Getting Platinum

[FranOhmsford]

I do not do it wrong and do not like the insinuation that I do or that I am a newbie. I list in a way that works for me and that gets much more than I would have expected had I set a buy out price. Each person is free to list how they want. I posted what works for me.

The most important thing I posted was to stop thinking about how to make plat on the auction house and to get busy questing. The more quests a player runs and the more loot they acquire the more plat they will have. Once characters hit around level 14 or so the valuable loot all sells to the same set of 4 NPCs -- 1 in house D, 1 in house K and 2 in the marketplace. Give the loot to a high haggle character and have them sell.

The plat earned that way will easily out pace loot earned on the auction house. And, the characters will not be caught in a farming mode or wasting time running quests for little or no XP.

Loot that is only useful for a few levels might appeal to impulse buyers and benefit from buyout prices. The loot I sell (listed in the post) is all usable regardless of level so waiting does not matter.

You may have a different method but that does not make any other method wrong.

I for one will endorse Ulfo's point as I won't waste my time bidding on an item when I know for a fact I'll be gazumped 1 minute before the Auction ends!

I don't even look at Bid Only Auctions as I want the item there and then NOT in 3 days time!

And many of those people who do buy bid only auctions won't even make a bid until there's less than 5 minutes left on the Auction because they're looking for a bargain - So bid only generally hurts the seller because it puts off many buyers and only entices the bargain hunters.

[FranOhmsford]

Fran:
The original poster wants a LOT of plat, probably 2 million or so. One quick run by several guildies on Thunderholme rares will net you a bunch of said ingots. No need to put them on the Shard AH if plat is what they need.
They don't require anything special in particular to farm, they're more or less assured drops, only the amount is a little random.

The original poster is also a newbie who needs plat now not in 6 months time - Farming Thunderforged is probably out of his range right now.

[ValariusK]

The original poster is also a newbie who needs plat now not in 6 months time - Farming Thunderforged is probably out of his range right now.

His guild leader has a level 25. That'll do.

[FranOhmsford]

His guild leader has a level 25. That'll do.

So his Guild Leader has to do this farming solo while the rest of the OP's group is doing what exactly?

Also what if his Guild Leader isn't capable of solo farming Thunderholm?

[ValariusK]

So his Guild Leader has to do this farming solo while the rest of the OP's group is doing what exactly?

Also what if his Guild Leader isn't capable of solo farming Thunderholm?

30-40 ingots is all it'd probably take, and people do xp groups farming the thunderholmer slayer area all the time (only slayer area more common is probably Orchard in epics) if his level 25 isn't a strong one.
That's maybe an hour or so, two if the xp group is a poor one, hardly a great hardship.

[dunklezhan]

Break everything, auction every invisibility potion you find. My experience is that they sell well, and reliably.

[Ulfo]

No idea what ppc means? ppe would be price per essence but what's ppc?

And I've sold greater essences on every single server {even Wayfinder} and at 300 plat per essence they sell within 3 days guaranteed so anyone selling for less is making a big mistake.

ppc = per piece. Usual abbreviature in many MMO. 8)

You make big mistake, because you can sell it for 400 ppc at least within 3 days. But your biggest mistake - 3 day timeout and no buyout. Next time just set 1 day and do buyout 400 ppc - and you do more priofit for 3 times less time spend. 8)

[Ulfo]

I do not do it wrong and do not like the insinuation that I do or that I am a newbie.

Hmmm... I reread my post and nowhere find when I'm say about you is newbie. I'm say about typical newbies mistake which usual do inexperienced traders. But now, of course, after your answer, for me it's absolutely clear. You surely newbie ( and possibly ( not sure) - noob) in MMO trading profession. 8)

I list in a way that works for me and that gets much more than I would have expected had I set a buy out price. Each person is free to list how they want. I posted what works for me.

Oh, guy! Not all what works is works best way! You post about way works for you - I'm post about your way is suboptimal and I can't recommend your way for profit. Of course, if you don't want do max profit for min time - you absolutely free do as you wish, but then don't do wrong advice for peoples who clearly want maximize efficiency they trade in AH.

