Precious metals are one of the best investments you can make in your life, whether it’s for retirement or to have a safety net against inflation. The reason for that is the precious metals’ position on the market, which is excellent to fight market volatility.
Regardless of that, you need to find a decent and reliable precious metals dealer to help you administer your investments if you want them to be beneficial in the long term.
There are many precious metals dealers in the U.S, and most of them have gold coins, rare coins, gold IRA, silver coins and bullion, palladium, and platinum available for you.
Considering most companies offer the same, how can you decide to go for one or the another? We recommend you go for the most reliable business there is, as long as it offers everything you need to reach your investment goals.
Blanchard Gold is one of the oldest precious metals dealers on the market, and if you are here, you may be wondering if investing in precious metals with Blanchard Gold is a good idea. We’ve gathered the key aspects to consider about this business and made a full review to help you choose if this will be your precious metals dealer from now on.
Dive into this Blanchard Gold review to see what this company has to offer!
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What Will I Learn?
- What Is Blanchard Gold?
- How Can Blanchard Gold Help Me If I Want to Invest in the Precious Metals Market?
- Benefits of Investing in Precious Metals with Blanchard Gold
- Cons of Investing in Precious Metals with Blanchard Gold
- Is Blanchard Gold a Good Precious Metals Dealer? Who Is Blanchard Gold for?
- Wrapping Up - Should I Trust Blanchard Gold If I Want to Make a Precious Metals Investment?
What Is Blanchard Gold?
Blanchard Gold, as its name suggests, is a precious metals dealer that focuses on gold coins and bullion. Although it mostly works with gold, it can also sell you other precious metals such as silver, platinum, and palladium, so don’t worry about the company not having what you are looking for.
This business has a fair number of options available for clients to get, and that includes rare coins, fractional coins, bars, circulated silver, metals in bullion form, and others.
One of the things Blanchard Gold prides itself on is having been in the precious metals industry for 47 years, and its founder is one of the most important people in the history of precious metals in the country. The reason for that is he was one of the people who did all they could to make owning gold legal for all U.S citizens.
Jim Blanchard always wanted what was best for Americans, and that’s the same he tries to accomplish with the Blanchard Gold Company. The founder of Blanchard Gold was even named the World Gold Association’s Man of the Year for all the efforts he made to improve the precious metals industry in 1984.
Taking that into account, you shouldn’t worry about Blanchard Gold being a scam or anything of the sort since, even if its owner hadn’t done all those things, a scam wouldn’t have lasted that much time on the market.
Keep reading this Blanchard Gold review to know what you can get from this company when making a precious metals investment!
How Can Blanchard Gold Help Me If I Want to Invest in the Precious Metals Market?
Now that you know what Blanchard Gold is, it’s time to know what it has to offer and how it can help you invest in the precious metals market. As we mentioned before, you can get all kinds of metals from this company, and the buying process is not complex at all.
Blanchard Gold does its best to make the buying process the smoothest it can be for beginners since they may not be that used to buying gold or precious metals in general. You can also add the precious metals you buy from this company to an IRA account.
This company also includes precious metals storage services, so you can get everything you are looking for without looking for different companies. Blanchard Gold also shines for how it allows you to sell precious metals you bought from it or had in the past.
When you sell precious metals to Blanchard Gold, you will sell them at the current market price, so you don’t have to worry about it having unfair fees that won’t let you profit from what you are selling.
You can also contact Blanchard Gold if you want accurate and reliable information on the current market trends and the different investment strategies you can find. Remember that Blanchard Gold has been on the market for many years, so this is a company that knows what it’s doing and how to help you get into the precious metals market.
If you go to this business’ website, you will also find the latest market news related to rare coins, gold, and others, so it’s an excellent place to find information if you want to make a precious metals investment.
Benefits of Investing in Precious Metals with Blanchard Gold
As we mentioned in this Blanchard Gold review, Blanchard and Company has many things to offer, and its primary goal is to help U.S citizens make safe investments that will represent a profit for them in the future.
However, now that you know what this company has for you, it’s time to learn why you should choose it as your one-go option to buy pure precious metals and rare coins.
Here are the main benefits of investing in precious metals with Blanchard Gold:
Although this depends on what you are buying, Blanchard Gold mostly has excellent rates for purchasing gold bullion, collectible coins, and any other metals it has in stock. Naturally, the price for collectible and rare coins is more flexible than the one for pure precious metals, but both are, overall, reasonable.
The same happens when selling your precious metals or collectible coins to the company since it sells them at the actual market value, so you don’t need to look at different places to see which offers you a better deal. This makes Blanchard Gold the right precious metals dealer for the ones looking to sell their precious metals in the near future.
Finding a place to sell rare coins or gold is not that simple since many metals dealers only accept the products you got from them while others have unreasonable and unfair rates for people to sell their gold.
This is not a problem for Blanchard Gold due to its buy-back program. As you read on this Blanchard Gold review, you can sell back the gold you buy from the company anytime you want for the market price at the moment you sell it.
Many feel scared when buying gold because they don’t know how to turn them into currency in the future, so Blanchard Gold addresses that situation for beginners getting into the precious metals world.
The only exception to that is rare coins since you can only sell them 10 days after you buy the coins.
What makes this buy-back program different from one of Blanchard Gold’s competitors is that most of them only allow you to sell the gold you bought from them. Blanchard Gold, on the contrary, lets you buy all the precious metals you have, even if you got them from another dealer.
When we say longevity, we mean the time the company has been on the market, and that’s something that not many businesses have in common with Blanchard Gold. As we mentioned before, this company has been working for 47 years.
