Newcomer Announces July 25 Launch, Aims NOT to Be Biggest Penny Auction Site Just The Most Profitable for Its Users

BidWealth.com To Provide Access To Pure Gold and Silver at Over 90% Off Market Value End Quote

Pure Gold or Silver ... whether your in Peoria IL, or Outer Madagascar, its WORTH its market value, unlike STUFF.

(1888PressRelease) July 20, 2011 - Seasoned penny auction participants rave about the products and the prices that they have been able to secure on penny auction sites. On July 25, they will have more to rave about, as a highly anticipated penny auction site will be joining the industry-offering member's access to Pure Gold and Silver at over 90% below market price. Veteran retail and marketing partners will open the online doors to BidWealth.com, providing yet another forum for value hunters to call their own.

The products that one can find from a traditional online auction or an online store are representative of what one could expect to find in most penny auctions. With BidWealth.com 100%, Pure Gold and Silver are what will be up for grabs. The difference with Penny Auctions is in the approach, and the potential for massive savings. The approach is not only fun and action packed but also tailored to eliminate tire kickers and those who would, out of mischief, drive up auction prices just because they can and face no repercussion for doing so. In a penny auction, a bid costs credits taken from bid packs, so any bid is certified to be a legitimate bid, and of course, competition to be dealt with.

The savings are perhaps what drive most penny auction participants into the bidding action. With each bid, a participant will alter the take home price, and extend the bid end time to give others an opportunity to answer. Sniping, a technique loathed in the traditional online auction marketplace, will not work in penny auctions because the act of placing a bid extends the bidding end time. Last second bids are a thing of the past. Despite the fast and furious action taking place during penny auctions, the results are tangible and the savings substantial. Often, highly prized items, particularly electronic products and now Gold and Silver are won at a total take home price that is much better than any special offer available elsewhere. "We understand that a lot of the participants in penny auctions are re-selling the items for a profit," Adam Kanter media consultant for BidWealth.com stated. "The problem they run into with PRODUCTS is, let's say you score a $1000.00 flat screen or $500.00 iPad, you CAN'T compete with Wal-Mart and Best Buy, you are not going to sell it for NEAR retail. Gold and Silver have a TRUE VALUE. $1000.00 in Pure Gold or Silver is WORTH $1000.00 whether you're in Peoria IL, or Outer Madagascar, it's WORTH its market value, unlike STUFF."

"We are nearing our launch date, and the anticipation has been mounting ever since we announced that we were going live. The participation in our pre launch festivities has been overwhelming to say the least, and we look forward to a successful opening, as we strive to provide all the requisite services in our quest to be the most profitable penny auction site for our users," said Adam of BidWealth.com.

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BidWealth.com is poised to launch on July 25 2011, and when it opens its doors, it will auction off loads of coveted Pure Gold and Silver.

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