Blanchard Company vs Provident Metals: Comparing Two Options

In the realm of precious metal investment, the choice of a dealer can make or break your experience. While the precious metals market is flooded with companies offering to help you purchase precious metals, not all are created equal. Today, we turn our spotlight on two industry giants in a “Blanchard Company vs Provident Metals” showdown. Both are reputable precious metal dealers with a rich history and a strong presence in the market, but how do they stack up against each other? Let’s dive in to find out.

Whether you’re a seasoned investor or a novice dipping your toes into the world of physical precious metals, this in-depth comparison of Blanchard Company vs Provident Metals will provide you with valuable insights. From product range and pricing to customer service and reputation, we’ll explore all the critical factors that matter to a savvy investor. So buckle up and join us on this exploration of two wholesale direct metals powerhouses.

Key Takeaways

Overview of Blanchard Company and Provident Metals

In the realm of precious metal investment, both Blanchard Company and Provident Metals have established a unique position for themselves. Their extensive experience, diverse product offerings, and noteworthy reputations have made them go-to choices for many investors. But what sets them apart? How have they managed to stay at the top of the game in the highly competitive precious metals market? We’ll examine each company in greater detail to uncover more.

Keeping in mind that each investor’s needs and goals are unique, we’ll strive to present an unbiased overview. Our goal is to provide the necessary information for you to make a well-informed decision on the dealer best suited for your journey in precious metal investment.

Blanchard Company

Established in 1975, Blanchard Company has a rich history rooted in the legalization of private gold ownership by President Gerald Ford. The company was founded by James ‘Jim’ U. Blanchard III, who was instrumental in this legalization movement. Since its inception, Blanchard Company has served more than 450,000 clients, which is a testament to its significant experience in the precious metals market.

Blanchard Company’s offerings include:

Of particular interest is their specialization in rare coins, which sets them apart in the market. Whether your aim is to diversify your portfolio with a variety of precious metals or invest in unique, rare coins, Blanchard Company can cater to your needs, just like Gainesville Coins.

Provident Metals

Founded in 2009, Provident Metals may be relatively new to the scene compared to Blanchard Company, but it has quickly established itself as a trusted name in the industry. With its headquarters in Dallas, Texas, the company has earned a reputation as a top provider of international and domestic bullion and other IRA-eligible metals.

What sets Provident Metals apart is its customer-focused approach. The company was established in response to the demand for a trustworthy partner in acquiring precious metals and providing adaptable payment options. In addition to offering competitive pricing for silver bullion and coins, Provident Metals also specializes in collectibles, providing secure storage solutions and innovative online sales and shipping methods.

Precious Metals Products

Blanchard & Company

When deciding on a precious metal dealer, considering the range of products they offer is vital. After all, the variety and quality of products available can significantly impact your investment journey. Both Blanchard Company and Provident Metals offer an extensive range of precious metals, but how do they compare? We’ll dig into their product offerings for a better understanding.

Whether you’re interested in gold and silver, platinum, palladium, or rare coins, both dealers offer a diverse range of options. However, the specifics of their offerings and their unique selling points may influence your choice of dealer. We’ll examine in detail what each company brings to the table.

Blanchard Company’s Product Range

Blanchard Company offers a comprehensive range of precious metal products spanning across gold, silver, platinum, and palladium. The company caters to a wide array of investor preferences with coins and bars available in various weights. From 1/10 oz. gold bars to 100 oz. silver bars, Blanchard Company caters to your needs.

What truly sets Blanchard Company apart, however, is its unique offerings. The company provides a selection of rare and limited edition coins, appealing to both collectors and investors seeking distinctive options in physical precious metals. This aspect of their product range is a testament to the company’s commitment to cater to a diverse set of investor needs and preferences.

Provident Metals’ Product Range

Much like Blanchard Company, Provident Metals also offers a diverse range of precious metals in both bullion and coin forms, making it an ideal place to purchase precious metals. Their inventory includes gold and silver products, including coins, bullion bars, and rounds. The company also offers platinum and palladium products, catering to a wide array of investor interests. As an alternative to Provident Metals, the American Precious Metals Exchange is another option for investors looking to diversify their portfolios. Additionally, Texas Precious Metals and Money Metals Exchange are platforms to consider for those seeking variety in their precious metals investments.

