Category: Jewelcrafting

I finally got around to moving my Shaman to Pandaria in World of Warcraft. I was a lazy Shaman during Cataclysm, only leaving Orgrimmar on special occasions. He’s my primary Jewelcrafter and backup Alchemist and leveled from 80 to 85 by doing the Jewelcrafting daily quest. While I still perform the daily, the Jewelcrafting recipes and rewards that MoP provides are too enticing to pass up.

Getting my Shaman over to the Jade Forest doesn’t mean he’s still not a lazy Shaman. He’s spec’d as Elemental/Restoration, and I don’t bother gearing him up with two sets of gear. I prefer to focus on picking up spirit-friendly gear, heal regular instance PUGs, and casually quest in my Elemental spec. It’s slow and inefficient, so it’s perfect for me.

If you’re into raiding, you’ll want to make sure you have your best-in-slot chest piece. This can be an interesting choice on how you want to spend your time gearing up when you hit level 90. You can hope that you stumble over Galleon with 39 other people in Valley of the Four Winds. Good luck with that. You can also consider Leatherworking for a number of options. Two epic-level items can be crafted for Resto Shamans, but one requires Blood Spirits and the other does not. While the crafted Robes of the Setting Sun is an upgrade over the Lifekeeper’s Robe, they are very similar and either one will probably be your pre-raid chest piece that you end up going with.

ITEM LVL SOURCE SCORE
Armor of the Single Cloud 90 Galleon World Boss 16,347
Stormbreaker Chestguard 90 Crafted Leatherworking 16,254
Robes of the Setting Sun 90 Golden Lotus Revered – 2,250 Valor 15,356
Lifekeeper’s Robe 90 Crafted Leatherworking 15,066
Uncasked Chestguard 90 Yan-Zhu the Uncasked Stormstout Brewery (Heroic) 12,454
Crackling Chain of the Golden Lotus 90 Battle Axe of the Thunder King (Quest) Vale of Eternal Blossoms 11,283
Mountain Stream Ringmail 90 Justice Quartermaster 2,250 Justice 11,147
Shivbreaker Vest 90 Lilian’s Soul Scholomance (Heroic) 10,113
Contender’s Scale Chestguard 90 Crafted Leatherworking 9,378
Earthmover Armor 88 The Point of No Return (Quest) Townlong Steppes 9,031
Patchwork Flesh Armor 90 An End to the Suffering (Quest) Scholomance (Heroic) 8,578

My initial foray into the ore shuffle in Mists of Pandaria has been completed with some success. I wouldn’t say that this is overwhelming enough to make this my primary source of income, but I have concluded that it is profitable.

I did end up growing somewhat impatient with my sales, but this is partially due to my inability to remain patient and the large amount of supply that is currently screwing with the market. My philosophy with the auction house is to endure all others, so I will keep posting new auctions, re-listing, and buying out cheap materials daily.

In terms of the ore shuffle itself, here was my TLDR bottom line:

Materials Cost: 2,770
Confirmed Sales: 2,844
Total Sales: 3,950
Profit 1,180

My “Total Sales” is the sum of confirmed sales and my current AH listings where I’ve severely undercut both the average and market price.

At this point in the game, my plan is to use the ore shuffle to level my Jewelcrafting for free. I can achieve this by selling off most of the Sparkling Shards and rare, uncut gems. I can then take the uncommon, uncut gems and use them to level and discover recipes.

I will also use some of the materials to craft jewelry for my Enchanter to disenchant and use to level up Enchanting. Enchanting is going very slow for me in MoP, but utilizing the ore shuffle should increase this significantly.

The disappointing part of the experiment was the fact that the potential profit was not even close to being realized. This is the problem that I continue to have with the get-rich-quick schemes. Actual sales data in World of Warcraft does not exist to the public. Market data is made up solely on potential, thus increasing the amount of risk for players. Remember in my first post, I had calculated a profit of 5,771 gold?  I only made 20% of that.

So what to do with this information now? Well, I can continue to load in current data into the spreadsheet or modify the calculations to assume a 60%-80% drop in expected profit. My plan, however, is to simply watch the price of Ghost Iron Ore and monitor the supply and demand of uncut rare gems. The value of any rare, uncut gem should equal the price of a stack as you typically receive one rare when prospecting an entire stack.

