Monday, 28 September 2009

Bugs and Herbs

A few days ago I got contacted by DahL from All My Nuts about his sucess with finding a farmer and as he got a good one he was going to be nice and send me a few for the same price he bought them for, 14g per stack. This combined with a few nice deals from the AH have really started to fill up my herbs stack, and as it was a while since my glyph stock is really going down right now I would have done it earlier, however there was one major problem. Kev Tool Queue, or rather, the skillet version required for KTQ, broke in 3.2.2 making me unable to queue up glyphs without doing it by hand.

So I was stuck with a mountain of herbs that I couldn't move until I either started queuing glyphs by hand or were able to get KTQ working again. But today I solved the problem by downloading this version of Skillet and got it to work, so this Monday (today) I will get crafting again.

Also, this week I will be busy studying for a test on Wednesday and Friday (there's a lot of them right now) so next post will probably not be until Thursday.

Sunday, 27 September 2009


The last few days while studying for a test in school I have realised that writing this blog takes quite some time that could be used for studying and/or gold making (no gold made, no stuff to write about) So to help me manage my time better I have decided to make fewer post with 2-3 days breaks between them to both make the posts longer and more interesting and to help me get time to do other stuff.

Saturday, 26 September 2009

Conclusion on the Gered Experiment

You may remember the level 1 dwarf I made a while ago in an attempt to start making gold at level 1 with only 10 copper. I made a few posts about it and then stopped. Why? Well, the reason was because I didn't do anything. After the first 4-6 days I had made about 25g that, while not a lot, proves that it's absolutly not necessary to be high level to make gold. By making 25g while starting out with 10 copper I've increased my gold amount by 250 000% in less than a week. Obviously the gold increase percentage wise is a lot bigger at lower amounts but it's still a lot.

So I then left him, not feeling it was worth the time any more, but now I have decided to get him back in business, with a small pocket change on about 2000g. He will mainly be used for finding new markets and working them.

Friday, 25 September 2009

Gearing up a tank for less than 2000

Not a gold related post today instead I'm focusing on tanking.

I have planned to start tanking on my death knight once she hits 80 (or earlier) and therefor I need to find a good tanking set to start out with, and as I am of the oppinion that everything can be bought for money I decided to focus only on stuff that can be bought before even setting a foot in an instance. So here's what I have so far, you may notice that the legs and boots aren't buyable but drops in ToC normal. I took them as they were the best stuff I could find that is easily avaible. Bear in mind I will use Rune of the Stoneskin Gargoyle that gives 25 defense skill, which will put me at 1 defense rating below the cap.

I also haven't got that much expertise but I think I will be able to manage with what I have, I think it is around 26-30 expertise (I get really confused by all those ratings) so it's enough to beat the dodge cap, but still not enough for parry (which is at 56 if I got it right). I also lack some hit (got like 10 hit rating with that set) which I plan to find a way to get, maybe through enchants.

Even if this set is far from perfect it should give me a pretty good view on how much it will cost me but as I am using wowhead to see the prices right now it may vary in-game.
I wont bother writing all the names as you can see them yourself by looking at the comparision.
The gear itself will cost a little less than 1800, that's pretty low as I will most likely get the JC epics cheaper as I can make them myself. The epic gems (which I may replace with rare gems instead as I probably wont keep my gear for very long) will together cost 375g + about 300g for the dragon's eyes required for the JC only gems.

That puts the total cost at 2500, or 1850 (I don't know how I got to that conclusion as I said earlier that the gear costs 1800 but I don't have time to check everything up once again) if I use rare gems, which I most likely will do. I consider this to be the maximum price I will pay as it will be pretty easy to get the stuff cheaper than that during a longer period of time (leveling from 70 to 80) by buying underpriced stuff or having them crafted with my mats. That is not counting enchants as I haven't decided what to get yet. The prices may not be exact due to the now ridicolous prices of titanium, but I'll take care of that later.

I'd love if someone good at tanking could give me some advice on either my gear, gems or enchants or just tanking in general.

