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Aivas

Aivas

Posts: 3,002 Adamant Posts by user Forum Profile RuneMetrics Profile
Right....a question and a criticism about this...maybe more to follow.

One,

SsVivid said :

Average sapphire uncut / cut / ring ------------- 80gp / 160gp / 1.3k
Average emerald uncut / cut / ring -------------- 360gp / 720gp / 1.9k
Average ruby uncut / cut / ring ----------------- 600gp / 1.2k / 2.3k
Average diamond uncut / cut / ring ------------- 750gp / 1.5k / 2.7k

When you say....all ^ that, are you comparing two seperate gemstones of equal size for their pricing? Cause, a stone can lose over half its weight in the process that transforms it into a shiny stone....which reduces its value, if I'm not mistaken. If its the same stone throughout the cutting, refining, and polishing process, you'd expect it to lose value as it was cut, which, seeing as cut gemstones usually don't pop outa nowhere, would make all cut gems worth less than they were in their uncut form. I think.

Two,

The only real problem I have with your thread is....ya guessed it, inflation . Whether called legitimate or rofl, whether the coins are minted in a kingdom or counterfeited by a skilled alchemist, inflation has taken over and radically changed the rsrp economy, much in the same way inflation has radically changed the Runescape economy. For example, you cite a "basic rune sword" as costing 300k coins? Which would be....3k on the Tibby system? I think if that was the case, just about everyone, their dog, their dead grandmother, their dead grandmother's grandmother, and so on, could probably afford a basic rune sword. As a smith, I usually price rune swords (not that I'm making dozens of swords or anything, it's a pretty rare occurrence) somewhere in the millions of gold coins, simply because of how rampant inflation is in rsrp. Thoughts? Questions? Comments?

14-Oct-2013 00:22:34 - Last edited on 14-Oct-2013 00:25:03 by Aivas

SsVivid

SsVivid

Posts: 1,776 Mithril Posts by user Forum Profile RuneMetrics Profile
Aivas said :
Are you comparing two seperate gemstones of equal size for their pricing? Cause, a stone can lose over half its weight in the process that transforms it into a shiny stone....which reduces its value, if I'm not mistaken.
You can assume that each gem (ruby/sapphire/emerald/etc) compared in the list is a "standard" sized gem, that they are all roughly the same size and cut. (So, a smaller one would be cheaper and a larger one more expensive.) While an uncut gem may weigh more, it is uncrafted and less in demand. That is to say, when purchasing an uncut gem, you are only buying the raw material. However, when purchasing a cut gem, not only are you paying for the full original uncut gem, but also paying for the skills and labor of the craftsman who cuts your jewel for you. And, when I refer to demand, I mean that the price of an item rises in value when more people want it - which is true when you compare how many people would be interested in buying a raw jewel (probably mostly craftsman and hippies) as opposed to a beautiful, shimmering gemstone that has been fully crafted.

Aivas said :
I think if that was the case, just about everyone, their dog, their dead grandmother, their dead grandmother's grandmother, and so on, could probably afford a basic rune sword.
I suspect you may have missed where I also priced the average monthly and yearly income of the different social classes.


Working peasant's monthly / yearly income ------ 900gp / 11k
Working classman's monthly / yearly income ----- 1.5k / 18.5k
Low noble's monthly / yearly income ------------ 4.75k / 57k
High noble's monthly / yearly income ------------ 22k / 265k

So, a 300k rune sword costs more than even the wealthiest nobles' annual income.

14-Oct-2013 00:31:15 - Last edited on 14-Oct-2013 00:34:38 by SsVivid

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