Making Gold in ESO - Easy Guide to Getting Rich !

Phantax

OK, so I've seen so many posts recently with people complaining about having no gold or that 'something' is too expensive. Well I'm here to tell you that those days are gone, prepare to get rich (no hacks, cheats or bots needed)

I'll go through a few easy steps, ones that I do myself on a regular basis when I play. This is not 12-14 hours a day, 7 days a week, grind after grind. I probably play 4-5 hours a day and I do other things too, PvE story, PvP, dungeons here and there.
Anyway... here goes...

Step One - Professions and Free stuff
Make sure you level your chosen crafting ability. If you intend on wearing plate, then make sure you level plate. Same with cloth and leather (or all three if you are going to diversify) This will enable you to make new gear when you need it and joins on nicely to 'Step two'
The other thing is get hirelings, ALL OF THEM ! Yes you may think this is a waste of skill points, but it isn't, not if your into making gold ! They will send you lots of 'Free Stuff'. some of this will be useful for your chosen profession some will not. Keep what you need and SELL everything else !


Step Two - Throw away gear

While levelling 1-50 DO NOT buy or repair gear, its a money sink and will burn through your gold. Most new players seem to think they need to be in the best gear all the time... NONSENSE !
Run your gear down till it is broken (or close) and as I said above DO NOT repair. Get to a crafting station, take off all your clothes and make new gear. That way you do not pay any repair bills.

At this point you also have two choices. Firstly you can deconstruct everything in your profession line and level your crafting fast as possible.
(I recommend doing this as its just as easy to level early on and the gear you will deconstruct now costs less, meaning the gear that what you sell later is worth more therefor more profit)
Or you can just deconstruct enough to get the materials needed for new gear and sell everything ! (crafting levelling takes longer but you will have a bit more gold sooner)


Step Three - Farm, Farm, Farm

By this I mean nodes. Nodes are your friends, they are a constant supply of free gold. OK there isn't actually a gold node but its close. Free mats to sell all you have to do is collect them. So do just that, you see any wood, ore, fibres, herbs (anything) farm it and SELL IT ! (unless you need that type)
The good thing about materials is they can be stacked in 100s, meaning its easy to collect a lot of them !
It's up to you if you want to spend a skill point on the 'Keen eye' perk. Personally I do, but its not essential, especially once you get to the point where you recognise all the materials easily.


Step Four - Increase Bag Space & Step Five - Buy a Horse

Make your bags bigger ! More bag space means you can carry more, means you can sell more = more gold !
I'd suggest buying your first couple of upgrades as soon as you can. They are reasonable cheap and you can start mass collecting sooner.

Which leads nicely too 'Step Five'

Now I know this sounds like a money sink and 'at first' it is (unless you have the Imperial Edition) but listen on.
Bag space in this game costs a premium, I mean these prices are highway robbery.
Once you get to the 90+ bag slots you are looking at over 10,000g, and it keeps getting higher after that !
When you buy a horse you have the ability to upgrade that horses carrying ability. This makes your bags bigger. Every time you upgrade your horse (oats upgrade) you increase your bag size by 1 extra space. It costs 250g to upgrade a horse and you can do that every 20 hours.
Think about it... at that rate/cost you will gain 10 extra bag slots for 2500g. MUCH better than 10k, 15k, 20k per 10 slots from a vendor !


Step Six - Sell items fast on Chat

DON'T BE GREEDY ! If you get a blue item (or even a green from a set) Try to sell it in chat. Just remember to sell it sensibly. Yes you can try to be clever and ask 1000g for that item, but chances are you won't get it. Sell that same item for 150g-200g and you're much more likely to sell it.
Why so cheap? well its not really. When you come to sell your stuff at a vendor you will most likely get 20g-50g for that item which is ok. But if you sell that same item for 150g-200g that's 4X the profit !
(which is better, asking 1000g and getting no sale or selling cheap and making 4X what you'd get from a vendor)


Step Seven - Open Everything

This one isn't for everybody, personally I'm a containerholic and run at every container I see...lol
Seriously though, containers can be a good source of income. A lot of the time you will get worthless stuff, but then almost as much you will get materials, recipes ( I upgraded the 20,500g bank slot just by collecting/selling green recipes)
The other thing about containers is 'Motifs'. Yes the drop rate for container items has been raised and this means motifs are easier to find. (bad luck gold selling scumbags) However you will still easily get 500-1000g for a normal motif and 15k-35k (yes that's THOUSAND) for a rare motif. Finding any of these can and will seriously bump up the contents of your wallet !


Step Eight - Quest like a Hero

Questing may not be for everybody, but at levels 1-50 its a good earner. Quests normally give good pay-outs and if you do all the above while you are questing you will soon see your gold total rapidly rise !
PvP questing - Cyrodiil also has good quests, repeatable too. So those that are into PvP this is also a good little earner !