The most important thing I posted was to stop thinking about how to make plat on the auction house and to get busy questing.

Why? In most games I manufacturing and trading as my main ingame profession. It's same (if not much important 8)) part of games! Why instead trading we must 100500 times run same quests as before? 8)

The plat earned that way will easily out pace loot earned on the auction house.

It's only because you do trading in AH wrong... oh, sorry... your very inefficient way.

Loot that is only useful for a few levels might appeal to impulse buyers and benefit from buyout prices. The loot I sell (listed in the post) is all usable regardless of level so waiting does not matter.

It's absolutely not important, same principles is identical for any tradable stuff. That you don't understand it, only shows your inexperience in the field :P.

You may have a different method but that does not make any other method wrong.

It depends. If you just want put stuff in AH and forget about it - feel free do it as you wish. If you want do more profit for less time - your method surely wrong.

P.S. English not native for me, sorry for possible misunderstanding. 8)

[Ulfo]

Well ok maybe the mushrooms for ToEE can go on the AH but TF Ingots and Black Stones are ASAH only!

Wrong. Both can be find in AH regular. Not very often, but regular.

[Baktiotha]

I think there is some misconception in this thread. IMO OP *wants* plat but that is not the same as *needs* plat.

Question, how long does it take to go from L1 to L15? Keep in mind OP has a group ready made so does not need to wait on any LFMs.

I think 8 to 12 hours of play should be sufficient. First levels go fast, later levels a little slower, but somewhere around 1 hour per level with a regular group and a group leader that knows the quests -- keeping in mind that the characters are all first life so XP requirement is lowest in game.

IMO that is 3 or 4 days tops.

And what does ship give that is critical? OP and friends would be better off joining an established guild for a week or two and just questing. They'd get better buffs and they'd build up plenty of plat along the way.

All the "get rich quick" advice doesn't apply to a bunch of new, low level, characters. Plat doesn't really start to build until late levels anyway. Take a week or two in an established, large guild. Pay dues by selecting favor rewards when offered. Build 65-100k plat along the way.

I just ran 3 quests with my L21 character and banked 200k plus a level. Multiply that times 3 or 4 friends and it becomes easy to earn millions of plat just by questing. No need to farm, no need for the auction house -- just quest and sell all of the vendor trash that the characters find.

[harmlesslarry]

first off I think Cannith is one of the lower pop servers amirite? If so, then making gold will be harder.

next Id like to say that you should look for items that have complimentary stats such as open lock with disable device, search and spot, and spell schools with one stat base spell points and the other crit. Items like this i post for 100k and usually have no trouble selling them. Underwater action items will fetch you a lot, so will tomes. Vorpal items not so much, but a good paralyzing battle axe is worth another 100k.

Things to vendor would be stuff with low stats on lesser used skills that are not complementary, such as sundering with spell penetration, that sort of thing.

Also on my server greater essences sell for 1k each easily. I see the posts here and i feel they are lowballing you. Keep in mind that there are two kinds of players: rich and noob. If a player is rich they will pay a high price for good loot, because money is not an object. It might sound unfair but when you think of it, everyone had to work their wallets up the same way. Trust me when I say there are players that have no qualms spending 100k on a random item if its good.

[harmlesslarry]

One other thing, if you think that a piece of loot is good then post it for 10 to 20k. You arent losing much if it doesnt sell, and youre then able to see what will sell and what wont. I once had a guy ask me for gold and he said he doesnt bother selling on AH for 5 to 10k and I said thats not the right way to look at it. Everything is worth something to someone.

Oh and also if your essences do sell for 1k on your AH then deconstruct items. Fast way to get them.

[Adurna]

Thank you guys, for your help and tips!

I'll try to keep all your advice in mind.

About these essences tho, they're the ones from cannith crafting? I tried to look into it and deconstruct a few items. Not sure exactly how it works but I've set aside a few guides to read. Is it better to deconstruct common items than sell them?

