Posted By:
Bottom of the NinthFred,
The N172's in the last Superior auction had undisclosed reserves because they made an enormous error in buying the cards at any price let alone at the ridiculously inflated prices they did pay. They had to have lost a lot of money on them. It was also well know that the cards, while having graded EXMT to NM-MT by PSA, had all been professionally restored prior to Superior buying them in their PSA holders. Many collectors knew that or at least suspected that and stayed away.
Greg