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  1. #1
    Praxel's Avatar
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    Price floors for common materials

    In this thread, I'd like to track common Northrend and Cataclysm materials that have the potential to be listed on the AH under their price floor. I define a "price floor" as the price at which a material may be purchased, processed, and vendored for no gain or loss. The price floor is the lowest price at which you can expect these materials to be consistently listed on the Auction House.

    This is not the best way to make money off of these materials, this is just the price at which you can purchase these materials and break even at the vendor.

    Herbs are not included on this list because neither potions nor ink have any appreciable vendor value. If you find a better vendor path than what I've listed below, please respond and I'll update the OP.


    Northrend:
    : 23.5g per stack
    Smelt into (Mining), craft into (Blacksmithing)

    : 12.5g per stack
    Smelt into (Mining)

    : 18.75g per stack
    Smelt into (Mining)

    : ~2.9g per unit
    Craft with 2 into (Jewelcrafting)

    : ~2.9g per unit
    Craft with 2 into (Jewelcrafting)

    : ~2.9g per unit
    Craft with 2 into (Jewelcrafting)

    : ~2.9g per unit
    Craft with 2 into (Jewelcrafting)

    : 50s per unit
    Any Jewelcrafting cut

    : 50s per unit
    Any Jewelcrafting cut

    All Northrend rare gems: 4.5g per unit
    Any Jewelcrafting cut

    Any Northrend epic gems: 9g per unit
    Any Jewelcrafting cut

    : 6.66g per stack
    Craft into (Leatherworking)

    : 4g per stack
    Craft into (Tailoring)


    Cataclysm
    : 55.23g per stack
    Prospect (Jewelcrafting). Cut the resulting gems into any cut (Jewelcrafting)

    : 39.75g per stack
    Prospect (Jewelcrafting). Cut the resulting gems into any cut (Jewelcrafting)

    : 27?g per stack (Prospecting data still being gathered)
    Prospect (Jewelcrafting). Cut the resulting gems into any cut (Jewelcrafting)

    Uncommon gems: 9g per unit
    Any Jewelcrafting cut

    Rare gems: 3.75 per unit
    Any Jewelcrafting cut

    : ~14.26g per stack
    Craft into (Leatherworking)

    : 5g per stack
    Craft into (Tailoring)


    Conclusion: Uncommon gems were a key moneymaker for me during WotLK. I found I could purchase them in nearly any quantity for under 1.25g per gem, along with Crystallized Earth at 15s or less per unit. I made several thousand gold during my downtime by setting my JC to craft 60 items at a time while I was doing something else, then vendoring the results. I also picked up piles of Northrend blue gems at or slightly above the raw gem vendor price (3g) and cut them for a ~1.5g per unit profit. These required even less effort.

    Cataclysm gem prices are different. Uncommon gem cuts vendor for 9g each, while rare cuts only vendor for 3.75g. My theory is that Blizzard wants to keep the AH deposit of Cataclysm rare gems fairly low. Same for Cataclysm bars, they all vendor for signficantly less than their WotLK counterparts. And because Obsidium prospects into more uncommon and fewer rare gems than Elemenium or Pyrite, its price floor is actually higher. Much like Cobalt and Saronite, I think you can expect to see Obsidium prices eventually settle higher than Elementium. And this also means that Obsidium will never sink below ~55g/stack on the AH, while Elementium will never settle below ~40g/stack. Be prepared to pay significantly higher prices for ore in Cataclysm than you did in Lich King.
    Last edited by Praxel; February 8th, 2011 at 01:38 PM.

  2. #2
    Great list. Looks like the wowhead link is getting mucked up on your Elementium Ore. If you use [ item ] 52185 [/item] you'll get the right one.

  3. #3
    Mugsley's Avatar
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    Shouldn't Saronite ore be 12.5g/stack?

  4. #4
    The Obsidium Ore formula you linked to is sketchy. If we take it and do the value of a stack, multiplying by twenty, by just focusing on the uncommon gems, we have:

    1.4*S

    Where S is the Sum value of all six uncommon gems. There's a huge problem there, as it implies that you prospect 1.4*6 = 8.5 gems per stack - multiple sources, including wowhead's own data on that very same page, have confirmed that the average drop rate of uncommon gems from Obsidium Ore is actually 6 per stack. The equation should be 1.0*S.

    The floor for obsidium is then:

    (6*9) + (0.3*3.75) = 55.125

    Where 6 is the average # of uncommon gems prospected from a stack of Obsidium & 0.3 is the average # of rare gems prospected. Nine is the vendor value of a cut uncommon gem, and 3.75 is the vendor value of a cut rare.

    Likewise for Elementium:

    (4*9) + (1*3.75) = 39.75

    Again, where 4 is the average # of uncommon gems prospected from a stack of Elementium & 1.0 is the average # of rare gems prospected. Vendor values are the same as above.
    Retired - I blame Kathroman for everything.

    (that's a joke, eh)

  5. #5
    Undine's Avatar
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    Seems strange how green cuts are worth more than rares. That inherently makes Elementium worse in base value. Granted, you wont be selling too many greens later on to raiders, you'll mostly be banking on selling blues. It still sets an odd precendent with the vendor values. Something just doesn't seem right when you can get more for Obsidium.

  6. #6
    I agree, Undine - I know a few folks have predicted a hotfix will come for that. It's very strange.
    Retired - I blame Kathroman for everything.

    (that's a joke, eh)

  7. #7
    Zerohour's Avatar
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    So let's extrapolate these numbers

    Saronite at 16g/12.5 = x/63.75. So we're saying 81.6g a stack for Elementium will be a relatively/proportionally reasonable price to expect in the future for this mineral. I think that's workable and goes in line with the inflation we've seen.

    16g being the number I typically saw the price at from 6 months into the Wrath expansion until the close.

  8. #8
    Undine's Avatar
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    Yeah, I was thinking a hot fix would make sense. It doesn't seem like there'd be a reasonable explanation behind making a rarer commodity within a group, being gems, worth less to a vendor. It also goes against the pricing scale that TBC and WotLK had with their gems. But I could be wrong. They could also be adding something to these ores later on down the road which would make up the value deficit, like how they added epics to Titanium. But then you'd think it would only apply to Pyrite.

    Maybe for now we'll just consider Obsidium the jewellers choice, while Elementium will be mainly for smithing.

  9. #9
    Praxel's Avatar
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    Fixed the Saronite Ore price floor and the link to Elementium Ore.

    As for the Obsidium Ore prospecting formula, I think Stede is right. The formula in the thread doesn't take into account the fact that you're capped at 3 gems per prospect. Technically, that formula allows cases where you get 2 gems of all six types from the same prospect... and that can't actually happen. Since we derived the average of 6 gems per stack from experience, I'll use that instead of the formula on wowhead. Thanks for the math, Stede

    I expect a hotfix to the vendor value of green gems. It's a shame we can't actually exploit this problem at the moment because of ore prices

  10. #10
    Bleach's Avatar
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    Fantastic list. I've been waiting for something like this for a while. I already knew half of these in my head, but it's nice to have everything in one spot. This came right in time for me, too. I just lost all my addon data, so I'm having to redo my snatch list today.

 

 

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