Well the market for gems has changed enough on my end that it's worth a post on it since many are likely experiencing the same thing. First here's a link to my previous post on how I work JC. The main reason for this post is that I've removed a bunch of gems from my normal crafting. With the expansion mostly over, as in no more tiered raid instances, there is less gear coming out which means less of a demand for gems. However once the ICC buff gets to a certain level, all the people that couldn't get passed saurfang will now be clearing several wings a week.
This will create another small demand increase along with the new raid coming out under wyrmrest temple. But after that gem demand will go down considerably. Supply of all gems seems to be about the same with prices gradually decreasing each week. Once again, this is because the expansion is ending and people are still farming. So my general plan is to stock up on a good number of gems, wait for the new raid to come out and make another killing from gem sales a bit after wards. Once that demand spike calms down, I'll be slowly selling off my whole stock of gems and mostly be leaving the market.
That's because with demand getting lower and lower so will the profits and it will be a big pain to keep up with major price shifts to keep a stockpile. So instead of just piling up raw gems, I'll be buying and cutting what I happen to find a good deal on, rather than hunting down average priced gems to sell for above average cuts.
Ok here's my updated list of worthwhile gems and ones I just don't make anymore. For the most part, my general system for JC hasn't changed at all, but the ones I make has definitely changed a good bit.
Green: Forest emeralds - I only craft vivid, jagged, enduring, and steady. The rest I am ignoring as they sell far too slow and, with the numerous deposit costs, I only end up with a few gold profit. Even with no competition the small profit margins have become too small to be worthwhile.
Eye of zul - I have completely stopped buying these unless I can get them for 80g. The average buy and sell price is about 100-115g. After a few days of deposit costs you probably aren't making much money.
Red: I'm still making the same gems mostly, but no longer making any dodge/parry gems. Also, there's been a huge flood of 32ap gems which I used to flip regularly, but it has been going on for over two weeks. So I won't be bothering to flip those unless I notice there's only a few on AH.
Blue: Still the same, mp5, stam, spell pen both rare and epic.
Orange: Monarchs - The only ones of these that I am crafting now are etched, inscribed, potent, reckless, luminous, veiled, durable, stalwart. Again this is due to massive flooding below material cost from dozens of people causing me to relist many times making it not profitable.
Ametrines - I will be crafting the same epic orange gems as rares unless I notice a short supply of certain ones. In which case I'll cut a pair and try to sell them for a good profit.
Purple: I'm still crafting all except tenuous/infused of both rare and epic versions. Popular color when people don't know what a nightmare tear is to fill the blue gem requirement for their meta or if you're running an armor pen based gear set.
Yellow: I've stopped crafting rare intellect gems for the time being, but not permanently. For a long time I was buying them up for 7g and occasionally selling them for 40g so I kept at it, but now I've bought far more than I can move. So if you're in the same boat, keep an eye on supply of these gems as there is still a large demand for them. As for the rest and epics I'm still crafting the standard ones of crit, haste, resilience, defense, and int (epic).
Meta: These gems also have been completely untouched as their sales are still steady and highly profitable. Of all the ones you can make, I'm crafting the following still: austere, relentless, chaotic, beaming, bracing, insightful, ember, forlorn.
Nightmare tears: These are in the same category as an eye of zul. If I can get the dragon eye super cheap (80g ish) sure I'll buy and craft some, but otherwise just isn't worth it anymore. The sale price for this gem is usually around 115-125g with the materials being worth around 100g as well. And once again with the deposit cost on unsold auctions makes this not a very viable market. But if you can get them for far blow market price then of course the odds tip in your favor.
This blog is about discovering all of the ways to make money in Rift. There are no cheats, hacks, or exploits used in any of my methods.
After amassing a 2 million gold fortune in wow I decided to come over to Rift and see how well I can do there. It is my belief that the game does not matter as much as the methods used and mine have already been proven to work and work well.