How's your economy?

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12-12-2009, 03:56 AM
Gadzooks

How's your economy?

I spent the little free time I've had this week logging in to check the AH, and watch prices. Here's what's happening on my server:

No real change in saronite, or titanium. Prices are up a little, and twice someone tried to buy out and control the market - I sold into the second, made a quick grand.

Can't see any real change in Eternal prices, which is where I thought the action would be.

Flasks are up, and sell FAST. I sold out my small supply. Not a huge profit, but okay.

Crusader Orbs are plummeting. Last night the spot price was $300 in Trade, about the same on the AH. Lots of armor that requires them are listed for *twice* what they cost before the patch, looks like desperate last minute profiteering, before the unwashed masses know how cheap they are to make now.

Recipes and patterns from Ulduar and TOC are dropping, slowly. I expect this to continue as ICC gear helps people clear both faster and farm it more. My spot price for Merlin's Robe is 2k - I'm 400 from that as of right now. The actual robe is listing right now for 6-8k. I'm watching the bejeweled wizard's bracers, too, I have 4 casters that could use them. I'm also watching tank gear - titanium razorplate among others, and saronite swordbreakers, my pally would love those.

Enchants looks the same, honestly. Mats are holding steady, but as more shards are gotten, the prices will drop. Someone is trying to corner the market on dream shards, but does not look like he's selling any. I think someone may have blown a LOT of gold. :)

Hilts are all the rage, I've seen prices in the 2-6k range.

Two people are buying the Portable Hole 24 slot bag in Shattrath for 3k, and listing them on the AH for 5 or 6k. Havent seen them sell, they are taking a serious gamble someone will be dumb enough to buy.

Not a whole lot of new gear, none of the new patterns, and one Elementium Bar for 1700, lol - havent ever seen one on the AH. (If you don't know, they're for the Thunderfury)

Gems are seeing some action, raw epic gems have gone from 150 average to 250 - I'm listing mine tonight, to sell into the big weekend of everyone running ICC. Cuts the same.

All in all, not as much action as I thought. I think people are too busy running ICC to start really effecting things, we'll see how next week goes.
12-12-2009, 03:57 AM
yaki

Rubies are up about 50g a pop and enchant scrolls are moving decently for once.
12-12-2009, 04:18 AM
Fuzzyboy

Greater cosmic essences are WAY up on my server. I bought them at 16g pre-3.3 and I've sold most of them for 39g each.

Raw gem prices are the same (I suspect they'll start to rise once the current stocks have been bought and next pvp season hits), and some have actually lowered in price, so I'm holding out for now.

A curious thing though, is that the cut gem prices have gone up quite a bit - which indicates a rising demand (first the cut gems go up in price, after that the raw gems), so I'm not sure whether to cut them myself and sell or just wait and sell the raw gems. I think holding out until next season is good either way. People with capped honor are going to need a ton of gems to gem out their new relentless/wrathful pieces.

Dream shards are also up. Bought at 15, selling at 25.

Hilt prices are insane - I sold mine (2) for 3k each and now they're going for like 8k a pop.

Titansteel bars have gone down in price (I bought at 160, prices are currently down to 130), fortunately I only have 11. Might go up once the new tradeskill items start to be more common, so I'm holding out on those also.

Infinite dust is the same, but there are a lot fewer listings on AH than there used to be, normally 12-14 pages, now 6-7, which could indicate rising demand, so I'm holding out here also.

Frost lotus is the same and potion prices are up a bit (frost wyrm sells for 33-35 atm, I bought in for 25). Mojo flasks sell for the same (bought in for 23). I'm going to start selling potions today, and hold out on the frost lotus for now.

Saronite prices have actually gone down (bought in for 2.4g, selling for less than 2g atm), I'm thinking about transmuting them to titanium and just getting rid of them.
12-12-2009, 03:42 PM
David

Maybe this doesn`t work on you server but when I was boosting my teams I looted everything in ramparts. Greens usually DE into 3 lesser essences. Make a bigger one of it and it sells for 20-30 (depending on AH whores). Nice profit profit from one green.
12-12-2009, 05:14 PM
Gadzooks

I'm just asking, because there was a thread about profit taking from the patch, and I wanted to see how it played out. Even sites like Wow.com and MMOChampion were discussing it, and it's not the gold making opportunity we thought it was.

