GSF Auction October '15

[Hoffs]

The next GSF auction will be taking place on Saturday, 3rd October at 3pm Eastern and the featured lots this time include a Magical Lockbox, a Dolphin Rug, some Big Majik flippers and a castle mini-house deed. But there is no doubt that the star attraction this month is a full-size castle in a choice of two locations.

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
over 5 million: increments of 1 million
over 30 million: increments of 2 million
over 60 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

[Hoffs]

GSF October '15 Auction Items

Lot #
1	2 x Heritage tokens  1.5m - Arctic Fox
2	Legacy token  5m - Malloc
3	2 x Race change token  1m - Sam
4	Crystal token  450k - Cassandra
5	+25 stat scroll  2m - Freja
6	3 x Vermin slayer talismans  500k - Gu'jek
7	Eleven assorted coloured fishing nets  125k - Cassandra
8	Complete set of nine Virtue tile deeds  1m - Freja
9	Refinement amalgamator  70k - Arctic Fox
10	Tome of Lost Knowledge (blessed Tokuno major)  2.75m - Arctic Fox
11	3 x Protector of the Battle Mage tunics  600k - Ari Elvenking
12	120 magery power scroll  6m - Arctic Fox
13	5 x Forged pardons  300k - Freja
14	Planesword and Planeshield set  500k - Ari Elvenking
15	Small banana tree (from Primeval Lich)  600k - commission bidder
16	38 x Tall decorative hedges  100k - Grandma
17	Mark of Travesty (swords/tactics)  5m - Gu'jek
18	5 x Hitching ropes  500k - Freja
19	A ferret imprisoned in crystal (Shimmering Effusion uncommon drop)  800k - Ari Elvenking
20	Ice Island or Trinsic Swamp castle *See reply #2*  *** FEATURED LOT ***  120m - Cassandra
21	8 x ToT minor pigments [Burnt Brown (1 use), Deep Brown (3), Fresh Plum (2), Light Green (1), Noble Gold (2), Pale Blue (1), Pale Orange (1), Silver (3)]  Lot unsold - reserve not met
22	Holiday 2011 gift ticket  550k - Hugibear
23	4 x Blocks and tackle (SA rarity 9 stealable)  250k - Reuggan
24	Cursed Tome (red) (2008 event item)  500k - Hugibear
25	Dolphin Rug (10th year veteran reward)  *** FEATURED LOT ***  7.5m - Arctic Fox
26	Pumpkin scarecrow and two small webs  75k - Thoth
27	Mesanna's head on a spike  3m - Synbad
28	Four carvable pumpkins & four carving kits  Lot unsold - no bidders
29	5.0 Begging SoT  500k - Arctic Fox
30	Halloween 2014 skull set (Crystal/Jade/Obsidian)  1.6m - Freja
31	Big Magik Flippers [turns wearer into orc; can be blessed with CBD]  *** FEATURED LOT ***  Lot unsold - reserve not met
32	Crimson Cincture  2m - Beli Mawr
33	Potted tree [December '99]  700k - Synbad
34	Replica of a Mysterious Pedestal  1m - Freja
35	Glowing Mani Rune (from Primeval Lich)  *** FEATURED LOT ***  2m - Igg
36	Your choice of one Veteran Reward up to (and including) fifteenth-year  11m - Malloc
37	Fire cloak (5th year Veteran Reward) â€" can be exchanged for different Fire item  2m - Synbad
38	Valorite robe and cloak (3rd year Veteran Reward) â€" can be exchanged for different Valorite items  3m - Malloc
39	Blessed event spellbook (DCI - 6, SDI - 25, FCR - 2, LMC - 4)  6m - commission bidder
40	Fire Orange dye (original Treasures of Tokuno major) [43 charges]  *** FEATURED LOT ***  Lot unsold - reserve not met
41	Ship ammo collection (250 each fuse cord, heavy powder, heavy grapeshot; 10 each ramrod & swab, 20 matches)  140k - commission bidder
42	2 x Tangles  4m - commission bidder
43	2 x Academic bookcase  800k - Sarah
44	A castle mini-house deed  *** FEATURED LOT ***  16m - Ari Elvenking
45	House Teleportation Tiles (12th year vet reward)  9m - Synbad
46	Display case (east) deed (13th/14th anniversary item)  350k - Grandma
47	Ten assorted light grey stone pavers  6m - commission bidder
48	Three rubble rocks in different colours  500k - Igg
49	Choice of one non-premium Lady Mel hair dye (anything but Blaze/Gold/Glacial/Luna White)  4.5m - Holden Caulfield
50	A Magical Lockbox  *** FEATURED LOT ***  18m - Becca

[Hoffs]

With the castle, I had originally planned it to be the final lot of the sale for obvious reasons. But then it occurred to me that it might seriously suppress the bidding on other items. Consequently, it has now been moved to lot #20, before any of the other featured lots or major items.

Please note that whilst I do not normally take conditional commission bids (e.g. "I will bid up to 2m on Lot #74 if I don't win lot #65"), with the castle I will make an exception (e.g. "I will bid up to 5m on lot #52 if I don't win the castle").

Also, the following payment terms are being used:

At the end of the auction, the winning bidder (unless they are able to purchase straight away) will be required to make an immediate down payment of 10m to the auction house. They will then be given up to two weeks to obtain the balance and complete the sale with the vendor. Failure to finalize the trade on time will result in forfeiture of the deposit, and the underbidder will then be invited to obtain the property by paying the balance owed. The down payment will be passed on to the vendor upon completion, or returned to the buyer if for any reason the sale does not go ahead through no fault of their own.

[Hoffs]

Auction starts today at 3pm Eastern.

[Hoffs]

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

Thanks again to all those participating and to the auction staff:

Becca - porter
CharGar, Sarah - cashiers
Sara Dale - scribe
Boolean - security

Where possible, auctions are being held on the first weekend of the month alternating between a Saturday and Sunday. Normal start time is 3pm Eastern. If you would like to have anything included in this sale you can contact me at any time. Deadline is generally around ten days before the actual sale.

[Wolfman]

I would buy the Big Majik Flippers for the reserve+ if the seller still wants to sell them!