Well, online auctions are nothing new. A large percentage of the internet population have come across online auction portals like eBay sometime in their life. A considerable percentage of them register and bid or list their products for sale. But how many of you have come across auction sites where the lowest but unique bidder wins? This is still an interesting and newer idea based on the some sort of modified “reverse auction” concept. I came across such a new auction site BassaBids.com which implements the same idea.

The site is new and still in beta, but looks impressive; currently running weekly ipod shuffle auction which is free to participate and win. Just registered at the site and placed a bid for the ipod but it wasn’t unique. After a few more tries, I was able to bid a unique yet low value. And yes, it seemed funny and I enjoyed doing participating in it. Some other auctions are also running for laptops, motorcycles, plasma TV and a car. So people who want to get access to goods very cheaply such as ipods, laptops, cars & motorbikes should try out BassaBids.com

The “lowest unique bidder” wins an auction. Its the person who has bid the lowest amount that no other person has bid. When two people place the same bid, that bid is no longer unique. When a person has a unique bid but there are others that are lower, then it’s not the lowest. To win any of BassaBids online auctions, you must be the one with the lowest & unique bid at the auction end - this clarifies the term “lowest unique bid” which determines the BassaBids auction winner. You can bid online currently and SMS bidding for selected countries will be available shortly as said by the website.

So, go ahead, try this online auction site and feel free to participate in the weekly free ipod shuffle auction while it lasts. Who knows, you may be the winner!