Precious metal investments have proven to be much safer than currency investments or stocks and bonds, creating a security blanket for investors who are all about minimizing risk while still turning profits.
Investing in precious metals can seem intimidating due to all the different types of investments available such as ETFs, coins, bullions, and jewelry pieces; however, with research one can gain knowledge that guides them through every step of their investing journey to ensure maximum ROI is achieved with minimal losses.
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To help you choose the right precious metal provider for diversifying your investment portfolio, we looked into many providers of precious metals and came up with our honest reviews of different providers running in the US market.
If you wish to learn about our top 5 precious metals investment companies, click on the link below.
With that being said, let’s continue with the review of Blanchard Gold.
Owner: Donald W. Doyle, Jr.
Location: New Orleans, Los Angeles
Products: Precious Metals
Overall Rating: 3.0/Out of 5-star rating
Trustlink: 1/Out of 5-star rating
Better Business Bureau: A+
IRS regulations: 100% Compliant
IRA rollover charges: 100% FREE
About Blanchard Gold
Working since 1974, Blanchard Gold has been in business for more than four decades. Providing its customers with top precious metals including gold, silver, platinum, palladium, and rare coins, bars, and bullions.
Providing high-quality services and products to its customers has made the name recognizable in the US precious metal market.
The company offers a buyback program, complete transparency, and easy-to-buy-and-sell processes, along with easy IRA services.
It provides extensive education related to the precious metal industry in the form of articles, market analysis, historic prices, etc.
The company also proudly partners with NGC (Numismatic Guaranty Company), ICTA, BBB (Better Business Bureau), PCGS (Professional Coin Grading Service), and American Numismatic Association.
Blanchard Gold Products and Service Offerings
Blanchard Gold offers a great collection of precious metal products. There are also some IRA-approved coins for customers looking to add precious metals to their IRA.
Blanchard Gold’s services include buying and selling precious metals, precious metal storage, a buyback program, and extensive industry education.
The company has more flexible collectible coins rather than pure precious metals. Gold, silver, platinum, and palladium, these precious metal coins, bars, and bullions are available in different sizes and forms including:
- Rare coins
- Mint State
How To Buy With Blanchard Gold
Getting started with Blanchard includes three easy steps.
Select your desired precious metals from the extensive precious metal inventory and when you are ready to acquire your desired precious metals, you can contact a representative via a phone call at the number mentioned on the company website or you can also place the order online via a form.
Step-2: Select Payment Method
Once you place the order, it is time to select the payment option. Blanchard allows its customers to transfer payment via wire transfer, check, credit card, or cryptocurrency for online orders.
Currently, Blanchard allows a $50,000 limit for cryptocurrency payments.
For personal assistance, contact the company representative, to discuss the shipping services.
Step-3: Select Storage Option
Finally, select your desired storage option. You can select to keep your precious metals in your home, any bank storage, or with a third-party storage facility.
How To Sell With Blanchard Gold
Selling your precious metals with Blanchard involves three steps.
Step-1: Find Value
Contact a company representative and discuss the value of your metals.
Step-2: Get Offer
After discussing the value of your holdings, the next step involves getting a formal offer from the company and shipping your belongings to Blanchard for inspection.
The company representative will guide you to have your metals sent to the company office and guide you through the entire shipping process discussing the details to be mentioned along with the package.
How to Open IRA with Blanchard Gold
When you wish to have your precious metals kept in an IRA, you may need to follow the following steps.
Step-1: Create/ Verify Account
To get started with precious metal IRA, make sure your current IRA is qualified to become a precious metal IRA. You can either convert your existing IRA into precious metal IRA or create a new precious metal IRA.
You can convert accounts like 401(K), Self-Directed IRA, etc.
Step-2: Fund Account
After converting your existing IRA or creating a new precious metal IRA, add funds to your account.
Step-3: Deposit Your Precious Metals With Custodian
After funding your account, you can move forward to select the precious metals to be added to your IRA.
As per the IRS regulation, you are bound to keep these precious metals with a trusted third-party custodian. You can select your preferred custodian company or select the company offered by Blanchard.
Check out what Blanchard Gold’s leadership has to say about the company.
There is a long list of gold coins, bars, and bullions offered by Blanchard. The IRA-approved gold has a minimum purity of 99.5% fineness with Gold American Eagle as the only exception.
