+5
American music
Uploaded by mnemeros Apr 28, 2022 at 02:01PM EDT
Origin Entry: History Memes
File type: png
Resolution: (907px x 357px)
File size: 417 KB
More:
![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/list/002/760/952/eaa.jpeg "Great depression farmers were based | History Memes")
Comments (0)
Add a Comment
Image Details
823 views (8 from today)
Uploaded Apr 28, 2022 at 02:01PM EDT
Origin Entry
Source
About the Uploader
mnemeros
Scrapbooker & Media Bus Boy
There are no comments currently available.
Display Comments