The recession has hit us all hard. Gold and Silver. All auctions start at $0 with no minimum reserve. The good and the bad points of the site will be broadcast throughout the Internet,because of all the social networking on sites like Twitter, Facebook and many more websites where people talk about anything they want to. February 5, 2014. Vernon Hills, IL. Join our Penny Auction Forum today!To cut a long story short, an auctioneer auctions off a dollar. com, they’ve gone so. The Penny Auction Business Product From the Internet site Owner’s Point of view. Best. quibids review Finally, do your research!Capital City Truck Sales, LLC. Penny Auction Watch: What got you interested in the entertainment shopping industry? At first, it was because of the opportunity to get items at huge discount prices, when I was a purchaser on penny auction sites. As many of you know, and have unfortunately been a victim of, penny auction sites have been ripping consumers off, some shill, others don’t ship. An example is a $650 stereo receiver that recently sold for $57. Find cheap web hosting,there is. The vast userbase (160 million!) means that no matter what you're looking for, there's a good chance the site offers it. Or – You could actually set up another bank account just for penny auctions. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. 28, 2012 /PRNewswire/ -- MLA Interactive launched an incredible online penny auction site last week where everyday people can bid to achieve uncommon prestige by giving them a. Penny Auctions Further Explained. Superior customer care is a highly desirable characteristic, not merely in the new penny auction sites but also in established sites. Bids, BidBux are sold in packs ranging from 50 to 2,000 and are $1 each. Cash Penny Auctions. BidPlayers. The site announces that an article is up for auction at a specified time. function get_style22086 { return "none"; } function end22086_ { document. Covering entertainment auction site news, finding and highlighting the good,. Next, you have to decide if you want to play in a lower risk, lower reward penny auction site like quibids. Join our Penny Auction Forum today! The Penny Auction Business design Through the Website User's Mindset. The price will raise in increments with each bid placed. com is a new penny auction that along with the usual penny auction items, is selling real estate. There is a new phenomenon on the internet; penny auctions. And, thanks to the way penny auctions are run, it is pretty. Page 1 of 2 1 2 Next > ajamils Peon. Registration will include a guaranteed “win” for first time users. If you are looking for a new penny auction site with less traffic and competition, than OrangeBidz may be a great. Penny Auctions Canada supports the following worthy charities: - Mount3 reviews Write a Review Ask a Question Corporate Values Overview SakuBid has a rating of 3. net which has the same description. act as the seller. This new stage has also provided increase to a variety of new innovations. The model they call is better than the penny auction system. Huge cyber-attack cripples the British Library: Hackers hold. com which is scheduled to open in 2 weeks could possibly be iPennyBid: “I am a victim of ipennybid. A bid resets the auction timer to a predefined time and raises the item’s price by the bid amount. Join our Penny Auction Forum today!I began bidding at penny auction sites at SkoreIt, which is one of the largest and most well known penny auction sites out there. Helping you navigate the penny auction world. Some auctions require you to also pay for the final. 75 per item, for any brand new. act as the seller. com has been posting negative comments about BigDeal. By bidding in new auction sites you are likely to get lot of freebies. Hence, the double edged sword. 69,796 likes · 24 talking about this. I've won some really great items at amazing prices. 5, 2010 - PRLog -- This is cheap online. Helping you navigate the penny auction world. it bidded by himself. penny auction site, It’s providing you cheapest auction on internet in the comparison of other. 13. From the sites' perspective, the higher bidding goes, the more they stand to make. SK - Saskatoon. New penny auction sites are steadily showing up just about everywhere, so if you have been looking for one, they really should not be difficult to find. So lets do some math. Citing Staw in an interview with BizJournals. Imagine the opportunity to buy a guitar worth thousands of dollars for under 20 bucks, a new digital camera for under $5. 5. 6 stars from 3,070 reviews, indicating that most customers are generally satisfied with their purchases. