SummaryBlock

What exactly can a penny buy these days? This is a question often asked. Google the question and you will find a few answers. Not much, apparently, according to most. Well, I was pleasantly surprised when I actually set out to make purchases for one cent. This blog documents the various items I scored for a penny or less.

What qualifies a purchase as a penny loot? The cost of anything mentioned in this blog includes the purchase price, tax, shipping and handling fee, if any. If a rebate is involved, the postage to mail it is part of the cost. If a coupon is bought and used in the deal, that figures into the total as well. And the total cost must be equal to or less than US$0.01. The item must also be procured from a source available to the public - "My aunt gave me a sweater" doesn't count.

Some costs are not included in the one cent total. Chief among them is the time and effort to hunt for and complete the deals. Gas and mileage is not counted if a trip to the store is required. Computer and office equipment amortization, paper and ink expenditures are all excluded.

As expected, quite a few of the items I bought came from China. Depending on your tastes and needs, some of the stuff may be considered totally worthless. But that is not the point of this exercise.

This blog also does not dwell on where and how the items were bought. I frequent a few deal sites for information that lead to some of the purchases. The various auction sites are also a treasure trove to explore. But I would rather devote the blog to present the results - the items I obtained for a penny or less, in no particular order.

Monday, February 21, 2011

Auction Watch

I have added an "Auction Watch" section on the right side of the blog.  It lists some of the ongoing or completed auctions that may end at a low selling price.  Often times, these sellers sell at a loss to build a reputation.  So if you win an item please be courteous and take a moment to leave honest feedback.

Another thing to be aware of is that many of these items are from China.  And it normally takes 1 to 3 weeks for them to get to the US.

Disclaimer: I am not related to any of the sellers in the list.  This is just a random collection of the auctions I ran into.  There is no attempt at completeness.  And accuracy is not guaranteed.  Updates are made only if my schedule allows.
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