Back in December of 2009 I started my journey to hit the old gold cap of 214,000g, starting from a low of 1,000g. Finally on March 15, 2010 I hit 220,000g in “worth” which was the sum of my liquid gold plus all my inventory. I valuated my inventory using the addon Big Picture.

It wasn’t until June 2, 2010 that I finally hit the actual gold cap in liquid gold which ended my journey, along the way I experimented with leveling up profession alts, had the DK 10K project (to see how fast I could make 10,000g starting from scratch with no start up gold), that project taught me a lot about the wow economy and the in’s and outs of Jewelcrafting and Enchanting.

When Cataclysm was released it was a very rocky start for me, I had just moved into a new place, started a new job contract and had a lot going on in my life. When I tried to get back into the gold game it seemed that everything had changed, Quick Auctions was broken, my usual crafting method with KTQ+Skillet was messed up and I had problems trying to work with Gnomeworks and KTQ.

I have finally gotten back into the groove of things, in the last 3 days I have managed to sell 272 glyphs with a total revenue of 41,656g. Each glyph costs me on average 28g to craft so total cost was 7,616g and total profit would be 34,040g or 11,346g profit/day.

Current Gold Total

In my last gold update on Nov 18 I was at 46,000g liquid. Since then I have been focusing on lvling to 85 (currently 84). I am currently sitting at 54,000g liquid having just spent 5k on the master flight training and I have 60 Inferno Inks sitting in my bank (a total worth of 10k there) so I should be at 69,000g. I am predicting to make at least 8,000g profit a day and even more once I get Enchanting/JC back up and a large income from the incoming darkmoon faire.

Strategy To Make Gold

Now that I’m back in the gold game I am going to figure out what gold methods are the highest gold per hour, I had a previous post where I listed all my gold making methods, timed how much effort I spent on each of them and came out with which gold making methods were the highest earners per hour.

1. Inscription – Glyphs/Darkmoon Cards

This was my bread and butter to hit the previous gold cap, I’ll be crafting glyphs, getting ready for the upcoming darkmoon fair and making tons of cards, selling runescrolls and looking into the BoE market with the gear. So far I’m pulling in over 10k profit a day with glyphs alone.

2. Engineering

My other profession on my main is engineering which I intially made a good amount of gold with crafting ammo and pets, but that was nerfed when the requirement to make ammo required rep that I didn’t have and couldn’t get unless I started doing Icecrown. I am going to get back into engineering and I recommend this article over at justmytwocopper for how to make gold with engineering, I’ll surely be trying out some of those methods.

3. Farming

While I usually hate farming there are certain items that can be extremely lucrative if you find out what is under supplied and in high demand on your servers AH. I found in WOTLK that farming Iceweb spider silks came out to about 800g an hour which is amazing for players without professions or needing gold to lvl up one. I’m going to look into Volatiles and any other items needed in professions.

And finally, my 4th way I’m going to start earning income…..

New Project – Lvling Profession Alt with JC/Enchanting

My trustly old DK that I leveled from 55 to 67 and powerleveled JC/Ench earned me a ton of gold in WOTLK. Not only that but those two professions were my highest gold/hr professions out of anything… I had my gold making down to such an efficient system that I could log on, instantly queue the profitable items I needed to craft, post and log off all within about 7 minutes, completing both my Jewelcrafting and Enchanting crafting.

I am looking forward to getting my DK back up and running profitable, however it seems that there are certain professions that you’ll need to be lvl 84+ in order to max out due to the items/recipes needed to lvl past 500 being sold by vendors in phased areas. I don’t know if I’m willing to level my DK up from 67 – 84 just to get that profession on him but I know that Jewelcrafting can be leveled all the way and I may just take another profession on him and put enchanting on another alt.

Stay tuned for my posts on how I am preparing to profit from the incoming darkmoon faire and a video of the current gold making addon set up I have.

Having already hit the gold cap and reaching 270k gold in my last gold update I am now down to a measly 46,000g after buying some toys and giving gold to friends who’re back preparing for the expansion.

I’m not so much aiming to amass another huge pile of gold again, however I would like to continue researching and fine tuning the fastest and most efficient ways to make gold in the least amount of time so that I can still be able to buy anything I want without having to slave away at crafting and sitting infront of the auction house.

