Insider Trader: To prospect, smelt, or let alone?
Recently, a reader wrote in with a question that everyone ponders from time to time. When trying to make money from a profession, it can be difficult to determine what to sell, what to convert, and what to avoid doing all together. Here's what she asked:
Hello,
When making gold from Mining, is it better to Prospect the Ore? Or is it better to just sell the Ores and Bars?
Thank you!
Regards,
Kristy.
Taking a break from the faction recipe series to shake things up a bit, let's take a look at how this breaks down.
The first important thing to note is that whether or not you will prospect the ore, smelt it, or sell it raw, will depend heavily on the type of ore.
You should also pay attention to your target buyers. The vast majority of players buying ore are using it to level a crafting profession, namely blacksmithing, jewelcrafting, or engineering.
Currently, aside from treasure chests, fishing and similar means based on chance, there is one way to acquire ore, and two to three ways to acquire gems, generally making low level gems worth less than the ore from which they are prospected.
As of patch 2.1, prospecting has no chance of failure and so you are guaranteed at least one gem, although you are gambling in a sense when you do it. The value of the five ore is a known value, but the gem(s) you'll receive and its value is a mystery.
Tip: When deciding between smelting ore to sell it, or selling raw ore, note that a) if prospecting the metal is profitable, the ore will sell for more than the bars and b) some people pick up crafting professions and not the accompanying gathering profession, making the smelted bars most useful.
Copper, tin and iron
Blacksmithing especially eats up a seemingly impossible amount of metal, and copper, tin and iron can fetch a profit that any low level miner will really appreciate.
Prospecting copper will give you malachite and tigerseye most commonly, and shadowgems occasionally.
Tin will commonly yield shadowgems, as well as moss agate and lesser moonstone. Sometimes it will also produce citrine, jade, or aquamarine.
Iron often produces citrine, lesser moonstone and jade, while occasionally producing aquamarine or star rubies.
When smelting, you'll have to decide whether or not to keep copper and tin separate, or combine them to produce bronze. On my server, I find that the value of the bronze is about equal to selling the copper and tin separately, although prices do vary from day to day. I'd recommend checking the auction house daily, and before you smelt, so you'll be able to make an informed choice.
You'll probably profit more from selling the bars in this case. Most of these low level gems drop readily from chests and mobs, and therefore don't sell for much. The mid-level gems like aquamarine and star rubies, are also common in chests, and I used to farm them in Tanaris.
Other jewelcrafters, who don't get jewelcrafting points for prospecting, are unlikely to purchase the raw ore with the intent of prospecting it, as the gems really are so common. In addition, most level blacksmiths will find that they must farm veins or purchase the metals, because they don't happen upon near enough veins in their travels to supply their crafting needs.
My vote: smelt it and sell it!
Silver and gold
These veins are actually rare spawns of common veins, and therefore the ore is considered to be "rare" and cannot be prospected. Silver is a rare spawn of tin, and gold of iron.
This would seemingly eliminate two of your options, as no one is purchasing the ore for prospecting. In actuality, as of patch 2.4, silver is the best way to level mining in the large gap between the ability to mine tin and iron. Simply smelting it will award skill points.
Similarly, smelting gold can take you from skill level 155 up to 180, five points past what is needed to purchase the ability to mine mithril.
My vote: Sell the raw ore.
Truesilver
Another rare ore, this is a spawn of a mithril vein.
Once you can mine mithril, you'll start finding truesilver veins. As of patch 2.4, smelting this ore will award mining skill points. This can take you from 230 to 250. Truesilver might be worth more smelted because of the limited skill window, so check the auction house to make sure.
My vote: Check the AH before you smelt.
Mithril
Prospecting mithril will commonly get you citrines, star rubies and aquamarines. Rarely, you'll get azerothian diamonds, blue sapphires, large opals and huge emeralds.
Here is where things start to get murky. Star rubies and aquamarines can sell for a fair profit, as can blue sapphires. The best advice I can give is to figure out the price that the gems fetch, as well as the ore or bars on your server, and then weigh the probabilities.
Ideally, you'd be able to purchase a stack of twenty mithril ore, prospect all of it, sell the gems, and have money left over. Otherwise, you'd get more from simply selling the mithril.
