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Lowest Unique Bid

PAW Member Wins Vespa on Winnit for Under $30!

by auctionwatcher on February 1, 2010

We want to congratulate our forum member Rob200890, he just won a Vespa LX 50cc on the lowest-unique bid, reverse auction Winnit.com.
The Vespa LX has a retail price of $3,299.00 and his winning lowest-unique bid was $0.42, he placed his bid 24 hours before the bidding ended and only placed around 20 bids! Credits cost [...]

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Bidding Bots Should be Illegal

by auctionwatcher on December 2, 2009

The use of bidding bots should (if they are not already) be illegal. The use of them to bid against people (swindling) is totally unethical.

We posted this photo back in August (thanks Duncan!). It’s an appropriate reminder to all penny auction, (pay-per-bid, bid-fee, entertainment shopping, reverse auctions, unique bid auctions, reveal/Dutch auctions) that are blatantly [...]

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Winnit’s Porsche Winner $17.10

by auctionwatcher on December 1, 2009

Congratulations to the  winner “chazza” of Winnit‘s lowest unique bid auction for a 2010 Porsche Cayman, the winning bid was $17.10. This would mean that there were at least 1,710 bids (at $4 per bid) placed on the auction.
There are now testimonials posted http://www.winnit.com/testimonial.php.
Have you tried Winnit? We want to know!

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Winnit’s Porsche Auction & Win Limits

by auctionwatcher on November 29, 2009

We’re 1 day and 17 hours away from Winnit’s lowest-unique bid auction for a  2010 Porsche Cayman. ( The 2009 Cayman ranked 1 out of 9 for Luxury Sports Cars by U.S. News & World Report: Rankings & Reviews). Bids for this special sports car auction cost $4 each and the auction ends November 30th at 9 [...]

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Nick Lachey’s Winnit Blog

by auctionwatcher on October 5, 2009

Nick Lachey of the reverse auction site Winnit.com will be blogging over on OK magazine for the next 11 days as he hand delivers Winnit wins. Winnit even has a bright yellow “Everybody Wins” tour bus.
One Penny Auction Watch member won a Louis Vuitton handbag. Have you won on Winnit? Discuss it in the [...]

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Nick Lachey to Hand Deliver Wins

by auctionwatcher on October 2, 2009

According to OKmagazine Nick Lachey is going to spend 11 days hand-delivering wins to some of the winners on his reverse auction site Winnit. Don’t you wish you would have tried Winnit now? While on his “Everybody Wins Tour of the USA,” Nick will also be volunteering at soup kitchens and food banks. Way to [...]

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The Average Everyday Penny Auction Bidder?

by auctionwatcher on August 14, 2009

A member on our forum asked a great question:
“During my lunchbreak, I often come home and see if I can bid for a few minutes before having to head back to work. On the weekends, I try to bid as well. But I notice that some bidders appear to be on there all the time….which [...]

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What is a Penny Auction?

by auctionwatcher on May 26, 2009

Just what is a penny auction?
A penny auction is an auction where bidders pay-per-bid for an item and the time increases with each bid. The winning bidder is the bidder whoever is the last to bid when the timer counts down to 0 seconds. Not all auction websites are the same so make sure [...]

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