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. by Amanda Lee. The truth of the matter is that the vast majority of them are fly by night operations that have no marketing budget, very little business plan and not much going except for a script that anyone can buy for a couple hundred bucks to start their. The site is divided into three basic categories: shopping, history/learning, and news. Bidders increase by 5 cents. Service. What are Penny Auction Bidding Websites? Penny auctions are real-time bidding websites based on a pay-to-participate or all-pay model in which every participant buys credits to make a bid. By: Penny Panties Sept. Penny Auctions and other pay-per-bid auctions do not set a price like a conventional store does. If you are looking for a penny auction that has precious metals then you might like skoreit. Use more powerful machines if you have to, but definitely use open source frameworks wherever possible. Bid Cost on BigDeal. Currently, the auction sits at $24. getElementById('epicycloid22086'). HappyBidDay ranks 4th among Penny Auction sites. com promo codes in our blog as soon as we find them available. com opened in November of 2009 and is. Hardware is cheap compared to developer expertise. If you are new to DealDash or the bidding fee online auction model and want to give it a try, use the promo code “ dealdash2022 ” upon registration to get an extra 100 free bids with your first Bid Pack purchase. ”. BiddingOwl is one of the top charity auction sites. Police auctions and government auctions, certified 1 carat diamonds, coins, gold, jewelry on auction, 100,000 + Foreclosures and seized properties and surplus items. , was on Facebook recently when he spotted an ad offering “10 Free Bids” on Grabswag. Aug. SkoreIt, like many of the sites we talk about here is a penny auction site. As the name of this new penny auction site implies, BidTavern aims to offer a lot of ‘party’ items including NFL store, Dicks Sporting Goods, TicketMaster and Papa Johns gift cards, Bud Light beer taps, video games, grilling accessories and TVs. Everything must go! DealDash is the fair and honest bidding site where deals come true! See full list on moneypantry. If you want to try a penny auction website, DealDash is as good as any option. Don’t Bid When… You’re tired (the auction may end up lasting all night!) You’re not on a stable Internet connection, i. Even keep track of your coin. Dionne Cordell-Whitney / April 17, 2017. com offers new items up for auction starting at one penny. Initially, what we thought would be the real differences separating BidSerious from other Penny Auctions sites ended up taking a back seat to the truly important features like a properly functioning website where our users. USAThank You Auctions Industry. Exceet is the start of a new generation of pay per bid (including penny auctions) site that create a marketplace for pay bid auctions and are driven by the same fair model as eBay. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. Las Vegas based Penny Wizard, LLC runs the new penny auction site that launched about a month ago and they told us that they have been working on their launch for over a year. Seemingly unable to attract retail customers, it is unclear whether or not Bidxcel will be a simple re-incarnation of Win the Hunt with a MLM compensation attached, or an entirely new penny auction site. 2. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. For those interested in more reputable, small-medium penny auctions, we recommend HappyBidDay and OrangeBidz. I also stumbled across Penny Auction Watch and realized a large amount of the current penny auction sites have been discovered to be scams, so I saw the opportunity to create a legitimate auction site and enter this. New Penny Auction Sites should have Excellent Customer Care. Our primary goal is to sort and list the top online penny auctions into categories to help you find the best online penny auction site that is safe, trusted, honest and offers a fair bidding experience. 25 stars from 4,363 reviews, indicating that most customers are generally satisfied with their purchases. iBidCondo sold a new, luxury condo in. Hundreds of penny auction websites now populate the Web, and they all work very differently than more conventional online auctions, such as eBay. Lons Angeles, CA (PRWEB) June 23, 2011 SaveBig. All Auctions Start at: $0. This site is based on a a powerful, scalable & fully-featured bidding script that lets you create the profitable online penny auction website, just like swoopo. 00 flat fee, no monthly service charges ". A few items have ended for less than $0. – Early innovator in the penny auction space. They have are. Penny auction bids are not wagers to begin with, but this case is made even more strong when penny auction sites, such as. com, a. PROJECT DETAILS Status: Open Budget: $100-120 Created:. They also give away penny auction bids when you win other penny auctions. With each bid, the price of the item increases by a penny (hence the name) and the countdown starts up again. Helping you navigate the penny auction world. At 1st look, this could seem like a very effective system for separating bidders from their cash: following all, on an person. These reliable penny auction sites offer free bids for signing up as well as signing up others. They offer free auction management software where a 5% performance fee is paid at the close of the auction. Often times you will get personally emailed skoreit. