Blanchard Gold Review

In today’s fast-paced financial landscape, where currency values can fluctuate rapidly, many people turn to precious metals like gold and silver as a secure way to protect their finances.

That’s where Blanchard Gold comes in. It’s a key online pick for folks wanting to add things like gold or rare coins to what they own, aiming to keep their money safe.

Founded in 1975 by Jim Blanchard, who believed in investing in gold, Blanchard Gold has been helping people buy gold and other valuable items for a long time.

In this Blanchard Gold review, I’ll examine their offerings, how they help their customers, and whether there are any major concerns.

Key Takeaways

What is Blanchard Gold?

Blanchard Gold established its trustworthy reputation in 1982, earning accreditation from the Better Business Bureau.

This accreditation built customer confidence and trust. The company operates through four locations across the United States, expanding accessibility for gold investors.

Jim Blanchard, driven by his belief in gold’s potential, founded Blanchard & Company following the legalization of gold ownership.

His vision centered on gold’s role as a wealth preservation tool and investment portfolio diversifier. Through dedication, he established this company to facilitate gold investments for others.

Under Donald Doyle’s leadership beginning in 1988, the company experienced significant growth after his acquisition. Blanchard Gold has since served over 400,000 clients.

Their achievements include specializing in rare coin offerings and pioneering regulatory changes that enabled gold investments within Individual Retirement Accounts (IRAs).

Blanchard Gold’s team’s expertise in precious metals positions them to guide clients through the benefits of gold investment strategies.

David Beahm: CEO

David Beahm’s decade-long tenure at Blanchard includes significant positions such as Executive Vice President of Operations and Secretary of the Board of Directors.

His CEO responsibilities encompass strategic planning, leadership, innovation initiatives, and customer service excellence.

He maintains active involvement in operational activities while managing brand reputation and public perception.

Debbie Cash: Chief Financial Officer

Debbie Cash began her journey with Blanchard and Company in 1985 as controller, advancing to Chief Financial Officer in 2003, securing her position within the executive leadership.

Her professional affiliations include membership in the American Institute of Certified Public Accountants and the Louisiana Society of Certified Public Accountants. She holds credentials as a Chartered Global Management Accountant and Certified Treasury Professional.

L. Craig Baudot: Executive Vice President of Sales

L. Craig Baudot joined Blanchard as a Portfolio Manager in 1986. His commitment and enthusiasm led to his promotion to Sales Manager in 1991.

His career progression continued with advancement to Executive Vice President of Sales in 2001, a position he maintains presently.

Why Choose Blanchard Gold?

Blanchard Gold stands out as a premier destination for precious metals and rare coins, offering you the distinctive Blanchard Difference through their exceptional service and expertise.

The company boasts a highly experienced team of precious metals and numismatic specialists who excel at providing strategic guidance for your investment portfolio.

Their expertise helps you make informed decisions about acquiring physical assets like gold and silver, ensuring both growth potential and wealth preservation.

Blanchard Gold has built its reputation on transparency and integrity in every transaction. Their commitment to fairness extends beyond the initial purchase, as they maintain an open buyback policy, allowing you to liquidate your investments whenever needed.

This dedication to customer satisfaction and ethical business practices makes Blanchard Gold a reliable partner for your precious metals investment journey.

What Products Does Blanchard Gold Offer?

Blanchard Gold specializes in precious metals, offering gold, silver, palladium, and platinum products alongside rare collectible coins.

Gold

Gold coins remain a popular choice among investors. The 1 oz American Gold Eagle and American Buffalo stand out, priced at $2,467.40 and $2,490.50 respectively, available in multiple dates and variations.

The British Gold King Sovereign and standard Gold Sovereign, priced at $649.06 and $648.87 respectively, appeal to collectors interested in British historical pieces.

For exclusive collections, you might consider the 2023 5-piece British Gold Coronation Sovereign Set at $6,888, or the 2023 British Gold Sovereign featuring King Charles III at $1,022.

The 2023 Coronation Piedfort Sovereign and 5-Pound Sovereign, priced at $1,570 and $3,579 respectively, represent premium commemorative options.

Gold bars come protected in display-worthy cases, available up to one kilo. For smaller investments, fractional gold bullion coins provide an accessible entry point, though larger fractional pieces may exceed $1,000.

