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Posted By: barrysloate

There are some disadvantages to a live auction, as bidders may not have enough time to reconsider and jump back in. And I agree an obscure lot, or one that is rather common, might not fare as well here.

But a Wagner is too high profile to not hit its mark. There was one bidder at 700K, another an increment below, and likely several others at a lower level. The reason the card sold for 700K is that nobody chose to go higher. I don't think the venue was a factor. If it were Mastro or anywhere else, I say it gets the same price within 5%.