Merchanting, prices. |
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| meteora184 |
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i have an idea on buying coal and iron and smithing them together, then selling them for an even higher profiting price. but i dont know any of the prices. it someone could help me out by tellimg me them.
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| Dilbert26 |
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thats a good way to make money if u dont mind smelting.
Coal is around 180-200 and iron is around 90-110. Bars are around 600.
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| 8o8thekiller |
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this may take a long time however. I suggest buying iron for 50 each and selling for 100 each. Iron is probably the best thing to merchant. You can do ur smithing idea if u want but it will take a long long time
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| Silver-fx |
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if u want to get money and smithing exp thats a decent thing to do, but very time consuming and boring so its up to you really. iron usually 100 coal usually 200 but may get more expensive if u buy huge amounts at once (or could be cheaper depending on how desperate seller is)
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| gnomer15 |
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I always see iron going for 100, and coal 150.
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| Luckk13 |
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coal is usually upwards towards 200, iron near 100, though from small buyers u can get for less
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| dan99 |
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The slow way:
buy coal for 150-170 each and iron for 100 each Smelt the bars yoourself and gain valuble smithing exp per bar you make around 280-300gp profit if you sell each bar for 550gp like i did. so if you make 1k steel bars you end up with 300k profit and a total amount of 550k
The fast way:
if you dont want to spend time smelting all the bars yourself, hire some smelters. What i used to do is i would say i would give 400 coal and 200 iron for 200 steel bars. so, the smelter makes 200 steel bars and he/she trades with you and u give 200 iron and 400 coal and then they will smelt those etc.
If you want to attract people to work for you say something like u will give a small reward each time you trade the ores for bars eg. 10k. I found this kept the worker/s happy and they will probably work faster  You will get the job done faster but make a smaller but quicker profit.
I hope this pratically sums up your question. (really this is my longest post )
This post has been edited by dan99: Dec 19 2005, 12:57 PM
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| Arguous |
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On free worlds I used to buy coal at 120-150ea. Usually if you hang around in Fally east bank in the evening you can buy up plenty of coal there, but it does take time to get quantities at that price.
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| Xspower |
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well are u doing this for merchanting more or for smithing xp also it depends
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| meteora184 |
Unregistered

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i'm ftp so ill buy iron for 75 each, coal for 150 each, and smelt to bars and sell for 500 each. would that work?
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