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Selling rare and magic items at a fraction of their value.

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SKRÜGEN

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May 6, 1999, 3:00:00 AM5/6/99
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Something that really got to me today, I was auctioning an item and 2
players felt the need to /auction that the item 'wasn't worth that
much.' 'Shopkeepers will only give you 1p for that!' one said.

'Yes,' I countered, 'But shopkeepers charge 35p for them.'

Magic items seem to sell for far less than their actual value. All
the time I see people ridiculing others about their prices and it
usually works, soon after you can find the same player has indeed
reduced his asking price. It's rediculous. It is extremely rude to
comment on someone else's price on a public channel. It makes you
look like an asshole. I always ask more for an item than I am willing
to let it go for. I love it when people try to haggle! That's part
of the excitement in this game.

Case in point: Chipped Bone Rods. Shopkeepers will offer you a few
siver for them I think. Ever tried to buy one? Over 5000 platinum.
By some players reckoning, the value of an item is what a shopkeeper
will pay for it, but the Chipped Bone Rod clearly demonstrates that
this is not the case. So what is an acceptable asking price for such
a thing?

The players who thought I was overcharging for a Studded Leather
Collar (MAGIC ITEM, AC 3, +1 STR, +1 STA) at 5 platinum insisted that
the item was worth no more than 2p, and both offered to purchase one
at that price, which I of course declined. This was on Rodcet Nife,
where no players to my knowledge have hit level 20 yet. The item is
found near Qeynos on a creature of approximately 13th level, and I had
carried it to Freeport where I assumed the market would be. Yeah, I
could sell it to a shopkeeper for 1p and change, and the shopkeeper
would slap a 35p price tag on it. Noone would buy it from the shop,
not ever. Obviously that IS the retail value of the item.

My Jaggedpine Crook, a magic staff with bonuses to several stats will
get me 6s at a shop. Yes, six silver pieces. Yes, rations cost more
than that. That's from a merchant who 'regards me warmly!' That does
not place the value of my prized and rare magic lore item at 1 gold
piece.

Anyhow, these players rudely scaring away my business were about level
6 and could not acquire the item without purchasing it, and probably
did not have 5p to spend. This is the point. At level 6, magic items
found on 12-14th level monsters should be unattainable. I am certain
that this is by design. The 'generally accepted' selling prices for
items should be increased by 300 to 500% in most cases. If you are
not experienced enough to defeat a monster that drops a rare item you
want, you probably have no business posessing the item.

The economy of Norrath can be improved. Let's keep rare items rare,
higher prices means more money for everyone. The economy seems
centered around lowbies wanting a lot of fancy equipment early off,
and getting arrogant and rude when they can't have them. It may be
too late on your server, but Rodcet Nife still has the opportunity to
change.

Oh, and if the two of you whom I mentioned are reading this, I don't
mind telling you that several players did jump at my offer in other
zones and were happy to pay the price I asked.
-------------------------------
Mary had a pair of skates
With which she loved to frisk.
Now wasn't she a foolish girl
Her little *

SKRÜGEN

R. Hayes

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May 6, 1999, 3:00:00 AM5/6/99
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Merchants are not part of the supply and demand curve in EQ. This is why
their buy and sell prices are ridiculous.

Let the lowbies complain, and keep your items. They will never get them for
the price they want. You eventually will eventually find your market (like
you said).


SKRÜGEN <go...@beer.com> wrote in message
news:3731eb68....@news2.ipns.com...

Jim

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May 6, 1999, 3:00:00 AM5/6/99
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I am also on rodcet nife.

Lets get this staight... I see someone selling a ring with +1 dexterity for
4 p ( worth 5 g on other servers). I cant point out to the newbies that
they should spend the money on armour or a better weapon or spell? Or a
mino axe for 15 p. or a bind for 10 p, I can't point out that it is crazy
to buy at that price? Once I point it out the customer can make their own
decision better informed. By the way the 10 p bind was by Feylin. He was
the first power gamer to come to gfaydark with bind. His name immediatly
went into my notebook with a big circle around it. I will never buy
anything from him, even if he starts selling for 1 copper.

As for the specifics of your post. The bone rods I know nothing at all
about so wouldn't say anything. The collar sounds a bit high, but again
just wouldn't buy. The staff sounds like it should be worth a lot. So I
don't think you would have any trouble with me. Basicaly if something is
really rare, and hard to get the by all means charge whaterver you like.
But if something is easy to get, and you try to rip off newbies, I will
challenge you in AUC. As for "rudely scaring away your business" If you
are charging a fair price these tactics wont scare anyone away. Only if you
are ripping off customers will it effect you. For example my first time to
buy patch work armour I saved and paid 3 P for the full set. people were
complaining that it was to much. But I had the money and even though I had
seen it for 2p earlier. I paid it and was happy with it. Really this might
help your argument a bit though. Since patchwork is a great deal even at
the 3p. I would pay for it long before paying the same for a +1 Dex ring.


