I've added an auction system, accessible at Hero Square in New Tarsonis. Unlike the original system you can have up to 50 auctions running per character at any single time, and auctions run for days. It is still pretty basic, but should allow you to trade worthwhile items more easily with other players.
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6271hp 1287m 1194mv> auction list
Browse which category:
Nr Category Auctions
---- ---------------------- --------
16) container 10
97) armorspikes 3
107) mailable 3
119) guild_insignia 1
127) substance 1
154) body_armor 3
155) gloves 1
156) armlet 1
159) leg_armor 1
161) forehead 1
162) temples 1
163) earring 1
165) mask 1
167) bracelet 2
168) ring 2
169) anklet 2
Syntax: auction list <category>
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6271hp 1287m 1194mv> auction list anklet level e240 e260 silk
Auctions (anklet, level e240-e260, keyword silk):
Id Summary Level Seller Last Bid By Remaining Buyout
------ ------------------------------------------------------------ ----- -------- ---------- --------- --------- ----------
6) a runed silk anklet e250 thess 50 - very long 1,000
7) a runed silk anklet e250 thess 50 - very long 1,000
Items 1-2 of 2 (see 'help auction_filters' for filtering and sorting)
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6271hp 1287m 1194mv> auction bid 7
Bid must be between 50 and 1000 gold.
6271hp 1287m 1194mv> auction bid 7 250
You bid 250 gold on 7:a runed silk ankletCode: Select all
6271hp 1287m 1194mv> auction buyout 7
You pay 1,000 gold to buyout 7:a runed silk anklet!
6271hp 1287m 1194mv>
6271hp 1287m 1194mv>
A leather postage pouch sealed with a priority seal of 'auction house' winks into existance in front of you.
You quickly grab it from mid-air.
6271hp 1287m 1194mv> open 3.pouch
You break a priority seal of 'auction house' on a leather postage pouch.
You open a leather postage pouch.
From: Auction House
To: Celeborn
Subject: Auction Won
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You have won auction 7, a runed silk anklet!