AH Glyph experiment

This week I tried to see if I could raise the average price of glyphs on my server.

On monday I was looking through the ah glyphs to see which ones were not on the ah and which ones only had like 1 or 2 posted at low prices so I could buy them out and re post higher. Then I saw this guy posting glyphs for 250 gold,and he was the only seller. I then thought "there's no way someone would buy a glyph for that much, the highest I've ever sold one for was like 125g" then it hit me. "they would buy it if all other glyphs were in the same price range, and if it was the only one on the ah" so I went through the ah and bought all glyphs that had 5 or less glyphs in it's market for under 50g, and re posted them in batches of 5 for 225g each, just to see if they would sell. And did they ever. When I checked my AH toon a couple of hours later to post gems I had over 6000 gold waiting for me in my mailbox, 90% of it was from glyphs. Then I checked my AH post and had about another 20 items that were sold but in que to pay me and more than half of them were glyphs that I had reposted at 225g and the other ones were at 50g and above.

  I had a huge success on the first day of trying this that i repeated the process the next day and day after. I didn't make as much as I did the first time I did it but I was raising the prices of glyphs witch was my intended goal.

  Then I thought it would be awesome to buy all the "of waves" cards to make the tsunami deck for my priest, that pretty much ended my glyph experiment. after I had the tsunami deck, and volcano deck (might as well get both right?) I was pretty broke and I could not afford to experiment with my gold until I had a safe nest egg to fall back on just in case.

  A couple days after I stopped, glyph prices dropped back down to almost were they were before I started. It seems like they sell for a little more on average than they use to, but for all I know they will drop back down to were 100g is a lot for a glyph again. It seemed like my idea to try and raise the glyph prices was working, which I did not think it would. I thought as soon as I posted them at 225g each other people would undercut me by about 150g to 75g, and mine would be the only ones listed at above 200g. But that was not true, people would undercut me by the normal 1g, or 1 silver like I hoped they would.

I do plan on trying this experiment again but with a little more organization and planning. I supply roughly 20% of the glyphs in the glyph market, and sometimes 50% depending on the week, so I do have an influence over the prices on my server. I think If I check what the average glyph sells for for a week and then the average price after I try to raise the price again that might work. Also I need to have a huge stockpile of all glyphs.

Cata proffesions so far

Every since cata came out I've spent close to 100k gold, and I've made not nearly as much because instead of farming i decided to level professions, which was a good move :)

So far I have 3 maxed transmute spec alchemist maxed and 2 maxed JC's. Today when I did my 3 truegold cooldowns I got 2 1 procs. So instead of getting 3 truegolds I got 5, and sell each for 1300g, which is really nice. Also the only reason I have 2 jc's is because the only way to buy recipes is by doing the jc daily which you can only do once a day. so now every 3 days I get 2 recipe's instead of 1, and the way to make gold with jc is to sell as many different kinds of gems as possible.

weekly data report 3

I haven't done one of these in a while, but here is a nice screen shot of the addon that tracks all of my gold.

(what are the chances, as soon as I took the pic someone flew through my toon)

Well it looks like from just selling green gems and glyphs I have been able to make 10k gold, and I spent about 20k leveling professions. I'm just excited to be able to sell a ton of stuff now like I did before the end of wrath.

LV 85

Ever since cata came out all i was doing was leveling up my hunter, and very little of anything else.

So I tried to farm to make some off that insane gold that you can make at the start of an expansion, but it got really boring so I gave up. instead I spent about 20k leveling up my engineering and jewel crafting.

Man this is a lot shorter of a post than I wanted it to be, I have been selling green gems for over 100g and that's about it so far, I have been spending to much time questing to be playing the ah, and I still have to level my priest to 85, uhhhhh.

Leroy Title

Well I was doing Blackrock spire on my mage and our group goes into a room with some dragonkins and eggs all over the floor. Then all of a sudden it dawned on me "this is the room were you get the Leroy Jenkins title, like from the video I've seen a million time". so our group promptly  wipes on the whelps and everyone leaves group. So I hop on my hunter to go get the easiest title to obtain in the game.

It wasn't as easy as I thought it would be (man I miss my volley :( ). So I run in their and turn my monkey pet boots on aggressive and start clearing trash. Then I get to the room with all the whelps and could not figure out how to open the eggs (all you have to do is make contact with them with your toon). So as I was gathering them all up my health started dropping really fast, and let me tell you it's pretty hard to kite 50+ mobs at the same time (not impossible but still pretty hard, I did) and when I got What I thought would be enough I dropped a frost trap/ disengaged and hit multi-shot two times in a row. Muti-shot + Improved serpent string + Serpent spread = Huge lag spike when used on 50+ mobs at the same time. So when my screen unfroze I had the achieve and a whole bunch of dead whelps.

