Judge 62nd HR ball - turned down $3 million; good idea or not?

[Mark17]

Originally Posted by Snapolit1

Goldin will make damm sure it doesn't sell for an embarrassing number.

I'm thinking the same thing. Goldin will promote the h*** out of it.

Suppose Goldin, the seller, and the potential $3 mil buyer work a deal where the ball is offered with a $2.5 million reserve, and if the reserve isn't met, the buyer gets it for $2.5 mil.

Something like that would mean:
1. Goldin gets a ton of publicity for offering another mega item, and chance to set a new record for a baseball.
2. Seller has the chance to score huge.
3. Seller has a guaranteed $2.5 mil, worse case scenario.

The $3 mil offer people either miss out, or get it while saving a half million dollars. Or, they bid on it themselves.