$10,000
Fees	50setup+50setup+100-$150/yr	Similar	Similar
Lawsuit History	None	None	None
Educational Focus	Strong (Free Webinars)	Good	Good

Verdict: Augusta is best for high-net-worth investors ($50K+ minimum), while Goldco and Birch Gold are better for smaller investors.

6. Is Augusta Precious Metals a Scam or Legit?

According to the lack of lawsuits, A+ BBB rating, and overall positive reviews, Augusta appears to be a good, reliable company. But:

Pros:

✅ Transparent fee model

✅ Great educational resources

✅ Great customer satisfaction ratings

✅ No major court cases

Cons:

❌ Extremely high initial investment ($50,000)

❌ Fees that create complaints

❌ Complaints about pushy salespeople

7. Final Verdict: Should You Invest with Augusta Precious Metals?

Best For:

• Investors who have $50,000+ to put into a gold IRA.
• Those who want education-first guidance (free webinars & consultations).
• People are seeking a trusted company with a clean legal record following the Augusta Precious Metals lawsuit.

Not Ideal For:

• Small investors (under $50K).
• Those looking for the lowest possible fees.
• Anyone who wants to store metals at home (IRA rules require third-party storage).

8. How to Get Started with Augusta Precious Metals

If you’re interested, follow these steps:

• Request a Free Gold IRA Guide (via their website).
• Attend a Free Webinar (to understand the process).
• Consult an IRA Specialist (personalized guidance).
• Fund Your Account (transfer or rollover).
• Choose Your Metals (Augusta facilitates your IRS-approved choice).
• Conclusion: Is Augusta Worth It?

Augusta Precious Metals ranks as one of the superior-rated gold IRA dealers with excellent transparency and zero adverse lawsuits. Though its fee is marginally greater than others, its tutorial philosophy and support function make it a head-of-the-line operator among sage investors.

Final Recommendation:

Augusta is a decent choice if you can invest $50,000 and are looking for a long-term, secure precious metals IRA. However, shop policies and fees should always be given to competitors first.

Would you invest with Augusta? Let us know in the comments!

FAQs About Augusta Precious Metals

Q: Is Augusta Precious Metals being sued?

A: No. Up to 2024, there have been no suits against Augusta.

Q: How much do I invest with Augusta?

A: $50,000 in a gold IRA.

Q: Are their fees high?

A: A little higher than some but truly upfront.

Q: Is the Joe Montana endorsement authentic?

A: Paid endorser but also publicly sworn under oath in their interest.

Q: Do you home-store my gold?

A: No, there are third-party IRS-registered gold IRAs to store in.