Why are things so overpriced?

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W
William the Only
Ascalonian Squire
#1
Why are things in the Auction section so overpriced???

80k for a r9 insc. chaos axe???
30k for a str exalted aegis???

These are like 5x overpriced!
Do people actually expect people to bid on that garbage!?!?!
Konker2020
Konker2020
Krytan Explorer
#2
30k for a gold strength ex aegis is actually pretty average, as for the chaos axe it isnt overpriced either its just the high end of the average pricing, why qq? Just dont buy it.
Kattar
Kattar
EXCESSIVE FLUTTERCUSSING
#3
Who says they're overpriced? Prices are player driven. If you don't want to buy them at that price, don't buy them.

Hang around a little longer and you'll see the price fluctuations with items. You'll learn the average price of things as well with enough looking.
m
majikmajikmajik
Wilds Pathfinder
#4
Can YOU find a q9 max INSCRIBABLE Chaos Axe?
Acquisition

Obsidian Chest
Zaishen Chest

also the exalted aegis is probably the skin, not the green.
Acquisition

The Deep - Random drop
Deep Jade Chest
Kanaxai's Chest
Urgoz's Warren - Random drop
Stoneroot Chests
Urgoz's Chest

Not easy items or areas to farm/get so yeah those are decent prices.
subarucar
subarucar
Desert Nomad
#5
Nobody is forcing you to bid on that item, I see many items I think are overpriced, I hit the back button and go into the next WTS thread/Auction.
m
majikmajikmajik
Wilds Pathfinder
#6
not only all this, but everything has a price, and everything is worth something to someone. ive had a friend buy a cigarette for $0.50 knowing it should cost .25, but he REALLY wanted it so he paid more(I know that was a bad example, but an example it was!). its kinda like that in GW when you want something bad enough.
B
BadgerzFTW
Academy Page
#7
QQ? Money is so easy to get in this game. It's funny that you think stuff is overpriced now when some runes were 80k+ and Greens were 100k a while ago.
HawkofStorms
HawkofStorms
Hall Hero
#8
Most things are overpriced. 90% of people trying to sell stuff in towns with all their "perfect" crap items never actually make a sale. Just because people are selling doesn't mean people are buying at those prices.
Truegen
Truegen
Frost Gate Guardian
#9
Also take into consideration that 2 things are true about a seller:
  1. Sellers will automatically price something high because if they find the one person who REALLY wants it, they will buy it at that price without argument
  2. Sellers price high because they expect people to offer something much lower to begin the bargaining process. If the seller wants to realistically part with an item for 50k, they will probably price it somewhere between 50-60k

If you think a price is just too outrageous, the best display of your anger is to ignore the thread completely
Cloud_Deven
Cloud_Deven
Frost Gate Guardian
#10
If you look back to a year or two ago the prices for those same items were so much higher. IMO prices for most rare stuff is under priced by comparison.
Island Guardian
Island Guardian
Krytan Explorer
#11
Less of an availability of item X = more people want item X = Item X is more expensive
y
yCoRrUpT
Ascalonian Squire
#12
no clue why items are so over priced i just buy like 3K worth of upgrades and a plain item and get the same item out of something thats 50K
T
The Air Revenger
Lion's Arch Merchant
#13
not over priced, and even if it is no one is forcing you to buy it.
N
Need More Donuts
Banned
#14
Supply and Demand it's as simple as that....
You better get used to it too because that is how the real world works...
Island Guardian
Island Guardian
Krytan Explorer
#15
Kanaxi=1000 arms= 45,000e isnt over priced
dilan155
dilan155
Desert Nomad
#16
somethings are rare, they are worth more, makes sense. also those prices are expensive at all, and i mean at all. a lot of things in GW are very cheap too, any green, just as good as any other perfect weapons, are worth like 5k when the same item but not green is worth like 30-40k. belive it or not a lot of people have enough money to buy those things every so often. take a look at rare mini pets in high end, if you think 80k is high then your heart will stop at those prices. Everything has a price, and that price is however much the buyer is willing to pay for it and the seller sell it for.
L
Lux Aeterna
Jungle Guide
#17
Whenever you see an item for 80k, you should know that if you look around a bit you'll be able to find something just as good for 12k -- for example if you find a q11 chaos axe insc or oldschool with the inscription you want, it'll probably be 10k.

Either that, or wait till the price drops and people get pessemistic, then you can find one for like 5k.

q9 expensive skins = for rich people
q10-13 expensive skins = dirt cheap and just as good

WTB q9-10 heal BDS 70k OBO
AngelWJedi
AngelWJedi
Furnace Stoker
#18
Quote:
Originally Posted by Truegen View Post
Also take into consideration that 2 things are true about a seller:
  1. Sellers will automatically price something high because if they find the one person who REALLY wants it, they will buy it at that price without argument
  2. Sellers price high because they expect people to offer something much lower to begin the bargaining process. If the seller wants to realistically part with an item for 50k, they will probably price it somewhere between 50-60k

If you think a price is just too outrageous, the best display of your anger is to ignore the thread completely
or 3) the seller isnt sure of the price and puts down a random number. i do that sometimes.
notskorn
notskorn
Lion's Arch Merchant
#19
80k for a scribable chaos axe is a pretty good deal.
Xsiriss
Xsiriss
Jungle Guide
#20
Yeh things like inscribable chaos axes are hard to come by,the only one I've got was z-chest luck (q9 too ftw).Thing like that and say jitte's are expensive because you don't see inscribable ones often.