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There's no rationalization on that says Ku. "That's internet meme fodder. link There's no explanation for that. It's ridiculous really ridiculous. The macro trend here is that auctions have evolved from being a dealer's hangout to a kind of social event. Phillips gets a lot of credit for pioneering that after the Paul Newman link sale and for developing thematic link sales specifically targeting collectors. And because it's more of an event now sometimes you see really crazy things like this happen."
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