Golden Chaos Axe

Always those germans....

Aber ist ja gut, da kann ich endlich mal deutsch sprechen in diesem Forum! ;-)

Also, ich denke die ist in dem Zustand vielleicht 80k wert, baust du aber noch 2 perfekte Upgrads rein (zum Beispiel anstatt dem Blitz Schaden haust du ein 10/10ner Adrenalinupgrade rein und zusätzlich noch +30 Leben), dann ist sie viel wert. DIe Ups zusammen kosten zwar 60k, aber mit denen tippe ich auf einen wert von 300k!


For all those Americans here ;-):

I think the axe would be much better if he would upgrade it with a 10/10
armor penetratin upgrade and a +30 life upgrade. WITH those 2 upgrades its about 300k for this axe. (sorry for my "broken" english, i'm german too) ;-)

Naja, wie schon gesagt, in DEM zustand sit sie wenig wert, weil sie praktisch keine gescheiten upgrades hat. Aber wenn du die investition tätigst, 2 perfekte ups zu kaufen, dann kann ich mir lokcer etwas über 300k vorstellen, vielleicht sogar 500k, aber eben NUR mit den guten upgrades, die ich an deiner stelle auf alle fälle kaufen würde!

750-1mil

Not anymore. There was a time when these axes were worth millions, but they are very common now and have been dropping from FoW chests in a manner that has rendered them far less valuable. It is still a very nice axe, but its value will continue to decline. I have a post where I have been buying some of these formally valuable items according to a schedule that people have told me they now use as a price check for these items. The truth of the matter is that I will have to continue to revise the prices downward as the number of these axes and other items continue to exceed the number of people who can and want to purchase them.

Here is my offer thread, bEnE, if it is of help to you. I would be willing to buy your axe if you would like. You may get varying offers depending on how familiar the purchaser is on the economic trends within the game, but my advice with these kinds of items is to sell them sooner, rather than later, as their value is eroding.
http://www.guildwarsguru.com/forum/s...ad.php?t=66711

Agreed. For 750k I'd keep that. Don't let it go for under a clean million (if you upgrade it). You may have to sit on it a while but unless you need the cash immediately you'd be foolish to sell for 750k.

~Nef~

Well i guess I'll input. It is worth 1 million, they are losing value but not to the point that req 8 15>50 is worth less than a million. I dont think mods would benefit substantially, as most people that bid on this bid for the damage mod, and may want to put on their own personal mods.

Are you guys playing the same game I am? Do you really think there is benefit in holding on to these and refusing to sell for less than a million? I, like each of you, watch the trends in the Sell forum and I have to tell you, the offers these things are getting (the offers everything is getting) are low. No one really wants to part with them, but no one really wants to buy them, either. The bidding is an effort to overcome the seller's emotional attachment to the item, not in competition with other buyers. But as more and more and more of these axes flood into the game, the emotional attachment is sure to disappear, too. There are chests being unlocked thousands of times every day, but there are not that many new people starting the game. Everyone ought to hold on to one really nice chaos, storm, and fell just to have it (or if you are like me one of every possible requirement), but beyond that, how can it possibly be better to wait than sell now? What scenario are guys imagining where value could increase?

You should post your thoughts in my economic debates thread, Nef and Juliana (you already have, right DB?): http://www.guildwarsguru.com/forum/s...ad.php?t=68479

what blue is saying is that you should no longer try to hold on to it in hopes of selling for a million. some of the price checks you have received are based partially on older notions of an item's worth.

i would agree with blue on this one. gold chaos axes are no longer as rare as before. even though this is a really nice axe, its value is determined by what people are willing to offer for it. it might be worth 1 million in your eyes, but if no one is willing to buy it for that, then it really isn't. market determines the price, in my opinion.

and whatever you do, please don't add 10/10 sundering in an attempt to drive the value up. the base weapon is more important than the mods, because some people mod it themselves.

Well, if that's the case, then what you don't mean to say is that the axe is worth ("price checked at") 1 million gold; rather what you mean to say if you are basing you price check on people's current emotional attachment, is this: the axe is currently not possible to sell reliably. The vast, vast majority of buyers are only willing to pay around 500K at most for that axe, but many sellers would not part with it for less than 1 million gold, so it is, in the current market, likely to remain unsold.

