Wednesday, June 23, 2010

Soft Opening Saturday June 26, 2010!



The time has come for your sneak peek at www.paradisepennyauction.com! Register now and get 7 free bids!

Our mission is to offer the absolute best penny auction experience. Products to provide what you want or need! Save money, have fun!

If you are new to the penny auction experience be sure to check out the How it Works page.

Happy bidding!


PS-Don't forget to feed the fish! Just click in the tank to drop some food!

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Tuesday, June 22, 2010

Site Enhancements to Buy Bids Page


Check out our new and improved buy bids page!

The site will be live Friday, June 25th with the first auctions ending Saturday, June 26th. Come on by for some great deals!

Don't forget your first 7 bids are on us!


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Sunday, June 20, 2010

Happy Fathers Day!


From all of us here at Paradise Penny Auction! Enjoy the day!




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Saturday, June 19, 2010

Penny Auction History

Did you know that the phrase "penny auction" first entered into the American lexicon during the Great Depression? The original American penny auction was devised by farmers as a way to band together and purchase foreclosed farms for pennies at bank auctions. The farms were then turned back over to the original owners.

Since then the modern form of the Penny Auction evolved in Eastern and then Western Europe as an online auction where bidders pay per bid and auction increments increase by $0.01 with the winner being the last one to place a bid. In 2009 the Penny Auction craze took hold in the US.

Welcome to the world of Penny Auctions!

Stay tuned for more funny penny auction historical facts!

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