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Auctionhouse

Auction House

History

Private investors are responsible for the establishment of the auction houses. These centers of commerce exist in the heart of each nation, and are truly vital for adventurers. The main purpose of the auction house system is to provide a means of circulating goods required for successful adventuring. This system works on the principle of awarding goods put up on auction to the highest bidder.

It is said that the lack of readily available supplies after the Great War is what gave rise to Jeuno's black market. However, with increasing numbers of adventures, the auction house business prospered--and new auction houses sprung up everywhere as each country sought to gain a piece of the profits. With the addition of delivery services and a revolutionary style of management utilizing linkpearls (allowing business to be conducted in remote areas such as Kazham), the auction houses have truly become a convenient form of trading.

The windows of the auction houses are constructed in such a way that the staff are not visible to the customers. This is a security measure for the safety of the employees, and a deterrent to thieves.

See also Bazaar for an Auction House alternative.

Locations

There are four separate Auction House systems in Vana'diel, with one associated to each of the the 4 major cities (Bastok, San d'Oria, Windurst and Jeuno). These Auction House systems can be accessed from the following locations:

Auction House System Access Zones Location
Bastok Bastok Mines Auction Counters at (H-8)
Bastok Markets Auction Counters at (E-8)
Norg Atrevaux at (G-6)
Zoldba at (G-6)
Gofufu at (G-6)
Agatsum at (G-6)
San d'Oria Southern San d'Oria Auction Counters at (I-9)
Port San d'Oria Auction Counters at (H-10)
Rabao Cavalgrinne at (K-7)
Hyesun at (J-7)
Smiling Rat at (K-7)
Windurst Windurst Woods Auction Counters at (K-12)
Windurst Walls Auction Counters at (I-11)
Kazham Cha Chalco at (D-8)
Cophi Ricuub at (E-7)
Sulo Mouzho at (D-7)
Jeuno Lower Jeuno Auction Counters at (I-7)
Ru'lude Gardens Auction Counters at (F-8)
Port Jeuno Basmus at (H-8)
Kouang at (I-8)
Rilve-Hitolve at (I-8)
Sapladrepoin at (I-8)
Upper Jeuno Indika at (H-7)
Shama Pikholo at (G-9)
Ulesa at (H-7)
Wise Wolf at (G-9)
Aht Urhgan Whitegate Auction Counters at (E-6)
Al Zahbi Sojan-Tamjan at (G-11)
Yando-Memondo at (H-11)
Goyuyu at (H-11)
Nashmau Momoroon at (G-6)
Pupuroon at (H-9)
Tavnazian Safehold Eliot at (F-10)
Ferocious Artisan at (F-10)
Senvaleget at (F-10)

How to Use

The Auction House principle is pretty simple; you set up an item and specify a MINIMUM price you want for the item before it sells (asking price). It is always the item with the lowest asking price that will sell first. In the event of two or more sellers having items up with the same asking price, the one who was put up first will sell first. This encourages a competitive market, though wether or not it works as intended is a hotly debated subject.

There is a transaction fee for items put up on auction which is based on the seller's asking price. The formulas for calculating the transaction fee are listed below.

Jeuno Auction Houses
Single item fee = 2% of the seller's asking price +100 gil.
Stacked item fee = 1% of the seller's asking price +400 gil.
Other Auction Houses
Single item fee = 1% of the seller's asking price +1 gil.
Stacked item fee = 0.5% of the seller's asking price +4 gil.

Note: The Jeuno linked Auction House in Al Zahbi actually uses the Other Auction House transaction fees instead of the higher priced fees found at most Jeuno Auction Houses. You may want to keep this is mind, especially when listing higher priced items.

Categories

The Auction House (AH) is divided into a number of sections to make finding the item you're searching for easier. When you target the Auction House and open a "dialogue" with the auctioneer you will be able to navigate to different sections via the menus:

Bid
Sell
Sales Status

It is in the Bid category that you can spend a good deal of time just browsing around. There are a number of different items and goods that you can purchase here.

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