• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Arcane Intellect

Arcane Intellect

World of Warcraft guides, addons, and more

  • Home
  • Addon Guides
  • All Guides
  • Subscribe on YouTube

Items, Auctions, and Banks in World of Warcraft (WoW) – Beginner’s Guide

Last Reviewed: June 12, 2023 by Archdruid Andoris Leave a Comment

Part 6 of a guide for new, beginning, or returning players in World of Warcraft.

Welcome to part 6 of this ultimate guide for new World of Warcraft players. In our last article, we looked at how gear works (you can check it out here if you missed it). This time around, we are going to discuss items in World of Warcraft.

What are items in World of Warcraft?

Simply put, an item is an object which your character takes possession of. Items can be consumed to enhance character power, create other items, sell to other players, or may have no use whatsoever.

There are several ways to obtain items. You will obtain most of your items by looting defeated enemies, completing quests, or gathering them from natural resources.

Items vary in quality. You can check the quality of an item by hovering over an item and looking at its color. The cheat sheet below, which was also posted in my article on gear, shows the order of item quality based on colors. In general, items of higher quality are more valuable and difficult to obtain.

Item quality ranked by color
The color in the tooltip of an item is a reflection of its quality.

There are A LOT of different items in the World of Warcraft. As such, you can obtain more items than you can hold at one time since your backpack and bag space is limited.

Once you get more items than you can carry, you have three options: you can sell your items to an NPC, sell them to other players, or place them in storage. Technically, you can also destroy an item but would do so very rarely.

Selling and Storing Items in World of Warcraft

Currency in WoW: Gold, Silver, and Bronze

Before we talk about selling items, it is helpful to talk about currency in World of Warcraft.

The primary currencies in the game are gold, silver, and bronze. Conversion between these is easy as 100 bronze equals 1 silver and 100 silver equals 1 gold.

Gold can be used to repair gear, use flight paths to travel, purchase items (including mounts), and can even be used to buy game time (saving you the $15 monthly subscription). When you sell an item you will receive gold/silver/copper in return. You can see your current amount of gold in the bottom of your backpack (‘B’ key shortcut).

Selling to NPCs

If you hover your mouse over an NPC and your cursor turns into a bag, then you are able to sell items to them. All you need to do is click on the NPC to open the trading window and then right-click items in your bags to sell them.

If you sell an item by mistake, you can change the tab on the bottom of the window and buy it back. This is the preferred method to get rid of many of the poor (gray) quality items you find. If your item quality is common (white) or better, you may want to consider selling it at the auction house. This is because players will typically pay higher prices than the NPC for better-quality items.

Selling to the Auction House

The auction house is a player-to-player market for selling items in World of Warcraft. It is also one of the best ways to make gold. If you obtain an item that you think might have value, you can sell it on the auction house.

Additionally, many players also attempt to “flip” items, which means they purchase them for a low price and sell it higher or transform it into another item to sell.

Finding an Auction House

You find auction houses primarily in large cities throughout the game. Here is a Wowpedia article with a list of the major cities where you can find auction houses.

Once you make it to one of these cities you can click on the magnifying glass by your minimap to turn on an icon for auctioneers.

As a side note, a mount with an auction house (a long-necked dinosaur often called “long boi”) was added to the game in Battle for Azeroth. It can no longer be bought directly since the Shadowlands expansion launched, but you will occasionally see players with the mount running around.

Navigating the Auction House and Buying Items

Once you find an auctioneer, you can click on them to open a new window. The window will have an area to browse by type of item, search for a specific item, and list your items for sale. You can navigate between buying and selling using the tabs at the bottom of the window.

Auction house interface in World of Warcraft
You can buy and sell items through the in-game auction house,

Once you have found an item you would like to buy, you can click on it. To finalize the purchase, select an auction from the list of your desired item and click “Buyout” or enter a gold/silver amount and then select “Bid” (if the seller enabled bids).

As mentioned earlier, you can actually use in-game gold to purchase game time. To do this, you select “WoW Token” from the buying tab of the auction house. Once retrieved from your mailbox (which can find by turning the icon on from minimap binoculars), it can be redeemed for 30 days of game time or converted to $15 in your Blizzard account balance.

Selling your item on the auction house

On the “Sell” tab, there is a little more to think about. Once you switch to this tab, it will be blank.

From there, you need to right-click on the item you are interested in selling in your bags to place it in the window. The left side of the window can be thought of as auction settings. Here you can specify how many you want to sell (Quantity), how much you want to sell each one for (Unit Price), and how long you want it to be posted (Duration). It will also show how much you are expected to pay the auction house as a fee for posting (Deposit) and the expected amount you would receive if you sell successfully (Total Price).

The right side of the window shows the current auctions for that item and can be useful in setting the price for your item. If there are no other auctions for that item and you don’t know what price to set, there are many great online tools like The Undermine Journal. Once you have created your auction, you can then view it under the auctions tab.

Once your auction sells you will get your deposit back but the auction house will take a percentage cut of the sales. Additionally, it will take an hour for your money to arrive. You can see the time until you receive your payment under the “Auctions” tab.

Item Storage

What if you don’t want to sell your item to an NPC or another player and just want to hold on to it? That is where storage comes into play. In short, there are three main types of storage:

  • Your personal bank
  • Void storage
  • Guild bank

Personal and Reagent Bank

Your personal bank can be accessed in large cities throughout the game. You can find a list of most of the bank locations here.

