Sunday, January 10, 2010

184,000 in the bank -- but there could've been more.

Yesterday I hit the 190,000 gold mark. I cheated, though; my shaman finally dinged 80, and after securing crafted blues for his chest and shoulders to replace his heirloom gear, I (a) passed the mail shoulders and chest off to my DK, (b) trained up his level 80 spells, and (c) shipped off his gold to my banker -- just a shade under 2000g if you're curious. Now after months of leveling, he'll be leaving Dalaran once a day to do the JC daily and cutting the gems my DK transmutes. He'll be a goldmaking bot but he'll net me at 1000g in profit every week if he only does the bare minimum. Seems sad, but at least he's not like my paladin, who raided at the bleeding edge up to the second or third week post-3.1 and now basically logs in to smelt titansteel. The shaman's in quest blues and greens and is eagerly awaiting the Cataclysm and the opportunity to max out JC and enchanting when that hits. I'm confident he'll be meleeing his way through postapocalypse Azeroth in a few short months.

So about that 190,000 gold; it turned into 184,000 courtesy of a GDKP run of TOC25. Only one true upgrade dropped for me, and I bought that. Plus, I picked up some Trophies, and redeemed one on my way out of the Argent Tournament grounds for a Tier 9.3 piece. After this week of dailies I'll be rockin' a sweet two-piece set bonus. I have an awkward extra Trophy as well, which is clearly third-wheelin' it and needs a partner. So I have to raid TOC25 at least one more time in order to get my raider up to speed. This GDKP run was interesting; people were getting really gunshy when bidding on a piece of loot hit 2000g. Makes me wonder; why don't they flinch about paying thousands of gold for a crafted BOE item, but the BOP stuff from raids doesn't fetch that? I think it's because people think that dungeon loot is "free" and they feel weird paying for it. Luckily I know better than that, and I was able to snag something from every boss except one -- and get over 1000g back when we downed the last boss. Also I was pulling upward of 4000 DPS and that was only good enough for 16th on the damage meter. Now that's humbling.

So now I basically need to not get bored with making gold so that I can hit the cap. Don't get me wrong -- I have been getting very bored. And I think people have been catching on to the low-level enchants I've been selling to make ridiculous profits: the mats for those have been getting terribly expensive, and with the prices of epic gems dropping like a rock, my profits are coming pretty strictly from transmutes, smelting, and the piddling few hundred gold I make on glyph sales every couple of days. But 30,000g should be easily doable before Super Bowl Sunday and after I give my friend his gift, I'll be able to relax on the obsessive goldmaking front. Well, kind of; the fact that I'm planning on leveling my DK and priest to 80 now are effects of the goldmaking craziness. What am I getting myself into?

Friday, January 1, 2010

175K in the bank ... thank you Battered Hilt!

Well, I didn't hit the gold cap in 2009 like I thought I might, but I'll be pretty surprised if I don't do so before the end of the month. That is, of course, unless some major GDKP opportunities come along in January. In fact, I've banked over 50,000 gold in the last two weeks so we should be well beyond the cap in short order.

However, I have to thank the RNG for 12,000 of that gold. Yes, the famous Battered Hilt dropped in Heroic Halls of Reflection and I won the roll! What a beautiful thing. If I hadn't when hog-wild in a GDKP run a few weeks ago and purchased the dagger out of ToC25, I might have actually started the quest line to get Quel'Delar, but since it's only an upgrade up 6 iLvl points, all I saw were dollar signs. Luck was with me, and even though we wiped after it dropped (and the run wound up breaking up a couple wipes later) I was thrilled. I put it on the AH for 14,000 gold, and within half an hour someone was announcing "WTB Battered Hilt 12K" in Trade. Well, I couldn't pass that up, so I ate the deposit and made the handoff on the Ironforge bridge.

Other than that, it's been the usual ritual of buying saronite ore, smelting it, transmuting it to titanium, and profiting from those bars; transmuting and cutting meta and epic gems; and the occasional foray into blacksmithing for profit. Actually, Eternal Belt Buckles were miraculously selling for 40g or so a couple days ago, so I made a stack and turned a few hundred gold profit off those. I also moved two Tankards O' Terror at 1100g apiece somehow, so I only have five of those left. I've started firing up the glyph machine again, although I don't know what the hell is wrong with the glyph sellers on my server; I sold two glyphs for over 40g for the first time in months yesterday and now everything's back below 10g again. Whatever, for someone who still has stacks and stacks of herbs anything I sell feels like a profit now.

