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Posts with tag auction

Time is Money: Using the unmodified Auction House

Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).

The Auction House is something that you've probably been using since you were a wee little thing, still counting coppers. Despite this experience, there may still be a few things about the system that you might not know, and these tricks will help you buy smart and sell with confidence.

Purchasing items
i. Price per item
When asked what the focus of my public school math classes were, the first thing that comes to mind is grocery store navigation. Seriously. I'm pretty sure that we spent an ample amount of time, spread out over the years, working on making change, understanding tax, and learning that price per unit (such as $1 per pound) is sometimes convoluted in order to trick us into parting with more cash.

When looking at the basic, unmodified Auction House, you can quickly determine which stacks of cloth are selling each piece for the cheapest. This is easy to do when looking at several stacks of 20, but often, there are several partial stacks for sale as well, and sometimes you can actually get a bargain by snatching those up. Other times, they're priced at a huge mark-up!

Mouse-over the icon for the item, and the tooltip that appears will tell you the Bid Price Per Unit and the Buyout Price Per Unit. In seconds, you'll be able to tell what to bid on, what to buy out, and what to avoid.

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Filed under: Items, Analysis / Opinion, Tips, Tricks, How-tos, Economy, Features, Guides, Making money, Time Is Money

Time is Money: Low-level cloth


Kebina Trudough here, offering you the best gold making secrets they don't want you to know about! I was like you once, poor and homely, before I discovered my patented system. Now you too can fill your pockets with the good stuff without ever breaking a sweat! Why spend all your time toiling when you could be vacationing in the Hot Springs? I'm not offering these tips for 100 gold, or 90 gold, or even 50 gold! No, not even 20 gold! My system is yours for FREE! Satisfaction guaranteed or I'll give you a full refund (handling charges may apply).

Cloth has always been a farming staple. It doesn't require any special skills, and you can begin right out of the gate. Changes to the game over the past year have put some cloth in even higher demand, making it an incredibly lucrative business.

While any cloth is worth farming, there are two types in particular, wool and mageweave, that fetch a high price. This is because, compared to the other types of cloth, they have a short window of appearance when leveling. Depending on how often you linger when questing, you practically jump straight from linen to silk, and from silk to runecloth.

To add to this, Blizzard has increased the speed at which we level, and even added bind on account shoulder armor that speeds us up even more. You can even Recruit-a-Friend for an unprecedented bonus.

The advent of achievements has also increased the demand for cloth, as people are eager to earn reputation, become pirates and then buddy up to the goblins again, and maximize professions. So how can you best take advantage of this market?

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Filed under: Analysis / Opinion, Tips, Economy, Features, Making money, Time Is Money

Insider Trader: Patch 3.1, profits and preparation

Insider Trader is your inside line on making, selling, buying and using player-made products.

Patch 3.1 is looming ever closer, and things are about to change in a big way. Today I'll be discussing how the patch is going to affect your professions, and how you can take advantage of this by maximizing your profits on the Auction House.

Players have become increasingly bored with raiding because the content that was released with the expansion pack, Wrath of the Lich King, was too quickly conquered. Across the board, players are showing up to raids on an inconsistent basis, and many people now spend much of their time on the Public Test Realm playing through Ulduar.

This has contributed to falling prices on the Auction House for raiding materials and consumables, because not only have many people stopped raiding, many others have decided to save their gold and raid without being buffed to the gills.

What should you do in these tight times? Aside from the things for which you are currently saving, the patch will bring with it a 1000g bill to learn how to dual spec, costs to fund raid wipes, bring new consumables, and enchant and gem new gear.

By learning what to sell and purchase and when, you can minimize your post-patch costs and make some gold while you're at it.

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Filed under: Herbalism, Fishing, Mining, Alchemy, Blacksmithing, Cooking, Leatherworking, Tailoring, Enchanting, First Aid, Patches, Items, Analysis / Opinion, How-tos, Economy, Jewelcrafting, Features, Raiding, Guides, Making money, Buffs, Enchants, Insider Trader (Professions), Wrath of the Lich King, Inscription

10 things I learned from a destitute alt on an RP realm

I have a few alts on an RP realm that I visit from time to time, and I remember thinking to myself at one point: "These characters are a bunch of deadbeats." I'd gotten too used to the alts on my main realm being a bunch of pampered brats, spoiled rotten by the presence of a hardworking main, so financial discipline had grown to be a thing of the past.

