February 11th, 2017, 08:45 AM
Join Date: Jul 2016
Location: Northern Arizona
| | You never know.
When I was in the auction business there were a number of people who had the disposable income to do something like that.
In one instance a customer purchased Black Jack Ketchum's (the first train robber to be hanged under the new, at the time, Federal laws) gun, accessories and provenance. He came to the auction check out and handed me a check for over $ 200,000.00. I took it the the auction house owner - he looked at the customer across the room, waved and told me the check was good.
At one auction a customer spent $ 535,000.00 and instead of paying with a check or wire transfer (which he usually did), used his American Express card for the airline miles. Yes, back them AMEX would process a card for that much money if they knew the card holder (he ran millions of dollars on his card each year).
These things happened time after time with our major auctions.
These folks are on a different planet than us.
By the way, most museums don't have a ton of cash on hand - they have to lean on their benefactors for money to make large purchases.
Keep yer powder dry,