The new WoW Token system went live in North American regions yesterday, and you can bet your bippy I took advantage of it. Now for the morning after report. Regrets? Buyer’s Remorse?
This has been a damn strange expansion for me and no mistake.
For the first time ever in this game, I have more gold than I know what to do with.
This has never happened to me before. I’ve never been taht gold making guy. In fact, there is a long-running tradition of me wanting new shiny pet or mount, and having to go to Cassie for a WoW gold loan (at zero percent interest never to be paid back) because she is thrifty and makes all the gold while I’m always blowing it as soon as my pouch gets any weight to it.
That all changed this expansion, and I really don’t have an answer for you as to why.
I will give you some anecdotal evidence, which is a fancy way of saying this is all the shit that’s somehow working for me and I’m too small of a sample size to matter a hill of beans to the big picture. I won’t even say your mileage may vary, because at any moment it might vary for me too; for example, Blizzard can change things on the backend and suddenly the garrison gold missions I see all the time could vanish like a Rogue on tax day.
Anyway, I leveled early and often as soon as this expansion hit. I’ve found the leveling path through the zones to be easy and mostly pain free, especially since I prioritize the quests that lead to the garrison blueprint reward books and anything that rewards a follower.
This means that I currently have six characters at level 100 with fully maxed garrisons, every one of which has a level 3 Inn, Dwarven Bunker, Barracks, Salvage Yard and appropriate profession buildings. Almost all have a Trading Post to convert excess resources to crafting supplies, and the one that doesn’t is my Hunter, who has a max level Barn that I keep stocked 100% of the time to the rafters with large leather work orders that send me a steady stream of Savage Blood.
Five of the six level 100 characters have all 25 Followers maxed to ilevel 675, andon every follower that is not considered necessary to a ‘Mission of Interest’ by my Master Plan addon, I constantly reroll traits and abilities until i get one that is an Epic Mount with either Treasure or Resource bonuses.
I even have a seventh character that is almost 100, my Enhancement Shaman.
Basically, what I do is I log into every character morning, noon, evening and right before bed to collect and resend the followers on garrison missions. I prioritize those missions that are gold, then resources, then level 100 or above because they return the best salvage crates for greens and blues to sell.
I also at some point every day run every character through the herb garden and mine. This gets me resources for my professions, Archeology tokens on everyone, Primals that can be sold in batches of 50 for Savage Bloods and also extra resources to turn in at the various Traders.
And of course every character does their daily profession cooldowns and crafting.
I’ve done this from day 1, even when there seemed no point to it, and I never crafted anything in the first few months. I made a few items but never upgraded them.
Up until patch 6.1, the way I made gold from crafting was to sell every Savage Blood I got on the Auction House, craft tailoring bags and top level weapon enchants and sell those for thousands apiece, and that’s it. All other gold came from garrison missions and selling all the greens and blues that I got in Salvage Crates.
Since 6.1, I have upgraded almost every weapon and crafted armor piece on my alts. My Druid, Hunter and Death Knight are all sporting upgraded weapons and the hunter has the other two pieces at max level as well. With the barn cranking out Savage Blood faster than I know what to do with it, and the Traders giving me tons of primals for more bloods, the only bottleneck in crafting upgrades are the daily cooldowns on profession mats, and well, I had thousands of those on everyone.
Now I’ve taken to crafting the upgrade tokens and either selling them directly or upgrading an item and selling it on the AH.
All of this to explain how someone like me that does NOT make gold or manage a careful regimen of buy low sell high live on the margins of the gem or glyph market somehow still ends up with 30,000 gold to 60,000 gold and has to find something like rare pets and mounts to blow it on… and I’ve plum run out of shit I want to spend money on. It’s a terrible thing when you have excess gold burning a hole in your pocket and you can’t find a mount you even WANT on the AH to blow it on.
What can I say, there is something special about seeing Blingtron’s Vault come up with multiple multiples and being over 2000g.
Enter the WoW Token last night, and me somehow sitting on 65,000 gold even after spending over 20k on a Spectral Tiger Cub pet the night before because why the hell not, it’s cute.
When the WoW Token first went live, I had no intention of buying one at the store. I already HAVE the golds. But I also didn’t intend to rush to get one on the AH. At least, not nuless the price showed signs of rocketing up. I wanted to get one, but I figured the only way I’d get one on first day jitters is if it looked to be rising in price so I could get one before they stabilized at some obscene cost like 50k or 80k each.
At first, it looked to be doing that very thing. I started getting nervous. it was going up 1% every hour like clockwork, with no signs of stopping. I almost bought in at 32k.