[cdbd3rd]

I for one will endorse Ulfo's point as I won't waste my time bidding on an item when I know for a fact I'll be gazumped 1 minute before the Auction ends!...

While Ulfo's presentation was a bit harsh, I agree that buyouts are recommended. Set a buyout for an amount you hope your bids get to. It doesn't cost extra.
I rarely even bother looking at non-buyout items, either.

...
About these essences tho, they're the ones from cannith crafting? I tried to look into it and deconstruct a few items. Not sure exactly how it works but I've set aside a few guides to read. Is it better to deconstruct common items than sell them?

Yes, the essences are used for Canith Crafting.
Deconning your items nets plat** as well as essences. If you're not in a huge rush, always take the time to decon your vendor junk.


**- though the plat-from-decon process is a bit bugged atm, and sometimes we're not getting our plat portion.

[Sunnie]

I prefer to sell by setting a low starting price and by not listing a buyout price. List the item for 3 days. That lets the market determine the price and you don't set the buyout too low that way. I set the starting price at about what the item sells for to a vendor -- rougly 30% of base price for most of my characters.

Then you're not selling to me, if I need an item, I need it now and not in 57 hours at 4 in the morning. And if it's a good item someone will bid over me anyway, why even bother? If I bid early I just end up having to run to a mailbox, get the plat back, place a new bid on the item, get overbid 10 minutes later, run to mailbox.... Screw that. Buyout or bust!

Besides, nothing prevents people from bidding on items even if they have a buyout. So set it at what you think is "acceptable-high". At worst you get the bids you'd get anyway, at best you make a nice profit.

[Stoner81]

I just gave the OP 1 million plat since I was capped on all my characters and have nothing to spend it on so figured might as well help some folks out

Stoner81.

[Ulfo]

I just ran 3 quests with my L21 character and banked 200k plus a level.

I have... shadow of doubt here.

What exactly 3 quest you run for banked 200k? I ask because only yesterday I run full LoD EE, sell stuff with my highly charismatic bard and skill boosts to ES vendors... and it give me only about 38 k - more than 5 times less. So? 8)

**- though the plat-from-decon process is a bit bugged atm, and sometimes we're not getting our plat portion.

In reality, personally i think we don't must have any plat return here. Here must be money sink, not money fountain. At least, we rent deconstruct device from house Cannith, why they must give any money to return? 8)

[Baktiotha]

I just gave the OP 1 million plat since I was capped on all my characters and have nothing to spend it on so figured might as well help some folks out

Stoner81.

Well, that is the fastest method.

[Baktiotha]

I have... shadow of doubt here.

Alright, a bit of an exaggeration. When I typed it I really thought I'd made about that but I was back in the game today and in 4 quests I managed to pull ~66k plat. That's about 2 hours playing, gaining XP and making a level (from 21 to 22) -- although not all the level was due to just those quests.

I did try the suggestion on selling greater essences. I have to admit that at 400 plat per essence that what I put on the AH sold within an hour. I sold in lots of 100 essences when I could. Small lot of ~10 still waiting to sell. I'm on Orien.

Essences do take a bit of time to build up so maybe smart to transfer to a single guild mate and let them post for the group.

For other items I tried listing 8 hours with a buyout and sold 1 item far below buyout and the other went unsold. I think if I'm selling well below buyout that it might be better to leave it on the AH -- but I'll have to try two of the same things, one with 8 hours and one with 3 days to see. I think I have some collapsed portable holes or maybe large bags laying around to try it on. Have to go look.

Anyway, looks like about 3k/character level per quest and selling essences definitely works at 400 per essence buy outs.

[kanordog]

I just gave the OP 1 million plat since I was capped on all my characters and have nothing to spend it on so figured might as well help some folks out

Stoner81.

That's a nice gesture.

My only question is that what level is their guild? Coz the plat ship below level 70 is only 360K plat. Below 40 is only 50K and not many room for amenities on them.

I think Stoner just sorted the whole thing out...