Armbrace/Gems Price

Mcsnake85

Mcsnake85

Wilds Pathfinder

Join Date: Nov 2009

Italy

E/P

First off all sorry if this argument is old or it has been discussed,but i really dont understand how it is possible:
1x Gemset is usually sold for 11-14k [MAX], so we can say that
15x gemsets are around 165k - 210k [MAX].
1xArmbrace is around 20-23e,that in money means:
If e=6k 120k - 138k
if e=6.5k 130k - 149.5k
if e=7k 140 - 161k
if e=7.5k [max price you can see in those days] 150k - 172.5k

Now,if you take the min price of gemsets 11k/each, and you take max price of ectos then it is all normal, but if you try to put price of gemset to 12k/each you can see that cost of Armbrace is LESS than 15 gemsets...
How it is possible that if : 15 Gemets = 1 Armbrace
I really tried to find a reason,still dont find one lol..

ashes

Desert Nomad

Join Date: Oct 2007

Beertown ;P

RoP

E/Mo

I guess its because ppl are willing to pay more than they should for a gemset cus they just need that set to craft a brace themselves - or due to coffers (mallyx n fun! :O:O)

Maya Cerestiez

Maya Cerestiez

Frost Gate Guardian

Join Date: Oct 2009

Sweden

HYAHHHHH!

I've also been thinking about this.
Many guys are selling gemsets at 2e/each which makes an armbrace cost you 30e if you get it that way.

If I had 14 gems of each kind I would pay more than 11k for the last gemset though, doesn't feel as costy thinking you're getting your armbrace and only has to pay 12-13k for it.

And also, power trading

Seep

Seep

Lion's Arch Merchant

Join Date: Jan 2007

England

A/Mo

Think like this. ,15 gems will get you an armbrace but you will have to do the side quest to change that. Face it people are lazy to do the quest so its much easier to just buy the armbrace directly

LordDragon

Frost Gate Guardian

Join Date: Aug 2010

Dragons Den

E/

I am going to say it is the coffers that cause this. If there was no other use for gemsets you would see the prices equal out.

Surgo

Surgo

Academy Page

Join Date: Mar 2011

Quote:
Originally Posted by Maya Cerestiez
Many guys are selling gemsets at 2e/each which makes an armbrace cost you 30e if you get it that way.
Sellers are overoptimistic. I don't think anyone's ever managed to sell a gemset for 2e (without spamming it for a few days first, anyway).

asb

asb

Frost Gate Guardian

Join Date: Apr 2008

Europe

Me/

Unlike buying coffers or armbraces directly, acquiring gemstones grants you the choice of turning them into either. Is it worth the price? IMO no.

MrKGado

MrKGado

Frost Gate Guardian

Join Date: Jul 2009

USA

W/

The economics in this are quite interesting. I am going to assume the choice is the determining factor in the price difference. You can go a step further and look at torment weapons. They are usually cheaper than armbraces even though 15 gem sets = 1 armbrace = 1 torment weapon. With each transformation to the more specific item (gem sets to armbrace to torment weapon) you are losing flexibility. Like mentioned before, gem sets can be used for coffers or armbraces; armbraces can be used for torment weapons or currency; but torment weapons are normally the end product and only used to sell for use, not as a currency.
That's my take on it anyways.

impulsion

Wilds Pathfinder

Join Date: Sep 2008

Terra Noise [Zraw]

N/A

It's less so now, but when HoM first came out diamonds, rubies, sapphires were very high in price. The new survivor thing makes lightbringer scrolls high in price also. These things meant that (on average) you would make MORE money by crafting coffers than armbraces. This is also why you see people trading their armbraces for 15 gemsets.

Bright Star Shine

Bright Star Shine

Furnace Stoker

Join Date: Nov 2009

Belgium

Club of a Thousand Pandas [LOD???]

E/

Quote:
Originally Posted by impulsion View Post
It's less so now, but when HoM first came out diamonds, rubies, sapphires were very high in price. The new survivor thing makes lightbringer scrolls high in price also. These things meant that (on average) you would make MORE money by crafting coffers than armbraces. This is also why you see people trading their armbraces for 15 gemsets.
Did this when the Survivor updated. Traded 150 gemsets for coffers, calculated, made 400k more than I would have with armbraces.

