Price tag on Legendary.

sliyerking

Apparently there are rare legendary drops at v10, as far as I've seen. But I haven't seen any lower.

My logic vs other ESO players:
My logic: Level 50, Legendary, 2hGS 134 dmg, Precise 7% crit. values.
Temper Alloys (8 x 4k = 24k) 32k
Grain Solvent (4 x 1k = 4k) 36k
Dwarven Oil (3 x 0.4k = 1.2k) 37.2k
Honing Stones (2 x 0.2k= .2k) 37.6k
100-200g for about all ingots = 37.8k
Trait stone, Precise 200g + 29.8k = 38k
We should agree Legendary items should be worth 40k.

Other ESO players:
Level 50 and below aren't worth getting, so in that "irrational" logic 4-5k.
Can out-grow the item.
Not even a set. (My defense It was a little early, and I didn't see a point in getting a set if I could only get 2 sets with my armor)
Legendary drops? (I've been asked that a lot if it was a drop, or crafted)

Lv 50 vs. V1

http://elderscrollsonline.wiki.fextralife.com/Greatswords#.U1qWWPldVCg

Level 50 purple(Epic)/ gold(Legendary) is stronger than V1. That being known, Level 50 is a point of updating your gear.

I'd like to hear your opinions please.

sliyerking

This thread also promotes my argument on Auction Houses pricing being set at an absurd price. Using the AH formats of sustaining MMO, such as Runescape would fortify this argument on pricing lowering to chump cash (1 gold).
http://forums.elderscrollsonline.com/discussion/74993/why-guild-stores-and-not-an-actual-auction-market-for-everyone/p1

Abeille

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

sliyerking

Abeille wrote: »

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

A waste of resources hmm. I've reached V1 and it takes a long time to level up. Unless you're dedicated and grind, or run through quests like water. Still it's going to take longer than a few hours to hit V2. I've made myself over 30 Temper Alloys within my crafting time. Resources are not a big problem for weapons. Armor wise you're going to have to look into a trade-guild or players. #PromotesAnAuctionHouse
I that doesn't resort to a rational argument on why it should be so low.

Cheatingdeath23

I'm not sure what the original question is, and I am far from legendary gear (but do have 2 grain solvent and 2 temper alloys from my hireling!).

Just wanted to post that 4x8 = 32 (not 24), further increasing the value.

doggie

I'm also not sure what the topic really is but I think if a V10 Legendary dropped from a mob and was BOE it would be sold for more than 4-5k. Although a dropped legendary would have worse stats than a crafted, but still.

Malediktus

Its not worth spending so much gold on an item you replace after a day or two

sliyerking

Cheatingdeath23 wrote: »

I'm not sure what the original question is, and I am far from legendary gear (but do have 2 grain solvent and 2 temper alloys from my hireling!).

Just wanted to post that 4x8 = 32 (not 24), further increasing the value.

Thank you, still promotes this thread.

sliyerking

Malediktus wrote: »

Its not worth spending so much gold on an item you replace after a day or two

So your opinion is in the irrational logic behind it's not worth it, because you can out grow it. I understand we're your coming from, but that doesn't justify the means of a hard worker's pay. You're still going to have to pay about 50k for a legendary item at V10 weather you want to or not. Unless you think that those drops are any better.

aeroch

Abeille wrote: »

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

It depends on the player. Realistically it's a waste of temper to do it pre-VR10 but I'm considering it anyway for a few set pieces I don't see myself replacing for a while, even though it would probably be better to have them in 2-3 weeks when I hit the cap. But before then I'll have my fun in Cyrodiil or dungeons with the marginal bonus it would provide

To answer the OP, I can't imagine anyone paying 46k for a "low" level item like that at this point in the game for a marginal upgrade that's replaced by a quest or dropped blue in 2-3 days.

sliyerking

aeroch wrote: »

Abeille wrote: »

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

It depends on the player. Realistically it's a waste of temper to do it pre-VR10 but I'm considering it anyway for a few set pieces I don't see myself replacing for a while, even though it would probably be better to have them in 2-3 weeks when I hit the cap. But before then I'll have my fun in Cyrodiil or dungeons with the marginal bonus it would provide

To answer the OP, I can't imagine anyone paying 46k for a "low" level item like that at this point in the game for a marginal upgrade that's replaced by a quest or dropped blue in 2-3 days.

