March Gold Making 2013

The month started with some professions kit sellling, by sorting out my guild banks and a few hours of farming while in LFR queue I managed to put together 7 profession kits. As of writing i've sold only 2 alchemy kits so far for total of 23k in sales. I will look again at my prices and might drop them for my other kits.

 I get a lot of whispers about Blacksmithing kits however when you say you can provide one for 15k they are no longer interested. Out of all the profession Blacksmithing is the one I get asked about the most however these same people are reluctant to pay more than 10k to buy one. For now I continue to bark my current kits and dont plan to make any more

Leveling alts 88-90

So I have used this spot on three of my toons so far, you will need rested xp and a battle standard is very useful.

Go to 60,87 Townlong Steppes

Fast respawn mobs and a rare , also nearby is a quest mob called Needlebottom that gives you 100k xp with rested xp. The respawn time is around 45 seconds.

If the rare spawn is up kill it if you can, very easy on a tank or pet class.

1) kill all the mobs including the turtles that spawn near the rare spawn
2) Kill Needlebottom
3) kill 1-2 mobs nearby
4) Repeat 1-3

Drop your banner in the turtle area for the most benefit. Also you can queue LFD while you grind these mobs.

Great spot if you are getting a little bored with TS, DW questing.


Disenchanting 458 gear

Nine Golden Lotus a new record for me

WTS Moss Agate

Embersilk Cloth -> Hypnotic Dust

 + 219,147g in 7 days

Screenshot ... Tuesday?

I thought I would share some screenshots about what i've been upto lately.

A wowhead comment lead me to these two caves in Kun-Lai which are amazing.

If you have a toon with herbalism and mining then it is even better and at least on my realm i dont see anyone else here.

 I've been trying to hunt down the last of the 450 boa items in Dread Wastes.

I have also been levelling my toons, I managed to get hold of the BoA legs this week.

I got these amazing gloves first time on my horde toon but no luck even finding him spawned on my alliance gatherer.

 I've been trying to find a good mote of harmony spot in the middle of nowhere, and as you know from my deepholm posts I like having NPC's help me do damage. This spot is a bit hit and miss i've got as high as 45 motes per hour here and as low as 25.

Yesterday and today i've been looking into grinding spots in Jade forest to get several of my level 85's some fast xp. The jade forest and Vo4W questing is getting a little boring.

My Week in Wow and the June Gold Chart

June Gold Chart

What has been selling this past week

Wildvine

Levelling via pvp

Cross faction Herbs

This chart tracks changes in liquid gold in June

The first thing to say is I don’t make a profit everyday, some days I will break even or make a loss. This can happen because of a combination of bad sales and buying  a lot of cheap mats. I am in the scrolls market so I mass buy cheap Maelstrom crystals and try to keep the price above 140g. This increases the sales for my main scrolls Landslide, Windwalk and Power torrent.

There was a time in the middle of the month where liquid gold increased steadily. To consistently increase gold through the lull I have diversified, I’ve gone back into markets I used to be in (Wotlk flasks, low level tailoring/LW). I am using wowuction to try and spot the gaps.

I focus on items with a 0.2 – 0.4 sold per day. I then look at TUJ to see if the item is posted consistently I’ve found some things like mongoose where the competition only posted during weekends. I post every day so I am getting those extra sales.

I get a lot of question about how it is really hard to make gold when really it’s not. You just need to set yourself a target and track your progress. Get the MySales Addon and config it so you see your weekly sales. See where your money is coming from. Set yourself a weekly target it might be 1k, 10k whatever you think is actually achievable.

Use TUJ to see what the busy sellers are doing, most likely the first 1-2 will be into 100% glyphs but look at the rest and see what they are selling and what they are posting, get some ideas!

Snapshot of MySales for this past week

Jim mentioned wildvine on his livestream a few weeks back, I got a few gathering herbs in felwood and they sold within an hour, I will price them a bit higher next time!

I have been pvping a lot this past week on my warrior and shaman in the 80-84 bracket, queue times are around three minutes.

I made a shopping list of herbs I needed to powerlevel 3 alchemists and a scribe, I knew that there would be times I would have to farm herbs because of the quanity I needed, I am looking at you goldthorn / strangelkelp. I went ahead and farmed up the gaps using my tauren druid and yesterday moved them all over.