  Then I did it again on my druid to get a nice screen shot of actually getting the achieve.

(it would have been so much easier if I had volley still:( )

Boa Enchanting scrolls

While waiting for cata to come out I stopped selling anything that has to do with end game content. Because of that I only selling about 25% of what I usually do, mainly glyphs, boa enchants, and vendor flips.

The 3 most popular boa enchants are Fiery Weapon, +15 agility to weapon, and the +100 health to chest.
By most popular I mean the ones that are almost always going to sell, and easy to obtain. Of course the crusader enchant sell just as well, it's not as easy to get.

The best caster boa enchant is the mighty intellect enchant, and it's way easier to get than the old best caster boa enchant the +30 spellpower enchant that only drops from molten core bosses and has like a 1% drop rate. (I was lucky enough to see the spell power recipe on the AH for 4k gold)

The best rogue/hunter enchant is the +15 agility to weapon, and the best every other melee class enchant is the crusader enchant.

Just because those are the best 4 enchants doesn't mean people won't buy the other less popular ones as well.
Icy chill
Mighty Spirt
Chest-Greater Stats
Unholy Weapon
Strength
Boots-minor speed
2H-Weapon Agility
Lifestealing

Making gold during cataclysm's launch

During the first couple of days and weeks after cats's launch the absolute best way to make gold is to farm herbs, ores, and skins. So if your miner, skinner, or herbalist, is not level 75 yet, you better start working on them now.

Now to let you know a little bit about me and farming.

I hate farming for anything.

I will only ever farm if I absolutely have to.(like when I really want an invisibility potion and there are none of the herbs required to make them on the ah) and I'm gonna farm during the first couple of weeks of cataclysm because of how ridiculously high you can post your stuff, and people will pay for it because everyone is gonna want to level their professions as fast as possible, and some of them even save up to buy them during launch.

Of course after the first couple of weeks of cata I'll never farm again.(those hours I spent flying around Sholazar Basin everyday still haunt me *shudders*)

The Dark Iron Pulverizer

There I was, on the ah looking for the plans for mithrill spurs to power level my Blacksmith when all of a sudden I come across Plans: Dark Iron Pulverizer.

I think "man that's one badass hammer, I would be invincible in battle grounds on my warrior If I had one of those" and that's all it took for me to go on a 3 hour long journey to obtain said hammer.

The mats for the hammer are 18 dark iron bars and 4 heart of fires, which is really easy to obtain. Or so I thought.

The heart of fires was easy but the dark iron is a real pain. turns out it takes 8 dark iron ores to make one dark iron bar. So I go on the Auction House and buy all the dark iron I can find. I needed 144 dark iron ores to make one hammer, and after buying all the ore off the ah I had about 70. No there is no way in hell I'm gonna go farm this stuff so I ask in trade "WTB dark iron ore/bar" and I get one reply from someone who just happened to have a large stash of the stuff and was willing to sell for less than what I paid for the Auction house ores. So now I have exactly 288 dark iron bars and I've spent about 400g.

Now to smelt the things.

My miner is my dk who was level 72 at the time. So I look online to find out how to smelt the stuff and you have to do this quest in BRD to learn how to do it, and you can only smelt it in BRD at the very end of the instance. All I can say is good thing that my miner was also my blacksmith so I didn't have to do the stupid quest for the key (which you don't need anymore since the shattering) because I have all those skeleton keys. After another hour and a half of running through BRD I finally had the dark iron bars for my hammer (I had enough for 2 of them actually to sell one in the ah and one for my warrior, which I completely forgot about until I wrote this and is the first thing I'm gonna do after I post this). Then I realized you  can only make the hammer in BRD. Imagine my face when I found out about this after I had already hearth to dal.

So back to BRD to make the hammer's. After another half hour of flying and running though that awful place I finally had my super awesome OP hammer of awesomesause. I send one to my warrior and promptly que up for a battle ground to rock some faces.

After one battle ground with the hammer I got bored of it and I haven't used it since.

Now whats the point of my adventure with a stupid hammer that never procs?

