Primordial Saronite

This is a post for Cold's Gold Blogging Carnival, which will be live on the 11th of this month.  The topic is: "Name one of your historically profitable markets that is now defunct and what can we learn from that old market." Be sure to check his site on the 11th for other great entries!  

The Primordial Saronite market is one that I dealt exclusively in during my ICC days when I was selling gold.  Those days are past me but it taught me a valuable tool, of optimizing unneeded "badges" for surplus income.

Crafting Material
For those of you who are unfamiliar with Primordial Saronite, it was a crafting material used to craft high end epics during ICC, and was available for purchase for Emblem of Frost.  These are equivalent to your modern day Valor, and had a cap as to weekly limit, but I wasn't going to let that stop me!  I had 3 Max level characters whom I'd grind out maximum dungeon cap on Emblems daily to buy as many of these as possible.   I'd then turn and sell these on the AH (they were quite the hot commodity), and then do less virtuous things with the gold than Blizzard would have liked, but again you can read more about that in my earlier post.

What Can We Learn?
Waste not.  If you have those extra Justice laying around from hitting valor cap, put them to work!  I currently use them to buy WotLK epic gems in Dalaran, to cut and sell on the AH to 70 and 80 twinks.  For my server it's the best option, and I'd say that on most servers it's the way to go, but there are always other options you can factor in.  I of course went for all the leveling BoAs I needed first, as leveling alts is really the best investment for long term gold making.  Now that I have more or less all the BoAs I need, I buy the epic gems, and cut them for roughly 1g 36s per Justice Point, selling the cut gems at ~300g.   Of course YMMV. As with any other market, diversify your cuts, and you will make more sales.

What is your favorite now defunct market?  I really enjoyed Cold's post for his carnival, he wrote about a market that I very much enjoyed first starting out in WoW as a novice gold maker, I highly suggest checking it out!


Cheers,

Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!

Long Live the Lich King!

Today I'll be posting on the topic of Day 9 of Nev's Goldmaking Challenge.  Nev recently released a post with everyone currently participating, and there are a lot of interesting responses from the community, check 'em out!

What's your favorite niche market & why?

WotLK Epic Gems
This may not have been the answer some people were expecting.  I really love the twink markets out there, but I've made so much gold making Wrath Epic gems, and it's constantly been a great market for me since Wrath itself!  I actually did a post about it in May of 2011, when I was first starting this blog, I found it kind of interesting to look back at it, check it out here.  While my methodology in that post is a little outdated, the overall theme still rings true.  Today though I use a relatively simple Dealfinding list to find great deals on epic gems, and (of course) post them using TSM.

Dealfinding List
Below is the Dealfinding List I use for these epics, I have the prices set to 150g for the epics and 30g for the Frozen Orbs that I use to make Icy Prism (which no longer has a daily CD).  I don't have Eye of Zul on my dealfinding list because it doesn't sell particularly well for me.

d1@36931/1499999,36919/1499999,36928/1499999,36925/1499999,36922/1499999,43102/300000@

Cuts
If you don't have the cuts yet, start doing the Dalaran JC dailies.  The only way to get cuts is from Timothy Jones who is both the seller of the cuts (4 dailies each), as well as the NPC that offers the daily quest.

I find that the Cardinal Ruby and Majestic Zircon sell the fastest for me.  In general for Cardinal Rubies I cut Brilliant unless I have a huge supply in which case I'll start on Bold and Delicate.  Majestic Zircon's I always cut pure stamina (Solid).  For the other cuts my best sellers are Mystic for King's Amber, Willful for Ametrine (or any primary + resil), and Purified Dreadstones.  This is one of the great secondary markets for any profession, and is by far my favorite out there.

What's your favorite niche market out there?  If you wrote your post on this already, feel free to link it in the comments!

Cheers,

Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!
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Phat's Weekly Lewt Review 7/24

If you like my blog follow me on twitter, @PhatLewtsGold!!

So this week has been a busy one for me.  The most I have been able to repost per day is 3 times, so I've been undercut a bit, but I noticed no real slowing of sales.  I made about 70,000 gold this week, so around 10k/day, just shy of my goal of a grand total of 1.5 million (which I will hopefully hit tonight).  If you are curious to see my gold totals check out the page on my blog, [My Current Gold Total], the link will always be at the top of the page and I try to update it every Tuesday.

Stance on Pets
Today I read the post on battle.net about the changes to wild pets.  If you are interested it the Blue Post is at this link. Basically they're making it so that pets you catch in the wild can no longer be caged and sold on the Auction House.  Now while this doesn't effect my stockpile, it's got me thinking for sure.  I was planning on dumping a lot of my pets I had stockpiled, because all doubles of pets that characters have will be mailed to them when the battle system is released, meaning a huge influx of pets (still going to get a lot of Elementium Geodes cheap because it'll just be really rare come MoP).  So right now I'm all SELL, SELL, SELL!

With Blizzard changing their mind on pets like this though it makes me wonder if the pet battle system, and this mailing of pets will remain the way it is right now on the PTR.  I'm still going to sell off my pets.  I made sure to pay no more than 1500 for any pet that I got, so selling them between 4-5k will mean profit anyway. I'm just curious of how the whole thing is going to pan out, if you have an idea or speculation, throw it in the comment section, I'd love to know what people think about this volatile market!

