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economy of herne

#1
economy of herne now, the average prices for the following items:
moon disc 700G , sun disc 1000G , oak disc 4000G, elm disc 7000G, crown disc 10k , dragon disc 25k , idols 200G, Super knowlegde 3k, super combo 7k, serpent crest 10k, hound 15k, hawk 20k , stags not fixed 25k-50k , bears 60k-70k, lions 80k-100k and orbs of frost are getting plenty of demand which shift the demand curve up and supply is decreasing making the supply curve shift to the left increasing its price using economics theory it will be around an average price of 5k each and depends if u buy it in economies of scale which is buying in huge bulks.
Have fun by God's will

Re: economy of herne

#2
Moon-1k Dropped by- Fellfire, Crystalmist, Chillmist, Charfire,
Sun-1k Dropped by- Crumblehorn, Fellfire, Charfire, Spirehoof, Crystalmist, Chillmist,
Oak-2k Dropped by- Shimmerspell, Starspell, Spirehoof, Chillmist, Crumblehorn
Crown-15k Dropped by- Falgren, Brutus, Starspell, Spirehoof
Elm-20k (maybe 15k) Dropped by- Shimmerspell, Starspell, Spirehoof, Crumblehorn
Drag-50k Dropped by- Falgren, Brutus
Crests are sold at a variety of prices, almost always depending on whenever someone shouts to buy it, so usually they are somewhat desperate so they get a desperate deal
orbs are 1k-2k each, depending if someone is desperate. Then they can go up to 12k each
all plat items are 200 each. So... idols are 200 each, super knowledge are 3k each, and super combos are 6k each.


this is the economy of belenus according to myhairisblue ign
Have fun by God's will

Re: economy of herne

#3
Moon-2k Dropped by- Fellfire, Crystalmist, Chillmist, Charfire,
Sun-2k Dropped by- Crumblehorn, Fellfire, Charfire, Spirehoof, Crystalmist, Chillmist,
Oak-5k Dropped by- Shimmerspell, Starspell, Spirehoof, Chillmist, Crumblehorn
Crown-10k Dropped by- Falgren, Brutus, Starspell, Spirehoof
Elm-20k (maybe 15k) Dropped by- Shimmerspell, Starspell, Spirehoof, Crumblehorn
Drag-35k Dropped by- Falgren, Brutus
Crests aren't sold, orbs are 4k each, all plat items are 200 each. So... idols are 200 each, super knowledge are 4k each, and super combos are 8k each.

this is the economy of sulis.
Have fun by God's will

Re: economy of herne

#4
Most is correct for me anyways as these are the prices i usually sell at except for the stags, bears, and lions i can easily see bears going for about 80-100k stags 40-60k each lions depends on the class imo. There also other factors mainly the fact that there are limited sellers which could raise the price depending if its a seller or if its a buyer that initates the sell.

Re: economy of herne

#6
Hi Mike.

I'm not going to comment on the price of drops... as I have no idea what they go for.

But I think your plat items prices are WAY too low. If you are selling for some of those prices, you are throwing your money away.

3000 for an SK, for instance, doesn't make economical sense. That works out to 150 gold per plat! You can get more gold by converting plat into gold in the item shop.

3500 for an SK is a bargain, and I might sell for that price to someone I know, but 4000 is more realistic.

Similarly, 7000 for an SC is also tossing your money down the drain. 8000 minimum.

Yes, buying 10 packs brings your cost down, but if you are selling you are a retailer. No retailer sells items at cost.
-------------
Dersu of Herne
lvl 135+ Druid (Double Helix Build)
Clan Infection... of the Britannians family of clans.

Re: economy of herne

#7
Hi Mike.

I'm not going to comment on the price of drops... as I have no idea what they go for.

But I think your plat items prices are WAY too low. If you are selling for some of those prices, you are throwing your money away.

3000 for an SK, for instance, doesn't make economical sense. That works out to 150 gold per plat! You can get more gold by converting plat into gold in the item shop.

3500 for an SK is a bargain, and I might sell for that price to someone I know, but 4000 is more realistic.

Similarly, 7000 for an SC is also tossing your money down the drain. 8000 minimum.

Yes, buying 10 packs brings your cost down, but if you are selling you are a retailer. No retailer sells items at cost.
This is true but the problem is competition there are other sellers who sell for these prices and if some change the value ppl dont buy and seeing as many of the sellers that shout in ow usually are lower lvls and this is their only stable gold income it limits the ability to raise prices. Many would rather sell fast then wait ages to have the price go up which again limits the ability to raise prices.

Re: economy of herne

#8

This is true but the problem is competition there are other sellers who sell for these prices and if some change the value ppl dont buy and seeing as many of the sellers that shout in ow usually are lower lvls and this is their only stable gold income it limits the ability to raise prices. Many would rather sell fast then wait ages to have the price go up which again limits the ability to raise prices.
It is of course true, though I suspect that the majority of people selling SKs for 3000 are kids who got an iTunes apple for their birthday, and have no idea what they are doing.

You are right that I sometimes have to wait for a buyer to accept my price... but I don't sway much from it. If someone is offering me 3k, or says so-and-so is selling for that price, I simply tell them to buy from so-and-so.

I guess it helps that I am not actively selling plat items (I only occasionally respond to shouts of buying) so I have a leg up. Still, people who sell plat need to get on the ball about the real worth of their items.
-------------
Dersu of Herne
lvl 135+ Druid (Double Helix Build)
Clan Infection... of the Britannians family of clans.

Re: economy of herne

#9
Well i guess it all depends on how u want to look at it ppl who buy plat to make gold are making more gold then what OTM has set the exchange rate for. What i mean is $100 gets u either 4000 plat or 500k so OTM exchange rate per plat is 125 gold so a single sk for 20 plat is 2.5k so selling a sk for more then 2.5k is making more then what OTM has set for plat to gold. At 3k or even 3.5k they already are making more gold then what the plat store offers which servers both sides the plat buyer who wanted gold and the ppl who dont spend cash who gets the items for gold. Now u can also buy in bundles which farther increases the profit range. So logically these are far prices until the plat:gold rate is change.

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