Jagex begins fixing long-wrong prices

[Myweponsg00d]

The GE will never have correct prices for any item to be honest.

 

 

 

This.

 

 

 

As long as I put a willow longbow in the trade menu and it says anything higher than the general store value, prices are wrong. If these prices of mass produced goods are wrong, it lets people have "street" prices of high end items. Get rid of junk values, and all high-value items will have no choice but to correct themselves to actual street trade. Get rid of junk=get rid of junk trading. Get rid of junk trading=all trade through the GE=GE prices established by actual trade value.

[Soma2035]

@ Soma: That was a great read with some very insightful observations. However, there haven't been any DSS's or ESS's sold as can be seen by their absence from this page. Now, that doesn't necessarily mean that any of your other information/points are wrong, but I did want to point out that any price changes requiring the sale of a DSS/ESS could not have happened simply beause of the lack of a sale of any DSS/ESS or either sigil.

 

 

 

There are tons of items not listed on it. Such as, Saradomin Hilts. Are you trying to tell me that despite all the CS teams clogging up most of the LS worlds every day, that not one Saradomin Hilt was sold?

 

 

 

How does this list work anyways? If it goes by value... somehow, I doubt any party hats total sales this week exceeded that of the Saradomin Godsword. Or Vesta's Spear exceeded that of a Dragon Chainbody. On that note, why is a more valuable item listed beneath a less valuable one? (Look at Corrupt Dragon Battle Axe and Onyx Ring).

 

 

 

This chart generally follows a downward trend in prices, however, it doesn't seem very accurate to me. I think if you want to use this as evidence that something isn't being sold, you should first explain how this thing works.

[Soma2035]

The GE will never have correct prices for any item to be honest.

 

 

 

Sorry for double post, but,

 

 

 

3_Hit_U, you're exaggerating. The GE will never have the correct prices for EVERY item. However, for many items, the GE does reach the correct price, and follows it faithfully through daily fluctuations. The GE does occasionally get the correct price, but it is temporary, because of how slow it responds to price fluctuations.

[xpx]

Soma- the list shows the price changes of the 100 most expensive items being traded withing a day, 7 days or 30 days. The list doesn't include raw materials(hilts, godsword shards, ruined pieces, sigils, all armor sets etc). The raw good sales do not affect the price of the finished product, but the finished product price is linked to the raw goods(for example ruined piece sales do not affect the dragon plate price in any way, but this works in the opposite with armor sets).

 

So what we can read from the 30 day chart is that no ESS nor DSS has been sold on the ge in a month, though if any sigils have been sold is unknown. Sigil sales do NOT affect the shield price.

[Soma2035]

Soma- the list shows the price changes of the 100 most expensive items being traded withing a day, 7 days or 30 days. The list doesn't include raw materials(hilts, godsword shards, ruined pieces, sigils, all armor sets etc). The raw good sales do not affect the price of the finished product, but the finished product price is linked to the raw goods(for example ruined piece sales do not affect the dragon plate price in any way, but this works in the opposite with armor sets).

 

So what we can read from the 30 day chart is that no ESS nor DSS has been sold on the ge in a month, though if any sigils have been sold is unknown. Sigil sales do NOT affect the shield price.

 

 

 

A) Please quote the text where it is said that raw materials are not included. Also, please define "Raw Material". Goods are not simply classified as raw material, or complete product. There are many occasions in which a finished product is a raw material for another product, or has a use on its own.

 

 

 

B) Finished Goods DO increase in price if Raw Goods are changing in price. For example, Adamant Arrows p++ fluctuate in price frequently despite never being traded. That is because they are tied to weapon poison ++ prices. There is nothing to indicate that a Divine Spirit Shield is not tied to a Divine Sigil in the same way.

 

 

 

C) We can not read anything from the chart, really, because the chart isn't accurate. Again, explain why cheaper items are ranked above more expensive items on the list. The list is obviously meant to go in order of prices, seeing as the most expensive party hats are on top. However, further down on the list, Corrupted Dragon Battleaxe is listed above Onyx Ring, despite Onyx Ring having a higher price, even with the 5% margin for price changes.

 

 

 

D) There really is no evidence that the volume traded is 1 or greater. Jagex has not defined "traded" anywhere that I can see, it could easily mean a certain quantity has been traded. Look down the list and you'll find plenty of items missing that were probably traded within the past month at least once.

[llamster]

 

well no, it is false. Jagex stated that items could only rise 5% a day, and a rise of 26% in one day is (if my math proves correct) in fact over 5%. so something must have happended at Jagex hq or else the Ge is just randomly bugging suddenly after being out for over a year...

