Penny Auction REVIEWS – Which Penny Auctions are the BEST Bargains?

As you might know, ABCPennyAuctions.com, a promising online penny auction that caught attention because winning items on the site was apparently easy, closed down earlier this year. It’s a common occurrence among fledgling penny auctions, especially since the first few months of operations always demand the most money. The truth of the matter is that an honest penny auction site will almost always find itself losing money at first, hence why so many other sites resort to scams and fraudulent practices.

ABC Penny Auctions though looks to be back on track and under new ownership. According to new owner Frank Grimes, he’s excited to get his feet wet as the owner of a penny auction he intends to run legitimately. While ABC is scheduled to officially re-open to the public on the 4^th of October, the site is already back online and auctioning off some minor items, including the usual gift cards and small- to mid-value electronics.

After winning a gift card at a bargain price on Quibids.com, another penny auction site, Frank says he immediately got hooked to the new shopping method. After looking up the hundreds of penny auctions on the web, Frank was surprised at how many of them were shady operations that scammed unsuspecting bidders. What’s more disturbing to him is that while some of these fly-by-night sites have closed down, a handful are still up and running with strong followings.

With these problems in mind, Frank set out to put up a penny auction site that provide two things: superb customer service and great bargains. With the opening of ABCPennyAuctions.com, it seems he’s one step closer to reaching that goal. We’ll just have to see if he keeps his word.

Website: www.ABCPennyAuctions.com
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15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 begin_of_the_skype_highlighting              (480) 624-2599      end_of_the_skype_highlighting
Fax – (480) 624-2598
ABCPENNYAUCTIONS.COM@domainsbyproxy.com

Domain Registered: September 2009

PAI Member Rating:

(2 votes, average: 0.00 out of 5)
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ABCPennyAuctions.com is a relatively new site that seems to be an ideal “training ground” for penny auction newbies. The site features an assortment of items, most of which are things we actually need, instead of want. ABC Penny Auctions has auctioned off only a handful of fancy prizes such as HDTVs and laptops, but if you’re looking to do some bargain shopping at Walmart or Amazon, then you can’t go wrong with bidding on this site. ABC mainly has gift cards from popular retail outlets and restaurants, and since competition is fairly light on the site, you’re sure to win a prize after using a few bids here and there.

Registration is free on ABC Penny Auctions, and after signing up, you can explore the site and try bidding with your 5 free bids. Bids are priced at 60 to 80 cents each, and come in packs of 10 to 200 bids. Each bid placed on an auction usually increases its price by $0.01, however it seems that this could vary from auction to auction. The auction timer also increases by 10- to 15-second increments after each bid. As usual, the last bidder before the timer clocks to down to zero wins the item at a great deal.

If you’re away from a computer, you can also make use of ABCPennyAuctions.com’s ‘Bidbutler’, also known as an auto-bidder on other penny auctions. You can set the Bidbulter to bid on an auction once it gets to your desired price range, helping you get a better chance of winning, even when you’re not online.

There’s not much we can say about ABC Penny Auctions, mainly because it’s only been around for a few weeks. One thing we do like about the site is that members can pay for their bids and wins via PayPal and Authorize.net – a far more secure method than just disclosing your credit card details.