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hankronTerry, I mean this with respect, but I personally would never bid on a piece of memorabilia aucioned as 'as is.' If a seller can't offer a reasonable guarantee of authenticity and/or satisfaction, he shouldn't be putting it up for sale, and I certainly won't be bidding on it.
I also beleive that you should press and get your money back. Irrelevant to a lack of guarantee, I don't beleive that a seller has the right to sell a fake for $75. This is an ethical, rather than legal opinion.