Augusta Precious Metals would tell clients their spread was 29% when selling a coin.

“This claim originates from Dale Whitaker, a self-described whistleblower and former CFO of Augusta Precious Metals. In a December 2023 YouTube interview, Whitaker states that when the company sold coins to a client, they told him the spread was 29%. He alleges the company later tried to increase that spread to 50% when the client wanted to sell the coins back. While Whitaker has made these claims in multiple interviews, there is no independent, external corroboration of this specific 29% figure in legal filings, regulatory actions, or other news reports. Context: The claim is part of a whistleblower's personal testimony. While reviews of Augusta Precious Metals mention that spreads on premium coins can be high, and one site notes they can range up to 30% or more, the specific 29% figure is not independently confirmed. As of early 2026, multiple sources state Augusta Precious Metals has no recorded lawsuits or formal regulatory complaints against it.”