Blanchard Gold – Safe to Invest or Not?
Read our full review on this gold company
Ranked #37 of 68
Blanchard Gold
3 / 5
The best about Blanchard Gold
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Their customer service crew is quite trustworthy.
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Blanchard offers a large assortment of metals from which to pick.
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All of their items are well-packaged to guarantee that they remain in good condition even after several hours of transportation.
Ready to Protect Your Retirement Savings?
Blanchard GoldBefore we get started with this review:
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It is difficult to pick a company you can trust with your hard-earned savings. We understand this, and that is why we create useful information to give you as much knowledge as possible before you make a decision.
To make comparing and choosing a company best suited to your needs as easy as possible, we have created a list of our highest recommended investment companies.
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Blanchard Gold Review
All investments have some risk, but picking a trustworthy company can lessen your chance of losing money. This Blanchard Gold review covers all the essential information you need to know about this reputable gold IRA company.
In their over 48 years as bullion dealers, Blanchard Gold has established a reputation for providing top-notch service.
Blanchard Gold is a renowned and reliable gold dealer despite some unfavorable client comments and reviews.
This piece is intended to assist you in determining whether or not buying Blanchard Gold is a smart move. It covers client comments, BBB ratings, charges and pricing, and more.
Our Rating Categories
We rate company services based on the following categories;
- Product range and Services
- Pricing
- Customer care
- Company reliability
- Customer Review
Blanchard Gold Review
Blanchard Gold: are they authentic? Of course, they are trustworthy and legitimate bullion merchants.
They offer a wide range of gold, silver, platinum, and palladium items, as stated on the Blanchard Gold website. Depending on your preferences, you can also select products made of investment-grade gold, rare coins, and collectibles.
The business also keeps a catalog of tens of thousands of things that can be purchased whenever they become available.
Review of Blanchard Gold: Overall Rating: 3/5
Blanchard Gold Pros & Cons
Benefits
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Multiple payment methods are available: The company offers numerous payment options , including bank wire transfers, certified checks,personal checks, cashier checks, money order credit cards, bitcoin, and other supported cryptocurrencies.
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A wide range of items: A large selection of precious metals are listed on the Blanchard Gold website. Bullion in gold, silver, platinum, palladium, and rare coins is available at the Blanchard Gold online store.
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Suitable security: Your precious metals are handled by renowned security company Gold Star Trust company.
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Over 40 years of experience in the business: The bullion dealers have a reputation for excellent service delivery, a record which has been built since 1975.
Disadvantages
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Hidden Fees and charges: One of Blanchard Gold's undoing is their hidden charges on products purchased. It leaves many customers feeling bewildered.
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Poor Customer Service : Their biggest disadvantage yet, Blanchard Gold has a trail of unsolved customer complaints in its wake. This doesn't speak well of the company.
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Coin value and prices: Many customers of Blanchard Gold feel that the bullion dealers increase the price of rare coins by double, even triple the original price.
Blanchard Gold Review: Key Summary
EXPERIENCE | Blanchard Gold have been precious metals dealers for over four decades. They have helped millions of customers achieve their investment goals. |
WEBSITE | The company's website is easy to navigate and user friendly. |
CLIENT EDUCATION | Blanchard Gold has a handful of educational materials on their website including topics like "Why buy gold?" and "The key to gold investing." Access their educational material here. |
CUSTOMER SERVICE | They control a well informative and reliable customer service that operates 24/7. |
AVAILABLE PRECIOUS METALS OFFER | They deal in precious metals like; Gold bars, Silver bullion, Platinum coins, Palladium, as well as Bullion Bars and rare coins. |
PHYSICAL STORAGE | Gold Star Trust Company |
OTHER INVESTMENTS AVAILABLE | Rare coins and collectibles |
ANNUAL FEES | Blanchard Gold Gold IRA will charge you a fee of $180 annually |
TRUST LINK RATING | 3.7/5 |
CONSUMER ALLIANCE RATING | BBB |
The Bottom Line
Blanchard Gold is one of the first precious metals investment organizations in the US, having been in operation for more than 40 years. Its founders' assistance was crucial in making precious metal ownership lawful in the United States in the 1970s. The business has been in business since 1975, assisting investors in precious metals investments.
