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Old 10/16/09, 10:46 AM   #1826
verbanan
Glass Joe
 
Blood Elf Paladin
 
Twisting Nether (EU)
Originally Posted by Taiyoken View Post
I guess he's saying that for people with world drop recipes already. I've been able to pick up a few in the past few months, and I sell like, 2-3 a week. It's not bad for gems that I would otherwise cut and vendor.

I probably would not begin to invest in blue gem world drops, but if you have some, they are usually the ones that sell for a decent amount (for me, I only sell purified twilight opals).
Yeah I got these recipes quite some months ago.

My points is, it's worth buying saronite ore, on my realm at least, because apart from green and blue gems which go to vendor, making some nice steady profit from the rest 4 colors with little effort. Don't start building this biz up now (of course) but if you're an oldschool JC like me with most designs available, you might wanna take a look at these also, not only epics.

Also this might be worth checking once your realm is able to pug Arthas, cause there will be a raising demand on epic gems that time as I see it, making the average player getting epic gems for his fresh 80 alt a big nono. Oh and alot JCs will be camping AH to sell epics that time and frankly I don't like competition

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Old 10/16/09, 12:08 PM   #1827
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
In terms of getting JC/Enc supllies, I find COD Farmers to be a great source. You may be running into a wall in that someone (like me) may already have multiple farmers sending ore/earth/shadow to them, as well as buying off ah in large quantities.

The best way I have found to start getting materials COD is to find someone in trade trying to sell items, and buy them ALL at a fair price. If they seem like someone who farms alot, I will broach the subject of COD delivery, and even take time to explain that it is foolproof (ie they either get the gold, or the items in two days no matter what). One thing to note, do not try for the absolute best possible price from your farmers....... You want them working hard for you. I give my farmers 100% AH pricing from what my long term history is (on my server that is 5g per earth, 13-14g per stack of saronite). The biggest issue I have seen is people low balling big farmers, and either sending them to the AH or to me.

The whole point of having people farm for you is a steady supply. I know I can make 3-4k Infinite dust a week, and price accordingly. Also, if prices take a huge spike, give your farmers a tip, again anything you can do to keep them supplying you rather than the AH is not only good but necesary. Occasionaly you will have to explain that part of the AH price is controlled by how much you (by buying off the farmers and ALL low priced AH materials), and that the AH price does not always reflect the real price for all farmed materials.

By definition, a farmer likes the simplicity of it (ie. I go and farm, I got to town, Profit). They do not like the "risks" or complications (in their eyes) associated with buying mats and using the AH, and as such generaly love any plan that lets them know for sure that "if I farm 24 stacks of saronite, and 2 stacks of eternal earth, "X" will give me 512 g, I better make two more loops around Sholazar". Use this not only to your advantage, but to your farmers advantage, give them definate and identifiable goals, such as "I would like to buy 200 stacks of saronite and 8 stacks of eternal earth on Saturday"

The last thing, touched on above, is for everyone to think there getting a good deal. Once this happens, you will end up logging on to 5 wispers saying "I need to sell you X", generaly at great pricing, even if the AH is empty.

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Old 10/19/09, 10:57 AM   #1828
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
Ok, for the last 3 weeks, I have been selling chalcedony for 5-6 g on the ah, generaly 10-15 a day. While this is great for me as I don't need to turn it into rings to de and still make nice profit off it, I am begining to wonder what I am missing.

Is there somethign that chalcedony is very needed for? I already make a large amount of Skyflare Diamonds, and generaly, I will make Jade Dagger Pendants, as their opportunity cost is lower. What else is this used for, and am I missing a big opportunity?

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Old 10/19/09, 11:04 AM   #1829
 alcaras
Noli timere
 
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Blood Elf Warrior
 
Mal'Ganis
Chalcedony is one of the three gems used in Icy Prism.

