The Auction House in Hypixel Skyblock Minecraft serves as a dynamic, player-driven marketplace. Whether you're a seasoned Minecraft pro or a beginner looking to dive into the auction scene, this comprehensive guide will provide you with everything you need to navigate and utilize the Auction House in Hypixel Skyblock Minecraft effectively.
What Is The Auction House?
The Auction House, also known as AH, is a key location in the Hub World of Hypixel Skyblock Minecraft, designed to facilitate auctions among players. It's a large, Medieval-styled building situated to the west of the Village spawn, or to the left of the map and the Hub Portal.
Here, players create and participate in auctions, setting starting prices and auction durations as they see fit. Interactions with the Auction Master or any Auction Agent NPC in the Auction House are necessary for browsing or creating auctions.
The Auction Browser: Your Guide To Bidding
The Auction Browser is your essential tool for participating in auctions. It is divided into six primary sections:
- Weapons (Swords, Bows, Axes, Magic Weapons)
- Armor (Hats, Chestplates, Leggings, Boots)
- Accessories (Talismans, Orbs, Rings, Artifacts, Relics)
- Consumables
- Blocks (Dirt, Stone, materials represented by a Minecraft block)
- Tools & Misc. (Tools, magic items, staffs, most SPECIAL items and any other uncategorized items)
You can navigate through these categories and perform several filtering actions using the options available at the bottom of the GUI: Search (Oak Wood Sign), Item Tier (Eye of Ender), and Sort (Hopper).
The Search (Oak Wood Sign) option, when clicked, gives a place to type the name of the item.
The Sort (Hopper) option will show options for filtering: Highest Bid, Lowest Bid, Ending Soon, and Most Bids.
The Item Tier (Eye of Ender) will view the different rarities of items: Common, Uncommon, Rare, Epic, Legendary, Mythic, Divine, Special, and Very Special.
Mastering The Auction Manager
The Auction Manager is your personal tool for managing your own auctions. To access it, click the Gold Horse Armor in the Auctions Master GUI.
Creating Auctions
For initiating an auction, you need to click the Gold Horse Armor at the bottom of the management GUI to open up the auction creator. Clicking the gold bar will let you choose the minimum bidding price. Auction durations range from 1 hour to 2 days with an option to customize.
BIN (Buy It Now) Feature
The BIN feature allows players to instantly buy your items without needing to wait or allowing other players to outbid them. This is a handy feature for those looking for quick transactions.
Understanding Fees and Taxes
Creating auctions incurs a fee equal to 5% of the starting price plus additional fees depending on how long the auction will last. BIN taxes are calculated similarly but the fee for starting is always 1% of the item's price. Collecting auctions and BINs above 1 million invites a 1% tax.
Bidding Basics
To bid on an auction, you must have enough coins to meet the starting amount, or 2.5% more than the most recent bid subtracting the amount you have already bid on it. Click on an item, then click the gold nugget ("Submit Bid") button. If you fail to secure the highest bid on an auction, your coins are refunded.
Influence of Mayors on Auction House
Mayors in Hypixel Skyblock Minecraft can impact the Auction House's accessibility. For instance, while Derpy is elected, the Auction House interface becomes inaccessible. When Dante was elected, Goons were posted outside all Official Buildings, including the Auction House, prohibiting entry without a Happy Mask or a Dante Talisman.
Trivia and Fun Facts
- The lowest possible starting bid you can set for an item is 1 coin.
- The highest amount of time you can set an auction to is 336 hours (14 days/2 weeks) with a fee of 55,200 coins.
- When you jump into the area where the Auction Agents/Master stands, you will take knockback and be launched back into the middle.
Flipping Items in Auction House: A Guide for Beginners
Venturing into the world of flipping items can be a rewarding yet challenging endeavor. If you're new to this, let's break down the process.
Flipping Essentials
Your essential tool for flipping is the mod Not Enough Updates (NAU), which gives insights like the raw craft cost and the auction house (AH) sales per day for an item. You can determine the difference between the raw craft cost and the lowest buy it now for a potential flip.
The Role of Item History
Understanding an item's price history can help you avoid losses. If an item has recently risen in price, it could fall back, losing you money. Conversely, if an item's price has recently dropped, it's more than likely going to return back to its original price, making you money.
Choosing the Right Item
When flipping, your focus should be on the volume (sales of an item per day) and the profit margin. High volume and high margin items are the sweet spots. However, they are rarely available. More often, you'll find items that either have a high volume but low margin, or low volume but high margin.
High volume, low margin items provide a steady, albeit small, income. These are typically common materials or items frequently used by many players. Their price fluctuation is usually minimal, but the large volume makes up for the low profit margin per piece.
Low volume, high margin items are usually rare or specialized items. These don't sell as often, but when they do, they bring in a significant profit. Be wary, though, as these items can often sit in the auction house for quite some time before they are sold.
Mastering the Auction House Timing
Understanding when to buy and sell in the AH is crucial. The market fluctuates depending on the time of the day and the day of the week. For instance, prices tend to be lower during off-peak hours and higher during peak hours. Exploit this to buy low and sell high.
Dealing with Bidding
In some cases, bidding can be more profitable than buying. If you notice an item that doesn't have a lot of attention, consider placing a bid. This strategy can sometimes result in acquiring an item far below its actual market value. However, be aware of the risk that someone might outbid you.
Understanding Market Trends
Pay attention to in-game events and patches. These can have a huge impact on supply and demand. For instance, an in-game event might increase the demand for a certain item, causing its price to spike.
Resilience is Key
Remember, not every flip will be successful. There will be times when you misjudge the market or get outbid. Don't be discouraged. Use these experiences as learning opportunities.
Finally, flipping items is not a 'get rich quick' scheme. It requires patience, research, and understanding of the market. The more you understand the game's economy and player behavior, the better your chances of successful flipping. Happy trading!
