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big ticket item

Hi
Ive just registered and placed a bid via AS.
the current bid is 4,800.00
Ive placed a max bid via AS at 5,601.00
If the final bid before mine goes in is for ,lets say, 5,100.00,will my AS bid go in at 5,200.00 and not the maximum of 5,601.00.

Hope this makes sense !
Obviously I dont want to go to the max unless necessary
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