[Exhibitman]

Setting aside the PEDs the list of the ten most productive hitters in history is incomplete without Barry Bonds.

162.8 WAR (4th all time; 1st all time for position players)
6th all time on base %
8th all time slugging %
5th all time OPS
3rd runs scored
5th total bases
1st walks
1st home runs

But I digress...

The Gehrig is the perfect storm of adverse issues.

--The initial price is a PWCC price so who knows if it is legit
--The card is grossly overgraded. The card corners look to me like they were rounded intentionally. The card should have gotten an A. Buyers with $100K to spend aren't going to be fooled by an overgrade of this magnitude.
--There was a reserve. I agree that reserves depress bidding.

The card Scott posted is typical of my experience with SGC grading Exhibit cards: they knock the snot out of them. Between the full bleed image and the size, a 5 on a prewar Exhibit is a very strong grade. At the 2006 National I purchased a small grouo of really nice fresh-to-the-hobby 1928s and i think the best grade I got out of the lot was a 5.5.