Two British 2 pence coins (below) and a 5 penc...
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More for fun than anything else, I’ll be having the occasional reverse auction on the site, in an attempt to sell off a domain name from my portfolio.

You might be asking yourself, “What’s a reverse domain auction”?

Auction is probably the wrong word, but as that’s what this type of promotion is called by everyone else, I’ll stick with the term “reverse auction.”

It’s actually a competition or game, where participants have to guess the lowest unique bid placed in the auction.

In order to have the lowest unique bid, your bid has to be both the lowest bid and one that nobody else has guessed.

It’s harder than it sounds.

For example, if you bid 1 penny, that will obviously be the lowest bid, since it’s the minimum bid anyone can make.

But, if someone else comes along and also places a bid for a penny, your bid will no longer be unique and so cannot win.

So, you might 10 pence. If all the other bids, 1, 2, 3, 4, 5,6, 7 and 8 have all received more than one bid and your bid of 10p is the lowest and nobody else has placed a 10p bid at the end of the auction, then you’ve just won the domain name.

Imagine getting a domain name for 10p.

Well, its actually better than that, because I don’t ask you to pay the amount bid.

Everyone’s entry fees pay for the domain, but there can only be one winner.

If you’re intrigued, please take a look at the domain reverse auction page.

The system will show you when the next domain reverse auction will be taking place – if indeed there’s one scheduled – as I mentioned at the top of the page, they will only be offered rarely.

To be notified of the next one, simply register and I’ll email you the details nearer the date of the reverse auction.

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