Penny Auctions are a new type of auction where users can get fantastic deals on brand new items. The catch is that each bid costs a little bit of money – typically under $1.00. You have to be the last bidder on the penny auction when the time runs out. Each bid that is placed raises the price of the auction by a penny and extends the time by a few seconds. Hence the name, penny auction sites.
The Best Penny auctions are fun and exciting, and it is possible to sometimes score a great deal. However, you have to be careful because there are many sites which are dishonest or simply fraudulent. This list contains the best penny auction sites which have been checked out and are legitimate.
A promising penny auctions site but it seems all that they sell is small items, bid packs, and low-value gift cards.
All penny auctions list exclusively brand new, unopened merchandise. A big player and worth a visit, especially for a penny.
One of the biggest problems with this site is the annoying guy who walks onto your screen whenever you visit. Besides that, a descent site with a nice products.
This is slightly different take on the penny auction model. Instead of paying per bid, you pay per seat. Once all the seats are full, the auction runs and the last person to bid wins. Unfortunately, the auctions do not run very often.
A niche penny auction site dedicated to what women love most – purses. Designer bags can be yours for only a few bucks, if you can bid smarter than the competition.
Penny auctions are fun and exciting, and it is possible to sometimes score a great deal. However, you have to be careful because there are many sites which are dishonest or simply fraudulent. This list contains the best penny auction sites which have been checked out and are legitimate.
Beezid is one of the top three penny auction sites in the world in terms of traffic, sales and the quality of items on auction and the customer support team is unparalleled. Beezid has more than 400,000 satisfied members who consistently save up to 95% off retail prices on a vast array of popular, in-demand brand name products.
http://www.swoopo.com/(out of business)
One of the oldest sites around. Hard to win anything, but lots of products. Slow. Same auctions run in multiple countries, which means you are competing with people from all over the world.
http://www.rockybids.com/ (out of business)