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How Mack Pogue made (and sometimes lost) big money.
bidask
Posts: 14,022 ✭✭✭✭✭
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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Comments
<< <i>I don't think it's proper to post and discuss a collectors private affairs even though its public information. >>
Broadstruck, if it's public it's not private.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>
<< <i>I don't think it's proper to post and discuss a collectors private affairs even though its public information. >>
Broadstruck, if it's public it's not private. >>
Still not something that should be posted here as it's not coin related.
<< <i>Still not something that should be posted here as it's not coin related. >>
The web is a strange place. I read the link and found it interesting, but like the contents of Lou Eliasberg's wallet, it has a yucky feel to it.
Company perspective makes a nice mission statement. Just let ONE man live that way. ONLY ONE
and it would read like this :
My commitment to excellence defines who I am . It's my edge, the intangible advantage my company has over my competitors. It's demonstrated in my client relationships, in the products and services I offer, and in the way I conduct business. It's not a one-time attitude. It's my day-to-day standard. I meet and exceed my clients' expectations through accountability, hard work, pride in my reputation, and my constant pursuit of the highest standards of quality.
When the world gives us lemons, we make lemonade with the company we keep.
``https://ebay.us/m/KxolR5
I agree some folks are just to full of themselves...
It's almost a rule around this place these days that someone must get chastised for something as soon as they start a thread...
The market forces for coins are as significant as is the technical aspects of coins themselves, at least as regarding posts on this forum. There are many,posts on this forum regarding business practices of eBay sellers that have not much to do with the merits of a coin, only the business practices of the dealer.
OINK
<< <i>I aired some of famed Numismatist Eliasberg's dirty laundry in this old thread. >>
Actually the "dirty laundry" is not for the numismatist Eliasberg, but for his son.
I agree with Broadstruck, details of personal life are "off topic" and are not appropriate in this forum.
Details of coin seller practices are "on topic". Details of, say, my college transcript are not.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
<< <i>
<< <i>I aired some of famed Numismatist Eliasberg's dirty laundry in this old thread. >>
Actually the "dirty laundry" is not for the numismatist Eliasberg, but for his son.
I agree with Broadstruck, details of personal life are "off topic" and are not appropriate in this forum.
Details of coin seller practices are "on topic". Details of, say, my college transcript are not. >>
Yoscllimber, you have posted numerous timesl about your vocation managing portfolios at a Wall Street firm.
The article I posted is about Mack Pogue's wildly successful business career. It's hardly about his 'personal life'.
I have great business respect for this man who built a very powerful real estate empire through hard work and which presumably he gained most of his wealth which funded his ability to acquire his astonishing coin collection over many years. I find it historic and very coin related topic.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Time will tell why they are bringing their coins to auction but I highly doubt the sale of one coin to another collector crushed their spirit.
Is there a difference?
One day, this set will be the thing of legend just like those three collectors.
There is no way I am reading that whole article, but if he made money and bought coins, good for him!
<< <i>We post all the time about Pittman being an engineer for Kodak and mortgaging his house to buy coins from Farouk.
Is there a difference? >>
Kodak is now out of business.
peacockcoins
<< <i>We post all the time about Pittman being an engineer for Kodak and mortgaging his house to buy coins from Farouk.
Is there a difference? >>
Without a doubt. John had, long before his death, made it clear that his coins would be auctioned.
The people selling are still alive. Public as some of the information might be, they are private collectors. They are entitled to some courtesy and restraint.
For some, there must be a dark side. A disruption in the Force; incipient disaster to be avoided only through their good offices. Hell of a zeitgeist for some, and Heaven help them with the noise in their heads. Sometimes I take what they have to say as trolling. YMMV
Perhaps TDN thinks there is no difference. Or he's playing Devil's Advocate. But if the twins have a trust fund, maybe Mrs. TDN doesn't want anyone to know. C'mon guys, let's speculate. . . .
Bruce, sorry to be using you as a rhetorical device, but you're as close to these guys in collecting power as any we've got here.
I'd afford the TDN's the same privacy as I would the Pogues. Or Queller. Or Gardner. Dave had also long before he sold made it clear he would take the same path as JJP. Here's the emmes. I consider every sighting of any and every coin to be transactional. You are entitled to nothing more.
Funny, isn't it? As recently as 3 months ago, Gene and Brent were both were buying coins. . . . What does it mean?????? Inquiring minds, or National Enquirer?
I'm 70 now. Want the plan for how the meager Sear family trust is configured? A current listing of what's in Andy's "South of the Border" collections, even though speculating on his current inventory would be bad manners?
Where do you want to draw your line? Imagine any man, conscious of his mortality, selling a many year's work of love. Show love for his coins, respect for his work, and leave the psychoanalysis and forensic accounting to others.
Might be Mack. Might be me. Guess who else it might be, pilgrim.
Have you no shame? . . .
They could have called it the Dallas Collection if they wanted their privacy.
