Last edited Thu Jun 7, 2012, 03:03 PM - Edit history (2)
Tonight, I start off with the last big bowl of some great Pink Grapefruit I picked up last week. It is topped off with a sprinkling of wax hash... The whole thing together is extremely mild through the bong and you end up with an amazingly relaxed that needs a little time to settle into before I bo into the frenzy of D3 game play so... I'm going to explore the Gold Auction House for the first time and thought I'd walk you through what happens... What could possibly go wrong 
From the main menu, I select the Auction House button and am brought to a very confusing screen... Lots of crap going on here... Lets see... OK, I find a 'Sell' tab at the top and go there (I have the crappy item I want to sell in my stash... I hope that is where it is supposed to be). I'm brought to a screen that has not only my stash but a list of my characters to show what each is wearing. It seems you just grab the item from where it is and put it in the box in the middle... OK.
I put it in and it gives it a minimum starting price of 279 gold (15% goes to Blizzard... WTF? I assume it actually just disappears). I can change this and also I can put in a buyout price if I want. I'm selling:
Rare Wizard Hat
Armor 67
Strength +23
Critical hits give +4 arcane power
Globes give +74 life
Empty Socket
I think something like this could have benefit if any of the spells are based on strength and/or weapon... I'll have to check on that... Could make a build there.
Regardless, this one is still from normal, it's crap, it goes for the test 
I change the minimum price to 600 gold because I have no idea what this is worth, I've looked at no going prices or even what a vendor would pay me... Just filling shit in. Using the same indifference, I set the buyout price to 1000 gold. I hit Create Auction and as I'm doing so I notice something along the lines of '1 of 10 Auctions'... I seem to recall something about getting x number of auctions per time period but it was undecided at the time what those values would be. I'll have to keep an eye on it and see what happens with it. I'm also told I have five minutes to change my mind before the auction goes live... I'll update this post when I hear something.
Edit 1 - The time ran out on the auction without so much as a bid 
I've put it back out there at a lower price (300 gold, buy now 1k). I did try to look for it using the search but there is so much stuff out there for sale, I never found it. I expect high end stuff is what to sell but we will see. I also noticed that the '1 of 10' thing reset, so I'm thinking you can have up to 10 auctions going at a time... I'll update if that changes as well as when the current auction ends with results.
Edit 2 - The 1 of 10 definitly means you can have up to 10 auctions going at a time. I've put this hat out there a few times now and not gotten are takers so I scrapped it at the blacksmith I did find that auctions can be done to get some good items or make some good bucks though. I did some messing around with some legendary items and here is what I found:
1 - Look for items where the auction is about over (less the 1 hour is my limit) and either has a low bid or no bid, wait till it is down to 1 minute and toss out your bid. I've yet to have my bid beaten doing this.
2 - Look well beyond the first few pages, it does not seem that many people do.
3 - If it looks good and you don't need the scrap, throw it out for auction. I've been very surprised at how much I've gotten for a few items... Not tons of money but a few thousand and it all helps when your starting.
4 - If you have the spare gold and can grab a legendary at base price or a little above, do it. Turn right around and throw it back out for auction with the same price... I've turned a few hundred thousand profit doing this with Goldwrap belts.
I'll update this post if I figure out any more stuff with the Auction House.
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