Penny Auction TitanBids.com is now closed and being offered for sale. Here's the sale ad posted to our forum by TitanBids. "Opportunity Up for sale is a professionally built Penny Auction website which was launched in early June of 2013 using an email blast to drive potential customers. I ran it for only 2 weeks and […] Read More

justice-served

I am SO thankful for the Florida State Attorney General's Office, as well as the Washington State Attorney General for all of their interest and work they have done to bring justice to penny auction scammers and provide restitution to bidders who were shamelessly robbed. This is actually the BEST penny auction news I have […] Read More

ww

Congratulations are in order for DealDash.com penny auction site founder William Wolfram! William has just won the Ernst and Young 2014 Entrepreneur of the World award for Finland! I've had the privilege of meeting with William and he's definitely a very gifted and motivated young man. Very inspiring! From the Ernst & Young article: "William […] Read More

amazingbids

Have you bid on this new penny auction site AmazingBids.com? We just interviewed the site's owner, Viktor who tells us he also owns PennyAuctionz.com. Have you bid on AmazingBids? Let us know what your experience has been with this and all penny auction sites in our forum or the comments section below! Penny Auction Watch: […] Read More

why not

Since you might not win, and chances are you will actually lose an auction if you try to. It's true, there's only one winner. Why even bother? I understand those thoughts and doubts about the concept, so with all of that said and acknowledgment that you may not win realized you will be better off […] Read More

the world is dangerous by einstein

SO you think the anonymous penny auction sites are a big problem right? They are, and not to downplay the fact that the scale of the kid in his parent's basement, or a scheming couple, or someone with bigger resources to rip off even more consumers isn't unethical, dirty and just flat out thievery, it […] Read More

forbeslogo

Caroline Mayer, a consumer reporter for NextAvenue.org  just did a wonderful piece today on penny auctions for Forbes.com. If you haven't seen it yet, you must read it. Are Penny Auction Sites Seen On TV For Real? She makes some very real points and I would like to thank her so much for mentioning me and Penny Auction Watch. […] Read More

Unfortunately, more often than not, our news here is about site shutdowns than new startups.   BidCactus - a larger penny auction site just recently. Now, a smaller site FairPennyBids.com has closed it's doors. FairPennyBids.com tells us that all items have been shipped and all unused bids have been 100% refunding. Did you bid on this penny auction […] Read More