Blanchard and Company, Inc., based in New Orleans, was founded in 1975 and has grown to be one of the largest gold and silver bullion dealer in the United States. They are composed of a large team of experts, including advisors, numismatic specialists, and customer service team.
Blanchard Online
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User reviews
Average user rating from: 7 user(s)
scammers
Overpriced coins. When I went to sell, all my coins were worth less even though gold had gone up over $300 per ounce.
Don't trust them. They will pretend to be a friend and pretend that these are good deals. Don't give in to the repeated contacts to sell you overpriced coins.
Customer's Experience


Don't trust them. They will pretend to be a friend and pretend that these are good deals. Don't give in to the repeated contacts to sell you overpriced coins.
Overall rating | 1.0 | |
Shipping Time | 1.0 | |
Customer Service | 1.0 | |
Buying Experience | 1.0 |
Unsavory characters-avoid
This review is for Blanchard's dealings over several years with my father in law when he was in his very late 80's. They took advantage of him in every way possible, sold him overpriced coins, churned his account and talked him into unnecessary and unwise purchases. Generally, based upon my review, they marked up sales to him by 30-100% over wholesale. No one should do business with Blanchard.
Customer's Experience


Overall rating | 1.3 | |
Shipping Time | 2.0 | |
Customer Service | 1.0 | |
Buying Experience | 1.0 |
WARNING!!!
I sold back 40 silver coins I purchased from Blanchard several years ago.What I did not know was that I would have to wait 3 or 4 weeks to receive my check.Why? Because the customer rep says that "Blanchard"must first sell the coins before I get paid! Never again will I do business with Blanchard.There are numerous other precious metal dealers online whom will pay you by wire or check within 2 business days after receiving your shipment.Never,ever,sell to Blanchard!!!
Customer's Experience


Overall rating | 1.3 | |
Shipping Time | 2.0 | |
Customer Service | 1.0 | |
Buying Experience | 1.0 |
High Commission , ignore after sale
I bought 17 St Gaudens in 2009 when gold was $950. The premium on the coins was so high, I would still lose money if I sold them when gold was $1700.
Customer's Experience


Overall rating | 2.0 | |
Shipping Time | 4.0 | |
Customer Service | 1.0 | |
Buying Experience | 1.0 |
BEWARE OF BLANCHARD
Beware of Blanchard and company.
Excessive commission s and fees.
Do not buy their sales pitch. If you are in the market for gold bullion do your reasearch. Many other places to purchase gold at a reasonable price.
DO NOT BUY THEIR " RARE COINS" Nor their gold coins.
Stick to bullion because whatever they sell you really has absolutely NO value above what gold spot is.
BEWARE OF BLANCHARD AND COMPANY.
Customer's Experience


Excessive commission s and fees.
Do not buy their sales pitch. If you are in the market for gold bullion do your reasearch. Many other places to purchase gold at a reasonable price.
DO NOT BUY THEIR " RARE COINS" Nor their gold coins.
Stick to bullion because whatever they sell you really has absolutely NO value above what gold spot is.
BEWARE OF BLANCHARD AND COMPANY.
Overall rating | 1.7 | |
Shipping Time | 2.0 | |
Customer Service | 2.0 | |
Buying Experience | 1.0 |
Accumlation Program a big rip-off
I ended up paying over 400.00 more for Gold American Eagle through the accumilation program. They charge shorage fees when they are not storing anything. Big big rip-off
Customer's Experience


Overall rating | 1.0 | |
Shipping Time | 1.0 | |
Customer Service | 1.0 | |
Buying Experience | 1.0 |
After dealing with Blanchard for a couple of Gold/Silver purchases, I have hit a stumbling block.
My wife did not previously have a self-directed IRA so we used the trustee that Blanchard 'likes to do business with.'
Now that I have some money to invest in Gold/Silver, I wish to use the trustee who has my existing self-directed IRA, whom I have been with for several years and who supervise a non-traditional IRA investment of mine that is worth several times what I am trying to invest in Gold.
Blanchard however, is balking at allowing me to use them as my trustee.
I have reviewed the process that IRA Services enumerates on their website. Simply, they ask for an investment direction form signed by me, and an invoice from the dealer. They pay the dealer from that. So it looks like the process is not rocket science, especially for a big name like Blanchard.
Therefore it makes you wonder why they are so in love with Gold Star (and perhaps one other company whose name escapes me)????
My wife did not previously have a self-directed IRA so we used the trustee that Blanchard 'likes to do business with.'
Now that I have some money to invest in Gold/Silver, I wish to use the trustee who has my existing self-directed IRA, whom I have been with for several years and who supervise a non-traditional IRA investment of mine that is worth several times what I am trying to invest in Gold.
Blanchard however, is balking at allowing me to use them as my trustee.
I have reviewed the process that IRA Services enumerates on their website. Simply, they ask for an investment direction form signed by me, and an invoice from the dealer. They pay the dealer from that. So it looks like the process is not rocket science, especially for a big name like Blanchard.
Therefore it makes you wonder why they are so in love with Gold Star (and perhaps one other company whose name escapes me)????
Overall rating | 2.0 | |
Shipping Time | N/A | |
Customer Service | N/A | |
Buying Experience | 2.0 |