Where Provident Metals truly shines, however, is in its range of collectibles and numismatic coins. For collectors and investors in search of historical or rare items, Provident Metals offers a diverse selection. The company’s comprehensive range of precious metals, including base metals like copper, caters to both investors and collectors, making it a one-stop-shop for all your precious metal investment needs.

Pricing and Fee Structures

Blanchard & Company

While product diversity is key in selecting a precious metal dealer, the pricing and fee structures also hold significant importance. After all, the cost of your investment can significantly impact your returns. Both Blanchard Company and Provident Metals offer competitive pricing, but how do their fee structures compare? Let’s examine this further.

Transparency in pricing structures is particularly important for investors. It not only helps you understand the expenses linked to your investment but also enables you to make well-informed decisions. Both Blanchard Company and Provident Metals understand this, and their pricing structures reflect their commitment to transparency.

Blanchard Company’s Pricing and Fees

Blanchard Company’s pricing structure is largely contingent upon the value of the assets. The prices for their precious metal products, including gold coins and golden eagle coins, are determined by considering market conditions and competition. For example, the cost of a 1 oz Eagle silver bullion coin is $2,158.46, while a 1 oz Buffalo silver bullion coin is priced at $2,171.23. The price range for gold bullion coins is between $21,259.18 and $21,471.77, depending on the type and condition.

In addition to their competitive pricing, Blanchard Company offers discounts and promotions for their precious metal products. For instance, they offer free gold promotions and promo codes accessible on HotDeals, further enhancing the value they provide to their customers.

Provident Metals’ Pricing and Fees

Provident Metals takes a slightly different approach to pricing. The company utilizes spot prices and dynamic pricing to determine the sale prices for their precious metal products. This ensures their prices remain competitive and reflect the current market conditions.

When it comes to fees, Provident Metals does not levy any hidden charges. The company is transparent about its costs, which include setup fees, annual fees, and storage fees. Furthermore, Provident Metals offers incentives for large volume purchases, providing bulk pricing on many of its products.

Customer Service and Support

Blanchard & Company

Customer service is pivotal in any business, including precious metal dealers. A company’s ability to provide prompt, professional, and courteous customer service can significantly enhance your investment experience. Both Blanchard Company and Provident Metals understand this and have made customer satisfaction a priority. But how do their customer service experiences compare? Let’s explore this.

Providing reliable customer service is not just about solving problems; it’s about building relationships. Both Blanchard Company and Provident Metals have demonstrated their commitment to customer education, ensuring their clients are well-informed and confident in their investment decisions.

Blanchard Company’s Customer Service

Blanchard Company prides itself on its Legendary Service course, which trains their staff to deliver exceptional customer service. The company provides support through unlimited calls to their help center, which is accessible from 8:30am to 6:00pm EST, Monday to Thursday, and from 8:30am to 5:30pm EST on Fridays.

Beyond their accessible support, Blanchard Company offers educational support through resources like an eBook focusing on delivering exceptional customer service. This commitment to customer education is a testament to the company’s dedication to ensuring their clients have all the information they need to make informed decisions.

Provident Metals’ Customer Service

Provident Metals also offers excellent customer service. Their support can be reached through their toll-free phone number or by utilizing their My Account support. They also provide live chat support for prompt assistance. Their support is accessible from 8am to 6pm Central, Monday to Friday.

Provident Metals goes beyond providing responsive support. The company’s website is user-friendly, offering self-service resources like an FAQ and policy page. This makes it easier for customers to find the information they need, further enhancing their investment experience.

Gold IRA Services

Gold Individual Retirement Accounts (IRAs) offer investors the opportunity to diversify their retirement portfolios with precious metals. Both Blanchard Company and Provident Metals offer gold IRA services, but how do they compare? Let’s examine the services they provide in detail.

Gold IRAs can be a valuable addition to your retirement savings strategy. They offer a hedge against market volatility and can potentially deliver significant returns. However, setting up a gold IRA involves a range of considerations, including selecting a custodian, understanding tax implications, and adhering to IRS regulations on permissible gold types and purity standards.

Blanchard Company’s Gold IRA Services

Blanchard Company, one of the reputable gold IRA companies, provides a gold IRA service, offering the following benefits:

This service ensures that clients have all the support they need to navigate the complexities of setting up a gold IRA. From understanding IRS regulations to selecting the right precious metals for their portfolios, Blanchard Company supports its clients every step of the way.

