Gold Capped: Epic gems must be in patch 4.3

Now that we know that patch 4.3 will be the final Cataclysm content patch and contain the means with which to kill Deathwing, we know beyond reasonable doubt that epic gems will be released in that patch.
It's unreasonably doubtful that Blizzard would introduce epic gems before 4.3, and aside from not introducing epic gems at all, that's the only option that would lead to my prediction being wrong. That said, there's tons of stuff we don't know about how this will work. Here's a big one: Where will epic gems come from? If we knew that, intelligent auctioneers would start stockpiling ages before the patch in preparation.
The unique epic gems (like the Brilliant Blazejewel) are not currently available in game but were added to the client in the last patch, so we know how much better they will be than regular blue-quality gems.
Learning from history
In Wrath of the Lich King, epic gems became transmutable from blue-quality gems and prospectable from the rare ore of the day, Titanium. This was a small supply compared to the demand, so eventually epic gems became purchasable with honor. In The Burning Crusade, epic gems were rewarded mostly to guilds clearing raid content, and no effort was spent making them more easily obtainable to your average raider.
In Cataclysm, the obvious choice would be for Blizzard to make epic gems prospectable from Pyrite Ore and allow alchemists to transmute them. Of course, that's obvious enough that Blizzard might decide to come up with some spin, alternative, or variation to make us feel like we're getting a fresh, new mechanic instead of an old, stale one.
Profiting off epic gems
If Blizzard elects to make the obvious choice, the plan to profit from epic gems is clear and simple. First, stock Pyrite so you can prospect it or sell it to desperate jewelcrafters the day patch 4.3 launches. Second, stock the most expensive Volatile on your realm and Truegold, as it's fairly likely that alchemists won't be using their daily cooldown on these when they could be making expensive epic gems instead.
If you are a jewelcrafter, you should be hoarding your daily tokens so you can afford to buy cuts when they come out. If you are not a jewelcrafter, you should be buying Chimera's Eyes whenever they get posted cheaply so you can resell them when all the shortsighted jewelcrafters selling their daily token on the AH realize that they want all the epic gem cuts.
Inflation and deep pockets
The effect on the economy would be very similar to what we saw in Wrath, where at first, only the most wealthy guilds will be able to get epic gems on everyone. Considering this is going to increase their core stats by about 100, there is a point where it would be better to spend that money on BOE upgrades for most people. Eventually, the production of epic gems would start to catch up to demand and cause price drops, which would let more people use them. We may see them purchasable for honor or justice points at some point.
If I remember correctly, epic gems after a week or two in Wrath were worth about five times the old blue-quality cuts, on average. That was based on completely different market conditions than we have now, though. Our recent ridiculous levels of inflation might mean that the prices for epic gems might be horribly out of reach of all but the wealthiest for much longer. There are more wealthy people and guilds now, and the depth of their wealth is much deeper than was the case in Wrath.
There's no easy way to measure this, but if more of the wealth created since the launch of Cataclysm is currently sitting in deep pockets, then epic gems will be unavailable to the unassisted raider for a long time. If the majority of this wealth is instead sitting in the pockets of people who count daily quests and valor point bracer sales as a significant part of their income, then it won't be as long. Since an absolute metric butt-ton of this inflation was due to a probable typo in the vendor prices for uncut green gems, I'm betting on the first outcome.
Something completely different
The only reason everyone is assuming that epic gems will be prospected from Pyrite and transmuted by alchemists is that so much of the rest of Cataclysm feels like save as programming. Almost everything we see in the professions has a Wrath equivalent, so we look back to predict the future.
If the development team decides to throw us for a loop and completely redesign the epic gem system to make a better game, however, all the speculators hoarding Pyrite Ore and Truegold will be hosed. If this happens to you, whatever you do, don't sell when everyone else is panic selling. Wait until they finish, and decide whether selling before the next expansion can be profitable; otherwise, hold.
What makes a game "fun" isn't what makes it "fair," but I'm in no way qualified to be able to explain why or how. We might see Blizzard make epic gems more like Books of Glyph Mastery in Wrath or the best-in-slot bracer enchant formulas this expansion, where nobody can centrally produce them. This would make profiting on the creation of epic gems only possible by by stalking trade chat and the AH and buying low.
We may instead see something closer to the older design, but instead of epics being transmuted by one profession and prospectable from ore, giving every profession a cooldown that could create a gem. This would reduce demand, as people would simply make their own gems, and the serious profit would be in cutting them.
We could even see a design that went back to Burning Crusade logic that mostly made epic gems available to raiders, allowing raid groups to make a profit instead of auctioneers. This would still allow cutting profits but would reduce demand, as most raiders would simply get enough gems from their own group's production.






Reader Comments (Page 1 of 3)
Bryan Aug 26th 2011 2:09PM
Will we be able to buy Chaos Orbs soon too? Or will they always be soul bound? I know the Frozen Orbs aren't soul bound (not sure about the beginning of Wrath since I wasn't playing then)
blazenor Aug 26th 2011 2:17PM
I thought that Chaos Orbs were to be BOE one day (I thought I read that somewhere), but I'm at least hoping that it could become BOA.
omedon666 Aug 26th 2011 2:41PM
I would be very very surprised if chaos orbs ever became any form of tradeable, since Blizz has to know that we'll know this before it's live, and the bitching will be epic ("I should be able to stockpile these, it's not fair that only crafters..." etc, etc).
They work well as a crafter's reward, I personally think they should stay that way.
