When I got my guise I was #1 on the list and it took around 6-8 hours. Got a bit unlucky and the first Assassin had a dagger and got Guise on 2nd one.
Friend camped guise and was #2 on the list. Took him 16 hours to get a guise.
Second time I was at ass/sup camp helping guildies and we had 1 dagger followed by 5 Guises in approximately 5 hours.
So, it varies a lot, but it's not very rare. Definitely the shortest wait of the list camps.
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