Outrageous Guild Store Prices for Low Level Green and Blue Recipes

LonePirate · August 2014

Last night I took my VR12 EP character on a shopping spree for glyphs to continue leveling Enchanting. I was also looking for good prices on purple recipes given how they are slowly flooding the market. I visited every guild kiosk in the capital city of all 15 alliance zones along with Craglorn. I must have visited 90-100 kiosks as some cities had 7 or 8 instead of the usual 5.

Anyway, in a handful of these kiosks, I found some low level green and blue recipes - ones that had Recipe Improvement levels of 1-3 - which I did not know because I did not find them on my rapid march through the low level zones. Yet every single one of these unknown, low level green and blue recipes ranged in price from 2000g - 5000g. I found a green unknown recipe that was improvement level 1 which had an asking price of 2000g. A green recipe probably found on a starter island or maybe even in the Wailing Prison had a price of 2K! I was absolutely astounded by these prices. With a couple of exceptions, most of the listings were from the past three days.

Does anyone have any explanation for these ridiculously high prices? There were too many of these listings from multiple players to be the result of user error, such as mistakenly entering 5000 instead of 500 and then submitting the listing. Are there players, presumably new ones, who are so oblivious to the reality of the game's economy? Are there green and blue recipes which actually so rare that they can command prices of 5K? Are there players out there willing to pay these high prices for these low level recipes? Are any of you AD and DC players seeing the same thing in the guild kiosk stores in your zones?

Phantax · August 2014

Yes I have to admit there are some real muppets posting gear/items at stupid prices at the moment. However we do have the ideal way to combat this.... DON'T BUY FROM THEM ! ! !

vyndral13preub18_ESO · August 2014

I was actually surprised at how low most gear is posting for. But i admit i haven't looked at any of the recipes.

liquid_wolf · August 2014

People with the money buy the vendors.
People with the money buy out competitors selling low.
People with the money sell these items at higher prices.

Which again makes them the people with the money.

When there is limited access to the market, then it isn't that difficult to create a monopoly.

I don't like a universal auction house, but I can't see a good way to "compete" in the market the way it currently is.

More vendors maybe?

Logan9a · August 2014

Never whine prices are too high, just realize "You are poor".

Inversus · August 2014

Lol there was some guy spamming cyrodil trying to sell a purple recipe for like 80k
I felt like telling him he's not getting a buyer but didn't have the heart...

If purple recipes are worth THAT much I'll start selling

Slurg · August 2014

Now I feel dumb for giving away my extra green recipes in the guild bank for someone to take and profit from. Thanks!

I am EP too and have noticed in my trade guild that won a kiosk people are buying a large variety of things at stupidly high prices. So maybe some of the sellers are trying to see how high they can go and still make a sale.

LonePirate · August 2014

The overwhelming majority of the green and blue recipes are priced with their default values or at other common and low prices. Still, I found at least 20-30 of these grossly overpriced low level green and blue recipes. When some of the VR level purple beverage recipes are going for 8000 -10000 now, these prices for low level recipes simply astonished me.

zhevon · August 2014

Slurg wrote: »

Now I feel dumb for giving away my extra green recipes in the guild bank for someone to take and profit from. Thanks!

Understand the feeling ... its natural.

Just remember pay it forward - if you got green recipes from the guild bank put green recipes back into the guild bank. In fact I put some spare blue recipes in the guild bank yesterday and yes I had gotten blue recipes from the guild bank before. In fact early on I put a couple of normal motifs in the guild bank for the same reason. It might be going to a greedy SOB but it might be going to someone with real need.

reften · August 2014

some people use the guild bank as their personal bank....

Pallmor · August 2014

Ha, I usually just sell my green recipes for 50 gold. Find them all over the place. Found a blue last night. Not sure how much to even ask for it.

Circuitous · August 2014

Listing fees could probably stand to be steeper to avoid silliness like this.

Theosis · August 2014

Pallmor wrote: »

Ha, I usually just sell my green recipes for 50 gold. Find them all over the place. Found a blue last night. Not sure how much to even ask for it.

I vendor much of it. Guild bank is full of useless recipes.

OrangeTheCat · August 2014

It's difficult for new people to get a good sense of prices given only their one or two guild stores. Even as a VR12 I don't feel I know many prices well. Such is the guild store system we have been blessed with.

Evandus · August 2014

Best to simply ignore it and seek things elsewhere. If you have guidies, I'd ask them if someone has what you are looking for. And keep an eye out for zone chat when traveling between provinces.

It's common practice to practically give things away to guildies who need/can use them. And it's common practice to offload things I have multiple copies of to folks who respond in zone chat. Haven't made it on for a couple of days, but last login I gave away a number of treasure maps and duplicate recipes. Some green, some blue.

Karma can be your friend

When I needed specific pieces (Warlock) for my fresh vet alts I was flooded with them and had to send many back with a thanks. Same with specific traits to research. Many like minded people will just quietly mail you then whisper reminding you to check your mail.

Schoolyard rules, and sharing still happens in MMO's. Just not as common these days. Best of luck in your search.

Slurg · August 2014

One other possibility I can think of: are the overpriced recipes the recipes from the other factions and thus not dropped in EP zones?

Even then it would be stupid to pay the inflated prices. You can easily get your 100 recipes for the achievement through normal play over time. And they're about to make serious changes to provisioning- there's a thread about it in developer discussions.

People who still want the low level recipes for other factions need only to roll an alt there or join a guild with a open bank and wait for someone like me or@zhevon to dump some off.

Even if I could sell them for that much, I'd just feel icky about it.