The common gems listed above drop about 30% of the time, while the uncommon gems drop about 2.5% of the time. If you don't want to take the gamble, then sell the raw ore to other jewelcrafters who do!
My vote: It depends on your server's gem market. You can prospect it or, to be on the safe side, sell the ore.
Thorium
Thorium commonly gives out star rubies, and less commonly, large opals, blue sapphires, azerothian diamonds, and huge emeralds.
If you want to stay safe, I'd sell the bars. Thorium is another metal that blacksmiths consume copious amounts of, and most can never get enough of the stuff.
My vote: Sell the bars.
Fel iron
Prospecting this can be lucrative, because although you have a small chance to earn a blue gem, the green gems are much more profitable than they used to be. This is because of brilliant glass. Using three of each of the six basic green gems, you can make one blue one.
Prospecting it can yield any of the Outland green gems, and rarely, any of the blue ones. Because of the effect of brilliant glass on the Outland gem market, each green gem could sell for 2-4g a piece, and some for more. Blood garnets especially can sell for up to ten gold. Of course, the green cut gems now also sell for a fair chunk of change.
Keep in mind that it takes two fel iron ore to make one fel iron bar. Because of this, when you prospect five fel iron, you are destroying the potential profits yielded from selling five ore, or two and a half bars.
Often, fel iron ore is worth more than the bars, so if you need a bar, don't purchase the ore. A stack of twenty ore should be equal to the price of ten bars, but it is often more expensive. On the other hand, fel steel (three fel iron bars a piece) sells for a lot.
My vote: Prospect it! Either sell the greens, or combine them to make brilliant glass. If you have a popular cut for a green gem, cut it and sell it.
Adamantite
Prospecting adamantite can yield the same gems as fel iron, except you have close to a 20% chance to get a blue gem.
Prospecting adamantite is the only instance where the dust or powder produced is useful instead of vendor trash. Adamantite powder is used in the making of hardened adamantite.
My vote: Don't smelt it! Prospect it, or at the very least sell the ore. As above, you'll be able to make brilliant glass and cut gems for a huge profit. It is worth it to buy the ore, prospect it, and turn a profit that way.
Khorium and eternium and all that jazz
You cannot prospect these. Khorium is a rare spawn vein in place of any vein in Outland, regardless of type, and eternium simply turns up as a bonus from any vein.
Other ore, like dark iron or anything used for questing, also cannot be prospected.
My vote: Sell the ore. If you can smelt dark iron ore, do so!
TIp: Always getting under-cut at the auction house? Choose a flat, realistic price that's a good deal and advertise on trade channel. Players who have been meaning to pick up some ore/bars/gems, and regularly do so, will recognize the deal and snap it up.
Each week, Insider Trader takes you behind the scenes of the bustling sub-culture of professional craftsmen, examining the profitable, the tragically lacking, and the methods behind the madness. Check out the faction recipe lists for blacksmiths or jewelcrafting part one. Alternatively, head over to our guide to maximizing jewelcrafting part one and part two.
Hello,
When making gold from Mining, is it better to Prospect the Ore? Or is it better to just sell the Ores and Bars?
Thank you!
Regards,
Kristy.
Taking a break from the faction recipe series to shake things up a bit, let's take a look at how this breaks down.
The first important thing to note is that whether or not you will prospect the ore, smelt it, or sell it raw, will depend heavily on the type of ore.
You should also pay attention to your target buyers. The vast majority of players buying ore are using it to level a crafting profession, namely blacksmithing, jewelcrafting, or engineering.
Currently, aside from treasure chests, fishing and similar means based on chance, there is one way to acquire ore, and two to three ways to acquire gems, generally making low level gems worth less than the ore from which they are prospected.
As of patch 2.1, prospecting has no chance of failure and so you are guaranteed at least one gem, although you are gambling in a sense when you do it. The value of the five ore is a known value, but the gem(s) you'll receive and its value is a mystery.
Tip: When deciding between smelting ore to sell it, or selling raw ore, note that a) if prospecting the metal is profitable, the ore will sell for more than the bars and b) some people pick up crafting professions and not the accompanying gathering profession, making the smelted bars most useful.
Copper, tin and iron
Blacksmithing especially eats up a seemingly impossible amount of metal, and copper, tin and iron can fetch a profit that any low level miner will really appreciate.