If the average price of all uncut, rare gems is above the average price of a stack of Ghost Iron Ore, sell all the gems at their market price and buy the ore. If the price dips below, then cut the gem for leveling or for alts, or wait until there’s an opportunity to sell.

Yesterday, I wrote about the great potential for making gold in World of Warcraft: Mists of Pandaria using the “ore shuffling” technique. Even though this was wildly successful for me in Cataclysm, I was hesitant to get into the market. After listening to others claim the viability of the process, I figured I would conduct a small experiment using actual values and compare them to the projections.

To begin the experiment, I bought 500 Ghost Iron Ore for a total of 2,770 gold from the Horde auction house on Earthen Ring (US). Using the spreadsheet provided by The Golden Crusade and values provided by The Undermine Journal, I expected a profit of 5,771 gold. Using actual values from prospecting and the auction house, I could expect to make 5,557 gold. That’s only a difference of 214 gold from the projections.

Yes, there were some variances, but nothing out of the ordinary. I would definitely recommend using the spreadsheet to give you a general idea of what kind of return on your investment you could expect by shuffling ore.

Here are some interesting points from this experiment:

So what’s next? If I craft Ornate Bands and Shadowfire Necklaces, I could make another 230 or so gold. However, for convenience’s sake, I will simply list all the raw gems and watch the Jewelcrafters that are trying to rush to 600 gobble them up.

I will report back with my sales to see if I was able to realize the 5500 gold profit. For now, this seems like a more than worthwhile market to enter, so long as the supply of ore remains high and I continue to bring my authenticator and spreadsheets with me wherever I go.

One of my favorite gold-making routines in Cataclysm was shuffling ore. Even if you consider yourself to be an average gold-maker in World of Warcraft, I’m sure you’ve heard of the ore shuffle. In Mists of Pandaria, the ore shuffle has returned, but with high volatility. However, there are tools out there for you to use to help you decide on whether or not it’s worth your while to participate in this gold-making scheme.

The basics of ore shuffling has been covered many times over on the Internet. If you are still not familiar with how it works, you basically use your Jewelcrafter to prospect various types of ore, and perform certain tasks with the prospected materials to turn a profit. These tasks can be as simple as crafting a rare gem, or constructing an item for disenchanting or selling on the auction house.

The Golden Crusade released an excellent guide that includes a spreadsheet that will help you determine whether or not it is profitable for you to shuffle your ore. The instructions are detailed enough, but you’ll need to create an account with the Undermine Journal before you can access the market data for the particular realm you are trying to retrieve data for.

One point to note: the market data that you download and import into the Excel spreadsheet is not used to calculate your profit. It is only there as a reference for you so that you can determine what amount you are comfortable paying for the various types of ore.

So guides on the Internet are great and all, but what about reality? The Golden Crusade outlined sample results when using 100 stacks of Ghost Iron Ore at 200 gold a stack. At a cost of 20K gold, a profit of 4.3K gold was made. Sounds awesome, right? Yeah! However, instead of using the spreadsheet to speculate and calculate, I’ll be using actual values from the Earthen Ring (US) Horde market.

Here are the prices I paid for the ore using actual cost and market prices:

PRICE QTY PPI DATE
115 20 5.75 10/8/2012
115 20 5.75 10/8/2012
115 20 5.75 10/8/2012
115 20 5.75 10/8/2012
115 20 5.75 10/8/2012
109 20 5.45 10/8/2012
109 20 5.45 10/8/2012
109 20 5.45 10/8/2012
109 20 5.45 10/8/2012
109 20 5.45 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012
110 20 5.5 10/8/2012

This works out to a total of 25 stacks (500 ore) at a total cost of 2,770 gold (at 5.54 gold per ore). The Undermine Journal reported a market price of 5.95 per ore on October 8, 2012. So, in theory, I already made 205 gold based on buying the ore below market price. If I used the spreadsheet, though, I have a potential profit of 5,771 gold. Hooray! Wait, what? That’s not how it works? Okay.

So now it’s time to prospect! I will report back on my ore prospecting yields this week and break down the actual materials gained from the ore and compare them to the spreadsheet.