The anticipated Auction House debuted on May 16th 2009. Many people go to the auction house to sell their items in hopes they can get a higher price, or to find rare items.
How it Works
Now at the Auction House, you can access any item from your inventory, choose a duration (2 hour to 3 days), and finally the option of instant buyout (set a price for a player to skip bidding, and instantly buy the item).
Once you have made a bid, you cannot retract it!
The Auction House has set minimum bids for all items, based on the rarity of the item itself. The Set Minimum Bids are as follows; Common items start selling at 10 gold, Uncommon at 30, Rare at 80, Epic at 200 and Legendary at 350. This has been put in as a measure to combat inflation!
Our fee system is similar to eBay's. We have a starting fee that is charged whether or not your item sells, as soon as it is listed. This is 5 gold for Gold Members and 10 gold for regular members. At the end of the auction, a surcharge of the winning bid is deducted as a final value fee. 2% is for Gold Members and 12% for regular members.