Originally Posted by Hraesvelg
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check the prices of the items in the game from player shops.
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For the above reasons what you propose, creating a price baseline, is too complex and dynamic to be anything more than a very general guideline for prices.
There can be great variance from day to day, shop to shop, and player to player.
For example, i recenty bought a 70 blue shield, i have seen these in shops for 15-20g. The other day someone shouted about one for sale so i wispered back "how much?". the reply was "make an offer", implying that they do not know what it is worth. I made an offer of 6g which she thought was too low(a nogotiation tatic) so i added a stack of t4 spd scrolls to the deal and got the shield. because i make the scrolls myself my out of pocket is low while to her a stack of t4 spd scrolls had great value.
I also got an 80 shield with 110% per my already discussed green rateing formula (stats devided by level) which defines it as godly from a shop for 1g.
When buying or selling it pays to shop and to know the market.