So $300K reserve becomes $360K to the buyer plus sales tax of another $20K or so depending on the state. This set missing 2 keys of the 520 is not worth close to $400K to a collector. Hence, no buyer. If it had been announced at the outset that there was a reserve, it would have saved a lot of bidding.
At least Heritage starts their auctions at the reserve if there is one. They would have started it at $300K and there would have been zero bids. Saves a lot of wasted time for bidders.
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