Jim


Morgan

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May 6, 1999, 3:00:00 AM5/6/99
to
"SKRÜGEN" wrote:
> Case in point: Chipped Bone Rods. Shopkeepers will offer you a few
> siver for them I think. Ever tried to buy one? Over 5000 platinum.
> By some players reckoning, the value of an item is what a shopkeeper
> will pay for it, but the Chipped Bone Rod clearly demonstrates that
> this is not the case. So what is an acceptable asking price for such
> a thing?

Actually, the price of Chipped Bone Rods has been corrected.
Now they sell for about 5.5pp. I saw someone auctioning one
for 10pp in Greater Faydark, so I checked the merchant. Then
I warned everyone about the scammer.

SKRÜGEN

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May 7, 1999, 3:00:00 AM5/7/99
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On Thu, 6 May 1999 16:44:30 -0600, "R. Hayes" <rmc...@cadvision.com>
wrote:

>Merchants are not part of the supply and demand curve in EQ. This is why
>their buy and sell prices are ridiculous.

Then where do you get YOUR combine weapons?



>
>Let the lowbies complain, and keep your items. They will never get them for
>the price they want. You eventually will eventually find your market (like
>you said).
>
>
>SKRÜGEN <go...@beer.com> wrote in message
>news:3731eb68....@news2.ipns.com...
>>
>> Something that really got to me today, I was auctioning an item and 2
>> players felt the need to /auction that the item 'wasn't worth that
>> much.' 'Shopkeepers will only give you 1p for that!' one said.
>>
>> 'Yes,' I countered, 'But shopkeepers charge 35p for them.'
>>
>> Magic items seem to sell for far less than their actual value. All
>> the time I see people ridiculing others about their prices and it
>> usually works, soon after you can find the same player has indeed
>> reduced his asking price. It's rediculous. It is extremely rude to
>> comment on someone else's price on a public channel. It makes you
>> look like an asshole. I always ask more for an item than I am willing
>> to let it go for. I love it when people try to haggle! That's part
>> of the excitement in this game.
>>

>> Case in point: Chipped Bone Rods. Shopkeepers will offer you a few
>> siver for them I think. Ever tried to buy one? Over 5000 platinum.
>> By some players reckoning, the value of an item is what a shopkeeper
>> will pay for it, but the Chipped Bone Rod clearly demonstrates that
>> this is not the case. So what is an acceptable asking price for such
>> a thing?
>>

SKRÜGEN

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May 7, 1999, 3:00:00 AM5/7/99
to
On Thu, 6 May 1999 20:24:59 -0400, "Jim" <jjo...@prodigy.net> wrote:

>I am also on rodcet nife.
>
>Lets get this staight... I see someone selling a ring with +1 dexterity for
>4 p ( worth 5 g on other servers).

Worth 5g on other servers for the reasons already stated. Rodcet Nife
has been up a week. Remember what Cutthroat rings sold for the first
week of final? (I assume that's what you are talking about, and they
are +2 DEX incidentally) Hey! 4p! Most of the players on Nife right
now cannot get them. I was the 2nd highest non-anonymous person in
the zone at 12th level.

>I cant point out to the newbies that
>they should spend the money on armour or a better weapon or spell? Or a
>mino axe for 15 p. or a bind for 10 p, I can't point out that it is crazy
>to buy at that price? Once I point it out the customer can make their own
>decision better informed. By the way the 10 p bind was by Feylin. He was
>the first power gamer to come to gfaydark with bind. His name immediatly
>went into my notebook with a big circle around it. I will never buy
>anything from him, even if he starts selling for 1 copper.

A Wizard charging for a bind is pure BS. If I have to yank a wizard
out of crushbone to come to Felwithe to bind me, I would feel
obligated to offer him something. Charging cash for mana is
rediculous. Why not just add up every spell you cast and charge your
party?

"Ok guys, I spent 120 mana in that battle...that's 6p you owe me!"

I intent to put people who charge for binding out of business. Even
when I hear people /shouting 'Will bind for 1p' I don't /shout back.
I send them a tell and try to dissuade them, usually suggesting that
they adpot the ideals of several wonderful dwarven clerics I have
known: Donations gladly accepted. I won't pay 1p if a mage demands
it, but I might donate 2 or 3p if they bind me graciously.

