It seems so. Unfortunately, there were a lot of watchers and few bidders at the end. I lowered the reserve when there was less than 15 minutes to go thinking that with all the publicity from BAT and page views, it would not likely ever have more interest. I've been told at the price it sold for (my lowered reserve price), someone locally would likely have bought the LV. In retrospect, I wish I had known that and we could have made arrangements so that I would not have lowered the reserve. Hindsight is 20/20. Tis a sad day...