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Has anyone dealt with Blanchard & Company?

VikingDudeVikingDude Posts: 1,354 ✭✭✭
in Precious Metals
Has anyone from this Forum dealt with Blanchard & Company? How were your experiences? Gold at my local shops is NA so I thought I'd see how their reputation is as far as on online seller.

Thanks in advance!

Comments

  • DeadhorseDeadhorse Posts: 3,720 ✭
    High prices, with a cheap lost leader to hook you.

    High pressure salespeople who will call you far too often.

    Best to move on.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Been in business a long time. High prices on numismatics. Quality in general is top notch. If you were looking for a job selling coins for a living, had some talent in communicating along with having the ability to learn real closing skills and wanted to make more than 100K a year, Blanchard is the place for you.

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • sbeverlysbeverly Posts: 962 ✭✭✭
    They are an ethical company to deal with.

    Sent them check to buy some Gold bullion ( American Eagles ) just before Katrina.

    They didn't receive my check in the contractual time frame because of the chaos and lost mail due to the hurricane.
    They are, after all located in New Orleans.

    We locked in a price (gold was in the low $400 range) when ordering.

    About 2 months passed and they claimed that they still had not recieved my check.

    Spot, thus the price of the coins had moved up since locking in the price.

    They willfully honored the locked in price and I sent them another check. and got my
    American Eagles.

    About 6 months later I got the original check returned.

    I would gladly do business with them.


    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>They are an ethical company to deal with. >>



    Ethical in your case.

    I don't consider repeated calls by high pressure salesmen once you've made it clear you don't have time for all the calls to be quite so ethical.

    Several years ago we had a tornado come through my old neighborhood, I was outside working a chainsaw to remove tree debris and I get another damn call from them. You could hear chainsaws all over the neighborhood along with the occasional siren.

    Didn't bother the Blanchard salesjerk one bit. He couldn't reach me on my landline(what a surprise) so he began pestering me via my cell phone.

    He actually had the gall to use the tornado of the last hour as a reason for me to buy more gold and that I could always remove that tree off my house later on, this was far more important.

    I'd guess my response which was peppered with a fair amount of anger and a few profanitites laced in was enough to finally deter him. I haven't heard back from them since. I never want to either.

    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • sbeverlysbeverly Posts: 962 ✭✭✭
    repeated calls by high pressure salesmen

    I can certainly understand your feelings about the hard sell. I never got any of that.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • ttownttown Posts: 4,472 ✭✭✭
    Hard to make money since they're so overpriced unless gold goes up to $1200 ounce. Ebay PCGS,NGC, and ANACS coins are a better way IMO.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>repeated calls by high pressure salesmen

    I can certainly understand your feelings about the hard sell. I never got any of that. >>




    I bought a Double Eagle Saint in PCGS 65, got a decent deal on it, though I had to work him a bit.

    Then gold moved rapidly upward.

    Next time he called the prices were absurd.

    They just kept calling, often 3-4 times per week.

    The last call was the last straw.

    You'd think he would have had the decency to excuse me given a tornado had just passed through my neighborhood and several of my neighbors had lost their homes and even the luckier ones had lost the rear half.

    Fortunately, it moved across the street after hitting the house next door.

    I watched the thing from my front porch which wasn't too smart. It went from really windy to Oh My God!!

    I got thrown backwards through my screen door and another 8 feet into a wall. It could have been much worse. My next door neighbors were watching from their garage with the door open. They ended up under their SUV with the garage on top of them and parts of their home heading for points east.

    Didn't mean a thing to the Blanchard guy, he just wanted to sell overpriced gold.

    Would have loved to have had his personal cell number during the midst of Katrina. image
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
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