Sep 232008

I got the idea for this from a gold blog, MakeWoWgold – Myth #5 – Low levels can’t make gold – and thought I’d add my 2 cents worth. Especially since I make 95+% of my gold with low levels.

Low levels characters can make a lot of gold and some will even argue that they should make pretty much ALL of your gold. The tips below are covered in vastly greater detail in the Massive Gold Blueprint, but what I’m putting down here will get you started.

What they’re not doing, of course, is grinding motes on the Elemental Plateau or hunting up adamantine ore or Fel Lotus in the Outlands. Heck, even newbs can do this stuff and make gold.

The method is to buy low and sell higher and this can be done with your level 1s. You’ll need some seed money which you can get from your high level or by grinding ore for a bit. Then you look for the deals.

Find vendors selling limited items. These are the items that are only available in small quantities from any given vendor, generally 1 to 3 at a time. Once bought they’re gone until the vendor gets new stock (a few minutes to a few hours.)

All of the big cities have these vendors and many of the small towns do, as well. The two item vendors at the DarkMoon Faire have quite a variety of limited items, which is why you’ll see people camping them.

Many, not all, of these items will sell for more, sometimes a lot more, on the Auction house than what you pay for them. For example, you can buy Fel Lotus (every once in awhile) from the Faire for 4 gold a piece, then sell it for 15-30 gold, depending on all the usual factors.

Clothing items also sell. The White Wedding Dress, in Stormwind, sells to you for about 1 gold and sells on the AH for 8-12.

When you find items make a note of their prices and check the Auction House prices. Make it a habit to do that and you will start finding items that are very much worth your while to buy and resell. The items prices will vary wildly from server to server, so you should really make youir own list. The Auctioneer addon is a big help here, but even if you don’t have it or want it you can still do this stuff.

Certain basic items needed by crafters also sell nicely. Some crafters look to powerlevel their skill and just buy everything off the AH. They’re not interested in deals or best prices, they just gather it all up and gain 200 points to their skill in a couple of hours. So on some servers you can buy the Copper Rod, needed by Enchanters, for pennies and resell it for several gold.

Park a level 1 alt in each of the majors cities, send them some gold to get started (when you have enough) and then you won’t have to spend time flying all over the place. With these alts in place you can log into Alt #1, buy stuff, and then send it to your banker. Repeat with Alt #2 and Alt #3.

Every now and then you will see a killer deal on the Auction House. Buy it and resell it. This is one of the methods used by some to make lots of gold.They just by a lot of stuff at a time and resell it.

One of the nice things about this is that you don’t have to use your high levels for grinding/farming. Use the low levels to get the gold, use your higher levels for the fun stuff.

Now go make a stash.

WoW Gold Tips – Buy it Out

 Get the Gold  Comments Off on WoW Gold Tips – Buy it Out
Sep 202008

I’m going to start a series of gold making tips. I keep seeing chat comments along the lines of “I’m broke…” or “gold making is (hard)…” etc.

Did you know that Bliz is bringing in a new multi-person mount for something like 15,000 gold? I guess there are a few who don’t find it hard to get that much cash.

Some people buy their gold, of course, which is kinda mostly safe. While buying gold is 100% against the Blizzard terms of service, well, there seems to be a big market for it. I guess that not toooo many people are being banned for buying.

While I’m not the hard charging gold making machine, I’ve made enough to buy my epic flyer a few times over, on a couple of servers, so buying gold just isn’t interesting to me.

I’ll offer tips here in no particular order. Some will be for the low levels, some for the high levels, some will require cash and some won’t. Hit the Get the Gold category for all the tips as time goes on.

For all of these tips I’m assuming that you are using an alternate character (alt) as your main Auction House banker. The Auctioneer Addon is invaluable and you’ll make a lot more gold with it than without it.

Buy it Out:

I’m going to use Copper ore as an example here, but this applies to any number of items for sale on the Auction House (AH.) This one will require a bit of cash.

You’ve mined a couple of stacks of copper ore for sale. You send it off to your banker and log that character in to post your ore. Checking prices you see that some fool has posted several stacks of ore at 75 silvers a stack.

Don’t get mad. Buy them out. Buy out all the copper ore that’s under a target price. For example, of your target sell price is 3gold a stack then buy out everything that’s under 2 gold a stack. Skip the lots that have just a bid with no buyout price, unless the time remaining is short (30 min.)

Resell those stacks at 3 gold each (or a bit more.) I wouldn’t recommend putting putting up tons of ore at one time, but several stacks is ok.

Copper sells to people wanting to work up their mining, blacksmithing, and other skills and many people will buy lots of the stuff at any one time. Put yours up at a reasonable price and it will go fast enough. All those stacks you bought at 2 gold or less will sell at a profit.

If you see someone in the trade chat selling copper (or anything) at a price that you can buyout and then resell at a profit, then buy it.

As you learn the market prices of other items you will see similar opportunities here and there. Farmers dump a load on the market at a too low price, you buy it up and resell it at market price.

Don’t overprice it or you’ll be left with a lot of inventory which just doesn’t sell.

Now, if the market price on your server is, for example, 5 gold a stack, then adjust your prices accordingly.

Good luck.

By the way, if you don’t feel comfortable buying and reselling (and some people don’t) then just hold your ore/items until someone else buys out the low priced stuff, then post yours at the higher price.

If you want to add tips of your own, other comments, or want something explained further, then just hit the comment box (gently, it’s fragile.)