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The E-Sylum: Volume 6, Number 30, July 27, 2003, Article 10 MCNALL IS BACK Long out of circulation as a guest of the federal penitentiary system, former high-flying coin dealer Bruce McNall is back in the news, this time peddling a book on his escapades as a coin dealer, movie producer, hockey team owner, bank defrauder and inmate. From a review in the Toronto Star: "Back when McNall was 14, he took a part-time job as a clerk in a coin and stamp shop. With seemingly lightning speed, he could distinguish a sestertius from a denarius, and, borrowing $3,000 from his grandmother, he bought a tray of coins from a vet who walked into the shop. He sold the coins, repaid his granny and ended up with more than $10,000 in profit. He was still in high school." A July 19th Reuters article noted: "In the 1980s and early 1990s, McNall was a major Hollywood player. He leveraged his first fortune as a dealer in rare coins into producing movies such as "WarGames" and "Mr. Mom," and he bought the Los Angeles Kings professional hockey team. McNall, now 53, accomplished what many thought to be the impossible and lured hockey legend Wayne Gretzky from Canada to Los Angeles, gave advice to Walt Disney Co. chief Michael Eisner, counted Michael J. Fox and Jim Belushi among his friends and hosted dinners for Ronald and Nancy Reagan. It was, as McNall titled his new book that landed in retail stores this week, "Fun While it Lasted." "In the early 1990s, he came under suspicion of defrauding banks out of more than $200 million. He eventually pleaded guilty and in 1997, began serving a 70-month sentence in federal prison. http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=3119537 Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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