Not so on another realm where you don't have a main, and I realized that unless I went back to a few monetary basics, my alts would wind up dancing naked on mailboxes in pursuit of gold. This is a fine tactic with a long and storied history, but when your most promising alt is a level 16 Undead Mage, you're up the proverbial creek. No one wants to see a rotting, naked corpse.

So I started not being a deadbeat, and it was with surprise and delight that I logged on to find the little tyke sitting on a pretty respectable pile of gold by level 21 -- as in, he can afford to pay for his level 30 mount and training several times over, and still have enough left over to train himself all the way to 45 even if he doesn't make another penny.

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Filed under: Herbalism, Mining, Skinning, Cooking, How-tos, Economy, Humor, Making money, Mounts, Alts

Child's Play auctioning off a Warcraft Wolfrider statue

Blizzplanet (with a shiny new design) reports that the big Child's Play auction this year is going to feature a special prize from Blizzard: a bronze statue of the Wolfrider that was given out to Blizzard employees. Child's Play, as you may know, was started by the guys over at the Penny Arcade webcomic, and collects money every year to purchase videogames for sick children in hospitals all over the country to play. Their annual dinner auction in Seattle is always a huge event (and Tycho and Gabe are always there), but there are also lots of other local events going on, including one here in Chicago that I'm going to be attending for WoW Insider, where we'll give away some Warcraft stuff from friends of ours like Swagdog.

If you happen to be in Seattle, though, and have some money to spend on a Wolfrider statue, this could be an awesome collectible. As we said, they were previously only handed out to Blizzard employees (though a few have leaked out to the public already), and there is a much larger version that will be installed outside Blizzard headquarters (I believe they have another copy in the lobby already).

Very cool piece of art that will be auctioned off for a very good cause. The auction's going to be held on December 9th -- seats are $125, and of course the statue will go to the highest bidder of the night. We'll keep an eye out to see what it eventually sells for -- our guess is not cheap.

Filed under: Items, Fan stuff, Blizzard, Contests, Making money

Do botters really matter?

Blizzard has had the big botting ban now in place for a couple of weeks, and there are a few people I've noticed who are not online. Additionally I've noticed a change in the auction house price. There are some items like low level enchanting mats that are going for tons more, and others such as high level crafting mats which are going for much less. This is outside of the normal market fluctuations on my server, and many people attribute to the removal of botters.

This could be a fallacy of causation – the removal of botters might not have lead to the shakeup at the auction house. There really is no way to prove it, other than the circumstantial evidence of price fluctuations timed with the removal of often-botted items. And in the end, these price fluctuations end up being a wash anyways – the extra that is spent on the lower level items is more than likely offset by the cheaper higher level items.

Between the recent wave of bannings and the seemingly nominal impact the ban has had on the overall economy, this begs the questions – do botters really matter? And should Blizzard just ignore them?

While it might seem like the answer is a firm no, let's take a look at some of the underlying reasons and assumptions that people bot and why it's considered bad. In particular we'll look at reasons surrounding leveling, playing the economy, and engaging in PvP.

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Filed under: Analysis / Opinion, Economy, PvP, Features, Leveling

Frostmourne goes for $20k


So yes, Frostmourne is a sweet sword, and yeah these real-life replicas are great (like a couple of thousand dollars great). But $20,000? That's how much the winning bidder put up in the Weaponmasters auction to get a limited edition low number sword, a gaggle of extra goodies, and of course the real reason someone would spend five figures on a collectible: membership in the Arthas' Army of Disciples club. That's a lot of cash.

Blizzplanet has a list of all the bidders (for public humiliation purposes?) -- the "winner's" (if you can call someone out $20k a winner) name was Xeophonix, apparently from Italy. Only the first two bidders went all out -- there's one more $20k bid, and then it drops to $12k, $5k, and then on down from there to the much more reasonable bids around $500. But grats to Xeophonix -- hope the $20,000 sword is worth it. And watch your back -- we don't know exactly how you kill a Lich King, but if Weaponmasters didn't quite get Arthas' sword away from him for good, you might have an angry Menethil/Ner'zhul showing up at your door.

[Via MMO Champion]

Filed under: Items, Analysis / Opinion, Fan stuff, Odds and ends, Wrath of the Lich King

Bronze Kettle auctions character art for Child's Play

It's that time of year again-- the time of gamer giving, and the good folks over at The Bronze Kettle are running a terrific event for Child's Play that is sure to bring in some great cash for the annual Penny Arcade sponsored charity. They're auctioning off a custom Starprints illustration, charm, and avatar of the World of Warcraft character of your choice. Starprints actually sent us one of their pieces for our recent fan art contest, and while they didn't win, they are definitely cute little charms, and a completely original piece of art for your character.