 

 

 

 

 

 

Nope. The maximum amount used to be 10%, except for really cheap items.

 

 

 

The GE will never have correct prices for any item to be honest.

 

3_Hit_U will never think before posting stupid comments about any item to be honest

 

 

 

Plant pot - An empty plant pot may be purchased from a farming shop for 1 coin each

 

Grand Exchange Database - Current price - empty

 

 

 

I'll save you the effort of clicking... its 1gp.

 

 

 

The fact that the GE price is the exact same as the shop price is a strong indicator that plant pots are actually underpriced.

[acenator]

@ Soma: That was a great read with some very insightful observations. However, there haven't been any DSS's or ESS's sold as can be seen by their absence from this page. Now, that doesn't necessarily mean that any of your other information/points are wrong, but I did want to point out that any price changes requiring the sale of a DSS/ESS could not have happened simply beause of the lack of a sale of any DSS/ESS or either sigil.

 

 

 

There are tons of items not listed on it. Such as, Saradomin Hilts. Are you trying to tell me that despite all the CS teams clogging up most of the LS worlds every day, that not one Saradomin Hilt was sold?

 

 

 

How does this list work anyways? If it goes by value... somehow, I doubt any party hats total sales this week exceeded that of the Saradomin Godsword. Or Vesta's Spear exceeded that of a Dragon Chainbody. On that note, why is a more valuable item listed beneath a less valuable one? (Look at Corrupt Dragon Battle Axe and Onyx Ring).

 

 

 

This chart generally follows a downward trend in prices, however, it doesn't seem very accurate to me. I think if you want to use this as evidence that something isn't being sold, you should first explain how this thing works.

 

I cannot explain exactly how it works, but I do know that an item must be sold for it to show up on that list. And, seeing how the other two spirit shields are there, I can safely say that the DSS and ESS have not been sold on the GE in the last 30 days.

 

 

 

Also, if you check the current prices of corrupt dragon battle axes and onyx rings, I'm sure you'd notice that the corrupt dragon battleaxe has a higher market price than the onyx ring and is therefore in the right spot on the list (it lists items by the actual market values, not the prices listed on the right which show the total price change over the designated time period, the least the item's been sold for, the median price it has sold for, and the highest it has sold for).

[Soma2035]

@ Soma: That was a great read with some very insightful observations. However, there haven't been any DSS's or ESS's sold as can be seen by their absence from this page. Now, that doesn't necessarily mean that any of your other information/points are wrong, but I did want to point out that any price changes requiring the sale of a DSS/ESS could not have happened simply beause of the lack of a sale of any DSS/ESS or either sigil.

 

 

 

There are tons of items not listed on it. Such as, Saradomin Hilts. Are you trying to tell me that despite all the CS teams clogging up most of the LS worlds every day, that not one Saradomin Hilt was sold?

 

 

 

How does this list work anyways? If it goes by value... somehow, I doubt any party hats total sales this week exceeded that of the Saradomin Godsword. Or Vesta's Spear exceeded that of a Dragon Chainbody. On that note, why is a more valuable item listed beneath a less valuable one? (Look at Corrupt Dragon Battle Axe and Onyx Ring).

 

 

 

This chart generally follows a downward trend in prices, however, it doesn't seem very accurate to me. I think if you want to use this as evidence that something isn't being sold, you should first explain how this thing works.

 

I cannot explain exactly how it works, but I do know that an item must be sold for it to show up on that list. And, seeing how the other two spirit shields are there, I can safely say that the DSS and ESS have not been sold on the GE in the last 30 days.

 

 

 

Also, if you check the current prices of corrupt dragon battle axes and onyx rings, I'm sure you'd notice that the corrupt dragon battleaxe has a higher market price than the onyx ring and is therefore in the right spot on the list (it lists items by the actual market values, not the prices listed on the right which show the total price change over the designated time period, the least the item's been sold for, the median price it has sold for, and the highest it has sold for).

 

 

 

Corrupt Dragon Battle Axe - Mid Price of 2.6M

 

Zuriel's Staff - Mid Price of 2.7M, right underneath the Battle Axe.

 

 

 

The prices apparently changed since I saw them this morning, but now, Corrupted D B Axe is at 2.6M, and above items at 2.7M...

 

 

 

In either case, it still doesn't seem reliable. There's definitely been Saradomin Hilts sold, and the whole "raw materials" argument is nonsense. Onyx and Uncut Onyx are raw materials. Magic Stones are raw materials.

