Does the idea of holding gold, silver, platinum, or palladium in your investment portfolio intrigue you? Would you even be interested in adding some of these precious metals to your IRA to save for retirement? If so, you may be wondering whether Blanchard Gold is the right company to help you reach these goals.
We're here to share more information about Blanchard Gold to answer any questions you may have about the company. This should help you learn more about the products and services they offer and how you can expect to be treated as a client. After reading our review, you can use the information we shared to help you make a decision about whether or not you'd like to work with Blanchard Gold.
About Blanchard Gold
Blanchard Gold has a long history in the precious metals industry. The company was founded over 40 years ago by Jim Blanchard and Donald Doyle. Blanchard and Doyle saw the promise of investing in precious metals and believed that holding these investments were a wise move for individuals looking to grow their wealth while also protecting themselves against losses.
Today, Blanchard Gold is still a family-owned business. It is a well-known and trusted name in the industry and has helped numerous customers begin and expand on their precious metals investment journey.
Blanchard Gold believes in working closely with each customer to help them build the right portfolio for their specific needs. They'll work with you to learn more about your goals, finances, and more to offer tailored advice and investment recommendations. A member of the team can offer advice for all of your investment needs including storing your precious metals, adding precious metals to an IRA, investing an inheritance, diversifying your portfolio, and more.
Blanchard Gold offers competitive pricing. Their website states that they will try to beat any lower prices you are able to find through other precious metals sites. They also offer a 100% buyback for any of the coins or bars you purchase through their site.
All orders placed through Blanchard Gold ship with full insurance to ensure that your precious metals arrive safely to their destination.
Gold is one of the most-highly coveted precious metals. If you'd like to add gold to your investment portfolio, Blanchard Gold can certainly help you out. Below are some of the various gold coins and bars that the company offers:
Silver can also be a very wise investment. Blanchard Gold also offers a nice selection of silver coins and bars for the clients to choose from. These items include:
While many precious metals investment companies only offer gold and silver, Blanchard Gold customers can also invest in platinum. Here are the available items you can purchase through Blanchard Gold:
In addition to the coins and bars listed above, Blanchard Gold also offers the clients the opportunity to invest in various rare coins. All of the coins offered by the company have been hand-picked by John Albanese, one of the top numismatists.
There are numerous rare coins that are available for investors. These coins include:
Adding Precious Metals to an IRA
If you're looking to diversify your retirement portfolio and make sure you're financially prepared to retire when the time comes, investing some of your money in precious metals can be a wise decision. Blanchard Gold can work with you and an IRA custodian company to add precious metals to your retirement account. They recommend GoldStar Trust Company, but will also work with other custodian companies if you prefer.
The custodian company will help you open up and fund your account. You can choose to either open up a new Precious Metals IRA or roll over an eligible existing 401(k) or IRA. After your account is set up and funded, you can work with Blanchard Gold to choose the right precious metals to invest in to help you achieve your retirement goals.
How to Buy Precious Metals with Blanchard Gold
Blanchard Gold tries to make it as easy as possible for their clients to order precious metals. You can either call the company to place an order or shop online through the website. If you have questions or need suggestions, calling the company and speaking with a member of the team is the best option; they can work with you to choose the right pieces based on your investment goals.
Once you've selected the coins and bars you'd like to purchase, you can choose from a few different payment options. These include wire transfers, credit cards, checks, and Bitcoin (and a few additional cryptocurrencies). Blanchard Gold recommends using a wire transfer because the payment will go through more quickly, which means you'll be able to get your metals more quickly, too.
How to Sell Precious Metals to Blanchard Gold
Do you have any precious metals you've been thinking about liquidating? If so, Blanchard Gold may be interested in purchasing them from you.
To start the process, call Blanchard Gold to receive the current bit price and a formal quote for your metals. If you're happy with the quote, carefully pack and ship your precious metals to Blanchard Gold. Blanchard Gold will inspect your precious metals after they arrive. Once your metals are verified, they will issue your payment and mail you a check.
Are There Any Red Flags for Blanchard Gold?
A red flag is a sign that there is something wrong or fishy about a company and that you shouldn't work with them. Identifying red flags can be challenging. Obviously, companies aren't going to advertise on their websites that they offer anything less than stellar products and service.
Since you can't rely on a company's website to always give you the full picture, checking with others who have done business with the company is a good idea. Unless you personally know many people who have recently worked with Blanchard Gold, checking online reviews for the company is the next best thing.
We did just that for you while preparing this review. We looked at the Better Business Bureau, Business Consumer Alliance, TrustLink, Trustpilot, and Google to see what others had to say about Blanchard Gold.
We were a bit disappointed that we couldn't find more reviews. There were only four customer reviews on the BBB's website and just 1 review on TrustLink. And, sadly, of these 5 reviews, none of them are very positive at all.
Since there are only the five negative reviews to go off of, with no positives to balance them out, it is difficult to really get a full picture of the company.
Is Blanchard Gold a Scam?
We haven't read anything that makes us think Blanchard Gold is a scam. They appear to be a legitimate company. In fact, Blanchard Gold has been in business since 1975, and its founder, Jim Blanchard was even named "Man of the Year" by the World Gold Association.
However, we feel a bit hesitant to wholeheartedly recommend Blanchard Gold. One thing that makes us a bit hesitant is the negative reviews we found online for the company. Of the five reviews we found through either the BBB's website or TrustLink, four were 1-star reviews and one was a 2-star review. Considering the top review would be five stars, all of these reviews are quite negative. There are numerous other precious metals investment companies that have overwhelmingly positive reviews from their customers.
Blanchard Gold does have an A+ rating from the Better Business Bureau. However, this review is not based on customer reviews. The company only has a BBB rating from the Business Consumer Alliance. This is only the fourth highest review, with AAA being the highest possible review a company can receive.
Another thing that makes us pause before recommending Blanchard Gold to our customers is that there were hardly any reviews period. The five negative reviews we mentioned above were the only reviews we were able to find on the five different review sites we checked. Again, numerous other companies have hundreds, or in some cases thousands, of reviews from their customers. When you consider that Blanchard Gold has been in business for over 40 years, it is even more surprising that there aren't more reviews out there.
Blanchard Gold offers free shipping with orders of at least $300. While this doesn't sound too bad, there are many precious metals dealers that provide free shipping with all orders.
Pros & Cons of Blanchard Gold
Hopefully now you feel more informed about Blanchard Gold to make the decision about whether they are the right precious metals investment company for you. There are some positive aspects to the company, such as the fact that you can invest in platinum rather than only gold and silver and the large selection of precious metals they offer. However, there are also some things that are more concerning, specifically the limited number of reviews and the fact that the available reviews are very negative. Knowing all this, do you think Blanchard Gold is the right company for you, or would you rather learn more about some of our favorite precious metals investment companies?