Oddly, my focus has now turned to Cataclysm. Yeah, we don't have a release date yet, but what I'm referring to is making sure that I'm putting myself in a position to maximizing profits when the expansion hits. That means that my two 80s won't be sufficient; in order to level my professions to the new maximum, I'll have to have everyone at 80 and ready to go in advance of the launch. Worse, the two toons I have sitting at 80 only have two crafting professions (inscription and blacksmithing) and also have herbalism and mining. Yuck! I'm not going to drop those because they're kind of a pain to level and farming mats while leveling in the new zones will beat paying inflated AH prices. My JC/Enchanter is 76 (halfway to 77) so that's not bad, but my DK with LW and Alchemy is 69 and my tailor is still down at 36! Thus, my new plan is to:

A) Level the shaman to 80. He's rockin' heirloom shoulders and chest, so his last few levels shouldn't be too arduous. Definitely doable within January even at a really slow pace. Plus, he's getting a bunch of experience from the jewelcrafting dailies (to give you an idea, he's halfway to 77 and only half-done with Dragonblight. That's a lot of extra XP from JC dailies!)

B) Then I'll pass off the heirlooms to the DK and he'll be in enhancement shaman mail through Northrend. Hopefully my fellow dungeon runners won't inspect me!

C) At the same time, I need to gather 40 Emblems of Heroism (remember those?) and buy the heirloom chest for my 36 priest and speed him through the content. I want to at least get him to the point where he can make netherweave bags -- I really think there are untold thousands to be made from selling bags once Cataclysm hits and everyone and his mom is creating a worgen on the Alliance side. Getting all the way to Frostweave capability would be great but I don't know how much tolerance I have for going through Outland again. The second profession the priest has is Enchanting, but since the shaman has that maxed out already, he'll be dropping it for Engineering. At that point I'll have all of the crafting professions covered. By leveling the DK to 80 and waiting on the priest, I'll be gambling that at least one of the other six professions will be more profitable than engineering or tailoring. I don't think that's too far-fetched.

I've decided that I only have the tolerance for gearing up one toon as a raider at a time. Through Naxx/OS/EoE this was my paladin, and he cleared up to Mimiron in Ulduar before my schedule became too ridiculous to raid. Then, when this patch hit, I picked up the warlock and never looked back. Because of the hours I spend goldmaking, any additional time in raids and chain heroics would be absurd. So the warlock will be the only one going on GDKP runs and spending gold in huge chunks (he dropped just under 3000g on Bejeweled Wizard's Bracers yesterday in fact.) So these level-capped 80s that I'm proposing to accumulate will be sitting there as professionbots, seeing no new content, getting no achievements, nothing. As a point of reference, by paladin's last achievement besides logging in during the 5th anniversary of the game came in early August. I have over 20 days /played on that toon. Kind of heartbreaking, isn't it?

Less than 40K to the cap! Don't stop me now!

Saturday, December 19, 2009

134K in the bank and a quick flip

The sales continue apace. I found a few good deals over the past day or two and have turned those to my favor. Someone was selling uncut Cardinal Rubies and Ametrines for 100g apiece right before I was about to log off last night; I bought those and flipped 'em fierce. I picked up a new epic cut thanks to the JC dailies -- Purified Dreadstone -- and now can cut all the epic gems but Eye of Zul. The fact that they almost always sell makes me not worry about diversifying the cuts I have. Happily enough, Greater Cosmic Essences and Titanium Bars were going for 23g and 25g respectively this morning; I've been selling them for 16g and 17g apiece so the profit margin is skyrocketing. My daily transmutes and Titansteel smelting are keeping me fat and happy.

But the best thing of all happened today just as I was about to leave for work: someone was offering up the Agility version of the Greatness Card for 3000g bids in Trade. I jumped on it and offered 2700g, but the seller wound up putting me in a bidding war with another Darkmoon Card flipper (I know he is one because I sold him one for 4000g this week and saw him immediately list it on the AH for 4800g. Of course, I put one of my own up for a 5g undercut not a minute after he listed his.) In the end I wound up paying 3200g for the thing. Not 15 seconds later, I kid you not, someone in Trade is offering 4200g for the EXACT version of the Greatness card I'd just bought. I became immediately suspicious that I was somehow being set up for some type of scam (I don't know how that's possible, but hey, seemed too good to be true.) I immediately invited the person and we met up at the Deeprun Tram and made the exchange. In less than 5 minutes I had made 1000g. No effort. Not even as much effort as collecting something from a mailbox and listing it on the AH.

I doubt I'll have that opportunity again very soon but holy cow. That was one thousand of the eighty thousand I have to make before I hit the gold cap. Incredible!

