Guild Wars 2 Making Money Guide



Guild Wars 2 Making Money Guide by Wicklow

As some of you may have noticed that amount of gold you receive in Guild Wars 2 is much less than other MMOs.  I have thought about ways to preserve the gold you get and decided to share what I’ve come up, with you.

1. Be aware of the loot you get.  This is rule number one because it defines the way the rest of the choices are determined.  Do not simply mindless move your mouse through your bags clicking on whatever highlights blue for salvage.  I know the deposit all materials function is tons of fun, and I used to do this, but I 100% guarantee, you are losing a huge amount of gold.

2. Have a basic understanding and ability to determine what a trading post worthy piece of gear is.  For example it’s probably not worth it to put a blue piece of light armor with +healing and + crit damage on the trading post.  Not that there is a limit of things you can put up there, it’s just that you are wasting copper to post it and you are delaying the inevitable.   The inevitable is rule 3.

3. So you may be asking:  If I’m not salvaging the gear and I’m not putting it on the trading post then what am I doing with it?  The answer is, vendoring it.  However this is similar to rule number 1 in which you don’t mindless go through your bags clicking everything without a second thought.  You need to be a rational person when it comes to this and it will pay off in the long run.  The example I like to think about is taking a weapon that can be vendored for 1 silver.  Imagine you salvage it (its easy if you try).  You are awarded with a soft wood log.  Okay now let’s do some simple math.  Soft wood logs sell for the price you can vendor them for, on the trading post, 4 copper.  Now you may say “hey Wicklow, they sell for 3 copper”. And my response is that it takes 1 copper to post them on the trading post.  Why people sell them for this on the trading post is beyond me, but there they are regardless.  But I digress.  So you now have a log valued at 97 copper less than the original piece of loot.  As you can see,  the better choice was to sell it to a merchant.

4. How to determine what to sell and what to salvage.  This is a calculation you really need to make for yourself, and it takes a basic understanding of what you will receive from what you salvage and what that material sells for on the auction house.  Whatever threshold you set for determining the choice you make it’s important to realize that you will need to raise that threshold as you level, to account for the higher level gear drops.  As a point of reference here is my calculation I make at approximately level 50.  Anything above 30 copper in value gets vendored.  I feel like that’s a good place to be, but maybe I need to be moving it up to 35.  Also I always, always vendor heavy armor, and I’ve been beginning to vendor heavy armor scraps.  This is because there is no reason to be stockpiling so much ore.  You are already harvesting ore like a champ trying to get that exp.  and I feel, for me, that it’s really piling up.  This feeling is strengthened by looking at the prices of ore on the trading post, clearly others feel the same as I.  However there are no leather nodes or cloth nodes.  So I always salvage light and medium gear and the corresponding scraps.  I’m beginning to think I should raise the threshold for these items maybe even as high as 50 copper but I need to do a bit of research before I make that jump.  The reason I like light and medium armor so much is that the materials they break down into sell like hotcakes on the trading post, especially cloth. I think I’ve beaten this dead horse enough and if anyone has any questions on determining a threshold I’d be more than happy to answer them in team speak.

5.  The salvage kit paradox:  this is something that’s overlooked by many a player.  Let’s pick some arbitrary numbers for sake of easy mathematics.  You buy a salvage kit for 2 silver.  Each individual salvage you do is essentially valued at 8 copper.  Now let’s go back to the weapon example.  You salvage it and you get a nice soft wood log.  By hitting that salvage button you effectivly raised the value of that piece by 8 copper.  Now you go to sell you quard of shiny logs on the trading post, oblivious to the fact that you lost 1.04 silver.  You lost more money than the piece was valued at. That may make you feel bad but don’t worry, we have all made the mistake.  The moral of the story is:

Be aware of the loot you get
Sell appropriate loot on the trading post (power is always a nice stat)
Don’t mindless salvage everything else
Don’t mindless vendor everything else
Make a moveable threshold for the salvage/vendor determination
Never salvage heavy armor gear or heavy armor scraps
Be aware of the cost of the salvage kit itself

Lastly in a topic unrelated to loot drops but very much related to gold.  I know the waypoint system is fun but for the love of god, don’t use it like it’s going out of style, it’s much much much more effecting to run to 95% of the places you want to get to in terms of making gold and experience (harvesting etc.) Just use them sparingly, they are huge gold sinks.

