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Black Lion Underground - 05 October 2012

October 5, 2012 - 11:28am -- Xerin
Black Lion Underground

Well that didn’t take long to make money.  Here I was only several days ago back on the path to poverty after taking an amulet gamble, only to find myself relatively rich, having leapt from around 60s to 17 gold. It’s also nice knowing that I’ve products worth 5 gold wrapped up in the Trading Post that I can draw down at any moment. 

You would think it difficult to make money and I was beginning to sweat at little at the thought that this column would fail to find any unique or interesting ways of making money.  Squeezing profit margins out of any item on the trading post is incredibly tough, especially with the steep sales taxes (far too high in my opinion).  But, there is one item that sells well and continues to sell: Globs of Ectoplasm.

If you didn’t know, these are a rare item required for the majority of high end crafted items or armour and are a much sought after commodity.  To obtain them, the general method is to salvage rare items above level 68.  This poses a primary question; How do you easily obtain level 68 rare items without breaking the bank?

There are a couple of options to this, with the time consuming method simply being to grind high level monsters with magic find items equipped.  This is cost effective but is also incredibly dull. What I have done instead is found that spears and tridents aren’t sought after, and tend to sell incredibly cheaply on the Trading Post (as little as 19 silver).  Placing buy orders for as little as 15 silver will see five cost around 75 silver.   I then salvage these items in the hopes of obtaining Globs of Ectoplasms.

Having tested this extensively, the level of the item (as long as it is rare or higher and level 68 or above) has the same chance to yield 0 to 3 Ectoplasms as that of a level 80 rare item.  The fact that Harpoon Guns and Spears aren’t on many peoples agenda makes them even more lucrative as they are cheap to pick up and provide just as many Globs of Ectoplasms as any high level weapon.

Orichalcum Earring

 

To apply some perspective here and using a Mystic Salvage Kit (Black Lion Kits work just as well) I bought and sold Ectoplasms all the way to where I am now. Out of 40 salvaged items, I managed to obtain 69 Ectoplasms.  I then turned a large proportion of these Ectoplasms into Ruby Orichalcum Earring of the Berserker which sell for around 2g and 70s each (with a total construction cost of around 1g). Including the original purchase price of the weapons (around 75 silver) there is a considerable margin.

Is there a risk to this Ectoplasm gambling? Yes.  You might not get an Ectoplasm every single salvage.  However, as a single Ectoplasm bought from the Trading Post can cost you as much as 18s and 58c it is surely better to take a risk on obtaining 3 through salvaging than it is to just buy 1.

I must add that it has yet to fail me, having always broken exactly even (5 Ectoplasms from 5 weapons, although not necessarily from each weapon) or considerably better (I once received 13 Ectoplasms from 5 weapons; 2g 41s worth of items for a 75silver fee).

Tip of the Day

During all this, I have also been purchasing Onyx Shards. They can be bought in a buy order for around 6s 61c and can be listed and sold for around 8s 55c (or a little more) making around 65c profit per item.  Although this is small, selling 25 can make you 16 silver in a matter of minutes.  I’ve sold around 200 in the last few hours,making a clear profit of 1g 31s.  

Onyx Shard

Comments

Ayelet
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Joined: Jul 12 2012
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Thank you.

Sir Cusfreak
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People aren't believing me, but I swear to you that item level 68 is not required to get ectos. It may be far, far more likely, but my first ecto came from a level 14 WHITE staff - and with a basic kit. I wish I could prove it. I can't, but I have no reason to lie about it. Its a fact. Wiki says level 68 too, but that isn't true - they CAN come from low level equipment as well.

Believe it or don't, but I've seen it with my own eyes.

 

 

Lewis B
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Really? Don't excite me like this! Perhaps it was a bug? I've never had a single Ecto from anything less than 68 and that's using Black Lion Salvage Kits... 

Maybe low level items have a tiny, tiny chance? 

Ayelet
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It might very well be a bug, but my girlfriend's first ecto came from a white chest piece with a basic (not crude) salvage kit.  We marveled at it.  I would guess that the odds are pretty dang high.

Nyth_
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Hah... what a (almost) ridiculous jump from last post where you had under 1g to twentyfold it to this.

I'm still learning to play the AH, but this seems like a solid way to make some gold; I'm free this weekend so hopefully there will be a lot of cheap rares/exotics going on the AH.

Lewis B
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I was actually starting to worry that I wouldn't be able to make this article work or pay simply because the Trading Post is so tough.  There are so many flaws I feel ArenaNet has made that there is too little incentive reward to craft for financial gain, which is why people try to find methods like this.

kasen
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I have a question. If I don't have any Mystic Salvage Kit or Black lion kits which ones do you recommend?

Thanks

Lewis B
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The best you can afford, the Master's Kit. But I'd really recommend Mystic or Black Lion based on their probability.

 

Ayelet
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You can get the mystic kit from the mystic forge.  It's the same stats as the Master's kit, but has 250 uses.  Toss in 1 blue, 1 green and 1 gold salvage kit with 3 forge stones and you'll receive the mystic kit.  If you consider that you'd pay 1.5 gold for 250 uses of masters this makes more sense.

Entombed
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I actually did this about two weeks ago.  Costs at that time were around 20s per rare, and 20s per ecto. In the beginning it worked incredibly well.  I went from 60s to 2g 20silver.  Then suddenly I don't know if I just got unlucky, but I lost all 2 gold in the next round of sales.  I swore never to do it again, but I never thought about using the buy feature.

Nyth_
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Oh man I've been looking into this, but it seems like quite the hassle (which is "good" in some way as it means there is a bit steeper effort/reward), compared to flipping. I'll go give it a shot when I get a few more gold; but for the earrings you also need 400 JC right ?
Lewis B
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You do :)  It is financially beneficial if you farm the Oricalcum yourself, alongside transmuting the Ruby Orbs.  Buying everything really won't spin you a profit. 

Ayelet
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Were you using a Black Lion salvage kit or a Master's?  My rate of return using the Master's is not nearly as good as what you are reporting here.  I understand that  luck is involved, but so are percentages, and I would expect my results to be somewhat close to yours.

Sihvebi
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Copper Ore. People will never stop buying it. I am unsure if the Trading Post is cross server, but my toons on Maguun are packing 50 gold in the bank and my highest level character is my level 20 thief.

Rock, Paper, Scissors, Spock

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