Monday, 4 June 2012

Turning Linen Cloth into Gold

Girls Gone Shopping?
Linen cloth turned up on my Project Shoofly server at 3 - 5 silvers a piece! I just couldn't resist so I logged my other banker on that server (I have a normal, everyday banker for this kind of thing & my project banker, just to keep things seperate) & bought all the super cheap linen. I ran my little level 5 over to the enchanting trainer, made my copper rod then ran to the tailoring trainer. By the time I had converted the linen into bolts of linen, I had enough skill points to learn the Brown Linen Pants pattern. For just 2 bolts of linen & one coarse thread or about 15silvers, I then disenchanted them & got 3 Strange Dust.

Now of course, being the good goldmaker that I am, I didn't just make 1 pair of pants - oh no! I made 40, using up 8 stacks of Linen Cloth in the process. I ended up with 68 Strange Dust & 11 Lesser Magic Essences, most of which I promptly listed on the Auction House for good prices.

I listed some of the Strange Dust as 3 stacks of 10 initially - at around 3g50 per item, I guessed smaller stack size might be more affordable if a buyer was watching their gold. When I logged in earlier today, all 3 stacks of 10 had sold, netting me a nice 99 gold. I'm averaging the cost at 1 gold per stack of Linen Cloth used so with 8 gold spent, I made profit already on just 30 Strange Dusts & I still had 38 dusts to sell.

Next I checked the Auction House again - no Strange Dust to be found so I listed my remaining 38 & wandered off while my banker made another 60 pairs of Brown Linen Pants. Total haul from disenchanting this time was 100 Strange Dust & 11 Lesser Magic Essence. I have been lucky to get into a level 25 guild though so the Bountiful Bags perk is helping here too.

I just checked again & another 20 Strange Dust have sold at 3g50s each as well as 5 of the Lesser Magic Essences so after AH fees, that's another 72 gold profit. I checked the Linen Cloth price too out of curiosity - not only do I have competition for Strange Dust now, the price of Linen Cloth is now over 1 gold a piece & only 2 stacks available.

Overall I spent around 20 gold on Linen Cloth & coarse thread. In the process of converting the Linen to gold, I also leveled my enchanting to 67 & my tailoring to 75 - not bad for a level 5 alt :)

Summary


Linen cloth & coarse thread cost to make 100 Brown Linen Pants - 20 gold
Strange Dust produced from disenchanting Pants - 168
Lesser Magic Essences produced by disenchanting - 20
Strange Dust already sold 50 = 165 gold
Lesser Magic Essence already sold 5 = 6 gold

Profit so far = 151 gold
118 Strange Dust still to sell
15 Lesser Magic Essence still to sell


Now obviously this isn't going to be a huge market & I would hazard a guess that it won't be a regular one either but keeping an eye on Linen Cloth & Strange Dust prices & jumping in when the prices are low, should give a nice little boost, especially as your lowbie bank alt can do it in town.

4 comments:

  1. Another use of linen cloth is Red linen Robe the last one i sold went for around 400g but i normally price them around 99g mark.

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  2. I tend save to save most of my Linen Cloth for crafting Mechanical Squirrel Boxes on my Engineer.

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  3. On my server on a good day you can resell the stack of linen cloth for 20g, so a lot less work and similar profit.

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  4. @Farli - yup - I do those too on my main server & some of the coloured shirts etc

    @Cold - yup, Mechanical Squirrel always sells well for me too but not enough to use up all my linen! I'm an altoholic so I always have stacks of the stuff around on main server! lol

    @Anon - oh I totally agree & usually I would flip all sorts of stuff but other than the really cheap stuff I bought, the next tier of prices up wasn't really worth the effort either so I converted it! lol

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