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A Five Year History Of 11 Rare Festival Auction Results

Discussion in 'Archive & Reference' started by Nails Warstein, Jan 10, 2018.

  1. Nails Warstein

    Nails Warstein Rares Festival Silent Auctioneer
    Professional Stratics Veteran Alumni Stratics Legend Campaign Patron Ultima Broker

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    11 out of 26 Rares Festival Total Auction Sales = 523,728m
    Median Average Sale Price For 11 Festival Auctions = 282m / rare

    2018 Atlantic Rares Jubilee
    Sold 84 out of 200 Rares for approximately 34 Platinum
    Average Sale Price = 405m

    2018 Atlantic Rares Festival
    Sold 176 out of 360 Rares for 62,240m
    Average Sale Price = 354m

    2017 Sakura Rares Festival
    Sold 621 Rares for 134,478m
    Average Sale Price = 217m

    2016 Atlantic Jubilee
    Sold 92 rares out of 126 for 22,175m
    Average Sale Price = 241m
    (Missing 2nd Auction House Results)

    2016 Pacific Rares Festival
    Sold 129 out of 173 Rares for 35,372m
    Average Sale Price = 274m
    (Missing Traders House Results)

    2015 Chesapeake Rares Festival
    Sold 56 out of 75 Rares for 8,883m
    Average Sale Price = 159m
    (Missing Traders House Results)

    2015 Atlantic Jubilee
    Sold 126 out of 213 Rares for 25470m
    Average Sale Price = 202m

    2014 Izumo Rares Festival
    Sold 137 out of ~300 Rares for 51,123m
    Average Sale price = 373m

    2014 Atlantic Rares Festival
    Sold 220 Rares for 49,485m
    Average Sale Price = 224m

    2014 Europa Rares Festival
    Sold 63 out of 105 Rares for 24,429m
    Average Sale Price = 388m

    2013 Pacific Rares Festival
    Sold 137 out of 195 for 34973m
    Average Sale Price = 255m

    2013 Atlantic Rares Festival
    Sold 150 out of 182 for 75,100m
    Average Sale Price = 413m

    References:
    PREVIOUS RARE COLLECTOR'S FESTIVALS (SHARDS, DATES, HOSTS, THREADS)
    THE 2013-15 SILENT AUCTIONS OF RARE ITEMS PRICE GUIDE
    THE NEXT RARES FEST?

    This post can be archived for future reference if the moderators concur.
     
    #1 Nails Warstein, Jan 10, 2018
    Last edited: Jun 10, 2018
  2. Manticore

    Manticore Babbling Loonie
    Stratics Veteran Alumni Stratics Legend

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    that's pretty awesome, thanks for sharing
     
  3. Queen Arya

    Queen Arya Rares Fest Host | Atl Sept 2011 & June 2013
    Stratics Veteran

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    Thank you Nails for the post and all your hard work
    Thank you Rares community we are still going strong
     
  4. Captn Norrington

    Captn Norrington Stratics Forum Moderator
    Moderator Professional Stratics Veteran Campaign Supporter The Valorian Knights

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    That's a great idea, the thread has been moved to the archive section.

    Thanks for posting this, it's an extremely helpful list :)
     
    Nails Warstein likes this.
  5. Lord Arm

    Lord Arm Lore Keeper

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    I thought this rare fest was great. ty to all, for the hard work you put in.
     
  6. Archnight

    Archnight Legendary Crusader
    Moderator Professional Wiki Editor Wiki Moderator Supporter Kingdom Reborn [2.0]

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    I found these results hidden away... though not sure if it was for all houses

    "Great news! Everything sold :D

    Some stats: there were 22,175 mil in total sales over 92 lots. Of those 92 lots, 26 were bought out.

    Congrats to the sellers and the buyers."
     
    #6 Archnight, Jan 10, 2018
    Last edited: Jan 10, 2018
  7. Nails Warstein

    Nails Warstein Rares Festival Silent Auctioneer
    Professional Stratics Veteran Alumni Stratics Legend Campaign Patron Ultima Broker

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    Thanks @Archnight for those details, I updated the 2016 Atlantic Jubilee, and added the 2014 Izumo Rares Festival I overlooked by calculating @BrianFreud and @shushu's numbers
     
    Archnight likes this.
  8. Nails Warstein

    Nails Warstein Rares Festival Silent Auctioneer
    Professional Stratics Veteran Alumni Stratics Legend Campaign Patron Ultima Broker

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    Based on my totals, I surmise that Ultima Online Rares Festival Silent Auctions have likely generated more than a TRILLION GOLD in sales over the course of 26 Rares Festivals in their 10 year history. I imagine the vendor totals are not that far behind.
     
  9. Blackie

    Blackie Seasoned Veteran

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    Some humility would be nice.

    These are created each week, more will come out next week... worth that much or are players given no choice due to monopoly and multiboxing? It's a valid question.

    I see celebration by the Luna who's who in here and disgust by the non Luna crowd out there EM events...
     
    #9 Blackie, Mar 5, 2018
    Last edited: Mar 5, 2018
  10. Yegger

    Yegger Journeyman

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    Personally, I think this is a great lesson in the basics of economics— supply-side and acquisitions. The market will demand what it can earn—just take a look at fluctuations in gold prices for verification of that fact. There are attempts all the time to influence the value, but ultimately it will come down to whether the buyer is willing to spend. I understand the concern about monopolizing the marketplace, but if there is no demand, then what good is it to the supplier? I am glad to see that demand is still (somewhat) healthy and I am encouraged that that the UO economy may experience a boost with the new efforts to attract the players that have left. Great work on a successful Rares Fest, and here’s to more success in the future!

    ——- Old Man Yegger