Collectors can explore special pieces like $20 Liberty coins, ranging from Very Fine to Extremely Fine conditions.

New U.S. Mint-produced gold coins feature denominations from $1 upward, with values reflecting their condition and aesthetic appeal.

Silver

The silver selection emphasizes certified silver bullion coins, ensuring authenticity and quality. Circulated silver coins cater to historically-minded collectors.

Silver bars offer substantial investment options, ranging from one ounce to one kilo, accommodating various investment strategies and budgets.

Notable offerings include the $1 Morgan Dollar Certified MS62 at $65.00, alongside one-ounce international coins like the American Silver Eagle and Australian Silver Kangaroo, ranging from $28 to $31. These pieces combine investment potential with international numismatic appeal.

Competitive pricing makes precious metal investment accessible, with entry-level silver items starting above $28. Larger investments include 10 oz bars at $282.44 and 100 oz bars at $2,793.78.

Platinum and Palladium

These industrial metals serve crucial roles in automotive, jewelry, and electronic manufacturing, while also existing as investment-grade coins and bars.

Available options include:

• 1 oz American Platinum Eagle coin: $1,105.94.
• Generic 1 oz platinum bar: $1,024.74.
• 1 oz Canadian Platinum Maple Leaf coin: $1,055.29.
• Credit Swiss 10 oz platinum bar: $10,044.44.
• Collector’s Platinum Eagle set (1997-2023): $99,375.00.

Platinum products range from approximately $1,000 for basic items to premium prices for comprehensive collections. These metals maintain their value effectively, serving both investment and collection purposes.

Does Blanchard Gold Offer a Gold IRA Service?

Blanchard Gold provides a specialized service enabling you to incorporate gold and precious metals into a Self-Directed Individual Retirement Account (IRA).

Why Add Gold and Precious Metals to Your IRA?

• Risk Diversification: Precious metals serve as a safeguard against market volatility, reducing your portfolio’s dependence on traditional investments like stocks.
• Alternative Asset Class: Financial analysts recognize precious metals as a distinct investment category that complements conventional investment strategies.
• Optimal Allocation: Professional guidance suggests maintaining precious metals at 4% to 12% of your investment portfolio.

Benefits of a Self-Directed IRA

• Traditional Advantages: You receive similar tax benefits and protections as conventional retirement accounts.
• Enhanced Investment Options: Self-directed accounts permit investments beyond standard options, including precious metals.
• Investment Control: You maintain complete authority over investment decisions.

What You Need for a Precious Metal IRA

• Bullion Requirements: Your investment must consist of approved bullion bars or coins.
• Metal Purity Standards:
  + Gold must meet .995 purity requirements, with an exception for Gold American Eagle coins.
  + Silver, platinum, and palladium must comply with specific purity thresholds.
• Approved Coins: Blanchard Gold maintains a comprehensive list of IRA-eligible coins.

How to Get Started

1. IRA Evaluation: Assess your existing IRA compatibility or establish a new account through Blanchard Gold.
2. Account Funding: Transfer funds from existing retirement accounts or initiate new contributions with Blanchard Gold.
3. Storage Solutions: Legal requirements mandate storage with approved depositories or banks, though Blanchard Gold Trusts offers flexibility in custodian selection.

Upon account establishment, Blanchard Gold assists you in selecting appropriate precious metals aligned with your retirement objectives.

How to Buy and Sell Through Blanchard Gold

Blanchard Gold provides a straightforward process for buying and selling precious metals and rare coins. This guide will help you navigate through their services to enhance your investment portfolio or liquidate your valuable items.

Buying

When looking to expand your collection with gold, silver, or rare coins, Blanchard Gold offers a seamless purchasing experience.

How to Buy:

You have two options to place orders: through their website or by calling 1-866-764-9135 during business hours (7 a.m. to 7 p.m. CT, Monday to Friday).

The company accepts multiple payment options including wire transfers, checks, credit cards, Bitcoin and other cryptocurrencies, PayPal/Venmo, and ACH (direct bank transfer).

Each payment method comes with specific guidelines and limitations. Wire transfers offer immediate processing, while checks require a seven-day clearing period. Payment limits vary based on your chosen method.

Post-purchase, you’ll need to select a storage solution for your precious metals or rare coins. Options include home safes, bank safety deposit boxes, third-party storage facilities, or IRA accounts for eligible gold investments.

