So long story …
I decided to get into the Vial of the Sands.
1 month before I got the recipe – I was already buying up all the mats.
I set my purchase price for pyrite at 60-75G.
That was the average low point I noticed over 6 months of looking.
When I FINALLY got the recipe, I had enough pyrite to make 4 (but I wanted 6)
I noticed that ALL the ingredients for the Vial are easy to farm except Azshara’s Veil and pyrite.
Last weekend, I needed 2 more vials, but I also decided that I “need” a stack of 150-200 True Gold to keep my business viable.
Maybe it was me buying up all the cheap pyrite for a month, but I noticed prices just weren’t there.
The cheapest stuff was selling 80-100.
Well I started buying all that up – for 3 days straight – every ore under 100.
Well, early this week, all the pyrite and pyrium on my market disappeared.
The prices of Vial of the Sands also went up from 55K to 70K.
There are at least 20 people on my server who can sell it.
I also noticed True Gold go up from 1200-1400 to about 2000.
Somebody listed 50-60 pyrium bars for 750! Then every seller with any pyrium left started listing right under them.
Pyrite followed suit and people started listing for 300 per ore …
Well, I would never pay those prices, so I waited a few days till it finally went all the way back down to 110.
Then yesterday, it all disappeared again … every ore from 110-200.
Within a few hours, people listing at 200-300 per ore again.
Frustrated, and running out of Vials to sell …
I decided to try to go and get it myself.
In the past, I had tried and vowed never to do so again.
I have 2 alchemists who can give me 6 bars a day.
Except 1 is horde, the other is alliance, so really only 3.
Great … that is 1 Vial per 12 days.
If you use a potion of treasure finding to farm water elementals for an hour you can make up to 10,000 per hour and get 10-15 pyrite from the “small treasure chests”.
I have good routes for Twilight Highlands and Uldum for mining pyrite, but honestly, there is no way to control how much you get.
I end up with stacks of elementium.
You’ll get 10-30 pyrite per hour. 30 is a great haul.
I also noticed, like titanium, when you see 1 pyrite vein, it’s good to double back and do a wide circle because you are likely to find a 2nd one close by.
I have hundred thousands of every other mat, even Ashvera’s Veil.
Pyrite is still a problem.
If the vial goes all the way up to 75 or 80K, I could STILL make a profit buying pyrite at 200 per ore.
However, the 6 months I’ve been on this small server, the prices have always been 65-125 Gold.
The idea of encouraging the prices to stay at 2-300, by buying in bulk at 200 – seems like an unwise strategy.
Am I missing anything here, is there anything else I can do?
- I check the auction house like crazy for pyrite & pyrium under 100 & 200.
- I have an alchemist transmuting daily since March of 2020.
- I am running routes in Twilight Highlands, and Uldum for 10-30 and hour.
- I’m using the potion of treasure finding to pull another 10-20 an hour while farming volatile water.
- I know when mining if I see 1 vein, there seems to be a chance for a 2nd vein very close by.
Is there anything else one could possibly do?
Except level like 4-5 more alchemists?