However, it appears that the organization is having trouble keeping up with the changing precious metals market. Although they have received some favorable reviews, there are more unfavorable comments than favorable ones.
Along with overpricing their rare coins and having deceptive buying policies, they lack the knowledge of IRA planning that so many other companies possess.
Product Range and Services
Blanchard Gold offers a wide range of items, such as gold, silver, and other precious metals. You can purchase precious metals like;
1. Gold Bar and Gold Coins.
Blanchard gold's metals are all IRA-approved. Some gold bars and coins they have on display include; Austrian philharmonic, Australian Kangaroo, American Eagle, Gold Buffalo, Royal Canadian Maple Leafs, Credit Suisse Gold Bar, etc.
2. Silver Bars and Generic Silver
The company has some of the finest silver products available on display in their store. This encompasses the American Eagle, the Austrian philharmonic, the American buffalo, and more.
3. Bullion Coins and Rare Coins
Blanchard Gold sells gold, silver, platinum, and palladium bullion coins, bars, rounds, several numismatic products such as the 020 Liberty VF and the Morgan dollar.
3. Shipping
Blanchard Gold stores all its products at the Strategic Wealth Preservation Storage Facility. Upon purchase, parcels are delivered by UPS and FedEx at your preferred location, and the remaining mail is delivered to USPS.
4. Other Precious Metals
Blanchard Gold company also offers a wide variety of IRA-acceptable precious metal goods. The bullion dealers possess an array of rare coins you can collect and invest in.
Pricing: Blanchard Gold Gold IRA Coins Costs/Fees
Fees
There are a few no specifics on the Blanchard Gold website. Nonetheless, here are a few things to know about Blanchard Gold fees:
- Buy/Sell Spread: They charge a small buy/sell spread on all products.
- Storage Fees: They offer both segregated and non-segregated storage options. The storage fees are based on the value of the metal and the storage option chosen.
- Shipping and Insurance: Additional fees may apply for shipping and insurance.
- Additional Fees: They charge additional fees for certain services, such as wire transfer fees, IRA account setup fees, and more.
It's important to note that precious metal prices are subject to market fluctuations, so prices and fees may change over time. It's recommended to check with the company directly for the most up-to-date information.
Minimum Investment
Blanchard Gold Gold IRA has no minimum investment charges or fees. Shipping is $23 for orders under $299, while it's free for orders over that amount. Every IRA transfer is free of charge.
To be eligible for free delivery, orders must be domestic or to partner locations. The portfolio value determines the yearly storage price between $180 and $300
Customer Care
For further information on buying precious metals like gold and silver, visit the company Blanchard Gold Gold IRA through the following:
- Phone: +1 888-445-6252 or +1 504-837-3010
- Fax: (888) 464-1258
- Address: 909 Poydras St #1900, New Orleans, LA 70112, United States
- E-Mail: customerservice@Blanchardgold.com
- Website: www.Blanchardgold.com
Blanchard Gold Gold IRA Educational Materials
Blanchard Gold Gold IRA provides relevant educational materials for customers who want to sell and buy precious metals. These educational materials include:
- Gold Prices
- Silver Prices
- Platinum Prices
- Learn Precious Metal
- Investing Guide
- Buying Guide
- Selling Guide
- Coin Guide
- News and Press Releases
- Glossary of IRA Terms
- World Mints & Manufacturers
Company Reliability: Why Choose Blanchard Gold Gold IRA ?
Founded in 1975, Blanchard Gold has been BBB-accredited since 1982.
They have created a solid reputation for themselves but seem to be falling behind amidst the fast-moving precious metals market. It appears they are not keeping up with the latest trends in the gold market.
