Lich King Auction House – Cooling Down
Nov 23rd, 2008 by tyson
If anyone has a soft towel, may I borrow it to wipe my rose-colored glasses off for a minute? What was looking extremely positive as of the last post has come to, for the most part, a now steeper path of ascent.
The road blocks are several, though none insurmountable:
- Fast devaluation of blues meaning timing matters more
- More blues appearing when you thought yours was rare
- People severely undercutting you
So I’ve revised my strategy just slightly. I’m still at about 500g ahead, with over 1500g in the auction house, but now have more inventory locked up rather than less inventory at a higher price. Now I am a little more frugal with how I buy up the near lvl 80 blues. The lvl 70-80 epic market is just now starting to appear (though too high and overvalued) for this character, but that means timing will be required to get good deals, and so I’d likely do better with checking more frequently, even if just for a minute.
And I’m going back to some staples of the past and looking forward to when recipes for crafted items start appearing. The only 400 level recipe I saw as valued at about 3000g which is too risky for me. I’ll look for better deals. I’ve had some luck actually with continued stability of the post 300 skill level recipes from Burning Crusade. Should be an interesting week ahead!
Given the volatility of the highter iLevel items (for lvl’s 71-80), I also tried to stick to old world trades for the moment and found out that there are some very sweet deals to be had.
For instance look for epic TBC gems that may be sold for less than a gold a piece (cut or uncut). These will sell right now for 50-100g, as they are comparable in stats to blue expansion gems, which may be hugely expensive due to scarcity.
Also, people tend to estimate (wrongly, in my opinion) that really rare world drops for characters in their mid 60′s or mid 50′s will drop in value almost to zero. Therefore, some long term investment can be made in gear that was once in the 1000g range and now can be found for 10-50g in “liquidation” sales. Even crafted lvl 70 epics are still valuable, as they are better than any green and most blue that drops from Northrend until around lvl 75.