Considering the highest verified sale of a better looking copy sold upwards of "only" $18,000.00, this auction is troubling. First, there's a strong possibility the listing and/or the bids could be 100% bogus. If the sale is real, there's a good chance the seller isn't getting paid (it's way too easy to just troll a high-profile auction with unrealistic bids - and it has happened a lot which auctions of this nature.) Finally, the most horrifying, there might actually be someone with way more money than actual sense who is willing to pay close to 100K for a beat-up collectible.
Let me give that ridiculous price some perspective. There are only 20 known CIB copies of Stadium Events to exist (out of 200 sold to consumers for it's short life) - making that much more rare than NWC. One sold on ebay, confirmed factory sealed (one of two known to exist) for "only" $22,800. And when Pat The NES Puck was offering to sell BOTH NWC carts (one gold, one gray, both in great condition.) on "Pawn Stars", the asking price was $35,000 for both. (Okay, that last one may be inadmissible due to it being a reality show but, based on previous sale, I don't personally think his asking price was too far off for collectors - just for resellers.)
As a collector, I hate these kind of stories. Suddenly, people who know nothing about value read it on mainstream news sites and they clean out their closets, and start trying to peddle a copy of Contra for $999 as their "bargain price" since those "tapes" are apparently so darn valuable. (Or, much worse on eBay - "this copy of Donkey Kong Jr. is VGA Rated - only $18,000!")