People hoarding Sapphires like crazy?

generik

Desert Nomad

Join Date: Jun 2005

I guess someone must have discovered a hidden NPC in the game and he is just not tellin'

Is it just me, or has anyone else noticed that sapphires have not been selling at the trader since like 2 weeks ago? I only wanted to get 15 more to complete my stack of 250

Malice Black

Site Legend

Join Date: Oct 2005

some on sell in droks (american server) like 10mins ago was 1.7k each or something stupid

Vermilion Okeanos

Forge Runner

Join Date: Feb 2005

I really wonder what happened to it.

There are no way anyone going to sell it to merchant now, since it is like 550 or something to sell to merchant when the merchant has none, which doesn't make alot of sense.

dreamhunk

Banned

Join Date: Mar 2006

:P

E/Me

Lol guies like me are buying them up I like them nice and cheap I am now worked on the gems now it is the red ones.

I figure when the armors are out man I going to look cool

Rahl

Rahl

Furnace Stoker

Join Date: Apr 2005

Austin, Tx

Mmph Its [Good]

Mo/

I got one the other day in FoW and wanted to sell.. but the traders have no prices!

If any of you want to buy it, cntact me ingame ^^

Mr_eX

Mr_eX

Frost Gate Guardian

Join Date: Dec 2005

Ice Tooth Cave

Opt and Niho Private Chat [lulz]

N/Me

People are hoarding them for when the price is going to spike right before the release of chapter 3, once all of the "l33t r00by armor" rumors are in full swing. I guess a few people decided to clear out the rare material trader and are counting on the fact that they'll be able to get their money back in September/October.

jackie

jackie

/retired

Join Date: Dec 2005

On the Beach

I'm pretty sure some big farming guild(s) has bought the sapphires.

Misc Merik

Misc Merik

Frost Gate Guardian

Join Date: Jan 2006

America

Fugitives of Kurzick (Fok)

W/

Ill deal with a ruby/saphire based armor when it comes. Im not going to buy the trader out on speculation alone.

Opeth11

Opeth11

Desert Nomad

Join Date: Oct 2005

Richmond, British Columbia, Kanada

Demon of the Fall [Opet]

Mo/Me

Quote:
Originally Posted by Misc Merik
Ill deal with a ruby/saphire based armor when it comes. Im not going to buy the trader out on speculation alone.
It's a speculation for sales.

Think of it like Steel. Many people stocked up on steel at 90 gold a piece, and when Factions came, they sold it for 400.

Profit +310.

Wheeeeeee~

TheMosesPHD

TheMosesPHD

Jungle Guide

Join Date: Feb 2006

Oregon

Mo Mo Patty Blinks [MoMo]

R/

Quote:
Originally Posted by Opeth11
It's a speculation for sales.

Think of it like Steel. Many people stocked up on steel at 90 gold a piece, and when Factions came, they sold it for 400.

Profit +310.

Wheeeeeee~
Ya but this speculation seems to be more of a self delusion. The speculation started before Factions, wagering that once Factions came out, there would be some valuable use for Rubies and Sapphs. But now Factions is out and we've seen that there still is no use for them. So Chapter 3 comes out, there still isn't a use for them. "Maybe Chapter 4! let's keep hoarding them up!". Chap 4...nope. "Maybe Ch. 5!" The speculation is sort of silly.

But despite what I just said, I can see how a chapter themed at least partially on Egypt might have a use for Rubies and Sapphires, though I would think Rubies and Sapphires to be more of an Arabian/Indian theme.

Vermilion Okeanos

Forge Runner

Join Date: Feb 2005

The thing about this particular speculation is, it can't be wrong, it just a matter of when.

SirJackassIII

SirJackassIII

Wilds Pathfinder

Join Date: Oct 2005

Belgium

none

N/E

Probably due to Gaile/Forgtalk of 6/8. Frog said:

Quote:
Originally Posted by Da Frog
In the future, a few things of interest may be found. Things of uniqueness. Things of value. Things, too, of use to citizens. Small they may be, and few in number, but still, desireable in some minor way
So yeah, some people read that as jewelry.

