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"Did Not Win" but why?

I'm a newbie so I'm finding my legs. I set up to snipe an item with a max bid of $14.75. The auction ended with someone else's winning bid of $13.65. My bid was within the bid increment. The "Snipe Status Message" says "Did Not Win" and the "Confirmation" window only says "Confirmation for this item is not available." Any ideas why my snipe failed?

Many thanks!
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