Gold Capped: The saronite shuffle

Want to get Gold Capped? This column shows you how. Join author Basil "Euripides" Berntsen, also of outdps.com, the Hunting Party podcast and the Call to Auction podcast.
Saronite Ore is cheap and plentiful. Prospecting it with a jewelcrafter used to be extremely profitable back before the introduction of the disenchant option in dungeons, and the price of Infinite Dust was floored. It was so popular that we had our own name for it: The Saronite Shuffle.
Well, it's back! It's no longer profitable to use it for making enchanting mats, however it sure is profitable overall!
Saronite Ore is cheap and plentiful. Prospecting it with a jewelcrafter used to be extremely profitable back before the introduction of the disenchant option in dungeons, and the price of Infinite Dust was floored. It was so popular that we had our own name for it: The Saronite Shuffle.
Well, it's back! It's no longer profitable to use it for making enchanting mats, however it sure is profitable overall!
There are a few keys to making the Saronite Shuffle work for you. Firstly, these days, you need access to an alchemist, ideally with Transmute Mastery. Mostly for your Transmute: Skyflare Diamond and Transmute: Earthsiege Diamond. Epic gem transmutation is limited to one every 20 hours, and shouldn't really be considered in your final profitability.
What to do with the greens?
Prospecting saronite will give you a lot of green quality gems. These are used for a variety of things. Meta gem transmutes, crafting greens for disenchant or vendor, and flat out cutting and vendoring. Here's an awesome visual guide, put together by Zamboni on the JMTC forums.
The first thing to note is that if, at any time, selling a green gem on the auction house would be worth more than whatever this diagram says to do, sell it on the AH. Most of these green gems are in high demand for a variety of reasons (like the JC dailies), and if you can save yourself some work and make extra profit by listing your raw gems on the AH, go for it.
You can see here that for all the green gems you will get, there's something you can do with them to make a little profit. If you add it all up together, it's considerably profitable. Low 70s green armor (like Sun Rock Rings) vendor for more than they tend to be worth after disenchanting, so aside from the initial prospecting, a lot of the steps you'll be taking can be done while afk.
You should prioritize your work based on profitability. Look through the AH and list any of these gems for sale if they're over what you'd make by processing them. Then look at the uncut meta gems, as do the two most popular raiding cuts (Chaotic Skyflare and Relentless Earthsiege). Transmute and cut the metas, and then decide whether you have the time to cut or craft the rest for vendor or disenchant. Generally, the price of dust has to be over 1.25g for disenchanting to be profitable. For most servers, that means vendoring will be the best.
What to do with the blues?
The blue quality gems you get are going to be the other side of your profits. You have a few choices: you can transmute one per day per alchemist (if you have an alchemist), and you can cut and vendor or cut and auction.
There's a vibrant and thriving market for blue quality gems. Any non-raiders who have temporary gear but just need to throw a cheap gem into some gear will buy these. Arguably, there are more of these casual people than serious end gamers. If you haven't already, invest a few JC dailies into learning some of the more popular cuts. Start with a red one, as the Scarlet Rubies are easily the highest profit margin.
Assuming you have that alchemist, you should choose your daily transmute carefully. The opportunity cost of your gem is going to be what you could have sold it for (raw or cut) instead. While transmuting a Scarlet Ruby into a Cardinal Ruby that sells for 200g may seem like a tempting choice, your eternal may cost 30g and you may have been able to sell a cut scarlet ruby for 50g. One of the other transmutes might have a better profit margin, costing you a low demand and low price gem blue gem (like a Twilight Opal) and yield a cheaper but still valuable Dreadstone.
Once you have your daily transmute done profitably and your obvious gems cut and auctioned, what do you do with the rest? Sometimes you'll see a gem that, on your server, never goes above 5g whether you cut it or not. Never sell them below a final price (after the AH cut) of 4.5g, because you can vendor any blue quality gut gem for that much.
The Saronite Shuffle is still profitable
The thing I like most about making gold this way is that I can adjust how much time I spend doing it. If I have barely any time in a week, I'll focus on my transmutes and relisting cut meta gems and epic gems daily. If I have more time to chew on my "create all" button, I'll blast out a bunch of auctions for cut blues, and vendor the non-profitable cuts.
[image credit: quinn.anya on Flickr]
Filed under: Economy, Gold Capped






Reader Comments (Page 1 of 3)
Derrith Apr 14th 2010 7:16PM
And now that everyone knows this method, I give it a week before this, too, is no longer profitable.
seanthehorde Apr 14th 2010 9:03PM
This method has been around since the, or very close to, beginning of Wrath in some variation or another. The odds are that this isn't going away until the next Expansion. I'm sure the community is grateful for this all similar helpful comments
Derrith Apr 15th 2010 3:00AM
I'm sure it's been around for a while, but that doesn't mean that it was known to a lot of people.
