ONE CENT AUCTIONS

Monday

First Item Sold

Story came around that eBay was put up to help Omidyar's fiancee, Pam Wesley sell PEZ candy dispensers. It was later reported to be a PR stunt to give a human emotional interest story to the beginnings of eBay. But just the same, the company recognizes the myth as its headquarters has a wall display filled with homage to Pez dispensers.

To test the waters, Omidyar sold the very first item online, his very own broken laser pointer. To his amazement, a bidding materialized, and the item was sold for $13.83. A few years later, Omidyar's AuctionWeb took off and revolutionized active online trading site for sellers and bidders of ordinary, rare, or valuable collectibles, computers, vehicles, equipment, appliances and other items.

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