Showing posts with label ilvl 219. Show all posts
Showing posts with label ilvl 219. Show all posts

Tuesday, April 14, 2009

Buying and selling: Things to note when selling bracers

Now that ulduar is out, more and more people are desperately liquidating their purplish assets before they drop drastically in value. I've seen several more opportunities, and had a few more questions directed my way. One of the more common ones is the prices the bracers should go for.

For people looking to sell their emblems of valor, if you have 60 of those then the next logical choice would be to convert them to bracers and sell them. As it is currently, I discourage the conversion to either frozen orbs or scarlet rubies if you have more than 60 emblems, as while the bracers will now embark on a process of devaluation, the decrease in price is not so sharp as to be less then the next highest alternative cost. That is, converting 60 Emblems of Valor into 60 Emblems of Heroism and following that into 6 scarlet rubies.

At least for the next two weeks, I do not expect the EoV BoE bracers to fall below 2 x the price of 6 Scarlet rubies/frozen orb (whichever is higher). That is, a good ballpark in which you should sell your bracers at would be.

Let's just call the price of a cut/uncut scarlet ruby/frozen orb a liquidating unit, where we take the value of whichever one of those three end products at its highest value.
On Medivh, that would be about 85 gold for a cut gem.

Minimum (for quick sell) = 9 x liquidating unit
which would be 765 gold, the lowest price I would sell at on medivh
at least for the next few days

Maximum price = 12 x liquidating unit
which is 1020 gold
If I can sell a bracer at around +/- 100 gold of this sum then I would consider it to have been a good trade.

Some of you might wonder why I use 9 units instead of exactly 6. Well, you must consider that if you try to sell say six runed scarlet rubies, you risk the chance of flooding the market, causing you to relist the same product several times, or even worse, deflating the value of that particular gem market. Furthermore, converting all the emblems to gems and so on and so forth would in real like curtail a processing charge. A rough estimate of all these will give you the 50% markup on prices I provided above.

An idea to keep in mind is that market price is not the intrinsic value of the item, but the aggregate price in which a purchaser is willing to pay for it.

If you're reading this page because you intend to buy bracers to jumpstart your ulduar career, and you wish to see how an equitable price for the bracers can be calculated, then you can factor the above breakdown into your considerations. If I were to buy bracers in these few days however, I would seek to purchase them at at most 6 x liquidating units, as I believe that is the minimum floor level the bracers will drop to for the next 4-6 weeks. That is, for medivh, 510 gold.

The key component in all these trades however, is that you must act fast, be it in buying or selling. Everytime a new patch breaks, markets has never failed to fluctuate violently, and you'll see prices go up and down to incredible highs and lows. The best way is to ride the wave as fast as you can, and retreat early to safeguard your profits. I hope that answers the emails I receieved :D

Cheers! Ulduar in 12 hours!!!

Monday, April 13, 2009

To buy or not to buy, pre-ulduar

When I logged in today, I had a flurry of guildies whispering me about tomorrow's maintenance.
For the record, I do not believe the patch will take place tomorrow.
Although if it does, I'll be logging into blogger and editing this statement. (joking :D)

There are two questions that are probably floating around out there, so I might as well address them now before the patch, and then copy and paste from my post into gchat/msn later :D

1) While 3.1 will most probably not drop tomorrow, 14th April, tuesday, might herald the end of season 5. I personally think blizzard will probably delay season 5 till a week after, or at the very least initiate freezes of one sort of the other. Do note that while points and rating are being reset, honor and hidden ratings will carry over.

What this means is that, you can probably expect less demand for pvp oriented enchants and gems and slot augmentations. Basically, anything that has the word resilience in it! That goes for crafted pvp gear too! If you still have those, try to limit your production of those goods. For me, I'm holding back my resilience gems and scrolls until at least one week after season 5 ends, so that when season 6 begins, a new flood of buyers will come in and snap up the augments at elevated prices.

2) My friends have been noticing that BoE epics from 3.0x have been dropping sharply in price with all the doomsayers forecasting the bombing of prices post-ulduar. While I do not doubt that prices will drop, it will not have such a rapid decrease as some people seem to think. In this confusion I've snapped up excellent deals like a surge needle ring for 70% of usual prices, I purchased it for 5500 gold and sold it around 5 minutes later for 7200 gold. The same went for a nobles deck, where I purchased all 8 cards for 4200 gold and sold it back to the market as a deck for 6000. Those are some of the items you can watch for on your server, as they are ilvl 213 epics that will still retain their value even into ulduar. If you have the money to throw, I recommend you pick them up once they hit 60-70% of their usual price, and then try to push them back into the market as fast as you can. Another good item would be arcanic tramplers or boots of impetuous ideals. Certain interesting ones would be Je'Tze Bell and Tears of Bitter anguish, but I would advise greater caution when dealing with those.

Saturday, April 11, 2009

5 items you need to sell before 3.1 (for BoE epics)

While still relevant, this post is slightly outdated. If you wish to read about patch 3.2 preparation, you can click here.

With the ulduar patch coming in a few weeks now, I've been asked by several people on which items to sell while they still can. Today I'll cover the bind on equip gear, since these are the items that costs anywhere from a few hundred to a few thousand gold. Some of you probably have some in your bank, or you have to find some way to liquidate your guild bank before patch hits. Today's post will show you 6 items you need to release back into the market before 3.1 hits.

Basically, the items that will be the worst hit will be those that have an immediate BoE ilvl 226 or ilvl 219 upgrade from ulduar. People looking to gear up their mains or alts, will hold off buying the following items, since it would be more cost efficient to purchase the higher item-valued slot piece instead of buying a ilvl 200 item only to replace it a few days later.

