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 Gem Talk v1, Gem market, trading and price!

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NeoXeroX
post Aug 15 2013, 10:50 AM

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sometimes I really have no idea if crafting will allow us to earn for the living..

Example :
Gem : 729 x Ruby market price now is 2k+- = 1,458,000
TOS : 1631 x market price now is 900+- = 1,467,900
Crafting Cost : 15.4m from FS to RS
Total Cost = 18,325,900

I see the AH is selling the RS at most 21m or 22m (Ruby), let says the ready RS
sold at 22m after tax 15% = 18,700,000 - the cost 18,325,900 = 374,100 profit.
sold at 21m after tax 15% = 17,850,000 - the cost 18,325,900 = -475,900 lose.

hmm.gif hmm.gif hmm.gif hmm.gif hmm.gif hmm.gif

Self craft is the cheapest way for own use because we pay only 18.3m instead of buying at 22m from AH.

This post has been edited by NeoXeroX: Aug 15 2013, 10:58 AM
NeoXeroX
post Aug 15 2013, 11:11 AM

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QUOTE(metalfreak @ Aug 15 2013, 11:03 AM)
That is why buying crafting material now is expensive. Previously it wasn't so high. May be people are going on the gem crafting bandwagon.

I think Cow posted RS Emerald was selling at 26million. I went home after work and checked, it was indeed 26mill ++. I tested by just selling one at 27mill and it sold after 1 day(overnight la tongue.gif)

I'm still keeping the rest for future self usage(monkey gem LOL )
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yup RS Emerald is selling at sky price too, but the price for FS Emerald is high as well, it's roaming between 6-8k per piece! let says averagely 7k x 729 = 5.1m itself for the FS, compare to Ruby 2k x 729 = 1.45m , it's about 3.6m additional cost for RS emerald... doh.gif doh.gif

man the gem in AH is like our real life Gold, buy low > sell high = profit




NeoXeroX
post Aug 15 2013, 11:17 AM

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QUOTE(cowithgun @ Aug 15 2013, 11:14 AM)
nowadays, hard to get 1 mil profit per gem. a couple weeks back, when gold stack increased to 50mil, i can made up 6 mil per gem. biggrin.gif
yup. the trick is similar to stock market. buy low, sell high. if u track back to all my post in this thread, you will see that i reached 1 billion gold before, just by crafting gem. never buy any gold before.  brows.gif
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Yes Mr.Cow, I read your great achievement and I'm trying my very best to be your successor, well the situation now doesn't allow anymore. wink.gif

I wish the mobs drop me emerald gem every time if there is. rclxms.gif
NeoXeroX
post Aug 15 2013, 11:28 AM

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QUOTE(cowithgun @ Aug 15 2013, 11:22 AM)
may be now is not the time, but like market fluctuation, the differences in RS and FS gem and the demands will create opportunity to make gold from time to time.

i'll try post here whenever such opportunity came about.  icon_rolleyes.gif
*
Thanks Cow and be sure I visit this page daily brows.gif brows.gif
NeoXeroX
post Aug 26 2013, 07:37 AM

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QUOTE(GameFr3ak @ Aug 25 2013, 06:33 PM)
Er guys, I don't quite get the price of the gem. I did a search of 10 flawless square emeralds, price per unit shown was 6600 so 10 of those is 66000. I bought out 10 and I was refunded 48320, and I saw that I paid only 17670 for 10?

How come it's way cheaper than I intended to pay?
*
Price per unit is the maximum price that the FS Emerald can be, like this case it is 6.6k max you need to pay.

Have a look at the Last 10 Trade price : 3xxx or 4xxx or 5xxx it can be anything but most of the times it's lower than price per unit.

This means from the last 10 trade of emerald, the average price per unit say is 3500, meaning 3500 x 10 FS emerald = 35000.

Maximum Price 66k - 35k = the balance is what you get as refunded.

in the 10 trades, some will put the price at 100 per unit and some will put 8k per unit, so round up you have 3500 per unit averagely, do take note that this is how traders "goreng" the gems' price. So if you are lucky, you will get 100 emerald for 200k, whereby others paid 660k for 100 FS emerald. thats how they made the profit, but it takes time to wait for the big fish in the sea, you might earn and you might lose sometimes. good luck icon_rolleyes.gif


NeoXeroX
post Sep 2 2013, 11:30 AM

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the FS ruby price insanely increased to 5-6k range over the weekends... emerald highest archived 11k..... doh.gif doh.gif

amethyst and topaz remains the normal range... hmm.gif hmm.gif
NeoXeroX
post Sep 2 2013, 12:16 PM

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imagine 11k per FS emerald, if we craft from FS to RS emerald, we need 2187 FS emerald x 11k = 24Mil, that's not even included ToS and crafting fees 14.5mil, roughly 40mils to get a RS emerald whereby in the AH we can get the ready RS emerald for like 29-30mils. wink.gif wink.gif

something wrong somewhere.... ppls are busy crafting dex ammy now? unsure.gif unsure.gif
NeoXeroX
post Sep 2 2013, 02:41 PM

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QUOTE(chitchat @ Sep 2 2013, 01:50 PM)
u only need 729 FS to craft to 1 RS.
*
Oops overkill-ed, the amount was for Marquis sweat.gif sweat.gif

729 x 11k = 8m + 14.5m crafting + ToS 1.5m = 26m+- , still not that bad for self crafting... thumbup.gif

 

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