Epilogue -

That's basically what I've done since game launch, it works and its game legal. My main has 110 bank slots, 143 bag slots and over 200k in gold.
(Consider too, I've spent over 100k on rare motifs). seriously guys if I can do it anybody can.

Well I hope that helps. Follow the steps (maybe even find one I haven't mentioned) and you will get rich !

jdoe

Yeah, I've upgraded all my bags/bank space (up to the 30K increase), bought a horse, upgraded two horses almost to max, bought two rare motifs, and have about 100K to spare in the bank at V5 by following your basic guidelines. And actually, I don't sell to other players very much at all.

Svann

Many towns in cyrodiil have easypeasy repeatable quests for 300g each. And thats not per day its as quick as you can do them. If you dont mind grinding.

Phantax

adamrussell52_ESO wrote: »

Many towns in cyrodiil have easypeasy repeatable quests for 300g each. And thats not per day its as quick as you can do them. If you dont mind grinding.

I'd heard this but didn't put it on my list as I've not done it so wasn't 100% sure. But yeah, definitely another good tip !

Elirienne

Nice guide. I would only add that what I found in this game that it's practically impossible NOT to get rich, just by playing, gold flows in. Quests = gold, selling stuff = gold, and at the end of the day, you dont ever need to buy gear and as OP said, dont ever need to repair. I hardly ever spend gold - there is nothing to spend it on apart from horse and inventory space!

This might chnge when I get to v10 and start upgrading gear, but then again, I already have more than 10 yellow upgrade mats for most profs, just simply by decon and hirelings, so chances are i can have a full legendary set without having to buy stuff. I really do not get how people can be out of gold in this game unless they repair.

Thulsola

Phantax wrote: »

Step Two - Throw away gear

While levelling 1-50 DO NOT buy or repair gear, its a money sink and will burn through your gold. Most new players seem to think they need to be in the best gear all the time... NONSENSE !
Run your gear down till it is broken (or close) and as I said above DO NOT repair. Get to a crafting station, take off all your clothes and make new gear. That way you do not pay any repair bills.

I take a slightly different approach - I build a new armour/weapon set and take it to blue when I get to each new crafting level (so 16, 26, 36, etc.) Ya, I have to repair it when I die, but I make sure I have sturdy on at least two items, so it doesn't actually degrade that fast. I'm also a range based NB, so I don't often get hit.

But in principle I agree with you - if it wasn't for the tannins, I would probably happily re-craft my armour instead of repairing.

Step Four - Increase Bag Space & Step Five - Buy a Horse

Make your bags bigger ! More bag space means you can carry more, means you can sell more = more gold !
I'd suggest buying your first couple of upgrades as soon as you can. They are reasonable cheap and you can start mass collecting sooner.

It isn't just about the size of your bags, but how you manage them too. Keep all partial stacks of commonly farmed items in your bag. Only move full stacks and refined stacks to the bank. If you move 20 blessed thorn to your bank, then you are taking 2 spots for the next blessed thorn you pick up - one in your bank and one in your bag.

Also, find at least ten people in game you can trust and get a guild bank to store the common crafting materials - trait gems, enhancement gems, common provisioning items. It frees up a lot of your bag space for the other things you need.

The only other thing I'll say is that it is worth while spending some of the money you make. I am in 4 trade guilds. Every day I buy every single purple armour/weapon under 550g, every blue under 200g and every green 150g. With my decon skills maxed out, I get tannins from more than 2/3rds of every decon - and I gain crafting experience. I can usually turn a profit by selling the tannins at market prices - often I get more for the tannin then I paid for the item I deconned it from.

pecheckler

[snip]

Leveling tailoring or blacksmithing is a bad idea because they are only money sinks. Endgame drop rates of purple items are absurd and have drives prices down so much that any crafted gear will sell for 10-20% of the cost to create it.

Then you suggest not buying gear level 1-50. Well, that's stupid. Who wants to do a dungeon group with someone who is undergeared? It is the responsibility of every player to always play their best, and in an MMO that includes equiping the best.

[edited for baiting]

poodlemasterb16_ESO

I have 4 crafters to feed my 3 fighters and I make everything they use. I am not rich but no one wants for gear or horse feed.

I break everything I can't research down, for the mats mostly but XP too.

A tip: You can see quite a bit better from a horse, you are higher up, and that is very useful for mat farming.

DenverRalphy

pecheckler wrote: »

Then you suggest not buying gear level 1-50. Well, that's stupid. Who wants to do a dungeon group with someone who is undergeared? It is the responsibility of every player to always play their best, and in an MMO that includes equiping the best.

I have never, ever, purchased any gear. And I can state with confidence that I've never been undergeared.

