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  1. #1
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    Floor price for ghost iron ore to vendor green jewery

    Since there's a abundance of ghost iron nodes everywhere and now that the botters have shown up in full force the price of ghost iron ore has collapsed on my realm. Today I was able to buy a fairly decent batch for only 20g a stack. I normally only pay 25g a stack when I do the shuffle.

    After prospecting all the stacks I normally craft using the uncommon gems into necks and rings. I typically disenchant the greens, but the dust is only going for 2g per on my realm. And I can only process 125 dust a day into sha crystals. I have considered just vendoring the greens, and I'm wondering if anyone knows whats the floor price of the ore is in order to virtually print gold like people did during the early days of cataclysm with obsidium ore.

    I read on another thread related to inscription, if the price of green tea leaf is at X threshold, you can just craft and vendor shoulder enchants, and get the uncommon ink for free, if its below its literally printing gold.

  2. #2
    US -Uldum (H)
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    Vendor after making uncommons into jewelry and cutting the rares and vendoring everything is 19.5g / stack.

    Good hunting.
    Remember folks, if you're not making gold - I got a name for you - Customer.

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  3. #3
    hag
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    Quote Originally Posted by Stede View Post
    Vendor after making uncommons into jewelry and cutting the rares and vendoring everything is 19.5g / stack.

    Good hunting.
    Thanks for the math.

    Note that this means that if you are willing to do one extra step, the PD transmute, then ore is worth 17.5 + 1/12 of a PD per stack. e.g. PD sell for 120 then you get 10g of PD and 17.5g of vendorables per stack.

  4. #4
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    The math is incomplete without additionally analyzing the cost of spirit dust on your realm. I always buy spirit dust when it's below 2g...crafting those green rings and necklaces is too much busy-work, I far prefer to cut perfects since you can just kick it off and do something else. I only disenchant the greens when spirit dust prices rise for extended periods of time.

  5. #5
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    You can click create all and walk away when crafting jewelry also. For what I sell the blue jewelry for I think cutting perfects is such a waste. I only do it with extras.
    Last edited by Ceforium; November 15th, 2012 at 09:03 AM.

  6. #6
    US -Uldum (H)
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    Quote Originally Posted by hag View Post
    Thanks for the math.

    Note that this means that if you are willing to do one extra step, the PD transmute, then ore is worth 17.5 + 1/12 of a PD per stack. e.g. PD sell for 120 then you get 10g of PD and 17.5g of vendorables per stack.
    PD is inefficient. Cut rares are 4g. 384 jewelry is roughly 8.75g, minus 1g for the setting, then consider you can make 2 from a stack of GIO. 19.5g / stack.
    Remember folks, if you're not making gold - I got a name for you - Customer.

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  7. #7
    hag
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    Quote Originally Posted by Stede View Post
    PD is inefficient. Cut rares are 4g. 384 jewelry is roughly 8.75g, minus 1g for the setting, then consider you can make 2 from a stack of GIO. 19.5g / stack.
    I don't understand; ofc odds are high I am mistaken or we just have a different idea of inefficient.

    One should get about 1.1 Primal diamond per 12 stacks of GIO along with 6 rares and 24 rings. TUJ says the alliance mean PD price is 786g 25s 20c which is 600% of the price of 12 stacks at 19.5. Depending on what you use as PD proc rate, if the PD is about 220 then half the value of 12 stacks of GIO is in the PD. Someday when PDs are 22g then sure vendor the 6 rares for 6*4 but on my realm we are far enough away from primal diamonds for 22g for it to be worth my time to make them.

    Hence the formula to see what the PD transmute is worth. I think it is:

    profit from TM versus vendor for 12 stacks is PD_price * TM_Proc * (1-AH%) - 6*4
    (divide by 12 for per stack)

    At around 23g, the transmute adds nothing per stack of ore.
    At 423g PD, it adds about 35g per stack to the price.
    When PD sells for about 200g then you average getting about the same gold from the PD as the 6 rares and 24 rings you vendor.
    Last edited by hag; November 18th, 2012 at 02:32 PM.

