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Reply to "Will I be bidding against myself?"

So that makes it clear on whether or not you'd get charged for the snipe, but I think Pixelwarrior's question was how does that affect the final value of the auction? In the example given, if you already have a bid on eBay for $10 and a snipe for $15...when the snipe goes through, would it raise the final value of the item to $15, or would it just be seen by eBay as you raising your proxy bid, in which case the item would still end at $10 assuming you were the only bidder?
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