Public auction - Revision history

Matt: Text replacement - "[[Imperial Civil Service" to "[[Civil Service"

2026-01-15T22:21:59Z

Text replacement - "[[Imperial Civil Service" to "[[Civil Service"

← Older revision		Revision as of 22:21, 15 January 2026
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	===Auctioneer===		===Auctioneer===
	The proceedings are led by an auctioneer, who is usually an [[~~Imperial~~ Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.		The proceedings are led by an auctioneer, who is usually an [[Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.

	Another Agent of the Bourse will usually be responsible for recording the winning bids, taking the money, and giving out the purchased items.		Another Agent of the Bourse will usually be responsible for recording the winning bids, taking the money, and giving out the purchased items.

Hailmur: /* Overview */

2025-09-24T18:35:13Z

Overview

← Older revision		Revision as of 18:35, 24 September 2025
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	* [[Mithril]] seats are auctioned at the Autumn Equinox		* [[Mithril]] seats are auctioned at the Autumn Equinox

	In addition the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]] and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.		In addition, the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]], [[Citizens' Voice]], and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.

	At the end of the Auction of the Seats a single dose of [[Liao#True_Liao\|true liao]] is auctioned off, with the winning bid contributed to the [[Rewarding\|Virtue Fund]].		At the end of the Auction of the Seats a single dose of [[Liao#True_Liao\|true liao]] is auctioned off, with the winning bid contributed to the [[Rewarding\|Virtue Fund]].

Twiggy at 17:01, 12 August 2025

2025-08-12T17:01:40Z

← Older revision		Revision as of 17:01, 12 August 2025
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	In addition the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]] and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.		In addition the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]] and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.

	At the end of the Auction of the Seats a single dose of [[Liao#True_Liao\|true liao]] is auctioned off, with the winning bid contributed to the [[Rewarding\|Virtue Fund]],		At the end of the Auction of the Seats a single dose of [[Liao#True_Liao\|true liao]] is auctioned off, with the winning bid contributed to the [[Rewarding\|Virtue Fund]].

	==Auction sessions==		==Auction sessions==

Thespaceinvader at 20:56, 10 April 2025

2025-04-10T20:56:02Z

← Older revision		Revision as of 20:56, 10 April 2025
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	The proceedings are led by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.		The proceedings are led by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.

	Another Agent of the Bourse will usually be responsible for recording ~~the~~ the winning bids, taking the money, and giving out the purchased items.		Another Agent of the Bourse will usually be responsible for recording the winning bids, taking the money, and giving out the purchased items.

	===Participation===		===Participation===

Dre at 21:43, 13 May 2024

2024-05-13T21:43:56Z

← Older revision		Revision as of 21:43, 13 May 2024
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	===Auctioneer===		===Auctioneer===
	The proceedings are ~~lead~~ by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.		The proceedings are led by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.

	Another Agent of the Bourse will usually be responsible for recording the the winning bids, taking the money, and giving out the purchased items.		Another Agent of the Bourse will usually be responsible for recording the the winning bids, taking the money, and giving out the purchased items.

Dre: /* Participation */

2023-07-05T20:13:55Z

Participation

← Older revision		Revision as of 20:13, 5 July 2023
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	===Participation===		===Participation===
	All Imperial citizens are eligible to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#Driven_by_bidders_only\|an open ascending price auction].		All Imperial citizens are eligible to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#Driven_by_bidders_only an open ascending price auction].

	The usual format is as follows:		The usual format is as follows:

Dre at 20:13, 5 July 2023

2023-07-05T20:13:00Z

← Older revision		Revision as of 20:13, 5 July 2023
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	===Participation===		===Participation===
	All Imperial citizens are eligible to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#~~Price_development_by_bidders_only~~\|an open ascending price auction].		All Imperial citizens are eligible to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#Driven_by_bidders_only\|an open ascending price auction].

	The usual format is as follows:		The usual format is as follows:

Dre at 20:11, 5 July 2023

2023-07-05T20:11:06Z

Hailmur: /* Participation */

2023-07-05T17:36:51Z

Participation

← Older revision		Revision as of 17:36, 5 July 2023
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	* The winner goes immediately to the Auction clerk to pay and have their appointment recorded		* The winner goes immediately to the Auction clerk to pay and have their appointment recorded

	Bidding is usually in [[Currency\|thrones and crowns]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.		Bidding is usually in [[Currency\|thrones and crowns]]. Only mana crystals are accepted in the auction for the position of [[Arbiter of the Rogue Declaration]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.