ThisOnePosts · August 2014

I don't even bother to sell green recipes because I have way too many other items to list than to take up a spot on the guild stores so I let one of my alts learn it and if they all know it then sell it to a merchant LOL.

However blue recipes, I will list between 250-400g depending which one it is. In my opinion, anything up to about 550g is reasonable for blue recipes. Beyond that becomes a bit silly.

starlizard70ub17_ESO · August 2014

I usually find stuff, like recipes, at normal prices by just looking around. Yes there are people selling stuff at stupidly high prices, but I just pass those by.

KhajitFurTrader · August 2014

LonePirate wrote: »

I was also looking for good prices on purple recipes given how they are slowly flooding the market.

If that's the case, all you need is patience. Once the market is nearly saturated, prices will drop fast.

Jankstar · August 2014

liquid_wolf wrote: »

People with the money buy the vendors.
People with the money buy out competitors selling low.
People with the money sell these items at higher prices.

Which again makes them the people with the money.

When there is limited access to the market, then it isn't that difficult to create a monopoly.

I don't like a universal auction house, but I can't see a good way to "compete" in the market the way it currently is.

More vendors maybe?

At the rate more of these items are farmed people trying to get a monopoly on an item are in a losing battle. Especially since you just have to open boxes at the bank for recipes.

It seems to me they either have no idea of the price and are way over pricing them, or they know that only the market unsavvy use the new public guild stores and are trying to rip people off.

Either way don't use the public guild stores, they are just not a good shopping option.

Artemiisia · August 2014

I saw a potato trying to be sold for 50k, if it gets sold it gets sold and lucky seller, noob buyer. Not sold yet though

if anything, its the buyer thats the noob, if they ever buy things at a ridiculous high price, check the marked before buying anything.

Like the purple recipes, I still see some try to get like +100k for them, well if they get to sell it, good for them.

erdbeerheld · August 2014

I was selling green recipes for 40-60g (at least trying to). But it was slow going, and may have been related to the guild store as well. Starting with Update 3, this changed drastically. My recipes didnt last longer than 2 hours, and I started to increase the price. I finally ended up at 500g for lvl 30 green recipes, and they were also bought pretty fast.

Not sure whether someone is "preparing" for the possible provisioning revamp, but it is kind of strange.

DenverRalphy · August 2014

Since everybody has access to public guild store kiosks now, there was a buying frenzy by everybody taking the opportunity to rapidly grind out their crafting skills. And too, many people trying to finish achievements for dyes (I know, because I was one of them). As a result, all or most of the reasonably priced recipes, ingredients, motifs, etc.. were bought up, leaving nothing but the more expensive priced items.

Though I will say I think the OP is exaggerating a bit. I just knocked out my provisioner 100 recipes known achievement a couple of hours ago. There were tons of low priced recipes all over the map. I spent on average 25-40 gold for green recipes, and there were boatloads more that I didn't buy because I didn't need them. Most places I looked (and I traveled a lot), greens were selling on average from 25-40 gold, blues ranged from 100 - 1000 depending on tier.

In fact... I myself have stopped bothering to list any green recipe I pick up simply because I still have a ton listed in a guild store that simply aren't selling fast enough to justify them taking more listing slots.

Slurg · August 2014

Wow @erdbeerheld‌, people pay you more for a green recipe than most of us get for a blue recipe or common motif?

The provisioning revamp will change and lower the amount of ingredients, and allow stacking of food and drink. Recipes will be totally different. Current recipes learned will be converted to the comparable new ones if possible per the discussion thread. I don't think it's even on PTS yet to see how it's going to shake out. So I'd be surprised if people are paying inflated prices to prepare for an unknown.

I still think it's primarily people who are going to the guild trade kiosks who have never been in a trade guild and don't know any better.

Possible second is the people who aren't already provisioners but they want their 100 recipe achievement and they want it right now. And they have plenty of gold to spend.

kimboh · August 2014

Just saw someone trying to sell a Breton motif for 15k.

Hamfast · August 2014

People sell things for stupidly high prices because there are bound to be stupid people shopping...

Evergnar · August 2014

Prices for stuff at the guild vendors can be all over the map. What I don't understand are those that have absolutely nothing but junk. Like literally junk. With the cost of vending I just don't get it.

UPrime · August 2014

IMO, you see this because:
1. Reasonably priced stuff gets bought up because of low quantity.
2. There's a low quantity because people that know the value either don't think it's worth their time or their store slot to sit there.

istateres · August 2014

A) Just because someone asks for a high price, doesn't mean they will get it

Everything is worth exactly what someone else will pay you for it

C) Rarily and value are not neccisarly linked

Welcome to the free market!

Azzuria · August 2014

Costs too much? Don't buy it.

OR...

Find it for a lower price and resell, undercut.

The market is another game to be played.

SirenofEntropy · August 2014

Part of the issue is that the new guild traders have a lot of new players listing stuff in them when they have no clue about pricing. I'd guess that a lot of them are just making up some random price when they list something instead of asking their guildmates about what it's actually worth.

Of course, something is only worth what people will pay for it. The problem though with price-gouging individuals is that their steep asking prices sometimes sets off a domino effect where someone else will say "hey, that guy wants 5k for a blue motif, I should ask for the same amount for mine" - until eventually all of the prices see major inflation. I've seen it happen in other MMOs.

I always try to be fair about the prices I ask for my goods. If you ever find a guild kiosk for The Cursed Children or Black Market Wares, I sell green recipes for 100g and blues for 200-500g depending on tier. I also sell all of the common motifs I find for 300g each. ;D