As of this writing, the highest bid is only about $31, but come on, people! This is for charity! If you have any interest in getting your character immortalized in a piece of art, get out those wallets and offer some cash. Not only are you picking up an illustration, charm, and a custom avatar, but you're supporting a great cause, too-- 100% of the sale price goes straight to the charity, which supports hospitals around the country with videogames and other needed items for children.

And stay tuned to the entire Joystiq network for more Child's Play related giving this year

Filed under: Events, Fan stuff, Virtual selves

Auction House Updates in 2.1

I love the Auction house. I've got a mule parked there just specifically so I can log over periodically, scan, and then snap up any bargains and either stash them for tradeskills, send them to an alt, or resell them if it's an item that has been severely under priced. (I can't tell you how many copies of the Savory Deviate Delight recipe I've bought from the AH for 40s that I resold for at least 5g.) But I have to admit, I've never thought that the search interface was too terribly good. Then I saw a blue reply to a forum request for changes to the auction house that made me a happy panda. According to Eyonix:

...We're also working to improve our user-interface, which includes the auction house. Below are some of the changes slated to be implemented for the next patch.

  • The Auction House now has a reset button that will reset all fields you have entered to allow you to quickly try a different search.
  • When items are being put up for sale on the Auction House, if the item you are putting up for bid is the same item and quantity as the previous item you put up for bid, it will automatically fill in the price and buyout for you with your previous price.
  • Gems are now searchable in the Auction House under the heading of Gem with the gems then broken up by color so you can search for all gems of a specific color.
I just wonder if the end version of automatic fill they implement will remember prices from when you were logged in before like Auctioneer does? Or will the auction house "forget" things as soon as I log out -- or perhaps even as soon as I close the auction house interface? It's not enough of a change to replace Auctioneer for me, but it's a step in the right direction at least.

And I lest I forget -- Hooray searchable gems by color in case you missed it in the previous patch notes!

[via the General forum]

Filed under: Patches, Items, News items

Best practices for a banker alt

Lately, I've really been pushing hard to get the 5k gold for my epic riding skill-- as I said on Friday, that Netherwing mount is calling my name. And so, on the advice of a rich guildie, I've finally made it a point to get a fulltime auction house alt. I chose one of my younger, less-played alts, stuck him between an Auction House and a mailbox (it happened to be in Thunder Bluff, but it could have been in any capital city), and made it a point to start scanning the AH every day, posting auctions when I start playing, and sending items to the alt when I'm done playing. That way, the next day when I log in with my bank alt, all those items are sitting in the mailbox, waiting for me to put them on AH-- right after I scan it again.

That's what Amanna at Adventures in Azeroth does as well-- though she goes even farther and looks for deals on gear she has in mind to buy. It would be great to have that kind of know-how, and I'm sure it makes money, but I don't have time to know the approximate costs of every little thing-- I leave that to Auctioneer. (Auctioneer does come with a mod called Bottomscanner (used to be called Bottomfeeder) that is supposed to find deals on high-priced items for you, but I'm not sure that I can get it to work right-- I'm worried that I'll spend a bunch of money on an item I can't sell).

But if nothing else, I do have to agree that the formula works-- check the AH with your alt when you log on, and mail items back to that alt when you're done playing for the night. It's a basic thing to do (and anyone who's been interested in making money before has probably already started doing it). But making money seemed like such a chore before (I'd rather be killing stuff or grouping up then worrying about prices and checking the mail), but it's actually become fun for me to log in every day and check what's sold and how much gold I've earned.

Filed under: Items, Tips, Making money, Alts

A Seller's Market

After playing on a number of different servers of varying types, it's becoming clear to me that, just as there are two very different factions in WoW, there are also two vastly different economies at work, aswell: the Horde economy & the Alliance economy. Any Horde player who has decided to roll an Alliance alt immidiately notices one thing upon his first trip to the auction house: things are far more expensive on the Alliance side.

A stack of re-agents that might sell for 20 silver in Orgrimmar might go for more than a gold in Ironforge; enchantments are far more expensive when bought from Alliance players, and although the NPC goods & services cost the same for the two factions, the inflation on the eastern continent makes for a very different playing experience on the side of the Alliance.

The question is: why the big price hikes?

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Filed under: Horde, Alliance, Items, Analysis / Opinion, Economy

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