Risk Disclosures

1. Pricing and Buybacks.

Augusta Precious Metals (“Augusta”) sale prices and buyback prices are set internally by Augusta and are subject to change at any time for any reason without notice to Customers. Common Bullion Products are priced by Augusta for both sale and potential buyback for the most part based on the “melt value” of the product as defined below. Premium Products, however, are typically priced by Augusta for both sale and potential buyback at a premium above the melt value. This premium is solely determined and controlled by Augusta, based on factors Augusta deems relevant. If Augusta is unwilling or unable to buyback Premium Products at a premium above “melt value,” then the worst-case scenario is that you will be able to sell them at their “melt value.”

Other retailers may not recognize the value that Augusta places on its premium coins and may only be willing to pay as little as the melt value of the precious metals contained in each premium coin, or less. Selling this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale may result in a substantially lower buyback price than Augusta may offer and could also result in significant losses. Augusta does not guarantee that it will buy back any item that Augusta sells, and Augusta does not guarantee that another retailer will purchase one of Augusta’s premium coins. There is a risk of significant loss if Augusta is unwilling or unable to buyback any item it sells.

Augusta’s sale prices and potential buyback prices are not necessarily related to, or affected by, the sale prices or potential buyback prices at which other retail or wholesale precious metals dealers or institutions buy, sell, or value the same or similar products.

a. Margin

Augusta’s pricing methodology builds in a “Margin” (or “markup”) that covers, among other things, advertising, employee salaries and commissions, and Augusta’s profits. The Margin in terms of dollars is calculated by subtracting the price Augusta pays for its products (“Augusta’s Cost”) from the price at which Augusta sells the products to Customers (“Augusta’s Retail Sales Price”) and the Margin in terms of percentage is calculated by dividing the difference between Augusta’s Retail Sales Price and Augusta’s Cost by Augusta’s Retail Sales Price. The Margin for Common Bullion Products and Premium Products varies based on the individual product but can be as high as 10% or higher for Common Bullion Products, and as high as 66% or higher for certain Premium Products. These numbers are only approximations and subject to change for a variety of reasons. To make a profit, Customers must sell each product for a price greater than Augusta’s Retail Sales Price.

b. Buyback, Sales, and Liquidation.

If Customers desire to receive a buy-back offer from Augusta, then Augusta may (but is not required to) offer to repurchase the products at Augusta’s current buy-back price, without charging a separate liquidation fee. Augusta has separate buy-back tiers for Common Bullion Products and Premium Products, which generally amounts to (but is not required to be) approximately a 5% discount off Augusta’s retail price of the products at the time of the buyback offer for Common Bullion Products and approximately a 33% discount off Augusta’s retail price of the products at the time of the buyback offer for Premium Products (the “Spreads”). For example, if Augusta’s retail price of Common Bullion Products at the time of the buyback offer is $100 and the Spread for Common Bullion Products is 5%, Augusta’s buyback offer under this scenario would be $95. Similarly, if Augusta’s retail price of Premium Products at the time of the buy-back offer is $100 and the Spread for Premium Products is 33%, Augusta’s buy-back offer would be $67. If Augusta is unwilling or unable to buy-back any of its products at the Spreads set forth above, then the worst-case scenario should be that you will be able to sell them to another buyer at “melt value,” defined as the value of the products determined solely for its intrinsic metal content (the weight of the metal multiplied by the “spot” price). Augusta reserves the right, unilaterally at its sole discretion, to change prospectively at its sole discretion the rate of the Spreads, and Augusta reserves the right, unilaterally and in its sole discretion, not to make a buyback offer for any reason. Augusta cannot guarantee that it will buyback Customers’ products or that Customer will make a profit if Customer sells the products to Augusta or to anyone else and cannot guarantee that buyers other than Augusta will purchase the products sold by Augusta. There is a risk of significant loss if Augusta is unwilling or unable to buyback any item it sells. If Augusta is unwilling or unable to buy back the Customers' products, then the worst-case scenario should be that Customer will be able to sell them at their “melt value” (as defined below). Customers who desire to sell Augusta products to buyers other that Augusta should be aware that other buyers typically pay less than Augusta would pay in a buyback transaction for products originally sold by Augusta. Others may refuse to buy Augusta products or other buyers may only offer “melt value.” Augusta encourages Customers to compare prices offered by other potential buyers with Augusta’s buyback prices before selling any products purchased from Augusta.

c. Melt Value.

