I checked the price of leather on the AH and it was dirt cheap. The price normally sits 50 silver each or more recently. When I checked today, I saw it at 30 silver each on up. I picked up every piece under 46 silver. 1164 pieces of it or 58 stacks. I converted it to heavy and got 194 Heavy leather. I paid 464G for all of it, so it works out to 40 silver a piece or 2.4g per heavy leather.
I also paid 146G for 40 eternal shadow so that makes it 3.65g each. More than I need at the moment, but I will use them eventualy and the price was right.
So my favorite thing to make are dream shards. At these prices I can make one for 11.44g. I am selling them on the ah for 19g each. So that is 7.4g profit on each one I sell. That is 60% profit.
Heavy Borean Armor Kit takes 10g worth of leather and sells for over 30g. I see it listed at 39g today, but with that much mark up it will not stay that high.
So if I only made Dream Shards, I should be able to get 48 of them out of this batch for a total cost of 550. As Dream Shards, I should be able to sell them for 912G.
If I only made the armor kits, the sales should be 1440g or more. I do a healthy mix of both. I can move the shards in greater volume and I know that market better.
Showing posts with label Leatherworking. Show all posts
Showing posts with label Leatherworking. Show all posts
Monday, October 19, 2009
Wednesday, September 30, 2009
Inscription bags
Telburn just dropped a hot tip as a comment to one of my posts.
Inscription bags are a hot item at the moment. If you have some leather sitting on your leatherworker make up a batch of these. Normally inscription bags sell for less than the mats (the 2-3 times I ever looked at them) because they are a skill up item.
With the new guide posted on MMO-Champions, people are picking these up to jump start inscription. Remember the names of these people that buy 2-4 at a time from you. Add them to your friends list now. They are either the main or alt of one of the new players on your server.
Inscription bags are a hot item at the moment. If you have some leather sitting on your leatherworker make up a batch of these. Normally inscription bags sell for less than the mats (the 2-3 times I ever looked at them) because they are a skill up item.
With the new guide posted on MMO-Champions, people are picking these up to jump start inscription. Remember the names of these people that buy 2-4 at a time from you. Add them to your friends list now. They are either the main or alt of one of the new players on your server.
Tuesday, August 25, 2009
Snatch List: Borean Leather
I love to watch Borean Leather on my server. The market floods from time to time and you can catch stacks and stacks of it way under value.
First lets define vender value for Borean Leather. I never vender it, but if my markets crash I can still turn a profit by vendering it. Frostscale Leggings take 12 pieces and vender for 5g35s64c. That works out to 44.6 silver a leather or 8.93g a stack. I see it sell for as low as 30 silver on my server. So daily I purchase all leather under 41 silver. But lets look at the other ways to make gold off of it.
First is to check the conversion to Heavy Borean Leather. That takes 6 leather a piece. At 41 silver anything I sell over 2.58G is profit. I sold several stacks at 4.3G each last night. Thats higher then the norm. 3.5G is more commonly what I sell it at. But thats still a good profit.
Heavy Borean Armor Kit is another item that sells well for me. It takes 4 heavy leather (24 borean leather) at a cost of 9.8G and sells for 15G or more.
And an item I mentioned previously is Dark Iceborne Leggings. It takes 4 heavy leather (24 borean leather) and 1/2 an eternal shadow at a cost of 11.3G and sells for 15G or more as a Dream Shard.
With these three options I can buy every piece of borean leather that I see and know that I have several channels to push it onto the market. If I keep buying up all the supply, then it also prevents anyone from moving into those markets. This is one item on my daily snatch list.
First lets define vender value for Borean Leather. I never vender it, but if my markets crash I can still turn a profit by vendering it. Frostscale Leggings take 12 pieces and vender for 5g35s64c. That works out to 44.6 silver a leather or 8.93g a stack. I see it sell for as low as 30 silver on my server. So daily I purchase all leather under 41 silver. But lets look at the other ways to make gold off of it.
First is to check the conversion to Heavy Borean Leather. That takes 6 leather a piece. At 41 silver anything I sell over 2.58G is profit. I sold several stacks at 4.3G each last night. Thats higher then the norm. 3.5G is more commonly what I sell it at. But thats still a good profit.
Heavy Borean Armor Kit is another item that sells well for me. It takes 4 heavy leather (24 borean leather) at a cost of 9.8G and sells for 15G or more.
And an item I mentioned previously is Dark Iceborne Leggings. It takes 4 heavy leather (24 borean leather) and 1/2 an eternal shadow at a cost of 11.3G and sells for 15G or more as a Dream Shard.
With these three options I can buy every piece of borean leather that I see and know that I have several channels to push it onto the market. If I keep buying up all the supply, then it also prevents anyone from moving into those markets. This is one item on my daily snatch list.
Tuesday, July 28, 2009
Dream Shards with Leatherworking
I was checking out some other blogs and I found http://www.warcraftecon.net/ listed a LW pattern that makes Dream Shards.
Dark Nerubian Leggins, Dark Icebourne Leggins, Dark Frostscale Leggins
They take 4-6 heavy borean leather and 4-5 Crystallized Shadow.
I ran to the AH and saw my favorite farmer had the cheapest shadows up. I bought then all out. Then I did the math on scraps -> leather -> heavy. I purchased every scrap under 8 silver, leather under 55 silver, and heavy under 3g.
My autitor told me I spent 150G and made 11 dream shards. It works out to be 13.33G each and they list for 16G. I also had 8 eternal shadows and some spare leather left.
I may have to add this to my schedule.
Dark Nerubian Leggins, Dark Icebourne Leggins, Dark Frostscale Leggins
They take 4-6 heavy borean leather and 4-5 Crystallized Shadow.
I ran to the AH and saw my favorite farmer had the cheapest shadows up. I bought then all out. Then I did the math on scraps -> leather -> heavy. I purchased every scrap under 8 silver, leather under 55 silver, and heavy under 3g.
My autitor told me I spent 150G and made 11 dream shards. It works out to be 13.33G each and they list for 16G. I also had 8 eternal shadows and some spare leather left.
I may have to add this to my schedule.
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