Market News

Monday Morning Wrap Up – October 26, 2020

Ask an Expert | October 26, 2020
Trick or treat? Halloween is fast approaching. What spooky surprise might be just around the corner? The nation is on edge. Early voting numbers are through the roof. A record number of 52 million Americans have already cast their ballot in this year’s U.S. Presidential Election – and we still have another week to go…

“What Happens If…” States are not ready to declare a winner

Ask an Expert | October 21, 2020
It’s December: The Nation Is Still Waiting for a Winner Dozens of lawsuits are underway to decide whether or not uncounted mail-in ballots in key battleground states should be counted. It was a rigged election, the Republicans say! So…here we are in early December – and the nation still doesn’t know who won the Presidential…

Monday Morning Wrap Up – October 19, 2020

Ask an Expert | October 19, 2020
Goldman Sachs says sell U.S. dollar, buy silver. Heading into the U.S. election, Goldman Sachs issued new reports over the past week advising its clients to sell the U.S. dollar and to buy silver. “The risks are skewed toward dollar weakness, and we see relatively low odds of the most dollar-positive outcome — a win…

Americans Are Socking Away More Than Ever…But Are Their Savings Safe?

Featured | October 15, 2020
Americans historically have been terrible at saving. The COVID-19 crisis changed that. Indeed, the COVID-19 crisis has changed our lives in so many ways, including how much we save. Back in 2013, the American personal savings rate stood at a paltry 3%. That compares to Germany (10%), Australia (11%) and France (15%), according to Organization…

“What Happens If…” Biden Wins on Election Night…But Trump Prevails After Mail-in Ballot Count

Ask an Expert | October 14, 2020
Rejected Ballots Deliver Win to Trump. It’s Election Night 2020. Democratic contender Joe Biden is ahead in the popular vote as of 9 pm ET. Traditional “Blue” states like Washington, Oregon, California, New York and Illinois have been called for Biden. Key battleground states like Minnesota, Wisconsin, Michigan and Pennsylvania with their rich number of…

Leverage Our Expertise

Deliver Fresh Industry Insight to Your Audiences

Blanchard experts are excellent primary sources for data, analysis and opinion when you’re covering the gold market and precious metals and rare coins investment strategy. If you need a uniquely qualified, experienced voice of understanding on these subjects, we are pleased to provide our expertise.

Company Profile

Blanchard is the largest and most respected investment firm in the U.S. that specializes in precious metals and rare coins. We have provided hundreds of thousands of people with the expert consultation they need to strategically acquire American numismatic rarities and gold, silver, platinum and palladium bullion.

We are unequaled in the industry in terms of breadth of experience, personal service, inventory and expertise. More than 85 highly experienced, knowledgeable professionals serve the long-term interests of our clients. Our staff includes an industry-leading numismatic expert, precious metals and rarities consultants, economists and trend analysts, and a dedicated client support services department.

Quick Facts

  • Founded in 1975
  • 450,000 customers to date
  • Over $1 billion in sales in the last 3 years alone
  • Owned and sold more than half of the published 100 Greatest U.S. Coins
  • 85+ employees
  • Headquartered in downtown New Orleans
  • Office in Dallas
  • Our Leadership Team

Our Leadership Team

  • Donald W. Doyle, Jr., Chairman of the Board
  • David Beahm, President and Chief Executive Officer
  • Michael E. McGoey, Executive Vice President and Chief Operating Officer
  • Debbie Cash, Chief Financial Officer
  • L. Craig Baudot, Executive Vice President of Sales

References

  • Iberia Bank 504-310-7178
  • Steven Kupperman, Corporate Attorney 504-589-9700
  • Heather Adams, Goldstar Trust Company, IRA Trustee 800-486-6888
  • KPMG, Auditors

Media Contacts

Larry Lovell Peter A. Mayer Public Relations
504.210.1218 (direct)
504.289.7713 (mobile)
Email Larry Lovell

Meet the Blanchard Leadership Team

Visionaries in Tangible Assets Investing

The Blanchard leadership team is composed of highly experienced and knowledgeable professionals committed to helping more people discover the wealth-preserving benefits of investing in precious metals and rare coins. The industry turns to our team as a primary information resource in the areas of gold market analysis, investment strategy, numismatics and more.


