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RC_McKenzieHualalai7 is still around. He won an Old Judge Silch that I had a bookmark bid in a few weeks back.
There have to be 2 serious bidders that want the item. If you're selling a Ty Cobb or PSA 8, it's all good, otherwise you need some luck. I underbid a r423 uncut strip the other day at $31. I would probably have had to pay at least $100 to win it.