Time for me to Contribute again ^^ I dont post often but when i do
I like it to be properly.
!!Warning!!
No this is not Bannable.
This depends on your AH prices.. Luckily Im on a retard Server with insane prices ^^
[Requirements]
350 Enchanting
400 Blacksmithing
About 600g to start with.
[Alternative]
An alt with 375 Mining. (will help)
6000g+ :P (To own the market)
[Helpfull Addons]
Auctioneer
Some MailMod (CT_MailMod?)
[Pre 3.0.8]
So remember Reinforced Cobalt Breastplate?
Costed 4x Cobalt Bar to create and often disenchanted into Cosmic essence or high
number of infinite dust? A pure gold mine for us Blacksmithers/Enchanters.
Well Blizzard thought that we made to much gold from this and decided to try nerf it.
(Okay they did.. but still) They doubled the ammount of bars + added Crystalized Water.
Well i guess there out of the market :/ ..
[In 3.0.8]
bubu FU blizz
I found another thing that works just the same :P Horned Cobalt Helm
Horned Cobalt Helm - Thottbot: World of Warcraft < CLICKABLE LINK
Costs 8x Cobalt Bar and disenchants to same.
Yeah it costs more mats BUT the price off bars has gone down MASSIVELY.
So what I do is simply OWN the market of ALL Greater Cosmic Essence and Infinite Dust.
Anyway lets get onto the guide.
[ALTERNATIVE- Aquiring Bars Via Ores (AH but Cheaper)]
Why do i have this here? Well Ores are Usually cheaper then Bars so simply buy ores
and smelt :P
So if you managed to level an alt and have 375 mining, simply go and learn the
[Smelt: Cobalt Bar] recipe from the trainer in Howling Fjord and go to the inn and then log your main.
Buy ALL Cobalt Ores you can find for reasonable prices (at my AH its 1.4g each)
Send em to your alt, log alt and start Smelting (I usually get 300-800 ores per day).
You can go AFK meanwhile as this takes some time. When that is done ship over all to your Main.
And relogg
[Aquiring Cobalt Bars Via AH]
GoGo AH and buy ALL Cobalt Bars you can find for reasonable prices.
(at my AH they are 1.5-2.2g each) I usually buy for about 3000g per day before
the Auction House is emptied out (dont worry it will restack over night).
[Starting the Process - Crafting]
Aight I lurk Ironforge so with all your 100s of Bars head to the Great Anvil (any anvil).
And start Smithing Horned Cobalt Helm . This is the ONLY 75+ item I could find from
the trainer that was still reasonably Cheap. And I found it 100% by accident..
But its still a new type of goldmine ^^
Now smithing 30 or 300 doesnt matter it still takes time. So go afk, take a coffee or w.e
Check in reguarly and when your done start Disenchanting (/Yawn).
From a batch of 40 helms (260 bars) I get around 15 Greater Cosmic and 120 Dust.
And thats pretty awesome (math section further down).
[ALTERNATIVE - Owning AH]
If your alrdy rich and just want more cash to spend on unnesacary mounts or gear for alts.
Then you should take an intrest while doing this to OWN the Dust/Essence market.
THIS REALLY PAYS OFF!
For example you just did this and got 1000 Dust and 300 Essences..
But the price for the dust is only 3g each and essence only 20g each..
Well then you just simply BUY ALL Dust and Essences on the AH.
And resell them+yours for your own price (my is 5g dust, 36g essence)
(Buy low - sell high Common Sense and posted many times, but needed to be in this post)
[Ending the Process - Collecting the Money]
So i kinda login for 30min every 3 hours to buy new bars and create etc.
But i save all my DE Mats for later. I put them up at night on the AH.
So if you could afford it and did what it says above then simply put up your items for your
own prices. Its not hard. But if you got 400+ items and want to auction them 1 by 1
(like i do) Auctioneer REALLY helps with this, it will divide your stacks and auction them
for you with your own Price.
Anyway after you posted em all up you can just log and/or do something else.
Login in the morning and be prepared to have over 100 mails.. I NEVER have Everything
sold at the same time. But when i login im getting spammed 24/7 that a buyer has been found
etc.. All day round it just never ends.. I find it amusing some find it annoying.
So simply Rinse and Repeat.
[The Profit - Mathimatical conclusion]
NOTE: This is my server, but using same system you can just edit prices and see if there
still is an profit for you.
This example uses 100 Helmets.
Disenchant info:
Infinite Dust (75% 1-5)
Greater Cosmic Essence (20% 1.5)
Dream Shard (5% 1)
75 x 3.5 = 262.5 (75 helmets became dust)
20 x 1.5 = 30 (20 became Essence)
5 x 1 = 5 (5 became Shards)
262.5 x 5g = 1312.5 (5g = Price per Item)
30 x 36g = 1080 (36g = Price per Item)
5 x 10g = 50 (10g = Price per Item)
1312.5
1080.0
+ 50.0
2442.5
Cobalt Ore Cost:
1.40g x 800 = 1120g
1120 = 11.20
100
Profit:
2442.5 - 1120 = 1322.5
1322.5 = 13.225
100
1 Helmet Cost = 11.20
1 Helmet Sell for = 24.425
So the Profit buying Ores is 13.225g PER Helmet.
Cobalt Bar Cost:
2 x 800 = 1600g
1600 = 16
100
Profit:
2442.5 - 1600 = 842.5
842.5 = 8.425
100
1 Helmet Cost = 16
1 Helmet Sell for = 24.425
So the Profit buying Bars is 8.425g PER Helmet.
As you see YES Ores do give more profit BUT!! It takes 80% Longer to do..
Choose your own wayI do both rly.
[FAQ - Frequently Asked Questions]
Q. Owning the market is hard :S People keep undercutting my auctions!
A. Well Start by just buying the undercutted auctions and reposting them for your price.
Keep doing this for a few days (took me 2days b4 ppl on my server just CoD me theirs for 25g and i post em for 30 ^^)
[Final Note]
Probably some spelling errors, will fix if some1 finds a big one.
If you are on my server and faction I WILL personally kill your character and make him
forever in misery and he will not be in the mood to login :P ^^