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Couldn't modify bid in closing minutes.

1. In last 5 minutes of an auction, I tried to modify my AS bid but the Amount was grayed out. I got out of modify mode and went back in twice more in the pursuing minutes in further unsuccessful attempts. What went on here?

2. My unchanged bid was for $737.54. The item sold for $735.00. My AS bid was marked "Bid Too Low." My bid does not show up on eBay. What's up with this? (I think my bid didn't go through because I was trying to modify it right down the time the bid ended.)
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