Auction

The Auction is place where players offer items for sale over a short term bidding process for the nominal fee of 100 gold and 1% of the sale price. Providing no one bids an auction will last approx 1 minute. Auctioning is sometimes used for other purpose besides buying and selling like bragging item stats or quickly transfering gold and items between characters.

Syntax

 * auction
 * auction -auto
 * auction -silent

How to auction
Type. It is important to get this exactly right as typing it incorrectly will cause a message to be sent to the auction channel. The item name must be one word and the amount is the number of gold to start the auction at.

Common goofs
Some common goofs when auctioning are:- Using the force flag to force a placing when it can only be used for bidding e.g., not spelling the word auction in full e.g. , using the word gold after the ammount e.g. and using more than one word for the item name e.g.

Making gold from auction
Consistently making large amounts of gold from auction can be tricky and comes with experience. Prices tend to be erratic and if an item makes any serious kind of gold it is often run to death, so depreciates quickly. It is a good idea to keep the auction channel on all the time to build up a mental picture of what's selling and generally how much for. If you are serious about auctioning you will also take notice of the userload statistics. The success and failure of a listing often depends on who is paying attention to the auction at the time

Mobs on auction
Two mobs sometimes bid on auction Little Washu for 1 gold and Brandon for 25 gold.

Buying to invest
Sometime players will buy something that they consider to be too cheap and sell at a later time to make a profit.

Compared to shops
Auctioned items can sometimes be cheaper than in player shops, this may partly be because shops have overheads and have to pay rent, also only a small percentage of the player base own and run shops where as everyone on the mud can auction items at the nominal fee of 100 gold.

Chating on auction
Auction has it's own channel where players can talk and discuss item related topics as well as request items to buy and sell. The abbreviation stands for would like to buy and the abbreviation stands for would like to sell.

Tensors
Tensors are a popular item on auction and players will often request them, they usually sell for a hundred or so gold.

Excluded items
Some items like soulstones and binding objects can't be auctioned.