Making Gold on the AH

Anything, including off-topic posts

Moderators: Fridmarr, Worldie, PsiVen, Sabindeus, Aergis

Re: Making Gold on the AH

Postby masterpoobaa » Sun Sep 23, 2012 4:02 pm

Since 5.0.4 the price of older Greater essences has gone through the floor.

Vanilla essences 25g down to 10g.
BC essences down below 2g regularly.
LK essences 3g now.

Wondering if I should stockpile or not?
Ellifain @ Khaz'Goroth does not approve of torture, save where there's experience/rep/loot involved.
masterpoobaa
 
Posts: 1482
Joined: Thu Jul 31, 2008 5:14 pm
Location: Brisbane, Australia, Earth, Sol, Orion Arm, Milky Way, Local Group, Virgo Supercluster, Universe.

Re: Making Gold on the AH

Postby halabar » Sun Sep 23, 2012 7:39 pm

masterpoobaa wrote:Since 5.0.4 the price of older Greater essences has gone through the floor.

Vanilla essences 25g down to 10g.
BC essences down below 2g regularly.
LK essences 3g now.

Wondering if I should stockpile or not?


Look at the leveling guides and see what's listed, and use that as a guide on what to stock up on.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby masterpoobaa » Sun Sep 23, 2012 10:36 pm

Found another nice little profit margin.
With the plunge in prices of enchanting matts, I'm able to make a tidy profit on certain enchants like
(Vanilla) Enchant weapon: Crusader or (BC) Mongoose.
Those scrolls still sell for 400-500g each.
Ellifain @ Khaz'Goroth does not approve of torture, save where there's experience/rep/loot involved.
masterpoobaa
 
Posts: 1482
Joined: Thu Jul 31, 2008 5:14 pm
Location: Brisbane, Australia, Earth, Sol, Orion Arm, Milky Way, Local Group, Virgo Supercluster, Universe.

Re: Making Gold on the AH

Postby Cogglamp » Mon Sep 24, 2012 6:58 am

masterpoobaa wrote:Since 5.0.4 the price of older Greater essences has gone through the floor.

Vanilla essences 25g down to 10g.
BC essences down below 2g regularly.
LK essences 3g now.

Wondering if I should stockpile or not?


It's a long term play. You'll see some short term downward pressure from all the monks/re-rolls plowing through the same content and providing more materials but I fully expect them to recover at previous prices plus some appreciation due to gold inflation from MoP questing.

I'm stocking up on Vanilla and LK stuff. BC, not so much as it has never been a big money maker for me. The sheer amount of materials you need for LK enchanting leveling up is pretty stiff and there are never enough high level Vanilla materials since people hop to BC the moment they hit 58.
Cogglamp
 
Posts: 726
Joined: Tue Apr 26, 2011 8:04 am

Re: Making Gold on the AH

Postby Cogglamp » Tue Sep 25, 2012 6:13 am

Over the next couple of days, everyone is going to be making gobs of money. I'm going to go ahead and give everyone a high five, a gold star, and cookie now and wish everyone a hearty congratulations.

My request is for people to give informative and insightful plays on what you are doing to reap the benefit. Nice mining loop? Upside down market? Market resets? Plans? Something of that nature.

Holyblaze is grandfathered in with "BAM!" "WOOHOO!" "Get dat shiat" and other like kind responses.

Go forth and reap the bounties laid out in front of us as the mists have descended upon man and goblin alike.
Cogglamp
 
Posts: 726
Joined: Tue Apr 26, 2011 8:04 am

Re: Making Gold on the AH

Postby Cogglamp » Tue Sep 25, 2012 7:01 am

Incoming obvious tip: Check the AH for people dumping Leatherworking and Blacksmithing leveling items. Enchanting seems to be short stocked on dust/essence at the moment or just post them much higher for people looking for quick gear upgrades.
Cogglamp
 
Posts: 726
Joined: Tue Apr 26, 2011 8:04 am

Re: Making Gold on the AH

Postby halabar » Tue Sep 25, 2012 7:48 am

Cogglamp wrote:Over the next couple of days, everyone is going to be making gobs of money. I'm going to go ahead and give everyone a high five, a gold star, and cookie now and wish everyone a hearty congratulations.


