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Marc S.Vendomecat actually lost on a fairly absurd auction recently, too:
http://cgi6.ebay.com/aw-cgi/eBayISAPI.dll?ViewBids&item=2744566585
Now, as I am a Mike Schmidt collector -- I can pretty much look at an auction like this with the smug satisfaction that I recently purchased a 1982 Topps Sticker Box for $5, had PSA grade my Schmidt for $6, and own a similar PSA 9 for $11 -- plus a whole host of other stars from the set for inexpensive prices. I honestly do not know why (m)any people would be paying this much for modern stuff that is reasonably obtainable through self-submissions.
That being said -- the person who bought it is a really nice young guy who seems to also love Schmidt cards a lot, and sometimes gets caught up in those that he wants to add to his set.