One of the big business makers here lately has been Obsidium Oreâ€”and if youâ€™ve been missing out, itâ€™s not too late to get into the game. Depending on your server, itâ€™s pretty easy to buy at around 60-65g per stack for about 6000g total investment into around 15000g just by prospection alone.
Thereâ€™s an insane amount of gold to be made with Obsidium Ore, but a lot of merchants too lazy to do anything other than flip it rawâ€”leaving a potential gold mine for those players fortunate enough to know how to use this to their advantage.
Know Your Market!
Thereâ€™s a lot of ways to sell newly acquired Obsidium Ore, and each of these methods have a target audience, or market, that will be buying. Would you prefer raw selling the common gemsâ€”is it even worth it? Do you think using them to do rare transmutations and peddling those rares at the Auction House would be better? What about taking those gems and creating necklaces and ringsâ€”which will, once they are disenchanted, capitulate a nice return investment?
All of these are very valid options, and you will find that sometimes the market is more â€œreceptiveâ€ to one way of selling than another. Never forget the power of supply and demandâ€”do your research and you will double the profits of other merchants.
Selling for Profit
After youâ€™ve looked into the market a little, itâ€™s time to make a decision on how you plan to use your prospected ore. Although Iâ€™m sure I wonâ€™t hit everything here, Iâ€™m going to give you a few suggestions on how I spend my ore for better profits.
â€¢ Use Jaspers to create Jaspar Rings for DEing and then flip the rare rings for a nice little profit
â€¢ Turn all of your Carnelians into Carnelian Spikes and then DE for essences â€“ nice profit here, and they sell fast enough that you can post several auctions at a time.
â€¢ Sell Nightstones and Zephyrite rawâ€”the best time for this is definitely during the JC quest
â€¢ Turn Alicites into Jewelry, DE, and peddle the resulting materials in the AH
â€¢ Sell Hessonites either raw or use them in jewelry and then DEâ€”the former option usually being the most profitable
Disenchanting is tricky, and accidentally flooding the market can be disastrous.
I love disenchantingâ€”itâ€™s a great way to make gold as many players donâ€™t fully understand how to use this great skill. However, disenchanted materials are often slow movers, and you have to factor this in when buying up your source items.
Donâ€™t put all of your gold on DEing items because if you flood the auction house with these auctions, you will be stuck with unsold merchandise and undercuts that will drive the market price down.
Although I didnâ€™t list it, raw selling is always an option. I usually have enough leftover gems to keep at least 5 or 6 listed in the auction houseâ€”and they never go unsold. The players that buy these are normally leveling up their Jewelcrafting profession. Another great way to profit from raws is by saving up Zephyrite and Nightstones for players wanting to do the JC daily.
Just with these techniques, I can turn over about 23k daily if Iâ€™m not lazy about it. It takes a little investment in both time and materials, but itâ€™s a great way to make some extra gold when it runs tight. After all, easy gold is the best gold!