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I recently used AS to bid on a fishing reel. The reel had a reserve price. I put my bid in a week before the auction finished with a maximum bid of £76. At the close of the auction the bidder before me put in a bid of £60 and AS then placed my bid @ £62. These bids did not achieve the reserve and the auction closed. Why did my maximum bid not work until £76 was reached or was £76 still below the reserve and it was pointless to continue ?
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