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  1. #1
    US-Eitrigg (A)
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    Making Bank with Gems in MoP

    It seems there has been a number of threads lately about how Jewelcrafting is a "dead" profession that is no longer profitable, how the gem market is crashed and gems are only selling for next to nothing.

    I'm sorry, but if you think this, you are wrong.

    Here's how I'm making bank with JC at the moment:

    1) 450 JC rings/necklaces
    Unbeknownst to many WoW players, there is a little lady in Jade Forest that sells JC recipes unknown by all the other JC trainers. Her name is Mai the Jade Shaper found at Greenstone Village just north of Dawn's Blossom. She teaches a set of recipes to make ilvl 450 rings and necklaces. Any freshly dinged level 90 character is searching the AH for quick and cheap gear upgrades and this is a popular one.

    While the profitability in this area has gone down significantly since release, it is still very profitable. The limiting factor here is [Serpent's Eye], so check the AH regularly for when they go cheap.

    2) Perfect cuts
    Probably the biggest area I see people passing by is what to do with the leftover uncommon gems from prospecting. We all know they can be made into jewelry and disenchanted. But how many of us are already sitting on a mountain of dust and essences? But take a quick look at your AH, some people don't know what to do with them and are dumping them on the AH for dirt cheap. I'm betting you can find at least one color of uncut uncommon MoP gems that is selling for less than 3-4g each. I regularly find them on my realm for less than 1g each.

    Take a look at TUJ's JC page for my realm about red gems:
    TUJJC.jpg
    The first row shows how much the uncut uncommon ([Pandarian Garnet]) and rare ([Primordial Ruby]) gems are priced, 3g and 122g respectively. The second and third columns show how much the perfect ([Perfect Brilliant Pandarian Garnet]) and cut ([Brilliant Primordial Ruby]) rares are priced, 204g and 173g respectively.

    It has been reported on these forums many times, but a lot of people still don't recognize that the stats on a perfect cut are the same as on the rare cut (look at the perfect and rare brilliant cuts I just linked above).

    So this is what I do. I'm buying up stacks of uncommon gems and cutting them. It's a 10% proc rate to get a perfect version, so figure that your cost for each perfect cut is 10x what you bought it for off the AH. In this example my cost for a perfect cut is 30g (10 x 3g). Post these up on the AH below either the perfect or rare cut price (in this case if I was doing Brilliant gems it would be at ~170) and you're looking at a nice hefty profit of 140g.

    Wait, it gets even better. As I mentioned, I can often find uncommon gems in some colors for less than 1g. After cutting hundreds of uncommons, you'll be left with stacks of cut uncommons that weren't perfect. These vendor for 85s. So let's imagine I buy 50 uncut uncommons at 1g a piece. I cut them and proc probably 5 perfects. I can vendor the other 45 at 85s each and recoup 38g25s of that initial 50g investment. So my total cost for the 5 perfect gems is 11.75g or 2g35s each. Slap those up on the AH for a nice hefty profit.


  2. #2
    US-Uldum/Antonidas (H/A)
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    awesome post Now if only people would stop posting both rares and perfects for 90g and below and I'd be very happy lol Tried to give you +rep but it wouldn't let me

  3. #3
    US-Eitrigg (A)
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    Quote Originally Posted by Gissa View Post
    awesome post Now if only people would stop posting both rares and perfects for 90g and below and I'd be very happy lol Tried to give you +rep but it wouldn't let me
    A good little napkin math for JC is that a stack of Ghost Iron Ore will average 1 rare gem when prospected. If you can sell that gem for the cost of the stack of ore, everything else you get (uncommons, sparkling shards) can be used for profit. In TSM, I have my crafting and auctioning thresholds set to the current cost of Ghost Iron Ore (which on my realm, I'm consistently getting it at 75g/stack).

    So unless you can't get ore for less than 90g/stack (which looking at TUJ for your realm @Gissa , you should be able to), post away at 90g.


