Guild Wars 2

Hello traders, economics is something that has always mystified me so please go easy. Lately, as my main character has mostly geared up fully, I’ve been using any extra gold I earn to “gamble” with the Mystic Forge in the hopes of getting valuables back. Mind, I’m not really trying to make money, my goal is just to do something fun with extra gold. I plan on starting a new character if I miraculously get a precursor item. My mode is pretty much to wait until I have saved over 10 gold and then do some speculating. Its a lot more addictive than I would have imagined

The issue I’m having is that the level 80 exotics that are generated by the Mystic Forge attempts seem to be mostly dropping in value. At first, a few weeks ago, it seemed I was able to fairly easily sell off the level 80 exotics, but this past couple weeks, they have been sitting for sale without movement. In checking the undercut prices, in most cases there have been dramatic drops in the going prices and my items don’t look like they’ll sell for a long long time, if ever… Which makes me wonder at what point I should pull the listings and relist, and for how much? All my funds have gotten tied up in these non-moving items now.

What I’m guessing is that many other players are in the same gambling boat as I (the Riverboat Precursor Queen lol), generating level 80 exotics really fast, faster than demand? Any thoughts or illumination on this?

You need to ask yourself – why do people want to buy certain exotics?

A few reasons:
-they like the skin
-they like the stats and want to transmute them
-they want to use the weapon
-they want to throw it in the forge

So if you have an exotic that has a crummy skin, bad stats and is not the cheapest in it’s type, then it most likely won’t sell.

I think you can get rares/exotics from the laurel vendor now, maybe this is why there is a drop in the demand for them from the TP.

Olfinbedwere.5049:

I think you can get rares/exotics from the laurel vendor now, maybe this is why there is a drop in the demand for them from the TP.

I highly doubt many people are deciding to waste their laurels on the hope of getting a rare/exotic from those boxes.

Vol.5241:

Olfinbedwere.5049:

I think you can get rares/exotics from the laurel vendor now, maybe this is why there is a drop in the demand for them from the TP.

I highly doubt many people are deciding to waste their laurels on the hope of getting a rare/exotic from those boxes.

While my first 40 laurels are already commited (SyZyGy + kharma boost), I am considering doing a few rounds of sampling the Necromancer box before starting a second Amulet for my other 80. I have some faint hope the Final Rest was included on it’s loot table.

As long as it is a better deal to toss exotics up on the trading post rather than flushing them back into the forge again, people will continue to list them. You’re right that their prices are dropping well below the crafting costs, and it’s entirely due to this; as long as an exotic is more than 5x the cost of a rare, it’ll continue to be listed.