Moloyo seems to be an awesome auction site. It's new, and therefore the only downfall I've seen as a bidder, is that there are few members on the site. There is a reserve on most items, but its pretty low from what I'm seeing. Items are sold by other users and not from one company, which is cool, because it's a win win if you're a bidder and seller. I won a Juicy Couture perfume for $5.40 today. Though others have won items for $. 70, coach items as well, etc. I would recommend this to anyone looking for a great deal, they seem to have a lot of gift cards and things that bidders are looking for at a deal, as they are sold by bidders. They're also pretty cool about their bids, Black Friday deals and such. So, check it out - Moloyo.com.