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Old 13th April 2007, 03:40 PM   #21
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Re: Recent drops in UO economy

Nev, I got the Cincture last year, and have done probably 30-40 peerless since and just got ingredients (plenty to make some good stuff). The Doom arties I got the other night were the Blade of Insanity and the Divine Countenance.

Yeah, I know what you mean Carl, sometimes I wish I had the gold to buy what I want, specially if it meant no more fleshrenderers.

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Old 13th April 2007, 09:04 PM   #22
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Re: Recent drops in UO economy

The price for gold has gone up, by at least a dollar per Mil. Or am I shopping at the wrong place?

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Old 13th April 2007, 09:57 PM   #23
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Re: Recent drops in UO economy

I think its just a little bump with the whole closing of the 3d client and KR teetering on the horizon. People are probably undercutting some prices because they are scared that they could become worthless in a few months. Either due to drop in subscription rates (Kingdom Reborn) or new items that make the older less valuale (Stygian Abyss)

I wouldnt worry terribly about it. Prices have been out of hand for most casual players for some time now...

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Old 13th April 2007, 10:59 PM   #24
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Re: Recent drops in UO economy

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Originally Posted by Snugglebug View Post
The price for gold has gone up, by at least a dollar per Mil. Or am I shopping at the wrong place?
Gold is at $2 per very commonly, I know a few reliable sellers at 1.6-1.75. I'd say your looking in the wrong spots! :grin:
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Old 14th April 2007, 01:10 AM   #25
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Re: Recent drops in UO economy

atlantic is just flooded, and there aren't enough buyers. Too many people are xsharding to our shard and trying to sell stuff, thus lowering the prices. They should go to Europa or something, they still buy at high prices over there.

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Old 14th April 2007, 07:02 AM   #26
 
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Re: Recent drops in UO economy

Ria' has been training 3 days straight now against red spawn and havent got one single scroll.

My luck isnt that good let alone a Doom/Peerless arti
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Old 14th April 2007, 09:08 AM   #27
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Re: Recent drops in UO economy

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Originally Posted by Ria'hnon View Post
Ria' has been training 3 days straight now against red spawn and havent got one single scroll.

My luck isnt that good let alone a Doom/Peerless arti
i hear no one's luck is good at alacrity spawns
i went there the first day for 4 hours and got discouraged and left
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Old 17th April 2007, 01:44 AM   #28
 
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Re: Recent drops in UO economy

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I'm not sure if anyone has noticed this, but I would like to address a recent change that I've noticed in my shard's economy that has become increasingly apparant since the day ebay banned the sale of virtual goods.

I have noticed a steady drop in the price of all high end items, and I think it is largely due to the ban on the sale of virtual goods. It may be due to the fact that summer is quickly approaching, more players are griding peerless/doom therefore creating more high end items to circulate, but either way it seems like every week items like Inquisitors Resolution and Crimson Cincture become more common and less expensive. Now, this is good for people who are buying but it stinks for people like me who resell them. Either way its a good thing, items were way too overpriced when I first came back to UO late last year. What do you guys think about this? Anyone else noticing a steady decline on their shards?
I very much doubt your observations of price drops are related to EBay banning the sale of virtual items and currency. People who sell virtual items and currency have simply moved on to other auction sites or sites setup as a result of eBay decision to ban due to the grey area with tax involved with it. Remember eBay is just a popular venue it's not the only venue as a means to auction or sell items on the internet. It’s more likely the price drops you’re seeing are a result of a drop in demand due to further decrease of the player base.
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Old 17th April 2007, 09:47 AM   #29
 
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Re: Recent drops in UO economy

While gold may not have changed much in price yet it will move up no question about it 5-10 dollars a million may not be unrealistic in 12 months. It is simple economics with eBay gone the ability for people to undercut the professionals is gone all that’s left are sites who’s business is selling uo items and gold. With out eBay to keep them in check they will be free to raise their prices and stupid not too. eBay was the whole sale gold market with them gone the retail gold markets can pay what every they want for the gold if they even buy it and they can charge what they want. So instead of a 50% mark up it will likely go well over 100% what’s to stop them from paying players 1 dollar a million and charging 4 dollars a million the answer is nothing now that eBay is gone.

As for rare prices and real estate the value remains the same but the uo gold price is now lower something that cost 15-20 dollars will still be worth that but a higher gold price will make it look like a bargain to those of us who have never bought gold.


Iv been playing since the second age back when gold was 300 dollars a million iv owned 4 castles 2 of which I placed and nearly bought the classic one in fel Trinsic just before tram opened. The price was 7 million or 2100 dollars at the time. Considering I had the gold I do wish I went though with that there are plenty of 5 house grandfathered accounts but one with 2 castles would have been amazing.

The one thing that throws off a completely true exchange on dollars for gold is the time involved in obtaining an item. If the same amount of effort and time would yield more in gold for just plain hunting then that is the lowest the items price will go. That is true with items like barbed kits once they hit around 3 million its better to just go hunting then try to put them together. But that item was 6.25 million when I returned to the game in Nov I saw them yesterday by the dozen for 4.1 and that was in Luna. Over the last 6-7 years investing in items has been the best way to make real wealth in uo with gold as low as it can practically go that may no longer be the best investment rout. As for how good have items been lets put it this way I took 4 years off and was worth a billion when I left with out playing a day in 4 years I came back to over 4 billion that’s a good return on investment no matter how you look at it.
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