New to Auction 4 Pennies?
Welcome to Auction 4 Pennies, home of some of the most exciting auctions on the internet. Our auctions work a little bit differently - once you've got the hang of them, we think you'll love them.
There's a few key things that are different from other auctions you might have used online:
- Bidding on our auctions starts at just 1 cent, with no reserve prices.
- The price only goes up by 1 cent with each bid placed.
- If a bid gets placed in the final moments, we extend the auction by up to 15 seconds.
- Each bid costs .99 cents to make a bid in additional to the penny you are bidding.
Let's take a look and see how this works in practice:
Here's an auction that's currently running – the bidding's reached US$27.62  ,
and there's just 5 seconds  to go:
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Let's look and see what happens when you bid.
Each bid placed costs you $0.99 for the bid and adds 1 cent to the auction price.
See what's happened?
First – you're now the highest bidder  – whoopee!!
You can also see that the price has gone up by 1 cent  and the countdown has reset to 20 seconds.
You'll also have one less bid in your account. |
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If no one else bids in these 20 seconds, then wahey – you've won! |
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