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I have just tried to place a snipe on a auction.
But I am confused as to why I didnt win it.

The auction had about 10minutes to go when I set up the snipe.
minmum bid was £51 i set my max at £60.26
the auction was won on a bid of £52

it placed my snipe but it didn't increase to my max?

item number: 320024798585

Any advice would be appreciated so I can understand what went wrong
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