The icy art of making gold - Page 61

Tanoh · 04/07/09, 4:31 AM

Originally Posted by charriu

You know that you have a pretty remarkable pile of gold lying around in that guild bank? Averaging 0.6g per gem thats about 2.3k gold...

Yes, but I'm way too lazy to cut them and sell, I'm hoping for either some good new cuts. Though I don't think there can ever be much value in green gems. Too few leveling items have gems (by design according to Blizzard) and everyone who are serious will get blue ones at level 80. I'm hoping they will introduce some more sinks for Jewelcrafting gems that will use Dark Jades and Shadow Crystals.

I don't hang on to them for money really. The last three bank tabs (the two showed and another one with spare gems of all the other types) full of gems. That's, if I remember correctly, 1000+2500+5000 gold worth of storing 5880 (14*7*3*20) semi useless items.

I do wonder what we're supposed to do with them. I like to think that Blizzard have so many employed looking at the game that they must find out "Hey, this item is next to useless. Shouldn't we do something with it?" Sure, some gems or items will always be more valuable than others, but I find it odd that there is no sink for these two gems.

Noekie · 04/07/09, 6:11 AM

Originally Posted by ChaguraED

Just a thought to some of the haggard JC's out there trying to turn a profit. In my efforts to gear up an Elemental spec (shaman) I found that the best ring out there to get a start on hit is [Ring of Northern Tears]. However, I've been searching without luck for three days to find a JC who has this pattern. I know it costs four tokens, but I'm estimating that a markup of 100G over mats could be easily made selling these one the AH.

Are these rings around on other realms, or are the universally scarce?

The issue with that ring is that the people who would see the use of that ring, are most likely to get a faster upgrade in either Naxx 10 or higher. Getting back that 400g investement from the 4 tokens isn't worth it by far.

Aiten · 04/07/09, 6:56 AM

A similar tactic i use instead of the legplates of the conquerer (to much time spent with the smelting etc) is using LW, though it may have already been posted.

I buy up all stacks of borean leather that are under 11 gold and make them into [Nerubian Legguards] these sell for 5g 33s 13c so for one stack of 20 leather that i buy for on average about 9 gold i make 13g ish. Since i spend a lot of time doing other things i tend to buy up large amounts and then go off to uni while my character is making them. Its a good way of just adding to my money i already have.

Exodus-SG · 04/07/09, 7:09 AM

Originally Posted by Schonning

At least on my server, most blue gems are plummeting in value to the point where I don't dare to stockpile more of it. (Talking autumn glow at ~10g, scarlet ruby at ~35g etc)

1x Legplates of Conquest = 3 saronite bars and 2x Crystallized earth

3x saronite bar = ~6g
2x C. earth = ~1,6g

Now if you have an armorsmith/DE (like I do), you can diss these into a Dream shard. Which currently sells for about 15g, and the price will hopefully increase slightly when we see Ulduar dropping.
So that's 7,6g investment ~15g each.With what the AH takes for selling it you should get about 7g each.
Pretty fair if you ask me.

I find it hard to believe that a server with such low gem price can maintain such a high saronite ore price. While the profit margin is high for dream shard, it's not something that move that fast each day to allow you to make gold so quickly.

Schonning · 04/07/09, 7:43 AM

Saronite prices have been dropping lately yes. I expect them to continue to do so all the way til 3.1 at least.

Mugsley · 04/07/09, 10:26 AM

Saronite Ore is starting to rebound on my server. I can't find it below 18g per stack, now, and I've become picky. I'll likely buy a bunch in the near future (again), though. I'm debating starting to buy up some raw red, yellow, and purple gems to help pad my stocks (I have less than a stack of all colors of blue quality). I think I may just sink 1000g into extra raw gems and see where that gets me. I've been a bit more diligent about dailies lately, so I've got some more disposable income than I previously did.

@Tanoh, I understand you're lazy. I'd just like to point out that Perfect Shifting Shadow Crystal sells for 20-30g on my server. True, it's a % drop from cutting, but it can help make you some money from those crystals before 3.1 drops. I've ended up just vendoring the non-perfects because someone inevitably comes along and tanks the non-perfects from either skilling up or mass cutting for perfects. They are selling 10-20 at <2g, so it's not worth it to me to try to compete after deposit+cut.

