First off let me say that this is all from my personal observation, during my personal play hours, and I realize that some of this is subjective. This applies only to the NA server where I play.
This concerns the nerf to motif drops, and the subsequent price hike.
Since it hasn't been stated outright anywhere how much the motifs drop rates were reduced, or event hat they WERE reduced (if I'm wrong about that, I'd love a link to a dev quote), some people have resorted to wild speculation, and a lot of people are taking extreme advantage of this and are now price gouging.
My personal experience is that every time I log on to any of the populous zones, such as The Rift, there is at least one of the rare motifs being advertised, and often times more. I play odd hours too, not prime time. Late morning/early afternoon in the middle of the week, and midnight to 2am pacific time are my most common hours, and that is when I see one or more of these for sale. The few times I log on during prime time (usually briefly to feed my horse or grab my 2nd hireling box), I have seen 3 or 4 for sale in chat, all at the same time, just in the 15 minutes I'm on.
I purchased Barbaric on Monday for 25k. I realize this was a good deal, but it wasn't outside of reason. So Monday, WELL after the drop reduction. I've seen it as low as 20k recently too.
Today I saw someone selling Barbaric for 80k. I pointed out that was a bit high for Barbaric, and most people agreed, 80k is more like the Daedric price (and even Daedric has dropped back to more like 60 to 80). Then one guy goes off about the drop rate "nerf" and how he's in the "1%" of people who pay attention to prices in this game. He claimed that all of the people saying 80k were too high were not "in the know". I had a recent similar encounter with someone selling Ancient Elf, told me 50k was the going rate before the nerf, and he/she wouldn't take less than 200k now.
I'd like to make a few points to counter this rampant inflation and outright price gouging:
1) Although they are rare, and the drop rate was reduced, they are not THAT much rarer than before, no matter what people try and say.
2) Even if you got someone to pay 200k for Ancient Elf (or 80k for Barbaric), that doesn't mean it is worth that much to most people, or that it is a fair or reasonable price.
3) These outrageous prices encourage gold buying, which is absolutely wrecking this game!
I know some people are tempted to blame Zenimax for reducing the drop rate, but again, it clearly isn't reduced THAT much. Can you find a rare motif once very 2 hours by farming a single house like you used to? No, nor should you! Should prices be so high that only heavy crafters or gold buyers can afford even one? NO.
I'm making this post to encourage some sanity. Don't buy gold. Don't give in and be gouged. Call people out for outrageous pricing.
These are only worth as much as the buyers are willing to pay. I strongly suspect a lot of people have bought gold in order to buy motifs because people are saying how rare they are (even though it is apparent they aren't THAT rare), and this perception of rarity + gold buying has artificially driven up the prices more than the drop rate reduction.
If one person STUPIDLY pays 200k for Ancient Elf, it is suddenly worth 200k. Or so the gougers would have you believe.
So I'd really like to hear other crafters thoughts on this subject.
Do you think the prices are currently fair? Do you see people trying to get away with selling them for FAR more than they are actually worth, using the "but they were neeerfed" excuse? Do you see wild price variations? And most importantly, what is the best solution?
P.S. I never wanted a global AH for this game, and I still don't, but I'm starting to lean that way. Maybe zone wide AH's? I just don't know anymore, but the current situation with motifs is wildly out of control.
Edited by Sendarya on May 16, 2014 3:13PM Owner of the Traveling Tavern, serving superior and consummate foods and drinks for all your leveling needs!
The Traveling Tavern is now closed, until veteran loot tables and rare food mats are fixed. I am very sorry to all my loyal customers!