I think a lot of us have woken up the next morning after an auction and realized we should've bid more, or just missed the end of the auction. I know I've done both.
A few years ago a friend was the underbidder on a big dollar card in a high profile auction, and was offered it by the auction house for his top bid a week later. As the story goes the high bidder reneged, but the auction house went after the high bidder and recovered the difference between my friends bid and the high bidders.
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