Posted By:
David SmithIn Zimbabwe, they are currently having unbelievable inflation.
So, here is what you do; you bid on and win this trpohy for one BILLION dollars and then send in a one billion dollar bill (worth about .34 US cents) from Zimbabwe.
This way, the auction house gets its high estimate hit and gets paid in cash.
Then, when they say it was ridiculous for the winner to pay in Zimbabwean currency, the high bidder can come right back and say it is ridiculous for an auciton house to list $1 billion dollars as a high estimate for a sports item. Unless, that is, the auction house is selling the Chicago Cubs and Wrigley Field.
David