In my previous gold making routine I was able to pull in about 12,000g/week while only devoting 9 hours and 38 minutes (about 1 1/2 hours a day) to make that profit which comes out to 1,223g profit/hour. A lot of this was afk time for milling and cancel/reposting but my goal is to see how high I can get my gold income/week and gold/hr and which strategies allow me to do so while only spending about an hour a day at gold making.

Glyph Market

I have a love/hate relationship with inscription, it was the profession to get me into gold making and my first 200k gold, but it definitely takes the most time.

However after looking at the market on my server it is ripe for the taking, just look at these numbers:

and that is pretty much what it looks like for every class, glyphs averaging 90g.

Calculating Profits of Glyphs in 4.0.1

It used to be a little tricky calculating the profit margins on glyphs, some glyphs were 1 ink, some were 2, and you not only get inks of the sea from herbs but also icy pigments used in other items. The price of snowfall inks have dropped so much now that you can pretty much exclude it’s profit from your calculations.

A stack of 20 adder’s tongue go for about 22g on my server,

20 Adder’s Tongue = 12 Azure Pigments = 6 Inks of the Sea + 1 Snowfall Ink

Glyphs require 3 inks now, so if we spend 22g on getting those 6 inks that’d mean each glyph costs (22g/6)x3)= 11g per glyph

If you factor in the 5g you may be able to still get from snowfall inks then it brings down the cost per glyph to ((22g-5g)/6)x3)= 8.5g

Considering I will be able to sell glyphs for around 80g that is 69g profit I’ll get per sale. I know sales will be MUCH lower and I’m looking forward to comparing my current sales quantities to my old numbers in a future post to see the difference.

I am still looking for a good way to track my gold income, Big Picture addon is a great way to see your total gold income build over time but it would be nice to have something that tracks all my sales vs. my costs. I’ll be trying out Auditor, Accountant and ItemAuditor.

How many glyphs do you sell for now compared to before? What methods do you use to track your profits week by week?

I’ve wanted to do an income report for the longest time but I’ve had problems with the programs I use to export beancounter data to excel. I finally got bag export to start working again and I’m thrilled to be able to share my best selling gems and enchant scrolls for the past 2 weeks.

My current primary methods of income are in order of profit: Inscription, Enchanting, Vendor Flipping, Jewelcrafting, and Engie Pets.

In the last 16 days here are my profit from each profession:

1. Glyphs = 14,973g

2. Enchant Scrolls = 13,603g

3. Vendor Flips = 6,297g

4. JC Gems = 5,538g

5. Engie Pets = 2,067g

Total gained in 16 days = 42,478g profit or 2,658g/day

The ways I’m working on improving these numbers is by getting the rare enchanting recipes I talked about before, getting more gem cuts and being more committed to selling engie pets (I honestly just forget to make them sometimes and miss out on very easy money).

Best Selling Enchants

Best Selling Jewelcrafting Gem Cuts

Bonus – KTQ Scroll Macro

I love using KTQ to automate all aspects of my crafting, I’ll share with you guys my current KTQ macro for enchanting scrolls:

Remember to only use up to the item number in your KTQ macro, not the actual item name so that you can save character space. You’ll only be able to fit 14 of these per macro so make a few.

Let me know of anything else you’d like included in these income report updates, I have another big article in the works similar to my vendor flipping project I posted above. Good luck with your gold making and stocking up for Cataclysm!

I must admit something, after hitting the gold cap in WoW I lost a lot of motivation to continue my daily gold making routine. It goes to show that you need to constantly create new goals to reach once past milestones have been met or you’ll have a lack of focus.

I always enjoyed gold making and the most fun part for me was finding new and better ways to make that gold so I could go from 3,000g/day to 5,000g/day.

Well I think the time has come that I want to get the production cycle back into full swing and take my hand at hitting 1 Million liquid gold in game.

Current Stock and Gold

Currently I have 271,477 liquid gold, I actually bought a chopper yesterday, my only gold sink which cost me 15k so I’m down to 256,477g. My total including all my inventory sits at 369,455g.

In order to hit a million gold I’ll need to make 743,000g and if I’m trying to hit that before Cataclysm that’s roughly 3 months worth of time that’d I’d have to make 247,666g/month or roughly 60,000g a week! Currently my highest income weeks have been about 25,000g profit a week.

