The problem with that as a general mechanism is that (at least in my experience) there are often party members who do not want the loot.
There is no easy fix.
There is no easy fix.
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Remembering Tyneetryk
Phaedreas Tears - 15 years old and first(*) of true neutral guilds in Atys.
(*) This statement is contested, but we are certainly the longest lasting.
<clowns | me & you | jokers>