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ScottAnyone can tell that the supplied photo doesn't really show anything, and as David pointed out - even if proof existed that Cobb actually batted with decal bats, there's no evidence that he used this one.
What it all comes down to is that for this sort of thing to sell as described, even with "provenance", the buyer has to REALLY want to believe it's something that it might not be. This is true of autographed balls, no-hitter gloves, etc. People who collect this sort of thing are in a crap-shoot most of the time, and surely they must know it. It's what got Dorothy back to Kansas and how Peter Pan got those kids to jump out the window.