That when I get an idea, no matter how stupid, I go all out on it.
No but really it's that people will be willing to pay a lot for something like this just because it looks cool, and it's a pain to obtain. Kind of like how some people run scarlet monastery just to get Ravager because it gives a Bladestorm effect.( and yes I do have it for that very reason)

Weekly data report 2

                            Income            Expenditures
Training cost              -                       33g
AH                       3969g                 6175g
Unknown                89g                    340g
Merchants              210g                  6811g
Repairs                     -                       148g
Mail                     15402g               10500g
Loot                       255g                    2g
Quest Rewards       259g                    -

Total Revenue: 20986g
Expenditures:   26533g
Net-loss:          5546g

Total: 99664g

Well it looks like I'm 5k in the hole. But since I've recorded my data I've already made the 5k so I'm back at 100k.
 I can't wait for cata to come out already so I can start selling stuff besides glyphs, pets, and boa scrolls. Oh and I can't believe they already switch the ink trader to the cata ink. I never made the glyphs I was gonna stock pile because it takes so long to do that I just kept on putting it off. And it looks like I put it off just a little too long. Good thing there are a lot of glyphs that require ink of the sea's. Now all I gotta do is level up my dk to mine in cata because he was my only profession mule who wasn't 80, and I gotta say I really hate melee classes. I've got an 80 rogue who is ok because he can stealth but I can only play my dk or warrior so long before I have to call it quits and go back to my hunter. Hunters are just awesome, I think I should do a post about just how awesome they are >:D
Well I think I will end my rant now, I mean this is just a data report.

Vendor Bags

Until Cataclysm Comes out I have cut down my on what I sell by about 75%, so I'm not making as much as I'm use to. So I started experimenting with stuff to see If there are some ways to make some extra gold. Well I found a way to make some extra gold regularly. Vendor bags sold by the innkeeper at hellfire peninsula, wich are 20-slot bags for professions. They sell for about 14 gold from the vendor and I have been able to sell them for 40 gold on the AH, for about 4 times the price I paid for them. I post them for 40g because on my server frostweave bags, the 20-slot normal bags, sell for about 45g on average on my server. So I sell the 20-slot profession bags for a little bit cheaper than they can buy an all purpose bag. I didn't think they would sell since they could spend a little bit more for a way more useful bag. But they did and I didn't have to sell my bags for less.

Weekly data report

Well I have an add-on that keeps track of my earnings and spending in all aspects that it's possible to make gold. And I keep on forgetting to check after the one week mark, or even the end of the day. But I can make a pretty good guess as to how much I have made based on how much I have, and how much I bought. So at the beginning of the week I had 107k gold, and now I have 102k gold, which is pretty good considering what I have been doing with my money. I lent 2k to a friend for gems, and spent about 6k on herbs to stock pile for the cata launch, which I think will create a huge temp. demand of glyphs. (I took a screen shot of the inks after I milled the herbs I'll put it at the end of the post.) and I would say I spent another 5k on boa enchanting mats. And I bought my priest and druid the regular ice mammoth's for about 1600 combined.  So I think i did pretty good considering I'm only selling about 20% of what I usually sell (I stopped selling gems, and all non boa scrolls). So that's 5000+6000+2000+1600=14600. so I made about 9600 selling a limited supply of glyphs, blue gems, boa scrolls, and other stuff. I should really start to cut back on my useless spending If  I want to hit gold capped :) (I mean do you really need 5 toons with epic flying and 310% flying? apparently I did)

King Slayer

After a couple of months of raiding I finally got my king slayer title, a couple of weeks before cata. While I was leveling one of my alts my friend sends me a message asking If I will come heal for a sindy kill. I said why not, the servers reset tomorrow.So I hop over and bring my priest to the sindy fight and ended up going shadow because we were going for a zerg kill and I was the only healer with a dps off spec, well a good dps off spec (I was #2 in dps in the fight right after the mage). Then I went back to heals on my priest. We had a lot of wipes on lk, and one of the druids in the group said he would hop over on his holy pally because one of the tanks kept on dieing during the valk stage of the fight. And I went shadow because once again, I was the only healer with a dps off sec. And we got the kill that attempt. :)

(I wish I had got it on my hunter though :( )

Making Gold With Vendor Pets

How do you make gold with vendor pets? well you go to the vendors who sell them and take them to the AH and sell them for more than you paid for them at the vendor."But if you can buy them from a vendor why would anyone buy one off the Auction House?" you might ask. Well it's pretty simple.
I bought one Red Moth Egg for 10g and sold it on the AH for 225g, that's a 215g profit. Why would someone buy a 10g vendor pet for way more than they can just go out and buy one for themselves?

1.) convenience
2.) they don't know any better.

You can make a lot of gold from people who just don't know any better. My little brother was playing his druid one day and decided to go after the 15 pet achieve, so he went on the AH and spent 5k on companion  pets. When he showed me which ones he bought 50% of them were vendor pets that he could have gotten for way less than he spent. And people do stuff like this all the time.

