@Herman: Gerik said the first person to bid 500z has the win.
@ the Quincy: There can't be offline bids, because not every hat is listed. You can't bid on something that isn't being auctioned.
(I guess there can be an offline bid to the hats that were mentioned already, but otherwise there isn't an offline bid.)
you said your not discriminating? changing time so that europeans cannot join, now thats discriminating the entire server always plans events at 2amish here... /sob