Price of Ghastly Grinning Shield
my only guess that with there being technically less gold in the economy (ala dungeons nerfs and the fractals not buffed yet), people realized they need to price less if they actually want to sell it
If I had to guess, it would be that there are now more of the old skins on active players as many old players are now returning from hiatus for HoT. 3 years ago when the original Halloween skins were available, things cost much much less, so some of the original owners may not have much cash if they’ve been gone awhile. So some may now be returning from a 2+ year break and seeing their old items as quick ways to catch up.
1. all gold farming place got nerfed.
2. ppl saving money for legendary weapon and armor
People panicked and thought anet was going to bring them back in a raffle like they did last year. Only 100 were given out supposedly.
There is some deflation but not really enough to cause a 50% drop.
I think it will go back up. Supply has already dropped by 4 today.
Recently, I notice a big drop in price for the shield skin Ghastly grinning shield, dropping from 4.8k to the current price of 2k, i was wondering is there a reason for such a big drop? i know HoT brings in new skins but why would it affect the limited shield skin so much?
any valuable insight would be greatly appreciated.
Tons of core game shinies dropped in price (see also: poly lumi jewels — 66% cheaper, queen bee — 20% cheaper, etc.). Among the many potential reasons:
- People want the new shinies NOW and need quick cash to pay for them.
- People think ascended gear is going to be essential for Raids and are willing to spend a premium to buy mats to hurry up their crafting. Needs more coin.
- People want GH max now and guess what, they need cash to pay for that too.
- People are returning to the game after begin away for long periods — they have no idea what things “should” be priced at and undercut existing prices, thinking they are getting good deals (which they are, relative to their investment of time and coin).
- Others see the change in prices and panic, thinking (incorrectly usually, but not always) that if they don’t sell NOW then it will be too late.
- And of course, the popular theory that the change to liquid gold rewards in dungeons is causing people to spend less.
I’m sure that the dungeon reward change will have an effect, but the drop in prices for core Tyria shinies started before anyone could even count their supposed losses. Plus, plenty of people have started farming plat, iron, and flax (among other popular materials) — those are still selling at a premium.
tl;dr after any expac, there’s always a market shift like this, wherein old shinies are sold relatively cheaply while new things cost a premium. It’s not particularly surprising that it also happened in GW2.
thank you all for your valuable insights!!!