Along with that, I'm going to offer a cautionary tale. I wanted to move some goodsngold over to ally side. The best choice appeared to be mounts and pets. Well, the mounts went ok, but the pets.. sellers have come out of the woodwork, and I've spent the last month trying to sell them at a good markup. Not going well sofar. Seems that bored folks were doing dailies, and/or moving them from other servers and/or duping them.

Be very careful with pets.

On a side note, for the last month I've been farming the tiny shale spider that Jadefang drops. Tonight I get to find out how it sells as a caged pet, and if it's worth trying to sell it on a different server, and then buy account-bound stuff there. I have 33 of them. :-)
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby halabar » Tue Sep 25, 2012 11:42 pm

Well, missed the early high prices, but those never sell a lot anyway... so got the hunter to 86, a third of that by mining, and farmed up 50ish stacks of ore. Used 2/3 to get Eng to 580, the rest was posted for 450G/stack, we'll see if it sells, I suspect I'll be undercut overnight.

Funny thing was somewhere I picked up 22 kyparite, not sure where I got it, I think it must have been from a rare I killed. I posted that for 300G/ore, so will be interested to see if that sells as well.

Given the ghost ore spawn rates, I suspect the ore prices are gonna come down fast. But my two areas that I scouted on beta still don't have a lot of traffic yet, so I might be able to get some good farming in tomorrow night.

If my ore is stocked up and I don't have the SoH yet, and the ore's still dropping, I'll feed it all to the JCers, and get that started.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby KysenMurrin » Wed Sep 26, 2012 1:29 am

Yeah, I got two stacks Ghost Iron and 21 Kyparite (not sure how high it stacks, because it ws all in one) from rares dropping bags. Only the blues seems to be a guaranteed drop, though, so farming them isn't going to be so lucrative (wish the gear was BoE).

Spirits of Harmony are gonna be a bitch. Soulbound, and I only have 8.5 from levelling 85-90.
KysenMurrin
 
Posts: 4838
Joined: Thu Jun 26, 2008 6:37 am
Location: UK

Re: Making Gold on the AH

Postby Cogglamp » Wed Sep 26, 2012 6:35 am

My personal feeling is that Spirits of Harmony will become un-soulbound later in the expansion. You can either harvest them now by buying raw materials at inflated prices and hope that you scrounge up some more prior to them being un-soulbound or sit on them and wait to divy them up.
Cogglamp
 
Posts: 726
Joined: Tue Apr 26, 2011 8:04 am

Re: Making Gold on the AH

Postby KysenMurrin » Wed Sep 26, 2012 6:53 am

Interesting thing is they're a crafting mat and a currency for other mats. Right now they're too rare and valuable to ever trade in.
KysenMurrin
 
Posts: 4838
Joined: Thu Jun 26, 2008 6:37 am
Location: UK

Re: Making Gold on the AH

Postby halabar » Wed Sep 26, 2012 7:37 am

KysenMurrin wrote:Spirits of Harmony are gonna be a bitch. Soulbound, and I only have 8.5 from levelling 85-90.


In about 5 hours spent last night, about 3 of it questing, I farmed up 2.5 of them. Found a few spots where I farmed Hozen for a while since the humaniods seem to have a better drop rate.

The challenge is, since they don't drop from gathering (other than Tillers), you need to actively kill stuff plus do your gathering.

But if my mining spots that I was working last night are still relatively clear, I'll spend at least 1/3 of my time tonight farming those areas again, and looking for rares. I need the ore for the JC as well as selling.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby halabar » Wed Sep 26, 2012 7:39 am

Cogglamp wrote:My personal feeling is that Spirits of Harmony will become un-soulbound later in the expansion.


My guess is that happens with the next tier. At that point there's going to be people with hundreds of them, and when they all hit the market it will be wild.


KysenMurrin wrote:Interesting thing is they're a crafting mat and a currency for other mats. Right now they're too rare and valuable to ever trade in.


Once I finish crafting my engineering items for myself, all mine will likely be going to scopes.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby Shoju » Wed Sep 26, 2012 7:46 am

I'm curious if I can coax BLDavis out of the woodwork to comment on whether or not he made any gold on my GB...
User avatar
Shoju
 
Posts: 5068
Joined: Mon May 19, 2008 7:15 am

Re: Making Gold on the AH

Postby Flex » Wed Sep 26, 2012 10:46 pm

KysenMurrin wrote:Interesting thing is they're a crafting mat and a currency for other mats. Right now they're too rare and valuable to ever trade in.


