Making Gold on the AH

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Re: Making Gold on the AH

Postby rodos » Mon Aug 13, 2012 12:50 am

Xfighter wrote:I've pretty much booted the 3 existing competitors outof the market. I'm currently at 23k on the toon with 400 auctions posted and another 2.5 guild tabs filled with gear. I've stopped buying up cheap items in hopes of liquidating more of my stock as for the first 10 days I wasposting auctions as well as buying everything sub 100g and was hardly making profit due to the massive cost of restocking.

What's your strategy for this? Do you just buy anything cheap and try to reset the price, relying on general rarity to allow you to corner the market? Or do you have a few sets that you know are desirable on a shopping list?

What about Cata items - do you think there's going to be a good market for those come Mists, or will it take too long before people get bored enough to start up transmogging again?
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Re: Making Gold on the AH

Postby Xfighter » Mon Aug 13, 2012 10:40 pm

rodos wrote:
Xfighter wrote:I've pretty much booted the 3 existing competitors outof the market. I'm currently at 23k on the toon with 400 auctions posted and another 2.5 guild tabs filled with gear. I've stopped buying up cheap items in hopes of liquidating more of my stock as for the first 10 days I wasposting auctions as well as buying everything sub 100g and was hardly making profit due to the massive cost of restocking.

What's your strategy for this? Do you just buy anything cheap and try to reset the price, relying on general rarity to allow you to corner the market? Or do you have a few sets that you know are desirable on a shopping list?

What about Cata items - do you think there's going to be a good market for those come Mists, or will it take too long before people get bored enough to start up transmogging again?

I bought such a large stock for cheap when entering the market, that they weren't able to compete with the volume I was putting up. I started off trying to reset the price to higher levels, but have since then decided to undercut most items that people post above 200g, and select items below that. Since I buy sub 100g, even selling at 200g it's double what i put in, and in most cases I bought stuff sub 30g.


Undercutting and mass volume seems to have made them move to items I don't do (cloth/leather mainly, leaving mail/plate mostly for me)



Unsure on what to expect for transmog values come MoP, but I'm just focused on finishing out cata as much as I can, and will figure out MoP once I'm done my main priorities in MoP.
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Re: Making Gold on the AH

Postby Mannstein » Tue Aug 14, 2012 7:19 am

halabar wrote:
Jabari wrote:
halabar wrote: Only spot it gets a bit tight is the Outland herbs.


Fixed that. Northrend herbs are super-easy for scribes (go to Sholozar, fly around for 20 minutes, have 15 stacks of Northrend herbs). Outland herbs are a total PITA - there aren't anywhere near as many spawn points. No "bonus Deadnettles", either. Ugh - hate hate hate trying to get those inks.


Outlands herbs were cheap enough for me that they weren't an issue (20G/stack) and there was decent supply, Northrend was 100G/stack, so I actually had to go out and farm those...


Sorry guys, i'm not understanding, why on hell would a scribe be farming northrend?
You could buy cata's herbs and then change the ink... with the added value of keeping the cata's rare pigment instead of the Wrath's rare (useless) pigment.
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Re: Making Gold on the AH

Postby halabar » Tue Aug 14, 2012 7:56 am

Mannstein wrote:Sorry guys, i'm not understanding, why on hell would a scribe be farming northrend?
You could buy cata's herbs and then change the ink... with the added value of keeping the cata's rare pigment instead of the Wrath's rare (useless) pigment.


I was leveling the scribe, so couldn't mill Cata herbs yet.

As a side note, I'm totally not getting into the glyph biz with this, I'll be doing the shoulder enchants, as well cards for the trinkets. I HATE posting and reposting and reposting which is the bread and butter of the glyph biz. The BOA staffs will be a nice side-perk.

I also have a secret side biz that I'm preparing for... mwhahahahaha.....
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Re: Making Gold on the AH

Postby Holyblaze » Tue Aug 14, 2012 3:09 pm

SPILL DA BEANZ HALA!!!!!!!!! PFFT! ,,|,,
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Re: Making Gold on the AH

Postby Holyblaze » Tue Aug 14, 2012 3:13 pm

Mann is 100% on the money with the mill the Cata and use them to buy the old herbs. I have been stocking up a SHIAT TON to sell to all the new Scribes. The old ones are already huge margins for me and only going to be better at the start of MoP. Once we get the new 5.0 patch I bet you wont be able to trade them in anymore. Only the New ink form MoP will work. haha or they will make that change with the start of MoP.

