| Attribute | Augusta Precious Metals IRA | OWNx IRA |
| Minimum Investment | $50,000 minimum requirement | No minimum investment |
| Metals Offered | Focuses on gold and silver coins | Offers gold, silver, and platinum |
| Unique Features | Personalized service, extensive educational resources, and free webinars | Fractional investing, zero premiums, 24/7 access via mobile app and online dashboard |
| Setup/Maintenance Fees | One-time $50 setup fee, annual fees between $75 and $125 | Annual maintenance fee of $249 |
| Storage Fees | Varies | 0.5% per year, assessed monthly |
| Premium Over Spot Price | 2% – 20% markup over spot price | 0% markup over spot price |
| Investment Process | Three-step process with dedicated guidance | Simple setup through mobile app or online dashboard |
Founded in 2012, Augusta Precious Metals is a family-owned business specializing in gold and silver IRAs. Requiring a minimum investment of $50,000, Augusta offers a selection of gold and silver coins, including American Eagles and Canadian Maple Leafs. Their primary recommended storage facility is the Delaware Depository, known for its secure storage solutions. Augusta distinguishes itself with extensive educational resources and personalized service, providing lifetime assistance and free webinars for investors with $100,000 or more in savings.
Since 2008, OWNx has been revolutionizing the precious metals IRA market with its innovative approach. With no minimum investment requirement and zero premiums on metal purchases, OWNx makes investing in precious metals accessible to everyone. Investors can hold gold, silver, platinum, and palladium in their accounts and buy fractionally by weight. Focusing on technology-driven solutions, OWNx provides 24/7 access through a mobile app and online dashboard for instant buying and selling. With over 32,000 account holders and more than $300 million in transactions, OWNx is a major player in the precious metals IRA market.
While Augusta Precious Metals offers strong educational resources and personalized service, OWNx’s innovative approach provides greater accessibility and flexibility. The zero premiums, no minimum investment requirement, and ability to invest fractionally in a wider range of metals make OWNx more inclusive and provides more metal for your money.
Additionally, OWNx’s technology-driven platform, with its mobile app and online dashboard, offers convenience and real-time control over investments. The flat annual fee structure of OWNx is also more transparent and potentially more cost-effective for many investors compared to Augusta’s tiered fee system. While both companies have positive reputations, OWNx’s technology advantage provides a robust and flexible platform. For these reasons, the OWNx Precious Metals IRA stands out as the preferred choice for those seeking a modern and cost-effective approach to precious metals investing.