Taking for granted the years a gold dealer has been on the market can lead you to pick an unreliable company, not because new companies are unreliable but because being on the market for that many years proves you know what you are doing.
Besides that, learning the time each company has been working also helps you tell scams apart from a legitimate business. People often notice a gold dealer is a scam after a few years of that gold dealer working, but it’s nearly impossible for a scammer to stay on the market for 47 years without being noticed.
Speaking about the reliability of each business, one of the most important factors to consider when looking for a gold dealer is how reliable it is. Investing in collectible coins or gold is something that could scare you if you are a newcomer, so gold dealers should make you feel the safest you can while doing so.
Setting aside the time Blanchard Gold has been on the market, other things tell us not only that this company is reliable and not a scam but that it also wants the best for its clients. You can firstly see that on the buy-back program the business offers.
If Blanchard Gold only wanted to profit from its customers, it would only buy metals it sold since that would encourage clients to only buy metals from it to then safely sell them. However, Blanchard Gold is there for clients regardless of where they got their gold from.
Additionally, you can sell the metals for the market price at the moment instead of a high rate the gold dealer sets to profit from the gold it sells. Do you need more proof of the Blanchard Gold’s reliability? See all the efforts Jim Blanchard made to improve the precious metals industry in the past.
10-Day Satisfaction Guarantee
The 10-day satisfaction guarantee is not the same as the buy-back program, but both are made to ensure the clients’ satisfaction after they buy anything from Blanchard Gold. If there’s any issue that makes you feel unsatisfied after your purchase, you can turn what you bought back and receive your money back.
You can do this regardless of what you buy, even if the purchase involves gold American Eagle bullion or any other rare coins on the market. The process to turn everything back with Blanchard and Company is also straightforward, but remember you only have 10 days after you buy the products to return them.
Cons of Investing in Precious Metals with Blanchard Gold
Regardless of all the good things we mentioned about Blanchard Gold, everything in life has its pros and cons, and Blanchard Gold is not an exception to that. Therefore, it’s time to know some of the cons of choosing Blanchard Gold for your gold investments.
Nonetheless, there’s not any con that could represent a major setback to you buying precious metals from Blanchard Gold. We recommend you analyze the pros and cons of this company and see if what it offers fits your needs and goals.
These are the main disadvantages of choosing Blanchard Gold as your precious metals dealer:
Although Blanchard Gold offers storage services, they’re not its greatest strength. This doesn’t mean that it’s not a decent storage service but rather that it’s not the best one on the market. However, this doesn’t mean you can’t rely on it.
If you are a beginner in the investment industry and just want to invest in precious metals to have a safety net against inflation, you are good to go with the storage services Blanchard Gold offers you.
Lack of IRA Services
Most investors buying gold or silver do it to invest it in a retirement account and diversify their portfolios. Nonetheless, investing in an IRA account is not as simple as it sounds since there’s a lot of paperwork involved in the process. Hence, beginners need someone who can guide them throughout the process and offer gold IRA services.
Although Blanchard Gold, as other gold companies, allows you to buy gold for a retirement account with no problem, it doesn’t offer as many IRA services and counseling as others. Therefore, many investors try to go for an IRA-oriented company if they want to create a precious metals IRA account.
If you want to invest in precious metals to diversity your portfolio or have a safety net, you are good to go with Blanchard Gold, but if you are looking forward to building a strong IRA account with the help of your gold dealer, other options could also be a decent fit for you.
Studying the reviews Blanchard Gold has on the internet is a bit difficult since there are not many of them. As for the Better Business Bureau, it has a B+ rating. The problem with it is that it has some negative reviews across other platforms.
While that might be a red flag for some people, it’s still worth noting that the BBB has solved all the customer complaints filed on that website. Regardless of the number of customer complaints there, it’s excellent to know that the company cares about them and does the best it can to make sure all clients are satisfied.
However, most complaints are about the shipping time each product takes to get to you. The problem with that is that the time shipping from Blanchard Gold takes is the same as most companies on the market, so it’s not that big of a problem.
Is Blanchard Gold a Good Precious Metals Dealer? Who Is Blanchard Gold for?
Absolutely! Blanchard Gold is an excellent precious metals dealer, and you can trust it for your future investments. All the time this company has been on the market makes it a reliable option for both beginners and professionals, so you don’t have to worry about it not addressing your needs.
You want to invest with Blanchard Gold if you want to diversify your portfolio with gold, silver, or any other precious metals. This company can also give you some advice on what to do next and what the best moves for your portfolio would be.
If you want to stay tuned to the latest market news regarding precious metals and investments, Blanchard Gold is also an amazing option for you, so don’t hesitate to call it if you ever have a question about the matter. As we mentioned before, IRA planning is not Blanchard Gold’s best feature, but that doesn’t mean you can’t do that with it.
Professionals who already know what they need to do to administer their IRA accounts don’t need any advice or help from the gold dealer, so they can buy the precious metals they want from Blanchard Gold with no problem.
Blanchard Gold is also an excellent alternative for you if you are scared you won’t be able to turn your gold into currency in the near future. This company will always buy any precious metals you have at market price, so you can contact it anytime you feel like doing that.
Wrapping Up - Should I Trust Blanchard Gold If I Want to Make a Precious Metals Investment?
Answering the main question of this Blanchard Gold review, yes; you can and should trust Blanchard Gold as a professional, licensed, and reliable precious metals dealer. It’s not difficult to notice this company cares about its clients and tries its best to be better each day.
Are you in need of precious metals for your portfolio? Blanchard Gold is there for you! Call it as soon as you can to set all the details of your purchase. We can assure you it’s a straightforward process, and if you ever have a question about anything related to buying or selling precious metals, you can ask Blanchard Gold to explain everything to you.