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Auction for Historic Ranch Ends With No Buy

KSCB News - October 10, 2012 9:02 pm

A western Kansas ranch that contains historically significant chalk formations is up for sale, after the final bid from an auction came in too low.

The owners of the Pyramid Ranch in southwest Gove County are asking for $15 million for the 12,900-acre ranch and the mineral rights that come with it.

The ranch contains Monument Rocks, a National Natural Landmark, as well as other historic and culturally important artifacts.

The ranch owners thought an $8.5 million bid from an online auction was too low.

Realtor Mark Faulkner of Ulysses, who is handling the sale, says the ranch owners and the high bidder are still negotiating. But with the auction officially over, the ranch was put up for sale.

 

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