Birch Gold vs Augusta Precious Metals

Saturday, October 5th 2024

Precious metal investments have long been seen as an excellent financial strategy to combat inflation and diversify portfolios, yet choosing which precious metal company best meets one’s individual needs can be daunting. Two popular choices in this regard are Birch Gold Group and Augusta Precious Metals; in this article we compare and contrast them in depth based on history, product offerings, customer service standards and other characteristics in order to help make an informed decision about which will work best for your needs.

Company Background and History

Birch Gold Group: The company was established in 2003, boasting two decades of experience in the precious metals industry. Headquartered in Burbank, California, they have earned an excellent reputation among customers through customer education and transparent business practices – particularly by helping investors diversify their retirement portfolios through precious metal IRAs.

Augusta Precious Metals: The company was established in 2012, Augusta Precious Metals is another relatively recent player in the precious metals industry. Based out of Beverly Hills in California and offering personalized customer service as well as investment education – much like Birch Gold Group it specializes in precious metal IRAs for protecting retirement savings from market instability.

Precious Metals Offerings

Birch Gold Group: The company provides an expansive selection of precious metal products such as gold, silver, platinum and palladium in various forms such as coins and bars. Such as this popular option:

• American Gold Eagle (1)
• American Silver Eagle (2)
• Canadian Gold Maple Leaf
• Canadian Silver Maple Leaf
• PAMP Suisse Gold Bar
• PAMP Suisse Silver Bar

Birch Gold Group also provides investors who appreciate numismatic value a selection of pre-1933 US gold coins that could make an interesting numismatic investment opportunity.

Augusta Precious Metals: The company offers an expansive selection of precious metal products, such as gold, silver, platinum and palladium coins and bars. popularly chosen among investors such as:

• American Gold Eagle
• American Silver Eagle
• Canadian Gold Maple Leaf
• Canadian Silver Maple Leaf
• Perth Mint Gold Bar
• Perth Mint Silver Bar

Augusta Precious Metals does not carry pre-1933 U.S. gold coins like those offered by Birch Gold Group; therefore, it only offers American Gold Eagle and Silver Eagle coins and Perth Mint Gold Bar and Silver Bar products for purchase.

Precious Metals IRA Services

Birch Gold Group and Augusta Precious Metals specialize in setting up and managing precious metals IRAs – individual retirement accounts (IRAs) which enable investors to hold physical precious metals like gold and silver instead of traditional assets like stocks and bonds – instead. Here is an overview of both companies’ respective services for managing precious metals IRAs:

Birch Gold Group: The company provides an easy process for setting up precious metals IRAs. Their partner custodians include Equity Trust and STRATA Trust to help investors select one best suited to them and the Birch Gold Group team guides clients through each step of this IRA setup process, such as:

• Opening a Self-Directed Individual Retirement Account (IRA) could provide substantial tax advantages.
• Birch Gold Group provides services and expertise that facilitate transferring or rolling over funds from an existing retirement account into an Individual Retirement Account
• Purchasing precious metals for the IRA
• Storage in a third-party depository

Birch Gold Group also helps clients with annual reporting requirements and account maintenance needs.

Augusta Precious Metals: The company follows a similar process to Birch Gold Group when creating precious metal IRAs for clients, working alongside established custodians such as Kingdom Trust and New Direction Trust Company to set them up with precious metal IRAs. Furthermore, Augusta Precious Metals provides personalized support throughout this entire process, such as:

• Open a self-directed IRA account.
• Facilitating the transfer or rollover of existing retirement account assets
• Helping clients purchase precious metals IRAs.
• Cooperate with third-party depositories such as Delaware Depository, or Brink’s Global Services to secure storage for metals.

Augusta Precious Metals stands out by providing investors with its proprietary “7-Step Precious Metals IRA Success Process,” an approachable yet comprehensive guide through each step of their investment experience, to guarantee an effortless journey and experience.

Reputation and Customer Service

Birch Gold Group: The company is known for their exceptional customer service and commitment to educating clients about investing in precious metals. Each client receives personalized assistance from one of their precious metal specialists as they navigate a smooth IRA setup process. In recognition of this strong industry presence, they earned both an A+ rating from Better Business Bureau (BBB) and 5-star reviews on Trustpilot. Reflecting an A+ standing with both ratings organizations.

Augusta Precious Metals: The company offers personalized customer service as a cornerstone of its business model. Investors work directly with an assigned Customer Success Agent for assistance during the precious metals IRA application process and ongoing support from Augusta’s analytics team. Augusta also prides itself on investing education with webinars, articles, and an in-house analytics team aimed at offering best possible support to each investor enrolled with Augusta’s precious metals IRA – offering numerous resources such as webinars. Like Birch Gold Group, Augusta Precious Metals boasts both A+ ratings from Better Business Bureau as well as 5-star Trustpilot reviews that demonstrate its dedication towards customer satisfaction!

Pricing and Fees

Both Birch Gold Group and Augusta Precious Metals aim to offer their precious metal products at highly competitive rates, typically taking into account current spot price of precious metals plus an appropriate premium. It is crucial for investors to review prices between companies to make sure they receive fair deals.

In terms of IRA fees, both companies have similar fee structures, which include:

• IRA setup fees
• Annual custodian fees
• Annual storage fees

The exact charges will differ based on the IRA custodian and storage facility. It is essential for investors to investigate and compare fees before committing to a precious metals IRA provider.

Conclusion

Birch Gold Group and Augusta Precious Metals are both reliable precious metals companies with established customer services that specialize in helping investors diversify their retirement portfolios via precious metal IRAs. Both offer personalized assistance through each stage of setting up the account setup process to provide personalized assistance with setting up their IRA.

Birch Gold Group and Augusta Precious Metals both provide similar product offerings and IRA services; however, there are key distinctions that make each provider distinct, including Birch Gold Group offering pre-1933 U.S. gold coins versus Augusta Precious Metals’ 7-Step Precious Metals IRA Success Process. Your decision between Birch Gold Group or Augusta Precious Metals should ultimately depend on personal preferences, investment goals, and specific requirements. Research both companies thoroughly prior to selecting between one company over another!

Are you ready to include gold and silver in your retirement savings portfolio?

An investment in gold or other precious metals can help you diversify your portfolio of investments. Because gold has little or zero connection with equity or bonds, it decreases the risk to you completely. You can put your money into gold through specialized gold IRA coordinators, which you can learn more about below.

Learn more about: Hartford Gold Group promotion
Learn more about: Goldco Precious Metals fees
Learn more about: Advantage Gold silver
Learn more about: Noble Gold promotion
Learn more about: Rosland Capital reviews
Learn more about: Lear Capital scam
Learn more about: Patriot Gold
Learn more about: Oxford Gold Group
Learn more about: Regal Assets promo

• Author Details

Christopher Horne

Editor , Rare Metal Blog

https://www.raremetalblog.com/about/

metalblograre@gmail.com