Sadly, it’s simply the eBay rule around minimum bid increments, and who wins if you both bid the same amount (spoiler alert: the first bidder wins). I assume that you were probably using a sniping service with multiple servers, like Gixen, which is why you have two bids at the same time for the same amount.
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Trying to wrap up my master mays set, with just a few left:
1963 Post complete panel
1968 American Oil left side
1971 Bazooka numbered complete panel
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