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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TH who wrote (98376)10/6/2008 12:29:42 PM
From: Jack Hartmann1 Recommendation  Read Replies (2) of 110194
 
What did Tulving do exactly.


In 1992, Hannes Tulving Rare Coin Investing Inc. of California settled FTC charges that the firm "created and maintained an artificial coin market to induce the purchase of coins at inflated prices." The firm was fined $260,000

toledoblade.com

I remember it quite well as a coin dealer. He was buying these huge ads in numismatic publications and sucking the savings out of alot of people. Coin World ran long articles about them and others mentioned in the Toledo blade article.

I was around in the business when David Hall started PCGS. Just remember, no one regulated them or the coin grading business. They could fold up tents and call it a day.
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