Introducing & Surprise Giveaway! gift boxWe would  like to thank for  sponsoring two prizes for today’s surprise giveaway!

Congratulations are in order for our forum members Leon and iFunnyiLaugh!

The two winners, chosen at random with The True Random Generator at, will both get 20 bids each to try out (and are still eligible to win in the drawing on March 1st!) Enter now!

We recently interviewed the team to tell you more about their new penny auction site.

Is there a story behind the CoBidder name/theme?

We’d like you to think of an aircraft. On an aircraft, there is always a pilot and a copilot. While the pilot sees most of the action, the copilot is always there to help out.

At Cobidder, our bidders are the pilots. We like to think of ourselves as the copilots. Whenever a “pilot” has a problem or  a question or concern, one our “copilots” will be here to help. Thus you can see why we choose Cobidder as our name.

What got you interested in the entertainment shopping industry?

The staff of  Cobidder got interested in the entertainment shopping industry after watching (literally) hundreds of penny auctions site flounder with bad customer service, horrible shipping times, and worst of all the use of shills.  We figured it was about time for a penny auction site with quick shipping, good customer service, and most importantly only real bidders.

How long have you been open?

We launched in February 2010.

Do your auctions run on a schedule?

Our auctions do not run on a set schedule. We like to keep our bidders on the edge of their seat so to speak!

What are the timer increments between bids/does this vary by auction?

In an attempt to keep it “short and sweet”, all auctions have a timer increment of 15 seconds.

How much are your bids?

All bids are $.75 cents. We do not offer any discounts for purchasing larger bid packages so as to “even the playing field”.

What are your shipping costs? How long does it usually take for users to receive their items?

E-Gift Cards ship for free. Gift Cards ship for $1. All other items have varying shipping costs directly relating to their weight.

E-Gift Cards are delivered within 24 hours of payment. Gift Cards and all other items are shipped within 2 business days. Bidders should expect to receive these items within 5 business days.

What states/countries are you open to?

We are open to anyone that resides in the United States.

What is your policy for bid refunds?

Unused bids will be refunded upon request.

Are there any win limits, limits /household?

Users are only able to win 5 auctions every 15 days. We prefer only one user per household, but we do make exceptions. Please contact us if you would like an exception.

Is there anything else you would like to tell Penny Auction Watch readers?

Cobidder wants you to remember that as a startup, we won’t always have the most expensive products up for auction. However, we believe that our speedy shipping times and great customer service will make up for that. Good luck bidding!

Thank you Cobidder!

Share your experiences with CoBidder with us in our forum and don’t forget to enter the giveaway!

Photo Credits thanks to Thomas Hawk CC by NC 2.0

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3 comments… add one
  • Toni King February 24, 2010, 6:27 pm

    I am praying for a miracle!

  • Mary G February 25, 2010, 3:24 am

    I can verify that yes, when you win an E-gift card, you do get it right away! I won a $5.oo Amazon gift card and had it in my inbox within a hour.

    I like the site, nice prizes, good customer response, colorful and easy to follow.

  • Cobidder February 26, 2010, 2:43 pm

    Thanks for your review Mary G. What do you mean Toni King?


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