OT: regarding teletrade handling time

Twinturbo

Im trying to send a raw submission to teletrade for consignment.
Now my question is what is the range for turn around time from me mailing until I recieve my check?
Ive contacted their customer support ajd scoured there website to no avail.
Anyone done this before and can provide insight or pist the time it took?
Thanks

silverman68

It took them 35 days just to send me my check on a regular auction. With them sending in raw coins for you I would think 2-3 months. Once they are graded they have to be scheduled for auction then another 5 weeks for payment.

Although my first consignment check was sent in 10 days but no so for my second. good luck

Twinturbo

Thanks for the input, first info ive gotten so far

WTCG

Today is Sunday. Try calling Teletrade on a business day.

As for settlement turnaround, payment is 30 days after the auction. Once they receive the coins the grading turnaround takes several weeks. It takes about two weeks for the graded coins to be listed in a sale. Total time from reception to payment date is a little over two months.