  8. #8
    US -Uldum (H)
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    Quote Originally Posted by hag View Post
    I don't understand; ofc odds are high I am mistaken or we just have a different idea of inefficient.

    One should get about 1.1 Primal diamond per 12 stacks of GIO along with 6 rares and 24 rings. TUJ says the alliance mean PD price is 786g 25s 20c which is 600% of the price of 12 stacks at 19.5. Depending on what you use as PD proc rate, if the PD is about 220 then half the value of 12 stacks of GIO is in the PD. Someday when PDs are 22g then sure vendor the 6 rares for 6*4 but on my realm we are far enough away from primal diamonds for 22g for it to be worth my time to make them.

    Hence the formula to see what the PD transmute is worth. I think it is:

    profit from TM versus vendor for 12 stacks is PD_price * TM_Proc * (1-AH%) - 6*4
    (divide by 12 for per stack)

    At around 23g, the transmute adds nothing per stack of ore.
    At 423g PD, it adds about 35g per stack to the price.
    When PD sells for about 200g then you average getting about the same gold from the PD as the 6 rares and 24 rings you vendor.
    You don't understand because the thread is about the vendor floor and you're talking about market prices. In terms of a vendor floor, PD is inefficient.

    You're probably right about Market Prices, and if one has a Jewelcrafter with access to all the meta cuts as well as a transmute alchemist, then it's a simple step to use PDs.
    Remember folks, if you're not making gold - I got a name for you - Customer.

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  9. #9
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    For reference, vendor floor price is when you take a raw good, process it, and then jut vendor everything and never touch the economy. At points in Cata you could buy obsidium ore for insane prices (5g a stack stupid) and just make rings and neck and vendor them. You could do this as long as there was ore on the AH and were guaranteed a profit. It was silly, though, and only bots did it, because it will always be more profitable to take certain items you get from processing and run them through the economy. In the current case, it will always be more profitable to make a PD and sell it in the AH than it will be to jut vendor the blue gems, but that is not a vendor floor and requires a brain behind the keyboard. Vendor floor is for bots and items like bandages used to be, where you could take a 6 g stack of cloth and turn it into a 18 g stack of bandaids, but that is mostly out of the game now. I can't find a server where vendor floor matters on ore prices yet.

  10. #10
    US -Uldum (H)
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    Quote Originally Posted by Huggybearr View Post
    For reference, vendor floor price is when you take a raw good, process it, and then jut vendor everything and never touch the economy. At points in Cata you could buy obsidium ore for insane prices (5g a stack stupid) and just make rings and neck and vendor them. You could do this as long as there was ore on the AH and were guaranteed a profit. It was silly, though, and only bots did it, because it will always be more profitable to take certain items you get from processing and run them through the economy. In the current case, it will always be more profitable to make a PD and sell it in the AH than it will be to jut vendor the blue gems, but that is not a vendor floor and requires a brain behind the keyboard. Vendor floor is for bots and items like bandages used to be, where you could take a 6 g stack of cloth and turn it into a 18 g stack of bandaids, but that is mostly out of the game now. I can't find a server where vendor floor matters on ore prices yet.
    They're out there - on heavily botted / populated servers. I'd like to add that vendor floor can be relevant to non botters who either don't have the time for a full shuffle, or who don't have access to it. It also can serve as a safety net - if you have 1000 stacks of ore already sitting in the mail and there's 300 more posted at 15g / stack, you can be reasonably assured that you'll make money off those - even if you don't need them.
    Remember folks, if you're not making gold - I got a name for you - Customer.

    +Rep doesn't buy me beer, but it sure gives me a reason to have one - if you learned something new or thought about something differently, let's celebrate!

    Late Nite With Stede - A WoW Goldmaking Blog / Podcast - LNWS.net
    @StedeUS on Twitter
    Stede#1203

 

 
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