![Penny auction (foreclosure) The term arose during the foreclosure of farms during the Great Depression in the United States: neighbors would gather in large numbers at the auction and place bids of only a few pennies, while intimidating anyone who attempted to bid competitively.[¹] In the end, the bank that owned the farm would get whatever was bid and the neighbors would return the farm and its contents to the farmer. [2] No! You can't just buy back your farm for only a few pennies! Some else place a bid! 50 cents for my farm back *silence*](https://i.kym-cdn.com/photos/images/original/002/760/952/eaa.jpeg "Great depression farmers were based | History Memes")
Great depression farmers were based | History Memes
Uploaded by Reddit Moments Feb 21, 2024 at 05:00PM EST
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Uploaded by Reddit Moments Feb 21, 2024 at 05:00PM EST
Origin Entry: History Memes
File type: jpg
Resolution: (1084px x 1079px)
File size: 97.5 KB
![THE SULTAN HIS BROTHER [adultswim.com] HIS BROTHER THE SULTAN imgflip.com](https://i.kym-cdn.com/photos/images/newsfeed/002/760/667/036.jpeg "Ottoman politics summarized | History Memes")
