American Penny
Posted in Uncategorized on 10/31/2003 02:07 pm by admin
American Penny
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Best Penny Auction Websites
Whether they are legit or a scam one thing is for certain; Penny Auctions are taking the web by storm. Macbooks for $50, HDTV's for $30, and iPods for $20 seems to good to be true. Believe it or not, the Penny Auction business model does make this possible. However not all Penny Auction websites follow the rules. Learn how to determine which site is right for you before diving in.
How The Penny Auction Model Works
For those of you who do not know Penny Auctions work like this: Users purchase bids at roughly 60 cents each. When a user places a bid, the price of the product goes up 1 cent. Let's assume an auction's starting price is 0, and bidders bid on it until it eventually sells for $20. This means 2000 bids were placed at 60 cents each. Therefore $1200 of bids went into the auction allowing the owners to easily cover the cost of the $400 piece of equipment. The winning bidder ultimately spends the price the auction sells for, plus shipping, plus however many bids they used. Therefore the buyer gets a large discount, while the supplier profits. Please keep in mind though that many other users placed bids on the same product and came away with nothing. Therefore, bid at your own risk. This article is only designed to instruct you on which Penny Auction sites are legit and which ones are scams.
Scam Hunting
Not all Penny Auction websites have sufficient users participating in their auctions. With no competition for a product the item will sell too early, leaving the owners unprofitable. To remedy this problem, the seller will fraudulently add in bid-bots or ghost bidders. These bid-bots will continue to outbid the real customers until they fold. This allows the site owner to take money from the customer who purchased bids without ever having the burden of dealing with a real winner whom they must ship the product to. It is relatively easy to spot which sites are using ghost bidders and which ones are not.
Check to see if the same users are winning the majority of the auctions. If so, you may be dealing with an owner who created several profiles and granted them millions of free bids. Are there any usernames that seem to use an irrational amount of bids to win something cheap? Few real people are foolish enough to spend $300 by bidding 500 times on a $100 item. Keep your eyes open for sites that sell a rare product at an alarming rate? Currently, Verizon's Droid X is not one of the easiest items to find. If they are selling several a day, then they must either have a deal with the Dropshipper that not even Cosco can achieve, or they don't actually have this product in hand. Look for typos and poor grammar. A business that is professionally operated usually goes over all fine-print with a fine tooth comb. One of the more obvious things to look for is items that are selling for WAY too cheap. If there are no real bidders bidding, then the bid-bots have no reason to bid. When $200 items are selling for one or two dollars I tend to stay away. With Penny Auction experience you will learn what things to look for on your own as well. These are just some of the tipping points/guidelines to help prevent you from getting suckered into any scams.
Ranking The Penny Auction Website
I have compiled reviews for some of the more trusted penny auctions sites. Roughly a week was spent studying and analyzing each one while noting all pros and cons. The websites have been listed in descending order based off the grades they received.
IShop4Cheap: B+
IShop4Cheap proves to be one of the more legit penny auction sites on the market. The same username rarely seems to win more than one or two auctions. At the moment, IShop4Cheap actually limits the auctions a user can win per month. I have yet to sense any suspicious bidding such as a user irrationally bidding a couple hundred times on a $50 auction. The products available are current and top-notch. Bids are not over-priced, the site runs on a strong server, and shipping took only four days for my Bose Headphones. IShop4Cheap.com does suffer from formatting issues with some of the older versions of Internet Explorer, and they lack any sort of video tutorial. Luckily, the interface is easy to navigate and the minor complaints do not detract from the overall experience.
BidCactus: B-
Bidcactus is designed very well and comes across as a professionally regulated site. It has a large variety of auctions tailored to all customers. Suspicious bidding is minimal. However, it is very difficult to win anything on Bidcactus. Their site gets tons of traffic, resulting in high user competition. I did not win anything so I cannot comment on shipping time. My online research does show that BidCactus will rightfully ship the goods to auction winners and shipping can take up to two weeks.
Swoopo: C+
Originating in 2005, Swoopo was the first penny auction site to hit the scene. They immediately get bonus points for this. Their servers are top notch and run at a great speed. They also offer the widest variety of products. Swoopo's pitfall resides in the fact that they allow users from all over the world to bid on the same product, despite the fact that not all currencies are equivalent to one another. This drives competition up at an exponential rate making it almost impossible to win anything. Just like with BidCactus, I never won anything on Swoopo. BidCactus ranks highers due to the fact that all bidding is done in American currency.
About the Author
Michael is an Certified Public Accountant from Wilmington, DE. Over the years he has worked in tax preparation, corporate audits, and assisting the public in making significant financial decisions.