Selling

Blanchard Gold maintains a transparent and fair process when you’re ready to sell, ensuring you receive market-appropriate value.

How to Sell:

Begin by obtaining a value assessment for your coins or bullion. Contact Blanchard Gold for current market prices. Rare coin valuations require additional time due to market research requirements.

Once you receive an initial quote, they’ll assist you in securing an official offer. This typically requires sending your items to Blanchard Gold for physical inspection. They provide comprehensive packaging and shipping instructions.

For shipping, they suggest:

• Creating a detailed inventory.
• Using secure packaging.
• Sending via Registered and Insured Mail.

Remember to notify them once you’ve shipped your items. Upon receipt and verification, they’ll finalize the sale and mail your payment check.

Ensure your items meet Blanchard Gold’s specifications. Follow their packaging and shipping protocols carefully. Allow time for item inspection and payment processing.

Blanchard Gold’s Mobile App

The Blanchard Gold mobile app serves precious metal enthusiasts and investors, providing real-time monitoring of gold and metal prices with daily updates.

This feature-rich application draws from the expertise of America’s leading precious metals company, backed by four decades of industry experience.

The platform enables you to track live pricing for various precious metals including gold, silver, platinum, and palladium.

You can access pricing information for gold bars and popular coins such as American Eagles and Canadian Maples.

iPhone users benefit from this comprehensive tool that helps make informed investment decisions through expert guidance and market updates.

What Can You Learn from Their Resources Center?

Blanchard and Company’s Customer Resource Center offers extensive educational materials suitable for both beginning and experienced precious metals investors.

The resource sections include:

• Growth Portfolio: Learn strategies for building balanced portfolios incorporating precious metals for optimal growth potential.
• Estate Planning: Discover methods to effectively include precious metals within your estate planning framework.
• DG Gold: Explore detailed insights about DG Gold investments and understand its market value.
• CAC: Access essential information about Coinage and Certification to evaluate coin authenticity and worth.
• Mints: Understand mint operations through historical context and modern significance in coin production.
• Sales Tax: Learn about tax implications specific to precious metal investments for better financial planning.
• Glossary: Access comprehensive definitions of industry terms to enhance your understanding of market terminology.
• FAQ: Find quick answers to common questions about precious metal investments.
• Newsletter Signup: Subscribe to receive regular updates on market trends, investment opportunities, and precious metal insights.

These educational resources enable you to enhance your investment knowledge, develop effective strategies, and make well-informed decisions in precious metals trading.

Shipping and Insurance Policies

Your orders receive careful handling through reliable shipping partners including the United States Postal Service, UPS, or FedEx. You’ll receive tracking information via email once your package ships, allowing you to monitor its journey.

Residents outside Alabama and Wyoming might face shipping taxes based on local regulations. You should verify your local tax requirements before placing orders.

All deliveries require signature confirmation upon arrival. If you’re unavailable during delivery, the carrier leaves a notice and attempts delivery twice more.

You can request package holding at a local facility if you anticipate being absent during delivery attempts. Your items arrive discreetly packaged in unmarked boxes, ensuring privacy and security.

Shipping and insurance fees follow a straightforward structure: $9.00 for orders below $199, while orders of $200 or more qualify for complimentary shipping.

Returns and Exchanges Policies

Bullion coin purchases are final, with no returns or exchanges permitted. However, specific products categorized as “Exchangeable Common Date Coins” offer exchange options (no refunds) under a 10-day satisfaction guarantee.

For Rare Coins, you maintain the right to return items to Blanchard and Company, Inc. within a 10-day window, provided they remain in original condition.

Your return includes reimbursement of shipping expenses, ensuring complete satisfaction with your investment decisions.

Customer Reviews and Ratings for Blanchard Gold

Blanchard Gold specializes in precious metals trading, garnering significant customer attention across online platforms.

A comprehensive analysis of various review sites provides valuable insights into customer experiences and satisfaction levels with their products and services.

Let’s explore feedback from multiple review platforms.

BBB (Better Business Bureau)

The BBB platform showcases Blanchard Gold’s excellence with an A+ rating, achieving a remarkable 4.86 out of 5 stars from 95 customer reviews.