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. Or if you can stomach a higher level of risk for a higher. BidderBoy. Both the highest (A) and the second highest (B) bidders need to pay in the end, but only one of them wins a dollar. A visit to Win the Hunt today reveals a mostly dead penny auction site, with many of the penny auction having no bids placed. According to The Sunday Times on September 19, 2009 in an article called “Bidding boom on the penny auction sites” by Laura Whateley “penny auction sites have been described as ‘the crack cocaine of. com lists the top rated penny auctions online. Get a pre-paid credit/Visa card and put the amount of money you want to spend on penny auctions. Helping you navigate the penny auction world. I could not believe that for the entire auction site I have to pay just $300. Bidders buy packets of 10 to 700 bids from the penny auction site’s owner, at a price that varies between 60 cents to a dollar apiece, depending on the bulk discount and the owner’s price point. “Our pro staff has many years of experience in hunting, fishing, camping,. To bid on an auction you must purchase bids. Since 2009, we have been the best place to learn about penny auctions. TweetEmail Tweet Email Penny auction Bidsplay. getElementById('epicycloid20531'). Reviewers satisfied with HappyBidDay most frequently mention penny auctions, auction sites, and customer service. Join our Penny Auction Forum today!Interview with New Penny Auction Site BidSerious. “I have been buying from GovDeals for over 11 years and have bought over $800k worth of items that would have been hard to find at that price somewhere else. Helping you navigate the penny auction world. Compare prices: Sometimes, when you're buying new items on an online auction site, you can pay way more than the cost of the item at a regular retailer. 25 compared to $1 on most other sites. Covering entertainment auction site news, finding and highlighting the good,. Since 2009, we have been the best place to learn about penny auctions. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. Wolfram had generated approximately $500,000 in affiliate sales a year earlier buying popular YouTube videos for $50, borrowed from his mother, then collecting revenue from. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. They were kind enough to extend a special promo code exclusive to our readers: Enter the code PAW3BIDS upon registration for a total of 6 free bids (in addition to the 3 all users receive). BidOink. 75 per bid, but the average price goes down to $0. So, a bid pack of 50 bids might cost you $30-$50. 50) and there were 100 total bids (100 x $0. PennyAuctionSites. Reviewers satisfied with HappyBidDay most frequently mention penny auctions, auction sites, and customer service. LONDON, England -- (PRESS RELEASE) -- A brand new 'penny auction' site, Bidibot. India's top rated penny auction platform since 2011. We have to start with eBay. MINNEAPOLIS (CN) — The penny auction site DealDash made hundreds of thousands of dollars selling phony name-brand products, according to a class action from a Californian who says he lost thousands of dollars to the scam. Have You Bid On New Penny Auction Site BidOink. 3 days ago. Join our Penny Auction Forum today! Bid during last 10 seconds. Warning: Some penny auction sites don’t play fair. Helping you navigate the penny auction world. Comprehensive List of Active Penny Auctions Updated for 2020 | DealDash, QuiBids, OrangeBidz, NutBid, Outdoorsman Auctions, & CentBids. 99. The sites offer new televisions, computers, game consoles, appliances, handbags, gold bars and more for starting prices of a penny to 15 cents, depending on the. com, your one-stop destination for the best online coin auctions! Our platform offers a seamless and secure way for collectors and enthusiasts. In a penny auction, everything is well thought out: a convenient user-friendly interface, groundbreaking technology, a team of professionals in charge of maintenance and updates, etc. However, the cost might increase from $25k to $50k with added complexities and features like real-time bidding, user profiles, mobile compatibility, and secure payment. I was paying a monthly service of $99. com, a fairly new penny auction website with a [. Home of the True $1 No Reserve Gun Auction! Partnered with BudsGunShop. BidinAmerica. Today Beezid informed us that they have worked out an acquisition deal with the once-popular with ESPN radio and penny auction fans, SkoreIt. Join our Penny Auction Forum today!Two new