Pete Rose's copy of the document that banished him from baseball failed to meet its reserve price when the auction closed on Saturday night.

The document, signed by "Peter Edward Rose," as well as by then commissioner A. Bart Giamatti and deputy commissioner Fay Vincent, received bids up to $255,377, which includes a 10 percent buyer's premium.

But Ken Goldin of Goldin Auctions, told ESPN.com that it did not meet the reserve price, which has not been revealed.