My glyph market

I did a quick investigation of the glyph market on my server as I'm leveling my inscriber. I must say that I'm not too happy about the results. There is one player that have near 46% of the whole glyph market. I'm asking your input into this - is it even possible?

Competitor	Number of glyphs	Purchase value	% of total purchase value
Gimli	204	2439g 88s 04c	4,55%
Dean	247	3901g 09s 00c	7,28%
Druge	272	4870g 15s 70c	9,08%
Hibo	1424	24522g 81s 24c	45,74%
Other	1373	17883g 57s 55c	33,35%
Total	3520	53617g 51s 53c	100,00%

* I've given my competitors fictional names.

What I'm now wondering is if I really should bother leveling my inscriber with this daunting competition. How does your realm look like?

Finding ways to empty leftovers...

As I wrote yesterday I was low on pure gold and also that I had loads and loads of small stacks and leftovers. These actually come from previous endeavors and leveling alts that I've sent stuff from. Without any real strategy of what to do with it I've just stored it in the vault. It's a mess and it needs to be cleared out.

I started out by trying to find a way to dump all of this using QA by creating a "!Junk!" item group. The reason for QA in this case is that it's so easy and fast to relist with. Didn't really find a way to maximize stack sizes in the setup as I added all the junk items that obviously can stack in any number of different ways. As an example, how do you combine Dark Iron Scraps (250) with Enchanted Leather (20) in one single QA item group? I didn't find a way so I had to rethink...

As I use Auctioneer I thought of using batch posting instead, it's slower but gets the job done. I didn't really get the undercut thing to work as I wanted. I've set markdown to -20% but it didn't undercut by my specified 1c regardless of what I did. I'm sure it's doable but so far I've not found a way.

Another problem I'm having is Azure Moonstone that's currently listed at Min/ea 3g04s17c and Buy/ea 3g33s33c. When I mouse over I get that the market price isn't available. But... it's right there, is it not? As a result of this, Auctioneer proposes 26s32c/bid/bo. I couldn't add this to the batch list in the end as I've not yet figured out how to set it up...

Since I'm now using QA and Auctioneer to post items I can no longer trust the 'check for undercut' functionality of Auctionator. The reason being that QA will always undercut or not post at all while Auctioneer will post at the lowest allowed from settings. I've used Auctionator to make choices whether to cancel the auctions or not, depending on how many items the undercutter undercut me with. Be it 1 item and I've listed 5 I may not cancel as that 1 item will sell fairly soon and then I've the lowest price again.

The spring cleaning has taken several hours but now I start to see some patterns to what I stock. I've also realized where the profit is not; Netherweave Bags. There are just not enough margin. I buy as stack (=1 bag) off the auction house for 9-10g. Add the rune thread to that production cost. I can put these up for around 11g due to competitors. A lot of time spent, relatively, with a 50s-1g50s profit. Well, it does not really make me happy. I will but my bag business on hold for now and see how the market plays out.

The thorium prices shot through the roof last night and the same guy who sold ores at 95s each now list them at 1g75s each. I wonder if that guy read our posts too? Anyway, I built a stock of gems that are selling fairly well with normal competition. I've configured snatch for the ores, maybe I get lucky?

A lot of ranting in this post as well but as always I'd like to give you an insight into the auctioneers life.. :-)

Low on gold...

I've been blinded by all the tips I've read about and wanting to try out that I've run very low on gold. What I mean is that it's a bit too low for my comfort levels as I feel I can't really make a quick push into a market and flip the prices for a quick profit. I will have to slow down a bit and stick to my routine which currently is to buy netherweave cloth to make bags and also create nukables of the leftovers (thanks for that tip Bullcopra). The other routine I picked up a few days ago also seems to work, about the thorium prospecting. This seems to work well for Bobreaze as well (check out his prospecting test).
Anyway, it's weekend at last and I plan to empty my vault of junk to clear space and regain some gold for future ideas. It'll be fun...

Thorium prospecting test ...

I read the post by Bobreazes (Thorium Ore prospecting) and made some rough calculations. Current lowest prices on my server are Large Opal 9g 75s 00c, Azerothian Diamond 17g 55s 00c, Blue Sapphire 1g 20s 00c, Huge Emerald 12g 00s 00c, Star Ruby 9g 75s 00c. I was lucky to find Thorium Ores for 95s each so I bought 20 stacks. I also bought 12x for 83s 33c each. All in all I now begin my prospecting with 412x Thorium Ore.

Prospecting results: Large Opal (27), Azerothian Diamond (25), Blue Sapphire (28), Huge Emerald (27), Star Ruby (11).

Investment: 389g 99s 96c
Prospected value: 1166g 85s 00c

Now off to the auction house :-)

Netherweave Cloth and how to store it...