penny auction sites have just opened, actually two different brands that as of yet are offering the same items: BidPit. We’ve verified that BidOink. com. Jan. I just saw a commercial for a site called Beezid. com – Largest penny auction site with legit reputation and 100% auctions offer Buy-it-now. Family owned and operated, WizBidz will officially open its doors on January 22nd. The process is really easy too. This usually happens when the item is hard to find, like a PS5, but we regularly see listings asking for well above the MSRP for. Willie G’s. READY2SHIP! NEW SIG SAUER ROMEO MSR RED DOT 2 MOA 1X 20MM AR-15 AR15 15 $129. To find the best penny auction site for you, visit the sites listed in our penny auction reviews and see real bidder ratings of the top penny bidding sites on the web. S. What can be predicted though is that with a months long extensive pre-launch campaign, there’s no hope in hell a new penny auction site is going to offset the pre-launch investments made by Bids That Give affiliates. For example, if the sale of an iPhone results in 10,000 bids at a fee of $0. Penny Auction Watch: What. WellBid Closes Over 1,000,000 Auctions! Looking for Your Reviews! January 16, 2015 by Amanda Lee 3 comments. “Project: Need An Penny Auction Auto-Bid. Helping you navigate the penny auction world. Helping you navigate the penny auction world. You can win Laptops, iPods, TV?s, Electronics,. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. 15, $0. The UCSD students state on their ArrowOutletInfo. 60 a bid, the total value Quibids has made on this auction so far is more than $1,450 for a $200 gift card. com. With a dedicated penny auction spending account you will be able to keep track of your spending better and spend only what you put in the account. separate these online auctions sites from the more common ones and, in particular, from eBay. com is a new penny auction in India, the operators of the site also own TVdeal. com. com is a new Penny Auction that opened this week. com? by Amanda Lee. dealdash. New Penny auction sites offer great customer support which. Title: secrets of the best penny auction sites, Author: Robertson Elizabeth, Length: 2 pages, Published: 2011-11-17 Secrets of the Best Penny Auction Sites New penny auction sites are now a dime a dozen, but only a few will rise to the big leagues. com We're the leading resource for online penny auction websites providing consumers with helpful penny auction tips, strategies, news and a free discussion forum where bidders can discuss penny auction sites and post their reviews. Fla. Helmcken Realized $20,000 in. I enjoy my new auction website and my business has $100. com was the name server for the site. Helping you navigate the penny auction world. In this penny auction review, we're outlining the details of our recent interview with BidCasters. Helping you navigate the penny auction world. com is a brand new penny auction site serving the United States with a pink-pig inspired theme. $2 / Click. display = get_style22066 (); } Shane Marcus, founder of the brand new – soon to launch penny auction for worldwide travel. A penny auction on GunBroker is a type of online auction where participants place small increments of bids on firearms and accessories listed for sale. A: Penny auctions are timed auctions, users pay-per-bid, and the last bidder when the timer hits 0 wins. I enjoy my new auction website and my business has $100. BidderBoy. Each time you bid, your bid count is reduced. 0 stars: 'I've been using AuctionCents for a while now and I absolutely love it! It's a free penny auction site and there are always tons of great auctions to choose from. All three penny auctions are accepting e-mail addresses on their launch pages and will alert users of when they will open: GrabLo. The current end price in the property penny auction is $4. separate these online auctions sites from the more common ones and, in particular, from eBay. Interview with Penny Auction Site DoughChest. bid to win. Another early player in the penny auction space, offering various auctions. com is a trusted, safe and reputable penny auction that is old enough to have an established reputation but new enough not to be full of overwhelming power bidders. To start using this online auction found among sites like DealDash, you just need to create a free. 25 = $2,500. com recently e-mailed to let us know about his new site. Join our Penny Auction Forum today!We have developed a new modern look for your auction with multiple templates. style. Bidding starts by placing a bid that is a certain increment higher than the. Given that at this time the company has no other sources of revenue (can’t generate retail revenue if you haven’t. Wow. style. DealDash is a penny auction website. So, if I can purchase something for pennies of what I would have paid for it, then why not? I'd be crazy to pass that up, Move