Wotlk Preparation Part 2: Liquidate your Assets

30 10 2008

In Part 1 of our Wotlk Preparation series, we talked about hitting level caps and saving materials to get a head start in leveling professions. In Part 2 we will discuss liquidating your items, organizing, and freeing up bank slots in preparation for all the new items and mats you will be collecting in Wotlk

Liquidate your assets: Time to do some spring cleaning in your banks. Many items are going to lose their value when Wotlk launches, like when essences dropped in price when new primals were introduced in Burning Crusade. Lets start by taking a look at what’s taking up your precious bag space first.

Spring Cleaning

  • Mounts & Non-combat pets: Hopefully by now you have clicked on all your non-combat pets and mounts so they go into your pets tab, this is a big space saver for some people.
  • Reagents: Since the new patch, some items are no longer required for certain skills. An example of this for Rogues would be like [Flash Powder] and [Theives’ Tools]. Free up some bag space by vendoring these reagents or tools since you no longer need them.
  • Consumables: Unless you are still raiding, take a look at what flasks/elixirs/potions/food you are no longer using. You can either sell them on the auction house or save a few for a small advantage in leveling. Some noteworthy consumables you may want to hang onto for leveling are anything with spirit or health/mana regen. Also start selling off those [Mark of the Illidari]since you are probably not going to revisit those instances in Wotlk. In an upcoming post I will list off some consumables I plan to use to reduce down time during leveling in Northrend.
  • Badges & Tokens: Either buy some gear with your [Badge of Justice]‘s or purchase epic gems to resell on the auction house. You may even want to go one step further as to get the raw gem into a popular cut to get a higher resale value. Check your local auction house for which gems are going for the highest. [Crimson Spinel]is usually a popular gems across most servers since blue and yellow cuts are usually only used to fill meta requirements. Take a look in your bank, chances are there are some [Spirit Shard]‘s. Fly over to Terokkar Forest to cash these in. I would pass on the gear unless it is a good upgrade for you. Trade in your shards for health or mana potions, this will help during those Wotlk grind sessions. You are not able to vendor these by the way. Also check your bank for Halaa tokens to trade for some gear, mounts, or even a 18 slot bag. So far in the beta, there are no battleground mark requirements for the new PVP gear. However this may change once it goes life, but if you have PVP marks you want to get rid of, they can be traded for various tabards, mounts, and gear. There is also a quest that allows you to turn in 4 of the different marks for honor as well. Please remember to save your honor points, Blizzard has announced that they will NOT be reset. You may have other forms tokens or daily quest items, but you get the point, cash them out and free yourself some bag space.
  • Cloth: Many of us have plenty of [Netherweave Cloth] sitting in our bank alts, there are many ways to liquidate this abundant item. You can put them on the auction house, however it is not recommended unless your making over 5g a stack. The reason is that you can craft 10 [Heavy Netherweave Bandage]‘s with a stack of cloth and vendor them for 3g. So putting up the cloth on the AH for less than 3g is completely pointless. Start making bandages and vendoring them, some people will even buy the cloth for very cheap use this method to make some quick gold. Another way to get rid of your cloth is if you are a Tailor/Enchanter, you can craft things like [Netherweave Bracers] and disenchant them. Then sell the enchanting mats on the AH, but be aware at how much enchanting supplies sell for in the current economy. You can always use an enchanting mod or Wowhead to check what items disenchant into what materials. One last way to burn some of your cloth is to make [Netherweave Bag]‘s with them. These are 16 slot bags that you can use in your 7 bank slots and for your bank alts if you have smaller bags you can replace. All it takes is 20 cloth and 1 rune thread to craft. Make sure your not paying too much to have these crafted since you can buy them on the auction house for around 7g. That stack of cloth for the bag is already worth 3g in bandages, so tipping your local Tailor anymore than 4g per bag wouldn’t be worth it. Also consider specialty bags since they can carry various items like primals and various items you wouldn’t think would go into that type of bag, check Wowhead for what bags can hold what.
  • Crafting Materials: These materials have always been valuable, there will always be people leveling professions. Keep in mind the new wave of Death Knights that will level professions from level 1, including secondary professions (except first aid). We may see a slight rise in pre Burning Crusade mats. The idea is that new Death Knights most likely won’t be farming low level things for crafting mats, but rather just buy them off the auction house. The save thing to do right now is to just sell off whatever mats you have on the auction house. A more riskier plan would be to save them for the first week of Wotlk and sell them at a higher price to new Death Knights. Obviously, save crafting mats you plan to use yourself if you are choosing to roll a DK or level a new profession. Remember to save some if you plan to craft some recipes from TBC for those extra skill points at the beginning of Wotlk, as mentioned in Part 1 of this series.
  • Gear: Check for gear that you may not need anymore. Since the latest patch +healing/+spell damaged have been consolidated into +spell power. Some classes may be able to get rid of some gear that they have saved because it had one or the other. I have not been a huge fan in saving old gear, but some people love collecting old word weapons or sets for aesthetic purposes. Look for old trinkets that you may not use anymore, I personally will keep the trinkets that summon combat pets.
  • Miscellaneous Junk: Do a quick check to make sure no vendor trash got mixed up into your inventory. If a certain item is not BOP (Bind on Pickup) and you don’t use it very often, you may want to consider moving it to a bank alt. I personally have moved things like extra scrolls, food, consumables, and crafting materials over to a bank alt till I need them. Look also for things like random Holiday or event items as well. Use your best judgement on deleting all this random junk in your inventory, it should be pretty clear by now that most items will be worthless after Wotlk. Just keep in mind what new Death Knights will be most likely to use while they are leveling.

