Gold Trading

PopppyyP - Raging Tide
PopppyyP - Raging Tide Posts: 16 Arc User
edited June 2011 in Cash Shop Huddle
Hey, well Im new to gold trading, usually I buy my own gold but today I thought I'd give this ago, but one problem - IM CONFUSED x__x.
Ive looked this up, and I must be really stupid because Im still confused.
Basically its ONE THING. In the selling box, at the top, for example I saw a minute ago, a price (around 1400000 for example) and then 39 gold next to it.

Now this is where I'm confused. What is the actual price for these gold, say it said 1400000 for 39 gold. Is it 1.4mill for EACH gold (one gold?) Or to I divide it by 39 to get the amount the person is selling these gold for each? Or have I got it totally wrong, because I've tried both these ways (Lol, it's my first time, okay QQ) and I managed to buy no gold.

A little help would be lovely, sorry for (probably) sounding very nooby.
b:laugh
Post edited by PopppyyP - Raging Tide on

Comments

  • LenieClarke - Heavens Tear
    LenieClarke - Heavens Tear Posts: 3,275 Arc User
    edited June 2011
    [...]
    Now this is where I'm confused. What is the actual price for these gold, say it said 1400000 for 39 gold. Is it 1.4mill for EACH gold (one gold?)

    yes. that box is saying there are 39 golds available for sale at 1.4 million coins each.
    [SIGPIC][/SIGPIC] Heaven's Tear alts: KenLubin, Sou_Hon, JudyCaraco --- level 5x chars.
  • PopppyyP - Raging Tide
    PopppyyP - Raging Tide Posts: 16 Arc User
    edited June 2011
    Alright. So, if I wanted to buy for example 10 gold, i'd be paying a total of around 10mill give or take a few hundred thousand? This will give me a lot of clarification lol.

    Thank you for your reply, by the way. b:pleased
  • LenieClarke - Heavens Tear
    LenieClarke - Heavens Tear Posts: 3,275 Arc User
    edited June 2011
    Alright. So, if I wanted to buy for example 10 gold, i'd be paying a total of around 10mill give or take a few hundred thousand? This will give me a lot of clarification lol.

    Thank you for your reply, by the way. b:pleased

    closer to fourteen mil at these prices. plus the two percent auction house tax built into every gold transaction (on both ends, no less); so 1.4 million * 10 * 1.02 ~= 14.28 million coin for those ten gold.

    and you're welcome!
    [SIGPIC][/SIGPIC] Heaven's Tear alts: KenLubin, Sou_Hon, JudyCaraco --- level 5x chars.
  • PopppyyP - Raging Tide
    PopppyyP - Raging Tide Posts: 16 Arc User
    edited June 2011
    I got it! I figured it out, and SOLD some instead of buying, and made about 14 mill ish. Thank you very much.
    Is it me or does it seem to work out cheaper to sell your gold, then buy fashion/mounts etc In game? Just a thought.
  • LenieClarke - Heavens Tear
    LenieClarke - Heavens Tear Posts: 3,275 Arc User
    edited June 2011
    Is it me or does it seem to work out cheaper to sell your gold, then buy fashion/mounts etc In game? Just a thought.

    it's not just you, that's often the case. the secondary market for such durable goods (mounts, flyers, fashion) is very often cheaper than buying direct from the cash shop.
    [SIGPIC][/SIGPIC] Heaven's Tear alts: KenLubin, Sou_Hon, JudyCaraco --- level 5x chars.