>
>As for the specifics of your post. The bone rods I know nothing at all
>about so wouldn't say anything. The collar sounds a bit high, but again
>just wouldn't buy. The staff sounds like it should be worth a lot. So I
>don't think you would have any trouble with me. Basicaly if something is
>really rare, and hard to get the by all means charge whaterver you like.
>But if something is easy to get, and you try to rip off newbies, I will
>challenge you in AUC.

I was not 'ripping off newbies.' If you have 5p to spend on a collar
that only adds 1 point to 2 stats, you're not a newbie are you? Think
before you post.

>As for "rudely scaring away your business" If you
>are charging a fair price these tactics wont scare anyone away. Only if you
>are ripping off customers will it effect you. For example my first time to
>buy patch work armour I saved and paid 3 P for the full set. people were
>complaining that it was to much. But I had the money and even though I had
>seen it for 2p earlier. I paid it and was happy with it. Really this might
>help your argument a bit though. Since patchwork is a great deal even at
>the 3p. I would pay for it long before paying the same for a +1 Dex ring.

In Halas I bought a full set of patchwork for 1p 5g about 4 hours into
the first day of final. In Greater Faydark I'm sure people didn't
have full patchwork for a few days, and then it was probably in the
3p+ range. Location and availability factor in. A lot of people
don't want to make the dangerous trip to Qeynos at low level,
especially when as you mentioned people with bind think they can get
away with charging obscene amounts of money for it.


>
>Jim

Matt Frisch

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May 7, 1999, 3:00:00 AM5/7/99
to
On Thu, 6 May 1999 20:24:59 -0400, "Jim" <jjo...@prodigy.net> scribed into
the ether:

>I am also on rodcet nife.
>
>Lets get this staight... I see someone selling a ring with +1 dexterity for

>4 p ( worth 5 g on other servers). I cant point out to the newbies that


>they should spend the money on armour or a better weapon or spell? Or a
>mino axe for 15 p. or a bind for 10 p, I can't point out that it is crazy
>to buy at that price?

You can't apply the market value for items on rodcet nife against the other
servers. It is SO much newer, that all of those people haven't had time to
go mino smashing to make the mino axe a common item yet. Plus, the bard
quest gold bug didn't exist to screw up the trade skills with bottomless
piles of gold with which to practice.

Different server, different prices.

KndrPckle

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May 7, 1999, 3:00:00 AM5/7/99
to
Well I am one of those that /auction about the price not being fair. When I see
people selling greater lightstones for 7plat or cutthroat insignia rings for
2plat or chipped bone rods for unbeleivable prices I'll call them on it and
make them look like an asshole because IMHO they are being assholes. On
Innoruuk the prices for GLstones are 4-5 plat and the rings are 3-5 gold so
when I see someone about to cheat a newbie I'll yell it as loud as I can. I
dont' care what the shopkeeper sells them for, most of the things the
shopkeepers sell are at insane prices.

Delian-just got back from a RL vacation!!! that was the longest week of my life

Shrike

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May 7, 1999, 3:00:00 AM5/7/99
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"SKRÜGEN" wrote:

>
> On Thu, 6 May 1999 20:24:59 -0400, "Jim" <jjo...@prodigy.net> wrote:
>
> >I am also on rodcet nife.
> >
> >Lets get this staight... I see someone selling a ring with +1 dexterity for
> >4 p ( worth 5 g on other servers).
>
> Worth 5g on other servers for the reasons already stated. Rodcet Nife
> has been up a week. Remember what Cutthroat rings sold for the first
> week of final? (I assume that's what you are talking about, and they
> are +2 DEX incidentally) Hey! 4p! Most of the players on Nife right
> now cannot get them. I was the 2nd highest non-anonymous person in
> the zone at 12th level.

I was offered 2 for 3 gold in Fennin Ro. When the deal came to pass
the guy was probably just embarrased to take 3 gold and just gave them
to me for free...

It's funny, that's the reason I started a newbie character (well, lvl
6 by now) in Fennin Ro... Everything is sooo cheap.

--

Shrike -IRIX worshipper, Linux dabbler, Windows victim-

Finnegan the Mage in Mith Marr, Parsifal the Bard in Fennin Ro.


Silverlock

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May 7, 1999, 3:00:00 AM5/7/99
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And Innouruk has been up much longer then Rodcet nife as well. On
Innourukk those prices suck on RN they are the norm for the period of
time the server has been up.


Daniel Thomas

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May 10, 1999, 3:00:00 AM5/10/99
to
Then there are people who have to shout out that your prices are too high
just to mess with your sales. To make a piece of patchwork costs the tailor
6.5 silver plus the pelt IF he succeeds on the first try. But you will find
someone yelling out about your prices being too high when you ask 2 gold for
a piece of PW. They have no interest in buying, they do not make patchwork
themselves, they just like to cause trouble.

Ryan <Barbarian Shaman on Xegony>


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