This should conclude your inventory cleaning, if you are still unsure about certain items and their use after Wotlk, just hang on to them. After Wotlk gets release, you can free up even more old world junk if you don’t see a need for them. After you have liquidated all your assets, do a quick organization of all your items. In my extra bank slot bags, I usually separate things into categories like gear, consumables, quest items and marks, crafting materials, old trinkets and vanity items, etc. Some of you may prefer to put all the old world items into a few bags, and leave the rest open for new incoming Wotlk items. I wish the very best to all of you in your quest to organize and liquidate your assets, I know this can be a chore for some of you. Suggestions are always welcome and please let me know if I had missed any items.

In [Part 3] we will crunch some numbers to see how much Honor Points you should save up in preparation for the new level 80 PVP gear. There are 3 different sets of PVP gear per season! Stay tuned!

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Wotlk Preparation Part 1: Hitting Level Caps

29 10 2008

Over the next few weeks before the launch of Wotlk, I will be talking about how I am preparing for Wotlk as well as offer advice to our readers on how to prepare for it. It seems to be a question that keeps coming up as we get closer to launch (November 13th 2008).

Hit level caps: From a profit standpoint, being at level cap with your character, professions, and skills will make you the most money. If you are not level 70 yet, try your best to get there before the expansion. This also goes for your professions, including gathering skills and secondary professions. Bring them up to 375, this includes cooking, fishing, and first aid. The price of some materials have dropped significantly so getting the rest of those skill points shouldn’t be too expensive. Even if you don’t plan on using your secondary professions, it is still a good idea to since it will unlock the daily quests for them. You can always sell the rewards from them like [Northern Spices], which will be in high demand at first. However I still recommend using cooking to turn all that meat you will loot into profit by cooking it.

You may also consider leveling your weapon skills to their cap if there are not there already. Some people still are not at cap with their ranged weapons like wands, or maces for healers. This can mean the difference between killing that totem or finishing off a player when you are out of mana. By doing this, you will save some time later on when you have to level them in Northrend. After all the whole point in preparing for the expansion is to do what you need to do now, while you have the time, rather than later, when you have better things to do.

Save materials for your professions: Once you get to one of the Northrend starting areas, you can train to become a Grand Master in your professions and start leveling past 375. Some of your recipes from Burning Crusade may still be green, yellow, or orange. You can check at www.wowhead.com to see which recipes go grey when. Start to save up some mats to level some of these to get a head start in leveling the profession. Of course some end game recipes would not be reasonable to craft because of the high cost of materials. I would only do that if you really wanted to get that extra edge.

Some cooking recipes don't go grey until 385.

