Blanchard and Company Review
Founded in 1975, more than 450,000 people have chosen Blanchard and Company as their preferred provider of precious metals of investment quality. For those that prefer rare coins and other gold IRA investments, here is a look at the company to see if it could be right for your needs.
How Much Does It Cost To Begin a Gold IRA?
What is interesting about Blanchard Gold is that they say “there are no single transactions here.” Their goal is to develop a long-term relationship with anyone who wants to invest into gold and other precious metals. All investors are assigned a dedicated advisor who will advocate for your personal best interests. Not many other gold companies offer this type of service.
What Types of Precious Metals Are Available?
For those looking to invest into an IRA, it is important to mention what type of purchase you wish to make. These are not differentiated on the website within the purchasing screens, so fractional coins, certified coins, bars, and other options are all available. If you really want to buy large, Blanchard even offers a box of 500 1 ounce gold American Eagle coins for more than half a million dollars, though dates are not part of the choice.
How Is the Buying and Selling Process Handled
Shipping is via UPS or USPS and every order is registered and insured. Free shipping applies to orders over $1,000 according to information on Blanchard’s shipping page for only three types of coins, but insurance fees can be as high as $90 per every $1,000 of the face value merchandise that is purchased. On a simulated online purchase of 49 1oz Krugerrand coins with a value of $55,559.14 at the time of writing, we would be charged a shipping and handling fee of $99.00. No orders for Blanchard and Company products may originate from anywhere outside of the United States and its territories.
Blanchard also mentions that there is a “nominal minting and distribution fee” that is added to orders placed over the phone. Since all orders must be confirmed by phone, this means all orders will have this fee added to it. This fee was not listed on the online ordering system when we placed a simulated order for Krugerrand gold coins.
Returns are not available if you are not satisfied with the product when it is received unless agreed upon by the assigned representative. Blanchard will, however, purchase the tangible assets purchased from them at any time for the current price of gold.
What Timeframes Can Be Expected?
There is no listed processing time for orders that are placed. Payment by personal check requires a holding period of 7 days for the payment to clear. 3 days is required for money orders or cashier’s checks. Bank wires are listed as the fastest method of having an order cleared.
Should You Utilize Blanchard and Company?
Because of this, our recommendation is to utilize an organization such as Regal Assets for your gold or silver IRA needs instead of Blanchard And Company. Your shipping times are guaranteed, orders are simple to place, and the quality of the product is also guaranteed.