Here are some of the vendor pets I sell.
Albino Snake
Obsidian Hatchling
Calico Cat
Red Moth Egg
Brown Rabbit Crate
Blue Dragonhawk Hatchling
Cat Carrier (Siamese)
Mana Wyrmling
Parrot Cage (Senegal)
Brown Prairie Dog     
  

Preparing for cata

Well I was gonna write a guide on the various different professions and how to make gold without playing the ah, but since cata is coming pretty soon the info would only be valid for the next couple of weeks, or partially valid. So instead I'll wait for cata and document my progress. All I'm doing now is stockpiling things I think will be profitable when cata drops and for a few weeks after. And of course I'm trying to sell all my epic gems I have left, and I'm almost out :), to be honest I didn't think I would be able to get rid of my epic gem stockpile but it seems people still raid all the way up to the next expansion.

things to stockpile,

GLYPHS

Not inks, but glyphs themselves. In cata they are changing they ink you use to convert into the other inks, so no stockpiling banks full of inks of the sea. I also have a bunch of netherweave bags that I plan to sell for about 4 times the price they go now for all those new goblins being made. And lastly all my boa enchants, for the same reason, for all the new goblins being made.

The secrect to making gold with Jewel Crafting

Ok I'm gonna let you in on the big secret on how to make gold with Jewel Crafting, in a couple of easy steps.

1.)First off you have to level your Jewel Crafting all the way up to max level. Now it's 450, in two weeks it will be a little higher.

2.)Buy raw uncut gems off the AH and cut them into a gem with stats and post it on the AH for 25% more than you paid for the raw gem.

3.) Profit

If you didn't get the joke, I was trying to convey in 3 easy steps how ridiculously easy it is to make gold with JC.  It's like printing money honestly, just super easy to maintain, cut, and post. Just go on the AH, buy a cardinal ruby for 90g, cut in into a delicate cardinal ruby, and post on the ah for 150 gold, and have it sale in a couple of hours and repeat. Of coarse if you like to do bg's just buy your gems with honor for more profit (just don't do bg's for the sole purpose of farming honor to buy gems because that's just like farming and you can make more gold farming other stuff, not that I ever farm anything.)
   Also don't forget those blue gems. Just because they don't sell for as much as the epic gems, doesn't mean you can't make a decent profit from them. Which blue gems should you make? you might ask. Simple answer. witch ever ones sale for more than it cost to make. Anyone who is a serious AH player will tell you that most of our gold comes from people who just don't know any better. Gems you know are not good will still sell because not everyone knows that.

First 100k gold reached

I reached 100k gold for the first time after 2 months of playing the AH. My goal is to become gold capped and It might take a little longer than another 2 months for a few reasons.

1.) I made about 30k of the gold in one day during the great 4.0 "glyph rush".

2.) Cata is coming out in about 2 weeks and My once profitable sales will go down and I will have to adjust to the new market.

3.) they are raising the gold cap to like 1 million, witch will take a little longer to reach >.>

Engineering= Awesome gold making

This is my first blog post and I plan on updating this daily or when ever I get the chance with helpful tips and even some tricks on how to make more gold than you already have (obviously). Well to get started I'm going to start off with my all time favorite profession in wow Engineering.

Now despite the title, Engineering is not all that great for making gold. But it is really fun to run super fast off the side of buildings and parachuting over miles safely to the ground,(that is of course you don't open your parachute to early and die). It can make you some viable gold.

First off is Adamantite Frame. Adamantite Frame's are used in some quest and as mats for a couple of engineering items. For some reason, even though all engineer's can make it and pretty easily, it sells for way more than it cost to make. On my server I sell them for about 130g each and sell quiet a few of them on a regular basis.

Scopes, oddly enough, are my second big seller's. Sun Scope, and Heartseeker Scope, with Heartseeker's selling more frequently than the Sun Scopes. People are getting new weapons everyday and these sell to hunters mainly, and sometimes warriors who want a pretty scope on there weapon.

Lastly, we have the many pets engineers can make. Mainly Mechanical Squirrel Box, Lil' Smoky, Pet Bombling ,and Tranquil Mechanical Yeti . And if your lucky Lifelike Mechanical Toad . The lil' smoky, pet bombling and yeti sell the best and you can just ignore the squirrel if you wan to save time since it's pretty easy to make and obtain.

And that's all there really is to making gold with engineering. I got into playing the AH by selling Iceblade arrows, but ammo is gone now (thank god lol) .