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One of the most important parts of playing the World of Warcraft economy is evaluating items. You have to be an expert at placing a monetary value on an item so that you can figure out how to sell it for the greatest profit. An item value is dependent on three factors: Level, Rarity (supply), and Usefulness (demand).
There are actually two different level scales of items. The first is based on World of Warcraft's color coded item rarity system. You may think that this color system would determine the rarity of an item, but it really doesn't. So here's a summary of what each type of item is worth:
Poor Quality: These items are not worth selling in the auction house. Sell any of these items directly to an NPC if you can't use them.
Common Quality: These items are once again not worth selling in the auction house. Dispose of them at your nearest NPC.
Uncommon Quality: These items have a chance at selling at an auction house. It depends how useful they are. These are great items to sell to lower level characters in your Alliance specific auction house.
Rare Quality: Now we are getting somewhere. Most of these items are worth selling at the auction house.
Epic: Many of these items will go for over 100 gold. If you have one of the most useful and rare Epic items you may consider putting it up for auction in Gadgetzan. I have seen certain Epic items for over 1,000 gold in extreme cases.
The two missing sections of color coded level are Legendary & Artifact. As these items enter the game and become more prominent this will be updated to go over the changes. For now, little is known about them.
The second form of level ranking is an item's level requirement. A level requirement is the level your character has to be at or above to use a certain item. This is an attempt to prevent "twinking" (giving powerful high level gear to low level characters).
The higher the level requirement of an item the more powerful it is, and therefore more valuable. Remember in World of Warcraft wealth increases exponentially with character level. You will make the most money off rich high level players who are in a hurry.
To your WoW success,
-David Chow
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Monday, February 4, 2008
WoW Gold Secrets - How To Determine An Item's Value
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