"The price of a single shard is exactly 1/300th of the Grand Exchange price of the item it creates."
The price will be set by the market (I assume). If Jagex plans to fix shards to trade
only
at exactly 1/300th the item price, then they need to clarify as this would probably change a lot of opinions. By arbitrage, it might be assumed that the market would work it out to exactly 1/300 anyway. However, it would help, economically, if it were two-way (i.e. you could also break the item into 300 shards).
This is somewhat analagous to the soon-coming scale update: You can break Zulrah drops into scales, but you can't turn 20k scales into a Zulrah drop, this will cause the drops to all be worth a little more than 20k scales so that people can't make free money. As with shards, 300 shards will always be worth a little more than the item so that people can't make free money combining. Both of these discrepancies could be alleviated by making it go both ways. I think this is especially important with shards so as to not give group bossing an advantage.
Again, if Jagex plans to
fix
the price of shards at 1/300th, then this needs to be clarified. I think I speak for most of us when I say, I will vote no on any update that entails price fixing.
09-Feb-2016 19:22:55