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Old 10/19/09, 11:13 AM   #1830
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
If that is it then I am surely selling to suckers. With frozen orb pricing being higher than the avg. return from Icy Prisms, I have not made one of those in 3+ months.

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Old 10/19/09, 12:18 PM   #1831
Hamano
Von Kaiser
 
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Draenei Shaman
 
Sylvanas (EU)
JC daily.

Not everybody who does those dailies also prospects and de's for the money. I myself usually have a stack, but sometimes I miss one of them, and just go the the AH and buy one of the gems (wheter it's 5 or 15g, does not really matter) and finish my daily

I'm sure there are alot of people like this

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Old 10/19/09, 12:50 PM   #1832
ZachPruckowski
Von Kaiser
 
Orc Shaman
 
Chromaggus
On the 3.3 PTR, Arctic Fur is sold for 10 Heavy Borean Leather. Not sure how I feel about this change. On the one hand, skinning an Arctic Fur was a great feeling of "woohoo! unexpected 100g windfall!", but on the other, Borean Leather prices really need to come up from their current lows.

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Old 10/19/09, 3:38 PM   #1833
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
Also, please remember that even though ilvl 200 weapons dropped in Heroics, Titansteel ..... still sold at a nice profit. If you bought in the range of 600-800, you should be able to slowly unload for profit, as there will always be a market for starter weapons. Also, this is a good offhand for classes that need slower weps. You just need to wait until most of the scared people unload their's and sell to people with lots of gold who want to outfit an alt pre-80.

On my earlier topic today, I still cannot figure out what I am missing, even if Icy Prisms/JC daily consume some of the chalcedony's that I sell, the other gems all sell for ~1-1.5 g, so I do not completely buy these explanations.

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Old 10/19/09, 3:43 PM   #1834
Kumar
Don Flamenco
 
Blood Elf Rogue
 
Exodar
Transmute: Skyflare Diamond - Spell - World of Warcraft

would be a good reason for the Chalcedony prices.

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Old 10/19/09, 3:49 PM   #1835
Brekk
Piston Honda
 
Human Priest
 
Zul'Jin
Originally Posted by benisapha View Post
On my earlier topic today, I still cannot figure out what I am missing, even if Icy Prisms/JC daily consume some of the chalcedony's that I sell, the other gems all sell for ~1-1.5 g, so I do not completely buy these explanations.
Well on average an equal amount of all 6 green quality gems will be produced from prospecting if you take a server wide average.

Purple and Green are consumed in Icy Prism and dailies.
Red, Orange and Yellow are consumed in dailies and DE rings.
Blue are consumed in dailies, Icy Prisms, and DE rings.

Now assume the largest volume of prospecting is being done by people doing DE Rings. I've been more careful lately to not consume my blues this way because of their profitability, but I'm sure some people just turn them right into rings for DE after prospecting.

As a result you have a large mount of Blues being consumed for DE before they ever enter the public market, the small remaining supply has to handle demand for icy prisms, dailies and people who buy their gems rather then prospect ore to make their DE rings.

Microeconomics and basic supply/demand explains their current price perfectly.

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Old 10/19/09, 4:08 PM   #1836
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
If it is that simple then I love all the M&S. I even took into accout the Skyflare production, but as I supply a large amount of those, did not see that as a reason. I just wanted to make sure I was not missing out on something.

While I guess I buy this explanation, I usualy use Dark Jade for Dream Shards, and other things for what the most profitable is. Other than the explantion of people mindlessly turning these into items to DE I still don't see the reason for the pricing, in fact at that price, on my server it would be cheaper to just buy a stack of ore, and merchant the rest of the prospected items.

But... the KISS methond works, and I can see many on my server using a gem worth 4.5-5.5 g and 2 crystalized earth worth 1.25 gold, and disenchanting the ring for ~6.25 worth of enchanting mats.

