Posted By:
Eric BTo you it looks like someone didn't overbid you by the proper increment. But from the outside it looks fine.
Example:
First bidder is at $1.00. You bid $10.00. The current bid shows at $1.25, the 25 cent increment over the first bidder - and what you will win it at if nobody else bids. Now the next bidder must bid at least $1.50, but actually bids $10.16 and wins at that price.
Now if a snipe was set for $9.75 a second earlier, you would be high at $10.00 and I believe the $10.16 won't register as it doesn't have the necessary increment.