Here’s a way to make some gold on the AH that I found out about, but let me first start off by saying it is riskier than selling glyphs. You should do OK, but before you get too excited go check the prices of blue gems, Infinite Dust, Cosmic Essence (Lesser & Greater), Dream Shards (Large & Small), and Eternal or Crystallized Earths.
FYI this isn’t exactly quick, but it’s sure faster than farming!
What You Need: Jewelcrafting & Enchanting
Prospecting: Take 1
As I said this is a little risky, largely in part to the randomness of prospecting. On Tuesday I spent 200g on 10 stacks Saronite Ore and 32g on 4 Eternal Earths of which the ore was prospected into the following (I’ve added going AH rates of that day):
3 Sky Sapphire – 7g/ea
1 Scarlet Ruby – 60g/ea
2 Autumn’s Glow – 8g/ea
4 Twilight Opal – 20g/ea
2 Monarch Topaz – 20g/ea
1 Forest Emerald – 10g/ea
8 Shadow Crystal – 1g/ea
8 Dark Jade – 1.5g/ea
4 Bloodstone – 2g/ea
11 Huge Citrine – 1.5g/ea
11 Chalcedony – 1.5g/ea
4 Sun Crystal – 1.5g/ea
In total I could make 294g total GIVEN that I can sell all of them. Somewhat risky given that I spent 232g to make a potential 62g. But think about that. It’s a 20% gross profit margin which is pretty decent, especially if you start doing this in larger quantities. However, that’s not all the gold you can make.
Enter Jewelcrafting & Enchanting
I took the Eternal Earths broke them down to their Crystallized counterparts and crafted:
11 Crystal Chalcedony Amulets
4 Bloodstone Bands
4 Sunrock Rings
11 Crystal Citrine Necklaces
Which I then sent to my Enchanter and disenchanted them into:
3 Lesser Cosmic Essence – turned into a Greater to list at 24g
36 Infinite Dust – 4g/ea – 144g
2 Small Dream Shards -6g/ea – 12g
But it turns out that Shadow Crystals and Dark Jades sell for crap on my server (around 1g/ea, sometimes less). Unfortunately crafting them into anything that I can make on my JC yields less infinite dust than I can sell to make up for any Eternal Earths I purchase so those two items are a loss. I’m holding on to them for future JC leveling purposes. Which brings up another point. Make sure you can craft some greens with these gems that you can disenchant.
So selling the blues and the enchant mats I stand to make a potential 407g. Now take that into the perspective of my cost 232g the gross profit percentage is now 42%!!!
Gross Profit % = (Revenue – Costs) / Revenue
Now imagine that on a large scale! 😀
So I did it. A few of the gems sold before I could finish posting all my auctions. So I thought maybe I better try this again.
Prospecting: Take 2
So since it worked once, I was less hesitant to try again, but still somewhat concerned that maybe it was a fluke. I bought 24 stacks of Saronite Ore at roughly 15g/stack and spent 97g on Crystallized Earth. I waited until after prospecting to figure out how many of those I needed. I ended up with:
3 Autumn’s Glow 12.4g/ea
5 Scarlet Ruby – 59g/ea
3 Forest Emerald – 7.9g/ea
3 Monarch Topaz – 14.4g/ea
2 Sky Sapphire – 5.9g/ea
2 Twilight Opal – 18.9g/ea
In addition to these gems that were crafted into items and DE’d:
14 Huge Citrine – 14 Crystal Citrine Necklaces
14 Bloodstone – 14 Bloodstone Bands
19 Chalcedony – 19 Crystal Chalcedony Amulets
21 Sun Crystal – 21 Sun Rock Rings
The crafted items DE’d into:
84 Infinite Dust – 4g/ea
24 Lesser Cosmic Essence converted to 8 Greater – 17g/ea
2 Small Dream Shard – 6g/ea
And these two gems are again counted as losses:
19 Dark Jade
16 Shadow Crystal
They are losses because the items I can craft DE into Small Dream Shards which sell for 4-5g/ea. It takes 1 Eternal Earth to craft each item and those cost 7-8g/ea.
In the end I sold everything except 2 Autumn’s Glow gems and 4 of the Infinite Dust for a total of 863.5g. Made around 400g. Not bad, not great. It’s still income if you don’t want to farm and I’m sure I’ll sell the last of it eventually.
So why not cut the gems first into high priced ones to sell? Well the posting cost goes up quite a bit and you’ve now limited the number of customers wanting that gem. You stand to make a lot more gold, but you have also increased your risk. Until I get a little more comfortable doing this, I won’t be taking the risk yet.
Remember the following when attempting this:
- It’s risky. Chance plays a big part in this.
- Price of Blue gems and their posting costs
- Price of Infinite Dust
- Price of Cosmic Essence (Lesser & Greater)
- Price of Dream Shards (Small & Large)
- Price of Eternal Earth & Crystallized Earth
- Cost of Saronite Ore
- Cost of other crafting mats required to make greens for DE
I can’t guarantee you’ll make money doing this, but you should if you do your research first. For me, I’m not purchasing any Saronite Ore over 20g/stack and it’s worked so far. On the other hand, I’ve bought more at 15g/stack so maybe 20 was an anomaly.
If you try this, good luck and I hope it works. 😀
Filed under: My AH Experiment |