WE'RE LIVE AT UTC! I now have the Auction running on my website and you can find it
HERE!
Shout out to Hacky & Ben for being the first 2 to submit a bid through the new contact form on the site and Sam for being the first official member!!!
Here’s to many more years of True Dungeon ahead!
WHO-HA!
AUCTION RULES & GUIDELINES
Funding Rules
In order for the auction to be successful, the grand total of all bids must meet or exceed $7,500. If the auction fails to meet the minimum, I may choose to go forward and fund the remaining balance or call the whole thing off.
Auction Style
- 2 Week Lightning Style Auction: Auction will close after 2 weeks or once we hit $7,500, whichever comes first.
- Blind Auction: Amounts will be public, however names will be private. We will use NES Character monikers for all bidders.
- Vickery Auction: Think eBay in which you can bid for the highest amount you are willing to pay, however you pay based on the 2nd highest bidder (+ bid increment if you submitted your bid after 2nd highest bidder).
How Bidding Works (Vickery Auction)
Bids should be sent to me via PM
Once bid is received, I will send you a PM confirming it your NES Character monikers, which will be the same for each item you bid on.
You must bid at least the lowest current winning bid + the bid increment.
The highest bid wins, however the winner pays only the 2nd highest bid + the bid increment if the highest max was bit later than the 2nd highest bid. This means if you bid $100 and next highest bid is $75, you only pay $75 if you placed your bid first or $80 if you placed your bid second. This prevents sniping and encourages bids for the highest amount willing to pay, knowing that if demand is less, you will not overpay for the item.
This auction rewards early bidding. If multiple bidders bid the same amount, the earliest bids win.
Feel free to bid on any number of items for which there are multiples available, your bid will always apply to the cheapest items.
Bidding Increments:
Bid increment on items less than $10: $0.25
Bid increment on items greater than or equal to $10 and less than $50: $1
Bid increment on items greater than or equal to $50: $5
NOTE: All bids must be divisible by the increment in place for their bid tier.
Auction End Guidelines:
Bidding ends on at 8PM PT / 11PM ET, but this is Lightning Style auction so it will end immediately as soon as we reach the necessary threshold. Put another way, bids will process in the order PMs are received, and once we go over 100% on a particular PM, no more will be processed.
However:
If there are technical difficulties with TD forums within 1 hour of the end auction time all open items will be extended 24 hours, open to all bidders.
If a new highest bid is placed on an item within 1 hour of the end auction time the bidding on those item(s) will be extended 24 hours, open to all bidders.
Payment & Shipping Guidelines:
Payment is required through PayPal via friends and family. All winning bids will have 48 hours after close of auction to provide payment. Any unpaid item(s) after allowed time will defer their winning bid and the next highest bidder will be offered the item at their maximum bid price of the item(s).
Shipping (domestic):
$6 for 10 or fewer tokens
$9 for 11 to 150 tokens
$20 for over 150 tokens
International shipping will be the actual cost.
Please reach out to me via PM with any questions or concerns.
- Send me in DM! I'M READY TO ROLL!
Swing by
utakustradecaravan.com
to buy, trade, or bid on tokens for your True Dungeon characters!
From my humble caravan I offer:
- Trade Goods and Treasurers I've gathered along the way (Completion, Ultra Rare+, etc.)
- My Trading Post with my current needs/wants!
- My Auction House hosting 8K Auctions, charity auctions, and more!
