An experiment with limited availabilty

An experiment with limited availabilty

in Black Lion Trading Co

Posted by: Infamous Darkness.3284

Infamous Darkness.3284

So recently I noticed that all of the mini karka had gone off of the market, so I decided to do a little experiment (these are from memory so they may not be exact). I would place the last one I had for sale at 700g about double the price they had been selling when they were still available. For the first 3-4 days the price of highest buy order went up on average by about 15g per day, until someone finally undercut me (I expected it to happen much sooner) and the price of highest buy orders seemed to stabilize at around 350g, since then I believe I have been undercut I believe 3 more times but two have gone off the market yet the highest buy offer still stopped at 350g. I will continue watching this in the future and hopefully updating this topic. Hope you found this interesting and informative. Karka Mini I suppose now we will also see if posting a topic like this on the forum has any effect on the market.

Infamous Culverin(engi[Main]), one of every other class.
Karl Marx: “Go away! Last words are for fools who haven’t said enough!”

An experiment with limited availabilty

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Posted by: Wanze.8410

Wanze.8410

Before Heavy Bags of Coins were discontinued from the BL Chests, i got 100 of them for under 20 silver. Those bags have a chance to drop between 80c and 1.5g, if you open them. Last year, i opened 1000 of them and got an average of 17s.

To my delight, i noticed last week that someone bought out the remaining stock and listed 1 at 11g. I undercut him by 4g listing at 7g and waited a day. Nothing happened, so i listed another one at 5g. The next day, both of my listings were sold. Until now i already sold 7 of those bags between 3 and 7 gold. Mine were the only new listings in the last week and i guess whoever bought out the stock, is also paying a premium for my listings at the moment.

Me and him might be the only ones right now having any stock left and i am quite happy to feed him my stock slowly….

http://www.gw2spidy.com/item/20317

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

An experiment with limited availabilty

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Posted by: Husanak.3769

Husanak.3769

I don’t really under stand why someone would pay 7g for a bag that can give you nothing more then 1.5g . I guess there are plenty of dumb people in the world, you don’t have to be a member of Mensa to play a MMO it would seem.

An experiment with limited availabilty

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Posted by: Infamous Darkness.3284

Infamous Darkness.3284

very interesting I never realized the heavy Bags of Coins could give that much I always seemed to get around 1 silver. but thank you for sharing

Infamous Culverin(engi[Main]), one of every other class.
Karl Marx: “Go away! Last words are for fools who haven’t said enough!”

An experiment with limited availabilty

in Black Lion Trading Co

Posted by: Wanze.8410

Wanze.8410

very interesting I never realized the heavy Bags of Coins could give that much I always seemed to get around 1 silver. but thank you for sharing

Getting back on topic:

The Mini Karka doesnt have limited availability as it still drops from mobs in Southsun. Personally i got one in July or August last year, way after the event and sold it for 200 gold. The droprate is so low though, that not much get reintroduced into the market.

Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

An experiment with limited availabilty

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Posted by: Infamous Darkness.3284

Infamous Darkness.3284

true I didn’t use the proper terminology, I was originally going to do the experiment with mystic forge conduits but that market kinda went to kitten. I suppose low supply or starting to sell when none are available (for sale) would have been a better title.

Infamous Culverin(engi[Main]), one of every other class.
Karl Marx: “Go away! Last words are for fools who haven’t said enough!”

An experiment with limited availabilty

in Black Lion Trading Co

Posted by: Flissy.4093

Flissy.4093

The Mini Karka doesnt have limited availability as it still drops from mobs in Southsun. Personally i got one in July or August last year, way after the event and sold it for 200 gold. The droprate is so low though, that not much get reintroduced into the market.

Not to mention Southsun is largely unpopulated and unfarmed, so it’s not as if there are even many chances for the Mini Karka to be rolled to drop.

It’ll be interesting to see what happens to these if we receive an update that involves us returning to Southsun.

Light Up the Darkness
“Dear ANet, nerf Paper, Scissors is fine. Sincerely, Rock”
Elysaurus | Warrior | [LOL] | League of the Legendary | Gandara (EU)

An experiment with limited availabilty

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Posted by: Psychol.5783

Psychol.5783

People will pay anything to get something exclusive even if it’s worthless, some of the will do this in hope to sell an exlusive crappy item even higher in the future.
It’s a matter of time before grinning shield will be much more expensive than Eternity.

An experiment with limited availabilty

in Black Lion Trading Co

Posted by: Wanze.8410

Wanze.8410

Before Heavy Bags of Coins were discontinued from the BL Chests, i got 100 of them for under 20 silver. Those bags have a chance to drop between 80c and 1.5g, if you open them. Last year, i opened 1000 of them and got an average of 17s.

To my delight, i noticed last week that someone bought out the remaining stock and listed 1 at 11g. I undercut him by 4g listing at 7g and waited a day. Nothing happened, so i listed another one at 5g. The next day, both of my listings were sold. Until now i already sold 7 of those bags between 3 and 7 gold. Mine were the only new listings in the last week and i guess whoever bought out the stock, is also paying a premium for my listings at the moment.

Me and him might be the only ones right now having any stock left and i am quite happy to feed him my stock slowly….

http://www.gw2spidy.com/item/20317

Just as a follow up:

I I have successfully sold 1 each Heavy Bag of Coins at 10g, 15g, and 20g. Someone else posted one at 25g yesterday, which also got sold. My next posting is at 30g.

The stupidity of people….

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Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.

An experiment with limited availabilty

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Posted by: Lightyears.8624

Lightyears.8624

The stupidity of people….

These people aren’t buying them to open them. They’re buying them to repeat the pattern you started.