Ads for the penny auction site QuiBids and Happy Bid Day make it look easy to get expensive items for just a few dollars. One for QuiBids says, "Imagine getting a new Apple iPad today for just $23.74.

Penny-auction websites are buzzing with all kinds of deals on electronics, appliances, gift cards, and many other items. Encouraged by TV and Web ads promising as much as 95 percent off retail, ...

If you’ve been the least bit captivated by the mystery of missing Malaysian Airlines Flight 370, you’ve undoubtedly tuned into to CNN to get the latest updates (or speculation) about its fate. If so, ...

Are penny auction sites legitimate? States begin to regulate the industry. Aug. 19, 2011 — -- Everyone loves a deal, but how good of a deal are the online stores known as penny auction sites?

PITTSBURGH (KDKA) -- Penny auction websites advertise big bargains with the lucky winners walking off with televisions, small kitchen appliances and other items for a fraction of their retail cost.

The penny never made much sense at the checkout line, but it sure made dollars at auction. Coin collectors paid more than $16 ...

Prices can start as low as zero and each bid increases the price only a penny or two, so the deals look amazing. Imagine getting a new Apple iPad today for just $23.74. An ad for the penny auction ...