User:Tennessee Ernie Ford/Price checks/How much are zoins worth

How much are GotTs worth? ~3.4 in tradeable goods. (They currently trade for 4–5k.) (©2011 Shameless self-promotion division.) How much are War Supplies worth? 200 or 300 or 400 (And yet the trade prices vary wildly.) (©2011 Shameless self-promotion division.)

This information is likely inaccurate — it has not been reviewed or updated since Summer 2012.

How much are zoins worth?

1. Copper Zoins are worth 4-23, depending on what you choose to purchase with them. This translates to 200–1150/.
2. Silvers trade for 2.

Determining value

Item	/	/	Calculation
Title points	4.5	0.2	A Sparkler costs 20 and 10 or trades in Kamadan for a mere 100, i.e. 90 of net-value.
Zaishen Keys	9.5	0.6	These cost 1 (i.e. 500 and 250) and sell for 5–5 500.
Equipment Packs	17–23	0.9–1.2	It can be difficult to find buyers at premium prices.
Elite Ritualist tomes	19–23	1.0–1.2	Usually a quick sale at 10-12.
Gold zoins	24	1.2–1.5	These trade for 2 which are fetching about 6–7 500 currently.
Silvers	39.8	1.5–2	These trade at 1.5–2.

Imperfect markets

The current supply of zoins falls far short of the demand:

• The demand for gold zoins is driven by interest in Envoy Weapons.
• The demand for silvers is primarily due to primary PvP-players wanting to unlock skins.

This creates an interesting anomaly, in which you can convert a zaishen key-equivalent into 4 z-keys: start with 500 zoins:

1. Convert them into a single gold-zoin, which trades into a single z-key or
2. Convert into 10 silvers, which sell for 20 and use that to buy 4 z-keys (which trade at 5 each).

Tradeable zoins

The tradeability of zoins hasn't seemed to have affected the price for items that can only be acquired through them, e.g. the WTB/WTS prices for Heavy Equipment Packs are still ~110–150.

Date				Notes
Oct 2011 – Current		1.5–2.0	10–15	Consistent pricing since October 2011 (no one advertises for coppers).
Jul – Sept 2011		1.5–2.1	10–22	No one advertised for coppers.
Jun 2011		1.0–2.5	5–22	Tradeability introduced. No one advertised for coppers.
Jun 2011	4–25	200–850	6–12	Imputed, just before heavy trading; after price changes at the NPCs.
May 2011	3–21	250–600	6–12	Imputed; zoins weren't yet tradeable.

• Imputed values: see below (the price you can get for an item divided by the number of zoins needed).
• Trade prices: observed in GToB or reported to me in-game as confirmed (and repeatable) prices.
• Observed prices: usually within the last 7-14 days. (I only update the trade prices if I see multiple offers or can otherwise confirm that people are actually trading at those numbers.
  In other words, just because someone asks for 3/ doesn't mean they have any hope of getting that price...and even if they do, that doesn't mean it's a common value for trades.)

Related volatility

Zkeys and ectos have dropped substantially in value. That could be because people are sinking more money into PvP unlocks (and less into trading for rare skins). Zkeys have also become much easier to obtain since the introduction of Imperial Faction. It could also be that ecto-farmers have found more efficient means of production and that the supply is outstripping the demand. Probably a combination of above:

• Zkeys are trading at WTB/WTS 5–5.5, compared to 5.5–7.5 when zoins were made tradeable.
• Ectos at the NPC are WTB/WTS 7.0–9.5, versus 7.5–8.5, when zoins werem made tradeable.

Other notes: despite there being four types of strongboxes — each with different content — people are still offering WTB/WTS prices on strongboxes.

Other points of comparison

Rule of thumb: don't change your priorities just for a Z-quest. The financial rewards are good, but you can often make more money farming directly. For VQs, the faction rewards are also luke-warm compared to farming. However, for dungeons, the reputation bonus is substantial.

The following Zaishen quests all offer 140-150 zoins, i.e. 3 silvers (6) or 0.3 zkeys (i.e. 1 425):

Target	Non-Zaishen cash	Zaishen cash	Effective value (zkeys)	Effective value (silvers)
Vulture Drifts VQ	1170	1500	4095 (350%)	8670 (740%)
Murakai bounty, AKA Cathedral of Flames	1500	1500	4330 (287%)	8600 (573%)
Thunderhead Keep	0	1000	2425	7000

Data

See also: Original table, before the 2 June 2011 update that changed zoin conversion ratios and made them tradeable.

