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The bidding war for Barry Bonds' 700th home run baseball has entered the big leagues.
In just over six hours, the top bid passed the $100,000 mark and was up to $119,674 late Monday night.
"I was going to see how long a $5,000 bid would last," said Bill Reedy, a seed salesman from Leoma, Tenn., who made the very first bid. "It lasted exactly 2 minutes and 54 seconds."
The top bid was more than 10 times that amount in less than five minutes. The nine-day auction on Overstock.com began at 11 a.m. Monday and ends at 11 a. m. Oct. 27. As of Monday night, there were 114 separate bids for the history- making ball.
"I knew I wasn't going to get the ball, but I was determined to be the first bidder," Reedy said.
The fast-paced bidding has already surpassed the amount paid for Bonds' 600th career home run ball. That ball sold for a mere $40,000. The ball that broke the single season home run record, No. 73, went for $450,000 in June 2003.
If the top bid surpasses $200,000, Steven Williams -- the Pacifica man who emerged from the Sept. 17 scrum at SBC Park with the valuable souvenir -- will donate 10 percent of the total to two charities. He plans to buy his mother a convertible no matter how much he makes on the sale.
"Right now, I think $300,000 could be right there, but I don't know. You never know who wants the ball," Williams said in an interview Monday.
He said he's not following the sale too closely -- "There's still eight days left," he said -- but friends are keeping him informed of the progress.
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