Why are your surprised item prices are rising?

[Castle2.0]

Plat accumulates easily and can be farmed in many different zones and mobs. You gather plat from level 1 to 50 and beyond. Some spots are better than others, but plat is a very common drop from nearly every NPC.

Items like GEBs, Mithril Sword, etc. can only be gotten at a single camp from a single mob on a single timer, by a single person.

Increased population means:

More people with platinum want to own these items (availability of buyers drives price) "I keep getting outbid, I will have to increase my price to win an item."
More people wanting to camp these items, therefore less chance for each person to camp them due to longer lines (camping opportunity drives price) - "If I can't camp it, I might buy it."


Purchasable legacy items (Rubicite BP and Manastone):

Most people expected a Kunark merge. We merged earlier than expected, meaning we went from 2 camps to 1 camp per item. (availability of item drives price)
With increased population and half the list camps, /listing will lead to longer times waiting on list (time spent camping an item drives price)
We are only getting closer to May when they stop dropping (availability of item drives price) -- expect a bigger jump in price when that patch goes live
See other above points on items rising prices in general


Yes, we have seen some crazy prices, but we shouldn't be shocked at the general trend of item prices rising, Rubicite BP and Manastone in particular.

On the bright side. 5ac/55hp ring prices will come down very soon with the SolRo patch ;)

I might not sell you Manastone, but I am selling my Rubciite BP :cool: PST bros

[Siege]

I doubt any of those big-ticket items are being purchased by people who use them. EC tunnel is a human centipede of item farmers and fatcats.

[tommydgun]

as an economics major i can tell you that you are describing the market forces at play completely wrong. you are pretending there are only demand shifts, but there was also a supply shift as the total items in the server essentially also doubled with the merge aka "supply shift" which would at the same time as your "demand shifts" move prices down. you could try to argue that prices would rise in the future because the inflow of items is now reduced by half because there are half the spawns that two servers would produce, but this would also be a restriction on incoming platinum, which again would reduce buying power and price. so really, the net difference is ambiguous with both demand and supply shifts occurring simultaneously, but really prices probably shouldn't have changed.

[ravinz]

Coming from Teal, my initial impression was that many prices had dropped. More sellers in EC leads to some amount of price competition.

[Smellybuttface]

as an economics major i can tell you that you are describing the market forces at play completely wrong. you are pretending there are only demand shifts, but there was also a supply shift as the total items in the server essentially also doubled with the merge aka "supply shift" which would at the same time as your "demand shifts" move prices down. you could try to argue that prices would rise in the future because the inflow of items is now reduced by half because there are half the spawns that two servers would produce, but this would also be a restriction on incoming platinum, which again would reduce buying power and price. so really, the net difference is ambiguous with both demand and supply shifts occurring simultaneously, but really prices probably shouldn't have changed.

Yes, but the demand shift remains constant, whereas the supply shift is temporary as the items incoming from Teal are finite. Once the market deals with that small surplus, it will return to an equilibrium, and will invariably result in higher prices as demand outpaces supply due to the heavy limitations on supply. Incoming platinum is relatively constant, as all players are still receiving platinum at a steady rate assuming they’re actively playing the game while logged in.

[kjs86z]

EC tunnel is a human centipede of item farmers and fatcats.

[Nirgon]

Fat cat aka someone putting in effort instead of complaining.

There's the people who happily play casually, and then the jealous, angry casuals and they are the worst. People like them are how you get rooted dragons in TOV.

[thesoundofmerk]

Item prices will drop, more competition, less plat income because plat camps are taken, if you actually want to sell items they are gonna have to lower prices now, it makes sense, its just too soon to tell

[BlackBellamy]

Coming from Teal, my initial impression was that many prices had dropped. More sellers in EC leads to some amount of price competition.

The OPs statement only applies to his limited experience on Green. Of course the prices will drop for nearly half the population and stay that way.

