Tag Archives: Auction

Should you Bid for Auction Items at those Penny Auctions?

You’ve seen those ads for penny auctions, haven’t you? A Motorola Xoom for $5, a Chanel handbag for $10, a laptop for $7. It isn’t these are fraudulent in some way. It’s just that these lead you to believe the prices really are going to be that cheap. These are called penny auctions because the auction items that you get to bid for start at $0. And they move up a penny at a time. Only two […]

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