Auction ends at former home of 38 Studios

PROVIDENCE, R.I. (WPRI) - The second auction of items from the former 38 Studios company ended late Tuesday night.

Hundreds gathered on the second floor of the building once occupied by Curt Schilling's failed video gaming company earlier in the day, as the items were auctioned off.

Many who attended the auction were able to buy some high-end computer equipment, video game models, figurines, furniture, toys, and even items from Schilling's personal office.

People who bought some of the larger items will be back Wednesday to pick them up.

Others, like Loren Y'barrondo of Newport and Nathan Wright of Boston left empty handed.

"I was hoping to get some computers but I didn't get to walk away with one," Y'barrondo said, "They were pricier than I thought they were going to be."

"Walking away with nothing," said Wright. "I thought the prices were high for an auction."

Jamie Gotch, a former 38 Studios employee who worked in the Massachusetts office several years back, was also there trying to pick up office furniture for his new company.

"There are some things that are a little sad to see, things that have a little more sentimental value," Gotch said. "The artwork particularly. I worked very close with the artists while I was here. Tough to see some of that stuff go."

Governor Lincoln Chafee has said he's not overly optimistic that the auction will make a big dent in the state's lost money.

Tuesday's bidding is expected to raise more than last week's auction at Big Huge Games , a gaming studio in Maryland. That auction grossed about $180,000, according to 38 Studios receiver Richard Land.

The grand total of revenue raised from Tuesday's auction should be released soon.

38 Studios filed for bankruptcy in June, potentially leaving the state on the hook for close to $100 million related to the deal, when interest is factored in. Rhode Island is by far 38 Studios' biggest creditor.

The failed video game company’s intellectual property was not included in Tuesday’s auction, but instead will be sold off at a separate auction in a few months.