Rummys Blog An world of endless Monday

Friday, 9 January, 2009

There goes the neighbourhood

Filed under: World of Warcraft — Andrew.Rowbottom @ 4:58 pm

Jewelcrafting is starting to slump, for sale I said last week that I was bowing out of the [Titanium Impact Ring] market to give a new arrival something to sell. Well suddenly there are 4 makers of this item and the price has taken quite a beating. Fotunately [Titanium Impact Choker]s still seem to be rare, abortion though I don’t expect that to last for long. What people don’t realize is that the mats for the rarer Choker are only a hundred gold or so more expensive than the now common Ring, unhealthy but the markup is about 300g bigger.

I’m still going to keep an eye on the market and keep on playing it while it’s reasonably profitable, but Flowersz has maxed out her JC and is likely to bow out of the entire market soon. She’ll be settling back to learning recipes that are useful to her and selling [Dragon’s Eye]s for insane amounts of money – it’s an impressive return on a daily quest. Though even the prices for eyes is starting to slump, I expect them to drop from their current 400+g to 100g eventually, I’ve seen them for 300g, though not for long – Flowersz buys them up pretty sharpish!

I’m not complaining, I’ve been very lucky in this market. It’s hard to guess how much Flowersz has made, probably in the region of 15-20K, though she has also spent 4k on epic flying, 1k on Cold Weather Flying, 2k on a shield and a further 2k on a ring that she couldn’t be bothered to learn to craft herself. I owe almost all of my profit to picking a nearly empty market, sure there’s a very small demand for the Titanium Impact gear (only two or three a week), but an even smaller manufacturing base. Flowersz was also quite aggressive in undercutting any competition when it appeared, occasionally cancelling and relisting, and accepting only a small profit.

The way I saw it was that as long as I was getting back the cost of the raw mats, covering the AH cut, and still making a couple of hundred profit I might as well craft something instead of simply selling the Dragon’s Eyes on their own. I was also careful to buy the [Titanium Ore] and smelt it into [Titanium Bars] saving a few gold each time.

It’s nice to have some money for a change, Flowersz is sitting on about 10k gold with not much left in the way of BoE gear to buy, and a potential 4k still listed on the AH. She’s still got to get a decent set of gems (1k set aside for this) and the there’s the enchants. That will have to wait until after the next patch with it’s reduced material requirement, though it will still make a big dent in the Bank!

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