Skype Founders Invest in UK Penny Auction MadBid

Thumbnail image for Skype Founders Invest in UK Penny Auction MadBid August 5, 2010

According to Alan Colmenares of VentureBeat, Skype cofounders Niklas Zennstrom and Janus Friis’ investment group Atomico Ventures, have just recently invested more than $6 million in a first round of  funding for UK penny auction site MadBid.com. “MadBid.com was launched in August 2008 in London UK and we are now the UKs leading pay-to-bid auction site. [...]

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QuiBids to Auction Honda Civic with Bid-to-Buy

Thumbnail image for QuiBids to Auction Honda Civic with Bid-to-Buy July 20, 2010

QuiBids.com has just announced that they will be listing their first car auction for a 2010 Honda Civic Coupe LX. QuiBids offers a “Buy It Now” feature on their auctions so that users are able to use the value of the purchased bids placed on an auction towards the retail price of that item. “Whether [...]

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BargainsandFun to Auction MacBook Pro “FreeStyle!”

macbook penny auction July 15, 2010

Wow, this auction ended with 47 bids!   Penny auction BargainsandFun.com is auctioning a new 13.3″ MacBook Pro around 8PM EST tonight. What Makes this Auction Unique? BargainsandFun is offering two bid buddy features for this auction. One of the bid buddies will wait until the last 10 seconds of the auction to bid, this [...]

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Wavee to Add Ladies Department & New Items

Thumbnail image for Wavee to Add Ladies Department & New Items June 4, 2010

UPDATE 11/17/10: Users are now reporting charges they didn’t know about of $179, or so from Wavee.com. Has this happened to you? Let us know. In honor of their female bidders, Wavee will soon be introducing a Ladies Department! In Wavee’s new Ladies’ Department there will be more designer purses, totes and accessories, also there will be a product option [...]

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Beezid Makes a Profit on Mustang

beezid-mustang-auction May 4, 2010

Beezid.com’s auction for a 2010 Ford Mustang GT sold early this morning with a final auction price of $719.66 to user Brian178. Brian178 placed 637 bids ($445.90) so he won a $28,395.00 Mustang for $1156.56 (then of course there will be taxes on is win) though still a great deal, congratulations Brian178! Brian178 was on [...]

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Beezid’s Mustang Auction Still Going!

beezid auction mustang May 2, 2010

We just watched the timer on  Beezid.com’s penny auction for the 2010 Ford Mustang GT’ go down to the first  ”going” in going, going, gone, three times in the last few minutes, but it is still going and currently has received a total of 23,957 bids! If you look closely at the above screenshot you’ll [...]

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New Designer Handbag & Accessory Penny Auction

gucci purse April 30, 2010

Joining in on the popularity of “flash sale,” online sample sale websites that provide consumers with limited time, exclusive discounts on designer fashions, there’s an increasing number of penny auction sites that are geared towards female bidders, one new one that we would like to tell you about is FashionBay.com. FashionBay provides bidders with a large [...]

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Beezid’s Ford Mustang Penny Auction Starts Today

mustang gt auction April 30, 2010

Beezid.com’s auction for a 2010 Ford Mustang GT begins today at 6 pm EST, anyone want to make a prediction on the final end price? See previous penny auctions for cars Good luck! Let us know if you win! Discuss Beezid.com

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Swoopo Adds Daily Deals

April 23, 2010

Swoopo has just added a new Deal of the Day section where they will sell (not auction) a limited number of bid packs and popular consumer items at a discount on a daily basis. The first week of daily deals has included a PS3 (Value $299, sold for $199, and a $169 Flip camcorder for [...]

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New Cars for a Penny?

April 16, 2010

Looking for info on Fast Penny Cars? A new penny auction site for cars.   Check out what is being said on our forum about FastPennyCars.com Ok, not exactly a penny, but would you bid on a penny auction site that only sold new cars? Recently a member of our forum posed the following question: What [...]

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BigDeal.com Adds Designer Handbags

April 14, 2010

BigDeal.com now has penny auctions for designer handbags. Bids on BigDeal are $0.75/each and there is a buy-it-now option so users really don’t have to lose when bidding. The current lineup of chic designer handbags includes an Elliott Lucca Sintra Tote, Retail $268.00, a user just won one of these for $95.40; Coach Poppy Cherry [...]

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GoBid Grab Bag

March 1, 2010

From time to time we mention penny auction items that might be fun for our readers, GoBid.com will soon be offering a mystery grab bag auction: “What’s in the Grab Bag…, you ask. Well, it’s a surprise and that’s the point. You never know what you might end up with- a TV, a gift card, [...]

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Oohilove.com Marries Designer Luxury Fashion with Entertainment Shopping

January 15, 2010

High-end designer fashion penny auction site oohilove.com offers handbags and accessories including Louis Vuitton, Tiffany, Gucci, Chanel, Marc Jacobs, Tory Burch and more.  Penny Auction Watch members have received items from oohilove. oohilove is offering all Penny Auction Watch readers a 5% discount on the purchase of their first bidpack on  oohilove.com.  Please use the discount code: OOHILOVEPAW [...]

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Special Auction on RockyBid.com Non-Winners get 90% Bids Back

January 14, 2010

Editor’s Note: We made a mistake in this post, bids will not be $0.10 each, but the price of the auction will increase by $0.10 with each bid.  Please accept our apologies. Tomorrow, (Friday, January 15, 2010) RockyBid.com is offering a special auction for a Samsung LCD HDTV+200 Free Bids, non-winners will receive 90% of [...]

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LincolnBidz- HP Pavilion Right Now

January 4, 2010

LincolnBidz is back up and running, they currently have an HP Pavilion DV6-1030US laptop ending right now.  Please check out our forum to discuss LincolnBidz and all other penny auction sites. Thanks!

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Live2Bid

December 11, 2009

The owner of the new penny auction site Live2Bid.com recently introduced his site  on our forum and invited PAW members to test. Live2Bid plans on opening tomorrow after a successful night of beta testing tonight. Penny Auction Watch: What got you interested in the entertainment shopping industry? Well, I have sold on Ebay a lot [...]

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BargainsandFun Needs Beta Testers

December 11, 2009

Beta testers are needed on new penny auction site Bargainsandfun.com. They just posted to the forum (where all the fun stuff is at!) to tell us that they would like to run the beta test tentatively from December 14th-17th. Bargainsandfun is located in the US and that is their target market, but anyone in the [...]

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BidMyDreams More Electronics & $900 Cash Auction

December 7, 2009

Tonight, penny auction BidMyDreams.com is running  another cash auction, $300 to the winner’s PayPal account and if the auction price reaches $20 they are going to triple the win to $900. Their previous 140 auctions have been predominately for gift cards.  Auctions this week include a Nintendo Wii (tonight) and an 8 gb iPod Nano [...]

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Special Robotics Auction for UK Readers

December 4, 2009

UK penny auction Quick2Bid has just informed us that they are having special robotics auctions, starting at midday tomorrow, December 4th. Founder Viraj Karia adds, “This is a great product line-up for us as these items are so hot that they are on almost everyone’s Christmas list; like Pleo the Dinosaur, which rose to fame [...]

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BidRay Items

October 31, 2009

Has anyone tried BidRay? They have a $350 Macy’s gift card opening at 3PM CST today, this has to be one of the largest gift card values we’ve seen on a penny auction. They also have a MacBook Air auction that is currently paused overnight with 2,088 bids. Discuss BidRay in the forum. (Disclosure: We [...]

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