AROD Aug 26th 2011 2:54PM
They should be BOE because since you are able to buy T11 gear with JP people are crafting less and less. The only market for Orbs as far as I can see are the shields because there is no other option besides the 346 pieces. The 378 pieces are just too expensive craft and to see. So as a crafter I think they should become BOE or at least BOA. Who does not have a crafter that has chaos orbs and nothing to craft. I have an engineer with about 20 orbs and nothing to do.
Revynn Aug 26th 2011 3:06PM
Blizz stated in a blue post several months ago that Chaos orbs would become unbound in a future patch.
Jordan Aug 26th 2011 3:10PM
I would think that they would only make Chaos Orbs BoE when a new orb for crafting shows up - yes we have Living Ember, but these recpies still require Chaos Orbs. Just like when Runed Orbs came out, and you could trade 4 Frozen for one Runed - This makes sense because people will start to farm, and Chaos orbs are no longer making the BiS gear (ATM they don't make BiS but the 365 Weapons aren't bad at all, espeically if your guild isn't raiding Firelands yet. We're talking T11.5 iLvl) But until then Chaos Orbs are still going to be BoP - if they do go BoE though expect the prices on all of those 359/365 Craftables to fall like a friggin' ROCK.
Noyou Aug 26th 2011 4:12PM
I have every crafting profession in the game. I have 0 chaos orbs. So no. They most certainly are not a crafting reward. What they are is some lame developers thought of equality. Again sorry, leaving RNG to decide whether who gets something to use for crafting is a bit shameful in my opinion. I do like the fact that you have to have to have a crafting profession to roll on them, initially. However, I think after the 2nd raid tier came out, they could have made them more easily available to people who don't have the time or the stomach to run heroics and "maybe", if the cards were right, if the sun was in the right position, if luck was with you, you could get one.
Hal Aug 26th 2011 5:57PM
I'm not sure it matters too much these days. Though the markup is (rightfully) about 1000g/orb on the AH on my server, most people in trade declare they'll pay 100-200g per orb. The sad thing is, there are a lot of people willing to sell them for that price just to move them.
I know, they're only worth what the market is willing to pay for them. Still, I don't have the cash to craft all my orbs into gear, and I'd rather just hold on to some for now just to see what happens.
fbp Aug 26th 2011 6:36PM
I think a better solution for Chaos Orbs is make every profession have a way of making them with certain profession based mats. Like take some volatiles, some various mix of (herb, cloth, bars, leather, dust) and some other mat(maybe something that drops off every boss and is buyable via JP, and put a 1 day or so cooldown on it.
vocenoctum Aug 26th 2011 7:01PM
They said they'd be unbound (as opposed to BoE, since you don't equip them, but we all know what you guys mean :), but not when.
At this rate, they won't be unbound until the 359's are completely worthless.
sharlatan Aug 26th 2011 8:44PM
Chaos orbs being BOP and for crafters only was a retarded design by Bliz.
Why, after being part of a group running an instance to gain that loot, shoudl I be exculded from it, and then charged through the fucking roof by crafters selling me 'orbs' to craft gear, when I helped them get the orb in the first place.
its a stupid design. But then from Bliz what do you expect.
The Dewd Aug 26th 2011 2:11PM
I can't imagine that they'd do it but what are the odds that Blizzard wouldn't release any epic gems at all?
Jordan Aug 26th 2011 3:10PM
All I know is this:
IF they do release epic Gems...
I'm going to be broke shortly afterwards cause I'll need them in every slot @_@;;;
But as a note Blizz never made Epic Meta gems for helms, so they MIGHT not release epic gems... but to be honest they probably won't hold back the epics for long... though Epic Meta's would be interesting!
Noyou Aug 26th 2011 4:18PM
I hope they come out. I have been stockpiling my JC tokens for over 8 months now. I even have a 2nd JC who has been stockpiling his tokens in case I need to get chimera eyes.
Asher Aug 26th 2011 2:13PM
I would be willing to wager that some of the new JC recipes will be available from the new Darkmoon faire "Ticket" system. This will ensure that JCs that have been hording the current tokens will not have access to a lot of patterns at 4.3 launch; and create a natural "rollout" period.
My money is on Pyrite to be prospectable for a chance at Epic Gems. This will of course create massive initial demand for Pyrite, there will be a lot of money to be made initially and if Pyrite is indeed the source of the gems, the market will find a much higher price for the ore than currently stands.
Hal Aug 26th 2011 2:26PM
That actually seems like a bad idea to me.
Part of the problem with the old DMF was that it became dated so easily. The rewards for the various quests were irrelevent with the release of BC, and only became more antiquated as we moved on.
The entire premise of DMF seems like it ought to be optional, timeless, and completely for fun. Locking away top-end aspects of an expansion (in this case, professional recipes) into a place like that only ensures that it ages poorly and is resented by people who would prefer not to play WoW-Carnival just to work on their profession/raiding.
Arrohon Aug 26th 2011 3:39PM
I'd laugh if they decided to put them on the the DMF island and the patch dropped on the 2nd week of the month... which is why it won't be there.
Mummrah Aug 26th 2011 7:04PM
I have to agree with Hal here. So let's say Mr./Ms./Mrs. JC has weekend plans that happen to coincide with the DMF so they would be unable to participate in the suggested DMF based epic gem race. This person then has to wait and entire month for the DMF to come back before s/he has a chance to do it again. No chance Bliz does something ridiculous like that.
Zaet Aug 26th 2011 2:15PM
What about the JC perk of having 3 jewels that gave 81 more stats? will there be another recepie for epic epic gems?
Verine Aug 26th 2011 2:26PM
If I recall, they were auto upgraded, as were the LW wrist and Enchanter ring enchants.