Also, I always sell my gems for 12k/set because it actually sells faster and yields more

Mcsnake85

Mcsnake85

Wilds Pathfinder

Join Date: Nov 2009

Italy

E/P

Quote:
Originally Posted by MrKGado View Post
The economics in this are quite interesting. I am going to assume the choice is the determining factor in the price difference. You can go a step further and look at torment weapons. They are usually cheaper than armbraces even though 15 gem sets = 1 armbrace = 1 torment weapon. With each transformation to the more specific item (gem sets to armbrace to torment weapon) you are losing flexibility. Like mentioned before, gem sets can be used for coffers or armbraces; armbraces can be used for torment weapons or currency; but torment weapons are normally the end product and only used to sell for use, not as a currency.
That's my take on it anyways.
This is can be a VALID reason,dont thought that!

Arduin

Arduin

Grotto Attendant

Join Date: May 2005

The Netherlands

Limburgse Jagers [LJ]

R/

Quote:
Originally Posted by Seep View Post
Think like this. ,15 gems will get you an armbrace but you will have to do the side quest to change that. Face it people are lazy to do the quest so its much easier to just buy the armbrace directly
By your logic an armbrace would cost more than a gemset. According to the OP it is the other way around.

AngelWJedi

AngelWJedi

Furnace Stoker

Join Date: Sep 2008

orlando,florida

Society of Souls [Argh]

Rt/E

forgot to factor in the time it takes to get all those gems.xD it does take time so maybe the extra amount is to covert the time it takes to get all those gems. plus i know when i was buying gems i say wtb gem a for 5k then someone comes along and goes 6k. >> that adds up too

Sk8tborderx

Sk8tborderx

Jungle Guide

Join Date: Nov 2005

PA

Us Are Not [leet]

W/

Gemsets cost the most because they can be made into either coffers or armbraces, so they have more demand. Every time you craft something (Gems->armbrace->weapon), demand drops, because your target market gets smaller. Smaller target market = less demand = lower cost to sell in a reasonable amount of time.

Ghost Dog

Krytan Explorer

Join Date: Mar 2008

W/

Deregulated market run by amateurs.

Venganza

Wilds Pathfinder

Join Date: Feb 2011

Fire

Coffers, pure an simple

/thread.

jimbo32

jimbo32

Site Contributor

Join Date: Aug 2008

Canada

Gentlemens Club [GC]

W/

Quote:
Originally Posted by Sk8tborderx View Post
Gemsets cost the most because they can be made into either coffers or armbraces, so they have more demand. Every time you craft something (Gems->armbrace->weapon), demand drops, because your target market gets smaller. Smaller target market = less demand = lower cost to sell in a reasonable amount of time.
So the market is smaller for arms than it is for gemsets? No offense, but do you trade at all?

Imo, the reason that the prices are sort of off is because there's tons of armbraces in-game. High-end traders use them for stuff like asian minis, oldschool req7 and req8 weapons, unconditionals, etc. They're a type of hoarded wealth just like ectos, whereas gemsets and tormented weapons are not. When someone who has a few stacks of arms in their Xunlai needs some quick ectos for whatever reason, I don't think they head to the UW to farm.

cthulhu reborn

cthulhu reborn

Wilds Pathfinder

Join Date: Jan 2007

the Netherlands

W/Mo

There is an even simpler reason: not everybody is good at saving money. Buying sets separately means that you never have 100k to spend on something else that comes by. Don't argue that it's a bad idea, it's the way it is. Not everybody has the same amount of patience and money or ecto's burn in their pockets. The gems can only be used for coffers or armbraces. Much easier to control the impulse that way.

Don't forget that not everybody is good at trading and such. Even when you know saving money is better and cheaper in the long run, doesn't mean you will save. Look at real life.

Vogon

Vogon

Ascalonian Squire

Join Date: Mar 2009

Latter Day Knights

W/Mo

My guess for the gem set price at about 14k may stem from individual gem prices being 5k + 4k + 3k + 2k =14k from what I am seeing in trade chat.