I'm making some good money today, not much compared to the pros, but enough that I'm glad I stockpiled some things.

And you are right, in that BC enchants and mats still sell - Infinite Dust sells as much as Arcane dust. I took out Moroes in Kara a few weeks ago and got the Mongoose enchant, which sells steadily on my server for 250 gold on a scroll - so I'm going to go farm some instances and start selling them, there's only one or two people on my server who do. Crusader still seems to sell, too.

The bummer is I sold off 4 stacks of Large Prismatic Shards a while ago, for a nice profit, now I need to farm more up. I think I'll get my Druid attuned for the option boss in Sekketh, and farm the mount while I'm farming mats.
12-12-2009, 05:21 PM
Fuzzyboy

I really think it's too early to conclude anything, we're forgetting that the new PvP season hasn't started yet :)
12-12-2009, 07:05 PM
Slats

I made 11,000g yesterday and it wasn't even a raid night. My server has a very VERY low Horde pop plus its Oceanic so it only really has one primetime vs my old server which was active round the clock.

Pretty much epic gems are where its at for me. Arena Matches/Stone Keeper Shards/Wintergrasp each week and Conquest badges here and there I had about 20 of everything stockpiled.

Saronite hasn't changed much at all but Titanium has dropped heaps. I'm still making a HUGE profit on it though thanks to X-Mute procs.

Just checked my auditor again and I actually made 17k. I am pretty much off-loading every Abyss Crystal, Dream Shard, Greater Cosmic and a few stacks of Infinite Dust whenever I get them.

Eternal Belt buckles are still very profitable and I'm making my way through the few hundred I had ready made.

Glyphs supply a steady supply of trickle sales. I'm just finishing off both of my tailors so I should start pumping out some Cloth X-Mutes soon enough.

Need to finish 2x Alchemy and Skinning/Leatherworking and all my professions are done ready for Cataclysm. :D
12-12-2009, 11:37 PM
Moorea

I think a bunch of people barely got auctioneer back up and running (me incl.) so I don't think the prices last week are very indicative of the market - this coming week should show some trend
12-13-2009, 02:29 AM
zanthor

I'm particularly watching the Crusader Orbs as I'm making 8 pieces of armor (2 each for 4 toons)... they've dropped from 1K each down to 200g... I bought 7 from a guy for 110g each which is about the spot I figure they'll settle into.

So far this week I've sold 3 nobles decks for 5K each despite the masses screaming that they aren't worth it... and I've cleared about 6K on glyphs. It's been a good week!
12-13-2009, 06:13 AM
Sam DeathWalker

Well Im not high end but I made a killing off of netherweave bags. I bought out all the cloth about a week ago and went down to 200 gold total on all my guys lol. But then I made a ton of bags but didnt put them out while the competition was selling at 9 gold or 10 gold or whatever, I just sat on like 60 bags, then I buy up all the cheaper cloth every 6 hours or so. Then bang on friday no one else was selling bags lol ... I jack mine up to 17G and now I have 2700 gold in the bank! And still no competition and still 40 bags to sell! I had 6 million plat in the bank when I quit EQ from tradeskillz and auction playing. Hopefully some day I do the same here, 3K gold is a solid start (considering I started with 0 gold when I stated wow).
12-13-2009, 06:41 AM
David

Quote:

Originally Posted by Slats

I made 11,000g yesterday and it wasn't even a raid night. My server has a very VERY low Horde pop plus its Oceanic so it only really has one primetime vs my old server which was active round the clock.

Pretty much epic gems are where its at for me. Arena Matches/Stone Keeper Shards/Wintergrasp each week and Conquest badges here and there I had about 20 of everything stockpiled.

Saronite hasn't changed much at all but Titanium has dropped heaps. I'm still making a HUGE profit on it though thanks to X-Mute procs.

Just checked my auditor again and I actually made 17k. I am pretty much off-loading every Abyss Crystal, Dream Shard, Greater Cosmic and a few stacks of Infinite Dust whenever I get them.

Eternal Belt buckles are still very profitable and I'm making my way through the few hundred I had ready made.

