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Bonds' #700 Ball Going Up for Auction

Bonds' #700 Ball Going Up for Auction

Posted - Oct. 13, 2004 at 10:16 p.m.



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Keith McCord ReportingIf you're into collecting sports memorabilia, boy do we have a story for you! You have a chance to buy the ball Barry Bonds hit for his 700th career homerun! A Utah company is selling it.

Last month San Francisco Giants slugger Barry Bonds became the third player in baseball history to hit at least 700 homeruns. Only Babe Ruth and Henry Aaron are ahead of him. Because of the milestone, fans scrambled to get the ball. It ended up in the hands of a guy named Steve Williams, and he wants to sell it. He chose Utah's Overstock.com to put it up for auction.

Jonathan Johnson III, VP Corp. Affairs, Overstock.com: “We’re really excited. We’re really excited. That’s why we’re willing to work with Mr. Williams. He’s a great guy; he’s going to donate a portion of the proceeds over $200,000 to charities.”

Overstock.com just launched its on-line auction service on its web site three weeks ago as an alternative to eBay. Talk about a perfect promotion, the Bonds homerun ball is sure to attract a lot of computer users to the new web site.

It's hard to put a value on sports items. It's sort of in the eye of the beholder, or in this case the highest bidder. Some experts think Bonds #700 will generate a lot of mouse clicks, perhaps as high as a million dollars! But the bidding will start at just one dollar.

The bidding will begin next Monday and run for ten days. Fittingly, the bids will come to a close October 27th, during the World Series.

So how did overstock.com get the opportunity to sell this baseball? The owner contacted overstock "out of the blue".

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