I am fairly certain that the card had a reserve that didn't post until there were only a few days left. The bidding took it to $8 k and then the reserve of $17 k posted making that the bid with no high bidder. Basically the card didn't sell because nobody bid the reserve. HA then offered it for sale after the auction.
Quote:
Originally Posted by Stonepony
How often? Who knows. HA, I believe, is the only one brazen enough to afford themselves that right. A clue may be what happened with the Lenox Cobb: It hung around $8000 , with a sudden bump to a $17,000 bid ( which I believe was a house bid) . It hammers at that price and the next day is for sale at Heritage at that price. Disgusted me, but maybe I'm wrong in how it went down.
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