Friday, December 18, 2009

122,000 in the bank

Sales have been moving at a pretty nice pace lately. I haven't seen the same post-patch results as many other goldmakers but I'm not well-organized and I didn't do any preparation. My bad; epic gem prices are up 100g across the board. If I would've focused on that niche alone I'd be looking at thousands in profit. Still, the glut of new gear from instances of all sizes is causing enchants and gems to sell like crazy. I've taken advantage of the titanium transmute being taken off the cooldown and have been selling tons of converted saronite ore that way. I've also been buying cobalt ore at 25g a stack, making axes, DEing those, and selling that essences for about 19g per ... I'd love that to be higher but I'm not going to complain about turning a ~80% profit.

I have been burned on a few things; primary among these was a large purchase of abyss crystals that the RNG saw fit to turn into dust.

And let me just say that if I hadn't leveled JC and enchanting, I'd be bleeding gold right now. Glyphs are still in the basement; I do a QA post every couple days at random times, and I can't remember the last time one of them sold for more than 10 gold. I have held off completely on buying herbs, and in fact cleared the AH out of Frost Lotus even though my alchemist is transmute specced, making Flasks of Endless Rage for 60g lotus and effectively-free Lichbloom and selling them at 46g apiece. Nice profit there. I've even taken to buying out our resident idiot discounter's stock of flasks (he lists at 33g) and flipping them. He lists more, I buy em, mine sell, screw you.

One of my goals this weekend is to get serious about managing my enchanting scrolls. I have a couple hundred stacks of saronite ore to burn through and a bunch of recipes to buy from the shard trader. Hopefully I can find a way to soak up these piles and piles of cheap dust and turn them into heavy profits.

Thursday, December 10, 2009

Up above 115K, finally

Quick update since I finally guessed the right password and got into this account.

* Glyphs have crashed. I'm barely participating in that market. I haven't done a restock in weeks.

* I've leveled my shaman (previously "my little shammy") to 73 already. Nearly 74. He's got maxed out JC and 440/450 Enchanting. The recipes for both are pretty sparse but the ones I have are big sellers. I'm so grateful that I got the MC/heirloom SP enchant, I sell one every few days at ~250g profit.

* I'd be further along but I got epic and cold-weather flying for the shaman. Man does that speed things up in Northrend.

* I do my daily transmute with my DK and my daily JC quest on the shammy and everything works out.

Sunday, October 11, 2009

For the third time - 100K in the bank

Well, I've dropped another 5000 gold in my guild bank, bringing the total there to 100,000 once again. Hopefully this time such inspirations as "I should buy a chopper" and "a whole pile of epics to flip sounds like a good investment" won't hit me.

Speaking of those epics, I haven't listed a single one yet. The prices are still too low. Hopefully people start equipping these things and we can get on with the profit-making.

It's also become my sad duty to make sure that there is no profit in glyph-selling. I got sick of the constant undercutting wars yesterday so I set my undercut to 15g apiece. I don't want anyone making any gold off the damn things. Hopefully I can drive a few competitors away for a while. I certainly don't like having a new crew of numskulls taking profit from me.

Needless to say I've been much more vigilant about buying ore and doing blacksmithing. I've also made half my money back from buying the Spellpower enchant recipe (after four sales) so that's something I'm counting on from here on out. I've been doing the epic gem transmute on a daily basis and the gold is trickling in from that. Now I have to keep leveling my Saronite Shuffler in order to start realizing legitimate profits. He's 49 and looking forward to leveling through the worthless BC profession content. (Seriously, is there anything in JC or enchanting besides Mongoose that still sells? Worst set of skillups ever.)

If you total up all the gold that all of my characters have, I'm sitting right at 107,000 -- half of the cap. But it doesn't count till it's in the guild bank.

Tuesday, October 6, 2009

Current state of affairs

I don't have a good measure of how much gold I have on hand or what I'm making -- which is great, right? -- but I do know that I haven't made any new deposits into the guild bank lately. Inscription is back to a low point; we've gained a new competitor or two and I've gone to a bigger undercut/low threshold on my glyphs. My most consistent moneymaker is blacksmithing, believe it or not, as well as my epic gem transmutes.

I've leveled my JC and enchanting to the current cap of 300; this is good because I acquired the recipe for +30 spellpower to a weapon for 2000g. I've sold two scrolls for over 350g apiece, so I've recouped almost half of what I spent on this in under a week. I keep buying out all the golden pearls that turn up on the AH so that I can keep making these and eliminate competition as well. (Thus far I've seen one other person list this scroll.) I've also been hoarding righteous orbs in case another Crusader formula is listed on the AH; one was up last week with no buyout(!) and I lost it. The bids were only in the 30g range!

I've also invested in close to a dozen Tankards O' Terror. Each was purchased for under 1000g and will hopefully sell for north of 1500g. I'm waiting for a week for those that are currently on the AH to drop off and then I'll start listing at 2000g and see whether they sell.

I'm getting impatient! I want to have over 107,375g in the bank so I can officially consider myself half-capped! I guess I need to hustle on this JC/enchanting leveling.