Specifics

Most of my posts, at least recently, have been about theory just general knowledge.  Being Christmas and all, let's focus on materialism...er...actual facts and figures.

What's been selling?

Gems are still going at an ok pace, but prices have been pretty depressing.  At least from a seller's perspective; from a buyer's perspective, times have never been better.  Gem prices are low.  How low? They barely command a premium (if at all) over uncut gem prices. 

Enchants are also still selling, but at nowhere near the profit they once were.  And enchanting mats have become incredibly cheap on my server as well.  So I still maintain a decent margin percentage wise, but gold wise, profits are way down.

Pets are profitable, as usual, but I farm them myself.  I recently sold a level 8 Rotten Little Helper (upgraded to Blue/Rare quality for 14,000g.  I also sold a Rotten Helper Box (which turns into a level 1 green quality pet) for the same price.  Prices are dropping quickly on them though, as more people get them themselves through the daily, and get extras.  My advice to you is to sell quickly if you have extras.

I also sold a [Cat Carrier (Black Tabby)] for 4500g.  This is on the very low end of what it should sell for, and really below.  However, even at that price level, I've had it for sale for months.  I got it out of an Idiot Box anyhow, so I was just glad to get a little of my money wasted back.  I could have gotten a piece of Horde PvP that vendored for 20g, so it's not all bad.

Transmog gear still sells about the same, slowly.  I'm not huge in that market, but I dabble a bit. Most of what I pick up is from random pieces people throw on the AH, so the investment is usually under 100g, and very often 10-20g.  But with sales of 400g on the low end, and 5000g+ on the high end, it's quite worthwhile.

"Uber MoP blues" (stuff like Matsuba's Breadmaker) can still be quite profitable as well.  But many of the ilevel 409+ plus items that can be equipped at 80-85 have tanked.  Especially the ilevel 450 gear.  Be cautious if you're still buying these items.  Don't just look at current prices, or even historical prices.  Look at the trend of what they're selling for.  The weapons that can be equipped at 80-84 are still quite hot, so I'd look at those as good investments, at least for the next few months.

Gem Specifics

Here are the prices of my gem sales over the past 24 hours (prices only, I sold multiples of most, if not all):

• Purified Imperial Amethyst: 85g
• Brilliant Primordial Ruby: 71g
• Smooth Sun's Radiance: 95g
• Misty Wild Jade: 70g
• Fractured Sun's Radiance: 75g
• Delicate Primordial Ruby: 88g
• Wicked Vermilion Onyx: 160g
• Lightning Wild Jade: 190g
• Energized Wild Jade: 90g

 For comparison, the prices of uncut (as of right now, minimum buyout):

• Sun's Radiance: 39g
• Imperial Amethyst: 58g
• Primordial Ruby: 61g
• Wild Jade: 74g
• Vermilion Onyx: 100g

So overall, still a profit to be made, especially transmuting Golden Lotus and green gems up to rare, then cutting.

Enchants Specifics

Here are the prices of my enchanting scroll sales over the past 24 hours (again, prices only)

• Enchant Gloves - Super Strength: 157g (120g profit)
• Enchant Gloves - Superior Mastery: 47g (20g profit)
• Enchant Chest - Glorious Stats: 138g (110g profit)
• Enchant Cloak - Superior Critical Strike: 123g (110g profit)
• Enchant Boots - Blurred Speed: 85g (29g profit)
• Enchant Boots - Greater Haste: 94g (80g profit)
• Enchant Boots - Pandaren's Step: 180g (130g profit)
• Enchant Shield - Greater Parry: 80g (24g profit)

And minimum buyout on enchanting mats:

• Spirit Dust: 1.2g
• Mysterious Essence: 10g
• Ethereal Shard: 16g
• Sha Crystal: 74g

Cheap Ethereal Shards are a great value.  They're easily converted to Essences, which almost always are more than 1/3 the price of a Shard on the AH.  And in a pinch, you can convert your Essences to Dust, if for some reason Dust spikes on your server and you've run out.

The End is Not Here

It's not really even near.  And that's true whether you're talking about the current expansion cycle, or the game as a whole.  Warlords is many months off (I'm optimistically hoping for late fall 2014).  With people continuing to play, gearing alts in LFR and Flex, and server mergers, there's plenty of opportunities.  Everything isn't going gangbusters anymore, but it's still a pretty good time to be a Goblin.

Starting Over

Today, we're returning to Auction House Addict's 20 Days of Gold Making. 

Day 7:  If you were starting over again (maybe on a new server perhaps), how would you start building some capital & what goal would you set yourself?

Starting over.  It's hard for me to fathom.  It'd be challenge for sure, but it'd probably be a lot of fun. 

Starting Out

First off, I'd take a look at the market on The Undermine Journal.  I'd look at What low level gathered mats are selling for the most (probably ore).  Then I'd roll a level one, head to the nearest AH, and start research further.  Sometimes it's easy to parse markets and data by directly looking at auctions.

If I was just playing the AH, and not planning on playing/leveling any toons, I'd roll a DK. After I ended up in Stormwind (or Orgrimmar), I'd head to the profession trainer for the gathering professions I'd selected (mining, and possible herbalism).  Then off I'd head to the lowbie zones to start gathering and leveling my professions.

If I was planning on leveling toons, I'd just start with the class of my choice, grab professions, and gather while leveling.

After spending whatever time I'd allotted to gather/level, I'd head back to the AH and list my mats.  Then I'd look at the AH and TUJ again, seeing what I can reinvest in to flip.  The next day rinse, repeat, and profit.

If I was just changing servers on the same account, I'd likely just cage some pets on the new server.  Barking in trade would work fairly well, then just listing on the AH when I logged for the day.

Setting Goals

Personally, I wouldn't set any goals right away.  I'd give it a week or two, see how things were going, then look at setting goals.  A likely goal would initially be 10,000g after 2 weeks, then reevaluating after the 2 weeks.

That's all folks

That's all for this week.  Lots of stuff going on in the real world for me this week and next, so posts have to be even more brief than usual.  Best of luck, and good selling!