I was actually wondering about how it was set up. Fact is the Economy sets it up. That's just prices for mats. Imagine if people new the real value of each material benefiting in experience, but how easy it is to obtain the materials didn't justify the the values of mats. Rather the values were shut down by the easy picking. Thus the prices are all the same for every level.

Elgarr

Well I find trying to sell VR10 set legendary set items that needed 8 temp alloys to make with an average cost of 4-5k not including the other mats, when trying to sell for 40k for a chest piece, you get the clueless folk trying to claim its way to much, or that I duped my temp alloys so cost me nothing lol (if I was a duper I wouldn't be trying to sell gear, If i had millions of gold)

People will be In for a shock with the costs of top end gear when they VR10 and if they think they can just get gear from graglorn, not every day joe blogs will be successfully running it and getting good gear.

I prefer for people to provide mats and then craft the gear for a fee, that way I don't eat Into my own stash I use for my gear.

Just be warned about the nubs who always say yes and ask for COD, I will never COD anything until they remove the cost for items returned (fortunately never been caught out and won't by that lame troll)
I have to add it in my adverts now that I don't COD, just to stop the trolls from wasting my time by asking for COD.

sliyerking

Elgarr wrote: »

you get the clueless folk trying to claim its way to much.

Right, they have absolutely no clue which stresses the economy. Definitely getting your own mats is a good idea if you want other to craft for you(reduced cost). However, having the crafter have their mats in stock, and selling a price to you for a fee is where this thread is going. Pricing the item equal to the value that the economy set for it. But, the community doesn't want to pay what's right. No... irrational argument wins the ration argument, by the majority of the community.

Cheatingdeath23

I have yet to break down an epic or legendary item, but I've noticed that when I break down (deconstruct) a blue item, I get a single dwarven oil. Only one, and no honing stones.

That means if you break down an epic item, you will get a single purple temper (not the many it takes) and no dwarven oil/honing stones.

I get that it is trying to make it difficult, but I'd love for even half back. I am level 22 and never temper my armor past green now, I'm saving it all up for later.

Malediktus

sliyerking wrote: »

Malediktus wrote: »

Its not worth spending so much gold on an item you replace after a day or two

So your opinion is in the irrational logic behind it's not worth it, because you can out grow it. I understand we're your coming from, but that doesn't justify the means of a hard worker's pay. You're still going to have to pay about 50k for a legendary item at V10 weather you want to or not. Unless you think that those drops are any better.

You will stay a long time (at least some weeks/months) at VR10 (soon 12), I dont mind spending some gold at those long stops. But the value of a lvl 50 legendary and a VR10 legendary is almost the same crafting cost wise. So it would be a waste to spend a weeks worth of gold savings for it.

Viverim

Personally I don't plan on crafting gold gear until I max out. The % for success is too low, and I will use too many materials for any level less. Now, having said that, when I get into the VR levels I do think I may craft an entire set of blues, maybe a purple, as they will last for a while.

I don't know for sure, as I haven't progressed fully, however in Smithing when you upgrade the Metallurgy skill, you get odds for more and better mats when you deconstruct. I am hoping that this will increase my available materials on hand. Otherwise my potential for crating/upgrading other peoples' gear will be very, very low.

sliyerking

Viverim wrote: »

Personally I don't plan on crafting gold gear until I max out. The % for success is too low, and I will use too many materials for any level less. Now, having said that, when I get into the VR levels I do think I may craft an entire set of blues, maybe a purple, as they will last for a while.

I don't know for sure, as I haven't progressed fully, however in Smithing when you upgrade the Metallurgy skill, you get odds for more and better mats when you deconstruct. I am hoping that this will increase my available materials on hand. Otherwise my potential for crating/upgrading other peoples' gear will be very, very low.