Some cooking recipes don't go grey until 385.

I’ll take cooking for example; [Spicy Crawdad] is still green, [Fisherman’s Feast] and [Hot Buttered Trout]will still be yellow at 375. I have already started saving up a few of the mats for these so I can save my Northrend meat and fish for better recipes. Kaliope over at WoW Crafting Blog has attempted to level cooking in the beta and has reported that it is going to take a lot of mats to get those final skill points to 450.

I don’t know about all the professions, but please leave a comment if you know of any reasonable recipes that you can use to give you those few extra skill points in Wotlk. My only trade skill at the moment is Leatherworking, and the drums are the only reasonable things I can make to get some extra skill points before I start with Northrend mats.

In [Part 2] we will cover liquidating your items, organizing, and freeing up bank slots in preparation for all the new items and mats you will be collecting in Wotlk. Look for it in the next few days.





Cooking: Raid Buff Foods

26 10 2008

Food in TBC

Whether you are on a PVE or PVP server, there will always be end game raiders. This means there is always a demand for raid food. Although cooking at its’ current state isn’t the biggest money maker, it is a small market with very little competition. Also take into account the low number of people to actually spend the time to level to max cooking, it is down there with leveling fishing as peoples’ least favorite professions. I personally love both. I have been using cooking to my advantage ever since they implemented the cooking daily’s. Your average stack of raid food will sell for 20g, not anything too amazing, but for the time involved for the gold gained is very worth it. It takes 40 seconds to cook a stack of 20 food, add about 20 sec for buying the food and your up to approxamatly one minute spent per stack. If each stack sells for 20g with an investment of 10g, that’s 10g X 60 stacks an hour, which equals 600g per hour. Obviously prices will fluctuate between your servers and which type of food you are making. Below is my process for providing my server with raid food.

  • Buy Meat & Fish – Go to the auction house and filter your search for “Trade Goods” then “Meat”. Search down the lists for your typical raid food mats, this may include Zangarian Sporefish, Talbuk Venison, Warp Flesh, etc. I like to buy my meat at 50 silver or less so I can make a decent profit from the cooked product. A few patches ago Blizzard had implemented a PPU (Price per unit) tooltip, which can be access by mousing over the icon of the item. Addons like Auctioneer can sort by PPU to make things a bit easier. Beware that some uncooked meats will cost more than its cooked counterparts, these may include Spicy Crawdad and Golden Darters.  Spicy Crawdad can only be fished up from a handful of pools in Terokkar and requires a flying mount to get to. It is also is used to get the last few points in leveling to 375 cooking and becomes a popular tanking buff when cooked, which may explain the higher prices. Keep in mind items like [Huge Spotted Feltail] is not considered a fish, but an off-hand, so search for those by name.
  • Cook it– Very simple, but can be boring while waiting. I used an Addon called “Advanced Trade Skill Window” to make things easier. It will enable to queue up foods you are going to cook and automatically buy the needed reagents when you click on a vendor. Very nice since it will buy all the reagents at once from the vendor, saving valuable clicking time. When you process your queue, once a certain type of food is done cooking, you have to press the button again.
  • Sell it – Do a quick search of the item to see the current price. Popular raid food will sell for 20g+ sometimes all the way up to 40g in the recent economy. Tuesday is a good day to list and re-list your items because raid instances reset that day and most guilds have raiding planned that night. One week, I had decided to save up all my food and sell them all on Tuesday afternoon. I listed about 60+ stacks of various cooked food, and by night time, I had made about 1000g.

Cooking can be a profitable profession, especially if your in the world killing things that drop meat. Some may not like the whole micro management aspect of it, but I don’t mind and it’s a nice consistant market that has items that are always in demand. If anything, the profit I make from cooking offsets all those auction house cuts and fees. If you are a max level cook, you may want to give it a try or add it to your current list of markets you participate in.