Dual gatherers will have zero use for them, so the trade in system exists for those players.

I made about 20K gold selling ore for 450 a stack before the market crashed. They seem to be down to 150 a stack now.
We live in a society where people born on third base constantly try to steal second, yet we expect people born with two strikes against them to hit a homerun on the first pitch.
User avatar
Flex
 
Posts: 4677
Joined: Tue Jul 10, 2007 7:29 am

Re: Making Gold on the AH

Postby halabar » Thu Sep 27, 2012 8:28 am

Will be interesting to see the wave in ore prices this weekend. I'm expecting a boost on Friday as new players suck up all the supply, another boost Sat morning for the same reason, and then a gradual crash as the kids that farm bury the AH in supply.

I'm at 7200 in ore sales, would be higher but I leveled some of my Eng and JC.

Took a look at pet prices, and I may sit on the bench for a while on this. the unwashed masses have started dumping every pet under the sun, at prices that make it not worth me getting seriously in that market. I might have to wait for supplies to dry up before going after it. I'm even considering flipping some pets. Saw the clockwork gnome for 1500, and even the magical crawdad for 1500. I'd sell mine, but not that cheap. So when the masses have sold off their rares cheap, there might be room to make some real money from this. But not yet... (will watch this weekend to see if there's a sudden demand from the new players first hitting it).
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby KysenMurrin » Thu Sep 27, 2012 2:06 pm

Levelled up my Alchemy today and think I got pretty much every recipe discovered. Taking a chance on Living Steel, dunno if it's selling yet but right now the price of one bar is way, way over the cost of 60 ghost iron bars to transmute.
KysenMurrin
 
Posts: 4838
Joined: Thu Jun 26, 2008 6:37 am
Location: UK

Re: Making Gold on the AH

Postby halabar » Thu Sep 27, 2012 2:33 pm

KysenMurrin wrote:Levelled up my Alchemy today and think I got pretty much every recipe discovered. Taking a chance on Living Steel, dunno if it's selling yet but right now the price of one bar is way, way over the cost of 60 ghost iron bars to transmute.


Sales might be slow until the crafters that can use it catch up. Danger is that the masses might panic and dump because of that if they don't get immediate sales. If you have the pockets and the bars are cheap enough, you might want to suck some up to prevent flooding.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby Holyblaze » Fri Sep 28, 2012 10:12 am

Okay fellow Goblins.

I sold alot of stacks of ore for 100g an ore in the first few hours. Went to bed at 6:30am server time and BAM! By the end of the fisrt full day in MoP..the ore was down to 10g each. WTF! So much supply out there. I almost lvl by mining! I think that they might nerf the node spawn rates like they did in Cata. haha hell...even cloth is droping for me like rain!

I have sold 2 living steel's for 4500g each! LOVE IT! Wish I had more ALchy's now. haha BAH!

With the price of ore and cloth so low I have lvled BS, Engie and Tailoring. LW even. SO DAMN LOW ON MAT COSTS!
"Take what you know of the Light...when you walk in darkness." - Mom
Holyblaze
 
Posts: 551
Joined: Mon Aug 17, 2009 7:55 am
Location: Alaska

Re: Making Gold on the AH

Postby Flex » Fri Sep 28, 2012 10:30 am

Holyblaze wrote:With the price of ore and cloth so low I have lvled BS, Engie and Tailoring. LW even. SO DAMN LOW ON MAT COSTS!


My theory is that they designed node spawns around "getting what you need without farming."
We live in a society where people born on third base constantly try to steal second, yet we expect people born with two strikes against them to hit a homerun on the first pitch.
User avatar
Flex
 
Posts: 4677
Joined: Tue Jul 10, 2007 7:29 am

Re: Making Gold on the AH

Postby Cogglamp » Fri Sep 28, 2012 10:42 am

They're low on a relative basis but anything over 50g a stack is pretty good. Most of my realms are still chugging along at 75-150g/stack.

