@judy yes you are partially right. The part where you're right is where you state that you need to do a little bit of research. But as you've read in my previous answer, I too did that.
In order to properly evaluate an item like these, you need to account for a couple of things. Some of these are facts, some are personal opinions. These may be, but are not limited to:
- (fact) Availability - How hard it is to get it, either by a drop chance, or rare spawn, etc
- (fact) Uniqueness - If it's unique in the appearances tab
- (fact) Demand - How many people are actually after this and how much they are actually paying for it
- (opinion) Looks - If you think it's something that looks good and players will want to buy for its looks
- (opinion) Twink - If the item may be used for a twink
- (opinion) Comparison - Compare the prices of equivalent stuff to it and take out your own price
The above facts are points that you can't argue with, like the demand. There may be more reasons, but it's morning here and I just woke up.
Now let's, under these reasons, see your latest purchase :
- Availability - Ultra rare, dropped by a couple of mobs in MoP's Jade Forest
- Uniqueness - It is indeed a unique dagger
- Demand - Throughout Europe there's a 5% demand, which is not bad
- Looks - As far as I go, and I'm a Rogue, it looks pretty cool and unique
- Twink - It used to be a twink item from Wowhead comments, but I'm not sure anymore
- Comparison - Explained in the next paragraph
Given these, it's clear to me that this item might just be worth a hell of a lot more than the 2.000g listed by wowuction. People might even be willing to pay 20.000g for it or even double of that. But 199.999g? For that same price, they can get 2x , which is far rarer and has a much more unique and amazing look. For that price you can almost get a , which is no longer obtainable and has it's own unique appearance hidden in the tab.
So when it comes down to claiming a price on your item, yes, do your research, but in the end don't overestimate the value of items, or you might end up not selling them at all.
Mind you that, for example, Wowuction's demand doesn't show you just the percentage of selling an item, but much more than that. It tells you that at the average price listed there, only a certain percentage of players was willing to buy that item. So if an item has 2.000g EU average buyout, and a 5% average selling, it means that it only has a 5% chance to sell at 2.000g. And usually, if you reduce that price value, the percentage would increase. But if you increase the price, the percentage gets lower.
So an item that has a 5% chance to sell at 2.000g, would have a next to null chance to sell at 100x times that value (your 200.000g).
Last edited by tedj; November 18th, 2016 at 05:57 AM.