Summetime II Auction August '19

Started by Reuggan, August 11, 2019, 11:32:11 am

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Reuggan

The next Auction will be taking place on Saturday 17th August at the regular time of 3pm Eastern.

Please scroll down to post two to see the full list of items in the sale.

Venue & auctioneer

The auction will take place at Gilfane Arena and I will be acting as auctioneer. The arena is located a little east of the Skara ferry in the central Gilfane area (see map). You can also get there via teleporters: the Gilfane teleporter at the Hub east of Umbra will bring you to the Citadel next door, and one directly to the Arena will be available from both the entrance of Vernia Market in New Magincia (the vendor house next to the flower garden) and the IPKU New Magincia hub.

The auction will be taking place on the top floor; follow the stairs up to the second floor then use one of the teleporters south of the fountain.

Auction staff will be wearing the Gilfane crimson and black colours.


Auction house rules

All those attending the sale are asked to be considerate to other participants and not do anything to disrupt or unnecessarily delay proceedings, especially pointless spamming of text and/or spells. Those engaging in aggressive, disorderly and/or suspicious behaviour are liable to be removed from the building by officials. In addition, the following prohibitions are in effect:

a) No hiding or stealthing within the arena building, unless authorized to do so or in self-defence.

b) No casting of spells in the arena building unless in self-defence or authorized to do so. Exceptions are minor beneficial spells such as night sight, provided these are not spammed. The opening of gates is specifically banned; please go outside to do this.

c) No pets are permitted in the building.

d) No sitting in the priority seating (the thrones) without authorization.

e) No entering the secure area (grassy part of the arena) without authorization (such as when purchasing winning bids).

Bidding

Bids can be made at the live event by calling out the amount that you wish to bid. In the case of two identical bids, the one accepted will be the first that appears in the auctioneer's journal.

The auctioneer will try and keep bidding at set levels in relation to the current bid price, but this is not set in stone. However, bids of odd amounts or only marginally above the current high bid may either be rejected or rounded down. The general bid levels are as follows:

up to 100k: increments of 10k
up to 200k: increments of 20k
200k - 500k: increments of 50k
500k - 1 million: increments of 100k
1 - 2 million: increments of 200k
2 - 5 million: increments of 500k
5 - 20 million: increments of 1 million
20 - 50 million: increments of 2 million
over 50 million: increments of 5 million

Winning bidders

Although encouraged to stay until the end of the auction, winning bidders may claim their items at any time by approaching an assistant cashier (NOT the auctioneer, please). You should then follow their instructions to get to the secure checkout area. Sales will be made via a trade with an Auction Staff member. They will initiate a trade window with your items and tell you the amount owed.

If you have to leave the auction unexpectedly and do not have time to claim your items, please at least inform an official. Failure to claim items or give notice may lead to them being offered to the underbidder instead.

Reserve Price

Many items in the sale will carry a reserve price. If bids do not meet or exceed this reserve price, the lot will go unsold. Even if no reserve has been specified, the auctioneer may, at his discretion, decline to sell a lot if he does not believe that a reasonable bid has been offered.

Commission bids

We encourage as many people as possible to try and attend the auction but if you are unable to do so, and do not have anyone who can act on your behalf, then it is possible to send in a bid in advance of the sale, known as a commission bid. The commission bid represents the maximum amount your are prepared to pay for the item, and the auctioneer will bid on your behalf up to this amount.

The following rules apply to commission bids:

a) To make a commission bid, PM/ICQ me with "Commission bid" as the title. Include the lot number and description of the item(s) you wish to bid on, together with the maximum amount you are prepared to pay.

b) If I do not know you, then please tell me who you are in-game. Commission bids may be limited or even rejected from complete strangers without some sort of security.

c) In the event of identical commission bids, the one received first will take priority.

d) Commission bids are held in strict confidence and will not be revealed to anyone other than the auctioneer. However, the identity of any winning bidders may be entered into the public record.

e) Successful bidders will be notified of any items that they win. Please try and make arrangements to collect the items within forty-eight hours of the end of the sale. Failure to make adequate communications with the auctioneer may result in the items being withdrawn and offered instead to the underbidder.

