Is there an Auction House in Lost Ark?
Yes, Lost Ark has an Auction House where you can buy and sell items from and to other players in-game.
You can buy/sell Gear, Accessories, Ability Stones, and Gems in the Auction House using Gold and Pheons. You can also bid on items in the Auction House or you can buy them outright at their Buyout Price.
Unfortunately, the Auction house is not immediately available for use in Lost Ark. You need to reach Level 30 first before you can start buying and selling items in the Auction House.
How to use the Auction House in Lost Ark
The Auction House is available through the Market menu under the Community tab in the lower right corner of your onscreen UI. You can also access the Market by pressing Alt + Y on your keyboard.
Keep in mind that you can only start using the Auction House in Lost Ark if your character is at least Level 30.
The Market will give you two tabs – Market and Auction House. Under the Market tab, you can buy and sell the following:
- Adventurer’s Tome Items
- Cooking Items
- Combat Supplies
- Engraving Recipes
- Enhancement Materials
- Equipment Chests
- Gem Chests
- Sailing Materials, Skins, and Chests
- Trade Skill Resources & Items
- Ability Stones
Market Items will come with individual prices that are fixed, which means you have no choice but to pay the item cost upfront. You can buy these items using Gold.
You can bid on Auction Items at their ‘Minimum Bid’ price or buy out items immediately at their “Buy Now” price. The former will award the item to the highest bidder when the listing expires and the latter will instantly award the item to you after paying the buyout price.
You can check the ‘Time Left’ tab to see how much time is left before the bidding concludes. The currency used in the Auction House is Gold and Pheons.
You cannot withdraw your bids in the Auction House, so make sure you’re committed to purchasing items at the price you have bid at.
Differences between the Market and Auction House in Lost Ark
Market lists in-game items that have a fixed price, while the Auction House also lists items at an initial list price but you can bid on these items as well.
Another difference between the Market and the Auction House is the currency used when buying items. When you buy from the Market, you only need Gold to pay for the items, whereas, in the Auction House, you’ll need both Gold and a special Auction House currency called Pheon.
Lastly, the type of items offered between the Market and Auction House differ as well. There are more types of items for sale in the Market such as Combat Supplies, Mounts, Skins, and Chests. In the Auction House, you’re limited to buying Gear, Accessories, Ability Stones, and Gems.
Is the Auction House server or region-wide in Lost Ark?
The Auction House is region-wide in Lost Ark, which means players from all servers under the same region will see your item listings in the Auction House tab the same way you can see listings from across an entire region in the Auction House.
The Auction House is one of the few region-wide elements in Lost Ark. The extended reach should help more players see your sale items so you can sell them faster.
The Auction House can be a great source of Gear, Accessories, Ability Stones, and Gems in Lost Ark. Check out the Auction House regularly so you don’t miss out on good deals posted by other players. Make sure you have enough Gold and Pheons so you can bid or buy out any item that you find useful.