I just know it caught us all off gaurd at the end of Wrath. Sucked.
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Re: Making Gold on the AH

Postby masterpoobaa » Wed Aug 15, 2012 5:43 pm

I'm farming Northrend herbs right now... If only for the reason that they give ridiculous amounts of experience.

3k exp for each herb node on my Level 71 in Sholozar Basin.
Despite the level difference, there are few mobs around the herb nodes and the density of nodes makes it as good as questing and much better then running dungeons for exp/hour gain.
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Re: Making Gold on the AH

Postby Skye1013 » Wed Aug 15, 2012 7:34 pm

Did that with my Tauren Druid from 71-75, then moved on to Uldum. The reduced "cast time" that tauren get, combined with flight form means even if I aggro something, I can usually finish herbing and fly away before it has a chance to kill me. There are a few exceptions (couple of Whiptail locations where the gator spawns directly on top of it) but those are few and far between.
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Re: Making Gold on the AH

Postby rodos » Wed Aug 15, 2012 8:07 pm

Skye1013 wrote:Did that with my Tauren Druid from 71-75, then moved on to Uldum. The reduced "cast time" that tauren get, combined with flight form means even if I aggro something, I can usually finish herbing and fly away before it has a chance to kill me. There are a few exceptions (couple of Whiptail locations where the gator spawns directly on top of it) but those are few and far between.

Similarly for the other side, being a Worgen Druid skinner is also fun in Sholazar if there's someone there doing Nesingwary quests and not skinning the corpses.
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Re: Making Gold on the AH

Postby Mannstein » Thu Aug 16, 2012 3:55 am

Holyblaze wrote:Mann is 100% on the money with the mill the Cata and use them to buy the old herbs. I have been stocking up a SHIAT TON to sell to all the new Scribes. The old ones are already huge margins for me and only going to be better at the start of MoP. Once we get the new 5.0 patch I bet you wont be able to trade them in anymore. Only the New ink form MoP will work. haha or they will make that change with the start of MoP.

I just know it caught us all off gaurd at the end of Wrath. Sucked.


Looool...
Exactly what i thought and have been doing expecialy the part that we were offguard in Wrath...
Already have at least 200inks each, but i'm afraid i'll need more... i have to lose some time doing some milling. I bet the glyphs will go crazyyyyyyyyyyy...
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Re: Making Gold on the AH

Postby masterpoobaa » Thu Aug 16, 2012 10:39 pm

Pyrite ore... Biggest waste in Cata?
Ive got about 20-30 stacks lying around in my bank-alt's guild bank.
Totally forgot about it when I unsubbed, just saw it again today.
What should I do with it?
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Re: Making Gold on the AH

Postby rodos » Fri Aug 17, 2012 12:03 am

masterpoobaa wrote:Pyrite ore... Biggest waste in Cata?
Ive got about 20-30 stacks lying around in my bank-alt's guild bank.
Totally forgot about it when I unsubbed, just saw it again today.
What should I do with it?

If you can afford the space, hold onto it. The price of Titanium was rock bottom at the end of Wrath, but has recovered quite nicely now that all the stockpiles are gone and supply is low. Titanium price is probably being propped up a little by enchanting rods (which will be going away), but mostly for Titansteel for Choppers (and maybe a few other things like Jeeves).

So, I'm predicting that Pyrium may still be in demand throughout Mists for Truegold, which is needed for Vial of the Sands, and maybe some transmog gear. I haven't looked at looked at it lately but belt buckles might be a leveling recipe for Mists blacksmiths too.
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Re: Making Gold on the AH

Postby masterpoobaa » Fri Aug 17, 2012 3:56 pm

Fair enough. I had it in the bank for so long I had forgotten about it, so its not as if I need to dispose of it for gold.
Only worth 1g each now. 20g for a stack... might even buy more?
In the bank it will sit.
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Re: Making Gold on the AH

Postby halabar » Fri Aug 17, 2012 4:15 pm

masterpoobaa wrote:Fair enough. I had it in the bank for so long I had forgotten about it, so its not as if I need to dispose of it for gold.
Only worth 1g each now. 20g for a stack... might even buy more?
In the bank it will sit.


If you have the space, and the gold, perhaps buy a bit more. Thing to remember is it will sell, but you need to make bars and other stuff. Turn it into 3 or 4 forms.
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Re: Making Gold on the AH

Postby Mannstein » Mon Aug 20, 2012 2:31 am

hey,

Just wasted 350k on White Wholly Rhino and "whatshisname" hippogrif (both TCG) directly of the AH.

