Grand Exchange

The Grand Exchange is a marketplace in northwest Varrock released on 26 November, 2007. Players can use the Exchange to buy or sell items while working on other activities in-game. Essentially, players post offers to buy or sell items with one of the Grand Exchange clerks, dressed in blue/purple-ish. Members are allowed to post six item slots' worth of offers at once, while free players are allowed two slots. The game will constantly try to match offers up to others made by players on every server, and when a transaction has been completed, players can collect the cash or items they received by selecting the new "collect" option at any bank, except the one in Burgh De Rott.

Tutorial
Players must complete a tutorial before being allowed to use the Grand Exchange. Two tutorials are available: one from the Grand Exchange tutor, the other from Brugsen Bursen, the founder of the Exchange. The former will give a more concise tutorial, while the latter will explain in detail how the Grand Exchange was founded.

People
There are a variety of NPCs found in the Exchange, each of which play a role in its business.

Around the edges of the Exchange are the tutor and Brugsen Bursen, mentioned above, along with five other people, each specializing in a particular kind of goods. Any one of them will give players the current market price range for the items in their respective item categories. Bursen will also give players current market price ranges.

Prices
Prices of the Grand Exchange are different to those found when buying from the general store. These prices are usually around market price. However, players are only allowed to buy/sell for 5% above or below the market price, so merchanting is still more popular in banks. According to the Knowledge Base, prices are recalculated about once a day.

If buyers offer more coins for an item than the sellers offer to sell the items for, then the price will be determined by the first offer listed (whether buyer or seller).

Music

 * The Trade Parade

Tips

 * Try selling raw materials such as Uncut Gems, and ores. Also, remember that just because something is for sale on the Grand Exchange doesnt mean someone will buy it right away.
 * For bank sales involving lots of items, just try for quick sales on items by placing items up, and if they don't sell immediately (no matching buyer), then remove and try another item. After trying all items, then just leave up items that have not sold.

Trivia

 * The Grand Exchange seems to have the same functions as the Auction House on World of Warcraft.


 * There is an easter egg where if players search for "Thingy" in the item search pane, they will see many sapphire amulets listed with that same name. The item's description will simply be "Mabob", as in "thingymabob".


 * If a player, who has completed Lunar Diplomacy, talk to the rune merchant Murky Matt, Murky will refer to how "pirates" were stuck for days and sailing around in circles.


 * There is a trapdoor north-west of the Grand Exchange area. It currently has no use and will not let players open it.


 * On its first day, the Grand Exchange was temporary off-line for a short time "to fix a couple of bugs". An update Update:Grand Exchange temp offline was on the RuneScape main page until it was back on-line when the update was taken off the main page. No items were lost by players as "items are actually looked after by an older system that has been working fine for years, rather than the new system". (One particularly amusing bug was that players could talk to non-Grand Exchange NPCs(Eg; Rick Turpentine) the same way they could to Grand Exchange clerks, this was quickly fixed when the Exchange was offline)


 * When the exchange was released most prices weren't the same as the street prices at the time, now people estimate that the prices will even out in the next couple of months.