A ring commemorating Indiana's 1976 NCAA basketball championship was offered for auction on eBay on Monday, a day after bidding on a similar ring ended at $50,100 without meeting the seller's minimum price.
The bidding for the second ring, which the unidentified seller said had belonged to a player on the last unbeaten NCAA championship team, began at $32,019.76 and will end on Sunday. In an e-mail exchange with The Associated Press, the seller said he acquired the IU ring secondhand, not directly from the player.
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