Posted By:
scgaynorI didn't read the entire thread above but did want to mention a couple of things.
I have not seen the piece in person, but Josh tells me that it is one continuous strip and not several cards pieced together.
I don't know what the reserve was, or how close it got to the reserve, but even though Verkman bought the piece for $80,000, it has traded hands privately for more at least twice in the last couple of years. I think that this card suffers from the fact that it is unique. If there were several around, it would proabably sell for more money.
The reason that the auction had "reserve $50,000" is because "reserve" is the defaut phrase in the Lelands internal system. When entering an item into Lelands system, it is sort of like putting an item on ebay. There is a template with areas like "Title", "Description" and "Reserve". When the item goes live, the system uses those defaut terms. It was obviously not meant to deceive as there was full disclosure in the description about the consignors hidden reserve.
Let me know about any other questions and I will see if I can get them answered.
Scott