 

 

 

Because no one knows how this list works, it could easily A) Require a certain amount of sales (not just 1), and B) Not count goods via coinshare.

 

 

 

Also, it's funny how both Arcane and Spectral are on the list of goods sold today... and yet people can't buy them right now thanks to them having been flipped. I don't think this is proof of anything, but if you believe it, then that's your choice.

[acenator]

@ Soma: That was a great read with some very insightful observations. However, there haven't been any DSS's or ESS's sold as can be seen by their absence from this page. Now, that doesn't necessarily mean that any of your other information/points are wrong, but I did want to point out that any price changes requiring the sale of a DSS/ESS could not have happened simply beause of the lack of a sale of any DSS/ESS or either sigil.

 

 

 

There are tons of items not listed on it. Such as, Saradomin Hilts. Are you trying to tell me that despite all the CS teams clogging up most of the LS worlds every day, that not one Saradomin Hilt was sold?

 

 

 

How does this list work anyways? If it goes by value... somehow, I doubt any party hats total sales this week exceeded that of the Saradomin Godsword. Or Vesta's Spear exceeded that of a Dragon Chainbody. On that note, why is a more valuable item listed beneath a less valuable one? (Look at Corrupt Dragon Battle Axe and Onyx Ring).

 

 

 

This chart generally follows a downward trend in prices, however, it doesn't seem very accurate to me. I think if you want to use this as evidence that something isn't being sold, you should first explain how this thing works.

 

I cannot explain exactly how it works, but I do know that an item must be sold for it to show up on that list. And, seeing how the other two spirit shields are there, I can safely say that the DSS and ESS have not been sold on the GE in the last 30 days.

 

 

 

Also, if you check the current prices of corrupt dragon battle axes and onyx rings, I'm sure you'd notice that the corrupt dragon battleaxe has a higher market price than the onyx ring and is therefore in the right spot on the list (it lists items by the actual market values, not the prices listed on the right which show the total price change over the designated time period, the least the item's been sold for, the median price it has sold for, and the highest it has sold for).

 

 

 

Corrupt Dragon Battle Axe - Mid Price of 2.6M

 

Zuriel's Staff - Mid Price of 2.7M, right underneath the Battle Axe.

 

 

 

The prices apparently changed since I saw them this morning, but now, Corrupted D B Axe is at 2.6M, and above items at 2.7M...

 

 

 

In either case, it still doesn't seem reliable. There's definitely been Saradomin Hilts sold, and the whole "raw materials" argument is nonsense. Onyx and Uncut Onyx are raw materials. Magic Stones are raw materials.

 

 

 

Because no one knows how this list works, it could easily A) Require a certain amount of sales (not just 1), and B) Not count goods via coinshare.

 

 

 

Also, it's funny how both Arcane and Spectral are on the list of goods sold today... and yet people can't buy them right now thanks to them having been flipped. I don't think this is proof of anything, but if you believe it, then that's your choice.

 

Ummm... Actually zuriel's staff is about a page above the battle axe for me, but it is also above pumpkins, so it's all good (in a way).... Maybe it takes a bit to change positions after prices update.... Maybe it's a conspiracy to make us think about it so much that our heads explode :lol: (read the RSOF thread being talked about on the "Noobs Say the Funniest Things" thread).

 

 

 

It would make sense that CS'd items aren't counted since they (as far as I remember) aren't used in adjusting prices (and if they are now, I'd like to see where Jagex said this so that I can feel stupid for not finding/hearing about it earlier). Also, it wouldn't surprise me if a few people sold arcane and spectral shields (some people sell 3rd age on the GE). Although this could be used to refute the apparent lack of DSS and ESS sales... If only Jagex told us how things like these worked...

 

 

 

As for the "raw materials" argument, maybe it doesn't show items that are linked to the prices of others and only the prices of those they're linked to.

 

 

 

Maybe we should get a spy inside Jagex Towers so that we can get instant answers to all these problems.... :-k I think I'll leave this for other people to debate over... As far as I'm concerned, we cannot get an answer to any of these questions without Jagex giving us the answers. Not to mention the fact that you have pointed out several major flaws (that should be explainable in one way or another) with the list in question.

[lebst]

I think people are actually buying the pvp items (with a slight extra price drop from jagex to make it 10% or something). I sold my zuriel's staff in the ge for around 3m the other day. I didn't even put it in when the price changed, something like 6 or 7 hours later.