Last edited by benisapha : 10/19/09 at 4:09 PM. Reason: clarification

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Old 10/19/09, 4:13 PM   #1837
Yichimet
Glass Joe
 
Tauren Shaman
 
Twisting Nether
Originally Posted by ZachPruckowski View Post
On the 3.3 PTR, Arctic Fur is sold for 10 Heavy Borean Leather. Not sure how I feel about this change. On the one hand, skinning an Arctic Fur was a great feeling of "woohoo! unexpected 100g windfall!", but on the other, Borean Leather prices really need to come up from their current lows.
I'd expect the fur price to drop more than the leather price to rise with this news, given the ease of farming leather.

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Old 10/19/09, 5:59 PM   #1838
Belegûr
Piston Honda
 
Night Elf Death Knight
 
Kael'thas (EU)
About chalcedonies being so expensive (~15g on my server): they have a lower droprate ("prospectrate", whatever) on saronite, and a much higher one on cobalt. What I'd be curious about is how this could be used for profit (farming/buying cobalt).

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Old 10/19/09, 6:55 PM   #1839
Grigorim
Piston Honda
 
Blood Elf Paladin
 
Llane
About chalcedonies being so expensive (~15g on my server): they have a lower droprate ("prospectrate", whatever) on saronite, and a much higher one on cobalt. What I'd be curious about is how this could be used for profit (farming/buying cobalt).
What is your sample size to make such a statement? Are you comparing chalcedony to the other uncommon gems, or just chalcedony from saronite to chalcedony from cobalt? Wowhead, having a rather large sample size, puts chance of getting any particular uncommon gem from prospecting saronite ore at 18%, with a 25% chance when prospecting cobalt ore (likely to make up for the lesser chance of getting a rare quality gem). Whether it is cost efficient to buy cobalt would depend on the price difference, but since you get less gold from rare gems when prospecting cobalt I do not think it would pull ahead of prospecting saronite (you'd be averaging one chalcedony per stack of cobalt, which isn't so hot).

Last edited by Grigorim : 10/19/09 at 6:56 PM. Reason: clarity

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Old 10/20/09, 12:49 AM   #1840
Elyasviel
Von Kaiser
 
Human Mage
 
Blackrock
I currently have JC/Enchanting and Alchemy on two seperate characters.
Just wondering what do you guys do with Rare gems? I sell my Scarlet Rubies and transmute 1 Monarch Topaz/Autumn's Glow/Sky Sapphire a day but the other gems are not really selling on the AH.

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Old 10/20/09, 1:18 AM   #1841
Merovengian
Von Kaiser
 
Blood Elf Paladin
 
Blackwater Raiders
The reason for the recent rise in price for chalcedony is a simple correlation of 2 small factors adding up to be a large effect.

Recent wowhead datas are showing chalcedony below the 25% mark for average prospect rates, and the old accepted equal green quality drop ratio. Add on top of that the fact that since 3.3, 2 easily farmed icecrown mobs which previously dropped them, no longer do so.

The recent surge in available gear to casuals and alts, including the Ony helms may also slightly swing the meta market up, and as said before, skyflares are the gem of choice.

On an average day I prospect around 100 stacks of saronite, and do the usual enchant mat dance. That said, my sample is small, but I pull in around 30% less Chalcedony than bloodstones, huge citrines, and sun crystals, with a slight increase in the amount of dark jades and shadow crystals. It is all relative, and most definately not empirical, but my personal supply of chalcedony is down b/c of what appears to be lower prospect rates. I cannot give any evidence other than my word. But it would seem given the multi-server trend towards less supply, an asumption can be made for the time being.

TDLR: Supply is down, demand is up = Rise in Price.

I get infractions for being right.

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Old 10/20/09, 5:10 AM   #1842
Brekk
Piston Honda
 
Human Priest
 
Zul'Jin
STOP IT.

Blizzard has no vested interest in changing the prospect rate of a single type of green quality gem. Regardless of your personal streaks of good, or bad luck the prospect rate is the same across all 6 colors.