The “melt value” is the value of the products determined solely for its intrinsic metal content and may be calculated by multiplying the weight of the intrinsic metal content by the “spot” value of the metal.

2. Objectives.

There are risks, fees and transaction costs associated with purchasing products from Augusta. Buying and selling precious metals typically involves transaction costs that could make it more profitable for customers who view their purchases of precious metals as a long-term acquisition. Augusta only intends to accept purchases of Augusta products from a Customer’s discretionary funds and Augusta does not intend to accept purchases from monies that a Customer deems necessary to cover or produce day-to-day living expenses. Products should only be purchased with discretionary funds that may be tied up for several years and not with funds necessary to cover your day-to-day living expenses.

AUGUSTA HAS NO FIDUCIARY DUTY TO YOU. Though Augusta may explain what precious metals options are available to you, the decision to purchase precious metals and which ones to purchase are your decisions and your decisions alone. Augusta is not responsible for your decisions. The purchase of Augusta products is not for everyone, and Augusta has no obligation to and makes no attempt to confirm the appropriateness of any product for any person at any time.

3. Consult with Your Financial, Tax and Legal Advisor.

Augusta does not provide legal, tax, investment or financial advice, and will not advise as to the investment, tax, or legal consequences of purchasing and selling Augusta’s products or investing in an Individual Retirement Account.. Any opinions offered by Augusta regarding Augusta’s products are not legal, tax, or investment opinions, are not statements of fact, and are not to be relied on by anyone for any purpose. All content that Augusta produces or provides may contain errors and Customers should not base investment decisions solely on any content Augusta produces or provides. It is important that Customer consults Customer’s own investment, financial, tax, and/or legal advisers with any questions Customer has regarding the consequences of any purchase, sale, or investment. Augusta does not sell any product which is exempt from applicable taxes.

4. Volatility.

Augusta products may be subject to substantial fluctuations including significant and rapid increases and decreases from time to time. You assume and tolerate the risk of such price fluctuations if you decide to purchase from Augusta. No assurance can be given that you will be able to sell your products at a price greater than or equal to the acquisition cost. You could lose money.

5. Agents and Team Members.

Augusta’s agents and team members are generally commissioned salespeople. Their salary is based, at least in part, on the amount and profit margin of the products they sell, and they may receive higher compensation for selling Premium Products instead of Common Bullion Products. Augusta’s agents and team members are not licensed investment or financial advisers, and they have no fiduciary duty to you. It is your responsibility to learn and consider all risks, prices, and policies relating to your purchase.

6. Grading/Authenticity.

Grades and descriptions of products are opinions based on standards and interpretations that can and do change over time and are not statements of fact or guarantees. Augusta is not a grading service, and relies upon the certifications of independent grading services in selling the products. Augusta does not independently verify the grade or authenticity of the products it sells. While Augusta guarantees that all the products it sells are genuine, the products sold by Augusta are sold on an “as is” basis and Augusta expressly disclaims any other warranties, express or implied, including the implied warranties of merchantability and fitness for a particular purpose, and any warranties associated with the grades assigned to the products by independent grading services.

7. Augusta DOES NOT Give Tax, Financial and Legal Advice.

Augusta does not give tax, financial, investment or legal advice, and will not advise as to the potential tax, financial or legal implications of purchasing and/or selling precious metals products in an Individual Retirement Account or otherwise. It is important that you consult your own tax, financial, investment and legal advisors with any questions about the potential tax, financial and/or legal implications of any precious metals purchase or sale.