Wotlk Beta: Cooking was buffed tremendously in the beta. This is great for cooks who profit off this profession. They have introduced a new semi-rare reagent called [Northern Spices], which a only a few are rewarded from the Wotlk cooking daily quest. In addition, you can also use your daily cooking token, [Dalaran Cooking Award] to purchase 10 of these spices. The tokens are also used to buy some of the higher level recipes so it becomes a balancing act on buying spices vs. recipes. All the high level food require one of these spices to cook one piece of food. So if you wanted to cook a stack of the new raid food, it would take you two days just to get 20 spices to make it. This implies that level 80 raid food prices will be closer to potions and elixirs. These spices are only used for recipes 400-450, however there are some decent buff foods before that. The mats are just standard one meat to one food, so you will still be able to afford that stack of your favorite raid food. For example; [Shoveltusk Steak] has +35 Spell and +30 Stamina, vs the version that uses spices, [Firecracker Salmon] which has +46 Spell and +40 Stamina. Also note that the duration has been increased from 30 minutes to 1 hour. I hope to write more about this when Wotlk ships, I really like where cooking is going now, as well as fishing. Here is a sample of what Wotlk cooking looks like, note the new “tracking” foods. [Wotlk Cooking Screenshot]





Wotlk Beta: The Motorcycle Costs How Much!

24 10 2008
This Blog Has Moved to: http://www.warcraftecon.net
10 Days to make 1 Motorcycle

10 Days to make 1 Motorcycle

We have all seen or heard about it, the infamous motorcycle mount! A few posts ago I wrote about some gold sinks in the beta, but I left out crafted items since it was still hard to gauge the price range of these items in the beta. The [Mechano-hog] / [Mekgineer’s Chopper] had spiked my interested, this item for sure in my mind was going to be an expensive gold sink. I had looked up the mats on wowhead and found that half the items were sold from a vendor in Storm Peaks. I had visited the place with my premade level 80 on the beta, however Roxi Ramrockethad nothing to sell to me. Recently I had learned that you need to learn the recipe to be able to buy the mats, the prices now are available, and they are quite scary. Below I am going to at temp to estimate the price of the horde version of the mount with this new data. Engineers will most likely be able to make some big money with this item, since it is BOE (Bind on Equip) and can be sold on the auction house.

[Schematic: Mechano-hog]– Req. Exhalted Horde Expedition, 450 Engineering, BOP (Bind on Pickup)

Materials Required:

Costs:

So your looking at about 27,000g+ on the top end and a minimum 12,500g just from the set vendor prices! Plus the mark up when engineers list them on the auction house. If the prices stay the same when Wotlk ships, that is still a minimum of 12,500g just for the vendor parts. Please keep in mind my estimates on the other materials are loosely based on average server prices of equivalent items; ie. Cobalt Bolts and Fel Iron Bolts. I tried to keep inflation in mind since everyone will be making more gold in Wotlk, therefore increased prices. This mount may even end up more expensive than the [Reins of the Traveler’s Tundra Mammoth] which sells for 16,000g at exhalted reputation. Finding a miner willing to blow their [Smelt Titansteel] cooldown for you may be hard when everyone is trying to level up their professions. These numbers are still estimates and the vendor prices may change when Wotlk launches. For now, we know this mount has a minimum price of 12,500g, that is if you farm and mine everything else. We now have a ball park figure we can use, which is a whole lot better than  what we had to work with before.

This may be another gold sink I am interested in. With its’ 10 day crafting period and expensive price, this will become a pretty exclusive mount at first. However, the Mammoth has vendors, reagents, and repair ability which I simply cannot pass up. Between the two I would have to get a Mammoth since it has more features.





Herbalism: 1 Week update from Inscription launch

21 10 2008

One week ago I wrote about stockpiling some herbs right before the Inscription launch in patch 3.0.2. I had saved up 1800 herbs or 90 stacks to sell as a Inscription power leveling kit. I had spent an estimated 1000g on buying out all the herbs, which I had some left over. The night right before the patch (Oct. 14th) I had bought the final remaining herbs I needed at some marked up prices on the auction house. I really should have did this weeks before since I was paying up to 3.5g a piece for herbs. Good thing I didn’t need much.