<< <i>I, for one, find the finances behind the collections and how they were generated just as interesting as the collections themselves. >>
I must admit I feel the same way. How people make their fortunes (legal or otherwise) fascinates me.
<< <i>Which is not to say that there are not bounds - I for one would never want actual personal information published. But if one releases one's name publicly and ASKS for publicity, it's completely naive not to expect everything findable in a quick internet search to become immediately associated publicly. >>
Bruce, is having ones name on the pedigree not an invitation to open up Kardashian type exposure? I hope not, but the lowest denominator seems to prevail on the internet.
Just like I thought long and hard before I named my early dollar set on the Set Registry with my true name. Every other set had been Legend Collection or Tradedollarnut.
"Got a flaming heart, can't get my fill"
<< <i>Just like I thought long and hard before I named my early dollar set on the Set Registry with my true name. >>
OK now that you have spill the beans on how you managed to purchase 8 figure coins...
Heck don't forget to disclose if you budget by purchasing TP by the roll, 6-pack, or 96 ct bulk at Costco?
<< <i>
<< <i>Just like I thought long and hard before I named my early dollar set on the Set Registry with my true name. >>
OK now that you have spill the beans on how you managed to purchase 8 figure coins...
Heck don't forget to disclose if you budget by purchasing TP by the roll, 6-pack, or 96 ct bulk at Cosco?
A simple internet search will reveal exactly how I am able to do so. Just as a simple internet search will reveal the Pogue's place on the top 100 list of Dallas mansions.
In this day and age, once you reveal something, you reveal a lot.
And how's about that inventory of the TDN holdings.
Since you, having told us about your intimate numismatic relationship with the Pogues, surely must have more insights into their intentions than most, why don't you, in the spirit of fellowship and transparency, fill us in first on what YOU know. Give us the down-low.
Please take my remarks as personal trolling, as you appear to treat anything that disagrees with what you know, so much better than anyone else, to be THE world. There is a proclivity among some whose traits present as excessive obsessiveness and self-referentiality to have a lack of empathy. I've struggled with this myself for many years. Remember, I was a genius in both computers and cons before you had a paper route. Trust me, it has the potential in some to be corrupting. Compassion is a detriment to functioning within this persona. Perhaps this would be a good chance to look in the mirror, even if my image is distorted in a different way that yours is.
By the way, did you notice how, in your last post, you only disagreed with one point. I've actually noticed it a time or two before. I have two possible interpretations of this.
1) While you totally agree with everything I have to say, your ego is to bid to admit that you are wrong to such an arrogant and disrespectful person as myself.
2) You have no basis to argue any of those other unmentioned points and don't have the chops to defend anything else.
3) Hey, everyone needs some denial in their life, 'cause it's not livable without some.
DO NOT FEED THE TROLL. And, also, please don't throw me in that thar briar patch.
By the way, this entire post is the personal opinion of Colonel Jessup and not Rick Sear, whose has three years of post-graduate psychoanalytical training and whose credibility, experience and licensing and has testified as an expert witness in that regard as well as doing so in coin-related cases. But I won't sign my name to any diagnosis made over the Internet.
Briar patch . . . .
Mack's been a gentleman and generous with his coins. Brent's being doing much of the heavy lifting for quite a while. Why don't you take them out to dinner and report back.
Inquiring mind or National Enquirer?
TDN or the Pogues. How about my (possible) high PSA's. TMI, seventy-years-olders? There's a support group of dealers with prostate issues on every bourse floor. Want their names?
WHAT IS THE DIFFERENCE?
Why don't we go back to "Behind every great fortune there hides a crime."?
<< <i>Remember, I was a genius in both computers and cons before you had a paper route. >>
As you were putting yourself on the couch during that last post, I presume this was a Freudian slip...?
<< <i>I'm mostly disgusted with the meme of "old and maybe sick".
And how's about that inventory of the TDN holdings.
Since you, having told us about your intimate numismatic relationship with the Pogues, surely must have more insights into their intentions than most, why don't you, in the spirit of fellowship and transparency, fill us in first on what YOU know. Give us the down-low.
Please take my remarks as personal trolling, as you appear to treat anything that disagrees with what you know, so much better than anyone else, to be THE world. There is a proclivity among some whose traits present as excessive obsessiveness and self-referentiality to have a lack of empathy. I've struggled with this myself for many years. Remember, I was a genius in both computers and cons before you had a paper route. Trust me, it has the potential in some to be corrupting. Compassion is a detriment to functioning within this persona. Perhaps this would be a good chance to look in the mirror, even if my image is distorted in a different way that yours is.
By the way, did you notice how, in your last post, you only disagreed with one point. I've actually noticed it a time or two before. I have two possible interpretations of this.
1) While you totally agree with everything I have to say, your ego is to bid to admit that you are wrong to such an arrogant and disrespectful person as myself.
2) You have no basis to argue any of those other unmentioned points and don't have the chops to defend anything else.
3) Hey, everyone needs some denial in their life, 'cause it's not livable without some.