I don’t think I can hit this amount with only 4 gold making professions… but I am going to see how well I can do!

I will be reporting back weekly on my progress to hit a million and will keep track of my time spent on each gold making method so I can show which methods make the most gold per effort, also I’ll share my best selling items and profits for each category so you can try it out on your own servers.

After hitting the gold cap I have now started recording my weekly income reports in a new way.

I have begun recording all the time I spent on each profession, including crafting, posting, buying mats or anything related to that profession. I have also separated how much profit each profession earns independently so we can compare how much profit was made given how much effort it took to see which profession is the easiest to make gold with. I’ve learned to maximize my gold earnings by applying the lessons in WoW Schools guide.

Also included in my reports now will be a breakdown of what I sold and my best selling items in each category.

This report is between the dates of June 2nd to June 13 with the following professions:

- Inscription

- Enchanting

- Jewelcrafting

- Engineering (only selling BoE pets)

Profession Income Report

From June 2nd to June 13 I made 11,783g profit, I was not playing for some days.

I spent in total 9 hours and 38 minutes to make that profit = 1,223g profit/hour.

Inscription Gold Per Hour

While Inscription takes the most time out of any profession, the crafting time only takes half of your attention (just mashing the craft button every few seconds) and the cancel/repost time is pretty much completely afk time. However even though it requires very little effort it does prevent you from doing anything else in game.

So inscription makes 782g an hour and my average is 1,223g/hr, this is obviously a pretty weak profession but given that most of the time is afk it is better than going out and farming or doing dailies.

Jewelcrafting Gold Per Hour

Jewelcrafting is very straight forward. Once you have a good amount of popular cuts to sell you just need to log on, click your KTQ macro to queue up whatever you’re low on inventory, press your Quick Auctions post button and you’re done. Throw in one or two cancel/repost cycles that take about 2 minutes each and you’re making more sales.

This is why I love Jewelcrafting so much, the time investment is so small and the return is very nice.

Enchanting Gold Per Hour

Enchanting is also a very quick profession to do. Although not as fast as JCing because you need to hunt for specific mats depending on the scrolls you are making but once you have the scrolls that you consistently sell in a KTQ macro you just need to keep your inventory stocked and Quick Auctions will do the rest.

So not as high as jewelcrafting, crafting does take some more effort to hunt for materials and logging on my alt to make vellums takes some time too.

Engineering Gold Per Hour

Keep in mind with these figures that although this is a very fast profession to do and requires very little effort, this is pretty much the max profit I can make since I’m covering the market and pretty much all sales that I can. This may change once I start selling ammo but the profit per stack of bullets sold is pretty low.

I only spend about 8-10 minutes a day on Engineering, and that is with collecting mail and reposting any BoE pets that are out of stock. However I couldn’t make any more gold than this even if I spent more time since I have made all the sales I can and don’t have ammo recipes yet.

The Highest Gold Per Effort Profession?

Jewelcrafting wins here with 2,257g profit per hour played.

Best Selling Items

I also recorded what recipes made me the most sales this week, I didn’t include glyphs because frankly you should be making all glyphs to a stack of 5 and then just crafting whatever you run out of stock on.

Best Selling Jewelcrafting Gems

Sorted by highest profit made.

Best Selling Enchanting Scrolls

Best Selling Engineering Pets

Not much to report here as it’s pretty much even.

and now it’s time for some fancy charts!

I’ll be picking up some more jewelcrafting cuts and getting the harder to find enchanting recipes to see if I can up the profit earned from those professions.

Stay tuned for next weeks report!

I am happy to announce that I’ve hit the liquid gold cap of 214,748 gold, 36 silver, 48 copper. Although in my past gold progress updates you’ve seen that number much higher however that figure included the value of my inventory, I currently have the gold cap amount in gold coins on my character.

It has been a long journey, I started out back in September with less than 1k gold and no professions. I finished leveling Inscription on September 30th and then began the tedious task of doing my daily research for 2 months to finally have all the glyphs learned to start pulling in my profits.

