Plan is to have everyone that shows up to make a lvl 1 high elf with a name of my choosing (something like name your toon starting with the letters xyz) then meet up at the wizard spire. Once were all there, ill start handing out 100 copper pieces to everyone. Then we will proceed with an auction. To prevent cheating, I will try keeping track of who won what item with what bid. Also encourage others to help. I think this will give everyone a chance at getting items they can use instead of people with lucky rolls getting the majority of items and allow for a bit of strategy. Do you bid others up on items they want to make them spend more and risk getting stuck with an item you don't want? Do you get a nice item you really want for 1 copper?
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Also still in need of donations.