Another criteria for selection, is the exclusion of any future ilvl 226 BoEs that require runed orbs. Requiring 15 Emblems of Conquest, runed orbs will likely be an expensive commodity for quite a few weeks to a few months following patch release. Each crafted BoE will require about 5-6 runed orbs, which would be about 90 emblems. That would be almost enough to buy t8.5 head and chest piece. As such, I highly doubt that runed orbs will reach equilibrium prices anytime soon and will remain overpriced and expensive.

While some of the following items are still a decent placeholder for a newly minted 80 starting to gear up, come 3.1 there will be a disparity between these epics and the highest tier ilvl available, seriously devaluing the amount by which you can sell them for.

Thus, without further ado, here are the items that needs to go into someone else's inventory:

1) Anything that goes into the wrist slot
That is, basically any Emblem of Valor bracers that you have.
The key reason you should sell them off now, is because
a) more and more people now know that there is no further use for valor tokens, and the next thought that goes through their mind will be to convert them to bracers and sell it off, increasing your competition. And to make it worse, they will be willing to sell them at any price, driving it down to perhaps 500-800 gold each.
b) the week ulduar comes out, guilds will rush through ulduar-10 to ensure extra gearing up of their raiders, not to mention a large army of people waiting to bite their teeth into ulduar through pugs or small guilds. Ulduar-10 drops a plethora of ilvl 219 bracers, meaning that people gearing for bracers will be looking at the ilvl 219 wrist slots, and not your EoV bracers.
For a more detailed run-up of the bracers, check out my previous post.

2) Jewelcrafting:

Titanium Impact choker will be replaced by
-Nymph Heart Charm

and Titanium Earthguard Ring by
-Signet of the Earthshaker
although druids might still go for the Jewelcrafting ring

3) Tailoring:
Deathchill Cloak, Wispcloak

Will be replaced by
-Asimov's Drape

4) Blacksmithing

Spiked Titansteel Helm, sell it before
Iron Riveted War Helm appears on the AH

and the same goes for Titansteel Shield Wall
before people go for the ulduar 25 shield Northern Barrier

5) Leatherworking:

Get rid of Giantmaim Legguards, since Darkcore Leggings will be dropping in ulduar 25


With this list in hand, its time to hit the AH and trade channel and sell them off before their prices depreciate!

Thursday, April 9, 2009

Breaking News: ilvl 219 EoV

I just found several shocking statements by the blues regarding EoVs on the blue tracker

You can read the blue tracker here and here
You might have to scroll down a bit

Certain key points can be derived

-Ulduar10 drops different colored EoVs
-Nothing besides relics/totems/idol/sigils will be added to the EoV vendor
-Blizzard doesn't "want piling up a bunch of emblems now to give a big advantage when a patch launches where someone buys a set of gear from the beginning."
-Which means, you won't be able to buy Tier8 tokens with EoV if things remain as they are until patch day!

What does this mean for you?

Sell your EoV bracers! Now! Yesterday!
Sell them while they still fetch anywhere from 1k to 3k!!!

Well that is, it depends on whether you still have any use for Emblems of Valor before Ulduar hits. So before I begin making premature decisions, here are still some last few things (besides selling the bracers) one could buy with it:
1) Off-spec Gear
2) PvP Gear
3) Tier tokens and remaining items for mainspec Gear

Why shouldn't one start liquidating their EoV stock?
1) You plan to change your spec immediately, or when ulduar comes out.
2) You've been pvping, and you just need that one or two more set pieces to get the bonus
3) You've only started raiding recently, or you've been really unlucky, and you really need that gear upgrade.
For those reasons, you might indeed make a better investment in gear upgrades than in liquidating your stock.

If you don't belong in the above categories, or unsure of where you are, you might then want to consider the following.
1) If you have an offspec, but you don't think you'll be using it for serious raiding anytime soon. Go ahead and sell your 60 badges, ulduar 10 and 25 will be dropping plenty of gear, and both versions will drop gear that are half a tier to a tier better than whatever offspec gear you can get from the vendor now.
2) If you're more pvp oriented, or you intend to start soon, just sell. Arena season has ended for now, although you can still earn and spend points for another week or so. (Do correct me! I have not really been keeping up with season 5) The new ulduar 10 badges can still be used for hateful gear. But more importantly, Ulduar 25 conquest badges can purchase Deadly gear. If you have yet to start pvping intensively, wait for ulduar, sell your badges now while they still fetch a pretty price.
3) If you have gear upgrades from the vendor still, but they are more of sidegrades to minor upgrades. Just go and sell your bracers, Ulduar is a few weeks away, and most of what you have now will be upgraded the raid you attend right after patch drops.

And if you're hesitating, here's why you should start selling now
a) There will be no further use for your emblems, you cannot buy tier 8 with it, so there is no point in saving it up to get instant upgrades the day 3.1 hits live.
b) The only way to liquidate EoV pre and post patch as a result, will be to buy these BoE bracers and sell. However, there will be a huge difference in the price they can fetch pre and post patch. Currently, the ilvl 213 Bind on Equip wrist gear are decent to best possible gear slots for a great many classes and specs, and are pretty much the BEST bind on equip bracers any class can get. BUT, once 3.1 hits, and the huge horde masses towards ulduar, you'll soon see ilvl 219 bracers hitting the auction house. That is because half the wrist slot drops in 10 man ulduar will be bind on equip, like this and this and this and this. I think you get my point!
The demand for the old ilvl 213 bracers will definitely tank(of the submarine type, not the soak damage kind).

Ultimately, you must make the right decision for yourself.
As for me, you'll find me in trade channel broadcasting "WTS 60 eov bracer, pst"

Cheers!


For those new to the site, you might want to check out my recap of past posts