Are Glyph Prices really that high?

For the past few weeks I’ve been mass-producing glyphs and selling them on the AH, earning myself a few thousand gold per week.  Its easy and fun and keeps my wealth increasing without having to spend time on dull farming or repetitive dailies.

Recently, Gevlon at the Greedy Goblin and Marcko at Just My Two Copper have had a bit of a debate about the best methods for crafting and posting glyphs in order to maximize profit.

In reading their posts, that thing that jumps out at me are the prices!  Gevlon (who is a deep undercutter) has a minimum price of 7g before he will post a glyph.  Marcko, who is more choosy about his glyph sales, has a minimum sale price of 30g to craft a glyph.

That astounds me!  On my server, every glyph sells between 5-10g.  Before I was an inscriptionist, if I had to buy a glyph, and I saw it for more than 10g, I was likely to wait until the next day when it was sure to be listed for a cheaper price.  The only time you see glyphs on the AH for more than 10-15 g is when there is only one person posting, which only happens during off hours.

Herb prices on my server have remained below 12g per stack, which may contribute to the low prices.  I’m making profit posting glyphs for 2-8g each.

What are glyph prices on your server?


6 Responses to “Are Glyph Prices really that high?”

  1. 1 Argon
    July 6, 2010 at 12:25 pm

    On my server, glyphs range in price from 2g to 70g. The 70g ones still have 4-5 people posting them, so my guess is that none of the glyph mega posters are using a deep undercutting strategy, so the prices for the rarer glyphs stay high.

    I’m half tempted to mass post glyphs at low prices (well, around 20g), not to actually try to sell them, but to force the prices the massive relisters post at way down.

  2. July 6, 2010 at 2:04 pm

    yeah, glyph prices on my server are between 2-10g with some of the rare ones occasionally going for 50g mid week IF your lucky. Most people just wait for them to do down rather than pay that though.

  3. July 6, 2010 at 11:25 pm

    A small sample size, but I am wondering how those “experts” make so much gold if they list glyphs at such high prices?

  4. July 7, 2010 at 2:33 pm

    Heya, this is Markco from JMTC and yes glyphs really are that high… well around 10 for each class anyway. Some classes (like deathknights) have 6-10 glyphs that sell for over 40 gold on my server, but the trick is that you need all 400 glyphs to see them. There are HUNDREDS of glyphs below 10 gold on my server, so I can understand why people believe the myth that all glyphs are below 10 gold on their server. Look at the ones obtained through research and books of glyph mastery before judging the prices on your server.

    Hope that helps and I am totally aware that on your server there could very well be no glyphs above 10 gold. If that’s the case then your herbs must be ridiculously cheap, on my server adder’s tongue is around 30 gold a stack since warden 2.0 went live.

    • July 7, 2010 at 4:11 pm

      Well, I have just about every glyph in the game – all the ones from Books of Glyph Mastery and just short a few from research (but not the good ones). Occasionally some sell for 20+ gold, but they never stay that way as repeated undercuts drive the price down.

      Until last week, herbs were still cheap. Lately they have been high, so we’ll see if there is an adjustment in glyph prices once everyone runs out of stock and has to resupply.

  5. 6 Rorstchach
    July 7, 2010 at 5:54 pm

    Well, in my experience the Inscription market is a living entity, always expanding and compressing with ups and downs.

    There is a series of variables that come into play for that: the price of herbs, the number of farmers on your server (which are really tight to the price of herbs), the number of glyphs that you produce and post (normally this affects directly on your ROI), the number of competitors/undercutters that you have, the selling strategy that you use to counter those competitors, not to mention the addons you need to master. In sum its not a market for the lazy because you need to do a lot of homework in order to reap high amounts of gold.

    I have sold glyphs for as high as 65g or as low as 3g consistently, but as Markco pointed before, high end herbs are around 30g now when, 1 month ago i could get them for as low as 10g per stack. Oh, this remind me, you need a truckload of stockpile to overcome times like this.

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