During those 7 months a lot has happened to slow my process to hit the gold cap:

- Leveled a DK from 55-68, and went from nothing to 10k gold

- Experimented with a lot of the dailies to see which was the most profitable

- Tried different posting strategies (including dropping prices of all glyphs to a minimum) to bump out competitors

- Transferred servers as I wasn’t able to play for 9 days on my old one Tichondrious from server troubles

- Took an 8 day vacation in Cuba

- I have an additional 130k invested in inventory.

While I could of hit the gold cap faster if I didn’t experiment with all these different activities, I did so for the benefit of the blog to report back my findings.

I also have been slowly lowering my play time, mostly due to being in beta for Starcraft 2 and seeing if I could still maintain the same profit by carving out less profitable activities.

Here’s a chart of how much time I spent per day vs how much gold I made per day, the first couple months are low because I didn’t have many glyphs learned and wasn’t utilizing Jewelcrafting.

How I Made My Gold

The first 100k gold was solely from selling glyphs, vellums, offhands and darkmoon cards, I followed WoW Schools AH flipping guide and sold a little bit engineering ammo as well. After I completed the DK 10K project I added Jewelcrafting to the mix with about 8 cuts bought.

You can read how I make my gold in 3.3 for a detailed breakdown of all the gold making methods I utilized from October – February (72,000g made) and the profit margins from each.

At the beginning of April my presence in the glyph market started to fade as the huge investment of time in the glyph industry was really wearing down on me. To properly compete and get a lot of sales you need to do a cancel/repost cycle which entails collecting around 800 glyphs from your mail and reposting which usually takes an hour, that does not include crafting time. I found a pretty good cycle to do this which I detail in this gold addons video. I opted instead on focus a little more on jewelcrafting and to not cancel any glyph auctions at all but just repost whenever they expired.

So Where To Go From Here?…

I’m going to spend a little as a little reward for finally hitting the gold cap. Maybe some BoE’s and a either a Mammoth or Bike.

I am driven to still continue earning and experimenting with new and different ways to make gold.

I have a list of projects I want to undertake and get more involved in the WoW Economy again and also try out something new that you guys can get involved with too. I will be announcing all the projects and future plans in a separate post later today or tomorrow so stay tuned!

Hey everyone, it has now been a week since I’ve been back from Cuba and I’m getting close to hitting the gold cap (liquid) so I wanted to make an update.

It is time to get back into my gold making routine and it’s funny how a week away from the computer can make it seem foreign again! typing feels weird and you forget the tasks you did in WoW that was on autopilot previously.

Here’s the current stock of my inventory since I am even confused at what I have sitting around and what my goals are from here on out.

Gold Made Since Last Update

My last update was on March 29 and I had a total worth of 260,000g.  127,965g inventory worth and 132,055 liquid gold.

It is now April 25, I didn’t play for 8 days so I have played for 17 days.

I am now at 305,398g which means I made 45,378g in that time and that equals 2,669g profit gained a day. The last profit/day was at 3,078g/day so my gold/day profit went down by 409g/day.

I would attribute the drop in profit/day from the massive drop in epic gem prices. I had around 10,000g worth of epic/rare gems and we’ve seen a 25% drop across the board, bringing my inventory worth down 2,500g and I also forgot to do the darkmoon faire last time around but it’s coming back this sunday and I’m getting prepared.

How I Made My Gold

As I was collecting data to report back on where I’ve made all my gold I noticed that my beancounter data was missing a lot of sales. When I investigated this I noticed that it was only recording the 1st mail every time I went to the mailbox. I found out the problem was due to an issue with having altoholic scanning my mailbox at the same time as beancounter. I’ve fixed the problem (had to turn off “Scan Mail Body” option in the config menu > datastore > DateStore_Mails within altoholic config).

I reset my beancounter data and everything is being recorded properly now.

Inscription

The majority of my income is still coming from inscription, you can see how I make gold from inscription in this post.

Drop in sales of Faces of Doom and Iron-Bound Tomb

I used to sell around 1 of each offhand a day, this has now dropped to 1 a week. Although the profit margin and price have gone up significantly because much less people are willing to make these offhands when the price of frozen orbs shot up from 5g to 25g each. I will try lowering my fallback price from 260g each to 225g as people just aren’t willing to spend that much money anymore.