Notwithstanding, they offer a wide range of international bullion, such as Royal Canadian Maple Leafs and South African Krugerrands.
Blanchard Gold Gold IRA Company History and Background
Blanchard Gold is a precious metals dealer based in Louisiana, New Orleans. Since their establishment in 1975, they have focused solely on Precious Metals IRA.
The bullion dealers command a massive selection of gold, silver, platinum, and palladium items, including IRA-eligible and rare coins for investors and collectors.
Customer Reviews
Despite offering high-quality services and having a solid reputation as gold and silver dealers, Blanchard Gold has received quite a number of negative feedback from clients.
Testimonies by customers from a review website claim they keep customers informed whether you sell metals like silver and gold coins, a payment method, precious metal IRAs, etc.
Customers claim to have delivery in prompt. The majority of reviews speak of quality products and reliable customer service.
Blanchard Gold Gold IRA Review Ratings
Blanchard Gold Gold IRA has had numerous clients on multiple occasions and highly recommends them. Some of the Blanchard Gold Gold IRA ratings are as follows:
- Better Business Bureau rating: A+ (BBB)
- No Consumer Affairs rating
- No Shopper Approved rating
- No Trustpilot rating
Blanchard Gold Gold IRA Precious Metals Portfolio Review
To diversify assets, customers' portfolios must contain 4-12% of Blanchard Gold Gold IRA precious metals. This makes you Blanchard Gold Gold IRA eligible, and you can sell your items also in the secondary market.
The Blanchard Gold Gold IRA payment method of a wire transfer is $25. However, it is removed if your total exceeds $10,000.
The primary advantage of selling to Blanchard Gold Gold IRA is that you do not have to find a buyer. They buy any silver coin or bar in good condition and shape.
Also, remember that Blanchard Gold Gold IRA has a good deal on junk silver; during the period of circulated coins, you can find a reasonable premium.
Despite the superb ratings some investors have provided for Blanchard Gold Gold IRA, numerous customers are dissatisfied with the price of the coins sent to them and customer support.
Average star ratings
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BBB: A+
Money Metals Exchange vs the competition
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Gold & Silver IRA
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$25,000
$3,500 non IRA
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$50 + $30
$100 Admin Annually
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$150 Segregated
$100 Non Segregated
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A+
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AAA
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Get 10% back in FREE silver
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Gold, Silver, Platinum & Palladium
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$50,000
$50,000 non IRA
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$50
$200 Admin Annually
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$125
Annually
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A+
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AAA
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None
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Gold & Silver IRA
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$10,000
$2,500 non IRA
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$50
$180 Admin Annually
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Variable
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A+
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AA
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Free silver worth up to $5,000 on qualifying purchases
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Gold, Silver, Platinum & Palladium
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$10,000
$5,000 non IRA
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80$
80$ Annually
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$100
Annually
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A+
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AAA
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None
Alternatives to Blanchard Gold
You can invest in actual gold and other precious metals with the gold IRA service provider
>>CLICK HERE to read our list of the top gold investing companies.<<
Alternative: Augusta Precious Metals
Since their launch in 2012, the company has become one of the market's top provider of gold and silver IRAs.
Augusta provides:
- IRA-approved precious metals
- Direct gold and silver purchases
- Gold storage in a facility recognized by the IRS
- Lifetime assistance from experts.
It has positive reviews and a lot of 5 stars as well. See below;
- BBB: A+ rating, 4.96/5 over 150+ reviews
- Trustlink: 5 stars from 283 reviews
- BCA: AAA rating, 5 stars from 95 reviews
- Consumer Affairs: 4.9 stars from 129 reviews
- Google Reviews: 4.9 stars from 290 reviews
Augusta Precious Metals Review
Alternative: Goldco
Goldco is a precious metals dealer that aids with the conversion of conventional retirement accounts into Precious Metals IRAs and offers brokerage services for IRAs funded with precious metals.
