How much will the jewelry that drops after Summer set be worth?

majulook

So as we all know Jewelry Crafting is coming with Summerset Isle.
As the player who purchased the Chapter will be trying the get the JC Skill line advanced a quickly as possible.
How much will the price of a blue ring of stamina reduction go for?

Stupid Forums hit the wrong key posted this and cannot edit the Choices .

maltinkilic

The price will stay the same as it is now.

There will be slight increase in the prices but I can't say the prices will double since people could deconstructed them.

I am talking of course on the long run. For the short run the market is unpredictable. Think of this is the first day of anniversary event you could find worm cult chests for 20k gold in guild stores since there wasn't reliable data for their drop rates, but after a while the demand/supply line will find it's equilibrium. Hundreds of people run dolmens in alikr every hour so we have a steady supply of jewels(after event) and after release during peak days of jewels prices even more people will run dolmens to not for xp but money. What do you think happens after several day? Due to excess supply of jewels the prices will drop and less people will start farming dolmens for money.

In the end when the equilibrium reached the prices of jewels will be slightly more than now but again not too high.

Bruccius

The price will drop.

I don't think by a lot, but I do think it will dorp. When more people are able to craft it, the value of it decreases.

At least, I assume we're talking about guild stores here? If you keep your prices high for jewelry after Summerset, nobody is going to purchase it, because they can make it themselves.

Elephant42

I think that it will far more than double - wouldn't be surprised to see prices x10 or even x20

code65536

The price will double.

Bruccius wrote: »

I don't think by a lot, but I do think it will dorp. When more people are able to craft it, the value of it decreases.

At least, I assume we're talking about guild stores here? If you keep your prices high for jewelry after Summerset, nobody is going to purchase it, because they can make it themselves.

LOL

Elephant42

code65536 wrote: »

Bruccius wrote: »

I don't think by a lot, but I do think it will dorp. When more people are able to craft it, the value of it decreases.

At least, I assume we're talking about guild stores here? If you keep your prices high for jewelry after Summerset, nobody is going to purchase it, because they can make it themselves.

LOL

What's the emote code for "laughing so hard that you do yourself an internal injury"?

Apache_Kid

The price will double.

Bruccius wrote: »

I don't think by a lot, but I do think it will dorp. When more people are able to craft it, the value of it decreases.

At least, I assume we're talking about guild stores here? If you keep your prices high for jewelry after Summerset, nobody is going to purchase it, because they can make it themselves.

Hahahahahahahahahahaha

zaria

Junk purple jewelry will go up a bit as people will deconstruct it, very expensive overland jewelry like robust briarheart will go down as people can upgrade or transmute arcane.

bregam

Prices may increase then decrease because, with the new crafting system, those that have other crafts maxed and want to do jewelry too (or maybe those that just want to do/try it) will be working hard to get mats and increase the rank which means jewelry prices may increase with demand for deconstructs. However, we may also see an increase in supply for 3 or 4 reasons which could cause prices to stay the same or increase not too much. 1. People will be farming jewelry to sell so people can deconstruct. 2 people can farm jewelry to deconstruct themselves reliably. 3. the crafted jewelry may be sold to use or to be deconstructed by others. and finally 4. with the release of a new zone with new content and the geysers we can see many players participating in the new zone to experience it, farm mats or gear, and complete quests and map unlocks. So there may be more jewelry being dropped in order to be a source of supply for themselves or others.
There are a lot of variables so its hard to say, but such is the market.
And even if the jewelry is an annoying process it still allows for more customization and upgrade then we ever had before so it will be an important craft that people will go into for both convince for themselves and/or their guilds and friends or just for the potential profit. This IS a craft system that has been requested for a long time.

redspecter23

All jewelry that is currently priced low will skyrocket. There will likely be at least a few people buying up any jewelry they can for decon specifically. When I say skyrocket, I mean that jewelry that sells for 50g - 500g will potentially quintuple in price simply for the decon aspect. Desirable jewelry for use probably won't fluctuate much. If something is in the 20k range like a necro ring, it will probably still be about the same price.

DanteYoda

The price will drop.

As usual low stuff will be worthless and the old stuff will degrade in price over time.

redspecter23 wrote: »

All jewelry that is currently priced low will skyrocket. There will likely be at least a few people buying up any jewelry they can for decon specifically. When I say skyrocket, I mean that jewelry that sells for 50g - 500g will potentially quintuple in price simply for the decon aspect. Desirable jewelry for use probably won't fluctuate much. If something is in the 20k range like a necro ring, it will probably still be about the same price.

Pretty sure i read you can't decon stuff already in game?

AlienatedGoat

More data is needed.

redspecter23

DanteYoda wrote: »

As usual low stuff will be worthless and the old stuff will degrade in price over time.

redspecter23 wrote: »

All jewelry that is currently priced low will skyrocket. There will likely be at least a few people buying up any jewelry they can for decon specifically. When I say skyrocket, I mean that jewelry that sells for 50g - 500g will potentially quintuple in price simply for the decon aspect. Desirable jewelry for use probably won't fluctuate much. If something is in the 20k range like a necro ring, it will probably still be about the same price.

Pretty sure i read you can't decon stuff already in game?

If it drops after the update, you can decon it, even if it's an old set. It just matters that it drops after Summerset. Any cruddy jewelry piece will be at least 1000g on day one (assuming it's not an old drop). My guess is that you may see 2500g or even 5k bought up by some players very quickly so they can speed through the leveling process. Early estimates put the entire process at about 350 cp160 purple decons to get to level 50. Assume 5000g each. That puts the price to level to 50 at 1.75 mil gold. I know I would pay that much and I'm sure some other people would as well. Every piece you pick up for less than 5k just lowers that price.

Gythral

"Make hay while the sun shines"
as it'll probably rise a lot very short term, then steadily decline as more people get on the bandwagon

kargen27

When purchasing the jewelry we are going to have to pay attention and be sure we are getting jewelry from after release and not before release.

firedrgn

Supply and demand its going to go up by 4 to 10 times would be my guess. Thats the first place people are going to go to get jewlery to decon. The trial traits will be worth a small fortune i would think.

Kalante

The price will drop.

The jewelry already in the game will drop in price specially gold jewelry since we can now upgrade it. The materials to upgrade them and traits whoever is what will cost a fortune along with new jewlery that has not exist such as hundings rage.

Kodrac

The price will double.

More than double. All the decon'ing you'll need to do will be crazy.