Provident Metals’ Gold IRA Services

Provident Metals also offers gold IRA services. They support gold IRA rollovers, aiding clients in moving their current retirement funds into a self-directed precious metals IRA. This service makes it easy for clients to diversify their retirement portfolios with precious metals.

In addition to their support services, Provident Metals offers a range of IRS-approved gold products for inclusion in IRAs. This ensures that clients have a wide range of options for their precious metal investments. The company’s fees for gold IRA services include set-up fees, annual fees, and storage fees, with the exact amounts varying based on the selected providers and custodians.

Reputation and Reviews

The standing of a precious metal dealer is of significant importance in your investment decisions. Reviews and ratings by previous customers can provide valuable insights into the quality of their services. Both Blanchard Company and Provident Metals have established reputations, but how do they fare in the eyes of their customers? Let’s delve into this.

Customer feedback can provide valuable insights into a company’s performance. Whether it’s the quality of their products, their pricing, or their customer service, customer reviews can offer a wealth of information. We’ll examine the reputation and reviews of both Blanchard Company and Provident Metals in greater detail.

Blanchard Company’s Reputation and Reviews

Blanchard Company is widely recognized for its integrity and is considered one of the leading retail investment firms focusing on rare coins and precious metals. It is on par with other prominent online gold dealers like APMEX and JM Bullion. However, the company has also been the subject of notable negative reviews and complaints from customers.

Despite these negative reviews, Blanchard Company has shown commitment to addressing customer complaints. The company is accredited by the Better Business Bureau (BBB), and they manage customer complaints through their established customer service process. This commitment to addressing customer concerns is a testament to the company’s dedication to customer satisfaction.

Provident Metals’ Reputation and Reviews

Provident Metals has received mixed reviews from customers. The company has a 2.61-star rating from 44 reviews on Sitejabber and a ‘Poor’ rating on Trustpilot. The majority of complaints revolve around:

Despite these issues, Provident Metals continues to be a popular choice among precious metal investors. The company’s commitment to offering a diverse product range, competitive pricing, and excellent customer service has helped it maintain a solid reputation in the industry.

Conclusion: Choosing the Right Precious Metal Dealer

Blanchard & Company

In the realm of precious metals investing, the choice of dealer can profoundly influence your investment experience. Both Blanchard Company and Provident Metals offer a range of products, competitive pricing, and excellent customer service. However, the choice between the two ultimately depends on your individual preferences and investment goals.

Whether you prefer the long history and diverse product range of Blanchard Company or the customer-focused approach and competitive pricing of Provident Metals, both dealers have a lot to offer. As you commence your journey in precious metals investment, bear in mind that success hinges on comprehensive research, meticulous consideration of your investment objectives, and a lucid comprehension of what each dealer brings to the table.


In this comprehensive comparison of Blanchard Company and Provident Metals, we’ve explored various aspects of these two precious metal dealers. From their product range and pricing to customer service and reputation, we’ve delved into the factors that can influence your investment decision.

As we’ve seen, both dealers have a lot to offer. Blanchard Company, with its long history and diverse product range, and Provident Metals, with its customer-focused approach and competitive pricing, are both excellent choices for precious metal investors. The choice between the two will ultimately depend on your individual preferences and investment goals. As you embark on your investment journey, remember the importance of thorough research and informed decision-making. Happy investing!

Frequently Asked Questions

Is Provident Metals owned by JM Bullion?

Yes, Provident Metals is owned by JM Bullion. JM Bullion acquired Provident Metals on Oct 16, 2019.

Who is the most reputable gold and silver dealer?

Some of the most reputable gold and silver dealers are JM Bullion, American Precious Metals Exchange (APMEX), and American Hartford Gold. These dealers are well-known and trustworthy.

Who is the best company to buy gold coins from?

The best companies to buy gold coins from include JM Bullion, APMEX, and American Hartford Gold. These dealers are well-known for their trustworthiness in the market.

What factors should I consider when choosing a precious metal dealer?

Consider the dealer’s product range, pricing and fees, customer service, gold IRA services, and reputation and reviews when choosing a precious metal dealer. These factors will help you make an informed decision.

What is a gold IRA?

A gold IRA is a specific type of retirement account that enables individuals to include gold and other precious metals in their investment portfolio.