Friday, August 28, 2009

Gold Making Update and Strategies

I have not had to time I would like to put into my glyph industry, but I am still making a bunch of gold. Despite not having a lot of production time recently, I have still done very well with just cancelling and reposting the glyphs that I have.

The Glyph industry has been going up in price which has also helped out a lot. I have been selling Glyph's of Obliterate for 55 gold each. I also reset my fallback price on QuickAuctions2 to 30 gold instead of 23 gold. It seems that the main way to scare off glyph competition is the constant undercutting. You also have to be luck and repost at a time when you are not going to get immediately undercut.

I am now up to 142k gold on my bank toon. I am really hoping that the market stays as is for a while so that I can hit that gold cap. Once I hit the cap, I will probably send 50k to my main and keep on working back towards the cap again. Perhaps for Christmas this year I will buy my in-game friends an epic mount if they dont have it yet.

A quick note on QuickAuctions2. I use it to batch post my glyphs. It is not the best addon to post other items as you have to make individual profiles for each item. I still prefer to use Auctioneer for those. The big problem with running both at once is that Auctioneer really slows down batch posting of glyphs. If you are using both, make sure to turn Auctioneer off before batch posting your glyphs or else it will be doing tons of scan and slowing everything down.

This is by far the easiest way to make money. I dont even bother trying to sell anything else as I get the best bang for my buck selling glyphs.

7 comments:

River said...

It's sick how much money you can make with glyphs. Make me cry a little.

Ironshield said...

Are you farming the mats or just buying the herbs on the AH?

Darraxus said...

I but them all off of the AH. In fact I just bought 122 stacks of herbs for 1700 gold from one dude (obviously a chinese farmer).

Anonymous said...

It doesn't make gold on all server's. I do major and minor inscription research every day and I've learned all 57 new glyphs from the books of glyph mastery and still there are only a handfull of glyphs that sell for over 10g. I'm making more gold selling Snowfall Ink than from selling glyphs.

Darraxus said...

You can still make tons of money. You just need to sell more glyphs that you would need to on my server. I made 3k last night on the glyphs and ink I sold.

Occeleta said...

That's what it really takes. A huge commitment. This guy here spends at least 30-60 minutes just buying up mats and making more glyphs and listing them all. He puts up hundreds and hundreds at a time. It's so bad that when I try and get him to run Heroics, I have to wait for him to finish up his AH duties. BUY ME A CHOPPA DUDE!

Anonymous said...

Yeah I do the same thing, and post 500 glyphs at a time, and use Quick Auctions to undercut regularly and I still only bring in 250g in a day from glyphs if I'm lucky. On the other hand i can post 5 stacks of snowfall inks at 320g a stack and they all sell by the next day so it's not all bad i guess.