One other thing you can do is work out an agreement with another JC who has the time to cut those gems or otherwise do something with them; in exchange for something like more ore, more eternals, or other sellable items.

rbbrdckybk · 04/07/09, 10:40 AM

Originally Posted by Noekie

The issue with that ring is that the people who would see the use of that ring, are most likely to get a faster upgrade in either Naxx 10 or higher. Getting back that 400g investement from the 4 tokens isn't worth it by far.

I bought the designs for both the Ring of Northern Tears and the Ring of Scarlet Shadows on my JCing alt very early into WotLK. I almost always have 1 of each up on the AH for about 150-200G over the cost of the mats. I'd estimate that I've probably sold about 50-60 rings at this point, and I continue to sell a few every week, even now.

At 150G profit for each ring, I've made 7500G+ on my initial investment of 8 tokens, and continue to make a few hundred gold a week. Maybe it's a server thing, but on Rexxar I have very little competition on these.

VenomByte · 04/07/09, 11:33 AM

Originally Posted by ChaguraED

Just a thought to some of the haggard JC's out there trying to turn a profit. In my efforts to gear up an Elemental spec (shaman) I found that the best ring out there to get a start on hit is [Ring of Northern Tears]. However, I've been searching without luck for three days to find a JC who has this pattern. I know it costs four tokens, but I'm estimating that a markup of 100G over mats could be easily made selling these one the AH.

Are these rings around on other realms, or are the universally scarce?

Originally Posted by Noekie

The issue with that ring is that the people who would see the use of that ring, are most likely to get a faster upgrade in either Naxx 10 or higher. Getting back that 400g investement from the 4 tokens isn't worth it by far.

I have not seen any JC on my realm, besides myself, who has that recipe. For non hitcapped warlocks, it ranks remarkably highly in its slot Dots and you: The Affliction Warlock Thread and will not be replaced by naxx10 drops alone - which is why I made myself one.

I can confirm that they sell for a decent profit. These days none of the vendor gem recipes will make you any significant amount of gold. Better to spend tokens on this, or sell them.

Tanoh · 04/08/09, 2:02 AM

Originally Posted by Mugsley

@Tanoh, I understand you're lazy. I'd just like to point out that Perfect Shifting Shadow Crystal sells for 20-30g on my server. True, it's a % drop from cutting, but it can help make you some money from those crystals before 3.1 drops. I've ended up just vendoring the non-perfects because someone inevitably comes along and tanks the non-perfects from either skilling up or mass cutting for perfects. They are selling 10-20 at <2g, so it's not worth it to me to try to compete after deposit+cut.

As I have more than a bank page of each (quite a bit more) which was my goal initially. I cut a few random Shadow Crystals a few days ago and tried to sell the perfect ones. I didn't have much success, could move a few of them for 8-9g each but that barely makes it worth the time and deposit if a few fails.

Maybe I'm just grasping for straws but I'm wondering if it's not worth to hang on to these uncut, store space isn't that expensive if you don't mind the hassle of having them hard to reach. Just make an alt and give him some cheap bags and store them in his personal bank space. Or get another alt guild and buy 1-2 tabs of guild bank space. That's a lot of room.

Daenerys · 04/08/09, 7:13 AM

Originally Posted by Tanoh

As I have more than a bank page of each (quite a bit more) which was my goal initially. I cut a few random Shadow Crystals a few days ago and tried to sell the perfect ones. I didn't have much success, could move a few of them for 8-9g each but that barely makes it worth the time and deposit if a few fails.

Maybe I'm just grasping for straws but I'm wondering if it's not worth to hang on to these uncut, store space isn't that expensive if you don't mind the hassle of having them hard to reach. Just make an alt and give him some cheap bags and store them in his personal bank space. Or get another alt guild and buy 1-2 tabs of guild bank space. That's a lot of room.

I had the same problem with trying to sell them. I think I sold 2 Perfect Shifting at around 30g, then others saw what was going on and pushed the price way down to the 8g range, and the volume was so low that competing just wasn't worth it.

I'm also of the opinion that it doesn't hurt to just hold on to them for now. Maybe in the future they will be used in some recipe that can make some money, and since they will never lose their vendor value, there is nothing to be gained from vendoring them now unless you need a capital infusion for another scheme (and most of us in this thread don't seem to need much help with capital...=P).