Donald W. Doyle, Jr. Photo

Donald W. Doyle, Jr.

Chairman

Donald W. Doyle, Jr. has been the Chairman, CEO, and sole shareholder of Blanchard and Company, Inc., since October 1991, when he purchased the company from the Allegiance Capital Partners investment partnership. He was the company’s CEO prior to acquiring it, joining on June 30, 1988.

From 1993–95, Donald served as the Chairman of the Industry Council for Tangible Assets, and he served as President of the Coalition for Equitable Regulation and Taxation, which successfully supported legislation that allows individuals to hold gold in their IRAs. He was a partner in the New Orleans law firm of Doyle, Smith and Doyle from 1966 to 1980, and he served in the U.S. Marine Corps and left in 1970 with the rank of Captain after two tours of duty in Vietnam.

Donald attended the University of Notre Dame and Tulane University Law School, from which he received a J.D. degree with honors in 1966. He is a member of the American, Louisiana and New Orleans Bar Associations.

 

David Beahm Photo

David Beahm

President & CEO

David Beahm has held several key leadership positions since joining Blanchard more than a decade ago, including Executive Vice President of Operations and continues to serve as Secretary of the Board of Directors. As Chief Executive Officer, David will focus on strategy, leadership, innovation and customers, as well as remaining active in the firm’s day-to-day management. He is also responsible for all aspects of the company’s brand and reputation.

An established and respected resource for the financial media, David also provides business, economic and investment insight to many esteemed news organizations. His expertise on the precious metals and financial markets has been featured inThe New York Times, Wall Street Journal and SmartMoney magazine, to name a few.

Prior to joining Blanchard as Director of Marketing and Client Information, David began his career with the Whitney National Bank (now Whitney Bank) in New Orleans. He is a graduate of the University of New Orleans and holds an M.B.A. from Ellis College in New York.

 

Debbie Cash Photo

Debbie Cash

Chief Financial Officer

After graduating from the University of New Orleans 1978 with a Bachelor of Science degree, Debbie Cash began her career in 1978 with KPMG as a Certified Public Accountant. In 1982, she became the controller of Rainbow Chevron Group, Inc., followed by the beginning of her long her career at Blanchard and Company in 1985 as the controller. She became Chief Financial Officer and a valued member of our executive team in 2003.

Debbie is a member of the American Institute of Certified Public Accountants and the Louisiana Society of Certified Public Accountants. She is also a Chartered Global Management Accountant and Certified Treasury Professional.

 

L. Craig Baudot Photo

L. Craig Baudot

Executive Vice President of Sales

L. Craig Baudot began working as a Portfolio Manager for Blanchard in 1986, and his dedication and passion for the business prompted the company to promote him to Sales Manager in 1991. In 2001, he was promoted again to his current position of Executive Vice President of Sales.

Craig’s experience and knowledge of the precious metals and numismatic industries make him one of the most qualified sales professionals in the country. He attended Louisiana Tech University in Ruston, Louisiana, and he is a native of South Louisiana.

 

Put the Industry’s Top Numismatists to Work For You

When investing in rare coins from Blanchard, you are not merely acquiring an advantageous portfolio asset. You are also engaging in a relationship built upon the strongest and most reputable of cornerstones.

Our meticulous coin acquisition is unrivaled, and it reflects the union of our superior business principles and impeccable rare coin selection methods. We proudly offer coins handpicked by John Albanese, who is the top numismatist and coin grader working in the rare coin market today.

In fact, Blanchard has owned and sold more than half of the coins in Whitman Publishing’s 100 Greatest U.S. Coins list.