[Erati]

everyone marked up items 500-1K and hoped no one would notice since its people from the other server

[zaneosak]

Items went up and they also went down...... They went up over the last 2 months in general on green. They went down for Teal players in the merger in some cases.

Example: I farmed 3 reed belts before I was 50. Like 3.5-4.5 weeks into launch. I sold one for 1.5k , one for 2k and one for 2.5k , all to level 50 druids and each one went up in value due to available plat those players had and not that many things to spend it on.

Reed belt now is 4.5k to 5.5k easy. From what the Teal players I talked to tell me it was like 8k on teal. More people camped it on green so supply was higher but more people will spend a shit ton on it due to having 10s of thousands in the bank three months in.

I'm sure this is similar for all items.

[Erati]

Items went up and they also went down...... They went up over the last 2 months in general on green. They went down for Teal players in the merger in some cases.

Example: I farmed 3 reed belts before I was 50. Like 3.5-4.5 weeks into launch. I sold one for 1.5k , one for 2k and one for 2.5k , all to level 50 druids and each one went up in value due to available plat those players had and not that many things to spend it on.

Reed belt now is 4.5k to 5.5k easy. From what the Teal players I talked to tell me it was like 8k on teal. More people camped it on green so supply was higher but more people will spend a shit ton on it due to having 10s of thousands in the bank three months in.

I'm sure this is similar for all items.


The reality is people are hoping their items are worth more with the sudden merge.

It's worth a shot, all theyre doing is typing out a higher price and hoping.

More power to them, but the real power is with the consumer.

[BenDerisgreat]

I could not help but LOL at the guy trying to sell dwarven work boots for 1.2k

[TripSin]

You know what kind of boggles my mind, and I'm being serious here - trying to imagine what it would be like if the people who waste their lives completely obsessed over accruing fake video game currency and pixels in an emulator of a 21-year-old game instead of being neets in their parents basement put that same energy and zeal towards acquiring actually useful real world currency.

Sure, it's not as easy to get real world currency but you can spend it on such better things. Most equipment in EQ isn't even noticeable. Reed belts? 5 wis, 10 hp, 6 AC? Like that's really going to do jack shit? Like most items, can't even see it on your character. You would need a LOT more than that to even cast one more spell and ONLY in the situation where you're going from FM to OOM. You would need a lot more than that to even survive a SINGLE more hit. Or what else do people waste ridiculous amount of pp on? Gonna drop tens and tens of thousands of plat on an FBSS and a bunch of other haste items so instead of being 1/10th the DPS of a charmed pet you can be 1/9th of one? When I see someone with a flaming sword sitting AFK in the EC am I admiring them? Not really, I'm wondering when the last time they went outside or took a shower was.

Our world is nonsensical :D

[BlackBellamy]

I could not help but LOL at the guy trying to sell dwarven work boots for 1.2k

What a weird thing to laugh at. That's the regular asking price for the last month.

[Tecmos Deception]

You know what kind of boggles my mind, and I'm being serious here - trying to imagine what it would be like if the people who waste their lives completely obsessed over accruing fake video game currency and pixels in an emulator of a 21-year-old game instead of being neets in their parents basement put that same energy and zeal towards acquiring actually useful real world currency.

Sure, it's not as easy to get real world currency but you can spend it on such better things. Most equipment in EQ isn't even noticeable. Reed belts? 5 wis, 10 hp, 6 AC? Like that's really going to do jack shit? Like most items, can't even see it on your character. You would need a LOT more than that to even cast one more spell and ONLY in the situation where you're going from FM to OOM. You would need a lot more than that to even survive a SINGLE more hit. Or what else do people waste ridiculous amount of pp on? Gonna drop tens and tens of thousands of plat on an FBSS and a bunch of other haste items so instead of being 1/10th the DPS of a charmed pet you can be 1/9th of one? When I see someone with a flaming sword sitting AFK in the EC am I admiring them? No, I'm wondering when the last time they went outside or took a shower was.