Prospecting copper will give you malachite and tigerseye most commonly, and shadowgems occasionally.
Tin will commonly yield shadowgems, as well as moss agate and lesser moonstone. Sometimes it will also produce citrine, jade, or aquamarine.
Iron often produces citrine, lesser moonstone and jade, while occasionally producing aquamarine or star rubies.
When smelting, you'll have to decide whether or not to keep copper and tin separate, or combine them to produce bronze. On my server, I find that the value of the bronze is about equal to selling the copper and tin separately, although prices do vary from day to day. I'd recommend checking the auction house daily, and before you smelt, so you'll be able to make an informed choice.
You'll probably profit more from selling the bars in this case. Most of these low level gems drop readily from chests and mobs, and therefore don't sell for much. The mid-level gems like aquamarine and star rubies, are also common in chests, and I used to farm them in Tanaris.
Other jewelcrafters, who don't get jewelcrafting points for prospecting, are unlikely to purchase the raw ore with the intent of prospecting it, as the gems really are so common. In addition, most level blacksmiths will find that they must farm veins or purchase the metals, because they don't happen upon near enough veins in their travels to supply their crafting needs.
My vote: smelt it and sell it!
Silver and gold
These veins are actually rare spawns of common veins, and therefore the ore is considered to be "rare" and cannot be prospected. Silver is a rare spawn of tin, and gold of iron.
This would seemingly eliminate two of your options, as no one is purchasing the ore for prospecting. In actuality, as of patch 2.4, silver is the best way to level mining in the large gap between the ability to mine tin and iron. Simply smelting it will award skill points.
Similarly, smelting gold can take you from skill level 155 up to 180, five points past what is needed to purchase the ability to mine mithril.
My vote: Sell the raw ore.
Truesilver
Another rare ore, this is a spawn of a mithril vein.
Once you can mine mithril, you'll start finding truesilver veins. As of patch 2.4, smelting this ore will award mining skill points. This can take you from 230 to 250. Truesilver might be worth more smelted because of the limited skill window, so check the auction house to make sure.
My vote: Check the AH before you smelt.
Mithril
Prospecting mithril will commonly get you citrines, star rubies and aquamarines. Rarely, you'll get azerothian diamonds, blue sapphires, large opals and huge emeralds.
Here is where things start to get murky. Star rubies and aquamarines can sell for a fair profit, as can blue sapphires. The best advice I can give is to figure out the price that the gems fetch, as well as the ore or bars on your server, and then weigh the probabilities.
Ideally, you'd be able to purchase a stack of twenty mithril ore, prospect all of it, sell the gems, and have money left over. Otherwise, you'd get more from simply selling the mithril.
The common gems listed above drop about 30% of the time, while the uncommon gems drop about 2.5% of the time. If you don't want to take the gamble, then sell the raw ore to other jewelcrafters who do!
My vote: It depends on your server's gem market. You can prospect it or, to be on the safe side, sell the ore.
Thorium
Thorium commonly gives out star rubies, and less commonly, large opals, blue sapphires, azerothian diamonds, and huge emeralds.
If you want to stay safe, I'd sell the bars. Thorium is another metal that blacksmiths consume copious amounts of, and most can never get enough of the stuff.
My vote: Sell the bars.
Fel iron
Prospecting this can be lucrative, because although you have a small chance to earn a blue gem, the green gems are much more profitable than they used to be. This is because of brilliant glass. Using three of each of the six basic green gems, you can make one blue one.
Prospecting it can yield any of the Outland green gems, and rarely, any of the blue ones. Because of the effect of brilliant glass on the Outland gem market, each green gem could sell for 2-4g a piece, and some for more. Blood garnets especially can sell for up to ten gold. Of course, the green cut gems now also sell for a fair chunk of change.
Keep in mind that it takes two fel iron ore to make one fel iron bar. Because of this, when you prospect five fel iron, you are destroying the potential profits yielded from selling five ore, or two and a half bars.
Often, fel iron ore is worth more than the bars, so if you need a bar, don't purchase the ore. A stack of twenty ore should be equal to the price of ten bars, but it is often more expensive. On the other hand, fel steel (three fel iron bars a piece) sells for a lot.