John Albanese: a Renowned Name in Numismatics

When you are ready to invest in a numismatic rarity, John Albanese is the person you want handpicking your coins for you. This is precisely what you get when choosing Blanchard.

John has more than 35 years of experience in numismatics, and he holds the unique distinction of creating both of America’s leading independent coin-grading services. He co-founded Professional Coin Grading Service (PCGS) before launching Numismatic Guaranty Corporation (NGC), where he personally graded more than one million coins.

Today, John is America’s leading professional numismatist, and he is a world-renowned authority on coin grading and the rare coin market.

Employing the Highest Standards on Your Behalf

Blanchard routinely rejects more than 75% of the rare coins offered to us as inferior and unacceptable. Our handpicked coins typically perform at higher rates of appreciation than low-quality coins of the same grade that are promoted by others. Our pricing reflects our conviction that acquiring products from the highest echelon of rare coin standards is essential to every collector’s strategy.

A Key Industry Influencer From the Beginning

Blanchard and Company, Inc., was founded upon and continues to be driven by the belief that precious metals and rare coins possess unique qualities that make them attractive holdings for any long-term investment strategy.

The hard work of two Blanchard visionaries — Jim Blanchard and Donald Doyle — helped pave the way for the millions of investors today who leverage these tangible assets to enhance and protect their wealth.


Blanchard History: A Timeline

Jim Blanchard

1933

FDR legally prohibits private U.S. citizens from owning gold.

 

1971

Jim Blanchard spearheads a nationwide grassroots movement to legalize gold ownership, seeing it as a core right and a key to individual prosperity. He founds the National Committee to Legalize Gold.

President Nixon

1971

President Nixon takes the U.S. dollar off the gold standard.

 

1973

Blanchard arranges for a biplane with a “Legalize Gold” banner to fly over President Nixon’s second-term inauguration. He also holds press conferences across the U.S., brandishing gold bars and daring authorities to arrest him.

 

1974

President Ford legally permits the private ownership of gold.

 

1975

Blanchard opens the investment firm of Blanchard and Company, Inc., in New Orleans, Louisiana.

 

1983

Blanchard cofounds the Industry Council for Tangible Assets and serves on the Cato Institute.

 

1984

The World Gold Association names Blanchard Man of the Year.

Donald Doyle

1988

Donald Doyle replaces Jim Blanchard as CEO of Blanchard and Company.

 

1991

Doyle purchases Blanchard and Company from Allegiance Capital Partners.

 

1993

Doyle becomes Chair of the Industry Council for Tangible Assets.

 

1995

Blanchard places its first one million dollar coin, a $4 Stella

1995

Blanchard reaches 200,000 clients served

 

1996

Doyle serves as President of the Coalition for Equitable Regulation and Taxation, successfully supporting legislation allowing individuals to hold gold in their IRAs.

 

1999

Blanchard and John Albanese — the world’s most renowned numismatist — team up together.

 

2000

Blanchard reaches 300,000 clients served.

$20 Saint-Gaudens

2001

Blanchard places its first seven-figure coin, the $20 Saint-Gaudens Ultra High relief.

$20 St. Gaudens 1907

2002

Blanchard places a $20 St. Gaudens 1907 Ultra High Relief for well over $1 million

 

2002

Blanchard partners with Odyssey Marine for the exclusive rights to sell the coins and bars from the S.S. Central America, which sank in 1857 off the coast of South Carolina

 

 

2004

Blanchard places one of the five 1913 Liberty Nickels, the Hawaii 5-0 specimen

 

 

2005

Blanchard opens its second office in Dallas, Texas

 

 

2007

John Albanese forms CAC with Blanchard.

1804 Dollar

2009

Blanchard places the 1804 Dollar pedigreed Adam Carter

 

 

2009

Blanchard reaches 400,000 clients served.

