Gold Capped: Selling valor point gear

Every single content patch, Blizzard turns the tables on gold makers and, for a brief period of time, allows any player to make tens of thousands of gold by selling valor point-bought BoE gear. We've all seen the ads in trade of people looking to buy them or sell them, but most people focus on their own gear first and only think about selling them once they've gotten a few upgrades. Is this unwise?
What if I told you that you could get several thousand gold and still have as much valor gear at the end of the month as your guildie who didn't sell a single BoE? It's all about timing. The valor point weekly cap is 1,000, and in the beginning of the week that valor BoEs are available for purchase, the prices are extremely high. They stay high for a few weeks but quickly plummet as people start to use more points to buy gear for selling. They bottom out eventually when people stop having upgrades available for valor.
Easy gold for everyone
So how do you have the same gear as your guildie but have a few thousand folding gold? It's simple: You delay your boots and bracers until last. The first boots and bracers you buy are sold to someone with more money than patience, and then you save some of that money to buy "back" a pair of boots and bracers for a fraction of what you made once you had everything else you needed. In the meantime, you were two upgrades behind everyone who bought pieces for themselves ... but that's also two more slots you could conceivably get a raiding upgrade for.
Every single level 85 character, even if they don't raid, can cap their valor points each week. If you do raid, selling them will result in a slower progression of your average ilevel. If you take advantage of this early rather than later in the month, you can get some easy gold. And easy gold can buy you other, potentially more desirable BoE gear. Heck, with the price of enchanting mats and cut gems these days, you might get the best bang for your buck simply using the money for best-in-slot raiding enchants and gems.
AH or trade channel?
So you've decided to sell a BoE or two. How do you even go about this? The obvious way would be to advertise in trade channel with your price and the gear that you can access. This is popular because it's risk-free and everyone else does it. Because of its popularity, though, you will find prices are lower here than on the Auction House. The advantages of trade are still pretty convincing, though:
- Risk-free You have points until you get the gold. If you don't find a buyer, you can still buy an upgrade for yourself.
- Efficient It doesn't matter if your buyer is a tank, a healer, or buying for an alt. All specs' gear costs the same: 1,650 points for boots, 1,250 points for bracers.
- Cheap You don't have to spend money to advertise in trade, and you don't have to pay a 5% trade chat tax.
That said, there's risk and inefficiency with this way of doing things. You have to choose the item you'll be selling before you know the buyers for it, and if you're unlucky with your choice, you risk having no gold, no points, and no equippable gear.
Mitigate the risk
There are a few things you can do to reduce the negatives of selling your cash cow on the AH:
- Bark your price in trade for a DPS queue or two before committing to the Auction House. If you get any offers that overwhelm you, take the money and run.
- Analyze the AH prices for all the different pieces of gear you could sell. This is particularly well done at the Undermine Journal. There is a lot more demand for plate, leather, mail, and cloth DPS gear than, for example, tank gear. But there are a lot of tanks, and if the market for the DPS gear you're looking into is completely saturated, it may not be for a less common type of gear.
- Once you've listed the piece on the AH, bark a link to it in trade whenever you remember, and tell people that you'll give them 5% off the posted price if they give you a chance to cancel it and trade them manually.
Auctioneers, watch out
One of the most satisfying things you can do while making money is actually buying low and selling high. It's risky business normally but potentially very profitable in the beginning of a patch where large amounts of money are being spent. In this case, the best way to make money flipping valor-bought BoEs is to watch trade for good deals and sell them when trade is less busy or on the Auction House.
It's risky business because the value of every BoE will eventually plummet. Riding the brink between trade and the AH always runs you the risk of having the risk of your entire stock being devalued from under your feet -- especially because the increased prices paid on the AH are usually really only paid when you list the item for long enough, which goes directly against the requirement of a fast turnaround.
Filed under: Economy, Gold Capped






Reader Comments (Page 1 of 1)
00ZER00 Dec 16th 2011 3:50PM
I think buying low and selling high is nigh-impossible if you're looking to gain a decent profit when dealing with the latest BoEs. People just undercut you over and over, even on the wee hours in the morning.
AdamAldaine Dec 16th 2011 4:13PM
I don't like doing this but if I'm desperate I'll settle for buying low and selling mid-range. So if I snag something for 10k and the going rate on the AH is 15k and dropping, I'll advertise on trade for 12k hoping to get someone else to take it off my hands.
AdamAldaine Dec 16th 2011 4:10PM
I did the following recently, and I felt kind of bad about it but keep in mind I didn't pressure anyone into doing anything they didn't want to do: I advertised on trade that I was wanting to sell valor bracers for 8k. I got a buyer. A few days later I saw someone else advertising to sell valor bracers, "pst with offer." I figured what the hell, and offered 6k thinking there's no way they'd agree, but they did! So when all was said and done I had shiny new valor bracers equipped and 2k in my pocket.
The Todd Dec 27th 2011 9:02AM
I actually manage to buy boots for 5k and wrists for 3.5k. Maybe they were desperate or drunk I'm not sure but I feel I made good business.
powerwordgold Dec 16th 2011 5:12PM
Last Sunday I did a video on how to go about doing this with Wowhead searches and Auctionator shopping lists. http://www.powerwordgold.net/2011/12/building-valor-bracer-shopping-list.html Give it a look if you'd like step-by-step instructions on how to get good Auctionator shopping lists set up to quickly know which (if any) Valor items you should look at flipping.
KPB Dec 16th 2011 5:36PM
The price on these seems to have dropped quickly on my server or maybe I just got lucky. I bought a pair of bracers for 5k from someone shouting in trade. There is definitely money to be made and you don't necessarily have to wait months for the price to drop but it can also bit you pretty quickly.
Eyhk Dec 17th 2011 12:11AM
i've noticed that trade barking is more competitive than undercutting in AH because people take it more personally. The interesting side effect though, is that it affects people posting in AH since the perceived price goes down and the perceived competition goes up. For a medium population server like mine, the starting price was 35k for boots, but a couple of strategic undercut barks in trade quickly sent the price spiraling down to 8 to 10k in trade. When whispered though, they were rarely willing to actually sell. They just wanted to retaliate. In the mean time, in the AH people stopped undercutting by a few gold and started severely undercutting to keep up with the trade barking prices. Buy low! Most of my inventory actually sold in the wee hours and in the early afternoon before peak time at 18 to 20k. Profit!
Methuus Dec 16th 2011 9:49PM
One other piece of advice I have for valor BoEs is to buy something that one of your characters can use. Even if you're hoping to sell the gear.
That way, worst case scenario, even if your tradechat and AH sales attempts go nowhere, at least you can use the item.
Nothing worse than having agi leather bracers you can't sell and no druid or rogue characters.
Mycroft Dec 17th 2011 8:46AM
Great tip, but I was too late to pick up on it. Myself I was more interested in raid gearing than gold-making, so on week 1 I got vp capped on 3 toons, then week 2 I bought a bis bop on my main and got both the bracers and the boots from alts to send to my main. I suppose I could try vp grinding on my alts purely for wrist/boot selling, as the raid finder makes getting halfway there pretty fun.
I do have a question though: What the heck happened to volatiles? On my server, earth, fire, and water are plummeting in price and skyrocketing in availability, with tons on the AH for as little as under a gold each. At first I snapped up all that were cheap (auctioneer's threshold of 50% market value), but now I've got thousands sitting in my gbank and they're not moving.
Are these now just easily farmed somewhere, are they no longer being used in crafting, or should I just soak up the supply for relisting later, hoping I can clear them out before MoP?