I myself have used this method quite a lot, but it becomes drastically less profitable when even as few as 4 other people begin to do the same thing.
erd4595 Apr 15th 2010 5:12AM
What makes things like this profitable is the fact that there is little competition. With competition comes inflation of material costs and smaller profits (due to undercutting).
nikdaheratik Apr 15th 2010 4:41PM
What makes this method profitable is the fact that you are turning something plentiful (like saronite ore) with something much less plentiful (gemstones). If the prices of gems temporarily drop because more people are posting auctions, then stop posting your stuff until the market rights itself (or even buy up the cheap gems on your own and hold them). Conversely, if this causes the price of saronite to rise, unload your own stocks and do one of the dozens of other ways to make gold. In fact, if the gem price is too low but the saronite prices don't rise, then buy up all of the cheap saronite and hold it. If you can control the supply, you will force other competition out of the market.
TL;DR version: giving people who are unfamiliar with the market more information isn't going to make things hard for you, just adjust to the new conditions and wait for them to leave.
Nazgûl Apr 14th 2010 7:26PM
Smelting the ore into Bars, and then Transmuting those into Titanium is the best use of Saronite in my experience.
Kemikalkadet Apr 14th 2010 8:04PM
This is what i do as a transmute specced alchemist. So long as i can buy bars for less than 2g50s each i turn a profit before transmute procs. The procs happen often enough to give a nice return. Titanium bars sell kinda slowly though so it's not something i can spam to make cash, just something i'll do while i do my daily epic gem transmute.
Tim Apr 15th 2010 10:12AM
I gotta guy to do this for me. It is nice. It also complicates the whole process of figuring out the max profit per mats...16 ore -> 8 bars-> 1 titanium bar->Nose bleed.
Basil Berntsen Apr 15th 2010 1:19PM
For now, yes. However prices are reaching an equilibrium- I'm selling thousands of titansteel a week for 60g and tons of titanium bars for 10g, and I still can't get rid of all the saronite I have farmed. This method is a little more work intensive, but makes money.
Basil Berntsen Apr 15th 2010 1:32PM
**have farmed for me. I don't actually farm it myself... not enough hours in the day ;)
Liz Apr 14th 2010 7:30PM
You also forgot that we can make Icy Prisms that have a chance to drop epic gems, dragon eyes and the most common; rare gems.
Shane Apr 14th 2010 7:43PM
With the increased costs of Frozen Orbs across most servers, I find that it is generally a losing proposition to craft Icy Prisms, as the Orb + Chalcedonys you need to make it will almost always be worth more than what you get. I don't think the rare gems proc often enough to balance it out.
Zamboni Apr 14th 2010 9:23PM
Follow the link to the JMTC forum and you'll find an older version which includes Prism and Dream Shard options. This version has been lightly pruned to account for market changes.
Jay Apr 15th 2010 11:25AM
Frozen orbs seem to have started dropping on my server, people are realising that it's not worth swapping 1:1 for a Frost Lotus, plus I get 1 or 2 orbs a day on rolls.
With the cost of making the prism dropping from 3 of each gem to 1 of each gem it now isn't a huge drain on your chalcedony supplies. The sheer value of chalcedony is mad sometimes. Maybe it's just our server but mining or prospecting rarely turns one up.
Basil Berntsen Apr 15th 2010 1:21PM
As Zamboni mentions, I didn't forget, I took it out. Frozen orbs are worth far more as an eternal fire or frost lotus (or even a portion of a t8 or t9 crafting orb) than they are in an icy prism.
nikdaheratik Apr 15th 2010 5:00PM
It depends on your server as to whether it is worth the transmute or not. I usually do it regardless because I rarely both with prospecting stacks of ore and this still gives me a supply of blue gems for the alchemy transmute without depending on the AH prices.
From wowhead.com (adjusted for new prism requirements):
Cost = Frozen Orb price + chalcedony price + shadow crystal price + dark jade price
Revenue = 0.1 * Dragon's Eye price + 2.6 * (Avg. price of a blue gem) + 0.05 * (Avg. of an epic gem)
So as a rule of thumb, if a frozen orb is less than the price of ~2.7 blue gems (which is what you're most likely to get), you should go ahead and make the icy prism.
Rob Apr 14th 2010 7:36PM
This is going to be profitable until cataclysm (on some servers). Because it involves actual work. You forget how lazy people are. I do inscription. I spend 3-4 hours a week for milling/making/selling glyphs. That's actual work. But I tend to get 5k a week, so its good money. Also for me I spent months learning every glyph in the game. That's work too. JC is the same way, all the prospecting, the #$)* dailies, cutting, etc. Smart people will get their dough by figuring out a relatively simple process that's easy to work with. Zamboni figured that out a while back, shared it with us, and we're richer as a result.
Shane Apr 14th 2010 7:44PM
Since the CD was removed from Titansteel Bars, has transmuting Saronite into Titanium become more or less profitable?
Brian Broom Apr 14th 2010 8:28PM
On my server, at least, it has seemed a bit of a wash. The volume didn't seem high enough and it was pretty heavily undercut. If you're an xmute master, the extras will likely make it profitable. Now that the CD on titansteel is gone, it might be better to go all the way and make those, if you have access to a miner.
Skidd Apr 14th 2010 8:09PM
And just like that, you have single handendly exploded the price of seronite.