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How does an auction work on PennyPeek.com?

There are 2 types of auctions running at any time on PennyPeek.com, a Peek Auction (denoted by a blue banner at top and bottom of auction square) and a Discount Auction (denoted by an orange banner at top and bottom of auction square).

Peek Auctions (Blue Banner)

Penny Peek auctions operate as sort of a “reverse” auction. Each auction begins at retail price and the price drops each time the item is “peeked” at.

Peek Auctions
look for a blue banner, and the words 'Peek Auction'Hint Arrow

How To

At first, all prices will be obscured with ???Hint Arrow

How To

Click the Peek button to reveal the items current priceHint Arrow

How To

The price will turn red when someone else peeks and drops the priceHint Arrow

How To

If the price is very low, you might want to keep a close eye on it. The first person to make the price drop to $0.00 is awarded the $.99 win.Hint Arrow

How To

If you see something on fire, take a peek. It might be ready to pop.Hint Arrow

How To

If the price is very low, and you have enough peeks, take the price down to $0.00 for the win by peeking repeatedly.Hint Arrow

How To

Keep track of how long it's been since you last peeked.Hint Arrow

How To

Big Peeks can give you the winning edge. They drop the price by 10x the normal amount. Use these when the price is below $.99.Hint Arrow

How To

Be the first to see the price drop to zero and it's yours for $.99Hint Arrow

How To

Discount Auctions (Orange Banner)

Prices start at retail price and, like other auctions, each time a member peeks, the price lowers. However, unlike Peek Auctions, Discount Auction items can be purchased at any time at their current price. The first member to complete a purchase of a Discount Auction item wins that item at its current price, and the auction ends.

Discount Auctions
look for an orange banner, and the words 'Discount Auction'Hint Arrow

How To

At first, all prices will be obscured with ???Hint Arrow

How To

Click the Peek button to reveal the items current priceHint Arrow

How To

If you like the price then click 'Purchase Now'Hint Arrow

How To

How does an auction work on PennyPeek.com?

Auction TypesThere are 2 types of auctions running at any time on PennyPeek.com, a Peek Auction (denoted by a blue banner at top and bottom of auction square) and a Discount Auction (denoted by an orange banner at top and bottom of auction square).

How does a Peek auction work?

  1. Penny Peek auctions operate as sort of a “reverse” auction. Each auction begins at retail price and the price drops each time the item is “peeked” at.
  2. When you first arrive to the website, all auction prices will be obscured. After buying auction Peeks, you may click on the Peek button of an auction to see the current price of the item.
  3. Each time you “Peek” at an item, the price of that item drops and a “Peek” is used from your account. Other users on the website may be also peeking at items and dropping prices at the same time.
  4. Items can be awarded multiple times within an auction. When an auction’s price drops to zero, the first Peeker to view that price wins the item, and is able to purchase the item for $.99.  In some auctions, multiple winners are awarded the item for $.99. Once all items in a given auction are awarded, the auction ends. Only 1 win is awarded per person per auction.
  5. If you are the winner of an auction, click on the “Claim Item” button to claim your item, pay your price ($.99) for the item, verify shipping information, and get your item on its way to your door! Auction items that are not claimed within 3 days of auction end time will be forfeited.

Frequently Asked Questions

We want you to enjoy your experience here and part of the fun is knowing how it works and benefiting from that. Please read these frequently asked questions asked by our members.



Do you offer free shipping?

PennyPeek.com provides free shipping to the continental US. Shipping addresses provided outside of the continental US will incur additional shipping fees, to be paid by member before item is shipped. If member is unwilling to pay additional shipping fees or provide an address within the continental US for shipping, item can be returned for final auction buy price. However, Peeks used on the auction will not be returned. Free shipping does not apply on Buy It Now items purchased after auction ending.
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What is a Discount Auction?

Prices start at retail price and, like other auctions, each time a member peeks, the price lowers. However, unlike Peek Auctions, Discount Auction items can be purchased at any time at their current price. The first member to complete a purchase of a Discount Auction item wins that items at its current price, and the auction ends.

A Discount Auction is discount shopping at its finest. No waiting for auctions to end or to drop to a lower price. The price of a Discount Auction is obscured when you first visit the item. Use a Peek to discover the current price of that item. If you like the price of that item, click “Purchase Now” to claim your item and proceed through the checkout process.


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What is a Big Peek?

A Big Peek is a special purchased Peek that will drop the auction price by 10 times the price of a regular peek. Big Peeks are a strategic weapon to be used at a time of your choosing – they can be used towards the beginning of an auction to drive the price down faster or in the final moments of an auction to give you a better chance of being the final peek on an auction and awarding you as the item winner.
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How do I buy peeks?

You must register and be logged in to purchase Peeks. Once you have logged in, go to the “Get Peeks” button at the top right of any webpage on PennyPeek.com, or, if you do not currently have any Peeks left in your account, you will be prompted to purchase Peeks if you try to Peek on any active auction.
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What is Buy It Now (BIN) and how does it work?

If you don't win an auction, you can buy the same item for its Buy It Now price within 24 hours of auction close, and we will refund all paid peeks you may have spent on the auction. This way, if you know you are going to buy the item anyway, there is no risk in trying to get the item for 99 cents. Even if you lose, you can still purchase the item and all the paid Peeks spent on the auction will return to your account. We built in the Buy It Now feature to guarantee that you don’t lose your money on an auction, provided you commit to buying that item if you don’t win. You can then use those Peeks again to try and win another auction. Buy It Now feature is only available on Peek auction type. Shipping/Handling is not included on Buy It Now items and will be added during checkout before completing your Buy It Now purchase. Buy It Now purchase refund paid peeks only. It does NOT refund free peeks or previously returned Buy It Now peeks.
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