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Reply to "My snipe wasn't placed -- lost auction!!!"

Perhaps I am confused---not sure if "5" lead time means 5 minutes or 5 seconds prior to end of an auction. However, I always place a snipe well in advance and usually, in the past, with the last couple of exceptions, received emails from AS advising if my snipe has been superceded by a higher bid placed subsequent to the placement of my snipe with AS. Is it 5 minutes or 5 seconds. It would be nice to have a clear definition from AS.
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