Thursday, 24 September 2009

Them Prices Be Riding A Crazy Train

Today it was patch day here in EU and it brought a few nice, and a few nasty surprises. We'll start with the bad news, herb prices have skyrocketed, there are only a few stacks left on the AH and they are all between 24-30g. But as you can see on the picture snowfall is way up. I hadn't planned on sell them though (well I did at the time I took the picture), I am going to make far more out of them.
If you have kept an eye on the patchnotes you are most likely aware of the Runescroll of Fortitude that gives a buff similar to the priest fortitude buff. I made a few and spammed trade with them, the AH price was about 20g each with a few for 10.

The mats are one snowfall ink and 5 resilient parchments for a stack of 5. If you've done the math you realise that even at 10g the snowfall will be worth 50g! So how did it sell?
First I got whispered by an old guildie and sold him 33 scrolls for 400g, or 12g per scroll which means the snowfall price was 60g.

The second trade I did must be seen to be belived

Yes, that picture is not fake nor was it a mistake on his part (or well, it was as he paid 33g for a scroll). I still haven't gotten anymore trades and I wasn't really active on the AH today so I'm sitting at about 13 500g.

No luck with the Brewfest stuff so I drank it all to celebrate my sucess with scrolls. According to me Brewfest is pretty much worthless for making gold except if you're going to buy Tankards and sell in a few weeks. Nothing I recomend.

Wednesday, 23 September 2009

Brewfest 2.0

Before anything else, yesterday I promised you a post about making gold during brewfest. The problem is, there aren't really any. The only confirmed way of making gold so far is getting a Tankard O' Terror which is a drop from Coren Direbrew with a lot of competition. I saw about 10 or 15 of the AH just a few minutes ago.

So is Brewfest worthless for gold making? Pretty much, yes. But there is still one thing I'm trying out, without any results so far but I'll see what happens over the night. What I have done is that I bought up one of every brewfest food and drink and put it up on the AH for 4g each. You know how people pay a bunch of gold for ice cold milk during winter veil? I hoped that it would work here as well, unfortunantly I got no result yet.

Now I'll just have to wait and see what happens.

Also, I got to level 70 on my death knight today and bought an epic flying mount putting me back about 4.8k (thanks to rep discounts) to 13 000 gold.

Tuesday, 22 September 2009


I assume you have noticed that brewfest is here, possibly by checking your calenders or maybe because of the people riding around on rams in Ironforge. No matter how you found out there may still be gold to make! How? Well, at the moment I have no idea, but that is what I will do tomorrow. If you got any ways to make gold of the brewfest event feel free to make a comment about it.

I didn't really do anything today except for killing Direbrew (no mount), doing the Brewfest quests and an (incredibly failed) ToC. One of my addons (I suspect it's either auctioneer or auctionator) is currently not working right and freezes the game almost every time I search making it close to impossible to actually post any glyphs. I did make some money over the weekend and I have now ended up at about 17 700g.

Due to the above freezing problem I haven't really been able to do anything so all I could do for today's post was to write a short preview to what's coming up tomorrow.

Monday, 21 September 2009


Today I spent most of my time leveling, and as I am now level 68 I just hit Northrend and took my first steps there (unless you count leveling my main and doing the JC dailies). I hit level 69 and got a bit on my way to 70, where I will get my epic flying mount for 5000g *cries*.

Except for my upcoming depression due to losing 5000 gold I have been doing pretty good today. Not a big increase in gold which I have about 17 000 of, but instead I got myself a bunch of herbs ranging from between 15 to 18 gold. Due to a few reasons I will not tell you the exact amount but I will be well prepared for a short term price increase.

I am also trying to find a way to get my jewelcrafting more profitable as it's currently just sucking the gold out of my pockets as my gems never sell.

That's it for today.

Saturday, 19 September 2009

Spending Day!

As the title says, I have spent a lot of gold today. About 2.5k I think (got some income that makes it hard to be completly sure) on various stuff putting me back to about 16.5k gold. But how did I manage to spend all this gold? Well, I did 3 things:
1. I got my death knight a new haircut and leveled her to 68 and bought a cold weather flying book.
2. Bought a bunch of cheap herbs.
3. Bought a third guild bank tab to store all the herbs.

