What do you say to taking chances,
What do you say to jumping off the edge…
I’ve discovered that it’s tempting, when you’ve got a good amount of gold and have a nice routine, to just go on autopilot, watching your gold count grow gradually. And over time, all those markets where you make a few hundred gold a day will certainly increase your net worth. But it can also be monotonous – which is when it’s time to take chances. I’ve taken a number of small ones, but only two that I would consider big – at least in terms of the amount of gold involved.
First, the more recent and smaller of the two: I bought two Reins of the Crimson Deathcharger to flip. If you’re not familiar with them, the reins teach you to ride a mount that looks a lot like the Death Knight mount… except red, instead of blue. I’ll admit that doesn’t sound terribly exciting (especially to someone with a Death Knight main), but the reason it’s valuable is that this item only comes from the Shadowmourne quest chain after completing Shadowmourne. If you kill Arthas while using Shadowmourne, you get this and a few other vanity items. So there are exactly as many Crimson Deathchargers around as Shadowmournes.
So when I saw a pair of them on the auction house for 41K each, I grabbed one immediately and didn’t think long (and most of that thinking was about why a single character would have two of these to sell) before buying the second. I hope to sell each for over 100K , but may end up settling for 70K.
The second place I took a chance was with glyphs. I mentioned previously that I don’t believe the new glyph system will destroy inscription – or even just the glyph market – in Cataclysm. I stand behind that post – to the tune of 33,000 inks. I’ve been growing my stockpile over the last few months and certainly have not bought every cheap herb available (something I now regret), though I bought a lot of them.
Roughly 90,000 gold and countless hours of milling later, I’ve got two five-tab bank guilds full of ink and most of the two bank characters’ personal banks as well.My original hopes for these inks were modest – I was looking forward to 10G on average. But I’m already selling glyphs for 15G average on live, and my hopes are – well, modest isn’t the word.
To briefly sum up the reasons I already believed glyphs will still sell well – and for a good price – in Cataclysm:
- Lots of new alts – more than ever before.
- Many players will want to get all glyphs for their class, or at least the 20 for the achievement
- 3 more glyph slots, so everyone will be buying at least those, and new characters will need 50% more glyphs
- Ink of the Sea will no longer be the trade-in ink – it will be the new Cataclysm ink, milled from a new Cataclysm herb. This herb will be quite expensive for a long while.
There’s another reason, now – one that will probably not affect demand at all (if anything, it may lower demand a bit) but should increase prices dramatically – after the patch, glyphs will require 3 inks to create. So triple the cost to create inks! That doesn’t necessarily mean the price will triple, but it could. Combined with the new universal ink being milled from a more expensive herb, I wouldn’t be surprised to see a lot of glyphs going for 50 gold or more once most sellers run out of their current stockpiles. And with stockpiled glyphs, a huge portion of that 50G (about 48 of it, in fact) will be profit.
33,000 inks and the possibility of 50G glyphs – that’s 1,650,000 gold. 1.65 million gold. Of course that’s the optimistic view; but in my opinion I should be able to sell all of them for an average of at least 30 gold, which would still give 990,000 gold.
So my point, I guess, is this: Once you can afford to, take a chance! Sometimes it won’t work out, and you’ll just break even or possibly lose gold on it. But sometimes it’ll turn out better than you could have dreamed…