Implied value		Costs				Imputed		Trade Data & Source
Item	:					[gp]	[cu]	Buy	Sell	Trade	Notes
Copper items (Tesla)
Silver Zaishen Coin	37.3	10	50			10	50	1500	2250	1875	Silver Zaishen Coin (@ 1.5-2.5 ea)
Champagne Popper	4.5	10	20			10	20			100	100 per title point
Sparkler	4.5	10	20			10	20			100	100 per title point
Bottle Rocket	4.5	10	20			10	20			100	100 per title point
Crème Brûlée	5.8	10	50			10	50			300	100 per title point
Flask of Firewater	5.8	10	50			10	50			300	100 per title point, alk discounted
Superior Identification Kit	5.2	10	70			10	70	500	250	375	merch prices
Crate of Fireworks	5.8	10	50			10	50			300	trade channel, auctions
Scroll of Adventurer's Insight	5.6	10	25			10	25	200	100	150	merch prices
Scroll of Rampager's Insight	5.9	10	30			10	30	250	125	188	merch prices
Scroll of Hunter's Insight	6.1	10	35			10	35	300	150	225	merch prices
Passage Scroll to the Deep	9.3	10	15			10	15	200	100	150	merch prices
Passage Scroll to Urgoz's Warren	9.3	10	15			10	15	200	100	150	merch prices
Silver items (Pokhe)
Gold Zaishen Coin	27.7	50		10		150	500	7000	14000	14000	Gold Zaishen Coin (@1-2 ea)
Small Equipment Pack	7.1	50		5		100	250	2500	1250	1875	merch prices
Zaishen Tonic	5.8	50		1		60	50			350	trade channel, auctions
Flame of Balthazar	11.3	50		2		70	100			1200	5k B-faction = 1 z-keys = 5 FoBs
Lockpick	11.8	50		2		70	100	1500	750	1250	merch prices
Superior Salvage Kit	5.6	50		5		100	250	2000	1000	1500	merch prices
Perfect Salvage Kit	4.5	50		3		80	150			750	250 gp + 25 wood, 25 iron, 1 skill point
Zaishen Summoning Stone	1.1	50		3		80	150			250	probably not tradeable
Passage Scroll to the Underworld	4.5	50		3		80	150	1000	500	750	merch prices
Passage Scroll to the Fissure of Woe	4.5	50		3		80	150	1000	500	750	merch prices
Scroll of Slayer's Insight	15.8	50		1		60	50	1300	400	850	merch prices
Scroll of Berserker's Insight	13.8	50		1		60	50	1100	400	750	merch prices
Scroll of Hero's Insight	15.8	50		1		60	50	1200	500	850	merch prices
Tome (Normal - Min)	0.8	50		1		60	50			100	Gwauctions.org
Tome (Normal - Max)	14.8	50		1		60	50			800	Gwauctions.org
Gold items (Jessie Llam)
Zaishen Key	11.5	100			1	250	500			6000	trade channel, auctions
Light Equipment Pack	23.5	100			1	250	500	11000	13000	12000	7-15k/ea (3/21/11 instasale @12k)
Large Equipment Pack	17.7	100			5	850	2500	40000	50000	45000	~35-50k (3/21/11 instasale @40k) (5/17/11 slow sale at 43k)
Heavy Equipment Pack	17.2	100			15	2350	7500	112500	150000	131250	trade channel, auctions: WTS 17-25e
Tome (Elite - Min)	7.5	100			1	250	500			4000	Gwauctions.org
Tome (Elite - Max)	23.5	100			1	250	500			12000	Gwauctions.org
Envoy Weapon (Low demand)		100			100	15000	50000
Envoy Weapon (High demand)		100			100	15000	50000
Everlasting Crate of Fireworks	4.5	100			50	7600	25000			120000	Gwauctions.org

Notes

Bad deals

Fair deals

Good deals

Best deals

• Implied Trade Cu: The implied/imputed gold value of a zoin in /; see below.
• Costs The in-game cost of an item in gold, zoin, silver zoin, and gold zoin respectively.
• Imputed [gp], [cu]: The in-game cost of silver and gold zoin items, converted into imputed gold and zoin costs. (A Lockpick costs 2 and 50, which is the same as (2*50 + 2*10) + 50 = 100 + 70.)
• Trade data & source: The trade price is halfway between the WTB and WTS prices.
  • Where possible, merchant (NPC) prices are used.
  • Otherwise, the primary sources are GW Auctions, The Estimator, and my own observations or purchases.
  • Ecto conversion values are 7500/ecto (as noted), even though the price fluctuates considerably. (Generally the e-value of an item takes 3-4 months to adjust to changes in ecto prices; when the commodity is volatile, they do not go up and down.)
  • Sweets, Alcohol, and Party items use 100/point, which is considered the baseline for fair prices.
  • Flames of Balthazar have slightly worse gold/zoin values than Zaishen Keys because the transaction costs are slightly higher (350 instead of just 250 when converting to zkeys).