Glyphs supply a steady supply of trickle sales. I'm just finishing off both of my tailors so I should start pumping out some Cloth X-Mutes soon enough.

Need to finish 2x Alchemy and Skinning/Leatherworking and all my professions are done ready for Cataclysm. :D

I`m struggling to keep myself alive and pay for the new teams I leveled. I really should level me professions I guess.
12-14-2009, 05:48 AM
Bicizian

stock up on small eggs for the start of winter veil.
12-14-2009, 08:33 AM
Seldum

I used to spend alot of time in the AH to make a profit. Now I just focus on leveling my team and have no clue how the price is developed on my server. Maybe I should look into Netherweave bags... got a ton of them in the guild bank... diden't know what I should use my netherveawe cloth for so I just made bag, lol....

You can never have to many bags.
12-14-2009, 09:26 AM
zanthor

3k gold can powerlevel 1 scribe to 450 easily.

1 scribe + 1 hour a day = license to print gold. I make over 1k a day on Glyphs and turn my excess inks into Darkmoon Cards which still sell for 500-5000G.
12-14-2009, 12:32 PM
Gadzooks

As of this morning, I made 6k for the week, not bad. The new ammo is up on our AH finally, for 11k a stack. Lot of gold for a 24 dps boost, lol - but when more people have the recipe, it might boost Eternal Earth and Shadow.

Oh - and a hilt finally made the AH - 25k. We'll see if it sells. People have been offering 15-16k in trade, so it might.

Had a blast last night, when I could finally get into instances, blew through all of the Anchuidon and Coilfang instances, killing everything, sold everything I found, I have a small fortune in enchanting mats up, let's see if they sell - if not, I'll make some mongoose enchants, which will sell, they're up to 400 on my server. Two of my guys actually got an upgrade from the emblems, too - the pally got a relic, and the druid got one too. The rest I'll probably turn into primal nethers and makes stuff to DE with.
12-14-2009, 08:19 PM
Shodokan

Quote:

Originally Posted by zanthor

3k gold can powerlevel 1 scribe to 450 easily.

1 scribe + 1 hour a day = license to print gold. I make over 1k a day on Glyphs and turn my excess inks into Darkmoon Cards which still sell for 500-5000G.

It should be MUCH cheaper than 3k depending on server to level alchemy and inscription. 3k is about something you can expect to pay for power leveling enchanting or jewelcrafting.
12-15-2009, 04:22 AM
Fuzzyboy

Quote:

Originally Posted by Shodokan

It should be MUCH cheaper than 3k depending on server to level alchemy and inscription. 3k is about something you can expect to pay for power leveling enchanting or jewelcrafting.

Wow, tradeskills items must be a lot cheaper on your servers than on mine.
12-15-2009, 04:27 AM
yaki

Quote:

Originally Posted by Fuzzyboy

Wow, tradeskills items must be a lot cheaper on your servers than on mine.

Ditto, I think it's actually around 3k to 4k depending on how patient you feel like being.
12-15-2009, 12:09 PM
Gadzooks

Quote:

Originally Posted by Fuzzyboy

Wow, tradeskills items must be a lot cheaper on your servers than on mine.

Herbs are cheap on my realm - and there's not much competition for them, outside of Icecrown. Every herber runs straight to Icecrown, I think because they think they get more Frost Lotus there - I get more out of Storm Peaks, myself.

I can get 8-10 stacks of herbs in an hour, on a Sholozar - IC - Storm Peaks circuit, no problem, then either sell them, or make ink - my inscriber has stacks of every ink in the bank, and makes Darkmoon when I have the Eternals.

Sunday night I listed all of the enchanting mats from my BC heroic runs, and made another 5k. I'm quickly approaching the point where I'm going to need to stop playing, but I might try and get a couple herb and ore farming sessions in, retire a couple of my guys with some 245 gear. Prices are slowly dropping on the Ulduar/TOC BoE stuff, and patterns.

If things work out, I *might* be back in January, but I'm thinking of taking a break until Cataclysm. I've never taken a break that long, I've been playing for 5 years, pretty steadily, I need a change! Or, I'll reactivate one of the toons, and play the PuG/solo game, maybe level a DK for once.

I'll still pop back in here from time to time - not too much, because it inspires too many urges. :)