Thursday Collections Report

 Collections from this past week. I'm going to follow suit with one of my favorite bloggers, Stokpile, and post numbers first. Then updates on what happened.

Current:51k
Profits: 1k (I bought epics lol)

Gems

 Glyphs

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I had 4 full stacks of Inferno Ruby's, and now I have 6 left. Sadly I cannot find an easy way to come buy these, as they are on my AH for 100g (as of last night). I have a few carnelians and stacks of heartblossom, but I do not have an alchemist of my own and do not want to pay a lot for tips, and I also do not know if rare gem transmutes have a cooldown. If anyone knows, can they let me know? I'd appreciate it.

Glyphs sold all right. I posted mine up immediately after the rolling restarts and made another 1k gold. I didn't post them last night as I was on the DK the entire time running heroics and doing gems stuff. The red gems were selling out so fast I had to constantly restock the AH with 4 at a time, causing me to use 57 of them in like 2 hours. This new gear was in definite need of some gem love, and I was providing it.

I am trying hard to get the Glyph of Frost Armor, but sadly it is completely random from my Northrend Inscription Research, and I cannot currently craft every single glyph (I was a late-comer in Wrath). So that is a dilemma as they are selling for 3-400g a piece on my server. Do wants. I wish I would've stocked up on Books of Glyph Mastery prior to Cata, as the prices on them have skyrocketed, I didn't have the funds to buy them, since I was once very, very poor. I would've never fathomed that I would have the amount of gold I have right now, but to me it is not enough. I doubt I will make my goal of 100k by the end of May, because I keep buying things that I cannot resell. It is quite depressing, but at least I am having fun right? Maybe I will get there if I can keep up my profits. Only time will tell.

I need to finish leveling my alts so that I may have more professions, but I get so bored and lazy while doing it. I want to gear my DK up, but I want the extra profs to cash in on them. I need to level faster, but to do that I need to get more heirloom items, which I need to get by running heroics on my DK, which is a never ending cycle of me not doing anything productive for a very long time. I need to get some tank gear for insta queue heroics, or find a tank friend. Both would help me to get my professions up faster with more heirlooms. My brother needs to get his paladin to 85, so that he can tank for me. I don't want to drop tens of thousands of gold on tanking gear, as it would take time to make up that investment.

Niche Markets

Have you ever gone to the Auction House to sell something you think might sell well, but when you get there don't see anything up? You may have found a niche market, and you don't even realize it. I found one of those this afternoon. I posted up the Hunter's Inks I got from milling low level herbs for glyphs. I posted all of them up at 7 gold, because why not?

All of them sold.

Every single one. I didn't understand why, but someone had bought up all of these seemingly insignificant inks, and I made 60 gold. Now 60 gold isn't a lot, but it's 60 more gold I didn't have before and 60 gold I wasn't expecting to have from those items. They can only craft two things: Mystic Tome and Mysterious Tarot. Personally I think that the tarot was crafted, since they are a quick and easy way to get Darkmoon Faire rep, often much cheaper than buying the higher level decks. I'm going to start selling all of the lower level inks that can produce tarots, and see how well they sell. If there is a consistent market, I may start buying more of these lower level herbs to craft my glyphs. We shall see in the next few days how this works out.

Niche markets can be a nice bonus to any AH goblin, resulting in many tiny trickles of gold that will all add up in the end. If I sold 100 of these, that would be 700 gold. At 5-10g per stack of herbs, and about 2 inks per stack, I would be making 4-9g per stack just from these rare inks. That would be a nice little addition to my glyph income, and every amount of income is appreciated by me.

Any niche markets you have found recently that you want to share with the gold-making community? Feel free to leave a comment below!

Oversight? Or intentional?

I noticed as I logged into 4.1 today that the change to cut gem vendor prices is true, and they are vendoring for 75 silver. However, something else I noticed is that the raw gems are still vendoring for 5g. Was this an oversight, or did Blizzard leave it this way intentionally? Whatever the reasoning behind it, it still gives bots a good reason to farm ore because they can sell it confidently for 20-25g a stack, because we can now just vendor the raw uncommons. The fact that these uncommons still vendor for 5g changes everything... again. 4.1 ruined the ore market and raised gems to higher prices, but the demand increased while supply decreased. With the recent discovery that raws still vendor for 5g, then the supply could start back up if others (including farmers) also noticed this change and were still confident with getting slightly smaller profits but the same rate of sales as before. I have yet to read anywhere else posting about this, so I thought I would bring it up. *Edit* Power Word:Gold, also noticed and commented on this change. This is a quick post this evening, as I have some heroics to run!

I'm Back!

I am back from my weekend hiatus, and will post my gold totals. I don't have collection reports since MySales broke, but I can post pictures of tonigh and where I was 9 days ago, gold-wise.

Above is where I was on April 16. I had 31k gold.

Tonight, Auditor shows me at 49k gold, after  ought the herbs needed to refresh my glyphs. So, I made 18k in 9 days, or an average of 2k a day. Man, 2000 gold used to seem like a ton to me. I remember at the beginning of Cata, I had to borrow gold from my friend to buy epic flying. Times have changed haha.