Elirienne

@pecheckler i have not bought a single piece of gear in game, and i am almost v7. everything you need to play successfully, drops. And you can level blacksmithing and tailoring without spending a single penny, just by decon. Hate to say this, but in response to your elitist "who wants to go to a dungeon with an undergeared player", the only right response is - my friend, learn to play...

@DenverRalphy exactly.

Elirienne

And why do people have more than one crafter char? There are more than enough skillpoints in the game to do it all on one char. Unless it's a personal preference?

Noctisse

Elirienne wrote: »

And why do people have more than one crafter char? There are more than enough skillpoints in the game to do it all on one char. Unless it's a personal preference?

That can be problematic early in the game, since you will be lacking in either survivability or crafting skills, or be at best mediocre in both.
Which is why I have shared the 6 crafting professions among 3 characters, so each gets to level 2 crafts. This way, at any given level you can be both a good fighter, and be able to craft any up to date equipment.

Elirienne

@Noctisse hm, you have a point. I ahvent started crafting until 50, simply wasnt interested. But i am now almost max on 3 profs, i finished my build and still have about 30 skill points to distribute, and havent even collected half the skyshards. so plenty, plenty to max out everything. which I like.

Noctisse

@Elirienne Of course. It's true that in the long run, the game has enough points to become a competent fighter and a multi-crafter with the same character, it's just that this can be difficult/impossible to achieve in lower levels, when your access to skill points is still rather limited.

tilolyen_ESO

I have a much better and easier guide that does not require steps and a huge WALL 0 TEXT. Currently I have over 150k in my bank and did it by.........*drum roll*

Step 1: Level normally doing all quests along the way
Step 2: Refer to Step 1

Thunderchief

Elirienne wrote: »

Nice guide. I would only add that what I found in this game that it's practically impossible NOT to get rich, just by playing, gold flows in. Quests = gold, selling stuff = gold, and at the end of the day, you dont ever need to buy gear and as OP said, dont ever need to repair. I hardly ever spend gold - there is nothing to spend it on apart from horse and inventory space!

This is all true which makes me wonder why people are buying from bots. The bots should be out of business.

Thorntongue

OP, are you that guy sdfgsdhg running around gathering up everything?

Phantax

pecheckler wrote: »

[snip]

Leveling tailoring or blacksmithing is a bad idea because they are only money sinks. Endgame drop rates of purple items are absurd and have drives prices down so much that any crafted gear will sell for 10-20% of the cost to create it.

Then you suggest not buying gear level 1-50. Well, that's stupid. Who wants to do a dungeon group with someone who is undergeared? It is the responsibility of every player to always play their best, and in an MMO that includes equiping the best.

You don't need to buy gear at 1-50, unless you're trying to be some elitist. The gear quality / amount drop rate is more than enough to get you through the early levels (and beyond)

DenverRalphy wrote: »

pecheckler wrote: »

Then you suggest not buying gear level 1-50. Well, that's stupid. Who wants to do a dungeon group with someone who is undergeared? It is the responsibility of every player to always play their best, and in an MMO that includes equiping the best.

I have never, ever, purchased any gear. And I can state with confidence that I've never been undergeared.

Same here (oops little lie) I brought 1 piece for a 5 set as I couldn't find it anywhere and that was only because I wanted the cosmetic look of the gear. But apart from that 1 piece never brought any and I'm VR6 now.

pecheckler wrote: »

[snip]

Foolish, really? If you'd even bothered to digest the theme of the post you'd realise its about 'making gold' not becoming so uber-raid ready killing machine !

[edited to remove quote]

Phantax

poodlemasterb16_ESO wrote: »

A tip: You can see quite a bit better from a horse, you are higher up, and that is very useful for mat farming.

Hadn't noticed that as I tend to go everywhere on foot. Thanks for the tip

KariTR

Phantax wrote: »

poodlemasterb16_ESO wrote: »

A tip: You can see quite a bit better from a horse, you are higher up, and that is very useful for mat farming.

Hadn't noticed that as I tend to go everywhere on foot. Thanks for the tip

Unfortunately, and I see this all the time, players who are searching for nodes on horseback get beaten to the nodes by the player on foot who doesn't have to pause for a dismount animation.

It was the deciding factor in my not bothering to purchase a horse in this game.

@pecheckler. Crafting is not a money-sink. How can it be when all the resources are free? Now I have a couple of 7/8 crafts, I am making decent money from requests for set pieces and I don't advertise at all.

Moonscythe

I have a question about crafting and nodes and such. First, I am very low level right now, still in Auridon learning the ropes. I am able to play whenever I want so I go in during off peak times to try to gather some resources and I am having a lot of trouble finding anything even then. I spot a jute and when I get there I may be able to collect it or I may have a bot snatch it or I click E and nothing happens or I click E and it disappears. That makes a 25% success rate on a stupid low level jute. It's been ages since I spotted a branch and even longer since I saw a rune. I seem to see more iron and may start collecting that just to sell since I'm not blacksmithing right now.

