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#10
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probably bought ahead of time, and the auction just for show. look at how many horses are bough back, reserve not achieved, and then they sell privately. often for less then they've been bought back for. i'm pretty sure it's because a deal was already in the works. hey, we'll sell to you for such and such, IF no one bids higher at auction. if they do, would the now jilted 'buyer' get part of that extra? no doubt plenty of funny business behind the scenes. look at the green monkey story.
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