Auction House

Overview
The Auction House system is the main way in which items change hands in ArcheAge. It allows players to post almost any non quest item for a price(Copper, Silver, Gold) of their choosing. However, all players can see these auctions and it can become very competitive.

Where do I find it?
Auctioneers can be located on the map by their icon- a bag surrounded by coins.

They are also often found in hubs with portals to Mirage Island and Warehouse.

Buying
As mentioned almost anything can be bought or sold on the Auction House. To find what you want you can navigate either by searching the categories on the left hand side of the "Bid" menu or search more specifically by level requirement, item rarity or name. You can even combine the two.

Once you have found an item that interests you, you can place a bid. If it's the highest at the end of the auction your item will be mailed to you. If not your cash will be refunded. If the seller has allowed it, you can even buy items immediately at a set price higher than the bid price.

Selling
You must either have patron status or buy an auction license from the marketplace to use the auction house to sell items. When posting an item on the auction house a fee must be payed to create the transaction. The price depends on the asking price/buyout and duration of the posting. If the item did not sell in the selected interval the item will be delivered to the user in the mail, while also losing the payed fee. If the item did sell the auction house keeps 10% of the charge but will return the initial fee.