Also if I have time I may do some research about what is the best salvage kit to use.  I’m not sure if it is worth using the better ones unless you need an upgrade, as in I’m not sure how effective the gain x% chance of finding rare materials is compared to the cost of the kit itself.  If I do a spreadsheet I’ll post it on a new topic,  keep your eyes out for it in the next couple of weeks.

When you post something the is an initial 5% listing fee.  If that item sells there is an additional 10% fee after the sale.  The percentage is based upon the price you post it at.  As an example you posted an item for 10 silver.  Initially there is a 50 copper fee, if it sells there will be another 1 silver fee.  For a total of 15% of the sale given to ANet.

Whenever you need to sell something on the auction house. This is the calculation that you need to make in order to determine if it’s better to sell or to vendor.

(Item posted price)*(1.15) > (vendor price)

If that equation isn’t true then DO NOT POST IT! YOU WILL LOSE MONEY.

An easy way to do a quick calculation is to look at the posting fee, double that number and then add both the fee and the doubled calculation to the listing price. Let’s go back to the 10 silver example

50 copper posting fee X 2 = 1 silver, 50 copper + 1 silver = 1.5 silver.  If the items vendor price is greater than 8.5 silver DO NOT POST IT!

I hope this helps some people.

Other Guild Wars 2 Articles
Guild Wars 2 Ascended Gearing Guide
Guild Wars 2 Bloodstone Current Events Achievement Guide
Guild Wars 2 Gathering Run Guide
Guild Wars 2 Getting to Level 80 Guide
Guild Wars 2 PvE Farming Guide
Guild Wars 2 Chronomancer Advanced Combo Guide
Guild Wars 2 Large Airship Cargo Guide
Guild Wars 2 Mesmer Builds For Raids
Guild Wars 2 Combo Fields and Finishers Guide
Guild Wars 2 Ways to Level Guide
Guild Wars 2 Performance Guide
Guild Wars 2 Full AR Guide Without Armor
Guild Wars 2 Necromancer Signet Build Guide
Guild Wars 2 Active Damage Avoidance Guide
Guild Wars 2 Guardian Fractals Shard by Shard Guide
Guild Wars 2 Guardian Dungeons Path by Path Guide
Guild Wars 2 Solo Guild Missions Guide
Guild Wars 2 Inventory Management Guide For New Players
Guild Wars 2 Powerful Venom Sac and Heavy Bag of Supplies Farming Guide
Guild Wars 2 Chest Farming Guide
Guild Wars 2 Mordrem Husk Copper Guide
Guild Wars 2 PvE Beginner’s Guide
Guild Wars 2 General Options Guide
Guild Wars 2 Uncanny Canner 20 Slot Bag Guide
Guild Wars 2 Solo Tower in WvW Guide
Guild Wars 2 Mastery Descriptions List
Guild Wars 2 Why Am I Lagging Guide
Guild Wars 2 Creating and Testing Your Build Guide
Guild Wars 2 sPvP Rank 80 Guide
Guild Wars 2 Salvaging and Forging Max Profits Guide
Guild Wars 2 sPvP Conquest Guide
Guild Wars 2 Bioluminescence Collection Guide
Guild Wars 2 Newbie’s PvP Guide
Guild Wars 2 Tangled Paths Story Achievements
Guild Wars 2 Silverwastes Survival Guide
Guild Wars 2 Silverwastes Guide
Guild Wars 2 Cursed Shore Guide
GW2 Dungeon Class Roles Guide
Guild Wars 2 Trash Collector Guide
Guild Wars 2 Party Politics Achievement Guide
Guild Wars 2 T4 Dry Top Tips and Mechanics
Guild Wars 2 Warrior Dungeon Speed Run Build
Guild Wars 2 Dry Top Timers Guide
Guild Wars 2 Quick Daily Guide
Guild Wars 2 Combat System Guide
Guild Wars 2 Profession Choosing Guide
Guild Wars 2 Legendary Weapon Crafting Guide
