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<blockquote data-quote="Brandonm22" data-source="post: 602079" data-attributes="member: 7645"><p>I was at a Hereford sale in the spring and was just completely wowwed by a young bull there. Apparently everybody else was too, because he just kept going up and up and up until finally a group over the internet bought him for $28,000. When the sale results came out a month later, he wasn't in the final tally ($28,000 for a 3/4 interest leaves a big hole in a sale). Either the buyer backed out of the deal on something I didn't see when I looked him over prior to the sale, the seller had some sort of minimum or reserve, or the people on the internet never came up with payment (we used to have a regular poster who was known for doing that a time or two in the real world). You do get phantoms (for all three reasons) at sales. No animal is actually sold until the seller accepts payment from the buyer and things can go awry after the gavel falls and the animal walks out of the ring.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 602079, member: 7645"] I was at a Hereford sale in the spring and was just completely wowwed by a young bull there. Apparently everybody else was too, because he just kept going up and up and up until finally a group over the internet bought him for $28,000. When the sale results came out a month later, he wasn't in the final tally ($28,000 for a 3/4 interest leaves a big hole in a sale). Either the buyer backed out of the deal on something I didn't see when I looked him over prior to the sale, the seller had some sort of minimum or reserve, or the people on the internet never came up with payment (we used to have a regular poster who was known for doing that a time or two in the real world). You do get phantoms (for all three reasons) at sales. No animal is actually sold until the seller accepts payment from the buyer and things can go awry after the gavel falls and the animal walks out of the ring. [/QUOTE]
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