Then I took a break to watch Agents of Shield with my wife, and other assorted stuff, and when I came back the price was not only shifting faster to demand, but it was on the way down and currently at 28.8k gold apiece.
I instantly bought two WoW Tokens at the 28.8k price point. Would it go down further? Probably. Would I consider 28.8k gold a fair price for a month of WoW time? Sure!
I based that decision on how much effort I think it will take in one month to earn that amount of gold. I think 28.8k gold per month is, currently, a sustainable rate based solely on garrison gold missions and selling greens and blues from Salvage Crates and from doing legacy raid runs and selling the accumulated loot.
As an example, and again totally anecdotal only my experience, I made probably 6k gold yesterday just from salvage Crates and gold missions. That’s probably a peak and I haven’t been tracking it on a spreadsheet, but even so I definitely know that I average more than 1k gold per day across my characters. That is all that is needed to sustain that income towards a WoW Token.
IF WoW Tokens eventually stabilize at 30k gold each, then we’re talking a 1k per day ‘nut’ to maintain your account. Once you’ve made your monthly nut to cover the mortgage, it’s all cheddar.
This morning, I checked the WoW Token price after doing my garrison missions and before heading to work, and the price was down to 23.8k each. So yes, I spent 10k gold more last night on my two tokens than I would have needed to if I’d waited one night.
Buyer’s remorse? Nope. I have those two days of game time, I still have over 20k gold across my characters, and more rolling in.
It’s going to really interesting to see where the prices go.
It all comes down to a balancing act. Once someone pays $20 for a WoW Token, the question becomes, at what price are they willing to place it on the Auction House? If I bought one, and I saw I would only get 23k gold for it, I would be tempted to hold on to it until prices rose higher to what I would consider an equitable return on my investment. 23k would feel too low to me. I might hold on to it until the prices rose back up to 30k.
If enough other people felt the same way, that they wanted to hold on to them until prices rose, then the supply of them would go down. That would tend to result in fewer tokens available for people to buy, and with increased demand the prices WOULD go up.
But… if the prices on the Auction House get higher than the majority of players are willing to pay, then demand goes back down until the prices do… from a glut of Tokens on the market and no takers.
It’s just so cool to see such a direct correlation of real money to gold in the economy. When it was all about gold to gold for digital goods, meh
But now, I see that Spectral Tiger on the AH for 20k gold, and my brain instantly translates that into $19 dollars of real money.
I put a ilevel 675 Shredder rifle up on the AH last night, and it sold for 35k gold. I can’t help but think someone just paid over $25 for that Hunter gun. Maybe up to $45 depending on Token market prices.
I’m sure I’m not going to be the only one this happens to. Gold is now a currency with an exchange rate to dollars, and since the gold price of Tokens is stable across the region and NOT dependant on server economy, we can truly expect a website to provide the current exchange rate for gold to cash and vice versa any second. Check in, see what one gold is worth in dollars, JUST LIKE THE OTHER GAMES THAT HAVE DONE THIS.
I always laughed when I saw the real world cost of a star destroyer or other massive ship that got destroyed in Eve Online, but that same scenario is now played out here in WoW, but without the perma-death of your purchased equipment.
Now, you can look at that Grand Expedition Yak and compute the exchange rate instantly to what that really does cost in real world dollars. And if you bought a Yak in the old days, how does it feel knowing that you have one mount that you got for on-the-go transmog that would be worth $104 in today’s market?
It’s going to be fascinating to watch how this effects everything.
No, really, this is going to be amazing to watch.
I expect more people to take the time to craft items or put stuff on the auction house that never took part in the online economy before because there is a real world monetary benefit in doing so.
I expect with the increase of available goods that the prices will drop on just about everything.
I expect that eventually the value of a WoW Token will rise back up and stay there as demand increases across the board and the people who have gold capped purge their reserves buying Tokens at the current low prices (to the monthly 10 Token max) and then have to try and rebuild their gold reserves in the face of stiff selling and undercutting competition.
Oh yeah, this is going to be a fun time to be a WoW player.
My goal is to see if I can maintain enough gold income to fund my own and my wife Cassie’s accounts month to month. Will prices climb to way above my monthly gold income? Frankly, i totally expect them to. After all, if it’s that easy for me to reach this gold amount, then it is the same for everyone else.
The big question is… will there be more huge gold sinks added into the game to give real money Token buyers a reason to keep wanting tons more gold? Blizzard has complete control over adding enticing new items to the game that cost obscene amounts of gold.
Will that beautiful new purple tiger mount be coming soon, and at a crazy price point of 150k or higher? That might drive a sudden spike in gold buying.
What do you think? have you bought a WoW Token yet, either in the store or on the AH? Are you happy with the cost?