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Old Jun 12, 2006, 12:01 AM // 00:01   #1
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Default People hoarding Sapphires like crazy?

I guess someone must have discovered a hidden NPC in the game and he is just not tellin'

Is it just me, or has anyone else noticed that sapphires have not been selling at the trader since like 2 weeks ago? I only wanted to get 15 more to complete my stack of 250
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Old Jun 12, 2006, 12:06 AM // 00:06   #2
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some on sell in droks (american server) like 10mins ago was 1.7k each or something stupid
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Old Jun 12, 2006, 12:37 AM // 00:37   #3
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I really wonder what happened to it.

There are no way anyone going to sell it to merchant now, since it is like 550 or something to sell to merchant when the merchant has none, which doesn't make alot of sense.
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Old Jun 12, 2006, 03:06 AM // 03:06   #4
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Lol guies like me are buying them up I like them nice and cheap I am now worked on the gems now it is the red ones.

I figure when the armors are out man I going to look cool

Last edited by dreamhunk; Jun 12, 2006 at 03:09 AM // 03:09..
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Old Jun 12, 2006, 03:16 AM // 03:16   #5
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I got one the other day in FoW and wanted to sell.. but the traders have no prices!

If any of you want to buy it, cntact me ingame ^^
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Old Jun 12, 2006, 03:26 AM // 03:26   #6
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People are hoarding them for when the price is going to spike right before the release of chapter 3, once all of the "l33t r00by armor" rumors are in full swing. I guess a few people decided to clear out the rare material trader and are counting on the fact that they'll be able to get their money back in September/October.
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Old Jun 12, 2006, 04:49 AM // 04:49   #7
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I'm pretty sure some big farming guild(s) has bought the sapphires.
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Old Jun 12, 2006, 05:53 AM // 05:53   #8
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Ill deal with a ruby/saphire based armor when it comes. Im not going to buy the trader out on speculation alone.
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Old Jun 12, 2006, 05:57 AM // 05:57   #9
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Quote:
Originally Posted by Misc Merik
Ill deal with a ruby/saphire based armor when it comes. Im not going to buy the trader out on speculation alone.
It's a speculation for sales.

Think of it like Steel. Many people stocked up on steel at 90 gold a piece, and when Factions came, they sold it for 400.

Profit +310.

Wheeeeeee~
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Old Jun 12, 2006, 06:36 AM // 06:36   #10
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Quote:
Originally Posted by Opeth11
It's a speculation for sales.

Think of it like Steel. Many people stocked up on steel at 90 gold a piece, and when Factions came, they sold it for 400.

Profit +310.

Wheeeeeee~
Ya but this speculation seems to be more of a self delusion. The speculation started before Factions, wagering that once Factions came out, there would be some valuable use for Rubies and Sapphs. But now Factions is out and we've seen that there still is no use for them. So Chapter 3 comes out, there still isn't a use for them. "Maybe Chapter 4! let's keep hoarding them up!". Chap 4...nope. "Maybe Ch. 5!" The speculation is sort of silly.

But despite what I just said, I can see how a chapter themed at least partially on Egypt might have a use for Rubies and Sapphires, though I would think Rubies and Sapphires to be more of an Arabian/Indian theme.
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Old Jun 12, 2006, 07:16 AM // 07:16   #11
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The thing about this particular speculation is, it can't be wrong, it just a matter of when.
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Old Jun 12, 2006, 07:23 AM // 07:23   #12
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Probably due to Gaile/Forgtalk of 6/8. Frog said:

Quote:
Originally Posted by Da Frog
In the future, a few things of interest may be found. Things of uniqueness. Things of value. Things, too, of use to citizens. Small they may be, and few in number, but still, desireable in some minor way
So yeah, some people read that as jewelry.
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Old Jun 12, 2006, 08:02 AM // 08:02   #13
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Quote:
Originally Posted by SirJackassIII
So yeah, some people read that as jewelry.
But Sapphires are dropping in the present, not in the future, and the have been dropping in the past as well

Ohwell, whatever makes people happy.

ps. suppose they will drop in the future as well, but I think froggy is indicating a new drop, collectable or something else.

Last edited by Kaguya; Jun 12, 2006 at 08:04 AM // 08:04..
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Old Jun 12, 2006, 08:09 AM // 08:09   #14
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Whether there will be use for Sapphires and Rubies in future chapters, there will be a large price spike in those 2 materials right before the release of Chapter 3 just because people believe that they can 'cheat' their way into getting cheaper armor.

Seeing that Sapphires are very cheap right now, they can be sold to the merchants prior to the release, whether the hoarder wants the new armor or not.

Example - I purchase 250 Sapphires now for 500k. Chapter 3 is coming out next week, and sappires are sold out at the merchant. Demand is extremely high for the item, but supply is low, because I've hoarded it all (hypothetically). Selling price for the Sapphires are now at 6k, 4k higher than which I have purchased then for.

Pow, monster profit for Opeth. Opeth goes on a shopping spree and buys The MosesPHD a box of chocolates.

The power of speculation should never be under-estimated.
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Old Jun 12, 2006, 08:09 AM // 08:09   #15
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Quote:
Originally Posted by TheMosesPHD
Ya but this speculation seems to be more of a self delusion. The speculation started before Factions, wagering that once Factions came out, there would be some valuable use for Rubies and Sapphs. But now Factions is out and we've seen that there still is no use for them. So Chapter 3 comes out, there still isn't a use for them. "Maybe Chapter 4! let's keep hoarding them up!". Chap 4...nope. "Maybe Ch. 5!" The speculation is sort of silly.
There is 1 thing i don't get though. The Gemstone weaponary... why are they not craftable using Sapphires/Rubies?
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Old Jun 12, 2006, 08:18 AM // 08:18   #16
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i got a sapphire drop in vizunah square yesterday. a guildie of mine got a ruby drop on shing jea.
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Old Jun 12, 2006, 09:29 AM // 09:29   #17
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Pretty sure there's something going on. Sapphires are sold out, rubies are still pretty cheap. That's suspicious.

Also there's something funky with the trader. He listed "last sold" as 570 gold for a sapphire, but only offered 100 gold when I asked for an offer. And he was sold out.
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Old Jun 12, 2006, 10:50 AM // 10:50   #19
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Thanks Hockster, that almost precisely sums up why we're surprised at the present boom in sapphire trading.
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Old Jun 12, 2006, 11:13 AM // 11:13   #20
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I have 3 Sapphires which have dropped for me within the past month and the trader is offering me 250g fort them - what cheek!
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