And the above picture is what my action bar looks like when I am crafting. I have 2 mill macros, a prospect macro, and macros for selling uncommon gems of each color.

Glyphs are still my primary market, and those shadowspirit diamonds are rotting away, not selling, and I am sad. Hopefully 4.1 will turn that around for me.

Tomorrow I will post tips and such. Until then, have a great Monday!

Sorry

I had things come up that have prevented me from posting my totals tonight. I will be gone most of the weekend and may be back Sunday to post up a little later. I'm posting this from a phone. I will post Sunday night, Monday at the latest. I wish not to share what's going on, but I hope it will resolve soon. I hope you all have a fantastic weekend and are looking forward to my post.

Gems and Such

I decided that I am going to start posting totals for the "end of the week" on Thursday nights from now on. This post is not the post about my totals, that will come later this evening. This post is about gems.

In 4.1, the new heroics will come out. Inside of these heroics is a lot of gear. Inside of all of this gear, there are gem sockets. Sockets need gems, right? Right. So gems are going to be in demand, but after a week or so, the supply will go down. Why? Because of the uncommon gem vendor price crash. There won't be people prospecting hundreds of stacks of ore every day, and there won't be hundreds of stacks to prospect anyways. So, I am building up a stockpile of rare gems, namely Inferno Ruby's. There are a lot of red sockets on the gear, and people will want to put red gems in other sockets as well because it is better stat-wise. I didn't put a yellow gem into my Elementium Girdle of Pain because I knew I would benefit more from a 40 strength inferno ruby than I would a yellow gem and a 10 strength socket bonus. So straight stat gems will sell best. Intellect, strength, and agility gems are what I will be selling. I am going to have a stock of 6 of each waiting and I have 5 stacks of raw inferno rubies at the moment, and am hoping to get some more before patch day hits.

Yesterday I bought 50 Shadowspirit Diamond for 5000g, or 100g a piece. I can sell my Reverberating Shadowspirit Diamonds for 140g each, which will result in a profit of 2k if they all sell for that price. I'm not posting all of them up right now, obviously, as prices are always changing. It was a heavy investment, but I will be stocked for a while and as long as I keep the prices above 106 gold, I will profit (adjusted for AH cut), and at those prices, profits will suck at 70s a gem. But I am hoping with the new patch that the new caster helm will receive some meta gem love and I can get the intellect rare recipe for cheap. If I can pick that one up, then I will get much higher profits from these metas, which will greatly please my coin pouch. My current goal is to achieve 100k by the end of the school year (so end of May). I hope I can keep up my profits until then, and meet this goal like I met my first one (I was above 50k earlier this week, but that 5k worth of metas changed that XD).

Happy Thursday, and I will post up my total gold later this evening.

Also, I am going to start posting pictures. Sometimes they will be used to further along my discussion, and other times they will not. The following is of the latter:

Also, check out http://centaurbrandon.blogspot.com/?zx=f4ff5e98be1d1a06. It is a blog my friend wrote about our friend Brandon, who is most definitely a centaur.

Addons

I just added this as a page as well, check it out at the top tabs. This is a compilation of addons I use to play the AH, and I provided links to their download pages as well.

AddOn Control Panel - This useful addon allows you to toggle addons between on and off while logged on to your character, and also allows you to reload your UI. Very useful in some situations.

Altoholic - Altoholic can keep record of what items all of your alts have and can even show guild banks (for your bank guild, obviously). I use this when I am using Skillet to craft my glyphs to see which ones I have currently so that I always have 4 of each.

Auctionator - Now this addon is much better in my honest opinion. It has a much better selling UI, as you can put the item up and set how many stacks of X you want to post up, and it will undercut always. But the best part of Auctionator is the buying UI. You search for what you want, and it gives you the cheapest occurence of that item on a per-item basis. So a stack of 20 of X that is 10g will be priced lower than a stack of 5 of X at 5g. So it will enable you to always buy the cheapest items.

Auctioneer - Who doesn't use Auctioneer? It scans the AH and gives prices for many things and has a slightly better posting UI than the normal AH, and can sort things better when you search for them.

Auditor - Keeps track of all of your gold, incoming and outgoing, on many different criterias, like mail, vendors, AH, etc. You can also sort it by day, session, week, month, or total.

MySales - This addon keeps track of all of your sales and tells you who bought them. You can also add a POI (person of interest) and have it track them, so you can see who is buying up all of your stock all the time.

Postal - Auto collects your mail. That's all it does, besides tell you how much gold you collect, but extremely useful nonetheless.

Skillet - Extremely useful in that I can set up queues to craft items and the shopping list is saved between alts so I know what I need to buy and how much of it.

TradeSkill Master - I use TSM only for posting, because the group/post interface is the greatest thing ever. I do not use the crafting part, but you can find guides on how to use the rest of the addon on The Consortium Forums.

Are there any addons that you use that I didn't list that help you? If so, leave a comment or send me an e-mail and I'll try it out!