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https://forums.elderscrollsonline.com/en/discussion/508927/

How does the economy work?

Ryknos
Ryknos
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Just as the title says, I'm new and was wondering how the economy works, I've seen people on my trading guild post pictures of people selling a stack of say 200 iron ingots for 15k and meanwhile I'm selling mine for about 1k at lvl 25. My guild mates told me that at CP levels (which I haven't reached yet), the economy changes where you start seeing stuff like this but I don't understand it, most of the stuff I see being sold on my MM addon are just lower than 1k in sales.
  • RebornV3x
    RebornV3x
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    well there is an event going on right now one that is crafting oriented this week. Iron is the lowest level blacksmithing material in the game so people are making alts and crafting low level gear so they can fulfill daily writs to turn in and get rewards so demand is higher than normal.

    your level and your crafting level dictate what material you see and are able to farm so for instance a max level character and max lvl in crafting will only ever see Ruby Ore nodes (CP150+) so its almost impossible to farm for lower level mats like Iron on a max level character unless you have a low levl alt character to farm that level of mats

    I hope that kinda explains things
    Edited by RebornV3x on April 8, 2019 11:40PM
    Xbox One - NA GT: RebornV3x
    I also play on PC from time to time but I just wanna be left alone on there so sorry.
  • Ryknos
    Ryknos
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    RebornV3x wrote: »
    well there is an event going on right now one that is crafting oriented iron is the lowest level blacksmithing material in the game so people are making alts and crafting low level gear so they can fulfill daily writs to turn in and get rewards so demand is higher than normal.

    your level and your crafting level dictate what material you see and are able to farm so for instance a max level character and max lvl in crafting will only ever see Ruby Ore nodes (CP150+) so its almost impossible to farm for lower level mats like Iron on a max level character unless you have a low levl alt character to farm that level of mats

    I hope that kinda explains things

    Not exactly, on my MM addon I see sales going for 1000 or lower for some stuff. On my guild mates they see:
    cKJ9CBL.png
  • VaranisArano
    VaranisArano
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    MM uses the data from your guilds. So if they are in different guilds than you, your price data will differ.
  • Lightspeedflashb14_ESO
    Lightspeedflashb14_ESO
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    They recently changed writs, lower level ones are basically self sustainable, as in you get around the same amount of mats you put in. No idea how people need to buy more of them maybe style stones but not mats.
  • Bladerunner1
    Bladerunner1
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    If you want another source for the price of things that are actually bought rather than just list price you can check here

    https://esosales.uesp.net
  • Oreyn_Bearclaw
    Oreyn_Bearclaw
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    Buy Low, Sell High.
    Alliance/Platform: Ebonheart Pact - PC/NA - CP 1,200ish

    My Toons:
    DKs: Oreyn ßearclaw - Dunmer, Bear-m'Athra - Redguard, Bearzilla - Argonian
    Sorcs: Beary Jane - AR37- Breton, Bearricane - Orc, Molag Bear - Altmer (AD)
    NBs: Bearclaw Oreyn - Breton, Bearblade - Bosmer, ßearblade - Dunmer (DC)
    Temps: Gandalf Likes To Party - Altmer, Bearplar - Redguard, Bearamedic - Argonian
    Wardens: Warden Bearclaw - Altmer, Bear Jordan - Redguard, Bear's Hippie Girlfriend - Bosmer
    Necros: Bearomancer - Dunmer, ßearßones - Orc

    vCR+3, vAS+2, vHOFHM, vMOLHM, vSOHM, vHRCHM, vAAHM, vBRP, vDSA, Flawless Conqueror, Dro-m'Athra Destroyer
  • Ryknos
    Ryknos
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    I just don't understand how someone would pay 15k for a stack of iron ingots, when I can buy a stack for 1k... maybe I should just overprice the hell out of everything.
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