I understand where you're coming from, and I recommend updating your gear at Lv 50. But as far as legendary items go the prices should be rationalized and justified, not irrationality priced.

Cheatingdeath23

Viverim wrote: »

Personally I don't plan on crafting gold gear until I max out. The % for success is too low, and I will use too many materials for any level less. Now, having said that, when I get into the VR levels I do think I may craft an entire set of blues, maybe a purple, as they will last for a while.

I don't know for sure, as I haven't progressed fully, however in Smithing when you upgrade the Metallurgy skill, you get odds for more and better mats when you deconstruct. I am hoping that this will increase my available materials on hand. Otherwise my potential for crating/upgrading other peoples' gear will be very, very low.

I have points in the extraction thing, and it did affect how often I got the honing stones or dwarven oil. However, you only get 1 per item, so deconstruction a load of blues gets you enough dwarven oil to do one piece of armor. Kind of sad.


That said, I've been merciless and unattached to my armor and currently have about 40 honing stones and 30 dwarven oil (at level 23, blacksmithing level 17). I can make myself a set of blue armor now, but I'll be saving it.

sliyerking

We should agree Legendary items should be worth 40k.

SirAndy

Abeille wrote: »

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

I made a legendary axe at level 16. Why? Because i could!

One man's "waste" is another man's fun ...
;-)

SunfireKnight86

Don't bother selling the final product. Sell your services as a crafter and make them provide the mats or provide you with the cost. People are dumb, and don't realize it costs us 120k to make a set. They won't pay it.

Add to that the fact that things have a fairly high degree of customization compared to other MMOs and you're really setting yourself up for failure crafting anything ahead of time.

Abeille

SirAndy wrote: »

Abeille wrote: »

My opinion is that upgrading anything lower than VR10 to legendary is a waste of resources.

I made a legendary axe at level 16. Why? Because i could!

One man's "waste" is another man's fun ...
;-)

Good for you. If you are using it, awesome. If you plan on selling it for 40k, well... Good luck, you are going to need it.
The price of something is exactly how much people are willing to pay, and that does not often matches how much you spent on it. If you make something that is not very desirable, it is harder to sell it for any profit, and low level gear is less desirable than cap level gear because it is not as permanent.

My advice for any crafter is to offer your services. Don't just make legendary gear without having a costumer ready to pick it up, unless you plan on using it yourself, or you might be disappointed on the price that people are willing to pay.

SirAndy

Abeille wrote: »

Good for you. If you are using it, awesome. If you plan on selling it for 40k, well... Good luck, you are going to need it.

Making that axe was never about selling. After i outleveled it, i gave it away ...

As far as selling legendary stuff for 40k gold, good luck with that, you are going to need it. VR 10 will be obsolete in a few days when Craglorn is released.
Then you have to grind to VR12 to be able to make top of the line items. Once you get there, ZOS will be releasing the next adventure zone, most likely bumping levels to VR14. Then your race to the top starts all over again. Until you need to go to VR16.

I'd rather enjoy stuff along the way, have fun with it for a while and move on.
But, that's just me ...

Abeille

SirAndy wrote: »

Abeille wrote: »

Good for you. If you are using it, awesome. If you plan on selling it for 40k, well... Good luck, you are going to need it.

Making that axe was never about selling. After i outleveled it, i gave it away ...

As far as selling legendary stuff for 40k gold, good luck with that, you are going to need it. VR 10 will be obsolete in a few days when Craglorn is released.
Then you have to grind to VR12 to be able to make top of the line items. Once you get there, ZOS will be releasing the next adventure zone, most likely bumping levels to VR14. Then your race to the top starts all over again. Until you need to go to VR16.

I'd rather enjoy stuff along the way, have fun with it for a while and move on.
But, that's just me ...

I don't think we are on the same page here, but I'll try to explain what I think again.