Check out: Making Gold at the end of an expansion: Up 429k in 30 days

Subscribe to the RSS Feed and join the conversation on Twitter @TheOvercut

Prospecting: Iron Ore

Obsidium, Elementium and Pyrite are not the only ore you can prospect for profit.

It took me a week to buy one hundred stacks of iron ore. You can farm lots of Iron ore in Ferales.

Source: wowhead

This is the resulting amount of uncommon gems after the prospecting. It will take some time to sell all these but with lots of people switching from their mains to levelling alts and professions I hope to sell them all over the next two weeks.

Results of Prospecting 2000 Iron Ore:

158 jade

144 lesser moonstone

139 citrine

22 star ruby

18 aquamarine

Using Tuj EU mean data

Jade 12.77

Lesser moonstone 2.96

Citrine 12.12

Star ruby 8.73

Aquamarine 8.58

Cost of Iron ore mean 38.58g/stack x 100 stacks = 3858g

Jade = 2017.66

L.Moon = 426.24

Citrine = 1684.68

Star ruby = 192.06

Aquamarine = 154.44

Total value = 4475.08

Potential profit = 617.08 Not great profit

Using my realm data

Took me a week to buy 100 stacks because I only bought ore that was below 14g/stack.

Cost is 14 x 100 = 1400g

Jade = 2370

L.Moon = 403.2

Citrine = 695

Star Ruby = 129.8

Aquamarine = 113.4

Total value = 3711.4

Potential profit = 2311.4 Nice profit from 1400g investment.

What you might want to look into doing :

Farm iron ore, sell it raw

Farm iron ore, prospect ore, sell gems

Buy iron ore, prospect ore, sell gems

Keep an eye out on the price of iron ore and these gems. Use this Auctionator shopping list to get a snapshot of what is going on in this market on your realm.

*** iron ore_Gems

Iron ore

Jade

Lesser moonstone

Citrine

Star ruby

Aquamarine

If you go to TUJ -> Enhancements -> Jewelcrafting scroll down to the bottom and you will see a Prospecting Value table which can give you a good idea whether this is worth doing on your realm.

Farming Embersilk Cloth and level 77-81 Greens

I was trying to get into the crafted cloth pvp market but I was struggling to get any good volume of Embersilk cloth. Items were selling but it could take me a week to do a full restock because of the shortage of cloth which went up in price from around 70g to 85g a stack.

I remember Faid did a video of farming for cloth on her DK.  Tailoring - WoW GoldRush - Gold Making in 15 Minutes

I took my Frost DK (ilvl 374) over to Deepholm to see how much Embersilk I could get in an hour. While running round and killing stuff I was also picking up items in the 77-81 range. I used a Potion of Treasure Finding so that I could get extra Embersilk cloth from the tiny treasure chests. These are my stats based on my realm prices. Embersilk 4g/ea and 77-80 greens 250g, I don’t put a value on green over level 80 because they might not sell so I price them in as zero gold. If I get lucky and pick up an 81 chest/shoulder/wep then yes it will sell but just to keep math simple I split up the greens I got into good and bad.

Good Greens level 77-80 Value 250g.

Bad Greens level 81 and above Value 0g in below figures.

Level 81 armour other than chest/shoulders can sell like these legplates but these sales are less frequent.

General tips: 

Always be doing damage. When I stop to loot I’ll throw death and decay on another group and a howling blast on another, I am looting and mobs are going down in health. I experimented with reforging everything into mastery but I did not really see any increase in damage so went back to no reforging. I use Glyph of Howling Blast and Glyph of Icy Touch. I am not great at playing a DK I just use howling blast and when they get close use frost strike.

 In one of the runs i did not get a green for fifteen minutes and then I got three in a row!

I did get killed a few times, my dot everything strategy (4-5 groups at a time) might rub some people the wrong way but thankfully the Graveyard is very close and you dont lose the potion when you die.