Glyphs Prices Going Up

I really don’t know the cause of this, I think one of my main competitors has left the market. The average I was able to leist glyphs at was around 8g – 13g each but I’ve noticed a lot more instances now where glyphs are being posted at my fallback of 48g and selling, and my average sales now are around 25g each.

Jewelcrafting

Cashing in on Epic Gem Price Drop

Many players have shown concern over the price drop in epic gems but so far for me it has been amazing. I am able to sell my cuts at their old prices but the cost of my materials have dropped by 25% meaning more gold in my pocket.

Since I hit 10,000g with my jewelcrafting DK, I have made 2,383g profit from gem cuts alone in 5 days, this is with only 9 patterns known.

Stock to Get Rid of

I still have a large leftover stock of frozen orbs, eternal fires, mithril bars and titanium bars that I bought for speculation and resale purposes for 3.3.3, prices have finally gone up with eternal fires to around 22g each, frozen orbs around the same price and titanium bars have remained at pre patch levels of 15g each.

Plans Going Forward

The purpose of this website is to show the best gold making methods that require the least amount of time but have the highest gold profit return. I like to call that gold/hr or opportunity cost (although many argue you can’t put gold/hr on things like profession). I am going to continue building up jewelcrafting and doing my inscription routine. Now that my beancounter data is wiped clean and recording everything properly I am going to make my gold making progress updates broken down by profession and an estimation of how much time I devoted to each profession so you can see which earns the most gold.

I am preparing to powerlevel enchanting on my DK tomorrow and I think I’m going to record the whole thing as a guide to leveling enchanting for the cheapest, be on the lookout for that and a whole slue of articles related to making gold with enchanting.

I am going to transfer over another level 80 toon from my old server and do another project, this time with Alchemy/ Blacksmithing(or tailoring) maybe to see how fast I can make 10,000g with those professions, this time I will be starting from scratch but the leveling portion will be done.

Oh and also… gold cap incoming! with the darkmoon faire this weekend I will have 1150 snowfall inks to make into cards, 6 nobles decks, 4 prism decks, 8 undeath decks, 3 chaos decks and around 40 nobles cards to sell which will put me well above the gold cap.

I am very happy to announce that I’ve finally hit 10,000g with the Death Knight alt I made back on February 18, 2010.

For those unfamilar with the project, the purpose was to find out how fast I could make 10,000g profit on a new server by starting up a Death Knight from scratch, zero gold with no outside capital or help.

Steps To Making 10k Gold

Here’s a summary of how the whole project went along:

1. Leveled the DK from 55 – 65, you need to be at least level 65 to get max profession level.

2. Along the way I picked up Herbalism and Mining. I needed to get a fast influx of gold to save up to powerlevel jewelcrafting and also afford a few gem recipes. I balanced this out with gathering up rested experience while I slept, leveled when I accumilated a lot then went back mining/herbing when I was low to hopefully have 2,000g by the time I hit 65.

3. I realized once I hit level 65 how much gold it’d cost me to start getting recipes, titanium powder was selling for 26g each and you need 10 of them for 1 token. 3 tokens for a rare recipe and 4 tokens for an epic, that’s 780g and 1,040g! I then made the decision that I would need to start doing the Jewelcrafting dailies to speed up the process or else I’d be out spending a lot of time mining (since I dropped herbalism for JC)

4. I was a little worried that I’d need to be at least level 72 to take on the mobs required for the quest, prolonging the time needed (level 73 dwarfs were the highest level I had to worry about) but thankfully I could handle these mobs at level 66.

5. I then got into a routine of doing my JC daily (missed a few days) prospected ores from the AH when I saw auctioneer search say they were profitable, did the green gem vendor shuffle, and did a lot of mining early on to afford my recipes.

6. With my snatch list full of gems I was set on buying under a certain price I started to accumulate a very large inventory of cheap gems. It came to a point where I realized if I wanted to hit 10k I needed to stop building up so much and focus on liquidating everything, especially since we all predicted that epic gems would drop in price with the new spike in Battleground activity (meaning more supply of raw epic gems)

7. Routine became login in before peak time, collect mail, craft gems using KTQ and Skillet, post gems with Quick auctions 3. Login an hour later and cancel/repost, then login another 2 hours later and cancel repost. The cancel/repost cycle is much faster to do than with inscription and if you post 12h auctions with limited supply up you’ll not spend too much in AH deposit fees.