By combining these three I lost a whole lot of gold, but I see all of them as investments so I haven't really lost anything.

It's late so I won't write anything more today.

Friday, 18 September 2009

A Special Reader

Today as I was standing reposting my auctions I got whispered byt one of my competitiors. As usual I prepared myself for a flame of some kind and thought a bit on what he could want to complain about. Too my surprise he said that he liked my new layout and I assumed he had found my blog, but just to be sure I asked him what he was talking about. He confirmed my guess and we started to talk a little. We got along pretty well, or at least as good as you can when you are two scribes on the same server.

So, I have just got solid proof that another scribe on my server is reading my blog. Am I worried? No actually. I have no problem with this for a few reasons.

First, my competitior told me he's not very serious about gold making and also that my threshold is lower than his (hope I don't make him serious with the upcoming sucess story).

Secondly, even if he was my worst competitior who undercut me 10 minutes after I posted and had 5 of every glyph up on the AH at all time with zero ink costs (luckilly there isn't a person like this, if there were I'd leaft a long time ago) I wouldn't be very worried. The reason is that through my blog I can easily spread misinformation, something I will avoid doing unless I feel it's really necessary. By the way, did I tell you I just bought 5000 stacks of adder's tongue for 2g/stack? ;)

I mentioned a sucess story, and a really good one too. Yesterday I wrote that I had about 14 800g, while I am writing this I got 17 300. So what did I do to make 2.8k in one day? The answer is simple, glyphs. Lots and lots of glyphs (and some scrolls) :D I did a new crafting session today and I now have so many glyphs I can't even fit them all in the bags of my two glyph posters. I am still in search for a herb supplier with no sucess, but I have stocked up some lichbloom in case of a price increase.

Well, that was all I had to say today, I aim to hit 18 or maybe even 19k tomorrow.

Thursday, 17 September 2009

New Layout

I decided to try out a new layout for the blog and would like to get your oppinions on it. So which one do you prefer, this or the old one?


Imagine this, you are happily logging on to WoW to check your auctions. You plan on doing the normal rutine of picking up the gold from your mailbox, canceling and then reposting. You go to the mailbox and notice something is not right! There are only 3 auction sucessful mails in the mailbox, you open them and notice that none of them contain more than 10g! You decide it's just bad luck and post all undercut auctions. The next day you return and notice the same thing and this goes on for a whole week.

If the above scenario was real, what would you do? Well, for the last weeks I have been having that situation and have yet to found a solution. Or well, that was true until today when I finally noticed the reason. What was it? As I may have told you my server currently got pretty low glyph prices, though they are slowly going up. In short, I realised that I didn't have enough glyphs up to get enough sales for it to be profitable, so what did I do?

As the problem was a too small coverage of glyphs I decided the best way to counter it was getting more glyphs. So what I did was that I queued up enough glyphs to make sure I had 3 of each glyph I can make by using Kevmar's addon. This used up most of my ink of the sea and a huge part of my stocked up ink from the big screwup, and I assume Kevmar doesn't like I'm doing that. However I felt it was necessary. Was it worth it? Well, you can decide that yourselves.

The above picture was taken within 30 minutes of my posting and I have already sold more than I sold in a week earlier, not too bad. What I need to do now is finding a supplier, something I haven't bothered with so far as my glyphs have been moving very slow, but now when I start selling them at this rate it seems like I need to get them back.

Well, except from a huge glyph sucess nothing has really happened today. I did a lot of saronite and infinite dust purchases yesterday so I'm down to about 14 800g. I have also started leveling my DK so I can do the JC daily without having to spend stupid amounts of time to kill a mob 5 or 6 level higher than me to notice it didn't drop. I reached level 66 today and aim for at least level 70 for epic flying in Northrend.

Wednesday, 16 September 2009

No post

Due to my illness there will be no post today. I managed to do a whole lot of stuff today though, including getting exalted with the Netherwing! Say hello to Zoya, a nether drake of unknown gender. Well, at least I got a post coming up for tomorrow so you don't have to worry about that.