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Waltons American Penny Whistle $7.99 Waltons American Penny Whistle |
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Waltons American Penny Whistle Value Pack $9.99 Waltons American Penny Whistle Value Pack |
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Waltons American Penny Whistle CD Pack $15.99 Waltons American Penny Whistle CD Pack |
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Will Penny $4.99 Will Penny |
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Rob Penny $79.66 High Quality Content by WIKIPEDIA articles Robert Lee Rob Penny (August 6, 1941March 16, 2003) was an American playwright, poet, and professor. Penny was born in Opelika, Alabama on August 6, 1941. He moved to Pittsburgh, Pennsylvanias Hill District as a toddler, where he was raised. A graduate of Central Catholic High School (Pittsburgh, Pennsylvania), Penny had childhood aspirations of joining the priesthood. In 1968, he and his friend August Wilson, a fellow Pittsburgh poet and playwright, cofounded the Black Horizon Theater, which staged performances until the mid1970s. Dr. Vernell A. Lillie founded the Kuntu Repertory Theatre in 1975 as a way of showcasing Pennys plays. Penny had begun teaching at the University of Pittsburgh in 1969 and served as chair of its Africana Studies Department from 19781984. Penny wrote more than 30 plays and 300 poems. Author: Surhone, Lambert M./ Timpledon, Miriam T./ Marseken, Susan F. Binding Type: Paperback Number of Pages: 112 Publication Date: 2010/07/23 Language: English Dimensions: 6.00 x 9.02 x 0.27 inches |
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Penny $49.99 Roman Penny - Giclee Print |
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A Penny Urned $7.99 Pickled...Then Potted All that remains of Lula Mae Wiggins-who drowned in a bathtub of cheap champagne on New Year's Eve-now sits in an alleged Etruscan urn in Savannah, Georgia. Further north, at the Den of Antiquity antique shop in Charlotte, North Carolina, plucky proprietor Abigail Timberlake is astonished to learn that she is the sole inheitor of the Wiggins estate. Late Aunt Lula Mae was, after all, as distant a relative as kin can get. Arriving in picturesque Savannah, Abby makes a couple of startling discoveries. First, that Lula Mae's final resting pot is more American cheap than Italian antique. And second, that there was a very valuable 1793 one-cent piece taped to the inside lid. Perhaps a coin collection worth millions is hidden among the deceased's worldly possessions-making Lula's passoing more suspicious than orginally surmised. With the strange appearance of a voodoo preistess coupled with the disturbing disappearance of a loved one-and with nasty family skeletons tumbling from the trees like acorns-Abby needs to find her penny auntie's killer p.d.q...or she'll be up to her ashes in serious trouble! |
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Penny from Heaven $37.01 Set in 1953 New Jersey, this 2007 Newbery Honor Book follows the tumultuous summer of 11-year-old Penny. Though she lives with her mother and their extended family, Penny loves spending time with her late father`s affectionate Italian American family, and longs to know why there`s so much tension between the two families. Though Penny had planned for a summer of swimming, running around with her cousin Frankie, and eating lots of ice cream, things take a dramatic turn when an accident changes everything. Italian American heritage, family history, and cultural history combine to create a moving story. |
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Complete Lincoln Penny Design Collection $37.4 American Coin Treasures presents 12 different Lincoln pennies. This classic gift is sure to be a hit with the coin collector in your life. VDB Initials Removed Lincoln pennyVDB Lincoln pennyLast Wheat Ear pennyLincoln Steel pennyLincoln Zinc penny First Lincoln Memorial pennyLast copper pennyFour bicentennial pennies and the Lincoln Shield penny Certificate of Authenticity is included |
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Penny Penny Penny Humor Jr. Spaghetti Tank by CafePress $22.5 If you a lover of The Big Bang Theory, get these products with the knock knock knock Penny design. Humor Jr. Spaghetti Tank Our spaghetti tank from American Apparel will keep you in style year round. Made of soft 100% superfine combed cotton baby rib, this tank provides the perfect silhouette.5.8 oz. 100% Ultra-fine combed ring spun 1x1 baby rib cotton. Size up |
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American Coin Treasures Civil War Penny $62.35 This penny comes from the Civil War, the greatest conflict ever fought on American soil. The Indian Cent was minted from 1859 to 1909, and in this special collector's display, your penny will always have a mint year from 1861 to 1865, the years of the Civil War. Imagine the history this U.S. coin has seenMinted from 1859 to 1909This penny will always have a mint year from 1861 to 1865Mounted with historic illustration in protective case that allows for viewing both sidesCertificate of authenticity included |
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A Penny in My Pocket $15.65 A school assignment to look for an old penny opens up a world of adventure and living history for a group of students. Join them as they search for old pennies, hold them in their hands and wonder: Who held them when they were new? What was this country like? With each penny found, more history comes alive. The pennies lead back to the wave of immigration in the early 1900s, through the Influenza epidemic and The Great War, on to the Harlem Renaissance, the Depression and World War II. All this is seen through the eyes of young people the same age as the students. The powerful ending demonstrates how a simple penny can tie people together and carry a strong message of hope and the American spirit. The book includes discussion questions intended to stimulate thought-provoking conversation and creativity. The book is suited for the home, classroom, library or homeschool bookshelf. The book is also available in hardcover (ISBN 978-0-9795818-0-9) |