Official accounts & settlement

A record of sale prices will appear here after the auction.

Settlement with those who have sold lots will be made as soon as practicable.

Confidentiality & liability

All reserve prices, commission bids and other privileged information from buyers & sellers will be kept in confidence by the auctioneer except in the event of a new auctioneer having to be appointed due to illness or force majeure.

Final responsibility for items being sold, monies raised thereon and the conduct of the auction, lies with the auctioneer.

Submitting items for sale

If you have item(s) that you want to put into a future auction, please get in touch with me or drop them in the usual places if you are a regular.

2015 Auctions
April May June July August September October November December  

2016 Auctions
January February March April May June July August September October November December  

2017 Auctions
January February March April May June July August September October November December

2018 Auctions
January February March April May June October December

2019 Auctions
February March June

Reuggan

August 11, 2019, 11:34:53 am #1 Last Edit: August 18, 2019, 09:58:08 am by Reuggan
August '19 Auction Items

Lot #
1
+25 Stat Scroll 500k - Ol' Rac Nnod
2
Scroll of Valiant Commendation 500k - Ol' Rac Nnod
3
Totem of the Tribe 350k - Ibn Gabirol
4
Blessed Statue (Reagent Statue) 100k - Ol' Rac Nnod
5
A Bear Trophy 100k - Fogsbane
6
Scroll of Abraxus 250k - Magichands
7
32x Various Shadow Items 100k - Magichands
8
AOS Sandals and Skirt 300k - Pwnerdactyl
9
Shadow Dancer Leggings (cursed) 200k - Creeger
10
A Tunic (exceptional) (blessed) 260k - Bradhadair
11
60k Saltpeter 970k - Tizarium
12
4x Special Fishing Net (green) 10k - Mr. Sinister
13
40x Special Fishing Net (assorted colors) 200k - Mr. Sinister
14
Lighthouse (5th Year Vet Reward) 1M - Chargar
15
Sheep Statue (7th Year Vet Reward) 3M - Ibn Gabirol
16
2x Auction Safe (1st Year Vet Reward) 450k - Iron Spider
17
Executioner's Axe Deed 300k - Event Horizon
18
Lava Tile (bottom piece of lava falls) 1M - Event Horizon
19
Small Banana Tree 300k - Sarah
20
4x Dreadhorn Tainted Mushrooms 500k - Sarah
21
6X Snowy Scenes (Destard, Deceit, Heartwood, Luna, Zento, Palace of Paroxysmus) Lot Unsold
22
Lucky Charm 500k - Pwnerdactyl
23
Embroidered Oak Leaf Cloak 250k - Fogsbane
24
Tome of Lost Knowledge 1.5M - Event Horizon
25
Blessed Spellbook Lot Unsold
26
120 Wrestling Scroll 4M - Event Horizon
27
Mask of Khal Ankur 1.6M - Ibn Gabirol
28
3x Whips of Plundering (Barbed, Bladed, Spiked) 250k - Toshi
29
Platinum Dragon Statue (20th Anniversary Token) 210k - Bradhadair
30
2x Triton 1.5M - Event Horizon
31
Serpent's Jawbone 4.1M - Ibn Gabirol
32
Moonstone Crystal 3.5M - Toshi

Reuggan

August 18, 2019, 10:00:31 am #2 Last Edit: August 19, 2019, 01:37:22 pm by Reuggan
Results are updated. The next auction is tentatively scheduled for Oct 26. I will be looking to deliver gold and/or items to everyone this week.

Special thanks to all the auction staff, as always:

CharGar - porter
Sara Dale - scribe
Creeger - gatekeeper/security
Sarah, Orbeus the Snowman- cashier