I think everyone has reached an agreement that the issue has been badly treated.
Once this point is reached, and seeing that all parts want to not commit that same mistake again, it's time to move on, and wonder about the future.
The question has been asked, I think in the 1st page, but has been progressively deluding.
It's time to give it back to life.
Do you think we need an specific coded system for the auctions?
That is what should focus our attention now.
In that sense, I'd say that I pretty much share neko's vision (great post, Neko) about the whole idea.
Implementing a thing that would deal with auctions is feasible, yes, and it would drive it in an automated way... perhaps too automated. Till the point that it can loose IC flavour.
Judging from the extract of log Zorbels posted (I wasn't present at the auction event) I must say that it seems it went fairly fine, with the current auction system.
So, while it's true it has it's limitations, the actual system is all text based, and by that, is open to imagination on bidders side. Having a window with the name of object in auction, together with the best bet updated in a label, with the chance to only put a number in there... I feel, as Neko, that it would loose flavour. Has ever been any real issue in an auction that would have gone better if an automated auction system had been implemented?
I think that, if the case arrives, that an auction ends on tie, the auctioner could then take those that equaled the last price, and talk to them, and surely reach an agreement.
And, if the day arrives when there are more than 1 person auctioning an object, we're all enough minded as to stablish turns to auction.
There is a RP chance in an auction (no with the current prices, I must add, those prices are, for me, entirely OOC) and perhaps implementing a system, would turn them into something more rigid. As if you look to the "spell book" but with bets, instead of glyphs.
So, to my eyes, the auction channel, as it is now, has enough potential.
If the playerbase feels the need of creating an automated auction system (special attention to those that attended to said auction, as well as the autioneers, since they must have more experience than me) then thoughts have to be put on it, for some time, before starting to actually code it, to ensure that, the most optimal approach is reached.
For the time being, though, my vision goes with Neko's.