Kaguya

Desert Nomad

Join Date: Jan 2006

Moon

Mo/

Quote:
Originally Posted by SirJackassIII
So yeah, some people read that as jewelry.
But Sapphires are dropping in the present, not in the future, and the have been dropping in the past as well

Ohwell, whatever makes people happy.

ps. suppose they will drop in the future as well, but I think froggy is indicating a new drop, collectable or something else.

Opeth11

Opeth11

Desert Nomad

Join Date: Oct 2005

Richmond, British Columbia, Kanada

Demon of the Fall [Opet]

Mo/Me

Whether there will be use for Sapphires and Rubies in future chapters, there will be a large price spike in those 2 materials right before the release of Chapter 3 just because people believe that they can 'cheat' their way into getting cheaper armor.

Seeing that Sapphires are very cheap right now, they can be sold to the merchants prior to the release, whether the hoarder wants the new armor or not.

Example - I purchase 250 Sapphires now for 500k. Chapter 3 is coming out next week, and sappires are sold out at the merchant. Demand is extremely high for the item, but supply is low, because I've hoarded it all (hypothetically). Selling price for the Sapphires are now at 6k, 4k higher than which I have purchased then for.

Pow, monster profit for Opeth. Opeth goes on a shopping spree and buys The MosesPHD a box of chocolates.

The power of speculation should never be under-estimated.

Evilsod

Evilsod

Banned

Join Date: Mar 2006

England

Lievs Death Squad [LDS]

Quote:
Originally Posted by TheMosesPHD
Ya but this speculation seems to be more of a self delusion. The speculation started before Factions, wagering that once Factions came out, there would be some valuable use for Rubies and Sapphs. But now Factions is out and we've seen that there still is no use for them. So Chapter 3 comes out, there still isn't a use for them. "Maybe Chapter 4! let's keep hoarding them up!". Chap 4...nope. "Maybe Ch. 5!" The speculation is sort of silly.
There is 1 thing i don't get though. The Gemstone weaponary... why are they not craftable using Sapphires/Rubies?

Shadow Dragon

Shadow Dragon

Frost Gate Guardian

Join Date: May 2006

Harrismith, South Africa

[SAGA]

W/Mo

i got a sapphire drop in vizunah square yesterday. a guildie of mine got a ruby drop on shing jea.

Numa Pompilius

Numa Pompilius

Grotto Attendant

Join Date: May 2005

At an Insit.. Intis... a house.

Live Forever Or Die Trying [GLHF]

W/Me

Pretty sure there's something going on. Sapphires are sold out, rubies are still pretty cheap. That's suspicious.

Also there's something funky with the trader. He listed "last sold" as 570 gold for a sapphire, but only offered 100 gold when I asked for an offer. And he was sold out.

Hockster

Hockster

Banned

Join Date: Jul 2005

http://www.guildwarsguru.com/forum/s...ight=sapphires

Numa Pompilius

Numa Pompilius

Grotto Attendant

Join Date: May 2005

At an Insit.. Intis... a house.

Live Forever Or Die Trying [GLHF]

W/Me

Thanks Hockster, that almost precisely sums up why we're surprised at the present boom in sapphire trading.

makosi

makosi

Grotto Attendant

Join Date: Mar 2006

"Pre-nerf" is incorrect. It's pre-buff.

Requirement Begins With R [notQ]

Me/

I have 3 Sapphires which have dropped for me within the past month and the trader is offering me 250g fort them - what cheek!

Hockster

Hockster

Banned

Join Date: Jul 2005

"Market control" of a useless item. Sure sounds like a plot of the denizens of Moron's Grotto. Not exactly the highest IQ outpost in the game. Kinda like Ken and Barbie do Guild Wars.

Shadow Dragon

Shadow Dragon

Frost Gate Guardian

Join Date: May 2006

Harrismith, South Africa

[SAGA]

W/Mo

i'll wait and see what happens. if there is something going let it go on. if there is some mysterious crafter let it be there. if not who gives a ****. not me. i'll wait for when it actually arrives in game and is confirmed here.