  4. #4
    US-Uldum/Antonidas (H/A)
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    Quote Originally Posted by UtesDad View Post
    A good little napkin math for JC is that a stack of Ghost Iron Ore will average 1 rare gem when prospected. If you can sell that gem for the cost of the stack of ore, everything else you get (uncommons, sparkling shards) can be used for profit. In TSM, I have my crafting and auctioning thresholds set to the current cost of Ghost Iron Ore (which on my realm, I'm consistently getting it at 75g/stack).

    So unless you can't get ore for less than 90g/stack (which looking at TUJ for your realm @Gissa , you should be able to), post away at 90g.
    I wish I could get ore for less than 90g/stack. It's consistently sitting at about 115g/stack right now

  5. #5
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    Don't forget about Kyparite. On my realm, it's often cheaper than ghost iron ore, and i believe it yields the same rare/unc radio. Plus, it stacks to 200

  6. #6
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    This is exactly what I am doing. I keep waiting for the whole market on being able to do this to stop but with the amount of uncut "green" grade gems for next to nothing being listed everyday it seems to be here to stay.

    I still love the hybrid gems on my server with orange and green being fantastic sellers in perfect cuts.

    I'm a very casual player and I dont have a huge bankroll so I still mine everything I can while doing dailes which ends up being alot of ore with how abundant Ghost Iron ore is. Prospecting 12-16 stacks a day is nothing to most here but for me it provides more than enough gems to keep my busy cutting and selling on the AH and enough gold to buy most anything I might want as well as buying all those super cheap uncut gems off the AH.

    Great post!

  7. #7
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    thanks for this excellent thread, was thinking of dropping JC, just tried the perfect cuts good profits. Thanks
    at what price are you guys buying Ghost iron ore on your servers. On my server its always around 75g+

  8. #8
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    Love this encouragement and enlightenment, Utes.

    I haven't exactly gotten into a full blow shuffle set up yet (still transferring toons to Caelestrasz), but from what I've observed on these forums, and compared the complaints and claims against my knowledge and experience of the ore shuffle from Cata, I do have to agree with you that people are overlooking many aspects to the shuffle, especially since the MoP shuffle has several new aspects to it.

    People may just be used to the Cata shuffle, and are expecting the same thing. But, a shuffle simply means taking item A and turning it into item B, C, D, and possibly even E, F, and G. Then, you shuffle items B, F, and G to get results X, Y, and Z. There's so many outcomes from one item, such as ore, and it's all a matter of figuring out which ones are most profitable in terms of GPH, and not just a single figure.

    Heck, you don't even have to cut gems at all! I remember people in cata who stopped at the uncuts. They just sold them in bulk. Does it work in MoP? Don't know. But the point is that people need to realize that a shuffle has many many options to it, and it is NOT linear.

    IF you're using a spreadsheet, I hope to god you're using it right, and not JUST plugging in your AH data, typing in your ore price, and clicking go. No no no. At least half of the slots on a spreadsheet are editable. Put your brain to it. Think 'what is in demand atm? What if I tell the spreadsheet I want to produce X instead of Y?' The economy has an ebb and flow to it. Once you feel and understand that ebb and flow of your economy, then you truly begin to take full advantage of it.
    Last edited by TimB; October 20th, 2012 at 10:42 PM.
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  9. #9
    US-Eitrigg (A)
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    Quote Originally Posted by TimB View Post
    IF you're using a spreadsheet, I hope to god you're using it right, and not JUST plugging in your AH data, typing in your ore price, and clicking go. No no no.
    My name is UtesDad and I approve of this message.

    There are a number of spreadsheets out there available for use, including one produced by a couple of WTs that is still getting a few final tweaks. Personally, I haven't looked at a single one of them for more than 5 seconds. For me part of what makes gold-making fun is trying things out and seeing what works, what is profitable and what isn't. Plugging numbers into a spreadsheet and crossing your fingers that you make a profit is no fun.


  10. #10
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    Holy rep, batman. Have some more!

    The rings stopped moving for me, unfortunately. Probably the leveling trend. Oh well.
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