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I had highest bidding but still lost the auction.

There are two reasons
1 . Sellers set the reserve price on the item before the auction because they do not want to sell it below certain price. Therefore, special price is set at the minimum amount in bidding. “Reserve Price” will be shown during the auction. Sellers do not oblige to sell their items until bidders meet the standard. If not met, “Reserve not met” indicates on the list.
2. Sellers removed the item from the list during the auction.

The seller ended this listing early because the item is no longer available for sale.

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