Tag Archives: Economy

Profiting off the Darkmoon Faire

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first born to him.

Hey everyone, great news! The Darkmoon Faire is back in town! From now until Saturday, Jan. 7, you can play some games, eat some carnival food -- and oh yeah, make a ton of money off it.

Usually when new content is released, it's only the level 85 characters who can make money hand over fist. But the coolest thing about the Darkmoon Faire is that you don't need to be a level 85 character to participate or even profit off it. A level 20 character can have just as much fun at, get just as much benefit, and even make as much money as a level 85. It just takes the right amount of knowledge.

And, oh yeah, it also takes a Darkmoon Adventurer's Guide. You're carrying one of those on you at all times, right? Right? Well, according to Wowhead, most of you sub-level 85 players aren't. And that's a gigantic missed opportunity for a lot of money -- thousands upon thousands of gold. The kind of money that's just unheard of at lower levels.

Continue reading Profiting off the Darkmoon Faire

Filed under: ,

Profiting off the Darkmoon Faire originally appeared on WoW Insider on Mon, 02 Jan 2012 20:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

How to sell Hagara Pick Pockets to rogues

Posted on by
afrasastraz
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Check out Fox and Basil's reboot of Call To Auction, and email Basil with your questions, comments, or hate mail!

There's a fairly simple way to make gold without professions: Sell summons to a pick-pocketable Hagara to rogues looking to get their legendary quest starter daggers, Vengeance and Fear. These are the most accessible rogue weapons, because aside from picking the pocket of the fourth boss in a raid instance, the quest can be easily completed with a 10k gold and a minimum amount of help. These daggers are the best entry-level options for rogues who PvP or PvE, available as soon as they hit 85 and are capable of completing the quest.

If players are raiders, they'll probably get it for free just by being in a raid that gets to Hagara; however, if all they do is PvP or casual PvE through the Raid and Dungeon Finders, they won't be able to get the first leg of the quest finished. Within a few weeks, most rogues who want to start the quest will have started it. Until then, I've heard of non-raiding rogues paying as much as 25k for the opportunity to pick Hagara's pockets.

Continue reading How to sell Hagara Pick Pockets to rogues

Filed under: , ,

How to sell Hagara Pick Pockets to rogues originally appeared on WoW Insider on Fri, 30 Dec 2011 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: The art of negotiating for luxury goods

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first-born to him. And be sure to catch the return of Basil and Fox's podcast, Call to Auction!

As someone who greatly enjoys getting presents, I love Christmas. But the truth is that I love the day after Christmas just as much. On Dec. 26, all the stores know you're loaded up with cash and gift cards from your relatives. It's the one day of the year where I get to shop for luxuries as if they're everyday purchases.

The urge is there in World of Warcraft, too. I've worked so hard all year long to make money. You have too. But you can't just sit on those millions forever. Money in WoW is a tool -- it's pointless if you don't spend at least a little bit (or, in the case of today's column, spend a lot of it just to prove you can). I'm not just talking Mechano-hogs and Vials of the Sands here, expensive though those purchases may be. I'm talking about the true World of Warcraft luxuries -- your Magic Rooster Eggs and Swift Spectral Tigers, things only a true Auction House maven will ever own.

When an item is being sold in absolute minimal quantity, it's simply impossible for markets to do what they do best. You can't get the opinions of hundreds of sellers, cross-matched against the opinions of hundreds of buyers, to get one reliable, stable market price. You get the opinion of one seller (if you're lucky) cross-matched against your own senses. If you think this is a simple market to play in, you're wrong. It's the elite level, like a game of Jeopardy! where all three contestants are Watson supercomputers. And because it's the elite level, tactics can get (and are almost expected to get) real dirty, real fast.

Continue reading Gold Capped: The art of negotiating for luxury goods

Filed under: ,

Gold Capped: The art of negotiating for luxury goods originally appeared on WoW Insider on Mon, 26 Dec 2011 22:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: A tailoring leveling guide

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first-born to him. And be sure to catch the return of Basil and Fox's podcast, Call to Auction!

Here at WoW Insider, we've been on a beginners' class guide kick. But after taking the time to put together my shadow priest leveling guide (and after reading the warlock leveling guide written by my less talented coworker), I realized that we didn't have any kind of leveling guides for professions. Time to fix that! After all, you need professions to make money.

But first, the most important question: What professions should your character choose? The best answer is always going to be "whatever appeals to you most" -- but if you're a magic-using, cloth-wearing class, I'd recommend you at least take a look at tailoring. By leveling it, you get access to Lightweave Embroidery, one of the best level 85 buffs in the game for casters.

Of course, you can level tailoring on any character, and a lot of the craftables you make can be sold at a profit. But if that character can't use the buffs from the profession, you're missing one the key benefits to max leveling a profession.

Continue reading Gold Capped: A tailoring leveling guide

Filed under: , ,

Gold Capped: A tailoring leveling guide originally appeared on WoW Insider on Fri, 23 Dec 2011 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: Selling valor point gear

Posted on by
valor point vendor
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Check out Fox and Basil's reboot of Call To Auction, and Email Basil with your questions, comments, or hate mail!

Every single content patch, Blizzard turns the tables on gold makers and, for a brief period of time, allows any player to make tens of thousands of gold by selling valor point-bought BoE gear. We've all seen the ads in trade of people looking to buy them or sell them, but most people focus on their own gear first and only think about selling them once they've gotten a few upgrades. Is this unwise?

What if I told you that you could get several thousand gold and still have as much valor gear at the end of the month as your guildie who didn't sell a single BoE? It's all about timing. The valor point weekly cap is 1,000, and in the beginning of the week that valor BoEs are available for purchase, the prices are extremely high. They stay high for a few weeks but quickly plummet as people start to use more points to buy gear for selling. They bottom out eventually when people stop having upgrades available for valor.