Our world is nonsensical :D

Truly, you have found the answer to the meaning of life. Where has this wisdom been over the past thousands of years? Why have almost all of us been pointlessly pursuing our individual interests instead of the interests that some other, random person thinks we should pursue instead? OH GOD, ALL THE WASTED TIME!!!!

[Erati]

You know what kind of boggles my mind, and I'm being serious here - trying to imagine what it would be like if the people who waste their lives completely obsessed over accruing fake video game currency and pixels in an emulator of a 21-year-old game instead of being neets in their parents basement put that same energy and zeal towards acquiring actually useful real world currency.

Sure, it's not as easy to get real world currency but you can spend it on such better things. Most equipment in EQ isn't even noticeable. Reed belts? 5 wis, 10 hp, 6 AC? Like that's really going to do jack shit? Like most items, can't even see it on your character. You would need a LOT more than that to even cast one more spell and ONLY in the situation where you're going from FM to OOM. You would need a lot more than that to even survive a SINGLE more hit. Or what else do people waste ridiculous amount of pp on? Gonna drop tens and tens of thousands of plat on an FBSS and a bunch of other haste items so instead of being 1/10th the DPS of a charmed pet you can be 1/9th of one? When I see someone with a flaming sword sitting AFK in the EC am I admiring them? Not really, I'm wondering when the last time they went outside or took a shower was.

Our world is nonsensical :D

hah 5 wis 10 hp on a belt is actually insane

get a load of this guy

[Tuljin]

Reed Belt really isn't a great item for 5k but people are willing to pay a "BiS Tax." Also Druids have made a killing on ports and they do have some money to throw around. 5wis 6ac and 10hp is nowhere near worth 5k lol.

The one glaring factor that even the economics degree holders fail to mention is -inflation-

Platinum is decreasing in value by the second. These items are becoming increasingly abundant by the day. The economy as it stands is basically trading item-for-item at the top end (FBSS 20k, Mith 2 Hander 20k, Rubi BP 20k) and everything else is essentially junk. If you make 5k extra off a top item sale, that 5k will only buy you what is essentially "junk" and will inevitably crash in value (jewelry and not very rare droppables) That extra 5k isn't enough to get you another "good" item.

There are SO many more Rubi BPs farmed on this server than on Blue. The number of them has just doubled. They don't even sell for 20k. Monks can't even wear it. Fungi will render it completely obsolete. So let's say in November they sell for 50k (they won't) Even if you could get 50k in November....does that 50k have more buying power than 20k today? You could buy a whole Rubi set on Blue for 50k in 2012 plat.

You could buy a Manastone for around 250k in 2013 plat on Blue. There are TONS of them on this server today. I know at least one has sold for 60k. Everybody is holding out for essentially nothing. "250k" will buy you another top item....or more junk than you'd possibly know what to do with. Account sales are now banned so that's not an option like it once was.

People farm Fungis, they wanna trade Fungi for Manastone (even though manastone doesn't work outside old world). It could sell for "100k" or "200k" it doesn't matter. Without invis pull and the fact that people need levels and keys to farm Spore King it will be quite some time before Fungi is permafarmed. Here's the whole thing --- ~~~~~~~~manastone isn't even rare~~~~~~~~

It will always be top item for top item, everything else is junk. Platinum will inflate, item prices will rise but they wont outpace inflation. "Holding out" or trying to control the market is ridiculous, there's far too many of the items out there and far too much coin out there.

The only real price control going on is guild members of ~~~~~~~~~~~ rAiD gUiLdS~~~~~~~~~~~ price gouging their own guildies and everybody else sadly has to pay the price.

[Doktoor]

You know what kind of boggles my mind, and I'm being serious here - trying to imagine what it would be like if the people who waste their lives completely obsessed over accruing fake video game currency and pixels in an emulator of a 21-year-old game instead of being neets in their parents basement put that same energy and zeal towards acquiring actually useful real world currency.

