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Rares Fest Rares Jubilee 4 - Voyage To Smuggler's Cove Silent Auction Information Mega Thread

Discussion in 'UO Rares Collector' started by Olcher, May 24, 2019.

  1. Olcher

    Olcher Crazed Zealot
    Stratics Veteran

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    Hello and welcome to the Silent Auction at the Rares Jubilee 4 - Voyage To Smuggler's Cove

    To ensure success as either a seller or buyer please read this entire post thoroughly!
    (these rules are the same as last year so if you are familiar with them no need to read)

    LOCATION
    location.png
    The Silent Auction houses are behind the vendor houses.
    1 = Silent Auction House 1
    2 = Silent Auction House 2


    TIMELINE

    June 2rd @ 6pm EST – Silent Auction Item Submissions Open
    June 6th @ 6pm EST– Silent Auction Item Submissions End
    June 6th @ 8pm EST– Silent Auctions Go Public For Buy It Now Options
    June 8th @ 8pm EST– Silent Auction 1 Ends
    June 8th @ 10pm EST – Silent Auction 2 Ends


    INSTRUCTIONS FOR BIDDERS

    • 10 minute rule in effect for both houses
    • 1 million gold increment minimum for bids under 1 plat
    • 10 million gold increment minimum for bids equal to or over 1 plat
    • Staff judgment
    • All bidders must be verified
    • Bid early and bid often!
    What is the 10 minute rule?
    I'm glad you asked! There will be a 10 minute cool down period starting with the last bid placed on items during the last 10 minutes, this means the cool down period begins 10 minutes prior to auction ending. Players can choose to continue bidding past the end of auction on any item, but only items that received bids during the last 10 minute period, and continue to receive bids within 10 minute period will be counted. Bidding will continue until no more bids have been received for a full 10 minutes. Anyone can bid during this cool down period, even players who have not previously bid on the item.

    Minimum bids?
    In order to prevent long, drawn out bidding wars the minimum bid for bids under 1 plat is 1 million gold and for bids equal to or greater than 1 plat the minimum bid is 10 million. Furthermore, to keep the staff sane, please keep bids to bids to even, whole integer values. This means no fractions, no decimals, or 100k increments. Bids that are not integer million values may be voided.

    Staff Judgment
    If there are any disputes with active bidding please contact a staff member as soon as possible. If an item has finished bidding and there are disputes regarding bidding the staff will make a final decision on the outcome.

    How to get Verified
    If the staff does not recognize your bid, we will attempt to contact you for a background check to verify you are a legitimate bidder and not a troll bidder. If we decide you are trolling, we will ban you from the auction houses through the bulletin boards. If you are not trolling, you will need someone we know to vouch for you.

    How to Receive Winnings
    Gold will only be accepted on Atlantic. Buyers must pay for winnings within 3 days.

    Bid Early and Bid Often
    Due to discrepancies with in-game and real time it is highly suggested that you do not wait until the last second to place your bid.


    INSTRUCTIONS FOR SELLERS
    All submissions must be made to @Olcher in game OR placed in the mailboxes on the steps of the Silent Auction houses. To arrange a meet up, please ICQ 1598439 for the fastest service. I can be identified by the Rares Jubilee 2019 lantern:
    olcher.png

    Mailboxes:
    upload_2019-6-2_18-41-6.png


    Rules for item submissions:
    • All submissions must be submitted by the deadline. No exceptions. Please see the timeline above.
    • Items that are currently obtainable or better off placed on vendors will not be accepted.
      • Multiple items may be included in one 'lot' for bidding. This can include several vendor value items that combine to make a lot of items worth more than a vendor price (175m).
      • We might make our own minor exceptions at our own discretion.
    • In the event we are given two or more of the same items the one with lower buyout and/or reserve will be displayed for auction first.
    • In the event that there are more submissions than lots available in the auction houses, sellers with fewer submissions may receive priority.
    • Once the houses have opened to the public item submissions will be bound to the sales terms outlined in the corresponding book and are at the will of the auction process.
    All items must be in a container with a book similar to below for EACH item:
    SAbook.png

    The book MUST contain any of the following applicable forms of identification:
    • Your prominent in-game name
    • Stratics Name
    • UO Forums Name
    • ICQ Number
    The book MUST also contain:
    • The name of the item.
    • Optional reserve. If no reserve is set the highest bid will win.
    • Optional buyout. A fair and tempting buyout is recommended.
    • Optional title, see below.
    Please triple check this information is correct before any books are submitted. Once submitted, this information cannot be changed.

    The books will not be open to the public and only title of the book will be visible to buyers. You may use this space to display any pertinent information of the item. I recommend at least having the season, server and quantity, for example: S14 Atlantic 1/30 but you may also include your name, ICQ, or anything else you think will help or attract potential bidders.
    Protip: using the Enhanced Client allows for longer book titles.

    How to get Paid/Receive Unsold Items

    Sellers will be paid as time permits after payment has been received for the item(s). If multiple items have been sold please expect a longer wait to get paid. Please have patience with the staff. There is no fee for selling items at the Rares Jubilee silent auction houses.

    QUESTIONS?
    ICQ Olcher @ 1598439
     

    Attached Files:

    #1 Olcher, May 24, 2019
    Last edited: Jun 5, 2019
    THP, Mariah UO, Smoot and 5 others like this.
  2. Olcher

    Olcher Crazed Zealot
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    Some results...
    99 item lots in both houses, 198 total.
    Total Items Displayed: 203, 5 bought at buyout early enough to be replaced.
    Total Items Sold: 77, 37.9%
    Total Gold: 34,658m
    Average Price Per Sold Item: 450.1m

    Compared to 2018 Rares Jubilee Results:
    +2.8p more total gold
    -5 items sold
     
    #2 Olcher, May 24, 2019
    Last edited: Jun 16, 2019
    Nails Warstein likes this.
  3. Maximus Neximus

    Maximus Neximus Slightly Crazed
    Governor Stratics Veteran Stratics Legend 4H

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    @Olcher In your example, you suggested including the item's info in this format: S14 Atlantic 1/30

    Is there an updated list of item drop counts since the thread below hasn't been updated in nearly two years?

    SEASON 15 - 2017 EVENT ITEM LIST - NEW
     
  4. Olcher

    Olcher Crazed Zealot
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    Yes! The curators of the Stratics wiki seem to do a great job keeping it up to date. For example, a list of Atlantic rares can be seen here. Similarly other shards have their own list or you can just search partial keywords for specific items.

    Also, it's optional and not necessary if you don't want to!
     
    Maximus Neximus likes this.
  5. Smoot

    Smoot Stratics Legend
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    submissions start tomorrow, get your items in :)
     
  6. Olcher

    Olcher Crazed Zealot
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    Submissions closed. Houses are public!
     
  7. TheGrimReefer

    TheGrimReefer Certifiable
    Stratics Veteran Stratics Legend

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    Got to love it when sellers dont like the price their auction is at so they use an alt to jack up the price at last minute.
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
     
    #7 TheGrimReefer, Jun 9, 2019
    Last edited: Jun 9, 2019
  8. Olcher

    Olcher Crazed Zealot
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    Thank you all that have participated in the silent auction. I have distributed a bunch of winnings and sadly Olcher has to sleep. I will resume operations tomorrow. Thank you all for your patience.