Guns For Pennies

[Hotshot12]

Have any of y'all heard about this site or have ever used it. I found this site the other day and have seen guns that typically sell for $1200 sell for like $15. Just wondering if any of y'all have used it and if it is a legit site.

 

[Rangerscott]

It's a penny auction. Every cent bid is really worth a dollar (or whatever the site charges). So if something sells for $10, it actually sold for $1,000 (the company site made that).

100 pennies X 10 = 1000 pennies (1k bids). Win or lose, you're charged for every bid you make.

It's only a deal if you win. Say out of the $10 final bid win, you put in 20 bids, then "YOU" won it for $20 which wouldn't be bad. The only way I see for you to come out on top is just to wait and be the very last bidder, but I know some sites restart the time after each bid so those auctions can go on for a long time. I've never used one a penny site and really don't plan to.