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T206Collector...mostly along those lines, but I always think that bids retracted, where the error requried more than one additional key stroke (as here two zeros) was intentionally done in order to "out" the highest bid. He did that here, to indentify the first "max bid," and now has been outbid again anyway.
But why someone would bid over $500 as a ceiling on this particular card is way beyond my compression (or checking account balance).