The clue is in the name! Miss Penny is a penny auction site and because items only increase for a penny at a time, you stand a good chance of grabbing a bargain. Don't get auction fever though, as you'll have no money left for the mortgage!

Miss Penny:

"Misspenny.com is owned and operated by a group of Scandinavian entrepreneurs with knowledge and background from gaming, digital advertising and marketing. We are a team of 11 people with office both in London and in Stockholm.

Miss Penny is a Penny Auction. It works as a traditional auction, but with two major differences; For each bid placed, the final price of the auction is only raised by a penny (hence, 'Penny Auctions'), and all bids cost £0,4 to place.

Otherwise, it's an auction just like any other auction. The highest bidder wins the auction. The great thing about Penny Auctions are that since they are only raised by a penny at a time, the products will sell at considerable discounts, often as high as 90-98% off!