Mcsnake85

Mcsnake85

Wilds Pathfinder

Join Date: Nov 2009

Italy

E/P

Quote:
Originally Posted by Vogon View Post
My guess for the gem set price at about 14k may stem from individual gem prices being 5k + 4k + 3k + 2k =14k from what I am seeing in trade chat.
If someone buy gemsets for 14k/each that mean 14k*15=210k , lol...the armbrace worth 20/21e that is,with e=7.5k, 150-157.5k...

So,i suppose that gemsets worth more because:
* you have more choice of what to do with them
* you can test your luck with Coffers

Painbringer

Painbringer

Furnace Stoker

Join Date: Jun 2006

Minnesota

Black Widows of Death

W/Mo

HOM needs one weapon from the DOA to be considered a full collection. So price is little concern to finish the collection and get them points

Its like pokemon Gotta get 'm all

Haggis of Doom

Lion's Arch Merchant

Join Date: May 2009

TGB

W/

Bulk discount: if you buy more, you pay less per unit. Nothing new here

Mcsnake85

Mcsnake85

Wilds Pathfinder

Join Date: Nov 2009

Italy

E/P

Quote:
Originally Posted by Haggis of Doom View Post
Bulk discount: if you buy more, you pay less per unit. Nothing new here
Not true here, you pay more for 15 gemsets than 1 ambrace.(and the difference is big LOL)
IMO they must be have same value, but as someone said, with gemsets you have more choice on what to do. With armbrace you are limited to buy a tormy weapon.

Riot Narita

Desert Nomad

Join Date: Apr 2007

Maybe because people can afford to accumulate gemsets slowly, over time, using cash. And prefer to do that than convert their cash to Ectos, then ultimately trade their Ectos for an Armbrace?

Also, wasn't there an Armbrace-duping exploit a long time ago? If so, the comparitively lower price of buying Armbraces (vs gems) may be a hang-over from that.

Bright Star Shine

Bright Star Shine

Furnace Stoker

Join Date: Nov 2009

Belgium

Club of a Thousand Pandas [LOD???]

E/

Quote:
Originally Posted by Riot Narita View Post
Also, wasn't there an Armbrace-duping exploit a long time ago? If so, the comparitively lower price of buying Armbraces (vs gems) may be a hang-over from that.
The dupe exploit has nothing to do with armbrace prices now.. At the time the duping took place armbraces were ~48-54e I seem to recall.. But ecto was like 4k at the time as well, so, it's about the same now.. Gemsets sold for 13k/ea back then I remember quite well.

Rushin Roulette

Rushin Roulette

Forge Runner

Join Date: Sep 2007

Right here

Ende

Quote:
Originally Posted by Bright Star Shine View Post
The dupe exploit has nothing to do with armbrace prices now.. At the time the duping took place armbraces were ~48-54e I seem to recall.. But ecto was like 4k at the time as well, so, it's about the same now.. Gemsets sold for 13k/ea back then I remember quite well.
Actually the duping incident was way before the ecto price drop to 4k/ Ecto.

It is true that at the time of Duping each Armbrace was around 50e, but the Ectos back then were at around 6-8K per Ecto (they had recently dropped from 15K per Ecto). Much later at the highpoint of Shadowform farming, the Ectos dropped to 3-4K and after the 3rd or so SF nerf and the introduction of the HoM calculator they shot up to the point at where they are now.

Bright Star Shine

Bright Star Shine

Furnace Stoker

Join Date: Nov 2009

Belgium

Club of a Thousand Pandas [LOD???]

E/

Quote:
Originally Posted by Rushin Roulette View Post
Actually the duping incident was way before the ecto price drop to 4k/ Ecto.

It is true that at the time of Duping each Armbrace was around 50e, but the Ectos back then were at around 6-8K per Ecto (they had recently dropped from 15K per Ecto). Much later at the highpoint of Shadowform farming, the Ectos dropped to 3-4K and after the 3rd or so SF nerf and the introduction of the HoM calculator they shot up to the point at where they are now.
Pff, it's all so blurry, it was around the time Ursan thrived I seem to remember and I don't know the exact details anymore^^ I was a lot younger and not so busy with GW economics at the time^^

AngelWJedi

AngelWJedi

Furnace Stoker

Join Date: Sep 2008

orlando,florida

Society of Souls [Argh]

Rt/E

i think its because people need a certian gem badly when they see what others are offering for one they go higher. which for some people make them offer more. its a crazy cycle.