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Ring has been pulled from auction. The scout who tried to sell it is no longer employed by the Cubs. Ring is to be returned to Cubs who will then give the Scout $1 for the ring. According to Sports Collectors Daily:
This is not a precedent being set by the Cubs and like stated before is the standard operating procedure of nearly every championship team that gives out these high dollar rings. Lets keep in mind that the Cubs gave these rings to nearly every one in the organization, kudos to them. I know someone who received one of these rings, they're absolutely beautiful. He was told if he ever decides to sell it that the team has the first right of refusal. The price the team has to pay? 1$. I found this out after offering him 5K for it, mostly joking but completely willing to follow through. Obviously these rings are worth more substantially more than that.
The one part of this story that is going unnoticed is the fact the Chicago Cubs are questioning the authenticity of this ring.
According to reports, Lelands has received a 2016 Cubs WS ring from an unnamed team scout and will be auctioning it with a starting bid of $1,908. I'm hoping the Cubs don't step in and try to prevent this, as when delivering the rings, recipients were made to agree that if they chose to ever sell the ring, the Cubs would have right of first refusal to buy it back. There is no word on whether this anonymous Cubs scout went through this step first or not.
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