Today, we are reviewing Blanchard Gold for you. If you are considering investing with this company, we’re going to tell you whether they are reputable or scam. You will also learn more about their products, fees and services to help you make a rational investment decision.
Blanchard and Company Gold Reviews
The company’s legal name is Blanchard and Company Inc. They are a legit company and have really been around for a long time. Blanchard Gold was founded in 1975, so there is no reason to be suspicious of them. However, like any other company, Blanchard has its fair share of complaints and we found it important to share some of these, so you can make a more informed decision.
- A review from 2014 said that the company was dishonest and took their money without delivering anything in return.
- Another review says they got an order wrong and then wanted them to pay for it before sending out what they had ordered.
This is just to remind you that if you are considering investing in gold, silver, or any other precious metal then it’s best to do your research to ensure you are purchasing from a reputable company.
Is Blanchard Gold Reputable?
Blanchard and Company are accredited with the Better Business Bureau since 1982, where they have maintained a solid “A” grade for their customer service and business practices. They also offer high quality precious metals in form of bullion and collectible coins. The company offers you the opportunity to roll over your 401k into a self-directed IRA when working with them as well.
The company was founded in 1975 by James Blanchard and is located in New Orleans and has been operating continuously since then. Thus Blanchard and company is definitely a legit and reputable company.
Blanchard Gold Customer Ratings
Despite being in business for 46 years, Blanchard Gold has only 3 reviews on the BBB. They also have 1 complaint closed in the past 3 years with the platform.
The company has no reviews on the BCA
We found 1 complaint from a disappointed customer on Trustlink.
There are no reviews of Blanchard Gold on Trustpilot.
We found 3 complaints on the Ripoff Report.
Blanchard Gold Complaints
Blanchard Gold has a high number of complaints on online platforms, though most of them have been resolved. If you are interested in their products, please contact them before ordering, so that you can ask about the delivery time and find out what they’re looking for.
The company is very responsive to customers’ queries when contacted; however, it may take up to 24 hours for a reply. The most common complaint was from people who received an email confirming shipment of product but then never actually got the item or heard back if there were any delays.
Based on this information we can see that Blanchard Gold has some flaws and needs to improve these areas as well as hiring more staff members so orders aren’t lost among others waiting theirs.
Blanchard Gold Buy-back Program
Blanchard Gold offer a buy-back program for gold and silver coins. The company has a variety of options available to their customers which enables you to sell your coins or precious metal to Blanchard and Company, Inc.
Customers can choose from the following options:
Choose any combination of bullion form(s) such as bars, rounds, coins etc.;
Deposit in a bank account;
Cash out in person or by mail/wire transfer with proof of identification;
Trade-in for new products;
Are there Better Alternatives?
Yes, there are better alternatives out there. One of the best alternatives for investors is Goldco Direct which has close to zero complaints and offers excellent retirement plans including precious metals IRA’s.
They have been in the industry for over 12 years and their goal is to provide investors with a secure, transparent way to buy gold.
Goldco offers investor grade bars or coins at competitive prices as well as certificates of ownership. They also offer storage plans that are risk-free and insured.
Their customers can feel confident knowing they will receive bullion manufactured from approved refineries who are ISO certified leading producers which means your investment is safe and you won’t be left waiting months on end while other companies work through backlogs or make up excuses why orders cannot be fulfilled immediately. So keep this option open and be sure to check their website for more information. We’re confident you’ll find value and peace of mind when purchasing from this company.
For those who are looking to easily sell gold bullion, Goldco offers a hassle-free way of liquidating assets which can be done at any time with no commissions or fees tacked on top – just the price they quote is what they charge.
This makes it easy as pie to get cash in hand today rather than waiting months or even years for other companies to deliver your order if ever given the chance.
Related: Wholesale Direct Metals Reviews
Blanchard and Company has tons of positive reviews from people who have been blown away by their customer service and the high quality of their products, as well. This goes to show that they will be around for a very long time and that it’s worth your while to do business with them.
However, the number of complaints is also high. This is disappointing, as you would think that a company with such high standards and excellent customer service wouldn’t run into any problems.
My personal opinion after reading through the reviews is that they do great work, but are just overwhelmed by orders. They need to hire more staff so that customers can receive their products in a timely manner without getting lost among all of the others waiting for theirs to arrive.
This seems like an adequate solution if it prevents them from going under completely because we don’t want these awesome people out of business. I’m sure once they get staffed up there will be no issues at all 🙂 It’s just hard when something goes wrong on your end because it takes time and resources to fix everything when things start spinning out of control.