I don't know the reality - but it SOUNDS like you got excited over the low price, you knew it was a gamble, but the potential dollar signs blinded you. You probably just put in a fishing bid, not even expecting to actually win it.
Anybody who collects things like autographs pretty much has to know that the word "authentic" is a whole lot different from "authenticated". One is opinion, the other is factual.
If it hasn't been authenticated by somebody trustworthy, you're just gambling - hence the low price.
When you saw that nobody else thought it was worth gambling as much as you did, that's when you realized you over-payed for an un-authenticated signature, and now you're looking for a way out.
I'd say the best you can do now is refuse to pay because you thought "authentic" meant it was authenticated. Take the black mark when/if the seller gives you bad feedback, and don't try to blame them. They did nothing wrong.
Personally - for that much money, I'd just follow through on your gamble and pay it. If you can't get it authenticated yourself, you lose - not the end of the world.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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