Wizard101 has a Bazaar!
Olde Town is the place to be - there you will find the Bazaar.
Players are able to sell their extra items to a new shopkeeper named Elik Silverfist. That's me on the left! I'll pay you the value in gold for the item based on supply and demand. If I already have lots of the item you are selling me then I will pay you less gold for yours. If I'm low or out of stock on the item you are selling, I will pay you more gold!
This also means that if I have lots of an item already in my inventory, I will sell it for a lower price, and if I only have a few, or one, I will sell the item for a much higher price! All prices are based on my current stock of items, so shop often for that special bargain, young Wizards! And don't worry, if someone sells an item on Wu Realm, and you're on Pixie, you'll see it in my inventory - I've got all the Realms covered!
Players can choose to purchase an item from a shopkeeper or the SHOP button on their screen, and Gift that item to another player on their Friends list.
Not all items are giftable, and only items purchased with Crowns (not gold) can be gifted. Just look for the little gift icon when you're shopping, select an item and click on Gift.
This Gift giving feature is controlled through Parental Controls.
Players over the age of 18 will be able to send Gifts to any other player on their Friends list. Players under the age of 18 will need to enable this feature through the Parental Controls on their account.