My vote: Prospect it! Either sell the greens, or combine them to make brilliant glass. If you have a popular cut for a green gem, cut it and sell it.
Adamantite
Prospecting adamantite can yield the same gems as fel iron, except you have close to a 20% chance to get a blue gem.
Prospecting adamantite is the only instance where the dust or powder produced is useful instead of vendor trash. Adamantite powder is used in the making of hardened adamantite.
My vote: Don't smelt it! Prospect it, or at the very least sell the ore. As above, you'll be able to make brilliant glass and cut gems for a huge profit. It is worth it to buy the ore, prospect it, and turn a profit that way.
Khorium and eternium and all that jazz
You cannot prospect these. Khorium is a rare spawn vein in place of any vein in Outland, regardless of type, and eternium simply turns up as a bonus from any vein.
Other ore, like dark iron or anything used for questing, also cannot be prospected.
My vote: Sell the ore. If you can smelt dark iron ore, do so!
TIp: Always getting under-cut at the auction house? Choose a flat, realistic price that's a good deal and advertise on trade channel. Players who have been meaning to pick up some ore/bars/gems, and regularly do so, will recognize the deal and snap it up.
Filed under: Mining, Making money, Guides, Features, Jewelcrafting, Economy, Tips, Analysis / Opinion, Items, Insider Trader (Professions)







Reader Comments (Page 1 of 2)
Gyromatic Aug 29th 2008 6:44PM
You don't need adamantite powder for hardened adamantite, only 10 bars. Perhaps you meant Mercurial Adamantite?
aaw Aug 29th 2008 6:50PM
From my experience, prospecting the ore is worth alot more than selling the ore itself--or smelting it, for that matter.
Jewelcrafters will pay alot more than you expect for green quality gems you get, sometimes it'll even sell more than blue quality gems you get.
only1rob Aug 29th 2008 6:53PM
Adamantite powder is used for hardened adamantite?
News to me, I always thought it was 10 bars for one hardened bar.
Josh Aug 29th 2008 7:55PM
Maybe Amanda meant Mercurial Adamantite?
http://www.wowhead.com/?item=31079
For me I've always found that selling Adamantite ore instead of prospecting it was more profitable.
Dah Aug 29th 2008 9:46PM
I've been leveling up a young miner/eng lately and I've actually found that copper ore almost always sells for a LOT more than bars. This is largely because other (lazier and/or richer) miners can level up a good ways by smelting the ore itself.
Thomolithic Aug 29th 2008 7:37PM
As a jewelcrafter, it's always nice to find good, cheap adamantite ore on the AH. a stack of 20 normally sets me back about 20G and for that i generally am guaranteed 1 blue that i can cut and sell for 20-60 easy.
Tar Aug 29th 2008 8:48PM
WTB your server, adamantite sells for 30-45g on Dath'Remar
Devilmachine Aug 29th 2008 8:57PM
And being a jewelcrafter, what are your thoughts on selling cut or un-cut gems? Specifically blue-quality gems.
I could never really figure this one out myself.
Tiforix Aug 29th 2008 9:41PM
Depends on which recipes you have. I made enough gold from prospecting and selling uncut gems that I was able to buy the Runed Living Ruby recipe, Potent Noble Topaz, Great Dawnstone, and a few others, and now I make even more gold because I can sell cut gems. JC is a *very* profitable profession.
Thomolithic Sep 1st 2008 6:01AM
I would say that buying JC patterns is far more profitable in the long run. If you have the cash to buy one pattern for each gem type, then you can cut at least one type of pattern per gem colour. These cut gems (on my server at least) sell for 10-50% than uncut ones. I wouldn't buy uncut gems off the AH just because I prefer the chance factor when prospecting from ore.
Thander Aug 29th 2008 9:30PM
If you have good blue gem cuts for each color, you should propect the ore and sell the cuts. Uncut gems don't sell nearly as well as the cut ones, so you should just sell the ore in that case.
On my server, if I get 4 green gems I break even for that stack. If I get a single blue gem I make a pretty good profit. So I always prospect the ore.
I also have an alchemist to make raw meta gems to cut. Together they make about 50% of my gold income with very little work. The rest of my income comes from disenchanting greens and playing the market.