When customers start receiving distributions from their IRAs, Goldco also buy back the physical precious metals or sell them through the metals market. Some of their reviews are as follows:
- Trustpilot, 4.8/5 stars from 974 reviews
- Consumeraffairs, 4.8/5 from 1,154 reviews
- BCA Rating: AAA
- BBB Rating: A+
- Google Reviews: 4.9/5 stars from 1,204 reviews
How to invest in Blanchard Gold
After establishing your IRA account with Blanchard Gold Gold IRA , placing an order is a snap. Browse the website's various sub-categories to find items of interest.
You may buy these items by adding them to your shopping cart and completing the payment procedure. Credit cards, electronic checks, cryptocurrencies, and bank wire transactions are all accepted.
Select a payment option and fund your account. The company will process and send your order within one working day after the payments have been confirmed. Follow the steps below:
1. Verify or Create your Self-Directed Precious Metals IRA.
The IRS requires precious metals to be added to a self-directed IRA. Our first step will involve you confirming your existing IRA account qualifies or opening a new IRA account that does.
2. Rollover to Blanchard Gold Gold IRA
Fund the Account.
Roll over an existing IRA or 401(k)
Establish a new Precious Metals IRA
3. Buy IRA-Approved Metals
Now, this is the time you need to choose a precious metal of your desire for investment. Gold bars, coins, and rounds must be at least a 0.995 fine to finance an IRA. The only exception is for the Gold American eagle.
If you're using silver, ensure it's at least 0.999 fine, while palladium and platinum should be at least 0.9995.
3. Deposit Your Bullion with a Custodian.
An IRS-approved custodian bank must hold gold added to an IRA. Blanchard has a longstanding relationship with GoldStar Trust Company, and they offer to help you get started with any IRS-approved custodial institution you choose.
Once your account is funded, Blanchard Gold will help you determine what type and what quantity you should purchase based on your needs and investment goals.
Do We Recommend Blanchard Gold?
No. Do not get us wrong, Blanchard Gold Gold IRA is not a scam. They are reputable bullion dealers with over 48 years of experience, that tells you what. They've got a wide array of precious metals available for
However, their poor customer service and deceptive purchase policies doesn't make them the best option for Gold IRA investments.
Our Verdict : 3/5
Blanchard Gold's FAQs
What is the minimum investment for Blanchard Gold Gold IRA Gold IRA Precious Metals Gold IRA?
Blanchard Gold Gold IRA does not have a minimum or maximum investment cost; every IRA transfer is free.
What type of metals should I have with my Blanchard Gold Gold IRA?
This company is a bullion dealer that sells and buys gold, rare coins, both silver.
When would I be qualified for the Blanchard Gold Gold IRA Gold IRA distributions?
To qualify for the Blanchard Gold Gold IRA distributions, Gold must be at least 99.5% pure (except for the American Gold Eagle), while silver must be at least 99.9% pure. All Platinum and Palladium must be 99.95% pure.
Is there a buyback program for Blanchard Gold Gold IRA Gold IRA?
The Blanchard Gold Gold IRA website provides no detail on buyback programs but they certainly do
What storage options do I have with Blanchard Gold Gold IRA ?
You could choose to store your Gold IRA from any of the following options:
Home or business safe
Bank Safe deposit box
Domestic storage facility
International depository services
Why would I need a custodian to handle precious metals in my Blanchard Gold Gold IRA ?
A custodian will manage your gold IRA account, offer documentation and other services to the IRS, and help you coordinate the buying and selling of the gold bullion you decide to invest in.
Who is the custodian of Blanchard Gold Gold IRA Precious Metals Gold IRA?
Blanchard Gold Gold IRA has a long standing relationship with Gold Star Trust Company.
How long will it take to roll over my IRA to the Blanchard Gold Gold IRA's Precious metals Gold IRA?
For roll over, the procedure might take up to three months.