I promised a usable jewelcrafting guide, so here goes…
First of all, this will not be another “I’m a gold making guru” prediction post that many other blogs seem to write these days. The fact is, while the pyrite ore craze did make some sense, no one knows how we will be making gold from epic gems in patch 4.3 and there’s a good chance that people with alts won’t be making any, unless they plan to invest some time raiding on their jewelcrafting alts. There is no certainty, but the chance is there. This is why I would like to focus on what we know – green and blue gems.
First of all, if you’re just starting, there is one site you definitely need:
I’m not a fan of “maximizing profits at all costs”. My personal philosophy is to find a fast, low maintenance way to create an income, and stick to that. Everything else is automation. While you could go the slow way of researching what gems people use on guide-type sites like Elitist Jerks, wowpopular gives you the quick and dirty basic info – what gems people use the most.
As you can see, the “inn” color this and probably most of the years in the future is and will be red. Red gems are the ones that give you the primary stats, which are the most important ones for most classes and specs. What this means is that when you start doing dailies and buying your first recipes, you will probably want one that involves an Inferno Ruby. I won’t list those here, because you are not an idiot and can use the search function, no matter where it is. Keep in mind, though, your realm might be like mine, with cut red gem prices fluctuating a lot. In that case, you might want to go with a purple or an orange cut at first, since those seem to be a bit more stable. In any case, don’t just look at how much the cut gem sells for. Look at the price difference between cut and uncut. 40g cut/ 20g uncut is just as good as 100g cut/80g uncut. In fact, it’s even better, since you can start mass producing and selling faster.
So you got your first recipe. Ok, now go get another one, and another one. In fact, get them all, because that’s all the wisdom – get recipes, buy uncut and sell cut. The order you do this in should be your decision, based on how stuff sells, prices on your server, etc.In any case, the choice is yours. There is no universally right answer.
- You could first focus on buying one recipe of each color. That way, you could make use of good prices on uncut gems easier and more effectively.
- You could focus on stuff that’s high on wow popular.
- You could focus on gems with the consistently highest profit margins
Now that you have this, you need addons to automate the process. I find Trade Skill Master to be the best all-around addon for this. It has an auction posting module, a crafting and queuing module and a shopping module. There are plenty of guides for configuring this addon, so I won’t write another one, but I will give you a few pointers:
- Check your prices of raw gems, set some valid limit for each color. Every cut gem above that limit should be selling, any uncut gem bellow that limit should be bought. Of course, be reasonable. If your stocks keep growing and you aren’t selling anything, it’s time to move the limit on that color a bit down.
- Produce everything. If you have the recipe for it, make it. It will sell eventually.
- Make one posting group for each color. How many auctions of each cut you wish to post is up to you and your server. Add new cuts to their groups as you learn them.
- Use the deal finding module to buy gems fast and easy.