George Bumgardner on Gab: " Penny auction at foreclosed Michigan farm (1936). At penny auctions farmers would conspire to offer low bids, resulting in a low return to the creditor. The fi..."

George Bumgardner on Gab: " Penny auction at foreclosed Michigan farm (1936). At penny auctions farmers would conspire to offer low bids, resulting in a low return to the creditor. The fi..."