GSF Auction May '16

[Hoffs]

The next GSF auction will be taking place on Saturday 7th May at 3pm Eastern and the star lot this time is a piece of a rare substance on Siege that the alchemists are calling soap. Sounds nasty...

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.

Commission

As this GSF auction is not in support of any particular cause, the auction house is not deducting any commission on sales.

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 vendor.

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 items that you would like to have included in future sales, please contact me via either PM or ICQ [193-165-018].

2015 Auctions

April

May

June

July

August

September

October

November

December

2016 Auctions

January

February

March

April

[Hoffs]

GSF May '16 Auction Items

Lot #
1	+25 stat scroll  600k - Dr Alzheimer
2	Night Eyes  300k - commission bidder
3	Legacy token  6m - Joline Maza
4	Miners' guild sign  200k - Malloc
5	Shipwrights' guild sign  200k - Fogsbane
6	50 x Small decorative hedge  60k - Malloc
7	White leather dye tub  100k - Who Dat
8	White cloth dye tub  220k - Synbad
9	Runebook dye tub (4th year veteran reward)  300k - Synbad
10	Lighthouse (5th year veteran reward)  3m - Sara Dale
11	Mana phasing orb [SR/HCI/LRC], 255 durability  200k - Joline Maza
12	Mana phasing orb [SR/DCI/DI], 255 durability  750k - Who Dat
13	Mana phasing orb [SR/HCI/SDI], 255 durability  200k - Joline Maza
14	2 x Essence of a nascent time gate  unsold - no bids
15	Torture Rack South deed  *** FEATURED LOT ***  500k - Sarah
16	Giant Steps  200k - commission bidder
17	Broadsword plaque  150k - Kuzan
18	Tome of Lost Knowledge (blessed Tokuno major)  2.5m - Joline Maza
19	Hunter's Headdress (non-cursed)  500k - Kheloth
20	Your choice of one Veteran Reward up to (and including) fifteenth-year  *** FEATURED LOT ***  8m - commission bidder
21	Golden Easter Goose  50k - Reuggan
22	Grizzled Mare statuette  3.5m - Dyno
23	Fey Leggins (human version)  unsold - no bids
24	2 x Quiver of Infinity  1.25m - Malloc
25	Field of Blades (rare, animated Corgul drop)  *** FEATURED LOT ***  3m - Becca
26	2 x Heritage token  1.25m - Malloc
27	Turtle fountain (Valley Of One quest reward)  450k - Synbad
28	Set of the six Eadon stealables  2m - Sarah
29	Bleue (mage) luck set (ring & bracelet)  1.5m - Dyno
30	Leurocian's Mempo of Fortune  *** FEATURED LOT ***  9.5m - Dyno
31	Tiger statue (Valley Of One quest reward)  800k - Fogsbane
32	7 x Ship's strongbox  600k - commission bidder
33	Dread Spider statuette  unsold - reserve not met
34	Soap  *** FEATURED LOT ***  3m - Becca

[Hoffs]

Don't forget to PM me your commission bids if you are not going to be there.

[Sarah]

I will be SAT Testing today. Sorry I can't help. Will try to make it if i get home in time.  Have Fun!

[Hoffs]

The listing has been updated with the winning bidders and prices.

Thanks as ever to all those participating and to the auction staff:

Becca - porter
Boolean, Susie - security
Sara Dale - scribe
Reuggan, Sarah - cashiers

The next auction is provisionally scheduled for Sunday 12th June. If you would like to have anything included you can contact me at any time.