On patch day servers took forever to get back up, that’s probably why I saw a huge increase in traffic on the site. It was 9PM server by the time I logged on so I started spamming my power leveling kit. There were only a few offers and it was for 3000g (~33g/stack), which wasn’t anything to brag about, but I took it. I had realized just after selling those herbs how much money 350+ scribes were making, thousands within the first few days. The Inscription leveling guide I had linked to my buyer had you make 275+ glyphs by 350. So my buyer would have made all 3000g back if they sold each glyph for approximately 15g each, which is what the scribes on my server was charging for any glyph. Plus extra for the rare minor glyphs you can only learn by doing [Minor Inscription Research] once every 20 hours. Also with 6 minor glyphs per class and 9 classes, that’s about 50 days to learn all of them, pre Wotlk. I had even heard of other servers selling stacks of herbs for 100g+!

With the severe server lag, my buyer wanted me to C.O.D. him all 1800 herbs with 7.5 messages. I really should have waited a bit, but I got impatient and it was getting late. So a few days later I had recieved only 2200g and 2 returned messages which had a C.O.D. of 400g each. Those mailings were returned Outland herbs. My buyer had just picked what herbs they needed and returned the rest which defeats the point of my herb package! I really should have just randomized the herbs I put in each mailing, which holds 12 stacks. So my profit was around 1200g, but the buyer was still paying an average of 33g+ per stack, which included all the lowbie herbs I bought for only a few gold a stack.

This wasn’t a total loss, I still made some money and have herbs to sell at inflated prices on the AH. I didn’t stop my other sources of income, so in the end I still made a profit for the little work of buying out herbs on the auction house. In the past week I made about 5000g, not too bad since I went back to actually play the game rather than standing in front of the AH for hours. As a side note, the icon above is [Glyph of Pick Pocket], which I found to be appropriate for this post of me getting had by my buyer.

[Related Posts]

Herbalism: Inscription Launches Tomorrow 





Bank Alts: Gigantique Bag vs Wotlk Glacial Bag

18 10 2008

The question is should you wait until Wotlk for the new 22 slot [Glacial Bag] or buy the current 22 slot [“Gigantique” Bag]? At the moment on the beta, 22 slot universal bags are the biggest ones you can obtain, including raid drops. While the mats for a [Glacial Bag] looks expensive and has a total of 32 days (16 with specialization AND trading) worth of cloth cool downs, speculators seem to think the final cost of the bag will still be less than 1200g. The current materials that are needed for this bag are; 4 [Moonshroud], 4 [Ebonweave], 1 [Eternium Thread].

The materials broken down are:

The cloth will essentially be free plus the 3g for the thread. The eternals can be farmed or bought off the auction house. My prediction is this bag will have to be priced lower than the current 22 slot to remain competitive. At first when there is a huge demand for the specialized cloth, these bags will probably be around 1000g, over time as more and more players hit level cap, they will start to fall. So in the mean time, wait till Wotlk until you buy your new 22 slot bags.

[Related Posts]

Bank Alts: New Wotlk Bags





Herbalism: Inscription Launches Tomorrow

13 10 2008

I am writing this on Monday afternoon, the day before patch 3.0.2 comes out. Already the prices of herbs on my server have increased. Many herbs of the herbs are in short supply and even non existent on the auction house. I have been saving a bunch of random stacks of herbs to resell for a profit when Inscription drops on Tuesday. I decided to sell them as a entire lot along with a link to a guide. While trying to buyout the remaining herbs needed for my power leveling kit, I had trouble finding the mid level herbs. Low level and Outland herbs still have a fair price. I may try later tonight to see if I can finish up buying the stacks I need. Not sure how much my lot will go for, but I will base it on how much herbs go for tomorrow. If anyone has any suggestions on prices they might be charging, please let me know. According to the guide I am using, to hit max level Inscription that this patch will let you go up to, you will need 1800 herbs or 90 stacks to power level it.

The Smoke Shop of Wotlk

As far as trying to cash in on this herb rush, scan your auction house for cheap herbs and prepare to sell them tomorrow after the patch is implemented. Remember many people plan to power level this profession and are also saving their herbs to sell, prepare for some competition. Check specifically for all the mid level herbs. I have posted 2 Inscription power leveling guides below to help you with the herbs you will need for it, even better for you if you are actually planning to level this profession.