Guild Wars 2 Artificer Level 0 to 400 Fast Guide
Guild Wars 2 Jeweler Leveling Guide
Guild Wars 2 Cooking Ingredients Locations Guide
Guild Wars 2 Structured PvP Basics Guide
Guild Wars 2 Survive Against Heart Seeker Thieves Guide
Guild Wars 2 New Player Tips
Guild Wars 2 Giganticus Lupicus Guide
Guild Wars 2 Engineer Melee Assault Build Guide
Guild Wars 2 Mystic Forge Recipes Research
Guild Wars 2 Engineer Comprehensive Guide
Guild Wars 2 Temple of Grenth Tips and Tricks
Guild Wars 2 Mystic Forge Recipes Guide
Guild Wars 2 PvP Gear Crafting Basic Guide
Guild Wars 2 Mining Routes Guide
Guild Wars 2 Cooking 0 to 400 Guide
Guild Wars 2 Crafting Complete Guide
Guild Wars 2 Inventory Space Management Guide
Guild Wars 2 Acronyms List
Guild Wars 2 Equipment Attributes Guide
Guild Wars 2 Warrior Sample Builds Guide
Guild Wars 2 Warrior Power Rifle Build Guide
Guild Wars 2 Mesmer Builds Guide
Guild Wars 2 Necromancer Tips and Conditions List
Guild Wars 2 Ranger Pet Location Maps
Guild Wars 2 Daily Achievements Guide
Guild Wars 2 Guardian Traits Tiers List Guide
Guild Wars 2 PvP Beginner’s Guide
Guild Wars 2 Elementalist Unkillable Build Guide
Guild Wars 2 Ranger Tournament PvP Build Guide
Guild Wars 2 Mesmer Beginner’s Guide
Guild Wars 2 Necromancer PvP Build Guide
Guild Wars 2 Cooking Guide
Guild Wars 2 Warrior Ranged Build Guide
Guild Wars 2 Thief Skills Complete Guide
Guild Wars 2 Thief Might and Mobility Build Guide
Guild Wars 2 Ranger Pet Commands Guide
Guild Wars 2 Thief Pistol/Dagger, Dagger/Dagger Swap Build Guide
Guild Wars 2 Warrior Lazy Build Guide
Guild Wars 2 Thief High Damage Build
Guild Wars 2 Guardian Judgement Build Guide
Guild Wars 2 Guardian PvP Comprehensive Guide
Guild Wars 2 Necromancer PvP Comprehensive Guide
Guild Wars 2 Mesmer PvP Comprehensive Guide
Guild Wars 2 Thief PvP Comprehensive Guide
Guild Wars 2 Hall of Monuments Comprehensive Guide
Guild Wars 2 sPvP Beginner’s Guide
Guild Wars 2 WvW Professions Guide
Guild Wars 2 All Sylvari Vistas Locations Guide
Guild Wars 2 Jeweling Recipes List
Guild Wars 2 Crafting Introduction
Guild Wars 2 Money Managing Tips
Guild Wars 2 Getting Level 80 Gear Guide
Guild Wars 2 Tips and Tricks
Guild Wars 2 Grendich Gamble Puzzle Solution Guide
Guild Wars 2 Warrior Greatsword PvP Guide
Guild Wars 2 Armorsmith 0 to 400 Guide
Guild Wars 2 Making Money Guide
Guild Wars 2 Getting Glory Guide
Guild Wars 2 Ascalonian Catacombs Guide
Guild Wars 2 Thief PvE Dungeon D/D Build Guide
Guild Wars 2 Ranger Longbow/Shortbow Signet Build
Guild Wars 2 Elementalist Comprehensive Guide
Guild Wars 2 Boons to Conditions Conversion Guide
Guild Wars 2 Engineer sPvP Guide
Guild Wars 2 Ranger Comprehensive Guide
Guild Wars 2 Ranger Pet Guide
Guild Wars 2 PvP System Details
Guild Wars 2 Game Mechanics Details
Guild Wars 2 FAQ
Guild Wars 2 PvP Builds Guide
Guild Wars 2 Warrior Information
Guild Wars 2 Thief Information
Guild Wars 2 Ranger Information
Guild Wars 2 Necromancer Information
Guild Wars 2 Mesmer Information
Guild Wars 2 Guardian Information
Guild Wars 2 Elementalist Introduction
Guild Wars 2 Elementalist Skills and Combos Guide
Guild Wars 2 Elementalist Boons Guide
Guild Wars 2 Elementalist Conditions Guide
Guild Wars 2 Elementalist Movement Control Guide
Guild Wars 2 Crafting Basic Information
Guild Wars 2 Choosing A Profession Guide
Guild Wars 2 Complete Skills List


Leave a Reply