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Author
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Topic: LOTRO "auctioneer project" DIY (Read 3032 times)
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Mr_PeaCH
Terracotta Army
Posts: 382
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I'm trying to come up with a sure-fire plan for maximizing profits when putting resources up for bid at the Auction House while minimizing time spent trying to figure out whether said resource is worth the time spent figuring (if you follow me).
I'm also not ever opposed to giving valuable resources to Kinship members or selling on the cheap; especially if a little quid pro quo might be involved. To that end i have seen that it is possible to post items on the Auction House which are only accessible within the Kinship... is this something we should be taking advantage of or is it easier to state your claim in a thread like this... "I can make weapons or armor for Lvl xx and I can always use more of resource yy".
For now at least I'm not planning on any finished item crafting but I am gathering much of the raw resources as an Explorer and finding this quite profitable. Hides, Wood and Ores and turning out their refined items Boiled Leather, Treated Wood and various Ingots of course.
Those things are the ones I have spent the most time making sense of but I'm still not very clear on many of the dropped things. Various purple 'crit' items, gems, scholar things, etc. In the 'one dwarf's trash is another elf's treasure' sense I expect that I have sold many a valuable item to the vendor while stubbornly trying to get someone to bid on my crap in the AH.
One thing I'm looking in to is a sort of spreadsheet that I can open up on a second monitor when I have the AH up on the main and quickly transpose items of a type by buyout price per unit or stack to derive the average value at a point in time and then continue to update it and see what prices do over time. This will probably be limited to the resources that I am accumulating as an Exlorer (Forester, Prospector). If I go ahead with this I'll post the findings here from time to time for the benefit of all.
The other thing that has been bugging me since I haven't been very organized about this yet is that it can be impossible to find a given item on the AH if a) there are never any postings because it is not highly valued or b) it is so highly valued that it is snapped up on AH whenever it does get posted or c) I'm not looking in the right places! (I miss the real Auctioneer at times like these.) If people could opine about what sorts of things are highly valued but not well known by newbies such as myself that would good to know.
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« Last Edit: February 10, 2009, 07:50:54 AM by Mr_PeaCH »
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***************
COME ON YOU SPURS!
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Cheddar
I like pink
Posts: 4987
Noob Sauce
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Best bet on making money is to farm tier 1-3 ore until you get into your 40's, then choose a profession which can crank out consumables.  Reason is most people will pick up crafting without realizing how dificult it gets at higher levels; they will blow a bundle levelling to tier 2-3 stuff, then quit crafting.
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No Nerf, but I put a link to this very thread and I said that you all can guarantee for my purity. I even mentioned your case, and see if they can take a look at your lawn from a Michigan perspective.
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Soln
Terracotta Army
Posts: 4737
the opportunity for evil is just delicious
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what Cheddar said. You can make very good coin selling stacks of Tier 2-5 gear (people still need to grind Artisan after unlocking Master).
I am pretty ambivalent about the economy. The itemization from quests is so good that people very rarely buy gear, and if they do, it's always for an alt starting out. Secondly, recipes and crafting components are such commodities that an ultra-rare recipe goes for nothing, precisely because it's not rare. It seems to be things like cosmetic clothes or fishing poles that sell. I have no idea about the value of epic goods and legendary components. And this may not be bad, since there's nothing really to spend money on after you get a horse and pay your rent (other than skills). But anyone who track what is selling well would be very popular :)
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