(Update Image 21st May new record for me 47 chests)

Hour 1

42 chests

145 embersilk

11 good greens 4 bad

1 blue

1 jc recipe inscribed hessonite

30g

42 chest opened gave the following:

145g

231 embersilk

3 good greens 3 bad

17 pyrite

10 air

19 earth

23 water

23 life

6 fire

10 ele ore

1 hour + potion = 5000g/hr

Hour 2

Chests 32

Cloth 167

Greens 7 good 9 bad

90g

32 chest opened gave:

119g

91 embersilk

2 good greens

25 air

20 water

25 ele ore

5 pyrite ore

10 life

7 earth

1 hour + potion = 4300g/hr

Hour 3

35 tiny chests

Cloth 97

Green 10 good 7 bad

27g vendor

35 chests opened:

132g

205 Embersilk

1 good green 3 bad

11 water

1 air

29 pyrite ore

11 fire

17 ele ore

26 v earth

1 hour + potion = 4400g/hr

Hour 4

Chests 34

149 cloth

167 trash gold

Greens 9 good 6 bad

34 chests opened gave:

 118g

195 Cloth

1 good green

26 air

13 water

6 fire

13 pyrium ore

3 ele ore

1 hour + potions = 4500g/hr

Dropped Skinning and Power leveled Tailoring to 425 (think you only need 400 for Northrend  Cloth scavenging to kick in for Cataclysm mobs but I had already bought the mats so went to 425)

Hour 5 with 425 Tailoring

41 chests

412 embersilk

25g vendor loot

11 good greens 6 bad greens

1 blue plate level 82

41 chests opened gave:

150g

Enchant bracer-agility

196 cloth

3 bad greens

11 air

13 earth

7 fire

10 life

17 water

17 pyrite ore

18 ele ore

1 hour + potion = 5600g/ hour

Hour 6 with 425 Tailoring

33 Chests

480 cloth

45g trash

11 good greens 4 bad greens

Blue level 82 ring

33 chests gave:

115g

177 cloth

2 good greens 1 bad green

10 air

10 fire

9 life

4 water

4 pyrite ore

8 ele ore

6 earth

1 hour + potion = 6200g per hour

It really pays to do this on a tailor

Average without Tailoring = 4550g per hour

Average with Tailoring = 5900g per hour

The mats cost of a Potion of Treasure Finding is around 80g on my realm.

I did not include the gold picked up from mobs only the value of vendor trash minus repair costs and the gold that was contained inside the treasure chests.

Check out Selling level 81 Greens

Subscribe to the RSS Feed and join the conversation on Twitter @TheOvercut

Selling level 81 Greens

I bought eight level 81 items last night, and when I opened my mail this morning they had all sold. I think Gimp (@GimpsGold) originally came up with this theory of selling level 77-80 greens. If you were level 77 you could equip cataclysm greens that had much better stats than their WOTLK counterparts. This meant you could level faster and destroy people in the Battlegrounds. These cataclsysm greens had high ilvls allowing you to get into cataclysm dungeons like Throne of the Tides and Blackrock Caverns faster. No need to spend lots of time upgrading all your wotlk gear via quests. Instead you could save some time and get straight into the new dungeons. Jim and Alaeriel have mentioned having success wih 77-80 greens on their livestreams www.twitch.tv/jimyounkin and www.twitch.tv/alaeriel .

Majority of the items I sold were shoulders and chests, now why were people buying these level 81 greens? Surely if they wanted to buy items they would have bought them in the 77-80 range. However I then remembered that Wotlk BoA armour stops giving bonus XP at 81. So maybe some people are still wearing the shoulders and chest for the bonus XP until they ding 81. They are then upgrading once they hit level 81, buyers are thinking that there is no point buying a 77 green because they are already level 81 and can equip greens with a higher ilvl.

I’ve bought 10+ more level 81 items today and will track how fast they sell; I am only going to buy shoulders and chest from now on. Just thinking about it maybe Level 81 weapons could be something to look into as the boa weapon are 1-80 like the shoulders and chest. When someone goes to the Auction house to buy some level 81 green armour they might look at the level 81 weapons as well?

Use Armor/81/81/i272 in Auctionator and try shoulders/chests out first.

Were they just random sales or is this an untapped niche? How much are you selling level 81 greens for on your realm?

Check out
Level 81 BS Crafted Weapons 
Farming Embersilk Cloth and level 77-81 Greens