DO NOT FEED THE TROLL. And, also, please don't throw me in that thar briar patch.
By the way, this entire post is the personal opinion of Colonel Jessup and not Rick Sear, whose has three years of post-graduate psychoanalytical training and whose credibility, experience and licensing and has testified as an expert witness in that regard as well as doing so in coin-related cases. But I won't sign my name to any diagnosis made over the Internet.
Briar patch . . . .
Mack's been a gentleman and generous with his coins. Brent's being doing much of the heavy lifting for quite a while. Why don't you take them out to dinner and report back.
Inquiring mind or National Enquirer?
TDN or the Pogues. How about my (possible) high PSA's. TMI, seventy-years-olders? There's a support group of dealers with prostate issues on every bourse floor. Want their names?
WHAT IS THE DIFFERENCE?
Why don't we go back to "Behind every great fortune there hides a crime."? >>
Colonel, in this coin related case, would you please give your opinion based on three years of experience of post-graduate psychoanalytical training, and as an expert witness , as to why Mack Pogue is selling his coin collection?
Also I will not comment on my prostrate but I hope every man out there is getting their prostrate checked once a year.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>
<< <i>Remember, I was a genius in both computers and cons before you had a paper route. >>
As you were putting yourself on the couch during that last post, I presume this was a Freudian slip...?
No it's when he said " your ego is to bid to admit......."
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>And their prostate, too!
Hasn't enough info leaked out from this thread?
<< <i>
<< <i>Remember, I was a genius in both computers and cons before you had a paper route. >>
As you were putting yourself on the couch during that last post, I presume this was a Freudian slip...?
"Partially-blind former world-class grader with friends in low places" . . . .
Well played, sir!
<< <i>
<< <i>
<< <i>Remember, I was a genius in both computers and cons before you had a paper route. >>
As you were putting yourself on the couch during that last post, I presume this was a Freudian slip...?
No it's when he said " your ego is to bid to admit......." >>
He was channeling his inner Laura
<< <i>
<< <i>
<< <i>
<< <i>Remember, I was a genius in both computers and cons before you had a paper route. >>
As you were putting yourself on the couch during that last post, I presume this was a Freudian slip...?
No it's when he said " your ego is to bid to admit......." >>
He was channeling his inner Laura >>
If you're her partner and don't recognize your own "Inner Laurie", it makes perfect sense that you wouldn't be able to make sense of quite a bit about what I say.
And, as Laurie has been a personal friend for 35 years, I resent you speaking of her so disparagingly in public as to consider her in some measure to be as worthy as contempt as you might see me. If you don't like my attitude, perhaps you don't recognize your "Inner Rick". Scary what a little too much narcissism will do to ego defenses. Seriously, even your best friends won't tell you, which is why I can. . .
And here I said that I don't diagnose over the Internet. . .
By the way, on a completely different topic, I really like your coins. It's an area where your genius shows up.
But get used to it, or hide from it, but none of us are more, at best, than multi-talented idiot-savants. . . .
Kevin says that he loves having you over for poker. . . .
Ok guys, we will have national publicity all set up. The family will have bios and interviews for the press. This will be a full court press media event!
Now who is in charge of making sure the PCGS chat room doesn't post a link to Mack's company?
<< <i>Yoscllimber, you have posted numerous timesl about your vocation managing portfolios at a Wall Street firm. >>
You must have me confused with someone else, because that is not my occupation. I don't even live in NYC.
Please don't try to convince me that you, though surely not you alone, are not motivated to a strong degree by prurient interest. My Bubbe could overhear a(nother) yenta from 50 feet away.
Seems you might chance some philosophical work (maybe read The Federalist Papers) on the differences between "liberty" and "license". If Wikipedia confuses you, a graphic novel may be the way.... But try......
Foment, campaign, or post your own damn link. Give us your analysis. If you can't buy the collection, maybe you can help us all get financing to get control of Pogue business interests as they come available.
Maybe you and Ackman or Icahn can set up some greenmail. Let US do the work for you. And then express our thanks for the opportunity to be guided by your moral compass.
Send a link to this thread to your "friend" Mack. He'll get a kick out of it. . . .
edited to add: I just got a text from Laurie. She said diaper issues have likely clouded your mind.
Sorry, honey. I'll stop now. I just wanted to make sure you got your money's worth out of the 5,000 words you paid me for this.
<< <i>I agree with Broadstruck, details of personal life are "off topic" and are not appropriate in this forum.
Details of coin seller practices are "on topic". Details of, say, my college transcript are not. >>
I agree with this view, and honestly I'm surprised it even needs to be debated.
Coin Rarities Online
<< <i>
<< <i>I agree with Broadstruck, details of personal life are "off topic" and are not appropriate in this forum.
Details of coin seller practices are "on topic". Details of, say, my college transcript are not. >>
I agree with this view, and honestly I'm surprised it even needs to be debated. >>
I bloviate for 5,000 words, and CRO refines it to..........
How's about this. It shows no class.