guns 4 pennies

Discussion in 'Feedback Forum' started by CSA95, Oct 18, 2011.

  1. CSA95

    CSA95 New Member

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    has anybody used this site before and is there some sort of catch to it? also how are the firearms so cheap?
  2. jack404

    jack404 Former Guest

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    simple answer , they aint ..

    this is s stooge suction as we call em here in OZ

    you buy your bid, if you bid 1 cent cool , but to buy that 1 cent may cost you $8

    from there terms page

    \

    see ??

    its not just the selling price in the auction but the fee's and levies they charge you , thats is split with the seller and it has the potential to cost way more than other auctions as to calculate a defined total is so hard to do . you spend more thinking you paid X but then there Y and Z and back to A ....
    Last edited: Oct 18, 2011
  3. carver

    carver Moderator

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    There just ain't no free rides! If it looks to good to be true, it probably isn't!
  4. CSA95

    CSA95 New Member

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    thanks for the info
  5. Jim K

    Jim K New Member

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    Everybody sells guns for pennies. I bought a gun last month that cost me 53,529 pennies.

    Jim
  6. jack404

    jack404 Former Guest

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    i had a guy buy a rifle off me in 5 and 10 cent pieces, honest!!!

    $600 worth
  7. Rhuga

    Rhuga Member

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    Bring back the days of the good old Saturday Night Special. If we could, maybe we could get the prices of the good guns down into reality from competition. I think that it was the big gun makers that did this with some false propaganda, cuz their greedy SOBs too. Of course, we also need to have Congress and Obama lower the taxes on tobacco and firearms.
  8. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    Wow, what a scam!!

    Carver is right - there ain't no free lunch!

    I remember some years ago a friend at work gave me the web address of a place that gave 100% rebates on purchases from their on-line store. They handled all kinds of electronics, and the listed prices were WAY above normal retail. I told him I did not believe this could be legit, but he said he knew guys that had bought stuff from them, and about four weeks later they would get their full purchase price back in the mail!
    Being sold on the above addage, I bought nothing from them, but this guy and several others at work did. They paid well over retail for a bunch of stuff, then waited for their 100% refund.
    Then one day the web-site ceased to be on the net.
    Then we read about it in the news - the outfit was a Ponzi scheme, using money from the excess prices paid by new purchasers to give the 100% refunds to the older purchasers until they had a very large 'float' of people who overpaid for the merchandise, then they took the money and skipped - -
    My friends at work all got the merchandise, but never got the refunds. They paid about 50% OVER what they could have bought their items for elsewhere, all because they wanted to get them free.

    I will stick to Amazon, Sam's Club, and other businesses I KNOW who charge a fair price for quality merchandise.
  9. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I did a decent search on this outfit, and found ONE person that was happy with the gun he bought through them, even though it took him several months to actually get it; he credits the DEALER with his pleasant experience, not the guns4pennies site.

    It seems that just about every firearms site on the internet has discussed them, and ALL agree they are a scam, just like all the penny auction sites.

    Just think about it -
    You buy the right to place 1000 bids, and pay $680 bucks for them.
    You find a gun you are interested in, and raise the bid by one penny 500 times, and end up the winner at $65.18.
    You send the dealer $65.18, and he sends you the gun.
    Your 500 bids had already cost you $340, so the total cost of the gun was $405.18, which you are happy with.

    Same scenario, except someone bids one cent more than you did, and you do NOT get the gun. You don't have to pay the $65.18 for the gun, of course, but you DID spend $340 for the 500 bids you bought and used!

    And the winning bid of $65.19 shows there were 6,519 bids total on the piece, which at the cheapest price of 68 cents each brought in $4,432.19 to the auction site.
    They split this with the dealer who sold the gun for $65.19, which means he got $2,281.65 for the gun, and the scam auction site got 2,216.46 for providing the 'service'.
    And those are the CHEAPEST bids available!

    Interesting side note -
    The BBB has no record of them at all.
    But they do have a record of a "pennies 4 guns" in Beaumont, TX - no complaints, no reports.
    Is anyone here in Beaumont able to verify if this is a legit company and just a coincidence?
  10. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I also think that a bunch of Guns & Ammo subscribers need to contact them and complain about their accepting advertising for a scam like this -
  11. ampaterry

    ampaterry *TFF Admin Staff Chaplain* Staff Member Supporting Member

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    I moved this from the Technical info forum because I believe it needs to be widely circulated - -
  12. bamajoey

    bamajoey Well-Known Member

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    Best thing to do if you want to buy a gun is find a reputable dealer and make a purchase. Like some one has already said "if it sounds too good to be true, it probably is"
  13. jack404

    jack404 Former Guest

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    this sort of auction was started in new zealand which quickly made these sites illegal , then they came to Australia and now they have spread ..

