First of all what is the meaning of a dime public auction site? The general concept of a cent public auction is where you as the prospective buyer, register as well as acquire quotes to position a tiny incremental fee to see if you can win that thing. A bulk of dime auctions have the snooze you lose way of thinking, if you don’t win the public auction you shed all the quotes you bought in addition to it, however if you win you generally conserve substantial quantities of money at the same time. So as you can see there is a significant advantage to taking part in a penny auction, along with some major disadvantages.