Guild Auction event:
a) Guild Auction House. The building increases the Guild Financial Point of your guild by 20000 upon constructed.
b) As your guild members participate in events such as Battlefield PVP, Arena PVP, Raids, Guild Invasions, Rift Reward ceremony, they will obtain Adamantine Coin, which can be handed to the Guild Auctioneer in exchange for Guild Financial Points. (the auctioneer is on the upper level of the base across from the tavern, next to the gb trade run npc).
c) At 18:00 of every Monday, your Guild Auction House will update 1-4 new items for you to bid. The quantity of updated items is dependendent on the current Guild Financial Point of your Guild: 5000pts per slot. The potential categories of the updated items can be: Mounts, level 95 Elemental Gears, and level 90 Gemini Weapons.
d) From 18:00 of Monday to 19:00 of Sunday, all guild members who have joined been in the guild for at least 7 days will be able to place bids on items.
e) You can see the current bidding price and the bidder at the guild auction npc. If you are the current bidder, it will say "You", but others will see it as "Other guild".
f) Once an item has been sold successfully, the item will be sent to the buyer through game mail at 19:00 Monday (sometime around the new auction opening). In addition, 50% of the amount of payment received will be added to your Guild Midas Bonus.
g) If you failed a bidding, all the funds that were been used to bid will be returned to you through mail. This is true of any time that you are outbid as well. The mail is a non-descript system mail.
The items that show up in the auction are random. Here is a list of the possible items and their starting bid:
h) If someone bids on an item, all the financial pts built up that week will disappear when the auction is completed and the item is distributed. If no one bids on an item, the pts will remain for the following auction week. Since the pts all disappear upon auction close if a bid is placed, it is best NOT to put in anymore coins than is necessary to open an auction slot.
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