New Penny Auction Site: ShareTheSpoils.com

We are honored to announce the Grand Opening of ShareTheSpoils.com, a penny auction site with a new twist! We have been in communication with Simeon Schnapper, the Founder of ShareTheSpoils, for a few months now, and we have been very impressed with his communication and ingenuity, as well as his dedication to transparency and fairness and his enthusiasm for the industry.

The auctions at ShareTheSpoils have one BIG difference from traditional penny auctions: there are three winners instead of one! When the auction ends, 50% of the total pot (minus the purchase price of the item) is equally distributed to the last 3 bidders (which includes the top, winning bidder).

The PennyBurners Team is really excited about this site, and we hope you are, too! It has a slick design, detailed and informative content, exciting items up for auction, and provides consumers with a whole new penny auction experience!

ShareTheSpoils is now LIVE, and their Inaugural Auction is scheduled to end on June 19, 2011 at 9:00 pm, CST. They offer two FREE BIDS to new registrants, so be sure to sign up before then, and give them a great big welcome to the industry! ShareTheSpoils is also on FaceBook, so be sure to "Like" them!

To discuss this new penny auction site, and to leave reviews for ShareTheSpoils, please visit the PennyBurners Penny Auction Forum.

Penny Auctions - ShareTheSpoils