Coins vs Gold

pull out a calculator and find out

if you currently have coins, the 2% it costs to convert that into gold may not be worth it

however, if you currently have gold, you are almost guaranteed to get a better deal if you buy them with your gold

it wont be a huge difference either way, but its very simple math to find out

In Lost City the badges were 7,5~8k in the first three days and gold was 825~900k
( was cheaper to buy with gold)

Today they are 8~9k and gold almost touches 1mil.
(Cheaper to buy with coins)

Okeano - Harshlands wrote: »

It's always cheaper to get gold with your 20 mil from bid (the bottom list of the AH, not the direct buy on the top list). The only way to get rep badges is with gold, and all the badges you see in shop are bought with gold then sold at a profit for coins. So badges bought with coin will always be more expensive.

Unless they have ripped the MoG's out of the game and nobody wants them anymore, and the paniced vendor is trying to recoup some of there inevitable losses. ijs

Calculate it yourself, since every Server has different prices.

Calculate it 4 times tho (i take prices from Dreamwaver as an example).

1. with current Goldprice for Seller (f.e. Selling price for 950k)

Lets say you need 200k rep and you buy it with gold in packages (50 Badges cost 45 Silver)

200k rep / 25 per badge= 8000 badges needed
8000 / 50 = 160 packages needed
160 packages *45 Silver = 72 Gold needed
72 Gold * the current Goldprice for seller of 950k~ = 68,4mil

2. with current Goldprice for Buyer (f.e. Buying price at 900k) and compare to catshop

200k rep / 25 per badge = 8000 badges needed
8000 / 50 = 160 packages needed
160 packages *45 Silver = 72 Gold needed
72 Gold * the current Goldprice for buyer of 900k~ = 64,8mil


3. with average Goldprice when it drops (at Dreamwaver its around 700k-800k)

200k rep / 25 per badge = 8000 badges needed
8000 / 50 = 160 packages needed
160 packages *45 Silver = 72 Gold needed
72 Gold * average price when it drops 750k~ = 54mil

ofcourse you would need to wait till next rep sale, cause i doubt that the price drops till they are out of the boutque

4. with the price in catshops (each 8-9k) compare with calculations above

200k rep / 25 per badge = 8000 badges needed
8000 badges * 8,5k = 68mil <--almost same as you would buy it to "selling" price in AH

So not much difference here.

If you have only coins and want it desperatly now, buy it with coins or to goldprices for "buyer". Its always cheaper. People buy gold when it drops and invest in badges to sell it with profit (at current goldprice).

If you have already gold and you want it now, buy it with gold. Then you would have less trouble with fee etc.

My personal advice:
If you have gold, sell it now. Buy more gold with profit when it dropped (most likely in half month, when rep sale is over). Keep the gold till next rep sale and invest it in badges through the boutique.

If you have only coins, wait till gold dropped and buy it. Invest it in next badge sale.

IMO..i m not in hurry to get rep gear and i survive without it as well.


PS: i need rank8 as well on my cleric thats why the math. Feel free to correct if i calculated something wrong..but thats what i m going to do

ColdSnow - Dreamweaver wrote: »

Calculate it yourself, since every Server has different prices.

Calculate it 4 times tho (i take prices from Dreamwaver as an example).

<snip>

- Your math does not take into account Auction House tax. If you always buy cash shop items through another player, then you can omit this. However, if you plan on buying through the AH feature, you need to take into account the 2% tax.

- The spreadsheet idea I posted earlier does all of this for you.

ColdSnow - Dreamweaver wrote: »

Actually i did. i mentioned it under my calculations. i didnt consider the taxes cause i took the average price of gold and mentioned it as "fee" underneath.

Is there a particular reason why you did not mention it *in* your calculations?

SovereignVis - Sanctuary wrote: »

Some people have told me I can get more if I just buy them with coins

Some people are wrong. Don't listen to them.

The only time coins will be cheaper is right after somebody has just put in a large Gold buying order in the AH and Gold prices are temporarily inflated. But that typically only lasts about 20 minutes.

Watch the AH for an hour or so to make sure prices are stable, put in a Buy order that's slightly higher than the other orders, wait, and then use the Gold to buy your Wraith Badges. You'll have saved anywhere from 5%-15% (depends how competitive your server's merchants are).

And hey, you could even then go ahead and sell them for a profit, then buy more, sell those, buy more, sell those, etc..., etc... and if you keep at it within a week you'll have 20 million worth of Wraith Badges plus your original 20 million coins.

ColdSnow - Dreamweaver wrote: »

As for buying gold later on to 700k the taxes doesnt matter to me as well since its obvious you would pay less and get more. so i let it out on propose of simplicity.

Unfortunately, I've known a few people who have lost significant amounts of in-game money because they wanted to get into trading, but they didn't think the 2% fee was worth keeping track of when they were doing their calculations.