the answer to CF action house

TheBigCheese

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In Animal Crossing: City, the Auction House is where you auction off items to other players over Nintendo Wi-Fi Connection. You can only see items being auctioned by people you are already 'friends' with.
If someone wins, they take that item. The Auction House is open all day, and is managed by Lloyd the Gyroid.

There are display periods and bidding periods in the auction house. During display periods you put your items up, and you can view what will be in the auction. You can only put one item in your auction house at a time. During bidding periods you can place only one bid, you cannot see any other bids, and the money you bid is held by the Auction House until the end of the bidding period. Bells won and items won are given to you at the end of the bidding period. You can ask Lloyd when the next display period or bidding period is. You can also have Lloyd give you access to your Checkroom (the space within the cabinets of your home.)
 
This should belong in the Guides section. But I'm pretty sure that the sensible ones know what and how the Auction House works.
 
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