Best Gold-Making Professions On Bank Alts
Posted on January 15th, 2010 by Lawbringer under Alchemy, Auction House, DE, Death Knights, Economics, Efficiency Tips, Enchanting, General Tips, Gold Building, Gold Farming, Jewelcrafting, Leatherworking, Supply And Demand, Tips, Trade Skills, Tricks, World of Warcraft, WotLK, tailoringTwo Trade Skills That Fit Great On Bank Alts
Alright kids, let’s review. We don’t farm here at DYS – well almost never. From time to time the perfect conflagration of once per year occurrences happens that makes us do it, as we have mentioned in this post: Investing And Farming For Gold.
Next, we recommend banking be done in certain ways. First, a bank alt is by far the best use for a DK we’ve ever seen, and we’re going to tell you which two professions suit bank alts best. But a DK banker is perfect because you only have to get to level 65 from a level 55 start to train all the way to Grand Master in any profession. But over the last six months we’ve figured out two professions that just stand far and above the others when it comes to making gold quick and easy.
The first one will come as absolutely zero surprise to anyone who reads DYS. Enchanting – the gran-daddy of them all when it comes to gold making. I recently had to change my tune a bit when it comes to Jewelcrafting, but I still don’t make as much from Jewelcrafting as I do from enchanting – not by a wide margin. Just in case you missed it, here is another post if you want to read about the true power of enchanting for making gold: Best Profession For Those New To Gold Making.
Currently, you’ll want to focus on DE items between level 200 and 300 skill. With everyone doing 5 million heroics per day, the market for Northrend mats is pretty depressed already – flooding it with another 50 stacks of infinite dust will just generate even more downward pressure on the price by inflating supply that much more.
A few months ago we suggested using a DK as your bank alt and giving them Enchanting, it’s a little more complex than that if you want it to be, as in this post: More Banking Toons Make It Easier To Make Gold At The AH. But after working with that system for a few months, another profession has jumped out of the woodwork as absolutely perfect for the single DK bank alt.
You will need one DK, a desire for more gold and enough patience to gain 13 levels. You’ll need to hit level 68, but with a DK that’s pretty easy to do in just a few hours if you concentrate. Then it’s off to the profession trainers for Enchanting and . . . Alchemy.
Alchemy is perfect for a bank alt because it requires zero rep to get all the recipes, so you can stand all by yourself in the major city of your choice and end up with every recipe in the game through discovery. And you’ll make all the accidental discoveries in record time.
In our last post – Alchemy, Wow Quest Tricks, we talked about how to get the Elixir Master profession bonus for Alchemy without doing the Elixir Master quest, which is a pain in the tookus. At level 68 your DK can do exactly the same thing and end up with Elixir Mastery and that’s where the real dough starts rolling in.
On an average day I will have my DK bank alt brew up around 200-300 elixirs and flasks. Now that’s just the number I have mats for. Since the proc rate for Elixir Mastery is a little higher than 10%, I generally end up with an extra 10-15 flasks for every hundred I make, sometimes more. With flasks on our server going for about 60g, that’s 600+ gold for zero extra work.
All I do is put all of the herbs and other mats for the best alchemy potions (Lil’Sparky is a must here) in my Snatch filter for AADV and grab everything under 100% market price a couple of times a day. Then I just afk brew, post the products and profit – generally while raiding or watching SportsCenter.
Alchemy is ridiculously easy to make gold with, and unlike Tailoring, Jewelcrafting, Leatherworking and other professions that can be lucrative, they also all require that you be level 80 and gain exalted rep with certain factions or acquire recipe drops in raids to get the patterns that will make you serious gold. (yes, I have seen the stupid youtube video of the guy DE’ing the JC rings a bazillion times, but with northrend DE mats prices being what they are LilSparky’s tells me I would lose a lot more than I gained doing that right now.)
So My main DK banker does Inscription and Alchemy. Inscription is another good fit for bankers, but if you only have 2 to work with. On a single bank alt, alchemy and enchanting is the only way to go. Between those two professions you should be able to knock down an easy 2,000 to 5,000 extra gold each week and not spend more than a few minutes each day fiddling with it. It’s easy, fast and very Dominating.
I have a rogue on alchemy and want to get to grand master but I’m lazy and didn’t know what level I had to be to reach that status. Along with the fact that I now also know that I don’t have to have exalted rep with anybody is also a plus to get the recipes I need. Along with that I will read the article Alchemy Quest trick and use said trick to get Elixir Master.
Thanks for doing all my work for me Law, and now I can get focused and get my rogue the 5 levels he needs to get the Alchemy topped off and get to dominating and gold making…right after I watch Sportscenter.
Nice one, but I do have a few questions though:
How you get herbs to make elixirs/flasks? Farming?
- If yes, what if I don’t have a herbalist, and still it takes a lot of time to “Farm” the herbs.
- If no, you buy those herbs from the Auction House? I can tell you that the profit won’t be that much than.
And I also know “Smart” people can provive endlessly Frost lotusses, so you will never be able to “Dominate” the flask market.
If you actually, you know, READ the article he says that the mats are bought through auctioneer snatching herbs 100% below market value. Why would DYS tell you to farm the herbs? Sigh.
“I can tell you that the profit won’t be much” – ok you go ahead and “tell” us whatever you like. I promise Law’s the one laughing all the way to the bank.
Hi wish you had told me that earlier – so my Dk is lvl 80 and a JC
– not for long!
But thanks my alchemist is a master in transmute
I just found something useful to do with the DK I haven’t touched in months.
WTB transfer to server with 60g flasks. My server is full of Alchemists content to dumping flasks for less than half the price of the Lotus, selling at a loss and hoping to break even through procs, apparently. What is it about herb-based profession that makes everyone bad at math?
It’s just certain servers. I would imagine that yours is a lot like Fenris – just has an undercutter’s mentality. Most of those guys FARM for mats. It’s nuts, but there is still money to be made. Since it IS an undercutting economy, it means that you can get firesale prices for mats and especially items most of the time. Someone is going to undercut herbs as well. But on Fenris I actually began to deal more in resale items since they were almost always underpriced.
There are good and bad points about cheap and expensive servers. Sure, flasks may be 60g, but herb stacks are 90g, so it’s a push. Plus, prices for things like battered hilt are just retarded in rich environments – say 20,000g, I sold one for 18,756g and it didn’t take more than 14 minutes to sell. It all evens out in the end. Buy low, sell high and the actual price points don’t matter all that much in the long run.
Flasks run about 40 to 45 gold each on Kirin Tor and the Battered Hilt is anywhere from 15K to 20K. Frost Lotus is 60g each so flask are kind of a low profit market here. If you are a an elixir master and it procs you can make a little but all my guild alchemists just make them for the guild and thats it. The farmers have it locked up. Most of your tips work great on my server but this one I am not sure I want to try without a little more study of the market on my server. Thanks though it gives me something to investigate.
Derisaan 80 Dranei Huntard SV Chosen Few Guild Leader
Leemo 80 Shammy enhance/resto Chosen Few Guild Leader