Eric Aug 29th 2008 9:35PM
What the author fails to state is that all of these decisions depend on the prices for the various commodities involved on your server.
The author more or less accurately tells you all the factors involved (what the ore prospects into and a general indication of relevant factors for whether those products will be more valuable than the ore itself, or than ore smelted into bars). However, it is well worth checking the *actual* values in your local market to make these decisions. Whether it makes sense to prospect adamantite ore, for example, just depends on the price the products: green and blue quality gems and the powder. (By the way, the powder is only used for mercurial adamantite and is usually more valuable as vendor trash than anything else; only a very small volume of it will actually sell on the AH. When I can't use it myself--such as to make necklaces to DE when shard prices are high--I've found vendoring it to be the best investment.) Some months ago, on my server ore went for between 18-25g but was worth, on average, over 35g prospected. Now (since 2.4) it sell for 25-35g per stack and is only worth about 15g prospected (b/c blue gems have gone down in value so precipitously). Whereas I used to prospect ore to get the cheapest blue-quality gems possible, now it makes more sense to buy them directly on the AH. If I were a miner, it would make more sense to sell my ore (or perhaps smelt it) and buy gems.
The point is, these decisions need to be made based on prices on your server. The author provides a valuable start, but the *prices* matter, not just a general account of what is used by what other professions. I guess telling people to go make a spreadsheet would be a boring article, but it would be more accurate.
Amanda Miller Sep 5th 2008 1:26PM
Actually, I stated several times that it depends on the market on your server.
Taxis Aug 31st 2008 5:40AM
On my server ore always nets about 30% more than bars. I always sell in smaller stacks (10 or 5) at a reasonable price (7% less than server average) and I make a lot of money.
Fletch Aug 29th 2008 11:02PM
The price of high-level gems (i.e. those obtained from adamantite ore) is starting to crash on my server, possibly because the expansion will almost certainly make all the old gems redundant and Jewelcrafters are beginning to offload their gem stocks. It's probably still worth prospecting adamantite, but probably only if you have mined it yourself. Buying ore to prospect in the hope of making a profit is becoming much more of a gamble.
Zakk Aug 30th 2008 3:44AM
This has always been a pain in the ass for me. I always send the raw ore to my banker, check prices, decide whether or not to smelt it, and then sell it. This wouldn't be a problem if I didn't have to send the ore back to my miner, log out of my banker, log into my miner, smelt the ore, send the bars back to my banker, log out of my miner, log back into my banker, and put the bars up when the bars are worth more. When you have 50-60 addons and a dinosaur computer, this takes up a pretty decent chunk of time in loading screens and the initial login lag of a big city alone. I'm considering just making my very-seldom-played 70 miner/JC my banker, but I'd hate to give up my current Dwarf banker named Santá who wears red winter clothes =(
Twinkle Aug 30th 2008 7:41AM
There is an excellent guide to prospecting Adamantite Ore over at wow Economist.
http://woweconomist.com/blog/profitable-prospectin/
This guide must have made me at least 10k Gold over the past few months. Make sure you have a friendly JC who can cut your gems for free and you can esily make double the profit.
Tenchan Aug 30th 2008 6:49AM
My personal experience is simply that, taking prospecting out of the picture, ore is always the better business than bars. Even if it sells for slightly less than bars (which is rare), it will sell more frequently, as many Engineers and Blacksmiths already have mining and can smelt themselves, they just don't want to spend the extra time going out to gather themselves.
Bootsanator Aug 30th 2008 3:46PM
" If you can smelt dark iron ore, do so!"
unless there are people who want to turn in dark iron ore for thorium brotherhood rep....there're a few crazies out there who still do this
zappo Aug 31st 2008 7:16PM
I'm one of those crazy people, however I don't think anyone could possibly get through the rep range where you turn in ore. It would take 2800 pieces of ore to get through revered. Off the top of my head I think a stack of dark iron goes for close to 80g or more. Granted you may say 12k in gold isn't much, but even if you could just buy the rep, no one mines enough of this in high enough quantity (and puts it in the AH) for you to go through all the rep within the next 10 years. It would be WAY easier to try to organize a molten core run with a few friends.
You may however sell the ore to people who haven't figured this out yet, so I would still say sell the ore.