Tuesday, 15 September 2009

End of the Faire

Finally the darkmoon faire is over, and that means two things.
1. Snowfall ink will be harder to sell
2. Herbs will go down

I have already started to notice both these things and have stocked up about 3-400 extra inks as most of my stock is now turned into lower level inks. I also had some sucess with selling Obsidian Hatchlings for a 50-100% profit. That combined with some sold scrolls and glyphs (though they sell really slow even if I'm the lowest poster) and potentially some gold from the netherwing dailies have put me up to about 15 400g, so I have now reached the 15k mark :D

Sorry for the very short post but I'm feeling really sick today (again) so I am just to tired to make it any longer.

Monday, 14 September 2009

LF Tailor!

A few days ago I made a post about how I had gotten a few free enchant scrolls and at the same time discovered that there was a nice profit in Mycah's Botanical Bag, and I was correct. I had sold both the bags I made within 2 days for about 50-80g profit. Nothing huge but as there isn't a lot of work it's fine for me. The only problem I have had is finding a tailor that knows the recipie. It's a faction reward for being revered with sporregar, and as there aren't a lot of people farming reputation with our favourite mushroom men anymore it's pretty hard to find a tailor with it.

Everything is working good, the herb prices are starting to have some temporal drops, nothing huge but I did manage to snap up 20 stacks of adder's tongue for 18g. The netherwing rep is increasing and I am at about 8000/21000 to exalted.

I'm sitting at a little more than 14 500 gold and should hit 15k in the begining of this week.

Sunday, 13 September 2009

Learning Auctioneer: The Basics

Here you go, as promised, the second post in the Learning Auctioneer series. I apologise for it taking so long but here it is.
So lets start with the first thing you see when you open auctioneer, the search window. Sorry about the crappy quality and the small size, I've spent about an hour trying to find a way to fix this but had no sucess so far. So you will have to click the picture to see what I mean.

On the top left corner within the red box you see a bar with a play button and a few other buttons.
Start Scan: The play button allows you to start a full AH scan that will gather all price information of every item on the AH and store it. This will let you easily see how much an items average value on the AH is by just mousing over it. That way you can easily price your items, though I suggest you also check wowhead and search for it on the AH to see if the auctioneer data is correct.

Stop Scan: On the left there is a "stop" button that (pretty obviously) lets you stop the current scan.

Pause Scan: To the right of the Scan button there is a pause button. Could anyone tell me what it's used for? Yes Timmy, that's correct. It lets you pause the scan.

GetAll Scan: The fast forward button to the right of the pause button lets you do a quick GetAll scan that should take about 2-3 minutes. If I understood it right it will be exactly like a normal scan but faster. Thanks to Jonathan Hunt for telling me what it does and also giving me this link.

I have no idea what the magnify glass buttons does but I have been doing fine without it so I guess they aren't very important. Or at least not necessary.

As you see I have made a search on "Rituals of The New Moon", a nice inscription made book that lets you turn into a wolf.

If you look above the search results you see a yellow bar where I have made some markings.

The # Symbol: On the left side of the bar, marked with pink, you see a "#" symbol. It shows how big the stack is. As Rituals of The New Moon is not stackable it will always show 1 but when it comes to stackable items like adder's tongue it can show between 1 to the maximum stack size.

The Green Fields: Both to the right of the "#" symbol, down in the right corner and a bit down to the left there are three green fields, these are pretty much self-explaining so I wont bother saying anything about them.

PCT: On the far right side in a blue marking there is the PCT value. It shows how much more or less an item is priced for compared to the market value. In this example it is at 208% of the market value, the only reason I put it up for so high is that I am the only poster and I know that if someone wants the book they will have to buy it from me.
The PCT is color marked. If the value is red it's above 150%, 80-149% yellow, 50-79% green and any less is blue.

Amount of Items: Above the green field down to the right there is a yellow/white field that says "Items 1-1 (1 total)". The items 1-1 part means that on this page item 1 to 1 (as it's only one item up) are shown and the (1 total) part means that there is only one up on the AH.

Price Per Unit: To the left of the amount of items you find the Price per Unit check box. This is a really great function in auctioneer, when checked it lets you see stack prices in singles. Lets use an example. There are two stacks of goldclover on the AH, one that contains 5 herbs and one with 12. The 5 herb stack costs 6g22s while the 12 stack costs 15g. Sure, you could do the math to see which one got the lowest price per item but you can also check the Price Per Unit box. It will take the cost of the stack and split it with the amount of items contained in them and will let you see which one is cheapest.

