Most of the information about what happened at Temple, TX is correct, but I do have good information on filling in some of the details. I will not comment on my thoughts on the piece, just fill in the gaps of the story.
The piece was reported as found in early April. At that time, I (recieved) received the picture of the piece that I have posted in this thread. Shortly after this, I was told that Tom Davis of Stanton, KY papered the piece as authentic. In between these events and the Temple, TX show there was an attempt by the finder and his dealer network to set up viewings at the show. Several big players planned on viewing it at the show. Before the show began, the point was given a once over and approval by Dwain Rogers of Texas. The asking price was $250,000, and there was apparently some interest. However, a huge pile of well known collectors and some top flight knappers killed the piece. I will refrain from using names, but I spoke directly to one of them, and he said that the point was summarily dismissed as a reproduction. Any hope of selling at the Temple, TX to a legitimate buyer was killed.
I want to be clear about a few things:
1) If the piece is bad, the authenticators who approved it are entitled to mistakes, and no judgment is made against them. If anything, the piece being bad should be a further indictment that buying points b/c of a COA(from anyone) is an extremely poor means of collecting anything.
2) If the piece is bad, the finder is not automatically a liar/thief. There is a rumor floating around, that a well known knapper made a handful of these pieces and salted a few of the "hot" creeks. Rumor only, cannot be confirmed.
3) If the piece is good, I have not seen anything made like it before.