High prices for low quality items at the auction

Why do some junk items and some 6 slot bags cost thousands of gold?
Does it have something to do with collecting rare items or what?

Most likely AH goblins inflating prices. Buy out all the 15g 6slot bags, repost them for 1000g, then post one for 500g, player sees a 6 slot bag for half the price, and thinks its cheap. Something like that idk, i dont play the auction house.

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Sometimes yes, but most of the time its just greed.

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People in general try to scam others. I’ve seen quite a few times people posting items from Griftah for hundreds or thousands of gold and even advertising it in Trade chat as something rare…

I am not against free market, but I do believe that we shouldn’t be able to post something at the AH for more than 100 times its vendor value.

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gold sellers use low quality items to trade gold

for example they put up a grey item for 1mil gold
and the buyer will buy it on the AH

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People do same thing in ffxiv .they post items in marketboard (auction house) that can normally be bought through npc vendor .some poor souls like new players fall into that trap . Same situation also exists in wow unfortunately

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If people pay for that, they won’t change them. Just like IRL! :slight_smile:

Where there is sheeps there is scissors…

Yeah, for a while AH transactions didn’t have tracking to counter bots. Think it’s been adjusted now, but then semi-bot tools like Auctionator still exists…

low demand, low supply
therefor it doesnt regulate itself to an “appropriate” level

I think items should show it if there’s an ingame vendor: Show the vendor, location and the price on the mouse-over tooltip. That would maybe curb some of this type of scamming.

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supply and demand

It’s a great idea and already implemented by addons like AllTheThings. I do agree it should be implemented, at least for items that are always on the vendor without limited quantities.

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Indeed. That has been the way to white washing wow gold

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Biggest problem with AH is the listing fees are absurdly high. No point trying to sell an xmog for 200g if the cost of posting it is 80g.

The Tinfoil Hat Strategy:
If it’s indeed white-washing gold or something shady like that, you can try to mimic those lots with same gold/silver/bronze price and may be you can get lucky when shady fella accidentally buy yours stuff instead of theirs.

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Depends on the items to be honest and how actually rare it is. I know that on the NA, I think it would be the same for EU, bots would try and use the Auction House to transfer large sums of illicitly obtain gold thinking it would bypass Blizzard’s eagle hawk eyes on tracking the gold taken from stolen accounts.

To my knowledge, there IS couple of quite rare grey items with unique mog, but other than that, most of grey-equip is have same old mog models, so they do not worth much.

Noticeable rare grey items, just a few examples:

Grey-grey, non-equip items like “Rock Chip” or “Glowing Rock” is clearly either seller just put it on AH with hopes of someone accidentally buy it or, as stated before, shady-gold stuff.

There is literal garbage that has no use which costs from 6k to 1kk
I do not understand what drive people to place garbage items there that has no aplicability anywhere and has a “trash” label. I wish it would be banned from auctioning.