Guild Wars 2

I ended up getting a Sun Catcher this weekend for winning 1st place in the race. I’m pretty sure I’m going to sell it, but should I hold off on selling it until the value goes up? Last I looked they were going for 3.3 gold. I’m thinking the value will go up after the event, but wanted others opinions/speculations as well.

i think they’ll fall as people that are saving them decide to sell an start undercutting each other. Then as people see the prices falling more well panic an sell. But other investors well buy them up as they go onto the TP, the ones that can sit on them for 6 months till they can make a good profit on them.

How valuable is inventory/bank space to you?
If you sold it now could you use that profit to make more gold?

Holding on to back items seems a bit riskier than other items. We’ll probably be getting more of them with the LS updates. You’ll be selling to collectors and people who just prefer these skins over the new shiny thing.

It’s a gamble to hold on to them. People want them now because they are the new shiny. The people who will want theses catchers will get them during this update. Next update there will be another shiny for people to want and the catchers will no longer be hot.

Old shinies:
Mini Southsun kasmeer: started at 37 gold, now 15 gold plus
http://www.gw2spidy.com/item/42599
Holographic dragon wings: started at 50 gold, now 6.5 gold
http://www.gw2spidy.com/item/43346

My guess it may go up in value but only after a long time. When new people come in who want to collect old shinies. It may take months to years for the price to go up much.

I would sell now. Backpieces seem to be the one area Anet loves to keep updating and releasing new skins. Heck, we know there will be a flower backpiece in the upcoming update.

Obviously, the price will always go up. But it will take forever and considering opportunity costs means you lose out.

But hey, 3.3G is an insignificant amount so if it goes even farther down, then you don’t lose out a ton.

Vol.5241:

I would sell now. Backpieces seem to be the one area Anet loves to keep updating and releasing new skins. Heck, we know there will be a flower backpiece in the upcoming update.

Obviously, the price will always go up. But it will take forever and considering opportunity costs means you lose out.

But hey, 3.3G is an insignificant amount so if it goes even farther down, then you don’t lose out a ton.

Well honestly, I don’t have a whole lot o’ gold to invest in anyways atm. I recently retraited my main yet again, which means equipment addition/change, which also means gold drain. I’m one of those that needs semi-long term investment options because I just don’t know how to do the flipping thing and have the time to keep up with the trends. I’ve tried and failed a couple times and I’ve just been unable to recover from it. The gold I’ve been making lately goes strait to my trait changes and my compulsive min/max needs.

So any investment items I get, I’ve gotten from drops. Anyways, sorry for the long story there.

Thanks to you and the other posters for the advice. I’ll think on it for the next few days.