There are several more options which will have to wait. I will still use the first picture in the future post, that's why there are some markings I haven't said anything about here yet.

If you wonder why some markings look diferents than the others it's because I felt that paint just wasn't enough so I downloaded a free picture editing program to do the rest of my markings. As you can see the marks on the bottom on the page are a lot clearer than the other ones.

Saturday, 12 September 2009

No post

Well, once again I'm feeling sick, got a headache, a sore throat and so on. That means I wont be able to give you a new post today, but don't panic. Instead you will get a new post in the Learning Auctioneer series on Sunday. You may remember the last one was pretty crappy, more of a description than anything else, I had planned to make this one a little more detailed.

Friday, 11 September 2009

Free Enchants and Herb Bags

As I was standing in Stormwind, taking care of my own business I saw someone advertising in trade that he gave away free enchanting scrolls at the bank, I decided to check it out and he gave me a few scrolls, not very good ones, most from the 300-350 range I think, about 10 of them.

When I asked him why he had given them away he said that they were just leveling enchants and thus worthless. I told him that all those scrolls were worth about 200g together, he said that if they were greatly overpriced (that would be the regular market value according to auctioneer).

We got into a small discussion about the value of selling lots of cheap stuff compared to selling a few expensive stuff. None of this would have been really important and I wouldn't really have mentioned it in this post if it wasn't for the thing he did next, he linked me a Mycah's Botanical Bag and told me he could sell it for 230g.

I challenge you to guess what I did next! If you guessed I bought it from him to resell it again later, then you guessed wrong. If you on the other hand guessed that I checked the mat prices for this bag and saw if it would be profitable selling it, then you are completly correct. I did a quick search and guess what I saw, the mats were selling for about 130g per bag, that means a 100g profit per bag :O I bought the mats for 2 bags and found myself a tailor who could make the bag (the pattern requires sporregar revered) and had them made.

I put them up on the AH for 30g less than my generous friend (who also happened to be the only poster) and now I'm waiting for them to sell. So I can thank this guy not only because he gave me scrolls worth a few hundred gold but he also showed me a potential new market, I'm also gonna check the netherweave bags market to see if I could have the tailor who made me the herb bags make me a few.

So what's the moral of the story? Well there are two:
1. Never tell another player how you make your gold, especially not if this player shows even a slight amount of intelligence.
2. Ethics have no place on the auction house, if it profits you, do it.

Thursday, 10 September 2009

Helping a Noob

I may just be wasting my time, or I am saving a noob from a life of poverty. Well, you propably don't understand what I mean so I'll take it from the begining. Today while I was taking care of my glyphs as usual I saw a guy yelling that he wanted to sell a Black Rose for 2g. Auctioneer instantly told me it could be bought from a vendor for 50s. I decided to whisper him and do my regular routine (surely spelled wrong) for annoying people.

So I whispered him, offered him 33s for it and we got to the usual begging with "plz", "my main is hacked" and so on, I prepared to do some last comment on how he should make his own gold before ignoring him. But I didn't. For some reason this begger had made me feel like helping him. After trying to help him out I can tell you guys he is a mostly like the average noob, but he do have some experience of the game and is relatively smart (for being a WoW noob).

But to let you know about the helping part, I first told him to install auctioneer, then I spent a while showing him the vendor search function. This part in particular took a while as he went afk when I had made him start the AH scan without listening to the last parts of how to search, so I had to wait for him to come back. All in all this took me about 30 minutes, wasted time you may say, and I am close to thinking so as well.

But there is this small chance that he will use my advice to get into the AH, use the basics I learned him and learn how to use the AH in more complicated ways with professions and other stuff. I will keep track of this guy over the next few days/weeks to see how he's doing and find out if my time really was wasted.

