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  2. Bidding fee auction - Wikipedia

    en.wikipedia.org/wiki/Bidding_fee_auction

    Auctions. A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction is extended each time a new bid is placed, typically by 10 to 20 seconds. Once time expires without a new bid being placed, the last bidder wins the ...

  3. DealDash - Wikipedia

    en.wikipedia.org/wiki/DealDash

    DealDash. DealDash is a bidding fee auction website. It was founded in 2009, and is headquartered in Minneapolis, Minnesota, United States. [1][2][3] Users buy "bids", which are credits priced at 13 cents each, which increase the listed price of the item by 1 cent. If no user places a bid after the previous bid, by a time specified (9 seconds ...

  4. Penny auction (foreclosure) - Wikipedia

    en.wikipedia.org/wiki/Penny_auction_(foreclosure)

    e. A penny auction is a collective action taken during the auction of a foreclosed property to force the sale of the property at a low price, with the intent of then returning the property to its previous owner. The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure ...

  5. QuiBids.com - Wikipedia

    en.wikipedia.org/wiki/QuiBids.com

    QuiBids.com. QuiBids.com is an American online retailer headquartered in Oklahoma City, Oklahoma, United States. It is a retail website that operates as a bidding fee auction, also known as a penny auction. The company has been sued under allegations that it is a form of illegal gambling and that its advertising is misleading.

  6. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1] [2] [3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules.

  7. 9 Rare Coins That Can Make You Rich - AOL

    www.aol.com/9-rare-coins-rich-120009603.html

    1944-D Lincoln Penny. Auction record: $115,000. This super rare penny sold for six figures because it’s only one of two dates that feature zinc-coated steel. It’s worth mentioning that the ...