*Hello! I am making a guide regarding raking in a LOT Of gold before cataclysm. After reading about 10-20 Pages of patch note's you'll see value's of basic item's DROPPING like crazy so you want to get them sold, FAST! When patch 4.0.1 hits Live servers, This does not contain all the gold making tips but this guide is specifically for
JEWELCRAFTERS
In Patch 4.0.1 a lot of changes will occur as well as 4.0.3 The actual release of cataclysm.
First of all, Transmutes for item's will skyrocket in time, we are talking almost DAY Duration's.
Cardinal Ruby (Before Patch 4.0.1)
Cardinal Ruby (After Patch 4.0.1)
The Transmute will now be a 1 Second Cooldown instead of 20 HOUR Cooldown, making the value of Bold Cardinal Rubies, dropping tremendously.
"Oh but it's okay, Ametrine's, Majestic Zircons are fine."
WRONG
The value of ALL Gem's will drop because of the cooldown change, you want to sell them now AND fast under cutting them by a small bit to get maximum profit while this still lasts.
Ametrine (After Patch 4.0.1)
Ametrine (Before Patch 4.0.1)
Currently on my Realm, they are selling for about 100-150g a pop a gem, you can see these gem's falling about 50-100g depending on your Realm's Economy, the higher the population the higher the drop.
You won't really see them higher than 100 gold ever again after patch 4.0.1, take what you can before Cataclysm because there will be HUGE GOLDSINKS and you'll need that extra gold income to save your self.
You would also want to consider buying out all cheap gem's and selling them higher, this strategy is commonly used for experienced AH User's. This is only RECOMMENDED BEFORE the patch, at least a couple days before.
As many users may know, Wrath of the Lich king badges such as Triumph & Frost badges will be converted into the new point system introduced in Cataclysm. Any badges below that will be CONVERTED into GOLD!!
- Emblem of Heroism = 5.5 gold each
- Emblem of Valor = 5.5 gold each
- Emblem of Conquest = 5.5 gold each
- Badge of Justice = 1.833 gold each
This is where it requires the own KNOWLEDGE Of your realm and the economy to make this decision on how this will work in the future in Cataclysm, either you can convert your triumphs into Heroism/Valor/Conquest Badge's to purchase NEW ITEM'S and NEW GEM's or you can choose to convert all badges in to Gems and sell them pre-cataclysm patch 4.0.1!
There is a LOT OF discussion saying gem prices are going to inflate, but it is not true, Small changes like this in alchemy will definitely reduce the price... Why? well look at this logically a cheap, 20g gem being transmuted in to a SO CALLED 200g gem when 4.0.1 hits? NO! The price's will go down and fast, also a lot of gems are going to be changed to another type of stat because it has been removed and you will not have to purchase it because you already have it.
Also, remember 1 thing - when 4.0.1 comes out - people will need a lot of hit rating gems (AFAIK - all Hit-Rating talents are removed for all classes). Even before cata people will need hit rating just for the raids they've been going to for over 6 months now.
Those are the one type's of gem's you want to save up cause every thing else will be dropping, you will have virtually no HR without gemming unless from gear/stats.
I will keep this guide updated as Cataclysm Content on beta keep's rolling in.
Realm First! Illustrious Jewelcrafter This achievement as well as EVERY SINGLE PROFESSION will have this achievement available, including secondary one's. Archaeology, First Aid, Cooking, Fishing.