PennyAuctionSite is a revolutionary penny auction concept. The basic idea is to offer brand new products at very attractive prices.
The auction works as follows: a bid is raised by one penny at a time, so when the current price of a product is $1.05 the next bid raises it to $1.06.
There is no fixed closing time for when the auction will close, instead each auction has an auction specific time limit or auction time. When no additional bids are made during the time limit (for example 15 minutes) the auction is automatically closed.
To give an example, if a bid is made at 3:05 p.m. and there is a 15 minute time limit, at 3:20 p.m. the auction is closed, assuming no other bids are made.
All our products are brand new authentic products.
Winners save on an average of over 90% OFF the retail price.
None of our competitors beat that!
PennyAuctionSite uses Verisign to protect you from fraud.
All your transactions are 100% secure!
We NEVER sell or rent any personal information to third parties.