The Auction system is based on an item'sestimatedNeopoint value, the one you see when you click on it in your inventory. So even though your item is worth more, its estimated value must be pretty low.
well you can get neopet money by doing the dalies, play the games then click send score, put things in the auction by clicking the item then click put in auction, put things in the shop and more
You can't make your neopet drink it, It's a Battledome item, equip your neopet with it!
Each item has a rarity index, which tells you how "rare" an item is.
No, a former can't reclaim something that they sold willingly at an auction even if it has historical or financial significance.
You can't actually sell furniture on Neopets but you can discard it. Or you can also donate it to the Money Tree. If you want to earn money for it, you can auction it if it is worth enough money ( make sure you don't make it too expensive or no one will buy it). All these options are available when you go to your inventory and click on the item you want to discard, donate or auction.
the first eBay item offer for auction was a broken laser pointer
If you have the winning bid at an auction, then you have won that item with the bid you placed. After you pay for the item, it will be transferred to you.
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If an item has a reserve price at an auction it means no matter the amount bid it will not sell unless it reaches the reserve price set by the seller. This price is not known by the bidder. In a no reserve auction the item will sell by the highest amount bid on the item this is known as a true auction.
No, but if you place a Petpet next to a food item and leave it there for a while the Petpet will eat it. Also you misspelled "Jetsam".
A forward auction is the "ordinary auction" we are all used to today. In a forward auction, the buyer bids on the sellers item, and the prices of the item increases during the auction. On the other hand, a reverse auction switches the roles of the buyer and the seller. In a reverse auction, the sellers are competing for the buyers business, and the prices of the items the sellers are selling decrease during the auction.