Some of the silver coins and bars offered include:
- American Gold Eagle Coin -1oz (IRA approved)
- American Gold Buffalo -1oz (IRA approved)
- American Gold Eagle Coin -1oz
- British Gold Sovereign
- 20 Franc
- Australian Gold Kangaroo Coin – 1oz (IRA approved)
- American Gold Eagle Coin -1/2 oz
- British Gold Britannia – 1oz
- Canadian Gold Maple Leaf – 1oz
- South African Gold Krugerrand Coin – 1oz
- Austrian Gold Philharmonic Coin – 1oz (IRA approved)
- British Gold Britannia Coin – 1oz
- American Gold Eagle Coin – 1/2 oz
- American Gold Buffalo – 1oz
- American Gold Buffalo NGC Early Release -1oz
- American Gold Buffalo PCGS First Strike -1oz
- American Gold Eagle -1oz
- American Gold Eagle NGC Early Release -1oz
- American Gold Eagle PCGS First Strike -1oz
- Australian Gold Kangaroo -1oz
- Austrian Gold Hilharmonic -1oz
- Canadian Gold Maple Leaf -1oz
- American Gold Eagle -1/10th oz
- American Gold Eagle NGC Early Releases -1/10th oz
- 1 Kilo Gold Bar (IRA approved)
- Gold Bar – 1 oz (IRA approved)
- Gold Bar Royal Canadian Mint – 1 oz
- Pamp Suisse Gold Bar -1 oz
- IGR Gold Bar – 1/2g
- Perth Mint Gold Bar – 10 g
- Gold Bullion Bars – 10 oz (IRA approved)
- Valcambi Gold Bar – 20g, 50g, 100g
- Argor-Heraeus Gold Bar – 10g, 50g
Blanchard offers many silver coins, bars, and bullions. The IRA-approved silver has a minimum purity of 99.9% fineness. Some of the silver coins and bars offered include:
- American Silver Eagle Coin – 1 oz
- 2023 American Eagle -1 oz. Silver
- Australian Silver Kangaroo Coin -1 oz
- 2022 Silver Eagle – 1 oz
- Austrian Silver Philharmonic Coin -1 oz (IRA approved)
- Canadian Silver Maple Coin -1 oz
- 2023 Silver Eagle NGC Early Releases – 1 oz
- 2023 Silver Eagle PCGS First Strike – 1 oz
- American Buffalo Silver Round Coin -1 oz
- Silver Round -1 oz
- South African Silver Krugerrand Coin -1 oz
- 2022 Canadian Silver Maple Leaf -1 oz
- Silver Bars -10 oz, 100 oz (IRA approved)
- Silver Bar – 1 Kilo
- Silver Bar Johnson Matthey -100 oz
Platinum & Palladium
Blanchard offers platinum and palladium coins and bars. The IRA-approved platinum and palladium have a minimum purity of 99.9% fineness. Following are the platinum and palladium coins and bars:
- Platinum Bar Our Choice -1 oz
- Canadian Platinum Maple Leaf -1 oz
- American Platinum Eagle 1 oz (IRA approved)
You can easily avail Blanchard Gold’s buyback program by contacting the company representative, discussing the details of the items, shipping the items for a check, and receiving the money.
Blanchard Gold partners with GoldStar Trust Company as their trusted custodial partner. If you are not willing to have your precious metals with GoldStar, Blanchard also allows helping you to partner with any other custodian company of your choice.
Offering free shipping services for many of the company products, Blanchard Gold offers various methods of delivery such as U.S. Postal Service, UPS, DHL Express Mail International, and FedEx.
Blanchard Gold Education
Blanchard is not one of our most recommended providers of precious metals, there are some plus points about the company.
It offers quality education about investing in precious metals, market news about precious metals, historic and spot prices, and how to avail of precious metals within a budget.
These great articles give valuable insights about investments and therefore it is recommended to give them a read.
Pros and Cons
- An extensive list of precious metals.
- Experienced company working for four decades.
- Great customer education program.
- Unclear pricing information.
- Many out-of-stock products.
- Poor customer ratings and reviews.
- Many product delivery complaints.
Although Blanchard has been in business for almost 46 years, it has received mixed feedback from its customers. There are a few positive and many negative reviews about the company.
Its customers have reported wrong product delivery, longer delivery time periods, undeclared fees, overbilling, and much more.
While there are negative reviews, the customers partnering with Blanchard for a long time negate these acquisitions.
One thing that we know for sure and can guarantee is that Blanchard is definitely not a scam!
Many people have had positive experiences but we highly recommend our readers to work with our #1 recommended precious metal provider Augusta Precious Metal.
After researching over 100 companies, they were the clear #1 choice.