over Ebay, there's something better moving into the neighborhood! The new penny auction sites have a. 10-$1. Although penny auction sites work differently than regular auction sites like eBay. Fifty, this kind of symbolizes Two hundred and fifty prices for bids at a greenback apiece as well as. iOffer. Glenn tells us, “We separate ourselves from the rest. Totally free bids are a great way to begin bidding on these internet sites as they give you an chance to consider out the site with no investing…A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. I still love skoreit the best but. Product Mix. Was running a scam. 00 flat fee, no monthly service charges ". Since 2009, we have been the best place to learn about penny auctions. Its mission is to redefine shopping by providing the best deals possible for its customers with a unique, fun and exciting online experience. style. The price is effectively dictated to the store (auction site) by the level of competition for the particular item on offer (ignoring any reserves that the auction might set). Home of the True $1 No Reserve Gun Auction! Partnered with BudsGunShop. com promo codes in our blog as soon as we find them available. com bonus codes you can use to get free bids. com. e. There are numerous sites that run these penny auctions. 2 reviews for Ipennyauctions, 3. Helping you navigate the penny auction world. Or – You could actually set up another bank account just for penny auctions. 99. com by a bidder from Arizona, Steven M. display = get_style22086(); } Reminiscing on the early days of penny auctions after Gary aka Realbidtowin comes back on PAW, PennyVacay is a new penny auction site that when I first told you about it here a few months ago was going. If you’re in the United Kingdom be sure to check out this brand new penny auction just for travel deals and let us know what your experience is!BidCactus is perhaps one of the most popular penny auction sites in the United States. 00 flat fee, no monthly service charges ". Bitify is one of the most popular blockchain auctions in the market. com LLC, while unable to. com: $0. Computer Penny Auctions. I enjoy my new auction website and my business has $100. Quibids. Cash Penny Auctions. Actual Penny Bids: Each bid is only $. Covering entertainment auction site news, finding and highlighting the good, along with uncovering and educating consumers of the dangers of bad penny auction sites. 50. Penny auction coupon codes are ever more becoming well-known, specifically with new penny auctions. Once the site grows you’ll have a sizable bid bank to go for the higher dollar items. Bids cost $0. After all, it takes 100 bids for the price to even break a dollar. That means a site may spend $40 to sell one bid pack. com is now under new management and will be opening on February 1st. I did a little research and some people think it's a scam. Helping you navigate the penny auction world. Grant Pstikyan filed the complaint against DealDash in Thursday. Service 111. Sharky Bids is one of the several new ‘penny auction’ sites where consumers can bid for flat-screen TVs, laptops, cameras and game consoles as well as jewelry and gift cards for prices that start as low as a penny. Tower of the Americas. , Aug. I currently have the script designed to run 2 styles of auctions: seat auctions and penny auctions. Helping you navigate the penny auction world. After all, it takes 100 bids for the price to even break a dollar. USA Coin Book - An easy and simple way to buy, sell, auction off and keep track of coins online. 01. DealDash was the first pay-to-participate online auction site to introduce native mobile apps for Android and iOS back in 2015. 99/ month to run an auction before I found you. Those buyers who like to gamble will certainly chance their arm. Welcome to BestPennyAuctions. QuiBids. July 20, 2010 - PRLog-- July 20, 2010. com. The auction continues until the timer runs out or no more bids are entered, at which point the highest bidder wins. Unlike other penny. This feature provides users with a 30-day. 01 regardless of the product. That’s $45. Helping you navigate the penny auction world. by Amanda Lee. All in all, they got $2,500 on bids and $100 from the winner, which basically means they sold a $2,000 TV for $2,600. 70-$1. January 21, 2014. If you take a look at CalleCents. Best Penny Auction Sites: Browse the best Penny Auction businesses reviewed by millions of consumers on Sitejabber. com is a brand new penny auction site that just opened up for registration with a launch date set for August 8th, 2012. I was paying a monthly service of $99. function get_style20448 { return "none"; } function end20448_ { document. TweetEmail Tweet Email SmartBid™ –TheSmartBid. A recently launched Auction site - new buyers & sellers required: FLOGITALL AUCTIONS. 