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Old 10/20/09, 11:19 AM   #1843
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
Elasviel, I cannot speak for everyone, but selling the red gems, and on my server the blue ones as well (10-13 gold a pop, 10 a day with very little returned from ah) makes my saronite cost back. I generaly cut and vendor any excess, as other than a few oddball cuts, it is not worth (in terms of opportunity cost) messing around with the other colors.

I would investigate your ah to find any cuts that sell fast and regular, sell those and then just cut and vendor the rest. For me, even this is enough to cover 40% the cost of a stack, so while at first it seemed a terrible idea after months upon months of cutting rare gems, at this time it is the most efficient.

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Old 10/20/09, 11:35 AM   #1844
 alcaras
Noli timere
 
alcaras's Avatar
 
Blood Elf Warrior
 
Mal'Ganis
benisapha, do you sell your red and blue ones cut or uncut? And are you referring to uncommon or rare gems?

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Old 10/20/09, 11:36 AM   #1845
Terryn
Von Kaiser
 
Blood Elf Paladin
 
Rexxar
Ok so, i have recently noticed frost lotus selling for upwards of 50G+ on my server per herb. Is there just a really really REALLY bad droprate on this, or is there a way to start capitalizing on this? 30-50g per flask on my server is also a really sadening thing.

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Old 10/20/09, 12:05 PM   #1846
klüger
Piston Honda
 
Night Elf Druid
 
Ravencrest (EU)
Anyone else notice a plummet in the gem-market?

uncut gems are going for 20-30g below average cost and the cut are down a similar amount. I'm wondering whether it could be due to some server stability issues we've been having the last few days.

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Old 10/20/09, 2:56 PM   #1847
benisapha
Von Kaiser
 
Night Elf Hunter
 
Zangarmarsh
Alcaras, I sell Scarlet Rubies and Sky Sapphires Cut (Runed and Solid), as this is what sells well on my particular server. In fact the only reason I still prospect ore is due to the fact that these two will pay for 6 stacks, the other 4 rare gems provide 18 g profit from the vendor. If I could not sell these, I would just buy DE mats off AH, as I will not do a step just for "free" mats. So for 6 stacks of saronite, I make ~20g+30 g in cmmon gems. When the gem pricing goes down, I just hold my gems, as at least once a week I can dump 20+ rubies for 50-60 g each.

Kluger, I have noticed a slight decline in Epic cut prices, and a definate increase in raw prices. I have been snapping up gems cheap, both to drive cut pricing up, and to build up a stockpile as I had run dry 3x in the last 2 weeks, so I am changing the amount of epic gems I keep handy. I believe that once again supply and demand is at work (that bugger). People have gotten many of the free epics this patch, and do not need gems for as many pieces at once. Also, more people are catching on to the fact that these gems are worth good gold to a JC, as prospecting Titanium Ore is no where near as easy a way to obtain gems as Saronite (cost and availablity) on most servers. This has let the suppliers of these gems raise prices, as the JC can still make 20-30 g per cut, and for most people this is enough. They dont think that they invest 150g to make 20, as they have no better ideas, so for them there is not much opportunity cost.

My suggestion is to buy cheap gems and wait it out a bit until people get bored/ICC hits. When ICC hits, everyone will be playing the same gear up game again, and profits will flow.

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Old 10/20/09, 3:11 PM   #1848
Xithxocutl
Glass Joe
 
Xithxocutl's Avatar
 
Gnome Warlock
 
Moonrunner
Alchemical and Cooking Bankrollage

This info is based on a mere 7 months of playing and is targeted for sale to players at level 70+:

Pygmy Suckerfish - Average cost per stack 2 to 3 gold. Transmute into Pygmy Oil giving 1 to 2 per fish. Craft Pygmy Oil into Guru's Elixir and sell for 40-60g/stack. - Vial cost 6g80s/stack

