this post was submitted on 12 Apr 2025
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penny auctions (mander.xyz)
submitted 3 weeks ago by fossilesque@mander.xyz to c/historymemes@lemmy.world
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[–] DarkCloud@lemmy.world 77 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

I'd think banks probably just have a reserve price these days (a minimum price they'll accept on the property).

[–] Hozerkiller@lemmy.ca 16 points 2 weeks ago (1 children)

"In other news an auctioneer was beaten to death by a mob of farmers today after not accepting a bid."

[–] DarkCloud@lemmy.world 7 points 2 weeks ago

We're gonna need more Luigis!

[–] cows_are_underrated@feddit.org 7 points 3 weeks ago

Exactly. Auctions usually have a starting bid.