Continue reading Gold Capped: Selling valor point gear

Filed under: ,

Gold Capped: Selling valor point gear originally appeared on WoW Insider on Fri, 16 Dec 2011 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

The post-patch 4.3 rare gem market

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first-born to him. And be sure to catch the return of Basil and Fox's podcast, Call to Auction!

Some things in life never change. Heart will always be the best band of all time. Tyler will always be dangerously underweight. And gem prices will always spike after a new content patch, often by 100% or more.

The best way to profit off of (relatively) short-lived price increases is to stockpile ahead of time. While it's clearly too late for that, there are still plenty of opportunities to profit off the rare gem market before demand dies down. It's not too late.

Regardless of whether or not you're a jewelcrafter, you've probably noticed that the market is going crazy. The red gems everyone wants are scarce enough to result in doubled (or even tripled) prices. And because people aren't gemming red because of the cost, more folks are buying orange, purple, and to some extent even blue, green, and yellow gems. Why? Socket bonuses are pretty attractive, and if you're expecting to have a piece of gear for only a week or two, why spend 300 gold, especially when you can get a decent boost out of a gem that costs a tenth of that?

Continue reading The post-patch 4.3 rare gem market

Filed under: ,

The post-patch 4.3 rare gem market originally appeared on WoW Insider on Mon, 12 Dec 2011 21:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: This is the wrong way to do epic gems

Posted on by
boxes vendor
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Email Basil with your questions, comments, or hate mail!

Epic gems are here, and they're designed differently than we're used to. To be specific, they're designed without fairness baked in, which is somewhat of a new feeling for people who weren't around buying epic gems in The Burning Crusade.

Fairness is actually the wrong word for this. Life isn't fair, and neither is WoW. Instead, I'll talk about balance. Blizzard has gone to great lengths to ensure that the game remains fun for as many people as possible by trying to avoid changes that suddenly disadvantage an arbitrary subset of players or shift the desirability of choices made a long time ago.

Balanced changes don't force competitive PvP and raiding group to play the gold-making game to be on a level footing with the competition. They also don't provide a tangible itemization difference between the profession perks of different crafting professions.

Continue reading Gold Capped: This is the wrong way to do epic gems

Filed under: ,

Gold Capped: This is the wrong way to do epic gems originally appeared on WoW Insider on Fri, 09 Dec 2011 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: The future of Chaos Orbs

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first-born to him. And be sure to catch the return of Basil and Fox's podcast, Call to Auction!

When patch 4.3 first launched, the market price for Chaos Orbs on my server was about 400 gold. It didn't take long for the price to fall, though -- as of Dec. 4, the average market price is about 56 gold. Frankly, that's much lower than I'd have expected them to get so soon.

Don't get me wrong, though. I'm not complaining. Quite the opposite: I'm excited. That's because low-priced Chaos Orbs are a tremendous opportunity out there for crafters of just about all stripes.

The current supply

Do you have a large supply of Chaos Orbs sitting in your bags? You're not alone.

As things currently stand, most Auction Houses seem to have a surplus of Chaos Orbs. This shouldn't be too surprising. We've known for quite some time that Chaos Orbs would be going BoE in patch 4.3. A lot of people who didn't have immediate profitable uses for the orbs (such as tailors) saved them up. And now that they can sell the things, they're trying to do just that.

Continue reading Gold Capped: The future of Chaos Orbs

Filed under: ,

Gold Capped: The future of Chaos Orbs originally appeared on WoW Insider on Mon, 05 Dec 2011 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: The future of Chaos Orbs

Posted on by
Every week, WoW Insider brings you Gold Capped, in which Fox Van Allen and Basil "Euripides" Berntsen aim to show you how to make money on the Auction House. Feed Fox's ego by emailing him, tweeting him at @foxvanallen, or sacrificing your first-born to him. And be sure to catch the return of Basil and Fox's podcast, Call to Auction!

When patch 4.3 first launched, the market price for Chaos Orbs on my server was about 400 gold. It didn't take long for the price to fall, though -- as of Dec. 4, the average market price is about 56 gold. Frankly, that's much lower than I'd have expected them to get so soon.

Don't get me wrong, though. I'm not complaining. Quite the opposite: I'm excited. That's because low-priced Chaos Orbs are a tremendous opportunity out there for crafters of just about all stripes.

The current supply

Do you have a large supply of Chaos Orbs sitting in your bags? You're not alone.

As things currently stand, most Auction Houses seem to have a surplus of Chaos Orbs. This shouldn't be too surprising. We've known for quite some time that Chaos Orbs would be going BoE in patch 4.3. A lot of people who didn't have immediate profitable uses for the orbs (such as tailors) saved them up. And now that they can sell the things, they're trying to do just that.

Continue reading Gold Capped: The future of Chaos Orbs

Filed under: ,

Gold Capped: The future of Chaos Orbs originally appeared on WoW Insider on Mon, 05 Dec 2011 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Gold Capped: Relentless markdown wars

Posted on by
gnome beaten up
Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Email Basil with your questions, comments, or hate mail!

I got an email from someone recently about a new competitor.
I have recently returned to the blacksmithing armor and belt buckles market. When I researched my old stomping ground, I found that materials cost has increased, profits are almost non-existent, and competition was rampant! I didn't let that get me down, however. I watched the market, checked the reference data, got a good handle on the situation, then when the time was right, made my move! Competition dropped like flies, profits rose, and life was grand. Then one day, I got a new big-wig competitor.

Continue reading Gold Capped: Relentless markdown wars

Filed under: ,

Gold Capped: Relentless markdown wars originally appeared on WoW Insider on Fri, 02 Dec 2011 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments