Trade Contracts = Rubies/Sapphires (SCAM ALERT)

Zinger314

Zinger314

Debbie Downer

Join Date: May 2006

N/Me

There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )

7 Trade Contracts, given from quests in Vabbi, can be traded to a Vabbi Trade Official for a Ruby/Sapphire/Diamond, which are necessary for the 5k Vabbi armor. (That's why they are 5k at the Rare Material Vendor. Very high demand.)

Not many people know this. Thus, you can see a scam waiting to happen, similar to the Imperial Commedations in Factions.

I've seen many people offer 300g-500g per Trade Contract in Kodash Bazaar. 7 of these contracts amount to 2100g-3500g. Since the Gems can be sold for atleast 5000 each, that's a 1500g-2900g profit for doing nothing.

Therefore, don't sell your Trade Contracts for anything less than 700g. That way, they will break even if they are trying to scam you.

There are lots of quests in Vabbi for Trade Contracts. Turn them in for Gems for your armor, or sell them for 700g. But don't undercut yourself.

Akhilleus

Akhilleus

Forge Runner

Join Date: Sep 2005

If it aint expensive, it aint worth buyin'.

Leading/Co-leading Bretheren Of Chaos [Dark]

W/Mo

honestly, thats not a scam.
thats just people not being aware that theres a price difference. if anyone doesnt bother to check, it is their fault.
that having been said, its always good that someone posts this kind of thing, so that the general public knows not to make the mistake.

diablo96789

diablo96789

Academy Page

Join Date: Aug 2005

Bergen Hot Springs

Mo/

Thanks for the warning

Doomlord_Slayermann

Doomlord_Slayermann

Jungle Guide

Join Date: Jul 2005

Chicago IL

Dark Phoenix Risin [DPR]

W/P

Quote:
Originally Posted by Zinger314
There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )
Yeah, if you're in there every time I pop in, it's a bit much.

Anyways, this is definitely something that everyone should know about - but there is already a thread here for in-game scams.

perfect

Frost Gate Guardian

Join Date: Jun 2005

Thanks for the info, just made it into Bazaar today and saw people wanting to buy them for 200g. I was going to trade mine in for a Sup Salvage Kit or I might have sold mine. Now I know I can get some gems!

Former Ruling

Grotto Attendant

Join Date: Oct 2005

Cedartown, Georgia

R/

Not a Scam, but I warn people anyway.

Simply playing off people not knowing the worth of these is not "scamming" in that sense, its bad business morally...but noone cares about morals in a game :\

EternalTempest

EternalTempest

Furnace Stoker

Join Date: Jun 2005

United States

Dark Side Ofthe Moon [DSM]

E/

I was wondering why there was a high demand for them.
I've seen people try and make it 500 gold.

Kidney Licker

Kidney Licker

Wilds Pathfinder

Join Date: Aug 2005

Europe Server

I normally just spam WTS trade contracts for 1K each as a bit of a joke, when I see the WTB for 400g. Or I'll go WTB 410g each. Then they might go WTb 420g , then I go WTB 430g, ...etc.

Phoenix Arrows

Wilds Pathfinder

Join Date: Mar 2006

With many other ugly people

We Are All Pretty [ugly]

R/

Thanks for the warning. Not that far yet, but I'll keep it in mind.

Legendary Shiz

Legendary Shiz

Desert Nomad

Join Date: Apr 2006

That's not a scam at all imo.

That's kind of like troll tusks used to be. Where you literally just buy them and trade them to collector for a profit without really having to do anything. Not a scam.

Akhilleus

Akhilleus

Forge Runner

Join Date: Sep 2005

If it aint expensive, it aint worth buyin'.

Leading/Co-leading Bretheren Of Chaos [Dark]

W/Mo

Quote:
Originally Posted by Former Ruling
Simply playing off people not knowing the worth of these is not "scamming" in that sense, its bad business morally...but noone cares about morals in a game :\
agreed.
not a scam, but you wouldnt geta seal of approval for great business practices for it.

arcanemacabre

arcanemacabre

Grotto Attendant

Join Date: Feb 2006

North Kryta Province

Angel Sharks [As]

I love the people selling "Swamp Flowers" for 100-300g in Kamadan. Oh yeah, because walking right outside the zone from the Astralarium and picking one off the ground in a 2 second trip is a service! /sarcasm

eVeRt

Lion's Arch Merchant

Join Date: Feb 2006

Netherlands

N/

Thanks for the warning indeed. I've not come that far but thankfully I saved my trade contracts.

Linksys

Jungle Guide

Join Date: Apr 2006

Thanks for the warning, much appreciated.

|pyro|

|pyro|

Wilds Pathfinder

Join Date: Jun 2006

Me/

Am, and where is the scamm, I only see ppl seling items for an agreed ammount of gold.

Yanman.be

Yanman.be

Banned

Join Date: Dec 2005

Belgium

[ROSE]

A/

There's scamming, and there's taking advantage of people. This thing, is the latter of the two. It's his/her own fault, they should've check prices...

Anarkii

Anarkii

Jungle Guide

Join Date: May 2005

-None-

R/Me

Same as monastery credits/imperial commendations. Not a scam in any way. People who do only a couple of quests to get 2-3 letters, and dont care about the armor or jewels can get a quick buck this way, and often sell them.

But yes, being informed is always good - probably should change the thread topic to reflect that.

trielementz

trielementz

Wilds Pathfinder

Join Date: Dec 2005

Spectra Sg [SpcA]

W/Mo

Should the price of the trade contracts be tied to the purchase price of the gems? Seems to me it should be pegged to the sale price of the gems instead. Pedantic I know, but still...

Tainek

Tainek

Wilds Pathfinder

Join Date: Dec 2005

[Rage]

Quote:
Originally Posted by Zinger314
There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )

7 Trade Contracts, given from quests in Vabbi, can be traded to a Vabbi Trade Official for a Ruby/Sapphire/Diamond, which are necessary for the 5k Vabbi armor. (That's why they are 5k at the Rare Material Vendor. Very high demand.)

Not many people know this. Thus, you can see a scam waiting to happen, similar to the Imperial Commedations in Factions.

I've seen many people offer 300g-500g per Trade Contract in Kodash Bazaar. 7 of these contracts amount to 2100g-3500g. Since the Gems can be sold for atleast 5000 each, that's a 1500g-2900g profit for doing nothing.

Therefore, don't sell your Trade Contracts for anything less than 700g. That way, they will break even if they are trying to scam you.

There are lots of quests in Vabbi for Trade Contracts. Turn them in for Gems for your armor, or sell them for 700g. But don't undercut yourself.

this=! Scam, people really need to think before they speak

this is just common buisness, buy low , sell high

if you offer to sell your car for 2K, even though i know i can get 40K for it, would that be a scam? of course not, and this is no different

(and yes, that means buying black dye for 1g isnt a scam either, get over it)

Zinger314

Zinger314

Debbie Downer

Join Date: May 2006

N/Me

Quote:
Originally Posted by Tainek
this=! Scam, people really need to think before they speak
A scam is explicitly manipulating the uninformed. Now you are informed.

Yeesh. You people are discrediting the entire problem just because I called it a "wardrobe malfunction" instead of "Janet's Jackson's boob fell out."

nugzta

Krytan Explorer

Join Date: Nov 2005

Some people just dont know what scam is. If 2 people agree on set price, thats not scam. Scam if 2 people agree on the price but in the end the person cheat (say using plat-gold trick) thats scam.

I suppose if I bought greens at normal price not knowing double green drop weekend coming (which will greatly affect the price) means I have been scammed. What a stupid thread this is.

Ellador Nae

Ellador Nae

Frost Gate Guardian

Join Date: May 2006

GMT+1

Hardly stupid! Now people know the real worth of those items.

Doesn't matter if you call it a scam or not.

And I never understood why people buy Imperial Com., Monast.Credits, Hydra Claws etc. - never cared actually. But whenever I see hoards of "WTB all your..", I most definitely won't sell my stash right off the bat, before I know what the deal is.

Feurin Longcastle

Feurin Longcastle

Academy Page

Join Date: Oct 2006

Even if it's not a scam in the classical sense, it's something that players should be made aware of. I don't see it as any different as those individuals who go to pre-searing offering to buy black dyes for chump change. To claim it's simply good business is ridiculous; the dye trader will always give them far more for it. They're preying on other people's inexperience. It's immoral if nothing else.

Sidra

Sidra

Jungle Guide

Join Date: Mar 2006

CT

NITE

R/

Quote:
Originally Posted by Zinger314
A scam is explicitly manipulating the uninformed. Now you are informed.

Yeesh. You people are discrediting the entire problem just because I called it a "wardrobe malfunction" instead of "Janet's Jackson's boob fell out."
and faggot means a pile of sticks. Definitions change, and in the case of GW, it usually means using some trick to "scam" gold off of people (switching in trade, crazy crap like that). This, I would not call a scam. I'd just call it a difference in interest. People can do what they want w/ their trade commendations. Selling them low is just hurting them, and if they're that far in the game, they should be intelligent enough to cross-reference prices and wares. Blah.

DFrost

DFrost

Krytan Explorer

Join Date: Jul 2005

Ultima Thule

Legacy of Echovald [Echo]

P/

Not that a video game has anything to do with stock markets, just throwing some random thoughts in the air here:

At least here in Finland there is a clause that can render a contract null and void if one side of a trade has information that gives him/her an unfair advantage over the other side. So if I had inside information that company X is going to make huge profits over the next accounting period and I bought said company's stocks dirt cheap from clueless person Y, Y could file a claim against me later and win.

SirErnieMacGloop

SirErnieMacGloop

Frost Gate Guardian

Join Date: Sep 2005

Area 52

OK, to make everyone happy here is a suggestion for the title of the thread:
'Warning! Check the prices of gems before you sell your trade contracts.'

Somehow I think using the word 'scam' is more of an eye-opener/attention getter than the above. Either way Zinger gets the point accross simply and elegantly. For those arguing semantics, meh.

Thanks for the GW public service announcement Zinger.

Sid Soggybottom

Banned

Join Date: Oct 2006

Dude, so many of you are missing the point. Zinger is doing a good thing here informing that people are trying to cheat people out of their potential gold and sapphires/rubies. Who cares that he calls it a scam? And those people blaming the victim? Not everyone knows everything about the game that there is to know.

Yawgmoth

Yawgmoth

Furnace Stoker

Join Date: Apr 2005

This is not a scam, just as WTB'ing anything for a very low price isn't.

A single Trade Contract isn't worth 1/7 of a ruby to someone that won't get another 6 of them. So if a person doesn't want to get more of them and the single one is just taking his storage space, selling it for 500g is a much better alternative than exchanging 1 for a salvage kit or other crap. those NPCs are real scammers

Anywyay merch buys gems for about 3500 so thats even anywyay.

kimahri

kimahri

Lion's Arch Merchant

Join Date: Sep 2005

Defenders of the Blackblade [DotB]

E/

Zinger, I think I might have seen you warning people in that small town above Kadash Bazaar (don't have the game here and don't remember the name). Ty for the warning anyway.

Bale_Shadowscar

Bale_Shadowscar

Wilds Pathfinder

Join Date: Sep 2005

Manchester, England

New Dragons [NDR]

Ok does it matter if its a scam or not?

The point is now you all know what the value of a Trade Contract is worth, without having to work it out yourself when someone says "Can I buy your trade contracts for 400g each?"

Mr. G

Mr. G

Desert Nomad

Join Date: Jul 2006

S. Wales

Mo/Me

Quote:
I love the people selling "Swamp Flowers" for 100-300g in Kamadan. Oh yeah, because walking right outside the zone from the Astralarium and picking one off the ground in a 2 second trip is a service! /sarcasm
ahhh, When i first got one i found out you can get endless amounts from one flower...spent the day gaving them to pretty ladies (i kid you not) or anyone else who wanted them

Now if i see anyone trying to sell them I simply spam

"Free Swamp flowers, equal to a random vail of dye!"

the conmen soon shut-up

Sarevok Thordin

Sarevok Thordin

Desert Nomad

Join Date: Apr 2006

Scotland

W/N

It's another way for me to annoy people (i.e inform people in the same room as the guy trying to get the contracts)

Alias_X

Alias_X

Desert Nomad

Join Date: Apr 2005

Not a scam, but thanks for the warning.

Saphrium

Saphrium

Krytan Explorer

Join Date: Oct 2006

Granite Citadel

Post Searing Ascalonian Merchants

N/Me

This is not a scam, plain and simple, knowledge is power, without the knowledge of market price, you will not get a good deal for your stuff, plain and simple.

Scam has to falsely discredit the opposition, by what zinger said, most pawn shops and antique dealers in the world are scammers.

Doomlord_Slayermann

Doomlord_Slayermann

Jungle Guide

Join Date: Jul 2005

Chicago IL

Dark Phoenix Risin [DPR]

W/P

Regardless of whether this is a scam or not, it is something that everyone should be aware of. The argument about whether or not it technically is a scam is pointless, and I really don't understand why we're having it.

Zinger314

Zinger314

Debbie Downer

Join Date: May 2006

N/Me

Well, it seems natural selection is taking its course. Many people in Kodash Bazaar are now warning people about the...uh..."trick," and there's often a huge debate whenever anyone tries to buy Trade Contracts cheaply.

Count to Potato

Count to Potato

Jungle Guide

Join Date: Feb 2006

Imagination Land

I Swear She Was Eighteen [Gwen]

W/

scam is manipulating money out of someone else, if they seell for 500g everyone makes a profit

Narutoscryed

Narutoscryed

Banned

Join Date: Dec 2005

In the woods

Elite Crew

W/E

I belive we may need the dictonary refference to the term scamming as a sticky on this forum.. because alota folks seem to think smart buisness = scam..


I once asked to see a persons item that they had for sell.. it was a req 9 15^50 chaos axe.. i was very interested and asked the price.. he said offer.. i said 50k

he accepted my offer.. and i got the axe for 50k

He later pmed me back saying that i scammed him because he did not know the real value of the item he was selling... but that is his fault not mine.. so i made money off his lack of knowlege.. unfortunatly that is smart buisness not scamming..

had he not been such a duech about it i would have given him the axe back with a refund.. be he threatend to report me.. and called me all sortsa names.. so im enjoying my chaos axe still to this day.

Jesse

Jesse

Krytan Explorer

Join Date: Feb 2006

New York

Vanquishing Memories [VM]

Mo/Me

This is no scam, its a mere sign of how stupid people can be.

-Loki-

-Loki-

Forge Runner

Join Date: Oct 2005

Quote:
Originally Posted by Sidra
and faggot means a pile of sticks. Definitions change, and in the case of GW, it usually means using some trick to "scam" gold off of people (switching in trade, crazy crap like that).
They are scamming gold off of them by exploiting the fact that those people don't know what the trade contracts are used for. It's still scamming even in your 'Guild Wars definition' of scam - it's tricking people out of gold they could make by selling the gems for more than they are being offered for the contracts. You are really bad at arguing a point.