BidTech LLC Launches a Luxury Online Penny Auction is the world’s first true luxury online penny auction. Bid Tech LLC has launched the online auction with the stated purpose of providing access to high luxury goods for men and women across the United States. allows users to bid on items for as little as $0.01, and will feature auctions daily. There will be high end, high fashion items on auction every day which will include items like couture handbags from Chanel and Gucci.

There will be gift cards for luxury retailers like Neiman Marcus, Saks Fifth Avenue, and the Ritz Carlton. Gold Bullion, Rolex Watches are some of the other goodies that will be available on auction everyday. Edward Liva III, CEO of Bid Tech explained that fills a definite need in the market. It not only gives easy access to high value sought after luxury goods but also allows the opportunity to save up to 95% on costs.

A very convenient feature of the auction is ScoreLuxe Bid Butler, which enables them to set a target price point and have the system automatically bid on their behalf. provides users detailed information on effective bidding strategies, a number of opportunities to generate free bids on their user account, and features free shipping on all items won.

Via: PR Web

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