109408-commodities-exchange-how-does-sell-order-work

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Greetings,
 
I have only recently started to get into the AH and the CE and I will admit I am confused. I have tried selling items in the Auction House with success (works as with all other games) but the Commodities exchange still puzzles me.
 
Hmm.. I have yet to sell something there and while I do see my products listed under 'my listings' for the low price of 25g, the commodities sell the same item for a higher price which is confusing (to me at least). I have tried searching 'buy now' and place 'buy order' but I cannot see my low prices listed anywhere.. I only see higher prices available.
 
I was under the impression that CE would always display the lowest price available but after some testing, it does NOT work like that. So, someone smarter than me (please) explain how the 'sell order' works it a bit better.	
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			Basically you set a price on how much you want to sell the items instead of selling it now at a lower price, it last about 7 days and if someone is willing is pay that amount they will get the item and you will received you cash in your mail box. If not you will get the items back in mail after 7 days.	
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The price it shows is the average price.  If you mouse over the "i" button on the left, you get a listing of top 1, top 10, and top 50 prices.  If you are the lowest price (you've priced it lower than the "competition" price), you will be top 1.  When people buy the item, it automatically goes in order of price, from lowest to highest.
 
Now, as far as the orders are concerned, the prices are linked
 
Sell Now is the same price as Buy Order.  When you Sell Now, you are filling someone's buy order for the price they asked for.  This price is the lower of the two for a given commodity; if you Sell Now, you will get less money to sell, and if you Buy Order you will pay less money to buy.
 
Buy Now is the same price as Sell Order.  When you Buy Now, you are filling someone's sell order for the price they asked for.  This price is the higher of the two for a given commodity; if you Buy Now, you will pay more money to buy, and if you Sell Order you will get more money to sell.	
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The price it shows is the average price.  If you mouse over the "i" button on the left, you get a listing of top 1, top 10, and top 50 prices.  If you are the lowest price (you've priced it lower than the "competition" price), you will be top 1.  When people buy the item, it automatically goes in order of price, from lowest to highest.
 
Now, as far as the orders are concerned, the prices are linked
 
Sell Now is the same price as Buy Order.  When you Sell Now, you are filling someone's buy order for the price they asked for.  This price is the lower of the two for a given commodity; if you Sell Now, you will get less money to sell, and if you Buy Order you will pay less money to buy.
 
Buy Now is the same price as Sell Order.  When you Buy Now, you are filling someone's sell order for the price they asked for.  This price is the higher of the two for a given commodity; if you Buy Now, you will pay more money to buy, and if you Sell Order you will get more money to sell.
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Which tab are you viewing the dye listing, after you had posted yours for sale?
Screenshots would help clarify. :P
 
 
Here's an example of a listing, I'm interested in "Bloodfire Red" dye, and am looking at the "Buy Now" tab -
 
There are 4 available in the CX. See the "Current Price: 8p 45g" just below the Dye color... and the input box showing "8p 72g 50s".
 
 
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Now this is the window that shows up when you mouseover the 'i'.
 
The Top 1 SELLER price matches the 'Current Price' (in this case, it's the lowest price).
 
 
Since there are only 4 available currently, the "Top 10" & "Top 50" can be a bit misleading. But if there were 2000 of it in the CX, that will tell you the cheapest, the 10th cheapest, and the 50th cheapest.
 
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On that note, while it's nice of you to price things at a "reasonable" rate,  you're potentially cheating yourself out extra income. Depending on the rarity of the dye, of course. And to answer your question, you will get the 25g (actually less due to CX fee). Because your buyer will mouseover the 'i' and see your lowest price - he would be foolish to pay more. :P	
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{| class="blockquote"
Which tab are you viewing the dye listing, after you had posted yours for sale?
Screenshots would help clarify. :P
 
 
Here's an example of a listing, I'm interested in "Bloodfire Red" dye, and am looking at the "Buy Now" tab -
 
There are 4 available in the CX. See the "Current Price: 8p 45g" just below the Dye color... and the input box showing "8p 72g 50s".
 
 
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Now this is the window that shows up when you mouseover the 'i'.
 
The Top 1 SELLER price matches the 'Current Price' (in this case, it's the lowest price).
 
 
Since there are only 4 available currently, the "Top 10" & "Top 50" can be a bit misleading. But if there were 2000 of it in the CX, that will tell you the cheapest, the 10th cheapest, and the 50th cheapest.
 
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On that note, while it's nice of you to price things at a "reasonable" rate,  you're potentially cheating yourself out extra income. Depending on the rarity of the dye, of course. And to answer your question, you will get the 25g (actually less due to CX fee). Because your buyer will mouseover the 'i' and see your lowest price - he would be foolish to pay more. :P
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Thanks for the replies. I am going to log now and try to figure it out. If I don't make sense of it all, I will take detailed screenshots and repost.
 
Again, thank you for taking the time to help me.
 
PS. Sandinmyeye - I will agree with what you said, my goal was to tone down some of the more common item prices. The dye in question is Parsec Purple which I do consider to be common and sold at 1p seemed grossly overpriced.	
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			You would be making lots tycoons angry if they found out you have been undercutting prices. In fact I think some of them may even be real business man in real life.	
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You would be making lots tycoons angry if they found out you have been undercutting prices. In fact I think some of them may even be real business man in real life.
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			There is suppose to be a popular community exchange addon from curse, did you install it ?	
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