I used to buy Greater Mark of Potency with 250 gold each from other players. And a friendly guy just sold me one for 200 gold and said only scammers want to sell for 250 gold each. His words inspired me to try to figure out currency calculation.
Is there a reliable way to calculate items' prices in gold accurately?
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Btw, by comparing the results of currency conversion between Priceless Platinum Bowl and Potion of Superior Healing on Auction House, I just found that the result from Potion of Superior Healing is closer to the price I paid for GMoP and Priceless Platinum Bowl is apparently being overpriced. For you who want to convert AD to gold at the moment, buying Potion of Superior Healing is more profitable.
Perhaps not 1200 gold but I would have paid 800-900 per SMOP. Still will.
And if someone accumulated a lot of gold or want to trade guild gold for something useful but not hassle with the gold trade, overpaying sounds plausible.
Though all this 50 - 100 or even 250 gold trades sounds like a lot of work. Easier to run SoT 2 times. Or edemo for salvage.