You can go back and read each update in detail if you wish:

The Beginning – Day 1 – Feb 18, 2010

Update #1 – 1500g – Feb 23, 2010

Update #2 – hit level 65 and 450 JC skill – March 8

Update #3 – 75 hrs played, 4200g worth March 17

Update #4 – 100hrs played 12000g worth March 29

Best Selling Gems

Here are the items that contributed the most towards hitting 10,000g:

This chart can be a little misleading since the highest priced gems are at the top but the profit margin may have been less, here’s a chart with total profit gained considering mat costs:

There is a lot of data missing from these numbers, it seems my beancounter has only been recording the 1st mail everytime I check the auction house. I’ve fixed the problem (I found out it was a compatibility issue with Altoholic, had to turn off “Scan Mail Body” option in the config menu > datastore > DateStore_Mails. For example I know I’ve made a lot of sales of Reckless Ametrine but they haven’t been captured at all, this problem looks like it cut off any sales I made after April 2nd (around the same time patch 3.3.3 hit).

Time Spent and How Much Gold I Have Total

During the course of the DK project I’ve tried to keep my AFK time to a minimum so that I could rely on the /played number, that didn’t work out though when you are multi tasking, cooking, forgetting you left the computer on and didn’t log out etc, but I’ve come up with a pretty good estimate of the total time it took me.

That is a total of 151 hours played. Minus from that 15 hours which I stated in the last gold updated, and minus another 5 hours and you have 131 hours played.

In that amount of time I gained the following:

• 10,000g liquid
• 21,505g total (inventory + liquid gold)
• Bought Flying mount/training = 300g
• Learned 9 new recipes
  • Rigid Autumn’s Glow = 3x Dalaran tokens
  • Bold Scarlet Ruby = 3x Dalaran tokens
  • Delicate Cardinal Ruby = 4x Dalaran tokens
  • Solid Majestic Zircon = 4x Dalaran tokens
  • Relentless Earthsiege Diamond = 5x Dalaran tokens
  • Solid Sky Sapphire = 3x Dalaran tokens
  • Chaotic Skyflare Diamond = 5x Dalaran tokens
  • Reckless Ametrine = 4x Dalaran tokens
  • Glowing Dreadstone = 4x Dalaran tokens

I started doing the JC daily on March 10th, I missed a couple days doing the daily and was also on vacation for 7 days, but roughly I did the daily 25 times. I used 35 tokens up in recipes which means I bought 10 tokens = 260g per token = 2,600g spent on tokens.

In total I gained 30,905g. Which includes opportunity cost of getting the dalaran tokens from the daily.

Plans Going Forward

I am excited to now have Jewelcrafting to add into my gold making routine, it was quite the hassle to get the recipes when I didn’t have any gold to invest into it (even though my main had 200,000g sitting on him) but it really goes to show how tough it can be for someone just picking up the game and trying to get a profitable crafting profession going, it took me a good 2 months to get inscription fully operational (Even though you learn 2 free recipes each day!)

The other profession slot I have is mining, which I haven’t used in forever, I’m going to drop that and powerlevel enchanting. Now that the project is done all barriers are down regarding sending capital to my DK so I can give him 50k from my main to buy up a bunch of recipes and invest around 5k into Powerleveling enchanting pretty much instantly.

I will focus on really squeezing as much from JCing as I can to incorporate it with my Inscription business and get enchanting fully operational, I will continue to give you detailed reports on how all the professions profit in my gold progress updates and we’ll see how much more I can pull in a day with 3 big professions instead of only inscription (which has consistently pulled in 3,200g/day).

Was JCing the Fastest Way to 10K?

Hells no! but I can say it was really fun delving into a new market, I’ve learned so much that I feel comfortable giving advice on this market now and while mining/herbing the whole way to 10,000g would of been the fastest (average 500g/hour = 20 hours played opposed to 131 hours) Jewelcrafting is much better in the long run, the opportunity cost or gold/hour I can earn from JCing now that I have a few good recipes is much more efficient, I can spend 15 minutes buying raws and selling cuts for 1200g profit each day now rather than going out to mine for 2 1/2 hours.