This brings me to my second question. How do you make a crafting only character? I mean, they get eaten if they venture too far from home so they have to be able to defend themselves and that takes skill points. Also skill points aren't shared between characters so I have to go collect the skyshards and quest with each character. Right? Am I missing something?

I hate being a noob, it makes me stupid and I hate being stupid.

Phantax

Moonscythe wrote: »

I have a question about crafting and nodes and such. First, I am very low level right now, still in Auridon learning the ropes. I am able to play whenever I want so I go in during off peak times to try to gather some resources and I am having a lot of trouble finding anything even then. I spot a jute and when I get there I may be able to collect it or I may have a bot snatch it or I click E and nothing happens or I click E and it disappears. That makes a 25% success rate on a stupid low level jute. It's been ages since I spotted a branch and even longer since I saw a rune. I seem to see more iron and may start collecting that just to sell since I'm not blacksmithing right now.

This brings me to my second question. How do you make a crafting only character? I mean, they get eaten if they venture too far from home so they have to be able to defend themselves and that takes skill points. Also skill points aren't shared between characters so I have to go collect the skyshards and quest with each character. Right? Am I missing something?

I hate being a noob, it makes me stupid and I hate being stupid.

In the lower level areas yes it can be difficult to find materials at times. either due to bots stealing them or just due to the fact the population is higher in these areas.

As for crafting characters, just spend skill points to let your character use better materials. You can farm all the materials with your main then send them to this 'crafting' character.
An additional bi-product of this is you can send/swap the made items between your characters helping to level up the crafting skill of 'both' at the same time



EDIT-

Oh and everybody was a noob once...lol

Aaklor

this thread only needs 1 step..

Step 1: farm vet lvl motifs and sell them. rinse/repeat

Phantax

Aaklor wrote: »

this thread only needs 1 step..

Step 1: farm vet lvl motifs and sell them. rinse/repeat

So basically you want people to exploit a game mechanic. Not to mention spend all their time logging in and out and constantly running around the same building.
Thats hardly in the spirit of the game, nor does it do anything for enjoyment

Giraffon

I think this is the best way for low level characters:

1) Run missions until your inventory fills up
2) Equip any upgraded gear you find
3) Sell everything else. Don't deconstruct it, Don't craft, just sell everything!

When you are less starved for gold, you can balance this with some crafting skills.

If you have multiple characters, concentrate the above approach with your highest leveled character as the loot dropped tends to sell for more.

Good Luck!

crislevin

well, once you get into VR, farm rare motifs, each can fetch 15-20k.

but again, game doesn't offer much to spend your gold on, except obvious and foolish gold sinks (42k for a horse?).

Sunrock

Now when the Wolves in Crows Wood and the Tigers in Grathwood are nerfed... any good grinding spots for gold?

AngryWolf

Awesome post...thanks!

Blackwidow

Great post. Nice advice. Thank you.

Step Six - Sell items fast on Chat

DON'T BE GREEDY ! If you get a blue item (or even a green from a set) Try to sell it in chat. Just remember to sell it sensibly. Yes you can try to be clever and ask 1000g for that item, but chances are you won't get it. Sell that same item for 150g-200g and you're much more likely to sell it.
Why so cheap? well its not really. When you come to sell your stuff at a vendor you will most likely get 20g-50g for that item which is ok. But if you sell that same item for 150g-200g that's 4X the profit !
(which is better, asking 1000g and getting no sale or selling cheap and making 4X what you'd get from a vendor)

Or if we had an AH....

Phantax

Blackwidow wrote: »

Great post. Nice advice. Thank you.

Step Six - Sell items fast on Chat

DON'T BE GREEDY ! If you get a blue item (or even a green from a set) Try to sell it in chat. Just remember to sell it sensibly. Yes you can try to be clever and ask 1000g for that item, but chances are you won't get it. Sell that same item for 150g-200g and you're much more likely to sell it.
Why so cheap? well its not really. When you come to sell your stuff at a vendor you will most likely get 20g-50g for that item which is ok. But if you sell that same item for 150g-200g that's 4X the profit !
(which is better, asking 1000g and getting no sale or selling cheap and making 4X what you'd get from a vendor)

Or if we had an AH....

Don't even get me started on the missing global AH thing...lol

coreywindom_ESO

......or build up some of your crafting skills as quick as possible. invest skill points into hirelings and the extraction skills. decon every green and blue items you get and refine all raw mats....take the rare temper items and sell them......create alts and use the things you can make on your main to quickly increase the different skills until you are high enough to have 3/3 hireling and they will constantly bring in high value items.....and you can level your crafting skills with your alts without having to actually level the character. you get 3 skill points when you start dont use those on anything but the hirelings.......i make 20 to 25k a day doing that