Since right now I can't think of any reason that this would need to remain private knowledge, I'll go ahead and show you what values we put on all the loot we've seen or know about.
Epic Set Piece Values:
Molten Core Loot
(Fixed boss drops)
Choker of Enlightenment -- 75 JP
Earthshaker -- 150 JP
Eshkandar's Right Claw -- 75
Striker's Mark -- 125 JP
Medallion of Steadfast Might -- 100 JP
Aurastone Hammer -- 125 JP
Drillborer Disk -- 125 JP
Crimson Shocker -- 75 JP
Shadowstrike -- 100 JP
Gutgore Ripper -- 175 JP
Azuresong Mageblade -- 125 JP
Blastershot Launcher -- 125 JP
Staff of Dominance -- 150 JP
(Random boss drops)
Salamander Scale Pants -- 100 JP
Dark Iron Ring -- 100 JP
Deep Earth Spaulders -- 10 JP
Manastorm Leggings -- 100 JP
Sorcerous Dagger -- 50 JP
Core Forged Greaves -- 100 JP
Flamewaker Leggings -- 100 JP
Quick Strike Ring -- 100 JP
Obsidian Edged Blade -- 175 JP
Talisman of Ephemeral Power -- 100 JP
(Majordomo chest drops)
Core Hound Tooth -- 125 JP
Finkle's Lava Dredger -- 175 JP
Ancient Petrified Leaf -- 125 JP
The Eye of Divinity -- 100 JP
Wild Growth Spaulders -- 75 JP
Fireproof Cloak -- 50 JP
Gloves of the Hypnotic Flame -- 125 JP
Wristguards of True Flight -- 50 JP
Sash of Whispered Secrets -- ?? JP
Onyxia Loot
Deathbringer -- 175 JP
Ancient Cornerstone Grimoire -- 75 JP
Vis'kag the Bloodletter -- 175 JP
Sapphiron Drape -- 75 JP
Shard of the Scale -- 75 JP
Ring of Binding -- 25 JP
Eshkandar's Collar -- 75 JP
Mature Black Dragon Sinew -- 50 JP
Azuregos Loot
Typhoon -- 125 JP
Fang of the Mystics -- 175 JP
Leggings of Arcane Supremacy -- 75 JP
Unmelting Ice Girdle -- 75 JP
Puissant Cape -- 75 JP
Drape of Benediction -- 50 JP
Eshkandar's Left Claw -- 75 JP
Blue Dragon Sinew -- 25 JP
Kazzak Loot
Infernal Headcage -- 150 JP
Ring of Entropy -- 125 JP
Empyrean Demolisher -- 125 JP
Amberseal Keeper -- 125 JP
Blazefury Medallion -- 100 JP
Gloves -- 125 JP
Eshkandar's Pelt -- 50 JP
Epic World Drops
Teebu's -- 150 JP
Blade of Hanna -- 125 JP
Alcor's Sunrazor -- 100 JP
Hand of Edward the Odd -- 100 JP
Lady Maye's Pendant -- 75 JP
Cloudkeeper Legplates -- 75 JP
Dwarven Hand Cannon -- 50 JP
Blues are given to someone who would actually use them. If no one needs, they're randomly given to someone in the raid group.
As mentioned
in this thread, the important thing is to keep the system zero-sum. If someone gets points, someone else has to lose the same amount. Items are
always purchased. If not, they get disenchanted. (This is where BoE purples are nice. Someone in the guild can buy them if no one in the raid wants them.)