![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 final buyer would then return the 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 final buyer would then return the](https://preview.redd.it/nnsjfrkxdeqz.jpg?auto=webp&s=9ed212c5fe76106a7f3bb2497f69042430995238)
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 final buyer would then return the
![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 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](https://imageproxy.ifunny.co/crop:x-20,resize:640x,quality:90x75/images/24200199915c582b314d28e9d84566973133e8f1b01e24206c746f0121cd4fe3_1.jpg)
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
![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 final buyer would then return the 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 final buyer would then return the](https://i.redd.it/jm8gyccp54e91.jpg)
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 final buyer would then return the
![Farmers “arrest” the sheriff who was attempting to evict a woman from her farm on behalf of an insurance company. Michigan, 1952. : r/Damnthatsinteresting Farmers “arrest” the sheriff who was attempting to evict a woman from her farm on behalf of an insurance company. Michigan, 1952. : r/Damnthatsinteresting](https://preview.redd.it/farmers-arrest-the-sheriff-who-was-attempting-to-evict-a-v0-lqbpcncgpuz81.jpg?auto=webp&s=4107f9e96f8532d4ba04618d84457e250d15cee3)