So, with that done the only thing left to tell you is how my economic situation is right now. I got most of my snowfalls sold which netted me about 600g, combined with some glyph sales (still don't make all that much from them, about 200-400g/day), gems and scrolls I am sitting at a total 14 300 gold, approaching the 15k mark :D

Unfortunantly the herb prices have gone up, adder's tongue are up to 30g/stack while the others are a bit cheaper lying a little above 20g/stack,

Wednesday, 9 September 2009

How to Destroy Stocked Up Ink

Today I screwed up. Not one of those small stuff like pricing an item wrong or buying overpriced stuff. If you use Skillet you are propably aware of the buy reagents feature. For you who don't know Skillet lets you queue up a craft list that you can then craft that list by pressing a single button (though you got to press it everytime you want to craft a new kind of item) and also lets you purchase all the needed mats from a vendor (but only if the vendor sells it of course) with a single mouseclick.

This is were the problem is. I am currently storing my inks in my alts' Guild Bank, so I sent some to Belsebub after making a queue and went to the ink vendor to buy what I needed. I then noticed that I didn't have enough inks on me, so I went to get some more from the Guild Bank. When I came back to the ink vendor I once again pressed the buy reagents button trusting skillet would take care of all my purchases for me. Well, that wasn't the case, instead of buying the remaining inks I needed it went through the whole crafting queue buying the exact same inks I had previously (not exactly the same as I had less inks).

So what does that mean? Well, it means I have now traded my whole ink stock for low level inks. While it wont kill me as I will still have the inks, it is annoying and will reduce my flexibility until I get some more, and with the current prices of herbs that could take a while.

On the other hand I have now finished my crafting and got both my glyph alts' bags close to full at the AH and about 3-400 glyphs resulting in a lot of sales. It's nice being back in the glyph buisness again :D

Tuesday, 8 September 2009

The Joys of Milling

As I told you yesterday I bought a lot of herbs, that's great. But now comes the real work, milling. As I now have about 70-80 stacks of herbs and each stack can be milled 4 times I will have to press that button about 300 times.

In addition to that I have the time required to make the inks, luckilly that counts as AFK time and I can do other stuff, like writing on this post or watching TV, while making them. I wont have time for any long post today as my free time has been incredibly small today, so all that is left is to make the inks, and maybe get ready or even do a whole crafting session to stock up on glyphs. I had planned on making 3 of every profitable one which should leave me with a pretty good stock of inks while getting enough glyphs to start getting competive again.

Unfortunantly there has once again been a price increase, I could have choosen to sell the herbs which would have netted me a nice profit but I decided that getting back into the glyph market was more important than some short-term profit.

My enchanting scrolls sold great and I were able to pick up about 600g from the mailbox, at the moment I'm just bellow 13 000 gold, something that will drop once I buy the parchments for all my glyphs but I should be able to survive.

Monday, 7 September 2009

The Darkmoon Faire

If you have read my posts the last week or so you can't have missed that the Darkmoon Faire is coming up, or to be more precise, tomorrow. With it comes some good stuff, and some bad stuff. Today I started to panic as I had less than a day to get ready for a possible jump in the herb prices. As I am already having issues with nearly all of my glyphs being sold out and only 700 inks that I would like to have stocked up in case of an emergency.

So what I did was that I bought up a few stacks of herbs, not any huge amounts, but enough to keep up for a week, for 20g/stack. I then started doing the Netherwing dailies to get a nether drake, just for fun with no gold involved. WoWwiki says that in one day I should be able to reach neutral, but by gathering eggs and using the human reputation bonus (love that thing) I am already up to 2000 rep from honored with 2 netherwing eggs.

But that got nothing to do with this, as I said, I bought some herbs. Later I checked the AH again and saw 56 stacks of adder's tongue for 17g which I instantly bought (Carbon, I can't thank you enough for telling me about Auctionator), the total price was a little less than 1000 gold. A while later the prices had dropped down to 16g but I didn't buy anything as I wanted to let the market drop. With these purchases I'm sitting at about 83 stacks of adder's tongue and icethorn. As I get 6 inks per stacks I can turn them into about 500 inks.

With these herbs I am able to restock on glyphs, but first I'll wait and see if there's a major rise in the herb prices during the week.