Using your bank is simple and straightforward. In short, after finding the bank, you click on a banker and click on an item in your bag to deposit or an item in your bank to withdraw. By default, your bank can store 28 items with the option to pay to unlock additional spaces which you can fill with storage bags.

Additionally, at the bottom of the window for your bank is a second tab for a “Reagent Bank.” This tab is a 98-slot storage that can be unlocked for 100 gold. However, you are limited to only depositing crafting materials.

In the next part of this series, we will talk more about crafting and professions, so hang tight.

Screenshot of personal bank where you can store your items and reagents
You can store items or crafting reagents in your personal bank.

Void Storage

Void storage is also a personal bank but is a long-term way to store your items in World of Warcraft. This is because it costs gold to activate the feature and then added gold every time you want to store an additional item. Again, you can find void storage in the largest cities in the game.

Guild Bank

The last storage option in the game is a guild bank. Unlike the previous two options, the guild bank is shared between members of a guild. Some players will effectively create a personal guild (with the help of other players) to use as extra storage. If you ever see people paying for “guild signatures” in the in-game chat, this is likely their plan.

If you are in a guild with other players you can put items that have value for other guild members. Many guilds have rules as to which items can be deposited, so check before you deposit. Additionally, guild banks have different permissions attached to them, which means that if you put an item in, you may not be able to get it out without talking to a leader in your guild.

Guild banks can be accessed in the same locations as your personal bank. Also, guilds who have reached level 11 unlock a perk called “Mobile Banking,” which allows guild members to summon a chest and gain access to the guild bank once an hour.

Next Steps

In the next part, we will look at one of the main uses of items in my Professions Guide for Beginners.

If are comfortable with professions, feel free to jump ahead to whatever guide looks the most helpful below:

  1. Ultimate Guide Intro
  2. Creating Your Character
  3. The WoW User Interface
  4. Questing, Combat, and Movement
  5. Introduction to Gear in WoW
  6. You are here
  7. Professions in World of Warcraft
  8. Dungeons and Raids in World of Warcraft
  9. Player vs. Player (PvP) in World of Warcraft
  10. World of Warcraft (WoW) AddOns (for Beginners)

MORE BEGINNER'S GUIDES

How much does it cost to play World of Warcraft (WoW) in 2024?

Beginners Guide to PvP in World of Warcraft (WoW)

Customizing Your World of Warcraft User Interface (UI): Quick Guide and Best Addons

How to Take Screenshots in World of Warcraft (WoW)

Mastering the World of Warcraft User Interface: A Comprehensive Guide for New Players

How to Create Your WoW Character [Beginner’s Guide]

A Beginner’s Guide to World of Warcraft (WoW): Getting Started, Realms, and Costs

World of Warcraft (WoW) AddOns for Beginners

Is World of Warcraft (WoW) Free to Play?

What is a Rotation in World of Warcraft (WoW)? [Beginner’s Guide]

Dungeons and Raids in World of Warcraft (WoW) [Beginner’s Guide]

Professions in World of Warcraft (WoW) [Beginner’s Guide]

Filed Under: new-player-guide Tagged With: beginner, guide

Tags

addon addons addon spotlight allied race allied races battle for azeroth beginner bfa burning crusade classic dragonflight dungeon dungeons flying forbidden reach gear great vault guide guild legion leveling m+ mounts mythic+ mythic plus nameplates new player patch 9.1.5 patch 9.2 raids retail rotation shadowlands the war within timewalking torghast user interface warlords of draenor world of warcraft wotlk wotlk classic wow wow token wrath of the lich king zereth mortis
Avatar photo

About Archdruid Andoris

I'm glad you found me! I am a veteran World of Warcraft player who has played off-and-on since the game first released in 2004. I have been a guild master for several guilds with the focus of helping new players learn how to play the game and try new activities like dungeons and raids. I hope the guides and information on this site help you on your journey thorough Azeroth!

If you have any thoughts or questions on the article, feel free to leave a comment. An e-mail is not required (I just use it to catch spam bots).

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search

More to See

How to Get to the Forbidden Reach in WoW Dragonflight

Dragonflight Gear Embellishments Guide

The Azure Vault Quick Dungeon Guide – Entrance & Bosses

Algeth’ar Academy Dungeon Guide – Entrance, Bosses & Tips

Ruby Life Pools Dungeon Guide – Entrance, Bosses & Tips

Court of Stars Dungeon Guide – Entrance, Bosses & FAQs

Temple of the Jade Serpent Dungeon Guide – Entrance, Bosses & FAQs

Halls of Valor Dungeon Guide – Entrance, Bosses & FAQs

Shadowmoon Burial Grounds Dungeon Guide – Entrance, Bosses & FAQs

Is the Zygor Addon Worth It? Zygor Guides vs. Azeroth Auto Pilot Test

Footer

World of Warcraft, Warcraft, and Blizzard Entertainment are trademarks or registered trademarks of Blizzard Entertainment.

Recent

  • How to Unlock Kul Tiran Humans Fast
  • How to Unlock Every Allied Race in World of Warcraft (WoW)
  • How to Unlock Void Elves Fast in World of Warcraft
  • How to Unlock the Earthen Allied Race in World of Warcraft
  • How to Unlock Lightforged Draenei in World of Warcraft

Search

OTHER LINKS

Privacy Policy

Contact Us

Copyright © 2025 · Magazine Pro on Genesis Framework · WordPress · Log in