fayetteflash Posted November 27, 2012 Share Posted November 27, 2012 It looks like a scam, but you never know. The penny auction concept is crazy, but the idea of getting a gun for $20 is interesting... Anyone tried out http://bidgunner.com? Link to comment Share on other sites More sharing options...
3gungeezer Posted November 27, 2012 Share Posted November 27, 2012 SCAM for everyone but the seller! Link to comment Share on other sites More sharing options...
fayetteflash Posted November 27, 2012 Author Share Posted November 27, 2012 yeah, looks that way. was watching a SIG 1911 last night that someone got for "$72". so, bidgunner got around $3600 + $72 and the buyer probably bought $500 in bids and lost 10 hours of their lives! i'm staying away. Link to comment Share on other sites More sharing options...
XD Niner Posted November 28, 2012 Share Posted November 28, 2012 Although there are a few true bargains, when you do the math it is definitely not a good deal on average. Link to comment Share on other sites More sharing options...
johnmac Posted December 25, 2012 Share Posted December 25, 2012 Wow, I wish I had thought of that concept...seems like the value of paid bids collected, assuming $0.65 per penny bid, is almost always well in excess of the retail price of the item being sold. And the promise of "scoring" a good deal, however low the probability of success, will bring the bidders in. In some ways, it might provide a similar experience as a form of gambling. Link to comment Share on other sites More sharing options...
EkuJustice Posted December 25, 2012 Share Posted December 25, 2012 Its a total rip off for anyone other than the seller. When buying the bids as long as they have a few people heavy in it it goes on forever as Once they have "invested" so much in bids they hate to stop so they keep throwing money at it. Link to comment Share on other sites More sharing options...
8811GUN Posted December 25, 2012 Share Posted December 25, 2012 I came to the same conclusion. If a deal looks too good to be true ... it probably is. Link to comment Share on other sites More sharing options...
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