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The Taste of Penny $5.46 Tight, wry, dark, and deeply funny, "The Taste of Penny" agitates the senses in stories modern and mischievous. This collection captures love, relationships, and finding one's way in the twenty-first century. Jeff Parker's work has been included in "The Best American Nonrequired Reading 2006," "The 2005 Robert Olen Butler Prize Stories," and other anthologies. |
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A Penny for Your Thoughts $15.94 A Penny for your Thoughts, written by contemporary American poet, Penny Johnson, Lexington, KY, is sure to delight any poetry lover. Poems about nature, love, life, death, philosophy and religion are sure to please any reader. Each poem is written to capture your attention and after you have read it you will be hungry to read more. Penny Johnson's poetry has been published nationwide and worldwide; some of her poetry has become song lyrics. She has many awards and trophies and is "International Writer of the Year 2003" awarded from Cambridge, England. Some of her poems are on The Joy of Poetry cassettes. Her poetry book is written to teach, fulfill, stroke, heal a wound or show beauty. Her main goal is to entertain, uplift, satisfy the poetry lover. It is written in such a way that it is sure to be a classic. Human nature is such that readers need good reading so that each person who reads will be enhanced. "Poetry is the song poets sing to beautify the whole world," Benny says. To be a poet is a gift and should be shared with as many poetry lovers as possible. A Penny for your Thoughts does just that. The first poem of the book and the last and every poem in between is your gift. Enjoy |
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Penny, caida del cielo $8.95 Touching and multilayered, this novel tells the story of Penny, an 11-year-old Italian American living in 1950s New Jersey who is looking forward to a summer of butter pecan ice cream, swimming, and baseball. Penny’s idyll is shattered by several events, though. First, her mother starts dating the milkman. Then, Penny’s arm goes through the wringer on the washing machine. Finally, details about her father’s death, which her family has refused to discuss until this point, begin to surface. This clearly drawn tale eloquently describes the intricacies of family life.   Conmovedora y multidimensional, esta novela relata la historia de Penny, una italoamericana de 11 años viviendo en Nueva Jersey en los años 50 que mira con anticipación un verano lleno de helado de pecanas con mantequilla, natación y béisbol. Sin embargo, el idilio de Penny es interrumpido por varios eventos. Primero, su madre empieza a salir con el lechero. Entonces, el brazo de Penny se tranca en el escurridor de la lavadora. Finalmente, algunos detalles sobre la muerte de su padre, sobre el cual su familia ha rehusado hablar hasta este punto, empiezan a salir. Este cuento bien trazado describe elocuentemente las complejidades de la vida familiar. |
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American Coin Treasures Large Irish Lucky Penny $32.2 Finding a Penny is always considered good luck, so imagine how much luck comes with a genuine Irish Penny. This lovely bronze one cent coin comes directly from the Emerald Isle. Obverse features a Harp and the symbol used on all Irish coins since Henry VIIIA charming hen and her chicks decorate the reverseThe coin was struck at the Royal Mint in London from 1928 to 1968With words written in Gaelic, this genuine one cent coin is an authentic piece of Irish charmIncludes a certificate of authenticity |
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Alex & Penny In The Wild West $5.99 The brother and sister team of young secret agents explore AmericaÂ’s Wild West. Their secret mission takes them to the areaÂ’s most fascinating historical landmarks and through some of the worldÂ’s most stunning scenery as they follow in the footsteps of the pioneers along the Oregon Trail. The name of each destination is hidden in a quiz or puzzle that Alex and Penny - and readers - have to solve before they can continue to the next clue. Among the places the twins visit are Bryce Canyon and the Grand Canyon, Arches National Park, Mesa Verde, where they learn about Native American history, and Monument Valley. They pan for gold in the Colorado River, participate in a wild mustang roundup, and learn Native American traditions along the way. An entertaining story combined with spectacular photographs and manga-like illustrations introducing readers to the legendary history of AmericaÂ’s frontier. |
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American Coin Treasures Lucky Irish Penny Watch $81.02 Get some of the luck of the Irish with this watch that features an Irish penny. A rich brown leather band and a cloverleaf on the end of the minute hand add to the unique style. You don't have to be Irish to enjoy this genuine Irish Penny wristwatch Bronze collectible coins, minted at the Royal Mint in London from 1928-1998, feature a decorative harp on the obverse, the symbol used on all Irish coins since the days of Henry VIIILasers were used to cut the coin in halfThe front of the coin is the watch face, and the back houses a solid quartz movementDistinctive brass bezel's coppertone overlay and rich brown leather band accents the burnished tones of the coinsAll measurements are approximate and may vary slightly from the listed dimensions.Watch bands can be sized to fit 7.5-inch to 8.5-inch wrists. |