We came across a new auction site www.americanauctionsite.com that is up and coming in the online auction industry. It offers free registration for both buyers and sellers. Purchases incur no fee and even though sellers will incur fees their fee chart is dramatically reduced compared to the most popular online auction site eBay.

Signing up was relatively painless so I will browse around a bit and post more at a later date with more details on how easy it is to use and some ideas of how to use this site to your best benefit.

I would like to point out that new and growing auction sites offer a great deal of benefit to anyone looking to find a good deal. Less competition than the big sites means more opportunity for those who like to swoop in and get a great bargain.

Here is an example of a potentially good opportunity this site has an auction I will be watching closely for a PS3 that is used but still a great bargain with a bid start of $.01. See the auction here

A couple more auctions that have potential to be great steals are listed below.

Wii System w/Wii Sports

Windows XP Professional