Mugsley · 04/08/09, 8:22 AM

Of course, the other option is to make a bunch of Icy Prisms. Once Ulduar ramps up, Frozen Orbs *should* drop in price. I know you have.......a lot of green gems, but I can't think of any other way to make proper use of them. I do not foresee any new JC cuts/patterns to use shadow crystals and dark jade simply because Blizzard hasn't done anything similar in the past. The way I understand it, Icy Prisms are their idea of how you should get rid of the non-ring gems.

Mokgral · 04/08/09, 9:37 PM

Originally Posted by Tanoh

As I have more than a bank page of each (quite a bit more) which was my goal initially. I cut a few random Shadow Crystals a few days ago and tried to sell the perfect ones. I didn't have much success, could move a few of them for 8-9g each but that barely makes it worth the time and deposit if a few fails.

Maybe I'm just grasping for straws but I'm wondering if it's not worth to hang on to these uncut, store space isn't that expensive if you don't mind the hassle of having them hard to reach. Just make an alt and give him some cheap bags and store them in his personal bank space. Or get another alt guild and buy 1-2 tabs of guild bank space. That's a lot of room.

Get the autoprofit mod.

Do '/autoprofitx add ' then shift click the item in.

Chuck a few stack in your inventory, create all, go afk for a few minutes, then click the autoprofit icon at a vendor and they all sell.

I find you can clear them out rather quickly using this method.

Berenger · 04/09/09, 5:40 AM

Much of this thread pertains to Jewelcrafting, and while I have made a lot of gold doing that, where my real money comes from is cooking. After all the recipes have been bought with Dalaran Cooking Awards, there is (or was, before the Chef's Hat) little to do with them besides buy spices. As a result, the cost of spices has plummeted on my server to around one gold per. I regularly buy stacks of spices and stacks of Dragonfin Anglefish (which run 30-40 gold for 20), cook them into Dragonfin Filet, and sell stacks of them for around 100 gold.

I would further recommend Ring of Scarlet Shadows and Ring of Northern Tears. At the moment, crafted items are the best way (on my server, at least) to make money using JC. Scarlet Rubies go for over 90g, and Runed & Bold cuts sell for little more. Most other gems sell for a pittance, so buying ore and prospecting specifically for rubies won't always realize you a profit.

If you're leveling an alt, selling cloth is still lucrative.

typobox · 04/09/09, 6:33 AM

Originally Posted by Mugsley

Of course, the other option is to make a bunch of Icy Prisms. Once Ulduar ramps up, Frozen Orbs *should* drop in price. I know you have.......a lot of green gems, but I can't think of any other way to make proper use of them. I do not foresee any new JC cuts/patterns to use shadow crystals and dark jade simply because Blizzard hasn't done anything similar in the past. The way I understand it, Icy Prisms are their idea of how you should get rid of the non-ring gems.

I think the assumption that Frozen Orbs will drop in price might be a little risky. Ulduar's release could mean a lot fewer people blowing through Naxx10 for an easy 16 emblems a week. Heroics are also somewhat devalued considering how easy it is to PuG Naxx, reducing both the emblem supply and the number of orbs dropped off of end bosses. Frozen Orbs are pretty much only useful at the Naxx entry level anyway outside of Icy Prism crafting. I don't see much of a change in demand coming, and supply could easily drop.

Mano · 04/09/09, 7:39 AM

Originally Posted by typobox

I think the assumption that Frozen Orbs will drop in price might be a little risky. Ulduar's release could mean a lot fewer people blowing through Naxx10 for an easy 16 emblems a week. Heroics are also somewhat devalued considering how easy it is to PuG Naxx, reducing both the emblem supply and the number of orbs dropped off of end bosses. Frozen Orbs are pretty much only useful at the Naxx entry level anyway outside of Icy Prism crafting. I don't see much of a change in demand coming, and supply could easily drop.

well, the epic Leg armors also use Frozen Orbs, and so do the Spellthreads, and those will certainly be sought after (plus for the new PVP stuff soon also). Combined with a drop in number of heroic runs at least for the first few weeks, I actually fear a further increase in Frozen Orb cost.