GSF Auction January '16

[Hoffs]

The next GSF auction will be taking place on Saturday 9th January at 3pm Eastern and the featured lots this time include a rare bane dragon, a pair of mining carts, a set of the Cards of Semidar and a set of Eodon stealables.

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

[Hoffs]

GSF January '16 Auction Items

Lot #
1	+25 stat scroll  Lot unsold - reserve not met
2	Heritage token  700k - Troop
3	Swords of Prosperity  Lot unsold - reserve not met
4	Executioner's Axe deed  150k - Mish
5	An Icy Patch (Holiday 2008)  100k - Troop
6	Hephaestus (antique version)  200k - Becca
7	Chest of Sending  100k - Mr Sinister
8	Deed for 60k grave dust  500k - Malloc
9	Banner of Yew  350k - Mish
10	Primer on chivalry mastery â€" volume 3  Lot unsold - no bids
11	6 x Gold metal/strong box [3 with 25 storage, 3 with 125]  300k - Tina Tink
12	2 x Ladder deed  800k - commission bidder
13	Valor banner  1m - Becca
14	White cloth dye tub  300k - Tina Tink
15	100 of each of the eleven imbuing essences & abyssal cloth  *** FEATURED LOT ***  8.5m - Mr Sinister
16	Mana phasing orb [MR/HCI/LRC[, 75 durability  350k - Cypher
17	Mana phasing orb [SR/DCI/LRC], 255 durability  300k - Troop
18	Mana phasing orb [HPR/DCI/SDI], 255 durability  600k - Becca
19	Deed for 60k arrows  400k - Tina Tink
20	Conjurer's Grimoire  *** FEATURED LOT ***  9m - commission bidder
21	Tree stump decoration (7th year veteran reward)  8.5m - CharGar
22	46 x Ingenious (level 6) treasure maps [39 x Fel, 5 x Ilsh, 1 x Tok, 1 x Ter]  1.5m - Reuggan
23	Shadow token  300k - Troop
24	2 x Mining cart (10th year veteran reward)  *** FEATURED LOT ***  13.5m - Sarah
25	Fighters and Warriors guild signs  600k - commission bidder
26	Shipwright and Seaman guild signs  600k - commission bidder
27	Skull Rug (10th year veteran reward)  5.5m - Famine
28	4 x Card of Semidar [on display at Vernia Market, New Mag]  *** FEATURED LOT ***  1m - Famine
29	Rideable Polar Bear statuette (9th year vet reward)  5m - commission bidder
30	2 x Academic bookcase  800k - Troop
31	Sheep statue (7th year veteran reward)  7.5m - Sarah
32	Set of the six Eadon stealables  *** FEATURED LOT ***  7.5m - Sarah
33	Lava tile   500k - Famine
34	Blessed fire AoS boots from Grim Necromancer Jarlaxle  Lot unsold - no bids
35	Bane Dragon & 20 x blackrock stew  *** FEATURED LOT ***  13m - Malloc
36	Gift box miscellany (contains fifteen items)  2.5m - Malloc

[CharGar]

Is the icy patch the round version or the normal version?

[Hoffs]

Is the icy patch the round version or the normal version?

Erm, well I wouldn't descibe it as round. I didn't realise there was more than one type of this.

[CharGar]

The round type is the rare version.

[LennyM95]

The one on the right is the rare version.

[Hoffs]

The round type is the rare version.

Ok, so it's the normal one then.

[Hoffs]

Don't forget to send in a commission bid if you can't attend.

[broadway joe]

is it too late for me to add a lerocian's mempo? 

never used.

[Hoffs]

is it too late for me to add a lerocian's mempo? 

never used.

The deadline for entries was nine days ago but you are welcome to add it to the February sale.

[Hoffs]

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

The usual thanks to all those participating and to the auction staff:

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

The next auction is provisionally scheduled for March 6th. If you would like to have anything included you can contact me at any time. Deadline is generally around ten days before the actual sale, or once the maximum fifty slots are filled.

[Reuggan]

The next auction is provisionally scheduled for February 7th. If you would like to have anything included you can contact me at any time. Deadline is generally around ten days before the actual sale, or once the maximum fifty slots are filled.

*cough* Super Bowl Sunday *cough*

Not that I care, my team isn't in it, but I usually go to a friends' place to eat horribly unhealthy food and drown my sorrows. 

[Natalia]

SuperBowl Sunday, a good many Americans will be watching the SuperBowl.

[Hoffs]

Ah, okay. So it will be either the Saturday or the following week then. Hmm...

[Hoffs]

Okay, so it will be Feb 14th then.