Inscription
For those of you not familiar with the "Glyph Wall" strategy, check out Croda's post on it.  Now I personally would never do a glyph wall, I just don't have the time or patience, and for me inscription is not my main source of profit.  BUT as noted in an earlier post, I recently got back into glyphs on my server, and my main competition is not liking it and posting at cost for some glyphs, and below cost (at least for me) on others, most likely trying to drive me out of the market.  Again since I don't like playing these sorts of games, I just have TSM post back on my reset value, and that's that.  Honestly, it costs me 1 silver to post each glyph, So I spend maybe 4-6g posting all the glyphs that I have.  I don't really care if they sell today or in 3 weeks.  I just want to sell at a profit.

If you are interested in another strategy of glyph making check out Nev's post on the topic.  She has a great spin on it, and a suggestion if you're leveling a scribe, which I think is great.  In general I use this method, except I just craft 2 of everything I have, and only post at a profitable margin that I see fit (mine is a 60g minimum as my glyphs cost ~20-25g to craft on my server).  If prices are below that it will post at 299g, my fall back, and probably wont sell, but for 2 silver, I'm willing to ignore it!

Wrath Epic Gems
In this recent post I talked about how to make a ton of gold cutting Wrath gems, and recently the market has been BOOMING on my server.  An 80 twink guild has just showed up, combined with my normal audience of 70 twinks, I can't keep enough gems on the shelf to keep up with demand!  This has been a great market for me this week, and I highly suggest adding it to your arsenal if you have a Jewelcrafter.  Some servers definitely will already have this market on lockdown, so make sure you do some research on your specific server in particular.

I'm thinking about writing a post about some common gold misconceptions, but I'm having trouble coming up with more than a few.  What are some common misconceptions that you think players have about gold making in WoW?

Cheers,

Phat Lewts

JC and Mining, Making Wrath Gold!

Hey guys,

I originally wrote a post about something similar over a year ago, but I recently got back into doing this when I have had some free time in game, and it's a great way to amass a good amount of gold if you have Mining + JC or just JC even.

Dalaran JC Dailies
If you don't have a lot of epic and rare WotLK cuts, start doing the Dalaran Jewelcrafting dailies on your Jewelcrafter.  The quest is given by Timothy Jones in Dalaran and gets you tokens for epic and rare cuts (also it does not interfere with your regular JC daily).  Sidenote: Resilience is a great seller to these markets.

Obtaining Epic Gems
Now that you have some epic and rare cuts, you're going to want to obtain epic Wrath Gems.  This market is huge and viable for both 70 and 80 twinks, and they sell great.  Also, the cut rare gems sell well, and are byproducts of my method.  There are two profitable ways of obtaining the epic gems.  One way is to buy them for 220 Justice Points from any of these three vendors in Dalaran (probably the best way to spend excess JP).  The other way is to attempt an Icy Prism proc.  These create at least 3 gems, usually 3 rares, with a chance at a Dragon's Eye or a Wrath epic.  This USED to be a daily CD in wrath, but as of Cataclysm, you can do it as much as you want every day, but may only have one in your inventory.

Icy Prism
The downside to the second method is that you have to have to come up with Frozen Orbs.  These are only obtainable from doing Wrath Heroics (killing the final boss) or from 110 JP, which probably isn't worth it considering the Epic Gems themselves only cost 220 JP.  I just have it on a TSM search list I commonly use and pick them up whenever they're cheap (< 35g for me).  Then after I accumulate a certain amount I usually prospect for the other mats of Icy Prism from Saronite Ore, and I uses these macros to create and use the Prisms:

Crafting:

/use Jewelcrafting
/run for i=1,GetNumTradeSkills()do local skillName,_,nA,_,_,_=GetTradeSkillInfo(i)if skillName=="Icy Prism"then DoTradeSkill(i,nA)end end

Opening:
/use Icy Prism

You have to alternate between these two macros since you can only have one Icy Prism in your inventory at one time.


So Wait...Where Does Mining Come in to All of This?
Glad you asked.  To get the mats for this, as well as some additional gold, I farm (that's right I said it...FARM my Saronite Ore from Wintergrasp.  Doing about 2-3 rounds of WG on my Tauren Druid with +310% flying in a level 25 guild, I have about a stack of Titanium Ore, which I can sell for 500g/stack on my server, plus about 10-12 stacks of Saronite Ore, which I can prospect for common and rare gems for Icy Prism and Dalaran Dailies.  Make sure you have the guild perk that allows extra procs :-).

Disclaimer:  I am not claiming that farming in this case or any is the most productive or best way to spend your time.  It is however a great way to reduce your investment capital and come out on top!


Hope you enjoy this method of creative Wrath gold making, I like to change up my methods every now and then to cut the drudge of my daily gold making routine...even if that means farming!  What's your favorite way to make gold that you don't do on a daily basis?



Cheers,

Phat Lewts

If you like my blog follow me on twitter, @PhatLewtsGold!!