I've been siphoning the auction house for Netherweave Cloth for about two weeks now in order to try to get my Netherweave Bag competitors starved of materials. By siphoning I mean that I've bought all cloth that is listed below 50s each. This have landed me with 6038x cloth and a good stock of bags (??x). So far I've seen small tendencies that a few competitors are no longer selling bags. I had more than five sellers a couple of weeks back and now it's only one or two who tries to compete, but they don't really push their prices down to my levels anymore.
Now I'm in the process of converting these cloth to bolts but there will be a large number of slots that will be filled and I'm unsure where I can store it. I will store the bolts as they will occupy the least number of slots.
The problem with this strategy is that I don't sell bags fast enough and my stock is just piling up. Any suggestions? I thought of creating something to be nuked but with the past two days' dubious results I really don't want to go that way.

It took a long while but now I've 1208x Bolt of Netherweave. That's 61 slots. I will invest in a new vault slot for storing these. Roughly speaking I now have the possibility to create 302x Netherweave Bags which should be enough for a little more than one week I think.

So far I've invested 5760g 62s 50c in Netherweave Cloth. I've sold Netherweave Bags for a total of 6537g 64s 37c. For the profit I've built the above stock of bolts so that I can create more bags when needed. I have 78x ready for sale bags. My current stock value would be valued to about 4750g. So my totals would be around -- investment 5760g, profit about 11250g. Not bad...

That's enough ranting for tonight...

Silk Cloth, what to make out of it...

Tonight I will do the same with Silk Cloth as I did with Linen Cloth last night as it happens I tried to flip Silk Cloth as well. I bought 2553x for a total of 630g 35s 88c. That's 24s 69c each. Market price is at 19s 91c right now so I guess I won't make a profit this time either. But let's not jump to conclusions but rather make a proper investigation...

I start by converting Silk Cloth (4) to Bolt of Silk Cloth. It's 2 seconds craft time each so it will take at least 10 minutes to convert these.

I bought some cheap Silk Cloth last week and had some left over Bolts of Silk Cloth too which made me end up with a total of 761x Bolts of Silk Cloth.

Decided to create Silk Headbands (Bolt of Silk Cloth(3) + Fine Thread(2)) mainly due to that it seems to be the cheapest on materials and still yields 75% Soul Dust(3.5), 20% Lesser Mystic Essence(1.5), 5% Small Glowing Shard(1) that I hope could bring some gold from the auction house.

I will be able to craft 253x Silk Headbands and 253x Fine Thread(2) at 80c each will cost me 4g 04s 80c. Each craft takes 8 seconds.

After a lot of crafting (during tonight's ToC10 raid actually) I ended up with 614x Soul Dust, 88x Lesser Mystic Essence and 11x Small Glowing Shard. The current market value for these materials is 614x41s47c + 88x40s07c + 11x6s91c = 290g 64s 75c.

Conclusions are that this is also a non-profit refinement just as with the Linen Cloth. At least both me and you know this now :-)

Linen Cloth, what to make out of it...

This would be my absolutely first post ever in the blog-sphere but I will try to make it worthwhile for you.

Goblineering is my take on the World of Warcraft Auction House gold making. I won't bore you with the "hi, this is me" stuff as I hate those myself. Let's just get down to business, shall we?

I got a brilliant idea of buying up and flipping lower level cloth. At least I thought it to be a brilliant idea at the time. I sold only a few linen and ended up with tons.

I bought 2865x Linen Cloth for a total of 477g 33s 01c. That's 16s 66c each. Market price being 4s 77c, I realized I didn't flip well.

I had to rethink so I sent it all to my tailor / enchanter for refinement.

I came up with this refinement line:

Linen Cloth (2) --> Bolt of Linen Cloth (2 seconds)

Bolt of Linen Cloth (2) + Coarse Thread (1) --> Brown Linen Pants (2 seconds)

Disenchant Brown Linen Pants (3 seconds)

(Total time consumed is calculated to about 71 minutes.)

So, each Brown Linen Pants cost me 66s 72c and the current market value for those is 65s 13c. Can't very well resell those at a profit.

These enchanting materials was gained from disenchanting all of the Brown Linen Pants:


837x Strange Dust

238x Lesser Magic Essence (79x Greater Magic Essence) +1



The current market value of Greater Magic Essence is way higher than that for the Lesser Magic Essence so I convert them all to Greater:s.


The current market value then:


837x Strange Dust (295g 62s 84c)

79x Greater Magic Essence (95g 82s 70c)

1x Lesser Magic Essence (32s 87c)


Total: 391g 78s 41c

Not a profit! I lost 85g 54s 60c and 71 minutes.

So, to sum this up I have just shown you a real life example of how we auction players can end up. We try things that may or may not work out. We try to calculate as much as possible in advance. I didn't this time and it landed me 85g on the minus side.

I hope you guys don't repeat this :-)