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Appropriate Ingot Prices?

PostPosted: Mon May 10, 2004 2:55 am
by Bayn
What are the appropriate ingot prices these days? From what I can find in the Vendor Search, the following seems average?

bronze ingots at 4 each
dull copper ingots at 5 each
copper ingots at 6 each
pyrite ingots at 8 each
rubysteel ingots at 20 each
bluesteel ingots at 20 each
oynx ingots at 9 each
malachite ingots at 8 each
azurite ingots at 14 each
iron ingots at 3 each


Everyone still selling approximately for that?

PostPosted: Mon May 10, 2004 5:45 am
by Elwen Dragonfire
I think its about that much bayn. Lagger sells them (or use too) so you could ask him to find out for sure. But im pretty sure you are right. :)

Elwen

PostPosted: Mon May 10, 2004 9:46 am
by Bassett
I used to sell some of the ingots for slightly cheaper, but now that we got the deeds: i pulled metals out of my vendor and started whacking deeds :)
Nowadays you can get slightly more profit from making deeds than selling metal at those prices.

PostPosted: Mon May 10, 2004 12:40 pm
by martijn
Ore market is flooded, almost every market is flooded

i sell far below the average prices.....and get more customers...



law of keynes:
high demand > high prices, low demand > low prices; high sellers>low prices, low sellers>high prices.....

Martijn

PostPosted: Mon May 10, 2004 1:34 pm
by Bayn
martijn wrote:Ore market is flooded, almost every market is flooded
i sell far below the average prices.....and get more customers...


On the contrary, the ore market is wide open at the moment. The new smithing deeds have created a demand that miners are unable to keep up with at this specific moment in time. I don't sell my ingots publicly anymore, it is all I can do to keep up with a couple individuals. Even after buying ingots they make excellent profit from the new smithing contracts.

If you sell far below the average price I'd be happy to buy your entire inventory. Iron at 1 gp each and so on?

PostPosted: Tue May 11, 2004 11:43 pm
by Herakles
LOL do I hear half a gold piece per iron ingot??? :wink:
I know what you mean though about not being able to keep up. Unfortunately, with rl work and doing 5 12's for the week, leaves little time for me to mine. Hopefully there'll be a break in the action soon.....

Lord Herakles