This is not a rant, more just an observation - but as usual I can't think of an appropriate forum to post it in other than this one.
I'm sure I'm not alone in what I'm going to describe and I wonder how others of you might think about it, and/or whether you 'won' or 'lost' in this particular gamble.
Here's my situation: I skilled up on smithing with the goal, ultimately, of fitting out my own warrior in Don GM Stormguard armor. I figured I could make some, sell some, etc. etc. until I finally had enough to be able to make my own set and, hopefully, have a continuing source of income after that.
Now, I know it would have been wise to have like a million plat or so before I ever started, but I was nowhere close to that, and it seemed like, overall, I couldn't lose in the long run - if worse came to worse, I could at least make my own armor cheaper than I could buy it. But I really didn't anticipate worse coming to worse.
When I started skilling up, I had about 200K in the bank. I spent about 70K or so skilling up (using Mistletoe Cutting Sickles after 222) and eventually got to 254 with all my smithing mastery aa's and my salvage aa's. A good enough skill, according to others calculations, that I would have the maximum chance of success on any of the cultural pieces.
I had made back some of the plat in the course of doing this, so, at the time I finished, I had about 80K in the bank plus 3 metallic drake scales that I had accumulated (and could have sold for 34K each or so). So I made 3 attempts at single sheet items and succeeded on two. I put those two up for sale in the bazaar at lower prices then anyone else was selling for. They've been sitting there for over two weeks and haven't sold. Not only haven't they sold, I haven't even had a nibble - i.e. someone asking me if I can make another piece or anything like that.
I know enough about the EQ economy to know that sooner or later I will sell some pieces, but it is also clear to me that I am not going to be selling a ton of the stuff, and I'm not going to be selling steadily. There are two other dwarven GM smiths on my server who are selling the stuff, and I'm guessing the market has been fairly saturated.
So, at the moment I have those two pieces for sale, plus a couple of master level pieces I made, and then about 150K in the bank. I could wait until I have a big reserve of plat to do anything else, but that really seems kind of pointless to me. So, one of these days, I'm going to stick 3 sheets in the forge with a bp mold and click combine. And at that point, it is going to be a huge roll of the dice, and what happens after that will very much be different depending on whether a bp comes out or not. I will either have a 200K item to sell, or I will be down to 60K or so in the bank and looking at 3 weeks or so of building my funds back up again.
I'm not going to come here and rant if I fail - I know how this works, but I realize that the fact that 'it will even out in the long run' is not going to matter a lot to me in terms of doing DoN cultural. The amount of plat involved is just much too large compared to what I am starting with. I can make up the 3 weeks, but then what if I fail again? And again after that? On the other hand, what if I succeed the first time? And the second time? I will, most likely, change my EQ fortunes considerably, one way or the other, pretty much depending on a couple of combines early on.
Since I feel certain that not all of the smiths on this board went into this with large amounts of plat already banked, I know that some of you must have been through some version of the 'lottery combine.' What was your experience - both in the short term and the long run?
{Moving to General (from PSR): this applies to more than one skill and is a question (with comment) but not a rant, so General is the perfect spot. I'm hoping to help you get some solid information rather than just rants.
-Verdandi}
I'm sure I'm not alone in what I'm going to describe and I wonder how others of you might think about it, and/or whether you 'won' or 'lost' in this particular gamble.
Here's my situation: I skilled up on smithing with the goal, ultimately, of fitting out my own warrior in Don GM Stormguard armor. I figured I could make some, sell some, etc. etc. until I finally had enough to be able to make my own set and, hopefully, have a continuing source of income after that.
Now, I know it would have been wise to have like a million plat or so before I ever started, but I was nowhere close to that, and it seemed like, overall, I couldn't lose in the long run - if worse came to worse, I could at least make my own armor cheaper than I could buy it. But I really didn't anticipate worse coming to worse.
When I started skilling up, I had about 200K in the bank. I spent about 70K or so skilling up (using Mistletoe Cutting Sickles after 222) and eventually got to 254 with all my smithing mastery aa's and my salvage aa's. A good enough skill, according to others calculations, that I would have the maximum chance of success on any of the cultural pieces.
I had made back some of the plat in the course of doing this, so, at the time I finished, I had about 80K in the bank plus 3 metallic drake scales that I had accumulated (and could have sold for 34K each or so). So I made 3 attempts at single sheet items and succeeded on two. I put those two up for sale in the bazaar at lower prices then anyone else was selling for. They've been sitting there for over two weeks and haven't sold. Not only haven't they sold, I haven't even had a nibble - i.e. someone asking me if I can make another piece or anything like that.
I know enough about the EQ economy to know that sooner or later I will sell some pieces, but it is also clear to me that I am not going to be selling a ton of the stuff, and I'm not going to be selling steadily. There are two other dwarven GM smiths on my server who are selling the stuff, and I'm guessing the market has been fairly saturated.
So, at the moment I have those two pieces for sale, plus a couple of master level pieces I made, and then about 150K in the bank. I could wait until I have a big reserve of plat to do anything else, but that really seems kind of pointless to me. So, one of these days, I'm going to stick 3 sheets in the forge with a bp mold and click combine. And at that point, it is going to be a huge roll of the dice, and what happens after that will very much be different depending on whether a bp comes out or not. I will either have a 200K item to sell, or I will be down to 60K or so in the bank and looking at 3 weeks or so of building my funds back up again.
I'm not going to come here and rant if I fail - I know how this works, but I realize that the fact that 'it will even out in the long run' is not going to matter a lot to me in terms of doing DoN cultural. The amount of plat involved is just much too large compared to what I am starting with. I can make up the 3 weeks, but then what if I fail again? And again after that? On the other hand, what if I succeed the first time? And the second time? I will, most likely, change my EQ fortunes considerably, one way or the other, pretty much depending on a couple of combines early on.
Since I feel certain that not all of the smiths on this board went into this with large amounts of plat already banked, I know that some of you must have been through some version of the 'lottery combine.' What was your experience - both in the short term and the long run?
{Moving to General (from PSR): this applies to more than one skill and is a question (with comment) but not a rant, so General is the perfect spot. I'm hoping to help you get some solid information rather than just rants.

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