Hannes Tulving Slabs

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thecointrader
thecointrader Posts: 480 ✭✭
in U.S. Coin Forum
I just picked up this odd group of Franklins, paid about $80 for the lot. I'm not familiar with these Hannes Tulving slabs, but I figured I couldn't go wrong for the price.

Can someone enlighten me about the Tulving slabs? I'm assuming these are pre-PCGS. Should I keep these in the old slabs or crack 'em?

image
"Giving away an MS-65 $20 St. Gaudens to everyone logged in when I make my 10,000th post..."

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  • ColonelKlinck
    ColonelKlinck Posts: 415 ✭✭✭
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    Link

    Tulving was a bullion dealer not so long ago (2000-2005) if I remember. Can't comment on the slabs as I know nothing......NOTHING about them. Looks as if you got a good deal, though.

    Editied for LINK
  • truthteller
    truthteller Posts: 1,240 ✭✭
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    Hannes Tulving Co. is still around. They were a major market maker in the 2000-2007 market runnup. They were noted to be one of PCGS best customers submitting thousands of coins every week for the modern market. I don't know their market share today since Hannes had a stroke a few years back.

    Hannes Tulving created their own slab in the mid 1980's and into the early 1990's. They issued their own private buy/sell sheet for their slabbed coins. By today's standards, many of the Hannes slabs were graded conservatively and often grade higher when submitted to PCGS or NGC.



    TRUTH
  • abitofthisabitofthat
    abitofthisabitofthat Posts: 2,142 ✭✭✭
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    They are still active in the bullion market. I am not aware of them dealing anything but bullion currently, but I could be wrong.

    merse

  • guitarwes
    guitarwes Posts: 9,308 ✭✭✭
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    Thruth's got it right. You did well getting all these for ~ $80.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
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  • Russ
    Russ Posts: 48,514 ✭✭✭
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    I have several 1964 proof Kennedys in those slabs, and every one of them is graded PR64 just like those Frankies.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • kranky
    kranky Posts: 8,709 ✭✭✭
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    So you paid less than melt? Seems like you can't really go wrong there.

    I have a whole box of Tulving slabs, a constant reminder of my poor judgment of years ago. Maybe slab collectors down the road will bail me out. image

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • astrorat
    astrorat Posts: 9,221 ✭✭✭✭✭
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    These slabs come around every so often, but not as much as a few years ago. For a "self-slabber" the coins seemed to be accurately graded at the time they were slabbed. The hard part is finding slabs where the label is not damaged or the price has not been marked through.
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • Cameonut
    Cameonut Posts: 7,435 ✭✭✭✭✭
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    I guess I am coming in late, but thought I would post my Tulving "slab". More like an early David Hall flip - sonically sealed and the coin is in a Cointain to protect it from the PVC.

    imageimage

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
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    I would crack them and either put them in my own holder (with my grade and price) or submit them. Looks like you got a nice deal on them as they melt for 11.52 each or 92.13 for the group. Cant tell much from the lighting in the photo but I would wager many of them may be better than just PF 64.

    Thanks for sharing - looks like a nice group of Franklin Proofs!
    Investor
  • JCMhouston
    JCMhouston Posts: 5,306 ✭✭✭
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    Tulving was a major market maker in the 90's. After his consent decree with the Feds he paid a fine, and was supposed to pay back around $10,000,000 that he defrauded customers out of. These look from that time period although I am surprised they were graded so low. He declared bancruptcy after agreeing to the settlement to get rid of another $40 mill or so in civil suits.

    He now runs a bullion business where you wire him money and then he will ship you bullion. image

    Really, you can't make this stuff up.

    http://articles.latimes.com/1991-01-16/business/fi-266_1_coin-dealers
    JCM-Houston
    World Collection
    British Collection
    German States Collection
  • Wabbit2313
    Wabbit2313 Posts: 7,268 ✭✭✭✭✭
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    I have a bunch of these. They are quite easy to "crack out". Just push those little tabs.

    The Morgan I sent in was Tulving 61, PCGS saw it at 64. I may not crack any more because they are cool little slabs.
  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Nice pick-ups. I'd leave them
    alone !!!
    Timbuk3
  • SanctionII
    SanctionII Posts: 13,184 ✭✭✭✭✭
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    Check the 1961 proof half dollars to see if any of them are the valuable Double Die Reverse Variety [there are multiple varieties of 1961 DDR proof half dollars, one of which is very valuable].
  • Elcontador
    Elcontador Posts: 7,743 ✭✭✭✭✭
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    << <i>Hannes Tulving Co. is still around. They were a major market maker in the 2000-2007 market runnup. They were noted to be one of PCGS best customers submitting thousands of coins every week for the modern market. I don't know their market share today since Hannes had a stroke a few years back.

    Hannes Tulving created their own slab in the mid 1980's and into the early 1990's. They issued their own private buy/sell sheet for their slabbed coins. By today's standards, many of the Hannes slabs were graded conservatively and often grade higher when submitted to PCGS or NGC.


    TRUTH >>



    Correct me if I am mistaken, but I remember them as being a big fish in the early bullion run-up of 1979-1980. They were part of the first large group which tried to market generic Unc. coins - especially Morgan Dollars - to investors.

    This was right around the time I got my GSA CC $s from the Mint, and I learned long before this not to trust entities to correctly grade the product which they were selling.

    I don't know about Truth's comments re the grading of their own coins in the mid-1980s. But I am curious as to whether I am correct in my comments here and furthermore, whether such Morgans, which I think were sold in the thousands, were correctly graded.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    << <i>Tulving was a major market maker in the 90's. After his consent decree with the Feds he paid a fine, and was supposed to pay back around $10,000,000 that he defrauded customers out of. These look from that time period although I am surprised they were graded so low. He declared bancruptcy after agreeing to the settlement to get rid of another $40 mill or so in civil suits.

    He now runs a bullion business where you wire him money and then he will ship you bullion. image

    Really, you can't make this stuff up.

    http://articles.latimes.com/1991-01-16/business/fi-266_1_coin-dealers >>


    his coin business went belly up in 1991, but his bullion business is thriving and has a great reputation for service and quantity bullion at great prices. I buy all of my quantity from them and highly recommend them to the quantity buyers.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    them are different and it looks good on the pick ups you got there image

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