	{{Bourse Further Reading}}		{{Bourse Further Reading}}
	* [[Rules_update_2021#Scaling_Back_the_Public_Auction\|Scaling back the public auction]]		* [[Rules_update_2021#Scaling_Back_the_Public_Auction\|Scaling back the public auction]]

Hailmur: /* Participation */

2023-07-05T17:34:04Z

Participation

← Older revision		Revision as of 17:34, 5 July 2023
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	===Participation===		===Participation===
	All citizens are ~~welcome~~ to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#Price_development_by_bidders_only\|an open ascending price auction].		All Imperial citizens are eligible to bid in the auction and it is usually a busy and fast-paced affair. Bids are settled using [https://en.wikipedia.org/wiki/Auction#Price_development_by_bidders_only\|an open ascending price auction].

	The usual format is as follows:		The usual format is as follows:
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	* Bidding begins on each item in turn, with the Auctioneer suggesting an opening bid if none is forthcoming		* Bidding begins on each item in turn, with the Auctioneer suggesting an opening bid if none is forthcoming
	* A clear unique bid is taken from the first person seen and heard to give it, and bidding goes up until a winner is determined		* A clear unique bid is taken from the first person seen and heard to give it, and bidding goes up until a winner is determined
	* The winner goes immediately to the Auction clerk to pay and ~~receive their item or~~ have their appointment recorded		* The winner goes immediately to the Auction clerk to pay and have their appointment recorded

	Bidding is usually in [[Currency\|~~Thrones~~ and ~~Crowns~~]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.		Bidding is usually in [[Currency\|thrones and crowns]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.

	{{Bourse Further Reading}}		{{Bourse Further Reading}}
	* [[Rules_update_2021#Scaling_Back_the_Public_Auction\|Scaling back the public auction]]		* [[Rules_update_2021#Scaling_Back_the_Public_Auction\|Scaling back the public auction]]

← Older revision		Revision as of 20:11, 5 July 2023
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	* [[Weirwood]] seats are auctioned at the Winter Solstice		* [[Weirwood]] seats are auctioned at the Winter Solstice
	* [[Ilium]] seats and the [[Master of the Imperial Mint]] are auctioned at the Spring Equinox		* [[Ilium]] seats and the [[Master of the Imperial Mint]] are auctioned at the Spring Equinox
	* [[White granite]] seats are auctioned at the Summer Solstice		* [[White granite]] seats are auctioned at the Summer Solstice
	* [[Mithril]] seats are auctioned at the Autumn Equinox		* [[Mithril]] seats are auctioned at the Autumn Equinox

	In addition the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]] and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.		In addition the two [[Bearer of an Imperial Wayleave\|Bearers of an Imperial Wayleave]] and the [[Arbiter of the Rogue Declaration]] are all auctioned at every summit.
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	==Auction sessions==		==Auction sessions==
	The public auction is held on Saturday, and the timing and location can be found in the [[Event schedule\|event schedule]] and on signs around Anvil. The Senate is the preferred location, but occasionally another meeting or event will take precedence and the ~~Auction~~ will move to another suitable location.		The public auction is held on Saturday, and the timing and location can be found in the [[Event schedule\|event schedule]] and on signs around Anvil. The Senate is the preferred location, but occasionally another meeting or event will take precedence and the auction will move to another suitable location.

	===Auctioneer===		===Auctioneer===
	The proceedings are lead by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the ~~civil service~~. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.		The proceedings are lead by an auctioneer, who is usually an [[Imperial Civil Service#Agents_of_the_Bourse\|Agent of the Bourse]], a member of the Civil Service. Their role is a fine balance of keeping order, ensuring fair access to the auction for all present, and hosting a time-honoured Imperial spectacle.

	Another Agent of the Bourse will usually be responsible for recording the the winning bids, taking the money, and giving out the purchased items.		Another Agent of the Bourse will usually be responsible for recording the the winning bids, taking the money, and giving out the purchased items.
Line 26:		Line 26:

	The usual format is as follows:		The usual format is as follows:
	* The ~~Auctioneer~~ reads out the complete list of lots.		* The auctioneer reads out the complete list of lots.
	* Bidding begins on each item in turn, with the ~~Auctioneer~~ suggesting an opening bid if none is forthcoming		* Bidding begins on each item in turn, with the auctioneer suggesting an opening bid if none is forthcoming
	* A clear unique bid is taken from the first person seen and heard to give it, and bidding goes up until a winner is determined		* A clear unique bid is taken from the first person seen and heard to give it, and bidding goes up until a winner is determined
	* The winner goes immediately to the ~~Auction~~ clerk to pay and have their appointment recorded		* The winner goes immediately to the auction clerk to pay and have their appointment recorded

	Bidding is usually in [[Currency\|thrones and crowns]]. Only mana crystals are accepted in the auction for the position of [[Arbiter of the Rogue Declaration]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.		Bidding is usually in [[Currency\|thrones and crowns]]. Only mana crystals are accepted in the auction for the position of [[Arbiter of the Rogue Declaration]]. Citizens are asked to have payment ready when bidding in order to keep things moving smoothly.