08 in merchandise on just Monday alone. With the emergence of several new penny auction sites the competition is fierce amoungst the new companies, and the site members may. Now, in 2015, WellBid is still. You can’t argue with the penny. 00. function get_style22086 { return "none"; } function end22086_ { document. Sellmoo is a new penny auction that plans to open on November 20th, we asked Sellmoo’s owner a few questions. These assist cater to an additional course of bidders who will spend. com, think Swoopo meets Victoria’s Secret, is coming soon and will offer the latest and hottest lingerie at extraordinarily low prices, in penny auctions that start at just. display = get_style11536 (); } This week lowest unique bid penny auction theSmartBid. Score amazing deals on. Moving from different penny auctions will allow you to experience. In fact, back in 2010 when they offered a new Ford Mustang they actually made a profit on the sale. display = get_style21756(); } Calling all jetsetting UK penny auction bidders. Join Now TweetEmail Tweet EmailWhile there have been many developers of penny auction scripts and sites based out of India, we really haven’t seen a whole lot of sites based in India for bidders. 0 stars: 'I've been using AuctionCents for a while now and I absolutely love it! It's a free penny auction site and there are always tons of great auctions to choose from. Penny auctions sell bids in bid packs, ranging from $0. Since this penny auction site is new we do not yet know whether or not bidders have received their winning items, so if you’ve tried this site out definitely tell us about your experiences bidding! ThePennyBuster is running a promotion right now, coupon code FirstTime will get users 10% off bid pack purchases. Open-source frameworks have lots more eyeballs looking at the code, fixing bugs, adding extra features, and documenting the project. 80 and $0. 00, or a used car for $15. Try to list as many penny auctions as your user base will support. " Thank You to Andrew, he is a very nice person. Helping you navigate the penny auction world. 17, 2012 – The Securities and Exchange Commission today announced fraud charges and an emergency asset. Category: Research , Coin Sales, and Auctions. The game is the same as DealDash, bids start at 1¢ and each bid costs you about 75¢. These bidders have not only made penny auction. Macdonald Treaty of Washington Cover & letter to J. Join our Penny Auction Forum today!See 3,000+ New Gun Deals HERE. Bids are sold in bid packs, sets of bids ranging from 10- 100´s+ and, depending on the penny auction site, you can get a discount by buying larger bid packs. Our Top Rated Legitimate Penny Auction Sites. Mon, 20 Nov 2023. getElementById('epicycloid20531'). BidStation. 1 review for Auctioncents, 5. I was paying a monthly service of $99. TweetEmail Tweet Email Penny auction Bidsplay. The penny auction site is also offering monthly cash prize drawings along with themed bidding days. DealDash is a penny auction website. April 10, 2014 Uncategorized lanshrader. net seems to be quite proud of the fact that the site he is selling comes with shill autobidders, he is telling potential buyers that a penny auction site with bots is a win-win situation, this is deplorable! This seller has recently sold the site easybids. coffee shops, restaurants, in the car – Ethernet may be best; Automatic update is scheduled to run on your computer; You don’t have the A/C adapter for your. TweetEmail Tweet Email Brand new penny auction site FooFaRa. The Penny Auction Industry will always be. This penny auction features designer handbag auctions, auctions for Apple products, MacBooks, iPads, iPhones, smartphones, and other desirable consumer products and electronics. Beezid is a Canada based penny auction site that launched in 2010. As an alternative, some of the more recent penny auction websites have considerably lowered competing firms, therefore boosting. If you are wanting to win a significant-ticket item like an iPad, it can be highly aggressive in set up internet sites like Quibids or Beezid. Ipad Penny Auctions. You just need to register for an account and then you're ready. getElementById ('epicycloid22052'). Have you bid on PennyPrizes. get 5 free bids to join live auctions of branded mobiles and cool electronic gadgets, bid or buy with huge discount up to 89% Moz DA: 15 Moz Rank: 3. The main reasons for it to rank at the top of the list of five best USA penny auctions are – its simple registration process and huge variety of products and gift cards you can choose from. Since 2009, we have been the best place to learn about penny auctions. The claim with penny auctions is that many users (bidders) can buy items that cost hundreds (even thousands of dollars) for a fraction of the price. This is the first step. 13. $1. New penny auction - eBidPlus is an exciting online auction website where you can buy brand new well-known products at a fraction of the retail. 01, and the auction.