This thread is about the market. The OP says that a low level legendary should sell for 40k because it is how much it costs to make one, and I am saying that the price of something is exactly how much people are willing to pay for it. Therefore, trying to sell upgraded low level gear is not going to work out very well.

Now, it doesn't matter if the cap is going to increase. IF someone is going to pay that much for a piece of gear (and I am not saying they will), they will pay for the gear of the current cap because of the feeling that it is more permanent than the low level stuff, since the next cap is still not available at the moment that they buy said gear.

As I said, if you plan on using the low level gear, then that's great, but I'm pretty sure this is a discussion about market prices and not about how much fun one can have upgrading their own gear.

If you plan on making any profit with crafting, do commissions.

SirAndy

Abeille wrote: »

but I'm pretty sure this is a discussion about market prices and not about how much fun one can have upgrading their own gear.

But i was talking about prices. Since they are completely and utterly made up, i wouldn't be willing to pay anything even close to 40k gold for a legendary item.

And it did *not* cost me 40k to make that axe. I got all my tempers from drops, hirelings and refining mats. Not one of them cost me a single gold, it was all for free.

All the prices mentioned here are completely fabricated. I remember during the PTS someone was asking 50,000 gold for a single yellow temper. Asking price is *not* the same as selling price. I would never pay 4k for a single yellow temper which is one of the numbers used in the original post.
;-)

Abeille

SirAndy wrote: »

Abeille wrote: »

but I'm pretty sure this is a discussion about market prices and not about how much fun one can have upgrading their own gear.

But i was talking about prices. Since they are completely and utterly made up, i wouldn't be willing to pay anything even close to 40k gold for a legendary item.

And it did *not* cost me 40k to make that axe. I got all my tempers from drops, hirelings and refining mats. Not one of them cost me a single gold, it was all for free.

All the prices mentioned here are completely fabricated. I remember during the PTS someone was asking 50,000 gold for a single yellow temper. Asking price is *not* the same as selling price. I would never pay 4k for a single yellow temper which is one of the numbers used in the original post.
;-)

Good, then we agree. You could add more to the discussion if you informed the OP of the selling prices, though. I can't really do that since I rarely participate on the economy of the game (only when I really need to).

But, just one thing, every single mat that you spend counts towards the final value of the product, even if you got it for free, since you could have sold that mat instead of spending it. Making a legendary does cost you, even if not 40k like the OP claimed.

Cheatingdeath23

Opportunity cost!

And yeah, while I would not spend 4K on legendary temper, I don't know if I would sell one for less. That kind of sets the price in its own way

Mephiston87

In general if you can make the said items legendary i would be extremely suprised if you dont have the materials already to make a full set at V10.

Crescent

Legendary tempers are going as low as 2.5k. I don't know who in their right mind would pay more than 3k for one; they're getting gouged.

And prices are only going down from this point on.

Daverios

I think they should have been worth 80k or more but dupes and hirling farming and mail duping have killed the price on stackables like daedric hearts and legendary tempers. This stuff should be worth like 10k per but never will be anyway now.

I already have enough for endgame so to me any many others Legendary items wont hold a whole lot of value.

40k only seems fair with current mat prices. Wait another 30 Days of hireling farming and it will be 20k.

Malediktus

SirAndy wrote: »

Abeille wrote: »

but I'm pretty sure this is a discussion about market prices and not about how much fun one can have upgrading their own gear.

But i was talking about prices. Since they are completely and utterly made up, i wouldn't be willing to pay anything even close to 40k gold for a legendary item.

And it did *not* cost me 40k to make that axe. I got all my tempers from drops, hirelings and refining mats. Not one of them cost me a single gold, it was all for free.

All the prices mentioned here are completely fabricated. I remember during the PTS someone was asking 50,000 gold for a single yellow temper. Asking price is *not* the same as selling price. I would never pay 4k for a single yellow temper which is one of the numbers used in the original post.
;-)

Never heared of opportunity costs? It was not free since you spent time + effort on getting the tempers. Plus you would have made 32k of selling the legendary tempers alone.