Sure, it's not as easy to get real world currency but you can spend it on such better things. Most equipment in EQ isn't even noticeable. Reed belts? 5 wis, 10 hp, 6 AC? Like that's really going to do jack shit? Like most items, can't even see it on your character. You would need a LOT more than that to even cast one more spell and ONLY in the situation where you're going from FM to OOM. You would need a lot more than that to even survive a SINGLE more hit. Or what else do people waste ridiculous amount of pp on? Gonna drop tens and tens of thousands of plat on an FBSS and a bunch of other haste items so instead of being 1/10th the DPS of a charmed pet you can be 1/9th of one? When I see someone with a flaming sword sitting AFK in the EC am I admiring them? Not really, I'm wondering when the last time they went outside or took a shower was.

Our world is nonsensical :D

It's always made me SMH, the never-ending amount of hypocrisy from people who play the game and then chastise other people for doing the same.

[cd288]

It's always made me SMH, the never-ending amount of hypocrisy from people who play the game and then chastise other people for doing the same.

Lol

[Tecmos Deception]

Reed Belt really isn't a great item for 5k

It's the only fucking wisdom belt.

And a few extra ac or whatever isn't worth it compared to the wisdom and some HP.

[Tuljin]

It's the only fucking wisdom belt.

I know that dude lol, hence the "BiS tax." Wisdom is a shit stat but put it in a diff slot suddenly people with port plat pay 5k. Same thing with the odd overpriced Druid tunics. You pay way less money for the same stats in other slots.

[Strawberry Swirl]

I am low level but these items are camped 24/7 and will be farmed everyday forever lowering their value, i think the first few of each item will sell for the most and the value will steadily go down. Also by level 5 i made 100p just selling the crap i got from monsters and didnt buy anything other then rations and water.

[Erati]

If Bilge had a normal dungeon static ph his loot would be half as valuable.

You pay for the shitty nature of his camp. Same w GBS, theres 2-5 people tracking it every night cycle.

[Tecmos Deception]

I still have a hard time saying it's a BIS tax when it's literally the only wisdom item available. Nearly the AC of anything else for a sham. Perfect for a druid. Still the best option for a manastone cleric chasing max hp. People pay twice as much for 9 wis boots and 2/3 as much for 9 wis paw of opalla, etc. It seems pretty appropriate to me, even if it isn't the first thing you're going to look for when you're twinking a new wis caster on a budget.

[KungFusion]

How about lower tier items as another measure of the economy on green.
Pre-merge on green i was buying HQ bear skins for about 10p each and selling HM Baackpacks for 20p each.
Last night, 3 days into merge, i saw HQ bear skins being bought for 20p and HM Backpacks selling for 40-50p each. Upon asking the seller how the backpacks were moving at 40p, he said that they sold with no questions asked.
Never played on blue here, but noticed on auction tracker that skins and packs were auctioning for significantly more on blue than on green/teal.

What this all means, i dont know. But i feel like the items that sell in higher volume and those price fluctuations mean more than the fluctuations on Big Ticket items that have much lower volume of movement.

EC Tunnelquest! Woohoo!

Please share your thoughts on this end of the economy, I am very intrigued. Seems much more interesting than the big ticket items that are accessible to a smaller percentage of the population.

[BenDerisgreat]

What a weird thing to laugh at. That's the regular asking price for the last month.

I've flipped 3 pairs in the last month, ranging from 450p to 600p.

[Tuljin]

Please share your thoughts on this end of the economy, I am very intrigued. Seems much more interesting than the big ticket items that are accessible to a smaller percentage of the population.

It means the value of plat is rapidly decreasing, especially now with the merger where the amount of coin and items, common and rare alike, have doubled. These items are way more on Blue because plat has had a decade of inflation.

I've flipped 3 pairs in the last month, ranging from 450p to 600p.

Dwarven Work Boots also get a "BiS tax" because of being the top tradeable twink item. Idk if these are Green or Teal prices but you can still get 900-1000 for them on Green. The prices went this high from the 500 they were going for back in November because of.....inflation lol. Inflation and guildies price gouging themselves.

