Jewelcrafter + Alchemists = profit?
I have been doing a little bit of math-crafting, and came up with a few tid-bits about jewelcrafting/alchemy which may yield a neat profit when combined.
1) Adamantite ore sells for about 35-38 gold per stack on my server. That means about 9g per prospecting cast.
2) Prospecting adamantite yields on average 1.1 green gems, and 0.2 blue gems. On my server, the avg green gem value i guesstimated to be about 3-4g per. And Blue gems were about 40g per. 1.1*3.5 + 0.2*40 = 11.85g output per prospecting cast. This gives you a profit of 2.85 gold per prospecting cast, or 11.4 gold per stack of adamantite. The only problem then is "getting rid of" the products.
3) Earthstorm and skyfire diamonds can be transmuted once every 20 hours, and by my calculations the actual AH sell price seems to be about 40-60g profit per transmute, in addition to any procs coming from transmute spec. This seems to be a pretty good way of getting rid of green gems. These diamonds can then be sent back to the jewelcrafter who can cut them for another 20-50g markup!
4) With a bit of an initial investment of pattern-buying, you can cut all the blue gems you get and sell them for a 10g-15g markup.
So the end process for making money would be:
Buy up a ton of adamantite ore (buy anything below a threshold cost), prospect it. Buy a ton of primals (fire, air, water, earth), for transmuting diamonds.
Cut the blue gems and sell them
Send green gems and primals to alchemists, who will make earthstorm/skyfire diamonds.
Cut the earthstorms/skyfires and sell them.
Vendor Adamantite powder (or sell mercurial admanatite, depending on market)
I already have one alchemist, and *just* finished leveling 2 more up to 350. Haven't yet finished making them transmute spec yet (I will start as potion spec, then re-spec, as that is much cheaper than donating 4 primal mights)
I will update here once i find out just how profitable it is.
If it works out well, i think it will be a neat low-effort way to make gold without actually killing anything, =P
RE: Jewelcrafter + Alchemists = profit?
Quote:
Originally Posted by 'yarr',index.php?page=Thread&postID=95616#post9561 6
I have been doing a little bit of math-crafting, and came up with a few tid-bits about jewelcrafting/alchemy which may yield a neat profit when combined.
1) Adamantite ore sells for about 35-38 gold per stack on my server. That means about 9g per prospecting cast.
2) Prospecting adamantite yields on average 1.1 green gems, and 0.2 blue gems. On my server, the avg green gem value i guesstimated to be about 3-4g per. And Blue gems were about 40g per. 1.1*3.5 + 0.2*40 = 11.85g output per prospecting cast. This gives you a profit of 2.85 gold per prospecting cast, or 11.4 gold per stack of adamantite. The only problem then is "getting rid of" the products.
3) Earthstorm and skyfire diamonds can be transmuted once every 20 hours, and by my calculations the actual AH sell price seems to be about 40-60g profit per transmute, in addition to any procs coming from transmute spec. This seems to be a pretty good way of getting rid of green gems. These diamonds can then be sent back to the jewelcrafter who can cut them for another 20-50g markup!
4) With a bit of an initial investment of pattern-buying, you can cut all the blue gems you get and sell them for a 10g-15g markup.
So the end process for making money would be:
Buy up a ton of adamantite ore (buy anything below a threshold cost), prospect it. Buy a ton of primals (fire, air, water, earth), for transmuting diamonds.
Cut the blue gems and sell them
Send green gems and primals to alchemists, who will make earthstorm/skyfire diamonds.
Cut the earthstorms/skyfires and sell them.
Vendor Adamantite powder (or sell mercurial admanatite, depending on market)
I already have one alchemist, and *just* finished leveling 2 more up to 350. Haven't yet finished making them transmute spec yet (I will start as potion spec, then re-spec, as that is much cheaper than donating 4 primal mights)
I will update here once i find out just how profitable it is.
If it works out well, i think it will be a neat low-effort way to make gold without actually killing anything, =P
Depends on your server, honestly. It's a complex profession, market-wise, and what pencils out and makes sense does not always happen in the game - I made a few calculations on metagems, and ended up with a pile of them that I could'nt sell for over what i paid for the raw gems, it took weeks to get rid of them just making my investment back.
I'm not saying don't do it, but be ready for the ups, AND the downs. if you're going to buy adamantite, remember that you can get serious streaks of getting crap gems from stack after stack.
The market can change too, very quickly. I managed to corner the market on a few cuts to get my epic flyer, I nailed down two cuts for 3 solid weeks, but only by being extremely aggressive towards undercutters - I set a sell price for cuts, and a max price for raw gems, and I'd log on 3 times a day, buy all raws, buy out undercutters, and then relist them, and my own stock, never more than 10 of a cut at a time. I also mined and added to my stockpile that way. It was VERY profitable, I had many 1000g days, but it was way too much work to do all of the time - you'll spend most of your time at the AH if you want your plan to work, because chances are, every time you list something, 3-4 other people will undercut you by 10% or more (especially with Auctioneer) every time. Once you start buying out the ones 10% below your price, they get wind of it and start doing it intentionally, because they know you'll buy them out. Short term, it's a risk, long term...I don't even want to think about it.
So...if you try this, have a large bankroll set aside to support it. The way to win at the AH game is to bring a stake to the table, a couple thousand or so, to fund your market control. I can't see making any money on a regular basis using your plan, without buying out all raw gems, and buying out undercutters. You'll also need to be logging on several times a day, especially weekends.
Be careful buying cuts. The *really* profitable ones are BOP, and gotten in heroics and above, and the really good ones that are BOE are *really* expensive, and have a lot of competition from badge gems and such. Adamantite powder and mercurial adamantite are a touchy market, sometimes it sells, sometimes it's doesnt. I could never get a feel for those, honestly.
Neat? Yes! The big paydays are awesome, it was great to come out of AV or a heroic and have 1000g waiting. Low effort? No way - it was *work*. Your plan will take as much. The *only* way to profit is to control the market, and that takes a lot of time and a lot of gold.
