PSA: "Gold only" sales will attract fewer buyers and lead to lower prices

Discussion in 'Trading Post' started by Fin, Jan 11, 2018.

  1. Fin

    Fin Well-Known Member
    UO:R Subscriber

    Joined:
    Aug 20, 2014
    Messages:
    481
    Likes Received:
    395
    I realize platinum is out of vogue at the moment, and that is despite the sudden 20% drop in its value relative to gold. Nevertheless, I'm seeing more and more "gold only" auctions these days. I find this surprising because such auctions — particularly for multi-million items — will inevitably attract fewer buyers/bidders, which will generally lead to lower prices.
    jumpman, TheDarkOne, wylwrk and 3 others like this.
  2. LanDarr

    LanDarr Renaissance Staff
    Renaissance Staff
    Senior Counselor
    Renaissance Volunteers

    Joined:
    Apr 19, 2013
    Messages:
    5,612
    Likes Received:
    6,120
    man I like PLAT !! I got so many plat rewards yet to buy !!!
    TheDarkOne likes this.
  3. Christoph Brock

    Christoph Brock Well-Known Member

    Joined:
    Jun 11, 2014
    Messages:
    1,504
    Likes Received:
    1,533
    Prices will go down anyway. Such are unstable markets.
  4. Eskeleto

    Eskeleto Well-Known Member
    Server Supporter

    Joined:
    Jun 11, 2017
    Messages:
    1,758
    Likes Received:
    970
    meh..I stop selling Plat and accepting it when the price dropped..just hoarding it now till either it goes back up or i spend on ethys n runebooks for myself! GOLD is KING!
    Dorian Andrael likes this.
  5. Surfrats

    Surfrats Active Member
    UO:R Subscriber

    Joined:
    Nov 17, 2017
    Messages:
    201
    Likes Received:
    126
    I would think, and I can speak for myself, that the gold only auctions are for newer players that will benefit more from gold than they would with platinum currently.

    It might attract less bidders, but its certainly a better currency for me at the moment.
  6. wylwrk

    wylwrk Well-Known Member

    Joined:
    Jun 18, 2015
    Messages:
    5,473
    Likes Received:
    8,963
    fort deeds man... that's where it's at

    I stuff my wallet with fort deeds.
  7. merlin8666

    merlin8666 Well-Known Member

    Joined:
    May 6, 2017
    Messages:
    2,336
    Likes Received:
    1,892
    Won't prices go down because more wealth is created as a result of more items being farmed as opposed to decaying?
  8. Pill

    Pill Well-Known Member

    Joined:
    Mar 19, 2014
    Messages:
    3,879
    Likes Received:
    3,792
    Plat decreased due to supply and demand. There were back to back champs being farmed which spiked the influx of plat, however a lot of people on here are set as far as runebooks / ethys.

    Maybe it’s just me, but I am pretty numb to any pixels on here anymore. It’s just not very exciting. I’m more interested in functional items. I really wish we could get at least a couple new ethys, such as polar bear or other, as well as some new simple plat rewards such as a blessed keyring. I still don’t understand why we can have rideable polar bears during Christmas, but ethys all of the sudden become a ‘targeting issue’.
    One, Kiryana, Witchcraft and 2 others like this.
  9. Sheepdog

    Sheepdog Well-Known Member

    Joined:
    Jun 29, 2017
    Messages:
    839
    Likes Received:
    1,065
    @Pill a blessed keyring is possibly the best suggestion I've heard for a plat reward ever.

    Please tease me further with a suggested plat price....
    One and Pedigar like this.
  10. Pedigar

    Pedigar Well-Known Member

    Joined:
    Apr 6, 2015
    Messages:
    201
    Likes Received:
    252
    Pricing with plat can get confusing. Valuing it higher is actually better for the seller, whereas valuing it lower might look good but it just means you need to pay more if you use it.
  11. Witchcraft

    Witchcraft Well-Known Member
    Server Supporter

    Joined:
    Mar 27, 2017
    Messages:
    2,169
    Likes Received:
    2,104
    I peeped your fort last night...I too would be numb to pixels! Can I bask in your numbness?

    The key ring idea is great! Any other ideas out there?
    One and Pill like this.
  12. Pill

    Pill Well-Known Member

    Joined:
    Mar 19, 2014
    Messages:
    3,879
    Likes Received:
    3,792
    I would say something on-par with what runebooks are currently, as you would need 1 per character. It would just take away the tediousness of having to manually use your locked down key (or use a macro as a lot do) to open and relock your door. I think anyone with any common sense able to afford something like this has enough wit not to carry their house key on them anyways, so..ya.
  13. Sheepdog

    Sheepdog Well-Known Member

    Joined:
    Jun 29, 2017
    Messages:
    839
    Likes Received:
    1,065
    I'll take two @Pill - thanks.

    Hah
  14. Pill

    Pill Well-Known Member

    Joined:
    Mar 19, 2014
    Messages:
    3,879
    Likes Received:
    3,792
    I have basically limitless ideas. I mean hell, I have been playing this game for over half of my life, which is kind of scary to say lol. And of that time, I have spent the majority of it doing PVP, so when it comes to that aspect, I definitely know what works balance-wise. It's just hard to build that case to the boss ;) .
  15. wylwrk

    wylwrk Well-Known Member

    Joined:
    Jun 18, 2015
    Messages:
    5,473
    Likes Received:
    8,963
    I'd prefer this

    redirect your desire / skill in pixel allocation

    sometimes influence is a matter of disposition, not position ;)
  16. One

    One Well-Known Member
    Server Supporter

    Joined:
    Jun 22, 2015
    Messages:
    5,818
    Likes Received:
    5,097
    .
    Last edited: Feb 3, 2023
  17. NerK

    NerK Well-Known Member
    UO:R Subscriber

    Joined:
    Apr 4, 2016
    Messages:
    1,854
    Likes Received:
    1,317
    I view plat being pegged to gold.. gold value wont "decrease", gold is gold. However if people only accept gold on items (that are like , 5+ Mill) its hard for most people to round up that kinda cash, thus limiting the bids.

    There are no gold syncs in the game, so it's basically traded with players. Like Merlin said, I don't see items dropping in value a whole lot. Other then items that get hype'd with events ect.

Share This Page