Questions from other bidders (including two from the sister) make me think the background story is false. She is probably writing the mentioned love letters right now.
I think it's a scam. Think about it, it's a good idea. They make up a scandal, sell it, fake the sister trying to buy it back to push up the price, and even if she ends up winning they don't lose any money.
EDIT: The person in the description said she stole it, so why does it say that it is not stolen?
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