Frost Lotus - Lake Kum'ya due south of Amber Ledge. The shoreline has approx 30 spawns of Tiger Lily which gives Frost Lotus about 15% of pulls down from 30% as of 3.22a. Also spawns in WG by itself along the western to northern mountain ridges. Average sale 38-45g/each. No problem snatching a dozen per hour.
A. Also drops crystallized life as a filler on most pulls instead of Frost Lotus at an average of 50% of total pulls netting about 30-40 per hour. Right click into Eternal Life - avg sale 15-22g/each.
B. Tiger Lily crafted into Elixir of Mighty Strength - avg sale 30-40g/stack.

Epic gem transmutes cost under 30g for materials (except Cardinal) and provide a 100g+ boost each day or sell the CD at the going rate of 75-100g.

Deviate fish cost next to nothing per stack, craft into Savory Deviate Delight, (provided one has the recipe), for 20-30g/stack. Best fishing spot is Wailing Caverns, use a lure to insure you don't get the trash fish.

Raw Dragonfin Angelfish - At the borean tundra dock find the first iceberg a bit to the west out from the dock. Pull up a chair behind the iceberg on a piece of floating ice and rack 'em up for 50-70g stack.
Raw Mussleback Sculpin are also good for 20-30g/stack and even the Bonescale snapper trash fish can net 15-20g/stack after being cooked into Grilled Bonescale.

Just these alone have secured 63kg in profit for me, happy hunting.

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Old 10/20/09, 4:11 PM   #1849
Titanstrider
Von Kaiser
 
Night Elf Druid
 
Malygos
Originally Posted by Terryn View Post
Ok so, i have recently noticed frost lotus selling for upwards of 50G+ on my server per herb. Is there just a really really REALLY bad droprate on this, or is there a way to start capitalizing on this? 30-50g per flask on my server is also a really sadening thing.
Previously I expect a lot more groups were working through Ulduar, and once you had cat lady down and Freya still up, a person could farm frost lotus like gang busters using the soft reset of the instance. I did this myself and after spending about 3 hours of in-game time I had over 100 frost lotus for making flasks (along with about 300 of everything else), and I'm still using those flasks months later. I expect others were doing this for gold, and with more groups in ToC there's not as many partial Ulduar clears to farm.

If your guild is willing, have them run up to cat lady so you can get the conservatory teleporter, and then use a stealthing herber to farm it to death. Especially if you don't farm Ulduar any more, this is a great way to supply the guild with flasks. You can get every herb you'd want except icethorn, and get that by flying some routes around Storm Peaks between resets. Gathermate data + Routes addon = simple path to follow to farm it up.

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Old 10/20/09, 4:59 PM   #1850
savernon
Piston Honda
 
Night Elf Druid
 
Mannoroth
Originally Posted by Titanstrider View Post
Previously I expect a lot more groups were working through Ulduar, and once you had cat lady down and Freya still up, a person could farm frost lotus like gang busters using the soft reset of the instance. I did this myself and after spending about 3 hours of in-game time I had over 100 frost lotus for making flasks (along with about 300 of everything else), and I'm still using those flasks months later. I expect others were doing this for gold, and with more groups in ToC there's not as many partial Ulduar clears to farm.

If your guild is willing, have them run up to cat lady so you can get the conservatory teleporter, and then use a stealthing herber to farm it to death. Especially if you don't farm Ulduar any more, this is a great way to supply the guild with flasks. You can get every herb you'd want except icethorn, and get that by flying some routes around Storm Peaks between resets. Gathermate data + Routes addon = simple path to follow to farm it up.
I zoned in to uld last night with my reactivated raid lock from a long while ago. I thought Freya + elders were, it was my surprise when it was just Freya! This is a guaranteed grab of usually 2-3 FL on the low end, with as many as 10 coming out of a single soft reset. It's even better if the toon you have saved is an alt, as you can log in, zone, grab, leave, and then repeat every 30 mins.

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