There are still gross inefficiencies right now. Most of them being in the enchanting market with the ability to convert materials (especially Essences) in certain directions. Sha leather to Exotic leather hasn't been fully flushed out and neither has cloth/bolts and prospecting of gems. Enchants are beginning to move which is nice so establishing your market price is important.

It's still been a gold bonanza. You have to do a little more work than we did in Cata but the profits are still there.
Cogglamp
 
Posts: 726
Joined: Tue Apr 26, 2011 8:04 am

Re: Making Gold on the AH

Postby KysenMurrin » Fri Sep 28, 2012 12:23 pm

Sold 2 Living Steel to a buyer who offered 2500. Market price was around 2800 a the time but not selling, and the mats are 750g (250g per stack of Ghost Iron Bar, 2 ore is about same price as bars atm so I don't bother smelting), so making 1750g a bar, not bad.
KysenMurrin
 
Posts: 4838
Joined: Thu Jun 26, 2008 6:37 am
Location: UK

Re: Making Gold on the AH

Postby oldboyz » Mon Oct 01, 2012 6:13 am

same on my serveur : massive raw mat at AH while customers are not yet here (the hardcore lv90 ready to raid are very few while they almost all know in their guild the right people to get cheap stuff)

i've bought large stock of ore, around 40k,(all stack under 220po) but not yet any profit in JC and enchant. i xp rather than relist on AH
now ghost iron ore is still around 10-12 po for several day now and still many available
JC : this week end, i've bought all nicer gemms below 200po (around 15k), hope i will get some ROI on it
enchant : market is low. i'm not enought confident to buy all & relist (shuffle can kill me if ore go down)

i find herbs quite expansive : around 6-10po with large large stock on AH (15pages+)
while market not yet ready to buy flask & shoulder enchant (and the first price for it is quite low, i've bought all shoulder enchant below 500po and relist 1k)
i feel very unconfortable with Inscription as glyph market is dead for long (many compet, glyphs are around 50po - margins is too low to be interesting for me)
oldboyz
 
Posts: 171
Joined: Wed Nov 05, 2008 9:48 am

Re: Making Gold on the AH

Postby halabar » Mon Oct 01, 2012 7:28 am

Large dump of mats on my server, ore is selling decently, but it's not the bonanza that we had in Cata, due to longer time to farm, gates on crafting, and I think less crafting alts. I've been selling some ore, but buying herbs as I can't be bothered to try to level an herber right now while still leveling my mains.

Leather is a real dissapointment. Spent 2 hours skinning on Sat, got 2 of the Hides, 4 stacks of the leather, and 20 stack of the "scraps", only the regular leather sold, far too many skinners out there, prices were way down expect for the hides, but no one is buying those. (Maybe few LW left?..)

As soon as my spriest hits 90, the hunter will go back out to level more, mostly by mining. I saw 5-6 trillium nodes out leveling, so I have an idea where they are now.

Looks like the real money this expac might be later on with the living steel transmutes, flasks, and JC. There's too many people out farming this go around, and the SoH are slowing things down.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

Re: Making Gold on the AH

Postby halabar » Mon Oct 01, 2012 7:45 am

Another thing.. looking at the price dumping, this may also quickly be the expac where I post on Fri, then stay the hell away from the AH until Tuesday. Too many goobers that undercut by 50% or more just to get a quick buck. Really.. I was selling Ghost Iron Dragonlings at 1150, and a few goobers came along and lowered the price to 350. Why? Even if you are making them to level, you still have to wait a little bit for them to sell, dumping the price because they are not selling like the gems did when LFR first hit doesn't mean they won't sell. People are idiots.
Amirya wrote:... because everyone needs a Catagonskin rug.

twinkfist wrote:i feel bad for the Mogu...having to deal with alcoholic bears.
User avatar
halabar
 
Posts: 6557
Joined: Fri Jun 08, 2007 8:21 am
Location: <in the guild that shall not be named>

PreviousNext

Return to General

Who is online

Users browsing this forum: No registered users and 1 guest

Who is online

In total there is 1 user online :: 0 registered, 0 hidden and 1 guest (based on users active over the past 5 minutes)
Most users ever online was 380 on Tue Oct 14, 2008 6:28 pm

Users browsing this forum: No registered users and 1 guest