Even with this huge purchase I am only down to 12 600 gold thanks to JC and enchanting which means I was up to a little more than 13 500 gold today. So a really great day.

Sunday, 6 September 2009

No post

As usual, no Sunday post. But I can tell you things starts to look a lot better now ;)

Saturday, 5 September 2009

Gems and Enchants

How has my day been? Pretty good, still no low price herbs and nothing from my farmers, I also got a picture that will propably make every scribe looking at it scream! See that search window? Now look at the search results. Who could do such a thing to an innocent herb market?

On the upside I have found a new way of making gold, enchanting and JC. Until now I have been doing some gem posting and made a few scrolls and made a few gold by doing that, but never any real money. Today I decided to start using them and made a bunch of gems and enchanting scrolls, put them all up on the AH. The results were great. The gems were selling pretty slowly, but I got a few epic gems sold. The enchant scrolls sold incredibly fast though. It may be the new arena season or I might have found myself a fountain of gold. Lets hope for the fountain part.

All in all, except for the herb part I've had a really good day. I'm sitting at 12480 gold with sold auctions that have yet to arrive included.

Friday, 4 September 2009

Need More Farm(er)s

Well, I don't have a lot of time to write this so it's just a quick update. Herb prices are rising, my farmer is nowhere to be seen and I'm running out of glyphs. Luckilly I found another farmer who sells me herbs for 17g/stack. While I don't make any real profit from them I still don't loose money and will be able to put up a fasade of some kind of controll for my competition.

These last few days have really shocked me. I have been used to never have enough money to buy all I need and had that as my only limitation. But now, I am suddenly relying on every move of the herb market to get any profit. I belive it has to be experienced to really be understood...

Well, that's it, I'm approaching 12k and really need to fill up my glyph stock to prevent my competition from getting a foot back into the market.

Thursday, 3 September 2009

11k is more than 7000

About a month ago I did a mistake. A huge mistake that may have slowed down my entire AH progress. "What could he have done that caused such huge consequences" you might ask, well, the answer is simple. I bought a Nobles Deck.

Ok, I bought the cards to make a deck. The cost was pretty close to 4000g. Now I decided to sell it with the fair coming up, how much did I get? 4400 gold. That's a 10% profit after a months waiting. I could have made a lot more than that by using the gold spent. Well, too late to do anything about it now, but luckilly this means I just added 4400 gold to my gold pile putting me at over 11 000!

I have also sold all my snowfall ink and got a lot of money from it. So with my newly earned "fortune" I decided to go shopping, Scribe style. First of all I wanted to fill up my stock of ink of the sea some more, I "only" got 708 inks. But as the AH prices were crazy I decided to take a look in trade, every good AH players best friend as the prices are usually very low.

I instantly get whispered by a guy who says he got 350 stacks of adder's tongue. I of course get extremly happy beliving I had found myself a gold seller. He then tells me he want 350g per stack! I told him I wouldn't give him more than 15g per stack for it, he lowered his price to 50g and I gave up.

I checked both Icecrown and Sholazar for farmers but no sucess. I am actually getting a little worried, I got the maths to make lots of gold, now I only need the mats. I haven't heard from my farmer (the other one decided he didn't have time for farming) so I got no herbs today.

I am preparing a huge crafting session to make 10 of every glyph makeable, this will require about 2500 diferent inks. That means I'll need 416 stacks of herbs which will, at 15g each, cost me 6250. I do have lots of gold but I'm not willing to make such a huge risk yet, I will propably just make some of them and do the rest when I get the gold/mats.

Wednesday, 2 September 2009

Spending spending spending

Carbon at A Gnome's Conquest said:

"So I thought about it for a little bit (all of 20 seconds) and decided "what the hell? I've been broke my entire wow career. Worst case - I'll be broke again" lol. And proceeded to invest about 3k into saronite ore and cleaned the AH of eternal earths. All in all I spent 4k or so and was officially broke. Again."

After reading this I realised how right he was, you can't make gold without spending it. So what did I do? I spent a lot (a lot) of gold on eternal earth and saronite ores and I'm right now in the process of making infinite dust for the new season tomorrow as I've just realised I had no preparations for it. If you look at the picture you can also see that I got a lot of gems stocked up, that is mostly rests from old prospects of titanium and saronite when I was to lazy to get rid of them. I also put my death knight in Smacky's guild as it will be easier to acess stuff from one char to another.