I don't care if things get priced out to where "casuals" can't afford them, it's just baffling to me that the prices of all these things skyrocketed because of people selling these items to...people in their own guild. They're so expensive that you can't EVEN screw other people, the only people you can gouge is your own guildies. Makes ya think, doesn't it?

[Gustoo]

I love people trying to get best in slot in classic. Its cool to max out but also try to have fun. If you are having fun and getting BIS in classic you won't be making threads like this. So if I am not talking to you, I am not talking to you.

If I am talking to you, have some fun and chill.

Dwarven work boots were always too expensive to be worth getting through all phases of EQ. They are a really cool item. Classic is the best.

[Strawberry Swirl]

i always see dwarven work boots for 250-500p???

maybe im misisng something

[Phaezed-Reality]

items are the worst part of p99, prove me wrong.

[Siege]

items are the worst part of p99, prove me wrong.
The economy that has built up around items on P99 is the worst part because it's manipulated by people who never leave EC tunnel. The items are just a tool that they use to make themselves the George Soroses of EverQuest.

[Frug]

i always see dwarven work boots for 250-500p???

maybe im misisng something

My EC mule has not seen any that low (250) in 2 months. Do you have any logs to back up this assertion that I could use to make my auction parser better? (There is a chance I missed an auction while playing, but I haven't played in weeks.)

"always", and "250" seems like a bit of hyperbole, however.

https://unixgeek.com/prices-P1999Green-DwarvenWorkBoots.html

[tommydgun]

the lowest DWBs have been is 400 on teal before the merge... i watch the auctioner twitch channel all the time when i play. 400-500 is about what DWB is worth imo... this 1.2k bullshit is idiotic. sure they are "BiS" but not by much. you can't use BiS to describe both items like DWB and FBSS because it is very misleading to value.

[Natewest1987]

I doubt any of those big-ticket items are being purchased by people who use them. EC tunnel is a human centipede of item farmers and fatcats.

this visual though

[Asteria]

Fat cat aka someone putting in effort instead of complaining.

There's the people who happily play casually, and then the jealous, angry casuals and they are the worst. People like them are how you get rooted dragons in TOV.

To be fair, I don't think I'm alone in thinking the enforced/coded FTE for raid mobs on blue was not very classic at all. Variance plus that made alot of unhealthy adults do a lot of very unhealthy things for years - I'm talking about the "lucky" raid guild scouts/trackers. It is no wonder so many posters here whole lives are this emu game and/or special places on the internet.

I hope at least you guild leaders gave your scouts Tremendous pixels in return for enabling that level of obsession.

[Asteria]

items are the worst part of p99, prove me wrong.

Yeah...pixel lust does crazy things to some dedicated players. If I had an addiction to playing this w friends or family, I could always fimd something to do besides staring at walls for a raiding guild or staring at walls in tunnelquest to profit.

The pathology involved in people raid mob tracking for years I find more disconcerting than tunnelquest as long as tunnelquester is making some kinda progress at a ateady rate.

[Asteria]

3 months of guard platinum (especially HK), treants, mesh armour plat, Fs/bronze, giants plat, Ore plat (HK & SolA), WK bandit sashes, Rabid grizzly quests, Lightstones + more....ta da!! Server is flooded with platinum compared to the 1st month or 45 days when we were all low-platinum poor Elves and trolls.

Prices were cheap when we were poor and demand was lower. People just wanted to level and get /list items in the old days.

Things change quickly on a fresh server, this is the new normal.

[zaneosak]

People saying Items should be X amoun per stat are so short sighted. So many things go into item pricing. Rarity, Difficulty to obtain, time to obtain, stats, stats for different classes, slot alternatives. Reed belt is the only wisdom belt in the game, saying wisdom is a shit stat is not an argument, you're going to try to cap your wisdom anyways so you want the only wisdom slot you can get. If there was a +25 hp +30 mana waist in the game reed belt would be worth 500pp because people would use other slots to cap their wisdom. The slot and slot alternatives can drive a price way up. Also the fact that people are sitting on tons of plat.