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Posted By: barrysloate

It is kind of unusual that Leland's accepted the strip under the condition of so high a reserve. There were bidders willing to pay multiples of the highest price it had ever sold for, and if that final bid was not sufficient the owner should just have kept it. I know having a high profile item is good publicity for the auction house, but when your feature lot doesn't sell some of the luster of that publicity is lost.