Thank you for your interest. Our primary goal was to draw attention to the items in the auction with our initial posting. Due to the short notice of the auction, we felt it was best to make the announcement and follow up with the details as they were solidified.
The opening bids are indeed in gold pieces so that the approximate value is consistent through market variations. We will accept gems, art, and other such objects subject to independent appraisal, however,
our preference at this time is hard currency.
Unfortunately, we are unable to offer very competitive prices on ritual scrolls, components, or magic items at this time, though if you are interested, we may be able to auction them off on consignment. Similarly, we have a great many capable craftsmen in our employ, so it is not in our favor to offer more than the crafting cost for such items, though if that is amenable to you, we will accept them at that value. If bids tie in value, preference will go to the bidder whose bid is primarily comprised of coin of the realm. When bidding, please indicate approximately what portion of your bid you expect to pay in coin.
Bidding will be silent with open bids, though each participant will be assigned a number rather than using their name, for privacy. A master list of names and numbers will be kept by the auctioneer. All winning bidders will be called individually at the end of the auction, and the winning bidder of the Vial of Sparkling Fairy Dust will be informed that they have won it at that time so that they may make arrangements to take possession of the item.
Should a bidder be unavailable at the end of the auction and not have a pre-arranged proxy in their stead, time will be allotted for runner to be sent before their bid is discarded. Bidding may commence from now until Thursday morning, after which time the goods will be in transit and no new bids will be received until the bidding sheets are available for public viewing at the Tavern in Iron Falls this Saturday afternoon, April the 17th. If you wish to bid early, bidding will be blind, though should our scribe have the time, the opening bids above will be kept up-to-date with the current leading bid.
Thank you for your interest,
Jonas Firgins
Magistratum at Iron Falls