These impressive ratings demonstrate strong customer trust and satisfaction, highlighting their commitment to superior service and ethical business practices.

Shopper Approved

On Shopper Approved, Blanchard Gold maintains an exceptional rating of 4.7 out of 5, based on 2,357 customer reviews.

This outstanding score reflects their dedication to service excellence, establishing them as a trusted name among precious metal dealers.

Google My Business

Blanchard Gold’s presence on Google My Business shows a moderate rating of 3.6 out of 5 from 36 reviews. While indicating general customer satisfaction, this score suggests room for improvement in certain areas.

The mixed feedback provides valuable insights into both strengths and potential areas for enhancement in their service delivery.

Facebook Page

The Facebook platform reveals a strong 90% recommendation rate from 93 reviewers, indicating high customer satisfaction with Blanchard Gold’s services.

This impressive social media presence reinforces its reputation for reliability and customer satisfaction. Their established market presence and reputation for honesty have earned them significant customer trust.

Many customers, referred through word-of-mouth, express high satisfaction with their services, particularly praising staff members like Patrick for exceptional service quality and efficiency.

However, some feedback indicates occasional challenges, with one customer expressing disappointment over delayed order processing, communication issues, and lack of shipping updates, leading to dissatisfaction with their choice of Blanchard Gold.

The overall review analysis across these platforms paints a picture of a well-established company with predominantly positive customer experiences, though with occasional service delivery challenges.

Their strong ratings on BBB and Shopper Approved, combined with positive social media presence, suggest a reliable precious metals dealer committed to customer satisfaction, despite some areas needing attention for service improvement.

Pros and Cons of Blanchard Gold

When considering investments in precious metals, Blanchard Gold offers numerous investment opportunities.

Understanding both advantages and disadvantages becomes crucial before making your investment decision.

Pros:

• Wide Selection: Blanchard Gold provides extensive options for precious metals investments, featuring gold, silver, and rare numismatic coins to meet various investment needs.
• IRA Help: The company streamlines the process of incorporating precious metals into retirement accounts, offering comprehensive IRA services for investors.
• Price Tracking: Their website features real-time and historical metal prices, enabling investors to make well-informed decisions based on market trends.
• Many Payment Options: Flexibility in payment methods, including cryptocurrency like Bitcoin, accommodates diverse customer preferences.
• Trusted Service: With an established history, Blanchard Gold maintains a strong reputation for reliable customer service and authentic, premium-quality products.

Cons:

• High Prices: Premium pricing on certain products exceeds market competitors, potentially resulting in higher investment costs for customers.
• Slow Processes: Extended waiting periods for order fulfillment and buyback transactions might not suit investors seeking quick turnaround times.

The company stands out through its comprehensive precious metals offerings and established market presence.

While providing reliable services and diverse investment options, potential investors should carefully weigh the higher costs and longer processing times against their investment goals and timeline requirements.

The combination of traditional and modern payment methods, along with robust IRA services, makes Blanchard Gold a considerable option for long-term precious metals investment strategies.

Is Blanchard Gold a Legitimate Firm?

Blanchard Gold stands as a reliable precious metals dealer with extensive expertise in facilitating buying, selling, and investment transactions.

Their reputation stems from their comprehensive approach to customer service and market knowledge. The company prioritizes customer education by providing detailed insights into precious metals markets.

While their standing in the industry remains strong, you should conduct thorough research and carefully evaluate your investment objectives before making decisions.

Consulting with financial professionals helps ensure you fully grasp both opportunities and potential risks associated with precious metal investments.

Many investors consider Blanchard Gold a suitable option when diversifying their investment portfolios with precious metals.

Conclusion

Blanchard Gold maintains its position as a trusted source for precious metals acquisitions. Their extensive product selection combines with expert guidance, ensuring customers receive proper support throughout their investment journey.

Customer testimonials frequently highlight the company’s transparency and professional standards. These qualities position Blanchard Gold as an attractive choice for investors at all experience levels, from newcomers to seasoned traders.

BEST COMPANY

9.8

Goldco Precious Metals

• Goldco Surpasses $2 Billion in Precious Metals Placements
• Over 6,000 Five-Star Ratings on BBB, Trustpilot, and ConsumerAffairs
• Seven-Time Winer on the Inc. 5000 List

 

VISIT WEBSITE