The Brasher Doubloon

2011

Blanchard places The Brasher Doubloon, the world’s most valuable rare coin at the time.

 

 

2013

Blanchard places over 250 1000 ounce silver bars that were lost with the sinking of the Gairsoppa, which sank in 1941 off the coast of Ireland and Great Britain, after being fired upon by a German U-boat. The wreck of the Gairsoppa was discovered in 2011

 

 

2014

Blanchard reaches 450,000 clients served

1894-S Dime

2014

Blanchard places the 1894-S Dime pedigreed Daggett

 

David Beahm

2015

David Beahm is appointed Chief Executive Officer by the Board of Directors

 

 

2016

Blanchard opens their third office in Mandeville, Louisiana

 

2016

Blanchard sells over 200 coins from the 300th anniversary of the sinking of the 1715 fleet which was carrying the “Queen’s Jewels”

 

 

2017

AG Finance is a wholly-owned subsidiary of Blanchard and Company, Inc. that specializes in loaning money to its clients where their rare coins and precious metals are used as collateral

 

The Largest, Most Respected Investment Firm of its Kind

Blanchard is a family-owned company with broad reach and deep roots in the precious metals market. We live by our name, which is known nationwide for honesty and integrity.

A superior tangible-assets portfolio is an ancient, proven strategy for protecting and enhancing wealth. Over the past 40 years, we have helped clients invest in American numismatic rarities and gold, silver, platinum, and palladium bullion.

It is our honor to help serious investors and collectors employ this strategy in the service of their financial goals.

What We Offer

Our history gives us unparalleled expertise in helping investors build solid portfolios. We take the time necessary to deeply understand your investment objectives, investment time horizon, and risk appetite before recommending products for your consideration.

Speaking with one of our portfolio managers before you invest can dramatically improve your purchasing power and help you avoid an unprofitable purchase. We can also help you on topics such as IRAs, inheritance, storage, diversification, and other factors affecting the metals markets.

Our team delivers:

  • Custom Research. The best numismatist in the country personally purchases every coin that we sell, while rejecting over 75% of those offered to us. If there is a particular coin or set that you are trying to build, our numismatists can help source your coins from collections around the world.
  • Safety and Security. We ship registered and insured by default, because it is the safest method to guarantee a successful delivery.
  • Competitive Prices. If you find a cheaper price on the Internet, please let us know and we will aspire to match or beat that price. Your return on investment begins with getting the best deal possible from the start.
  • Commitment. We offer a 100% buyback guarantee to purchase your investment back at any time at the then current value.
  • Relationships. We are here for our clients throughout their lifetimes. A dedicated portfolio manager works with every client in order to help them achieve enduring financial success—and sometimes build lifelong relationships.

Our History

Legalize gold

Our founder, Jim Blanchard, helped pave the way for the millions of Americans today who leverage precious metals and rare coins to enhance and protect their wealth.

Jim Blanchard spearheaded a nationwide, grassroots movement to legalize gold ownership, driven by his passionate belief that gold ownership is a core right and a key to individual prosperity. His colorful marketing campaigns became the stuff of legend. Blanchard arranged for a biplane with a “Legalize Gold” banner to fly over President Nixon’s second inauguration, and he held press conferences across the U.S., at which he brandished gold bars and dared authorities to arrest him.

In 1975, one year after President Ford legalized the private ownership of gold, Blanchard opened the investment firm of Blanchard and Company, Inc. in New Orleans, Louisiana. Today, Blanchard has served more than 450,000 clients. We have transacted over $1 billion in sales in the last three years alone.

Brasher

Over 18 years ago, Blanchard partnered with John Albanese—the world’s most renowned numismatist—who brought an unmatched level of expertise to Blanchard’s coin selection strategies. Shortly after, we placed our first seven-figure coin, the $20 Saint-Gaudens Ultra High Relief. In 2011, Blanchard placed the Brasher Doubloon, the world’s most valuable rare coin at the time.