With the new arena season coming up there will be a huge increase in the demand of enchants, gems and also glyphs. So I am now using all my huge citrines, bloodstones, sun crystals and chalcedonys to make rings and necklaces to disenchant. So I put my death knight to work making huge citrine necklaces, what happened? This:

That's only about 2/3 of all citrine necklaces and I still got a lot of chalcedony, bloodstone and sun crystal stuff coming up. I have yet to decide if I will sell the mats on the AH or use them for enchants, I will decide that when I see the prices of both enchants and mats.

The glyphs are still selling well, but low, so I have nothing to say there really. I did put my old nobles deck up on the AH and hope to get it sold within the next few days, a 5-6k gold bonus would be nice to have.

Well, I thought I was finished with this post but apparently I'm not. I just went to check my auctions one more time and guess what I found. All my snowfall on the AH had sold out. That means I have sold 84 snowfall inks in just 2 days! When I posted the 12 I had left (got more now as I just did a milling/crafting session) I had sold 3 within just a few minutes.

I assume this is due to the faire coming up but what this means is that I am very close to having free inks :D As I get 12g 19s due to the AH cut that makes the cost for a stack of herbs 2g81s, split that in 6 and you get 46 silver per ink!!! Using the previous calculation of glyph costs that puts the maximum cost per glyph at an amazingly low 1g42s! (I know, I use exlamation marks far to much in this post)

So with my threshold of around 2g50s I make a whole lot of gold, also I don't have to worry about being undercut as I am way bellow everyone else when it comes to costs (or they are just to greedy to sell glyphs for this low).

On top of that I got about 7-800 ink of the sea stocked up and some snowfall that will hopefully sell during the night. All in all I'm sitting at 6432 gold.

Tuesday, 1 September 2009

World of Glyphwar

I am unable to upload an image for today's post for some unknown reason so we'll have to do without it. Today's topic will be the glyph market.

I may have said earlier that I have lowered my threshold to between 2 and 3 gold, making my glyphs very cheap. By having this low threshold I appear to have shocked the market, there is almost no one undercutting me. I have yet to have to cancel more than 25 glyphs (less than 10%) at any time today. None of these were undercut by any of my major competitiors.

So what does this mean then? Yes, that I have found a price where my competition can not get to me without loosing out on too much profit to make it worthwhile. I on the other hand do not care as these prices still keep me above the point where I'll loose gold although I wont make a lot, a price I'm willing to pay to drive the competition away.

So, here's the situation, I got acess to a decent amount of herbs (I just found myself another supplier that can get me the same amount as the other one for the same cost) coming in for a good price, I am not very dependant of the herb prices on the AH and I got a lot of glyphs and ink stored up (though the glyphs are selling out really fast right now).

This means I can dump the prices, get profit and keep my competition out of the market, at least temporarily. By doing this I can hopefully get a bunch of the low sellers, and maybe some of the bigger ones, out of the glyph market. I am also considering lowering my fallback to really show them I'm serious about this.

The problem is of course, the snowfall inks. While my plans look good on the paper (or the computer screen) they are pretty hard to get to work in reality. The big problem is finding a buyer. I have to have a deal that is good enough to make it worth it for the buyer but it must still make up for my costs. The 5 ink of the sea for a snowfall works good for that as I get a nice amount of inks while the customer makes more than he would if he had gone to the ink vendor.

Unfortunantly my server doesn't really have any big card makers. I looked at the AH and saw that there were no one who had more than two or three cards up. This is some trouble for me as I rely on these people to make gold.

So to make sure I got all ways to get rid of snowfall covered I put them on the AH. After a while I got undercut pushing the prices down from 19g to 13-14, so I decided to give back by pushing them down to 12g 80s. This is still profit for me, it's actually more than they would have been worth if I traded them for snowfall.

After buying some titanium for 200g/stack I am down to 7000g, but I did get a little more epic gems than expected (1 more on 5-6 stacks, not anything huge but every little bit helps).