    buyers beware , if its seem to good to be true it probably is

    look for the hook

    and be safe folks
  14. cpttango30

    cpttango30 Guest

    I ran into pennies4guns.com as well. A guy won a Judge and a Mossy 500 JIC he got both quickly and then the site folded up and the 10 people who won other guns never got them.
  15. jack404

    jack404 Former Guest

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    theres been some bad stories here about folks using the penny auction system

    lot's , paying for the privilege of not winning can add up fast

    i've mates who have ended up donating $100 or more before catching on ..

    then try getting a refund on the bid packages .. read the T's and C's (if they actually publish it all , many insist you become a member first , there by ensuring you agree to the terms and conditions , which is mainly about indemnifying them .. )

    worst part i found is you join , you leave you get added to the mailing lists folks sell to casino and worse spam .. my inbox is full of it .. as if the jihadi death threats aint hard enough to sort .. at least some of them are entertaining , i really gotta post a "best of" jihidist death threats eh ..

    i'm not joining any more to find out , if they dont publish everything , i dont wish to know and will say the same to all who ask ..

    it may be 100% legal , but that dont make it honest .. or needed to be "allowed"
    Last edited: Jan 9, 2012
  16. woolleyworm

    woolleyworm Active Member

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    Now, if only the gov't and corporate America would grasp hold of that moral concept............... well, it was a nice thought..... :(
  17. woolleyworm

    woolleyworm Active Member

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    The way they rig these penny auctions ensures that the "house" is never going to be out much if any. If smoke and mirrors are something that you like, then by all means have yourself a very spendy time on these penny auction site; otherwise, you will spend much less in the long run elsewhere. The "resetting" timer feature is another gimmick that just runs up the bidding and exhorbenant profits for the "house" too.
  18. woolleyworm

    woolleyworm Active Member

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    Examples of just what you "get" on some of these "deals"......

    Lets say you're bidding on a SOG TF-7 knife at suchandsuchpennyscammers.com and it's got a reserve of .65c; seems like a darn fair and cheap price...... well, 65 bids to get there, so at the cheapest bids possible ( .68c), that equals $44.20 in bids, plus your bid amount of .65, plus shipping. So you end up right around $50 even if you win it for the lowest amount. Let's say it goes up to $2.25 for the knife, not a bad price to pay at all you think. So long as you've only put in a few bids, that's not bad. But think of what the seller is making on this deal.

    2.25 = 225 bids, so a minimum of $153.00 is going into their pockets. Those that lost out on the auction, GET THIS>>>>>, can "not lose their bid fees" by applying them to the retail price and buying the item now........... OOOHHHHHH what a DEAL YOU SAY !!!!! So if I used 40 bids and didn't get the item in auction, I could apply that $27 twoards the retail price and "not lose it", so you end up paying $120+ for the knife in order to not lose your bid$$................ I'm going explain this very simply to anyone that thinks these auctions are worth even putting in one bid on............


    YOU CAN BUY THE KNIFE ONLINE AT MULTIPLE PLACES FOR UNDER $50 SHIPPED !!!!!!

    So, meanwhile, these auction site are racking in the $$$$ at waaaaay more than retail at who's expense???????????

    the dummies that bid on them !

    DON'T PLACE A SINGLE BID AT ANY PENNY AUCTION SCAM SITE. IT MAY BE LEGAL (for now), BUT IT SURE AS HELL AIN'T MORAL OR ETHICAL.
  19. woolleyworm

    woolleyworm Active Member

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    my reason to bid on anything from these type sites is if I have free bids and there's not many registed bidders yet. The first few no reserve items on the site are about the only ones that will actually be a "good deal". Once the sheeple get to bidding, it's just a crap-shoot, literally.
    Beware though, it's an addiction and some people think they actually have a shot at winning on these auctions.

    If anyone thinks differently of my smoke and mirrors view, I'd love to find out more and see if I'm missing something here.
  20. cpttango30

    cpttango30 Guest

    So your telling everyone not to bid then you turn around and talk about how you bid on them sites. Hummmmmmm sounds fishy to me.

    I'm not tracking how it is immoral?

    They post the terms and conditions and you have to agree to them when you sign up. If you don't understand them or you agree to them it hour reading that is your fault.

    Same thing as people buying a house that is 3 times what they can afford and and doing an arm loan so they can. No one forced them to sign up no one forced them to bid 65 times. And buy a $10 knife for $75. Everyone makes choices in life some people just are not as good at them as others.
    Last edited by a moderator: Jan 11, 2012
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