ESO Economy

TonyCawk

Hello all!
I was just wondering how other players learn how much items are worth.
This is more difficult without an auction house were I could compare prices. I can learn about some items through zone chats, but when it comes to a few purples I've picked up along the way..I don't have the slightest clue how much I should be charging for them. Any tips you guys could give me would be much appreciated, thanks.

fromtesonlineb16_ESO

This is one reason crafters and the like don't want a real AH, they wouldn't be able to price-gouge like they can do now.

TonyCawk

fromtesonlineb16_ESO wrote: »

This is one reason crafters and the like don't want a real AH, they wouldn't be able to price-gouge like they can do now.

Well, how do you determine how much you're going to sell an Item for?

Ninnghizhidda

What economy?

fromtesonlineb16_ESO

TonyCawk wrote: »

fromtesonlineb16_ESO wrote: »

This is one reason crafters and the like don't want a real AH, they wouldn't be able to price-gouge like they can do now.

Well, how do you determine how much you're going to sell an Item for?

You can't, that's what this fragmented economy causes, you have to take a guess.

emeraldbay

I like the free market much better than having an auction house where everyone drops their price to compete with others, which would eventually result in things being dirt cheap and not even worth selling really. Crafters won't want to sell things they craft because they won't get jack for it, take crafters out of the economy and we only have resource and motif farmers. Sooner or later, it'll get to a point where resource prices are so low that you might as well just vendor them instead of go through the trouble to put them up for sale.

I guess what I'm trying to say is, not having an auction house gives people the freedom to name their own prices and actually have a chance at selling things at more than they're worth. It's a free market, and it's more realistic and fits in better with the Elder Scrolls feel.

On the topic of OP's question, generally you find out what things are worth by listening to zone chat or checking around trading guilds. It's all about getting a feel for what other people want, and adjusting your selling / buying prices accordingly.

TonyCawk

emeraldbay wrote: »

I like the free market much better than having an auction house where everyone drops their price to compete with others, which would eventually result in things being dirt cheap and not even worth selling really. Crafters won't want to sell things they craft because they won't get jack for it, take crafters out of the economy and we only have resource and motif farmers. Sooner or later, it'll get to a point where resource prices are so low that you might as well just vendor them instead of go through the trouble to put them up for sale.

I guess what I'm trying to say is, not having an auction house gives people the freedom to name their own prices and actually have a chance at selling things at more than they're worth. It's a free market, and it's more realistic and fits in better with the Elder Scrolls feel.

On the topic of OP's question, generally you find out what things are worth by listening to zone chat or checking around trading guilds. It's all about getting a feel for what other people want, and adjusting your selling / buying prices accordingly.

I definitely like the idea of not having an auction house, it never the less makes it more difficult for new players starting out.

I'll try to find a good trading guild and wing it, thank you for the advice.

annarr1117nub18_ESO

"None" of the current mainstream MMORPGs are perfect folks, the perfect mature rated medieval fantasy genre MMORPG may not be released until the year (2017) or later.

pierceoftheender

What ive picked up over the 2 months ive been playing is
1. ask the forums
2. look at the chat constantly to see what items are going for
3. (probably the worst) ask in chat
4. (probably the best)see what things are going for in the guild store. and if you cant find one look at the weekly featured guilds