Today I’m posting a quick summary of my gold totals. I am going to do a breakdown post later in the week.

Progress to Hit the Cap

In my last update on March 16, 2010 I surpassed the gold cap of 214,000g in “worth” which is my inventory value plus liquid gold. That came out to 220,000g. I still have a lot of investments stored waiting for the rest of the frozen orb supply to dry up and then I can post mine at a mark up.

Today is March 29, 2010, and I am currently sitting at 260,020g total worth and 132,055 liquid gold.

It has been 13 days since the last update which means I made 40020g in that time and that equals 3,078g profit gained a day. The last profit/day was at 2,109g/day so I’ve improved my gold/day profit by 969g/day.

The rise in daily earnings is due to gaining more JC gem cuts with the DK 10K project. I am crafting gems every day and especially my solid sky sapphire cut which is selling out like crazy (post 4 each time, buy uncut at 6g, sell at 17-50g each) Other great sellers have been Bright Scarlet Ruby, Bold Scarlet Ruby, and I just sold my first Glowing Dreadstone within an hour of buying the recipe (bought dreadstone for 126g, and sold cut for 192g).

DK 10K Progress

This project has dragged on for sooo long! Even though it has been a blast trying it out and seeing how long it takes, it definitely shows that the Jewelcrafting business takes a LOT of investment to get a good profit going.

I am currently at 11,399g worth and 3,878g liquid. It says 128 hours played but we need to deduct 15 hours from the previous update and a further 10 hours of just sitting around afk (like I’m doing now while writing this post) so it is more like 100 hours played. Which equals 4 days played.

My investments into the JC business

1. Getting JC Recipes: Faster = buying titanium powder or damaged necklaces, Slower = JC daily.

- I’ve bought in total 8 cuts, at 350g each (minus 2 recipes gained from JC daily) that comes out to 2,100g invested in gem recipes.

2. Investing into an uncut gem stockpile to meet demand. I set up a snatch list to buy out any gems I find under my buy price which I calculated using my jewelcrafting profit from low cost gems spreadsheet.

Doing this means I have a lot of low cost inventory that’ll give me a nice Return on Investment once the cut version sells but it’s bringing down my liquid gold amount. I just can’t wait to hit 10K so I can get a lot more cuts. Oh and I hit level 67 from only doing the JC daily! All of level 66-67 was from that quest.

I am going to stop building up inventory and just liquidate everything I can this week to hit 10k and wrap this up. I’ll then invest a lot of gold from my main and start producing every profitable gem I can to hopefully bump up my daily profit from 3,000g/day to 5,000g+.

Thanks for keeping up with the updated. I am really looking foward to the drarkmoon faire which happens next weekend so I can get rid of the 35,000g worth of cards I forgot to turn in. Also this week should be my opportunity to sell off frozen orbs and eternal fires as I believe the majority of stock players had is now over.

Since I posted an update on my progress to hit the gold cap yesterday I felt it was fitting to also do a quick update on the DK 10K project. In which I started a DK on a completely new server without any help to hit 10K gold as fast as possible from scratch.

A lot of things have changed, Phase 1 was leveling from 55 – 65 while slowly buying up Jewelcrafting materials (using snatch, to get items at <80% value) to prepare for the powerlevel. Once I hit level 65 I leveled up Jewelcrafting to 450 skill and I must say it was a pretty tight squeeze, down to my last gold to finish it off. Total time to accomplish all this was 40 hours played.

Now in Phase 2 I have to actually start making gold with jewelcrafting to hit 10k. The original plan was to level up enchanting as well but I think that’d be a waste of time in the short run (although I’d do it if this was fastest way to 20k or more).

Total Gold Worth Currently

The DK has 90 hours played, however my previous update explains why I had an extra 9 hours of time from other activities not related to the project, plus I left the DK logged in while doing some research on jewelcrafting so the total is around 75 hours played.

In that time I’ve leveled the DK from 55 – 66 (averages 2.3 hours per level because most was rested) = 26 hours leveling, another 7 hours mining to get gold to invest into jewelcrafting items, then 6 hours to level jewelcrafting from 1-450.

So in the additional 35 hours, the time after I hit 450 JC, I made 4,231g and learned 5 jewelcrafting recipes bought with 14 Dalaran JC tokens.