What's up with this? They had one of each in the AH (About 6different mounts)... Is there any new exploit out there? (Almost spent another 300k on the chicken).

P.S. The seller also offered the Amany dragon for 100k outside AH, but i didn't want lose the money.
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Re: Making Gold on the AH

Postby halabar » Mon Aug 20, 2012 7:54 am

Mannstein wrote:hey,

Just wasted 350k on White Wholly Rhino and "whatshisname" hippogrif (both TCG) directly of the AH.

What's up with this? They had one of each in the AH (About 6different mounts)... Is there any new exploit out there? (Almost spent another 300k on the chicken).

P.S. The seller also offered the Amany dragon for 100k outside AH, but i didn't want lose the money.


Maybe dupers, maybe card sharks, hard to say. When in doubt, buy from the AH, not from trade, you were a wise man.
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Re: Making Gold on the AH

Postby rodos » Mon Aug 20, 2012 2:33 pm

halabar wrote:
Mannstein wrote:hey,

Just wasted 350k on White Wholly Rhino and "whatshisname" hippogrif (both TCG) directly of the AH.

What's up with this? They had one of each in the AH (About 6different mounts)... Is there any new exploit out there? (Almost spent another 300k on the chicken).

P.S. The seller also offered the Amany dragon for 100k outside AH, but i didn't want lose the money.


Maybe dupers, maybe card sharks, hard to say. When in doubt, buy from the AH, not from trade, you were a wise man.

I recently picked up a Deathcharger for 26k on the AH (avoided the trade barkers), and a Vial of the Sands (also on AH) for less than the price of the vendor mats. There's a couple of TCG mounts up on my AH, but nothing really suspicious.
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Re: Making Gold on the AH

Postby Holyblaze » Tue Aug 21, 2012 5:35 pm

Yeah so...I never buy the mounts in game. Only the Blizz Store ones. Where do I look for all these mounts on the AH?
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Re: Making Gold on the AH

Postby degre » Tue Aug 21, 2012 6:10 pm

in the mounts tab?
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Re: Making Gold on the AH

Postby rodos » Tue Aug 21, 2012 6:19 pm

Holyblaze wrote:Yeah so...I never buy the mounts in game. Only the Blizz Store ones. Where do I look for all these mounts on the AH?

Miscellaneous -> Mount

Edit: And right now some guy has 4 Vial of the Sands up for 20k each. Well under vendor mat prices. Someone has a Sands of Time up for < 2k. :evil:
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Re: Making Gold on the AH

Postby Holyblaze » Thu Aug 23, 2012 11:30 am

I did find them...super spensive!
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Re: Making Gold on the AH

Postby Mannstein » Fri Aug 24, 2012 3:16 am

Hy...

Someone bought the TCG chicken mount... I should have bought it...
Now only the lvl20 Spectral Tiger is for sale at 400k... I already have the lvl40 so no fun for me...
Guess i'm back at hoarding gold for the BMAH.

Can't find any herbs at less that 36gold per stack... I'm afraid i won't have enough stock for the next patch.
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Re: Making Gold on the AH

Postby Holyblaze » Fri Aug 24, 2012 4:52 pm

Manns...sry to hear the herbs are still that high. DO you have a low pop server? There is a TON og old gold on my server so the rare stuff is still SUPER high. Most everything else is nice and low.

haha funny thing is an AH Goblin took over the HS market and started it all over at 125g each! I ganked some crystals for 64g each and shattered them for 2 HS and posted at 75g each. Gooder fun!

Also my fellow Goblins, remember that all the people that will be chaning proffesions will need new bags for them all. Buy them materials now while they are SUPER cheap and craft some up.
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Re: Making Gold on the AH

Postby masterpoobaa » Fri Aug 24, 2012 5:46 pm

Holyblaze wrote:remember that all the people that will be chaning proffesions will need new bags for them all.


Agreed. While the price of frostweave is highish, netherweave cloth for goold ole Neatherweave bags is dirt cheap on our server, less than a gold per stack.
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Re: Making Gold on the AH

Postby Nooska » Sat Aug 25, 2012 1:28 am

masterpoobaa wrote:
Holyblaze wrote:remember that all the people that will be chaning proffesions will need new bags for them all.


Agreed. While the price of frostweave is highish, netherweave cloth for goold ole Neatherweave bags is dirt cheap on our server, less than a gold per stack.


Somebody is losing money, I still remember the bottom price of netherweave being set by heavy neatherweave bandages - iirc 3g per stack is a loss on the AH (due to AH cut)
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