That is an absolutely accurate prediction for the next month or so, but the "price check" as I understand it to be, is asking this question, "If I decide to part with it, what I am going to get for it." And that is around 500K right now.

Fair enough. I wouldn't.

http://www.guildwarsguru.com/forum/s...ad.php?t=67858 - Chaos axe that has been begging for days for a b/o offer of 950K and is claimed to have an offer at 91 ecto (819K if you value the ecto at 9K ea.) that might hold, but I would be surprized if it does. The top offer from the forum, that wasn't scrounged up advertising the axe in game is merely 30 ecto (270K) plus a req 12 storm bow 15>50 (a smart offer, if you ask me, because trading items is more likely to overcome that emotional attachment than offering gold when the market value of the axe is so much less than so many believe).

It is interesting to read the posts and see that a 750K bid specifically was made and quickly retracted as not reflecting anticipated market values. The market, you must remember, is always driven by speculation and what conditions are generally believed to be likely in the future.

I have to agree that FoW has been cranking out many more gold chaos axes since SF's release. I was in one recent group and observed 2 rare chaos axes dropped from 2 separate chests. I know 1 trip isn't a very reliable metric, but before SF I'd be lucky to see a gold drop every 2-3 visits. Now I see at least 1 per run thanks to the new chest/key system. With the current FoW rares drop frequency and proliferation, it's only a matter of time before every power-buyer has a 15>50 chaos.

I'm not really in the market for chaos axes since I use a sword tank, but I am seeing many more chaos axes being auctioned at Dist-1 LA, Droks, Ascalon, etc... just my observations, nothing more...

Juiliana, you are very wise, and I am just in a mood to pick a fight today, so please ignore me. I think that 1.2 million would be insane for that axe, and 550K (what I offer as a standing offer) is definitely on the low end right now, but is exactly where those axes are heading sooner rather than later. I have picked them up at various prices, but 550K is more than most people will bid in the forums now days, although I will concede, as I said earlier, it is less than most sellers are willing to sell for. So, looking at the numbers, we are probably both right: 1 million is too high, 550K is realistic but low, and 750K does seem about right, though like I said I have seen that exact bid retracted.

bEnE - I sincerely believe that it is hopeful to have an auction that ends above 750K for the axe, so I certainly wouldn't start there. You want your item to look like a bargain so lots of people get interested, it stays bumped, and eventually works its way up to maximum price. That's how auctions work: when you first start bidding you think you are looking at a great deal, but by the end you may have very well overpaid . . . Start low, maybe a minimum of 300K and keep 750K as a reserve in your mind. If you put 750K as the start bid, no one will bid at all most likely and the auction will be lost.

I think one problem with the current guild wars economy is that the auction method is so powerful that everyone wants to auction everything, but if you have set prices in mind, it would be better for the vast majority of stuff to sell it at set prices or at least name prices and negotiate a little from there. Instead by trying to auction everything (mods, imperfect weapons, crafting materials?? dyes???) people have overloaded the auction capacity. My advice: sell most stuff, auction the stuff that is exceptionally rare. The problem is there is not a good place to or effective means of just plain selling: all the forums (rpgtrader, this one, etc.) cater more to the auction style because shops get swept away and lost very quickly.

At any rate, I'm getting carried away again . . . This axe deserves to be auctioned, but start it at 300K and let it go up from there if you want to get any bids at all here in the forums.

do i sence a b---h fight ? :P
i agree with nef db and juliana firm 1 mil

woh. calm yall. i also agree at leask 750k...can probably get a kewl million!

Two qualifiers for that statement: 1) Low Req of 8! 2) perfect 15^50%.

nuff said/\.

Nice, expert traders debating.

What do you think about this?
Starting price is very low, but nobody seems to consider this axe


http://www.guildwarsguru.com/forum/s...ad.php?t=68942

BeNe, ich übersetze dir das mal, was die so gesagt haben:


WENN du die von mir genannten Upgrades reinbaust, DANN ist die axt eventuell 600k-1 million wert. Das ist eigentlich die Kernaussage, die deine amerikanischen "Freunde" gemacht haben! *zwinker*


In English:

I just translated what you said about the price, in a short-form!