WrestlingFigs.com shared a story about a rare Greg Valentine Rhythm & Blues Hasbro figure. Much like Mattel's Magnum TA figure this one was advertised, but never released. Apparently the prototype is actually 1 of 1. The story included even involved IWC favorite Zack Ryder.
I love stories like this. It seems to me I recall a Mattel Jeff Hardy figure that was supposed to be part of Elite Series 1 that was discontinued when he left WWE. From what I recall a couple of these made it out to the market and have sold for big bucks on the secondary market.
Check out the WrestlingFigs.com article for pictures of the Greg Valentine figure, a discussion about it and a scan of an old Toys R Us ad that was included in an WWF Magazine that shows the Greg Valentine figure along with other WWE products.
If you don't want to click the story, I will go ahead and tell you the guy paid $13,400.00 for the figure including shipping and insurance. The grading itself cost another $1,000 or so. Basically this cost this gentleman roughly $15,000.00. Incredible.