View source for Auction House

[[file:gavel.png|thumb|The Auction button located on the Ship Screen]]

The Auction House is an in-game market where players can buy, sell, and auction items. The market can accessed by tapping on your ship, and then selecting the Auction button. 

* The Auction House can only be used to buy and sell items with an [[Item Rarity]] uncommon or better. 
* Common items are not considered valuable, and can be found at [[StarPorts]] instead of the market. 
* Low [[Durability]] items (under 15%) cannot be sold on Auction.
** These items can be repaired with [[Nanorobotics]], [[engineering]], and the :repair [[Alliance]] [[chat command]]
*** However, it is recommended you do not waste BlackDollars on repairing uncommon equipment that might not be valuable or can be easily replaced

All auction activity is done out of a player's [[Bank]].
* Items must be placed inside the bank to be sold on the auction house.
* Items purchased on the auction house can be retrieved from the player's bank.

All auctions are done with [[Credits]]. You can buyout auctions with [[Black Dollars]], but the seller is paid in credits.

==Searching for Items==

[[file:market_main.png]]

The Search interface can be accessed by tapping on the Search button.

To search for an item, select the desired [[Item Types]] and [[Item Rarity]] buttons, then press Submit.

[[file:market_search_buttons_active.png|400px]][[file:market_unc_weapon.png|200px]]

''Searching for rare armor.''

* The entire list of items can be searched through by '''swiping''' up and down.
* By selecting the '''INFO button''', you can preview what upgraded versions of that item would look like by using [[Engineering]].
* Tapping on the '''WATCH button''' that item to your Watch List.

==Bidding and Buyouts==
[[file:bidbuybuy.png]]

There are two ways to buy and sell items on the market:
* '''Bidding''' - For the duration of the auction you can place Bids on an item.
** Once the auction timer expires, the highest bidder wins the item.
** If you are outbid on an item, the credits are immediately returned to your account.
** Players can use Personal History (:ph) [[Chat Commands]] to track and monitor recent auction transactions.
* '''Buyout Credits''' - Sellers can place a buyout price on an item. Whoever pays that price immediately wins that item.
* '''Buyout BlackDollars''' - Sellers can place a buyout price on an item. Customers can choose to spend BlackDollars (1000 credits = 1 BD) to purchase the item. 
** The seller receives credits as payment, '''NOT''' BlackDollars

==Selling Items==

To begin selling an item, tap the Bank Button on your ship's menu.  This brings up a list of item categories inside your personal Bank.

[[file:market_selling1.png|300px]][[file:market_sellingX.png|300px]]

* Select the desired item category by tapping on it.
* Tap on the item you wish to sell on Auction and press the Auction Button.


[[file:market_selling2.png|400px]]
* Set the starting bid price for the item by tapping the '''Set Bid Button''' and entering the desired amount.
* Set the starting buyout price for the item by tapping the '''Set Buyout Button''' and entering the desired maximum price.
** It is not necessary to set a buyout price.  If you don't set one, the highest bidder will win the auction once it is over.

An auction's duration is dependent upon the item's rarity.  The more rare an item is, the longer it will be up for players to bid on!

If an auction does not have any bids once its duration has expired, it will be returned to your bank.

Once the item has been put on the Auction House, you can monitor its progress from the main Auction Screen by tapping the '''My Auctions Button'''.