Gold in Inventory and Auction House
Inspired by a real-id chat with blog reader Graeme, I wanted to take a snapshot of exactly where I am with gold-making.
I’ll use the opportunity to compare my liquid gold-in-hand currency to the value of my auctions that I have posted.
I took the snapshot 20 February 23:00 approx
I discovered I had far more auctions up on AH than I thought.
I’m pleased by that, because it means my gold is working for me, creating more wealth, rather than stagnating in my pockets.
Jewelcrafter and Transmogrification items
170,455g in AH
Incoming from sold auctions 178g
Junk, Slow Sellers, Limited Supply Recipes
143,376g in AH
188,914g in AH
Incoming from sold auctions 244g
Herbalist & Transmute Alchemist
23,343g in AH
119g Incoming from sold auctions
Enchanting & Tailor
67,652g in AH
Incoming from sold auctionsÂ 605g
Speciality Pet Seller
Working from my own Pet Selling Guide ($9.99)
Value of items in AH 54,206g
Totals Currency 997,998g
Incoming Gold within next hour 244g + 119g + 605g + 178g = 1,146g
Value of items in WoW Auction House 188914g + 23343g + 67652g + 54206g + 143376g + 170455g = 477,491g
Total worth 1,476,635 gold
Not including: Items in bags, guild bank/s or personal banks.
There are markets I’m missing out on, especially blacksmithing, engineering, and cross faction.
I don’t do all the markets at one time, it’s important to pace yourself to avoid burn out.
How much Gold are you Worth? How to increase how much gold you’re worth
Why I Don’t Have 1 million Gold The Bitter Disappointment of Gold Cap
The Gold Queen is written by Alyzande. With many level 100s, 9 years expertise in making gold, 10 garrisons, 16k achievements, 1505 days played, and over 18m gold earned. The Gold Queen blog teaches you how to make gold playing World of Warcraft using ethical trading, auction house flipping, crafting, reselling snatch lists, and farming gold making.
On a side note did anyone take advantage of the Valentines Day season, I noticed that to get love tokens you had to kill npc’s and one of the places was Icecrown, with a high rate of drops for Frostweave Cloth, which in turn flooded the AH with stacks selling between 1g to 20g per stack, (I filled up 3 guild bank tabs) and now that the prices have gone back to the normal I am now selling them for 50-60g per stack..
I did to some extent, but my playtime did take a dip in February. I made my frostweave cloth into bags and robes for mogging, by the way 🙂
Graeme here, it’s good to see actual results, I worry that sometimes one just sees “talk” on forums and blogs!
The Gold Queen shows what is possible, the detail per profession is very helpful.
But I guess the main thing is being able to play the AH to the level one is happy and comfortable with, one can pitch ones activities versus game play to hit ones personal goals – be it gold cap, or simply having a disposable income to get that piece of armour, mount or whatever, when one wants it – without breaking the bank!
So fun and success to you all.
So right. I have plenty of time to play. Writing gold guides and blog posts and articles and giving email advice is my part-time job, after all.
What are you saving for at the moment, Graeme?
You highlight something that I find interesting. The amount of items you have posted versus incoming gold. My typical aim is to be in markets that will typically over night result in 10-20% of my listed items being sold. My aim is I dont want to spend a lot of time posting but prefer to play. AH is a sideline for me despite the amount of gold that I make. I aim for 15-30 mins of posting time a day automating as much as I can. You still have to watch price trends etc My typical day will be 60-100k of listed items with 8-12k of net profit in on an average day. Main focus is jc/glyphs. I have every profession and vary the other items I sell. I am multiple gold capped which is really irrelevant. Long time consistent AH player should have lots of gold.
How much do you bring in on an average day? You have a high amount posted so I am just curious?
I aim for 20k a day. If I make less I get cross with myself and re-evaluate everything. If I make more, I bounce around on twitter and annoy everyone with excited squeals.
Any more than 20k usually means that one of my high value items has sold, like a new BoE epic or the other day I had a rush on Black Tabby Cat Carrier. These are lovely, but not really part of my day-to-day 20k churn.
I hit 200k and suddenly realized I had more money than I could spend (ultra casual these days). Kind of took some of the air out of the whole auctioneering thing for me.
Yeah, you absolutely have to have a goal. When you’re just “making gold for the hell of it” its just not as much fun.
When I spent a small fortune on mounts and desecrated my gold level, I was suddenly struck by the worry that I might have to take a screenshot and it might show that I only have 400k, so the effort I put into getting back up to a million was phenomenal.