Since hitting level 66 and getting JC to 450 I have been busy getting on with my gold making strategy in what I think will be the fastest way to 10k. I kept mining as my secondary profession in case I needed to get some more capital and I’m very glad I did, it was the main way I made gold to pick up my first couple JC recipes.

What Recipes I Picked

I outlined in a previous post my method for picking the best jewelcrafting recipes for the highest profit. I basically based it on the gems that had the highest profit margin (on average and current AH prices) but also compared it to the wowpopular list and gave it a popularity rank. I didn’t want to invest into gems that were extremely popular right away as I knew these would have a lot of competition.

Gem Recipe Choice #1 – Rigid Autumn’s Glow = 3x Dalaran tokens

Gem Recipe Choice #2 – Bold Scarlet Ruby = 3x Dalaran tokens

Gem Recipe Choice #3 – Delicate Cardinal Ruby = 4x Dalaran tokens

Gem Recipe Choice #4 – Solid Majestic Zircon = 4x Dalaran tokens

Gem Recipe Choice #5 – Relentless Earthsiege Diamond = 5x Dalaran Tokens

I hit 450 JC on March 8th, but wasn’t able to do the JC daily until March 10th (when I realized that I could do the JC Daily at level 66 without having to waste time lvling to 70). I was dumb and forgot to do the JC daily for 2 days, so I ended up with 14 JC tokens to date.

Since I’m not level 77 I can’t buy the Damaged Necklaces to turn in which would be much cheaper, they go for 250g on my server, so I’ve had to resort to buying up titanium powders for 35g each which = 350g per Dalaran Token. Given that I have invested 19 tokens in recipes minus 5 gained from the daily = 14 tokens bought with powders at 350g each = 4,900g invested in tokens.

This may seem strange, since this whole project is based on hitting 10k as fast as possible and so far I’ve invested 4,900g into tokens and I am holding 4,300g worth of inventory. Well I couldn’t have made that gold without hitting 450 JC in the first place as my main income sources has definitely been Prospecting and a little gem selling

How I’m Making Gold with Jewelcrafting

Having only 4 recipes is a little tough to make profits on since the majority of gems are only selling at a 10g profit (when you include AH cut), some of the gems you learn at 450 JC from the trainer are actually selling pretty decently though.

My main gold has come from doing a “Prospecting” search with auctioneer and posting the materials on the auction house. My main gold maker has been buying up adamantite ores and relisting the gems from it, usually the value of the adamantite powder that I sell for 14g each covers the cost and the rest of the gems are all profit.

Selling JC items to vendors gave me a 500g boost the other day when I found tons of bloodstone at under 1g and eternal earths at 4g each.

Strategy Moving Forward

Since this is a short project to hit 10k I am going to stop investing into more recipe cuts now as it seems whenever I get to 2k gold I just dump it all into titanium powders so I will make gold with the cuts I have which I am confident will earn a good amount, especially the Relentless Earthsiege Diamond cut as I haven’t seen any posted on the AH for a few days but I know it’s popular.

I will continue utilizing prospecting which to be honest I think is going to be the main factor in hitting 10k, I always see a huge list of profitable ores to flip for 2x prospecting profit but I’m reluctant to invest all gold due to wanting to get more recipe cuts. I will move forward with the prospecting, crafting the cuts I now have and doing the JC items to vendor shuffle if cheap eternal earths and green gems are available on the AH.

I am eager to hit 10k so that I can wrap up the project then dump 5k into the DK and Powerlevel enchanting right away and pick up another 10 cuts to really start setting up a full fledged Jewelcrafting business.

Main lesson I’ve probably learned from this whole project so far, fastest way to 10k would of been making the DK, getting to level 58, picking up Mining/Herbalism and just gathering mining/herbalism up to hellfire penninsula (fel iron ores actually sell for 40g/stack on my server) That would of taken me 4 hours to get to lvl 58 + 5 hours leveling mining/herb (and getting 1,750g in the process) then another 16 hours gathering up to hellfire penninsula at 500g/hour. Total 25 hours to 10k… but getting there with just gathering would of been.. well.. just boring Maybe deserves a side experiment in the future to see if it would actually be that fast.